Candescent Properties Private Limited
About Candescent Properties Private Limited
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Candescent Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2022PTC380056.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹21.05 Cr. It is led by directors Parind Badshah Chandrakant and Sidhant Vijaykumar Jatia.
Its last annual general meeting (AGM) was held on 26 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flrg2 Plt61 Victor House Anx K Khadye Rd Mahalaxmi Brdg Sat Rasta Jacob Circle, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.07 Lakh. For the same year it recorded a net loss of ₹6.81 Lakh (net margin -112.3%) and EBITDA of -₹5.31 Lakh (EBITDA margin -87.6%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Candescent Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlrg2 Plt61 Victor House Anx K Khadye Rd Mahalaxmi Brdg Sat Rasta Jacob Circle, Mumbai, Maharashtra, India – 400011
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Candescent Properties 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 Candescent Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Candescent Properties Private Limited
FY 2025 filings availableCandescent Properties Private Limited reported revenue of ₹6.07 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹6.07 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹5.31 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹6.81 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 |
|---|---|
| Profitability | |
| EBITDA Margin | -87.6% |
| Net Profit Margin | -112.3% |
| 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 Candescent Properties Private Limited, buy the company report.
Board of directors of Candescent Properties Private Limited
Candescent Properties has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parind Badshah Chandrakant | Director | 06 Apr 2022 | 4 Years 6 Months | Current |
| Sidhant Vijaykumar Jatia | Director | 06 Apr 2022 | 4 Years 6 Months | Current |
Auditor
Candescent Properties Private Limited is audited by M L SHARMA AND COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M L SHARMA AND COMPANY | FY 2023 | 109963W |
Shareholding
The shareholding of Candescent Properties Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Candescent Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Candescent Properties 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 Candescent Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Candescent Properties Private Limited has 1 active EPFO establishment as of Apr 11, 2024.
GST
No GST registration is on our record for Candescent Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Candescent Properties Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Parind Badshah Chandrakant was appointed as Director on 06 Apr 2022.
Frequently asked questions
Candescent Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 April 2022 (4+ years old) and is registered under CIN U70109MH2022PTC380056.
Candescent Properties has 2 current directors:
- Parind Badshah Chandrakant - Director
- Sidhant Vijaykumar Jatia - Director
The latest financial statements of Candescent Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 August 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Candescent Properties is U70109MH2022PTC380056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Candescent Properties was incorporated on 06 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Parind Badshah Chandrakant was appointed as Director on 06 Apr 2022. Sidhant Vijaykumar Jatia was appointed as Director on 06 Apr 2022.
The registered office of Candescent Properties is at Flrg2 Plt61 Victor House Anx K Khadye Rd Mahalaxmi Brdg Sat Rasta Jacob Circle, Mumbai, Maharashtra, India – 400011.
Candescent Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Candescent Properties is compliant as of 02 September 2026. The company is actively filing with the Registrar of Companies.
Candescent Properties can be reached at its registered office: Flrg2 Plt61 Victor House Anx K Khadye Rd Mahalaxmi Brdg Sat Rasta Jacob Circle, Mumbai, Maharashtra, India – 400011.