JLS Realty Private Limited
About JLS Realty Private Limited
Data last updated:
JLS Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Idbi Trusteeship Services Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2008PTC179591. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹4.88 Cr and a paid-up capital of ₹3.97 Cr. It is led by directors including Dhiren Mahendra Shah and Prashant Chandrakant Dhongadi.
Its last annual general meeting (AGM) was held on 25 March 2022, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.18 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹30.1 Lakh (net margin -269.3%) and EBITDA of -₹23.41 Lakh (EBITDA margin -209.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹104 Cr on record. Court records list 86 cases involving the company, including 29 filed by the company and 58 filed against it; 33 cases are pending. The company has 13 deals on record (5 convertible or debt financings, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹53.28 Cr; the latest was in May 2016.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
JLS Realty Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBs – 3 Kamdar Chs Tejpal Road Opposite Railway Station Vile Parle (Eas, T), Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of JLS Realty 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 JLS Realty is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
Financials of JLS Realty Private Limited
FY 2021 filings availableJLS Realty Private Limited reported revenue of ₹11.18 Lakh (down 50% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 50% fall in the latest year. EBITDA rose 43% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.18 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹23.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹30.1 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -209.4% | ||||
| Net Profit Margin | -269.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of JLS Realty Private Limited, buy the company report.
Board of directors of JLS Realty Private Limited
JLS Realty 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 |
|---|---|---|---|---|
| Dhiren Mahendra Shah | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
| Prashant Chandrakant Dhongadi | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
| Rajat Jhunjhunwala | Director | 23 May 2016 | 10 Years 4 Months | Current |
Auditor
JLS Realty Private Limited is audited by HRJ & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HRJ & ASSOCIATES | FY 2021 | 138235W |
Shareholding
The shareholding of JLS Realty Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JLS Realty Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2015 | 10571197 | India Infoline Finance Limited | ₹34 Cr | Open | |
| 22 Sep 2014 | 10554833 | India Infoline Housing Finance Limited | ₹30 Cr | Open | |
| 30 Sep 2013 | 10628467 | India Infoline Housing Finance Limited | ₹40 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
JLS Realty Private Limited has 13 deals on record (5 convertible or debt financings, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹53.28 Cr; the latest was in May 2016.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Acquisition | ₹24.48 Cr | Buyer: Shajas Developers Private Limited Seller: Meshulam Levinstein Contracting & Engineering Ltd, Lev India Private Limited , Grand Bay South Asia Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Isarnan Impex Private Limited |
| Aug 2013 | Funding round | ₹5.67 Cr | Investors: Lev India Private Limited , Shajas Developers Private Limited , Grand Bay South Asia Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Shajas Developers Private Limited Seller: Jasani Realty Private Limited , an individual |
| Sep 2010 | Funding round | ₹4.8 Cr | Investors: Lev India Private Limited , Shajas Developers Private Limited |
To see the full deal history of JLS Realty 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
JLS Realty Private Limited has 86 court cases on record: 29 filed by JLS Realty, 58 filed against it. 33 cases are pending and 53 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 35 | 24 |
| High courts | 34 | 9 | 4 |
| NCLAT | 13 | 13 | 5 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 86)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Moniveda Consultants LLP and Anr | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Spanhaus Traders LLP | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Moniveda Consultants LLP and Anr and 1 other | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Spanhaus Traders LLP | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed against the company by Vijaypath Management Pvt. Ltd. | Pending |
To see the full case history of JLS Realty 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 JLS Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
JLS Realty has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of JLS Realty Private Limited, buy the company report.
Recent activity
JLS Realty Private Limited has 21 board changes on record since 2008: 12 appointments and 9 cessations. The latest: Mohammed Shahid ceased to be Director on 03 Jun 2022.
15 earlier events are in the company report.
Frequently asked questions
JLS Realty 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 29 February 2008 (18+ years old) and is registered under CIN U45400MH2008PTC179591.
JLS Realty has 3 current directors:
- Dhiren Mahendra Shah - Director
- Prashant Chandrakant Dhongadi - Director
- Rajat Jhunjhunwala - Director
The latest financial statements of JLS Realty on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 March 2022. Year-wise statements from 2015 are in the company report.
No. JLS Realty has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of JLS Realty is U45400MH2008PTC179591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JLS Realty has 86 court cases on record: 29 filed by the company and 58 filed against it. 33 are pending. Most are in the district courts.
JLS Realty was incorporated on 29 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
JLS Realty has 13 deals on record (5 convertible or debt financings, 4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹53.28 Cr; the latest was in May 2016.
Mohammed Shahid ceased to be Director on 03 Jun 2022. Mamta Digvijay Singh ceased to be Director on 30 Mar 2022. Dhiren Mahendra Shah was appointed as Director on 11 Mar 2022. JLS Realty has 21 board changes on record in total.
The registered office of JLS Realty is at Bs – 3 Kamdar Chs Tejpal Road Opposite Railway Station Vile Parle Eas, T, Mumbai, Maharashtra, India – 400057.