About Chetak Lifespace Private Limited
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Chetak Lifespace 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 28 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2009PTC192091. Its GSTIN is 27AADCC6563C2ZS (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.98 Cr. It is led by directors Manohar Kodarbhai Rathod and Hiren Ashwin Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 102 Pl 899/F Corporate Arena Piramal Nagar Road Behind Mahendra Gardens Goregaon (West), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2019, the company reported a revenue of ₹35.87 Lakh, a decline of 97% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Lakh (net margin 5.6%) and EBITDA of ₹7.12 Lakh (EBITDA margin 19.9%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹20 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chetaklifespace.com.
Company details
Contact details
Chetak Lifespace Private Limited's registered office is in Mumbai, Maharashtra. Its website is chetaklifespace.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address102 Pl 899/F Corporate Arena Piramal Nagar Road Behind Mahendra Gardens Goregaon (West), Mumbai, Maharashtra, India – 400062
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Chetak Lifespace 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 Chetak Lifespace 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 |
To see the full business activity and turnover split of Chetak Lifespace Private Limited, buy the company report.
Financials of Chetak Lifespace Private Limited
FY 2019 filings availableChetak Lifespace Private Limited reported revenue of ₹35.87 Lakh (down 97% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 97% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹35.87 Lakh | ||||
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| EBITDA | ₹7.12 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹2.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Chetak Lifespace Private Limited, buy the company report.
Board of directors of Chetak Lifespace Private Limited
Chetak Lifespace has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manohar Kodarbhai Rathod | Director | 09 Apr 2019 | 7 Years 6 Months | Current |
| Hiren Ashwin Shah | Director | 28 Apr 2009 | 17 Years 5 Months | Current |
Auditor
Chetak Lifespace Private Limited is audited by K S SUBRAHMANYAM & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K S SUBRAHMANYAM & CO | FY 2019 | 017461S |
Shareholding
The shareholding of Chetak Lifespace Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Chetak Lifespace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2014 | 10476106 | Bank of India | ₹20 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Chetak Lifespace Private Limited has 11 court cases on record: 11 filed against it. 3 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 2 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Dewan Housing Finance Corporation Ltd | Disposed |
| Bombay High Court | Company petition | Filed against the company by Dewan Housing Finance Corporation Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Dewan Housing Finance Corporation Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES W) | Filed against the company by an individual | Pending |
To see the full case history of Chetak Lifespace 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 Chetak Lifespace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chetak Lifespace has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC6563C2ZS | Maharashtra | Active | 08 Aug 2017 |
To see the full GST registrations and return filing status of Chetak Lifespace Private Limited, buy the company report.
Recent activity
Chetak Lifespace Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Krishnaprasad Narayanan Kurup ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Chetak Lifespace 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 28 April 2009 (17+ years old) and is registered under CIN U45200MH2009PTC192091.
Chetak Lifespace has 2 current directors:
- Manohar Kodarbhai Rathod - Director
- Hiren Ashwin Shah - Director
The latest financial statements of Chetak Lifespace on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Chetak Lifespace is 27AADCC6563C2ZS, 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 Chetak Lifespace is U45200MH2009PTC192091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chetak Lifespace has 11 court cases on record: 11 filed against it. 3 are pending. Most are in the district courts.
Chetak Lifespace was incorporated on 28 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Krishnaprasad Narayanan Kurup ceased to be Additional Director on 30 Sep 2019. Manohar Kodarbhai Rathod was appointed as Director on 09 Apr 2019. Ruchita Dipakbhai Modi ceased to be Director on 30 Mar 2019. Chetak Lifespace has 8 board changes on record in total.
Chetak Lifespace can be reached through the website chetaklifespace.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Chetak Lifespace is at 102 Pl 899F Corporate Arena Piramal Nagar Road Behind Mahendra Gardens Goregaon West, Mumbai, Maharashtra, India – 400062.