MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0098266
Keystone Lifespaces Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.94 Cr
▲ 9% YoY
Net profit · FY 2024
₹44.83 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹3.87 Cr
EBITDA margin 24.3%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.24 Cr
Issued & subscribed
Open charges
₹34.3 Cr
Satisfied ₹84.36 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
2
Provident fund records
About Keystone Lifespaces Private Limited
Data last updated:
Keystone Lifespaces 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 08 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2010PTC200636. Its GSTIN is 27AADCK9010E1ZT (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.24 Cr. It is led by directors Veerbhan Thanwarmal Bajaj and Sushil Srichand Dusseja.
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 1103 The Affaires Plot No 9 Sector 17 Palm Beach Road Sanpada Navi, Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.94 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹44.83 Lakh (net margin 2.8%) and EBITDA of ₹3.87 Cr (EBITDA margin 24.3%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 5% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Keystone Lifespaces. As per MCA filings, the company has open charges of ₹34.3 Cr and satisfied charges of ₹84.36 Cr on record.
Keystone Lifespaces Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0098266). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website keystonelifespaces.com.
Company details
CIN U45200MH2010PTC200636
Registration Number 200636
Incorporation Date 08 March 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0098266
Recognitions & Rankings of Keystone Lifespaces
Contact details
Keystone Lifespaces Private Limited's registered office is in Mumbai, Maharashtra. Its website is keystonelifespaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1103 The Affaires Plot No 9 Sector 17 Palm Beach Road Sanpada Navi, Mumbai, Maharashtra, India – 400705
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Keystone Lifespaces Private Limited, buy the company report.
Comprehensive company report
Keystone Lifespaces 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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Secure checkout · GST invoice included
Brands
Keystone Lifespaces operates one associated brand: Keystone Lifespaces. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and manages residential properties, including planning, construction, and sales. | keystonelifespaces.com |
Business activity
The main business activity of Keystone Lifespaces 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 Keystone Lifespaces Private Limited, buy the company report.
Financials of Keystone Lifespaces Private Limited
FY 2025 filings availableKeystone Lifespaces Private Limited reported revenue of ₹15.94 Cr (up 9% YoY) for FY 2024.
Revenue · FY 2024
₹15.94 Cr ▲ 9%
Net profit · FY 2024
₹44.83 Lakh margin 2.8%
EBITDA · FY 2024
₹3.87 Cr margin 24.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▼ 17%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 35%
3 years · compounded
▼ 15%
5 years · compounded
▼ 20%
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA fell 35% 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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| Total Expenses | |||||
| EBITDA | ₹3.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44.83 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.3% | ||||
| Net Profit Margin | 2.8% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Keystone Lifespaces Private Limited, buy the company report.
Board of directors of Keystone Lifespaces Private Limited
Keystone Lifespaces has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerbhan Thanwarmal Bajaj Also directs: Mark Texfab LLP, Nextgen Logipark LLP, Keystone Lifespaces Realty Projects LLP and 5 more | Director | 08 Mar 2010 | 16 Years 7 Months | Current |
| Sushil Srichand Dusseja | Director | 08 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Keystone Lifespaces Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Keystone Lifespaces Private Limitedthis company | ₹15.94 Cr (FY 2024) | ₹44.83 Lakh | 2.8% | 9.0% | 2 | Mumbai, Maharashtra, India |
| Aimtech Infra Limited | ₹15.94 Cr (FY 2022) | 40.0% | New Delhi, Delhi, India | |||
| NMR Builders Private Limited | ₹15.94 Cr (FY 2025) | -48.0% | Lucknow, Uttar Pradesh, India | |||
| Vaidya Spaces Private Limited | ₹15.94 Cr (FY 2025) | 645.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Keystone Lifespaces Private Limited, buy the company report.
Auditor
Keystone Lifespaces Private Limited is audited by Chetan Joshi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Chetan Joshi & Co. | FY 2023 | 128063W |
Shareholding
The shareholding of Keystone Lifespaces Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Keystone Lifespaces Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.3 Cr
Satisfied charges
₹84.36 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2025 | 101176077 | Others | ₹10 Cr | Open | |
| 31 Jan 2025 | 101057874 | State Bank of India | ₹7 Cr | Open | |
| 30 Dec 2024 | 101061695 | Others | ₹12 Cr | Open | |
| 15 Aug 2024 | 100965507 | Others | ₹5.3 Cr | Open | |
| 14 Jul 2022 | 100601016 | Others | ₹1.35 Cr | Satisfied |
To see the full charge records of Keystone Lifespaces Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
No court or tribunal cases involving Keystone Lifespaces Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Keystone Lifespaces Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fivestones Trading and Services Private Limited |
To see the full MSME payment records of Keystone Lifespaces Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Keystone Lifespaces Private Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%
GST
Keystone Lifespaces has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK9010E1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Keystone Lifespaces Private Limited, buy the company report.
Recent activity
Keystone Lifespaces Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Sunil Thanwarmal Bajaj ceased to be Director on 10 Dec 2018.
AGM
Keystone Lifespaces Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101176077 was registered on 11 Sep 2025.
Filing
Keystone Lifespaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 101057874 was registered on 31 Jan 2025.
Charges
A charge with Others amounted to Rs. 12.00 Cr with Charge ID 101061695 was registered on 30 Dec 2024.
Charges
A charge registered on 18 Apr 2019 via Charge ID 100258757 with State Bank Of India was fully satisfied on 30 Dec 2024.
Charges
A charge with State Bank Of India of Rs. 9.01 Cr registered on 18 Apr 2019 with Charge ID 100258757 was modified on 21 Aug 2024.
Charges
A charge with Others amounted to Rs. 5.30 Cr with Charge ID 100965507 was registered on 15 Aug 2024.
Charges
A charge registered on 17 Jan 2017 via Charge ID 100077158 with Others was fully satisfied on 03 Jul 2023.
Charges
A charge registered on 14 Jul 2022 via Charge ID 100601016 with Others was fully satisfied on 02 Mar 2023.
Charges
A charge with Others amounted to Rs. 1.35 Cr with Charge ID 100601016 was registered on 14 Jul 2022.
Charges
A charge registered on 17 Jan 2020 via Charge ID 100316313 with Others was fully satisfied on 31 Mar 2022.
27 earlier events are in the company report.
Frequently asked questions
Keystone Lifespaces 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 08 March 2010 (16+ years old) and is registered under CIN U45200MH2010PTC200636.
Keystone Lifespaces has 2 current directors:
- Veerbhan Thanwarmal Bajaj - Director
- Sushil Srichand Dusseja - Director
The latest financial statements of Keystone Lifespaces 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 Keystone Lifespaces is 27AADCK9010E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Keystone Lifespaces is U45200MH2010PTC200636. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Keystone Lifespaces was incorporated on 08 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Keystone Lifespaces by revenue are Aimtech Infra Limited, NMR Builders Private Limited, Vaidya Spaces Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sunil Thanwarmal Bajaj ceased to be Director on 10 Dec 2018. Srichand Himmatmal Dusseja ceased to be Director on 02 May 2014. Ramesh Thanwarmal Bajaj ceased to be Director on 22 Mar 2011. Keystone Lifespaces has 8 board changes on record in total.
Yes, Keystone Lifespaces is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0098266).
Keystone Lifespaces has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 29 May 2019.
Keystone Lifespaces can be reached through the website keystonelifespaces.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Keystone Lifespaces is at 1103 The Affaires Plot No 9 Sector 17 Palm Beach Road Sanpada Navi, Mumbai, Maharashtra, India – 400705.