About Alliance Spaces Private Limited
Data last updated:
Alliance Spaces Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 23 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55101MH2007PTC169101. Its GSTIN is 27AAGCA2687Q1ZY (Maharashtra).
The company has an authorised share capital of ₹180 Cr and a paid-up capital of ₹175.65 Cr. It was formerly known as Alliance Hospitality Services Private Limited. It is led by directors including Ashish Ramkrishna Patel (Managing Director) and Lalit Jain.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹53.53 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹8.9 Cr (net margin 16.6%) and EBITDA of ₹30.02 Cr (EBITDA margin 56.1%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹166.64 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it. The company has 21 deals on record (9 secondary share transfers, 6 funding rounds, 4 debt financings), with disclosed funding of ₹449.26 Cr; the latest was in December 2022. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Sri Kubera Constructions Private Limited with revenue of ₹53.62 Cr. The company has 6 MSME Form 1 returns on record between 2020 and 2023, listing 6 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixfountainhead.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC/O Marketcity Resources Pvt Ltd R Hosiery Bldg Shree Laxmi Woollen Mills Estate Opp Sh, Akti Mills, Mumbai, Maharashtra, India – 400011
- IndustryFinancial Services, Real Estate Financing
- 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 Alliance Spaces Private Limited
The main business activity of Alliance Spaces is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Alliance Spaces Private Limited FY 2025 filings available
Alliance Spaces Private Limited reported revenue of ₹53.53 Cr (up 52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Alliance Spaces Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over three years, including 52% growth in the latest year. EBITDA rose 65% 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 of Alliance Spaces 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 | ₹30.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.9 Cr | •••• | •••• | •••• | •••• |
| 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 Alliance Spaces Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 16.6% | •••• | •••• | •••• | •••• |
| 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 Alliance Spaces 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.
Peer Comparison of Alliance Spaces Private Limited
Alliance Spaces Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri Kubera Constructions Private Limited | ₹53.62 Cr (FY 2020) | •••• | •••• | -2.0% | •••• | Sangli, Maharashtra, India |
| Poonam Housecon Private Limited | ₹53.62 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Milecon IT Park 3B Private Limited | ₹53.62 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Chennai, Tamil Nadu, India |
| N K Sharma Enterprises Private Limited | ₹53.58 Cr (FY 2025) | •••• | •••• | 160.0% | •••• | Patiala, Punjab, India |
| Dwellings Star Developers Private Limited | ₹53.54 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Noida, Uttar Pradesh, India |
| Alliance Spaces Private Limited this company | ₹53.53 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Mumbai, Maharashtra, India |
| Primebuild Developers and Farms Private Limited | ₹53.51 Cr (FY 2022) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Ag8 Ventures Limited | ₹53.47 Cr (FY 2018) | •••• | •••• | -61.0% | •••• | Bhopal, Madhya Pradesh, India |
| Ambika Realcon Developers Private Limited | ₹53.45 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | New Delhi, Delhi, India |
| Neil Builders Private Limited | ₹53.44 Cr (FY 2025) | •••• | •••• | 2178.0% | •••• | New Delhi, Delhi, India |
| Tree Hill Estates Private Limited | ₹53.41 Cr (FY 2025) | •••• | •••• | -53.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Alliance Spaces by revenue in the Real Estate industry (Builders and Developers), 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 Alliance Spaces Private Limited
Alliance Spaces Private Limited is audited by A. M. Ghelani & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A. M. Ghelani & 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.
