- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0220177

About Arrive Business Spaces Private Limited
Data last updated:
Arrive Business Spaces Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 09 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51228MH2007PTC172992. Its GSTIN is 27AAFCM2153E3ZP (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Mc Millan Agencies Private Limited. It is led by directors Deepak Laxmichand Badlani (Managing Director) and Reshma Badlani Laxmichand.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.53 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹73,028 (net margin 13.2%) and EBITDA of ₹1.01 Lakh (EBITDA margin 18.3%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹26.5 Cr and satisfied charges of ₹47.25 Cr on record. Court records list 23 cases involving the company, including 23 filed by the company; 3 cases are pending.
Arrive Business Spaces Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0220177). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lrbgroup.in.
Company details
Recognitions & Rankings of Arrive Business Spaces
Contact details
Arrive Business Spaces Private Limited's registered office is in Mumbai, Maharashtra. Its website is lrbgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address402 Brahans Business Park Mahal Industrial Estat Off. Mahakali Caves Road Andheri (E), Mumbai, Maharashtra, India – 400093
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Arrive Business Spaces 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 Arrive Business Spaces Private Limited
FY 2024 filings availableArrive Business Spaces Private Limited reported revenue of ₹5.53 Lakh (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 44% fall in the latest year. EBITDA fell 82% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.01 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹73,028 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 13.2% | ||||
| 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 Arrive Business Spaces Private Limited, buy the company report.
Board of directors of Arrive Business Spaces Private Limited
Arrive Business Spaces 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 |
|---|---|---|---|---|
| Deepak Laxmichand Badlani Also directs: Goldkrest Lifestyles Private Limited, Goldkrest Colognes Private Limited, Goldkrest Scents Private Limited and 5 more | Managing Director | 09 Aug 2007 | 19 Years 2 Months | Current |
| Reshma Badlani Laxmichand Also directs: Goldkrest Lifestyles Private Limited, Goldkrest Colognes Private Limited, Goldkrest Scents Private Limited and 5 more | Director | 29 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Arrive Business Spaces Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sumukha Krishna Private Limited | ₹5.59 Lakh (FY 2018) | 312.0% | Mangalore, Karnataka, India | |||
| Reliable Mercantile Private Limited | ₹5.56 Lakh (FY 2025) | 105.0% | Ghitorni, Delhi, India | |||
| Lambodar Nirmaan Pvt Ltd | ₹5.54 Lakh (FY 2024) | -9.0% | Kolkata, West Bengal, India | |||
| Arrive Business Spaces Private Limitedthis company | ₹5.53 Lakh (FY 2025) | ₹73,028 | 13.2% | -44.0% | Mumbai, Maharashtra, India | |
| Coldwell Realty Private Limited | ₹5.51 Lakh (FY 2024) | -83.0% | Mumbai, Maharashtra, India | |||
| NCL Green Habitats Private Limited | ₹5.5 Lakh (FY 2022) | -87.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Arrive Business Spaces Private Limited, buy the company report.
Auditor
Arrive Business Spaces Private Limited is audited by Jignesh J. Shah for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jignesh J. Shah | FY 2023 | 150124 |
Shareholding
The shareholding of Arrive Business Spaces Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Arrive Business Spaces Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jun 2025 | 101119193 | Indian Bank | ₹20 Cr | Open | |
| 31 Mar 2023 | 100697828 | Others | ₹3.25 Cr | Open | |
| 06 Mar 2023 | 100684866 | Others | ₹3.25 Cr | Open | |
| 02 May 2020 | 100356471 | Others | ₹19.8 Cr | Satisfied | |
| 20 May 2013 | 10428912 | Hdfc Bank Limited | ₹7 Cr | Satisfied |
To see the full charge records of Arrive Business Spaces Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Arrive Business Spaces Private Limited has 23 court cases on record: 23 filed by Arrive Business Spaces. 3 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 0 | 3 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Arrive Business Spaces Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Arrive Business Spaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arrive Business Spaces has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM2153E3ZP | Maharashtra | Active | 19 Jan 2023 |
To see the full GST registrations and return filing status of Arrive Business Spaces Private Limited, buy the company report.
Recent activity
Arrive Business Spaces Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Lakhmichand Roopchand Badlani ceased to be Director on 15 Oct 2010.
9 earlier events are in the company report.
Frequently asked questions
Arrive Business Spaces is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 09 August 2007 (19+ years old) and is registered under CIN U51228MH2007PTC172992.
Arrive Business Spaces has 2 current directors:
- Deepak Laxmichand Badlani - Managing Director
- Reshma Badlani Laxmichand - Director
The latest financial statements of Arrive Business Spaces on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Arrive Business Spaces is 27AAFCM2153E3ZP, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Arrive Business Spaces is U51228MH2007PTC172992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arrive Business Spaces has 23 court cases on record: 23 filed by the company. 3 are pending.
Arrive Business Spaces was incorporated on 09 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Arrive Business Spaces by revenue are Sumukha Krishna Private Limited, Reliable Mercantile Private Limited, Lambodar Nirmaan Pvt Ltd, Coldwell Realty Private Limited, NCL Green Habitats Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Lakhmichand Roopchand Badlani ceased to be Director on 15 Oct 2010. Reshma Badlani Laxmichand ceased to be Additional Director on 30 Sep 2010. Reshma Badlani Laxmichand was appointed as Director on 29 Apr 2010. Arrive Business Spaces has 5 board changes on record in total.
Yes, Arrive Business Spaces is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0220177).
Arrive Business Spaces can be reached through the website lrbgroup.in. Its registered office is in Mumbai, Maharashtra, India.