MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0122302
Firstlight Properties Private Limited
Firstlight Properties Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹115.51 Cr
▲ 36% YoY
Net profit · FY 2025
₹2.89 Cr
Net margin 2.5%
EBITDA · FY 2025
₹12.52 Cr
EBITDA margin 10.8%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹7 Lakh
Issued & subscribed
Open charges
₹85 Cr
Satisfied ₹110 Cr
Company age
44 yrs
Est. 1982
Employees · EPFO
29
Provident fund records
About Firstlight Properties Private Limited
Data last updated:
Firstlight 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 September 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1982PTC028164. Its GSTIN is 27AAACS7947P1ZJ (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7 Lakh. It was formerly known as Sumer Builders Pvt Ltd. It is led by directors including Manish Sohanraj Bafna and Palash Bharat Shah.
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 ₹115.51 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹2.89 Cr (net margin 2.5%) and EBITDA of ₹12.52 Cr (EBITDA margin 10.8%). Revenue has grown at a compounded annual rate (CAGR) of 542% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹85 Cr and satisfied charges of ₹110 Cr on record. Court records list 128 cases involving the company, including 90 filed by the company and 38 filed against it; 10 cases are pending. The company has 1 deal on record (1 debt financing), with disclosed funding of ₹30 Cr; the latest was in November 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is R Karunanidhe Constructions Private Limited with revenue of ₹115.67 Cr.
Firstlight Properties Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0122302). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U45200MH1982PTC028164
Registration Number 028164
Incorporation Date 06 September 1982
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0122302
Key People
Manish Sohanraj Bafna Director Palash Bharat Shah Director Bharat Kishormal Shah Director Recognitions & Rankings of Firstlight Properties
Contact details
Firstlight 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 Address82 8th Floor Free Press House 215 Free Press Journal Marg Nariman Poi, Nt, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Firstlight Properties Private Limited, buy the company report.
Comprehensive company report
Firstlight Properties Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Firstlight Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Firstlight Properties Private Limited, buy the company report.
Financials of Firstlight Properties Private Limited
FY 2025 filings availableFirstlight Properties Private Limited reported revenue of ₹115.51 Cr (up 36% YoY) for FY 2025.
Revenue · FY 2025
₹115.51 Cr ▲ 36%
Net profit · FY 2025
₹2.89 Cr margin 2.5%
EBITDA · FY 2025
₹12.52 Cr margin 10.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
5 years · compounded
▲ 542%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 350%
5 years · compounded
▲ 188%
Revenue has grown at a compounded annual rate (CAGR) of 542% over five years, including 36% growth in the latest year. EBITDA rose 24% 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 | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.89 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | 2.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Firstlight Properties Private Limited, buy the company report.
Board of directors of Firstlight Properties Private Limited
Firstlight Properties has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Sohanraj Bafna Also directs: Siddharth Hospitality LLP, Siddharth Housing Private Limited, Siddharth Greenacres Private Limited and 2 more | Director | 14 Jan 2016 | 10 Years 9 Months | Current |
| Palash Bharat Shah | Director | 03 Dec 2020 | 5 Years 11 Months | Current |
| Bharat Kishormal Shah | Director | 11 Feb 2013 | 13 Years 9 Months | Current |
Peer comparison
Firstlight Properties Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R Karunanidhe Constructions Private Limited | ₹115.67 Cr (FY 2025) | 52.0% | Coimbatore, Tamil Nadu, India | |||
| Firstlight Properties Private Limitedthis company | ₹115.51 Cr (FY 2025) | ₹2.89 Cr | 2.5% | 36.0% | 29 | Mumbai, Maharashtra, India |
| Lotus Logistics and Developers Private Limited | ₹115.49 Cr (FY 2025) | -85.0% | Mumbai, Maharashtra, India | |||
| Tricon Buildwell Private Limited | ₹115.43 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Amar Prakaash Developerss Private Limited | ₹115.3 Cr (FY 2018) | -43.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Firstlight Properties Private Limited, buy the company report.
Auditor
Firstlight Properties Private Limited is audited by VINOD PATIL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD PATIL & ASSOCIATES | FY 2023 | 140538W |
Shareholding
The shareholding of Firstlight Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Firstlight Properties Private Limited, buy the company report.
