- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0089880

About Graceworks Realty & Leisure Private Limited
Data last updated:
Graceworks Realty & Leisure Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 April 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC126232. Its GSTIN is 27AABCG2308P1ZH (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹10.07 Lakh. It is led by directors including Vineet Vaibhav (Managing Director) and Lalit Jain.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Phoenix Mills Premises 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2026, the company reported a revenue of ₹38.32 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.81 Cr (net margin 7.3%) and EBITDA of ₹17.72 Cr (EBITDA margin 46.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 14 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: The Phoenix Mills. As per MCA filings, the company has open charges of ₹110 Cr and satisfied charges of ₹977.5 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending. The company has 9 deals on record (4 secondary share transfers, 3 debt financings, 1 convertible or debt financing), with disclosed funding of ₹301.37 Cr; the latest was in March 2022. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 16 micro and small suppliers.
Graceworks Realty & Leisure Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0089880). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixparagonplaza.com.
Company details
Recognitions & Rankings of Graceworks Realty & Leisure
Contact details
Graceworks Realty & Leisure Private Limited's registered office is in Mumbai, Maharashtra. Its website is phoenixparagonplaza.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPhoenix Mills Premises 462 Senapati Bapat Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Graceworks Realty & Leisure 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
Brands
Graceworks Realty & Leisure operates one associated brand: The Phoenix Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for shopping hubs and retail environments. | phoenixparagonplaza.com |
Business activity
The main business activity of Graceworks Realty & Leisure is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Graceworks Realty & Leisure Private Limited, buy the company report.
Financials of Graceworks Realty & Leisure Private Limited
FY 2026 filings availableGraceworks Realty & Leisure Private Limited reported revenue of ₹38.32 Cr (up 5% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 5% growth in the latest year. EBITDA rose 1% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.32 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.81 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.2% | ||||
| Net Profit Margin | 7.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Graceworks Realty & Leisure Private Limited, buy the company report.
Board of directors of Graceworks Realty & Leisure Private Limited
Graceworks Realty & Leisure has 5 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Jain Also directs: Vamona Developers Private Limited, Alliance Spaces Private Limited, Offbeat Developers Private Limited and 5 more | Director | 04 Aug 2023 | 3 Years 3 Months | Current |
| Shweta Pradeep Vyas Also directs: Island Star Mall Developers Private Limited, Vamona Developers Private Limited, Alliance Spaces Private Limited and 4 more | Director | 30 Mar 2024 | 2 Years 7 Months | Current |
| Prashant Shriram Khandelwal Also directs: Pallazzio Hotels & Leisure Limited, Upal Developers Private Limited, Mugwort Land Holdings Private Limited and 5 more | Director | 15 Jul 2024 | 2 Years 4 Months | Current |
| Vineet Vaibhav Also directs: Orcus Realty Limited, Shanthi Chandran Enterprisers Private Limited, Dhanalakshmi Engineering Private Limited and 5 more | Managing Director | 18 Oct 2024 | 2 Years 0 Months | Current |
| Khorezad Homi Dordi | Director | 24 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Graceworks Realty & Leisure Private Limited is audited by B S R & Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2026 | 101248W/W-100022 |
Shareholding
The shareholding of Graceworks Realty & Leisure Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Graceworks Realty & Leisure Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2023 | 100810514 | Others | ₹110 Cr | Open | |
| 07 Mar 2017 | 100082787 | Idbi Trusteeship Services Limited | ₹125 Cr | Satisfied | |
| 05 Mar 2014 | 10483781 | Indusind Bank Ltd. | ₹185 Cr | Satisfied | |
| 30 Dec 2011 | 10327269 | Il & Fs Trust Company Limited | ₹150 Cr | Satisfied | |
| 24 Mar 2009 | 10155823 | Punjab National Bank | ₹195 Cr | Satisfied |
To see the full charge records of Graceworks Realty & Leisure Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Graceworks Realty & Leisure Private Limited has 9 deals on record (4 secondary share transfers, 3 debt financings, 1 convertible or debt financing), with disclosed funding of ₹301.37 Cr; the latest was in March 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: Phoenix Hospitality Company Private Limited |
| Oct 2018 | Debt financing | ₹43.85 Cr | Investors: The Phoenix Mills Limited |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited Seller: HBS Realtors Private Limited |
| Oct 2016 | Debt financing | ₹76.5 Cr | Investors: The Phoenix Mills Limited |
| Mar 2015 | Debt financing | ₹7.78 Cr | Investors: Market City Resources Private Limited , Palladium Constructions Private Limited |
To see the full deal history of Graceworks Realty & Leisure Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Graceworks Realty & Leisure Private Limited has 5 court cases on record: 2 filed by Graceworks Realty & Leisure, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (COMSS) | Filed against the company by M/S. Dynamix Realty | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by M/S. Dynamix Realty | Disposed |
| Bombay High Court | Court case (PIL) | Filed against the company | Disposed |
To see the full case history of Graceworks Realty & Leisure 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.
Credit ratings & regulatory alerts
Graceworks Realty & Leisure Private Limited was last rated by Brickwork on 28 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Mar 2020 |
To see the full credit ratings and regulatory alerts of Graceworks Realty & Leisure Private Limited, buy the company report.
MSME payment delays
Graceworks Realty & Leisure Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Modern Veer Rays Security Force (India) Pvt Ltd | |||
| Airtalk Solutions and Services Private Limited | |||
| Sis Drainage Work | |||
| an individual supplier |
To see the full MSME payment records of Graceworks Realty & Leisure Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Graceworks Realty & Leisure has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Thoth Mall and Commercial Real Estate Private Limited | U70109MH2022PTC377897 |
To see the full group structure of Graceworks Realty & Leisure Private Limited, buy the company report.
GST
Graceworks Realty & Leisure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG2308P1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Graceworks Realty & Leisure Private Limited, buy the company report.
Recent activity
Graceworks Realty & Leisure Private Limited has 30 board changes on record since 2009: 5 appointments and 25 cessations. The latest: Khorezad Homi Dordi ceased to be Additional Director on 02 Sep 2025.
35 earlier events are in the company report.
Frequently asked questions
Graceworks Realty & Leisure 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 2000 (26+ years old) and is registered under CIN U72900MH2000PTC126232.
Graceworks Realty & Leisure has 5 current directors:
- Vineet Vaibhav - Managing Director
- Lalit Jain - Director
- Shweta Pradeep Vyas - Director
- Prashant Shriram Khandelwal - Director
- Khorezad Homi Dordi - Director
The latest financial statements of Graceworks Realty & Leisure on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 03 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Graceworks Realty & Leisure is 27AABCG2308P1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Graceworks Realty & Leisure is U72900MH2000PTC126232. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Graceworks Realty & Leisure has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending.
Graceworks Realty & Leisure was incorporated on 28 April 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Graceworks Realty & Leisure has 9 deals on record (4 secondary share transfers, 3 debt financings, 1 convertible or debt financing), with disclosed funding of ₹301.37 Cr; the latest was in March 2022.
Khorezad Homi Dordi ceased to be Additional Director on 02 Sep 2025. Khorezad Homi Dordi was appointed as Director on 24 Jun 2025. Kushagra Sharad Chaturvedi ceased to be Additional Director on 28 Feb 2025. Graceworks Realty & Leisure has 30 board changes on record in total.
Yes, Graceworks Realty & Leisure is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0089880).
Graceworks Realty & Leisure has 11 MSME Form 1 returns on record between 2019 and 2024, listing 50 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2024.