Board of Directors of Alliance Spaces Private Limited
Alliance Spaces has 4 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Jain Also directs: Vamona Developers Private Limited, Offbeat Developers Private Limited, Graceworks Realty & Leisure Private Limited and 5 more | Director | 22 Nov 2022 | 3 Years 10 Months | Current |
| Bhavesh Manilal Gada | Director | 29 Aug 2024 | 2 Years 1 Months | Current |
| Shweta Pradeep Vyas Also directs: Island Star Mall Developers Private Limited, Vamona Developers Private Limited, Offbeat Developers Private Limited and 4 more | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Ashish Ramkrishna Patel | Managing Director | 12 Jul 2024 | 2 Years 3 Months | Current |
Ownership and Shareholding of Alliance Spaces 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 Alliance Spaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Sep 2021 | Others | ₹75 Cr | Open |
| 27 Feb 2019 | The Hongkong and Shanghai Banking Corporation Limited | ₹75 Cr | Satisfied |
| 14 Nov 2018 | The Hongkong and Shanghai Banking Corporation Limited | ₹1.64 Cr | Satisfied |
| 12 Nov 2013 | Idbi Trusteeship Services Limited | ₹90 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Alliance Spaces Private Limited
Alliance Spaces Private Limited has 21 deals on record (9 secondary share transfers, 6 funding rounds, 4 debt financings), with disclosed funding of ₹449.26 Cr; the latest was in December 2022.
Deals on record (5 of 21)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2019 | Debt financing | ₹85 Cr | Investors: Vamona Developers Private Limited |
| Apr 2018 | Debt financing | ₹74.25 Cr | Investors: Vamona Developers Private Limited |
| Nov 2017 | Debt financing | ₹15.42 Cr | Investors: Vamona Developers Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: K2A Hospitality Limited |
| Jan 2017 | Debt financing | ₹89.7 Cr | Investors: Vamona Developers Private Limited , The Phoenix Mills Limited |
Full deal history
All 21 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Alliance Spaces Private Limited
Alliance Spaces Private Limited has 9 court cases on record: 1 filed by Alliance Spaces, 8 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 6 | 0 |
| District courts | 2 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, New Delhi | Court case (Caveat) | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Maharashtra Bio Fertilizers India Pvt. Ltd | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -6 | Disposed |
Full case history
All 9 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Alliance Spaces Private Limited
Alliance Spaces Private Limited has 6 MSME Form 1 returns on record between 2020 and 2023, listing 6 overdue payments to 3 micro and small suppliers. 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ebaco India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Alliance Spaces Private Limited
Alliance Spaces Private Limited has a workforce of 7 employees as of Apr 02, 2024.
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 Alliance Spaces Private Limited
Alliance Spaces Private Limited has 40 board changes on record since 2007: 4 appointments and 36 cessations. The latest: Ashwin Rikhabraj Singhvi ceased to be Additional Director on 11 Sep 2024.
39 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Alliance Spaces 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.
Subsidiaries & Group Companies of Alliance Spaces 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 Alliance Spaces Private Limited
Alliance Spaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA2687Q1ZY | 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 Alliance Spaces 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 Alliance Spaces Private Limited
Alliance Spaces is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 23 March 2007 (19+ years old) and is registered under CIN U55101MH2007PTC169101.
Alliance Spaces reported revenue of ₹53.53 Cr for FY 2024 (up 52% YoY).
Alliance Spaces has 4 current directors:
- Ashish Ramkrishna Patel - Managing Director
- Lalit Jain - Director
- Bhavesh Manilal Gada - Director
- Shweta Pradeep Vyas - Director
Alliance Spaces reported a net profit of ₹8.9 Cr (net margin 16.6%) and EBITDA of ₹30.02 Cr (EBITDA margin 56.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Alliance Spaces is 46% over three years. In the latest year (FY 2024) revenue rose 52%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Alliance Spaces is 27AAGCA2687Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Alliance Spaces is U55101MH2007PTC169101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alliance Spaces has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the nclat.
Alliance Spaces was incorporated on 23 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Alliance Spaces has 21 deals on record (9 secondary share transfers, 6 funding rounds, 4 debt financings), with disclosed funding of ₹449.26 Cr; the latest was in December 2022.
The peers of Alliance Spaces by revenue are Sri Kubera Constructions Private Limited, Poonam Housecon Private Limited, Milecon IT Park 3B Private Limited, N K Sharma Enterprises Private Limited, Dwellings Star Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ashwin Rikhabraj Singhvi ceased to be Additional Director on 11 Sep 2024. Bhavesh Manilal Gada ceased to be Additional Director on 11 Sep 2024. Bhavesh Manilal Gada was appointed as Director on 29 Aug 2024. Alliance Spaces has 40 board changes on record in total.