Independence Properties Private Limited
About Independence Properties Private Limited
Data last updated:
Independence Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PTC151063.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vadilal Malshi Dedhia and Jagruti Vadilal Dedhia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at R.No18 9/12 Ghaswala Compmandheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.4 Lakh. For the same year it recorded a net profit of ₹5.89 Lakh (net margin 33.8%) and EBITDA of ₹5.89 Lakh (EBITDA margin 33.8%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years.
As per MCA filings, the company has open charges of ₹3.35 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressR.No18 9/12 Ghaswala Compmandheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Independence Properties Private Limited
The main business activity of Independence Properties is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | 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 Independence Properties Private Limited FY 2025 filings available
Independence Properties Private Limited reported revenue of ₹17.4 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Independence Properties Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over three years. EBITDA rose 154% 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 Independence Properties Private 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 | ₹5.89 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.89 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 of Independence Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 33.8% | •••• | •••• | •••• | •••• |
| 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 Independence Properties 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 Independence Properties Private Limited
Independence Properties Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SRS Structures Private Limited | ₹17.47 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Eleora Electricals (India) Private Limited | ₹17.47 Lakh (FY 2024) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Navketan Developers Private Limited | ₹17.42 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
| Chandarmila Construction Private Limited | ₹17.42 Lakh (FY 2025) | •••• | •••• | •••• | Paterhi Belsar, Bihar, India | |
| Carewell Wareshousers Private Limited | ₹17.41 Lakh (FY 2022) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| Independence Properties Private Limited this company | ₹17.4 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Yojna Builders Private Limited | ₹17.4 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Delhi, India |
| Amaatra Developers Private Limited | ₹17.4 Lakh (FY 2022) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Vehen Infratech Developers Private Limited | ₹17.39 Lakh (FY 2021) | •••• | •••• | -3.0% | •••• | Delhi, India |
| Richvi Constructions Private Limited | ₹17.39 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| Opg Constructions Private Limited | ₹17.38 Lakh (FY 2025) | •••• | •••• | •••• | Dibrugarh, Assam, India |
Peers are the five companies nearest above and the five nearest below Independence Properties by revenue in the Infrastructure industry (Construction Services), 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 Independence Properties Private Limited
Independence Properties Private Limited is audited by HEMANT GOYAL & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HEMANT GOYAL & 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 Independence Properties Private Limited
Independence Properties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadilal Malshi Dedhia | Director | 15 Feb 2005 | 21 Years 7 Months | Current |
| Jagruti Vadilal Dedhia Also directs: Freedom Retail Private Limited, J V D Properties Private Limited | Director | 15 Oct 2011 | 14 Years 11 Months | Current |
Ownership and Shareholding of Independence Properties Private 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 Independence Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Oct 2013 | Development Credit Bank Limited | ₹2.35 Cr | Open |
| 13 Jul 2005 | The Cosmos Co-Op; Bank Ltd. Co- Op. Bank Ltd | ₹1 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Independence Properties Private Limited
Independence Properties Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAD) | Filed against the company by an individual | Disposed |
Full case history
All 1 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 Independence Properties Private Limited
Employment history and EPFO contributions of people linked to Independence Properties.
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.
Recent Activity on Independence Properties Private Limited
Independence Properties Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Malshibhai Bachu Shah ceased to be Director on 10 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Independence Properties Private 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 Independence Properties Private 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 Independence Properties Private 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 Independence Properties Private Limited
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 Independence Properties Private 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 Independence Properties Private Limited
Independence Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 February 2005 (21+ years old) and is registered under CIN U70100MH2005PTC151063.
Independence Properties reported revenue of ₹17.4 Lakh for FY 2025.
Independence Properties has 2 current directors:
- Vadilal Malshi Dedhia - Director
- Jagruti Vadilal Dedhia - Director
Independence Properties reported a net profit of ₹5.89 Lakh (net margin 33.8%) and EBITDA of ₹5.89 Lakh (EBITDA margin 33.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Independence Properties is 27% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Independence Properties is U70100MH2005PTC151063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Independence Properties has 1 court case on record: 1 filed against it.
Independence Properties was incorporated on 07 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Independence Properties by revenue are SRS Structures Private Limited, Eleora Electricals (India) Private Limited, Navketan Developers Private Limited, Chandarmila Construction Private Limited, Carewell Wareshousers Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Malshibhai Bachu Shah ceased to be Director on 10 Sep 2015. Jagruti Vadilal Dedhia was appointed as Director on 15 Oct 2011. Vadilal Malshi Dedhia was appointed as Director on 15 Feb 2005.
The registered office of Independence Properties is at R.No18 912 Ghaswala Compmandheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400069.