About Centrio Lifespaces Limited
Data last updated:
Centrio Lifespaces Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Mj Shah Realtors Llp. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2007PLC173246. Its GSTIN is 27AALCS1388K1ZR (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Satra Dlh Reality and Builders Limited and M J Shah Lifespaces Limited. It is led by directors including Nitin Pravinbhai Shah and Vasant Ratilal Doshi.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.92 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net loss of ₹8.81 Cr (net margin -10.8%) and EBITDA of -₹4.61 Cr (EBITDA margin -5.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 111% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹310.35 Cr on record. Court records list 40 cases involving the company, including 1 filed by the company and 25 filed against it; 29 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in February 2018. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Vital Construction Private Limited with revenue of ₹82.13 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website centrio.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address506 A – Wing Centrio Nx By Mj Shah, Cts No. 7 Pt P. L. Lokhande Marg Govandi, Mumbai, Maharashtra, India – 400043
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Centrio Lifespaces Limited
The main business activity of Centrio Lifespaces 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 Centrio Lifespaces Limited FY 2025 filings available
Centrio Lifespaces Limited reported revenue of ₹81.92 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Centrio Lifespaces Limited
Revenue has grown at a compounded annual rate (CAGR) of 111% over five years, including 31% growth in the latest year. EBITDA rose 77% 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 Centrio Lifespaces Limited
| 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 | -₹4.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8.81 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 Centrio Lifespaces Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -10.8% | •••• | •••• | •••• | •••• |
| 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 Centrio Lifespaces 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 Centrio Lifespaces Limited
Centrio Lifespaces 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 |
|---|---|---|---|---|---|---|
| Vital Construction Private Limited | ₹82.13 Cr (FY 2016) | •••• | •••• | 3.0% | •••• | Gurgaon, Haryana, India |
| Fest Homes Developers Private Limited | ₹82.13 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Noida, Uttar Pradesh, India |
| Smart Value Homes (Peenya Project) Private Limited | ₹82.04 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| Kailashpuri Buildtech Private Limited | ₹82.02 Cr (FY 2024) | •••• | •••• | 900.0% | •••• | New Delhi, Delhi, India |
| Ats Dreamzone Private Limited | ₹81.97 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Centrio Lifespaces Limited this company | ₹81.92 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mumbai, Maharashtra, India |
| VRB Dream Homes Private Limited | ₹81.89 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Jaipur, Rajasthan, India |
| Pyramid Propmoto Private Limited | ₹81.88 Cr (FY 2021) | •••• | •••• | 5427.0% | •••• | Gurugram, Haryana, India |
| NCC Vizag Urban Infrastructure Ltd | ₹81.87 Cr (FY 2025) | •••• | •••• | 2879.0% | •••• | Hyderabad, Telangana, India |
| Mudra Structures and Builders Private Limited | ₹81.71 Cr (FY 2025) | •••• | •••• | 27123.0% | •••• | Mumbai, Maharashtra, India |
| Salarpuria Housing Private Limited | ₹81.7 Cr (FY 2025) | •••• | •••• | -49.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Centrio Lifespaces 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 Centrio Lifespaces Limited
Centrio Lifespaces Limited is audited by Banshi Jain & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Banshi Jain & 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 Centrio Lifespaces Limited
Centrio Lifespaces has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Pravinbhai Shah Also directs: Satra Properties (India) Limited | Director | 26 May 2018 | 8 Years 4 Months | Current |
| Vasant Ratilal Doshi | Director | 13 Jun 2018 | 8 Years 3 Months | Current |
| Jignesh Pravinchandra Shah | Director | 16 Jan 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Centrio Lifespaces 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 Centrio Lifespaces Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2018 | Others | ₹160 Cr | Satisfied |
| 28 Sep 2016 | Others | ₹90 Cr | Satisfied |
| 12 Feb 2014 | Bmw India Financial Services Private Limited | ₹34.5 Lakh | Satisfied |
| 30 Nov 2013 | India Infoline Finance Limited | ₹60 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Centrio Lifespaces Limited
Centrio Lifespaces Limited has 2 deals on record (2 acquisitions); the latest was in February 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2018 | Acquisition | Undisclosed | Buyer: MJ Shah Realtors LLP Seller: Satra Property Developers Private Limited |
| Mar 2017 | Acquisition | Undisclosed | Buyer: MJ Shah Realtors LLP Seller: Satra Property Developers Private Limited |
Full deal history
All 2 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 Centrio Lifespaces Limited
Centrio Lifespaces Limited has 40 court cases on record: 1 filed by Centrio Lifespaces, 25 filed against it, 14 where it is another party. 29 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 25 | 24 | 15 |
| District courts | 14 | 0 | 14 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed by the company against C Bhansali Developers Private Limited and 2 others | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Rushabh Civil Contractors Private Limited | Pending |
| Supreme Court | Appeal | Filed against the company by Rushabh Civil Contractors Private Limited | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Anchor Leasing Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Anchor Leasing Private Limited | Pending |
Full case history
All 40 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.
Employees and EPFO Compliance at Centrio Lifespaces Limited
Employment history and EPFO contributions of people linked to Centrio Lifespaces.
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.
Name History of Centrio Lifespaces Limited
Centrio Lifespaces has undergone 8 name changes throughout its history. The current legal name is Centrio Lifespaces Limited.
| Company Name | Status |
|---|---|
| Centrio Lifespaces Limited | Current |
| Satra Dlh Reality And Builders Limited | Previous |
| M J Shah Lifespaces Limited | Previous |
| Mj Shah Lifespaces Limited | Previous |
| Satra Realty And Builders Limited | Previous |
| Mj Shah Buildcon Limited | Previous |
| Satra Reality And Builders Limited | Previous |
| Centrio Realty Limited | Previous |
Recent Activity on Centrio Lifespaces Limited
Centrio Lifespaces Limited has 21 board changes on record since 2007: 12 appointments and 9 cessations. The latest: Jagdish Vadilal Shah ceased to be Director on 01 Oct 2019.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Centrio Lifespaces 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 Centrio Lifespaces 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 Centrio Lifespaces 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 Centrio Lifespaces Limited
Centrio Lifespaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS1388K1ZR | 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 Centrio Lifespaces 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 Centrio Lifespaces Limited
Centrio Lifespaces is an active public 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 20 August 2007 (19+ years old) and is registered under CIN U45201MH2007PLC173246.
Centrio Lifespaces reported revenue of ₹81.92 Cr for FY 2025 (up 31% YoY).
Centrio Lifespaces has 3 current directors:
- Nitin Pravinbhai Shah - Director
- Vasant Ratilal Doshi - Director
- Jignesh Pravinchandra Shah - Director
Centrio Lifespaces reported a net loss of ₹8.81 Cr (net margin -10.8%) and EBITDA of -₹4.61 Cr (EBITDA margin -5.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Centrio Lifespaces is -12% over three years and 111% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Centrio Lifespaces is 27AALCS1388K1ZR, registered in Maharashtra.
The CIN (Corporate Identification Number) of Centrio Lifespaces is U45201MH2007PLC173246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Centrio Lifespaces has 40 court cases on record: 1 filed by the company and 25 filed against it. 29 are pending. Most are in the nclat.
Centrio Lifespaces was incorporated on 20 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Centrio Lifespaces has 2 deals on record (2 acquisitions); the latest was in February 2018.
The peers of Centrio Lifespaces by revenue are Vital Construction Private Limited, Fest Homes Developers Private Limited, Smart Value Homes (Peenya Project) Private Limited, Kailashpuri Buildtech Private Limited, Ats Dreamzone Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).