About Kanakia Residential Private Limited
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Kanakia Residential Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Kanakia Spaces Realty Private Limited. It operates in the building construction segment of the construction sector. It was incorporated on 06 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2010PTC207453. Its GSTIN is 27AAECK1950C1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Bhadresh Labhshankar Joshi and Vivek Shailen Bhutta.
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 2024, the company reported a revenue of ₹5.94 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹90.52 Lakh and EBITDA of -₹90.52 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹175 Cr and satisfied charges of ₹339.14 Cr on record. Court records list 13 cases involving the company, including 13 filed against it; 3 cases are pending. The company has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in December 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanakia.com.
Company details
Contact details
Kanakia Residential Private Limited's registered office is in Mumbai, Maharashtra. Its website is kanakia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA Wing Ground Floor Vilco Centre, Subhash Road Opp Garware, Mumbai, Maharashtra, India – 400057
- IndustryConstruction, Buildings
To see the full contact details of Kanakia Residential 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 Kanakia Residential 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 Kanakia Residential Private Limited, buy the company report.
Financials of Kanakia Residential Private Limited
FY 2025 filings availableKanakia Residential Private Limited reported revenue of ₹5.94 Lakh (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 99% fall in the latest year. EBITDA fell 66% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹90.52 Lakh | ||||
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| Net Profit (PAT) | -₹90.52 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Kanakia Residential Private Limited, buy the company report.
Board of directors of Kanakia Residential Private Limited
Kanakia Residential has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhadresh Labhshankar Joshi Also directs: Kanakia Housing Private Limited, Vrusti Builders Private Limited, Bhagmati Constructions Private Limited and 5 more | Director | 18 Apr 2023 | 3 Years 6 Months | Current |
| Vivek Shailen Bhutta Also directs: Kanakia Housing Private Limited, Vrusti Builders Private Limited, Kashtamandup Constructions Private Limited and 5 more | Director | 04 Apr 2023 | 3 Years 7 Months | Current |
Auditor
Kanakia Residential Private Limited is audited by A J KANAKIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J KANAKIA & CO | FY 2020 | 104701W |
Shareholding
The shareholding of Kanakia Residential Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kanakia Residential Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2015 | 10600668 | Icici Bank Limited | ₹175 Cr | Open | |
| 20 Dec 2014 | 10540378 | Il & Fs Trust Company Limited | ₹130 Cr | Satisfied | |
| 31 Jan 2013 | 10406935 | Il & Fs Trust Company Limited | ₹130 Cr | Satisfied | |
| 31 Jan 2013 | 10407535 | Il & Fs Trust Company Limited | ₹70 Cr | Satisfied | |
| 12 Oct 2012 | 10385908 | Srei Equipment Finance Private Limited | ₹2 Cr | Satisfied |
To see the full charge records of Kanakia Residential Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Kanakia Residential Private Limited has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in December 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: Kanakia Spaces Realty Private Limited Seller: Heightlon Limited, M Mehta Pension Scheme |
| Dec 2011 | Acquisition | Undisclosed | Buyer: Kanakia Spaces Realty Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kanakia Residential Private Limited has 13 court cases on record: 13 filed against it. 3 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 9 | 3 |
| District courts | 4 | 4 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Schindler India Private Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Aarts Module International Pvt. Ltd. | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| Bombay High Court | Court case (CHSW) | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed against the company by Rainforest Residents Co Op Housing Society Ltd | Disposed |
To see the full case history of Kanakia Residential 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 Kanakia Residential Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Kanakia Residential Private Limited has 1 active EPFO establishment as of Mar 22, 2024.
GST
Kanakia Residential has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECK1950C1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kanakia Residential Private Limited, buy the company report.
Recent activity
Kanakia Residential Private Limited has 7 board changes on record since 2023: 2 appointments and 5 cessations. The latest: Bhadresh Labhshankar Joshi ceased to be Additional Director on 02 Oct 2023.
11 earlier events are in the company report.
News
Frequently asked questions
Kanakia Residential is an active private limited company based in Mumbai, Maharashtra, India. The company works in buildings, within the construction industry. It was incorporated on 06 September 2010 (16+ years old) and is registered under CIN U45400MH2010PTC207453.
Kanakia Residential has 2 current directors:
- Bhadresh Labhshankar Joshi - Director
- Vivek Shailen Bhutta - Director
The latest financial statements of Kanakia Residential 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 Kanakia Residential is 27AAECK1950C1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kanakia Residential is U45400MH2010PTC207453. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanakia Residential has 13 court cases on record: 13 filed against it. 3 are pending. Most are in the high courts.
Kanakia Residential was incorporated on 06 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Kanakia Residential has 2 deals on record (1 acquisition, 1 secondary share transfer); the latest was in December 2017.
Bhadresh Labhshankar Joshi ceased to be Additional Director on 02 Oct 2023. Vivek Shailen Bhutta ceased to be Additional Director on 02 Oct 2023. Sunilkumar Vishnukumar Agarwal ceased to be Additional Director on 20 Apr 2023. Kanakia Residential has 7 board changes on record in total.
Kanakia Residential can be reached through the website kanakia.com. Its registered office is in Mumbai, Maharashtra, India.
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