
About Ilp 3 India 1 Private Limited
Data last updated:
Ilp 3 India 1 Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ilp Iii Ventures Xii Pte. Ltd.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 August 2019.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2019FTC329721.
The company has an authorised share capital of ₹26 Cr and a paid-up capital of ₹25.27 Cr. It is led by directors including Shreyansh Navinchandra Shah and Dilipkumar Natvarlal Jagad (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 08 June 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at One World Center 11th Floor Tower 2A Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.31 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹89.82 Lakh (net margin 68.4%) and EBITDA of ₹1.26 Cr (EBITDA margin 96.2%). Revenue has grown at a compounded annual rate (CAGR) of 112% over three years.
The last known website on record is indospace.in.
Company details
Contact details
Ilp 3 India 1 Private Limited's registered office is in Mumbai, Maharashtra. Its website is indospace.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOne World Center 11th Floor Tower 2A Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ilp 3 India 1 Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Ilp 3 India 1 Private Limited
FY 2023 filings availableIlp 3 India 1 Private Limited reported revenue of ₹1.31 Cr (up 72% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 112% over three years, including 72% growth in the latest year. EBITDA rose 71% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1.31 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.26 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹89.82 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 96.2% | |||
| Net Profit Margin | 68.4% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Ilp 3 India 1 Private Limited, buy the company report.
Board of directors of Ilp 3 India 1 Private Limited
Ilp 3 India 1 has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhilash Pasupuleti Also directs: Erpl Realty Private Limited, Indospace Park Chakan 1B Private Limited, Indospace Park Chakan 1 Phase 2A Private Limited and 5 more | Additional Director | 20 Sep 2023 | 3 Years 1 Months | As last reported |
| Shreyansh Navinchandra Shah Also directs: Indospace SKLL Coimbatore Private Limited, Vibrance Procon Private Limited, Indospace Luhari 3E Private Limited and 5 more | Director | 29 Apr 2020 | 6 Years 6 Months | As last reported |
| Dilipkumar Natvarlal Jagad Also directs: Excel Restructuring Advisory LLP | Irp/Rp/Liquidator | 10 Oct 2023 | 3 Years 0 Months | As last reported |
Peer comparison
Ilp 3 India 1 Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Steel Strips Infrastructures Limited | ₹1.32 Cr (FY 2025) | 1.0% | Derabassi, Punjab, India | |||
| Atulya Infracon Private Limited | ₹1.31 Cr (FY 2024) | -23.0% | Ahmedabad, Gujarat, India | |||
| PHSM Constructions Private Limited | ₹1.31 Cr (FY 2024) | -54.0% | Kottayam, Kerala, India | |||
| Madikeri Construction Private Limited | ₹1.31 Cr (FY 2024) | -78.0% | Madikeri, Karnataka, India | |||
| Pandian Infra Private Limited | ₹1.31 Cr (FY 2022) | 2720.0% | Chhindwara, Madhya Pradesh, India | |||
| Ilp 3 India 1 Private Limitedthis company | ₹1.31 Cr (FY 2023) | ₹89.82 Lakh | 68.4% | 72.0% | Mumbai, Maharashtra, India | |
| Sabr Infra Developers Private Limited | ₹1.31 Cr (FY 2022) | -48.0% | Nalanda, Bihar, India | |||
| Theism Infratech Private Limited | ₹1.31 Cr (FY 2024) | 199.0% | Kolkata, West Bengal, India | |||
| Deccan Infrabuild Private Limited | ₹1.31 Cr (FY 2024) | -30.0% | Sangli, Maharashtra, India | |||
| Technoedge Research Private Limited | ₹1.31 Cr (FY 2025) | 96.0% | Navi Mumbai, Maharashtra, India | |||
| Aakashneev Buildsys Private Limited | ₹1.31 Cr (FY 2025) | 801.0% | Gurugram, Haryana, India |
To see the full peer comparison of Ilp 3 India 1 Private Limited, buy the company report.
Auditor
Ilp 3 India 1 Private Limited is audited by Haren Sanghavi & Asscoiates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haren Sanghavi & Asscoiates | FY 2023 | 0120743W |
Shareholding
The shareholding of Ilp 3 India 1 Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ilp 3 India 1 Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ilp 3 India 1 Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Ilp 3 India 1 Private Limited has 3 MSME Form 1 returns on record for the period ending Mar 2022, listing 3 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| DGNK and Associates LLP |
To see the full MSME payment records of Ilp 3 India 1 Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Ilp 3 India 1 Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ilp 3 India 1 Private Limited has 7 board changes on record since 2020: 3 appointments and 4 cessations. The latest: Dilipkumar Natvarlal Jagad was appointed as Irp/Rp/Liquidator on 10 Oct 2023.
Frequently asked questions
Ilp 3 India 1 is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Ilp 3 India 1 is a company under liquidation, formerly operating as a foreign private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 August 2019 and is registered under CIN U45309MH2019FTC329721. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ilp 3 India 1 has 3 current directors:
- Abhilash Pasupuleti - Additional Director
- Shreyansh Navinchandra Shah - Director
- Dilipkumar Natvarlal Jagad - Irp/Rp/Liquidator
The latest financial statements of Ilp 3 India 1 on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 08 June 2023. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Ilp 3 India 1 is U45309MH2019FTC329721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ilp 3 India 1 was incorporated on 23 August 2019. It is registered with the Registrar of Companies, Mumbai.
The peers of Ilp 3 India 1 by revenue are Steel Strips Infrastructures Limited, Atulya Infracon Private Limited, PHSM Constructions Private Limited, Madikeri Construction Private Limited, Pandian Infra Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Dilipkumar Natvarlal Jagad was appointed as Irp/Rp/Liquidator on 10 Oct 2023. Abhilash Pasupuleti was appointed as Additional Director on 20 Sep 2023. Amit Prakash Vadhavkar ceased to be Additional Director on 11 Jun 2021. Ilp 3 India 1 has 7 board changes on record in total.
Ilp 3 India 1 has 3 MSME Form 1 returns on record for the period ending Mar 2022, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Aug 2023.
Ilp 3 India 1 can be reached through the website indospace.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Ilp 3 India 1 is at One World Center 11th Floor Tower 2A Senapati Bapat Marg, Mumbai, Maharashtra, India – 400013.
Ilp 3 India 1 operates in the infrastructure and utilities industry, in the general construction services segment.

