
About Lipsita Projects & Services Private Limited
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Lipsita Projects & Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 21 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH1994PTC081322. Its GSTIN is 27AAACL5843K1Z9 (Maharashtra).
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹57.33 Lakh. It is led by directors Vikrant Sharad Vaidya and Prakash Baburao Rane.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 15th Floor Abm House Plot No. 268 Linking Road Bandra (West), Mumbai, Maharashtra, India – 400050.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lipsitaprojects.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address15th Floor Abm House Plot No. 268 Linking Road Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryReal Estate, Real Estate Leasing
- 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
- One PDF report, delivered after checkout
Business Activity of Lipsita Projects & Services Private Limited
The main business activity of Lipsita Projects & Services is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Lipsita Projects & Services Private Limited FY 2025 filings available
Lipsita Projects & Services Private Limited reported revenue of ₹5,823 (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Lipsita Projects & Services Private Limited
Revenue rose 16% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 77%. 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 of Lipsita Projects & Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 of Lipsita Projects & Services Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Lipsita Projects & Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Lipsita Projects & Services Private Limited
Lipsita Projects & Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Baburao Rane Also directs: Abm Knowledgeware Limited, Instasafe Technologies Private Limited | Additional Director | 01 Jul 2024 | 2 Years 3 Months | Current |
| Vikrant Sharad Vaidya Also directs: Mokhsh Investment LLP, Invictus Clubs & Resorts Private Limited | Director | 05 Sep 2012 | 14 Years 1 Months | Current |
Peer Comparison of Lipsita Projects & Services Private Limited
Lipsita Projects & Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Buildings). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pearl Prime Realestate Private Limited | ₹5,900 (FY 2025) | •••• | •••• | -3.0% | •••• | Jaipur, Rajasthan, India |
| Indiabulls Energy Limited | ₹5,871 (FY 2017) | •••• | •••• | -98.0% | •••• | New Delhi, Delhi, India |
| Real Enclave Private Limited | ₹5,850 (FY 2025) | •••• | •••• | -100.0% | •••• | Kolkata, West Bengal, India |
| H M Constech Private Limited | ₹5,841 (FY 2025) | •••• | •••• | -100.0% | •••• | Noida, Uttar Pradesh, India |
| Domeska Builders and Promoters Private Limited | ₹5,836 (FY 2021) | •••• | •••• | •••• | Derabassi, Punjab, India | |
| Lipsita Projects & Services Private Limited this company | ₹5,823 (FY 2024) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Kindhede Real Estate Private Limited | ₹5,780 (FY 2021) | •••• | •••• | -53.0% | •••• | Nagpur, Maharashtra, India |
| Emrald Land Developers Private Limited | ₹5,750 (FY 2020) | •••• | •••• | 15.0% | •••• | Jaipur, Rajasthan, India |
| Malay Shelters Private Limited | ₹5,750 (FY 2025) | •••• | •••• | 10.0% | •••• | Agra, Uttar Pradesh, India |
| Av Real-Tech Private Limited | ₹5,721 (FY 2017) | •••• | •••• | -100.0% | •••• | New Delhi, Delhi, India |
| Chloris Constructions Limited | ₹5,704 (FY 2017) | •••• | •••• | -97.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Lipsita Projects & Services by revenue in the same principal business activity (Buildings), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Lipsita Projects & Services Private Limited
Lipsita Projects & Services Private Limited is audited by S.P.SULE & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S.P.SULE & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Lipsita Projects & Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Lipsita Projects & Services Private Limited
Lipsita Projects & Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Lipsita Projects & Services Private Limited
Employment history and EPFO contributions of people linked to Lipsita Projects & Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Lipsita Projects & Services Private Limited
Lipsita Projects & Services Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Prashant Krishnanand Naik ceased to be Director on 02 Jul 2024.
Credit Ratings, Litigation & Regulatory Alerts for Lipsita Projects & Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Lipsita Projects & Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lipsita Projects & Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Lipsita Projects & Services Private Limited
Lipsita Projects & Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL5843K1Z9 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Lipsita Projects & Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Lipsita Projects & Services Private Limited
Lipsita Projects & Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 21 September 1994 (32+ years old) and is registered under CIN U45202MH1994PTC081322.
Lipsita Projects & Services has 2 current directors:
- Prakash Baburao Rane - Additional Director
- Vikrant Sharad Vaidya - Director
The GSTIN of Lipsita Projects & Services is 27AAACL5843K1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lipsita Projects & Services is U45202MH1994PTC081322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lipsita Projects & Services was incorporated on 21 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lipsita Projects & Services by revenue are Pearl Prime Realestate Private Limited, Indiabulls Energy Limited, Real Enclave Private Limited, H M Constech Private Limited, Domeska Builders and Promoters Private Limited and 5 more, all in the same principal business activity (Buildings).
Prashant Krishnanand Naik ceased to be Director on 02 Jul 2024. Prakash Baburao Rane was appointed as Additional Director on 01 Jul 2024. Krishna Sitaram Venkat ceased to be Director on 15 Apr 2019. Lipsita Projects & Services has 5 board changes on record in total.
Lipsita Projects & Services can be reached through the website lipsitaprojects.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Lipsita Projects & Services is at 15th Floor Abm House Plot No. 268 Linking Road Bandra West, Mumbai, Maharashtra, India – 400050.
Lipsita Projects & Services has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹57.33 Lakh.
Lipsita Projects & Services operates in the real estate industry, in the real estate leasing segment.