Charges & borrowings
Open charges
₹85 Cr
Satisfied charges
₹110 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jan 2025 | 101110505 | Others | ₹85 Cr | Open | |
| 21 Jun 2022 | 100712565 | Others | ₹60 Cr | Satisfied | |
| 26 Mar 2013 | 10417424 | Central Bank of India | ₹50 Cr | Satisfied |
To see the full charge records of Firstlight Properties Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Firstlight Properties Private Limited has 1 deal on record (1 debt financing), with disclosed funding of ₹30 Cr; the latest was in November 2022.
Total deals
1
Debt financing
1
Disclosed funding
₹30 Cr
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Debt financing | ₹30 Cr | Investors: Certus Capital Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Firstlight Properties Private Limited has 128 court cases on record: 90 filed by Firstlight Properties, 38 filed against it. 10 cases are pending and 118 are disposed.
Total cases
128
Filed by the company
90
Filed against the company
38
Pending
10
Disposed
118
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 93 | 17 | 8 |
| District courts | 27 | 20 | 2 |
| Supreme Court | 8 | 1 | 0 |
Cases on record (5 of 128)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed by the company against Messrs. Camron Finance and Investments Pvt. Limited and 2 others | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Messers Camron Finance and Investments Pvt.Ltd and 2 others | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Avenue Supermarts Limited and 1 other | Disposed |
| Bombay High Court | Court case (NMA) | Filed by the company against Avenue Supermarts Limited and 1 other | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Sadhana Textiles Mills Pvt.Ltd., | Pending |
To see the full case history of Firstlight Properties 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 Firstlight Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Firstlight Properties Private Limited has a workforce of 29 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
29
Active EPFO establishments
1
Employee growth
26.1%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 29 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 |
To see the full employee and EPFO history of Firstlight Properties Private Limited, buy the company report.
GST
Firstlight Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7947P1ZJ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Firstlight Properties Private Limited, buy the company report.
Recent activity
Firstlight Properties Private Limited has 13 board changes on record since 1982: 8 appointments and 5 cessations. The latest: Palash Bharat Shah was appointed as Director on 03 Dec 2020.
AGM
Firstlight Properties Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 21 Jun 2022 via Charge ID 100712565 with Others was fully satisfied on 04 Apr 2025.
Filing
Firstlight Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 85.00 Cr with Charge ID 101110505 was registered on 17 Jan 2025.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 100712565 was registered on 21 Jun 2022.
Appointed
Palash Bharat Shah was appointed as Director.
Ceased
Manakchand H Loonkar ceased to be Director.
Ceased
Rahuul Shah ceased to be Director.
Ceased
Ramesh Sumermal Shah ceased to be Director.
Charges
A charge registered on 26 Mar 2013 via Charge ID 10417424 with Central Bank Of India was fully satisfied on 18 Mar 2016.
Appointed
Manish Sohanraj Bafna was appointed as Director.
Charges
A charge with Central Bank Of India amounted to Rs. 50.00 Cr with Charge ID 10417424 was registered on 26 Mar 2013.
9 earlier events are in the company report.
Frequently asked questions
Firstlight 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 September 1982 (44+ years old) and is registered under CIN U45200MH1982PTC028164.
Firstlight Properties has 3 current directors:
- Manish Sohanraj Bafna - Director
- Palash Bharat Shah - Director
- Bharat Kishormal Shah - Director
The latest financial statements of Firstlight Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Firstlight Properties is 27AAACS7947P1ZJ, 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 Firstlight Properties is U45200MH1982PTC028164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firstlight Properties has 128 court cases on record: 90 filed by the company and 38 filed against it. 10 are pending. Most are in the high courts.
Firstlight Properties was incorporated on 06 September 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Firstlight Properties has 1 deal on record (1 debt financing), with disclosed funding of ₹30 Cr; the latest was in November 2022.
The peers of Firstlight Properties by revenue are R Karunanidhe Constructions Private Limited, Lotus Logistics and Developers Private Limited, Tricon Buildwell Private Limited, Amar Prakaash Developerss Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Palash Bharat Shah was appointed as Director on 03 Dec 2020. Manakchand H Loonkar ceased to be Director on 20 Sep 2018. Rahuul Shah ceased to be Director on 20 Sep 2018. Firstlight Properties has 13 board changes on record in total.
Yes, Firstlight Properties is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0122302).
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