
About Mumbai Property Exchange Private Limited
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Mumbai Property Exchange Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 09 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2013PTC245399. Its GSTIN is 27AAICM7534L2ZX (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Neeru Sandeep Sadh and Sandeep Ashok Sadh.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.32 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹3.74 Lakh (net margin -51.1%) and EBITDA of -₹3.57 Lakh (EBITDA margin -48.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 19% over five years.
The company is associated with 1 brand: PROPi.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website propi.in.
Company details
Contact details
Mumbai Property Exchange Private Limited's registered office is in Mumbai, Maharashtra. Its website is propi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address501 5th Floor Stanford Plaza, Opp Richa Building Off New Link Road Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryInternet, Online Real Estate Platforms
To see the full contact details of Mumbai Property Exchange 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
Business activity
The main business activity of Mumbai Property Exchange is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Mumbai Property Exchange Private Limited, buy the company report.
Financials of Mumbai Property Exchange Private Limited
FY 2023 filings availableMumbai Property Exchange Private Limited reported revenue of ₹7.32 Lakh (down 79% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 79% fall in the latest year. EBITDA fell 172% 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 | FY 2018-19 |
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| EBITDA | -₹3.57 Lakh | ||||
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| Net Profit (PAT) | -₹3.74 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -48.7% | ||||
| Net Profit Margin | -51.1% | ||||
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To see the full financial statements and ratios of Mumbai Property Exchange Private Limited, buy the company report.
Board of directors of Mumbai Property Exchange Private Limited
Mumbai Property Exchange has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neeru Sandeep Sadh Also directs: Real Estate Mumbai Private Limited | Director | 09 Jul 2013 | 13 Years 3 Months | Current |
| Sandeep Ashok Sadh Also directs: Real Estate Mumbai Private Limited | Director | 09 Jul 2013 | 13 Years 3 Months | Current |
Auditor
Mumbai Property Exchange Private Limited is audited by NIHALCHAND JAIN AND ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NIHALCHAND JAIN AND ASSOCIATES | FY 2020 | 144703W |
Shareholding
The shareholding of Mumbai Property Exchange Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mumbai Property Exchange Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mumbai Property Exchange 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
No delayed payments to MSME suppliers are on our record for Mumbai Property Exchange Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mumbai Property Exchange has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICM7534L2ZX | Maharashtra | Active | 28 Aug 2017 |
To see the full GST registrations and return filing status of Mumbai Property Exchange Private Limited, buy the company report.
Recent activity
Mumbai Property Exchange Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Neeru Sandeep Sadh was appointed as Director on 09 Jul 2013.
Frequently asked questions
Mumbai Property Exchange is an active private limited company based in Mumbai, Maharashtra, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 09 July 2013 (13+ years old) and is registered under CIN U70102MH2013PTC245399.
Mumbai Property Exchange has 2 current directors:
- Neeru Sandeep Sadh - Director
- Sandeep Ashok Sadh - Director
The latest financial statements of Mumbai Property Exchange on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mumbai Property Exchange is 27AAICM7534L2ZX, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mumbai Property Exchange is U70102MH2013PTC245399. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mumbai Property Exchange was incorporated on 09 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Neeru Sandeep Sadh was appointed as Director on 09 Jul 2013. Sandeep Ashok Sadh was appointed as Director on 09 Jul 2013.
Mumbai Property Exchange can be reached through the website propi.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Mumbai Property Exchange is at 501 5th Floor Stanford Plaza, Opp Richa Building Off New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
Mumbai Property Exchange operates in the internet industry, in the online real estate platforms segment.

