Luxora Realtors Private Limited
About Luxora Realtors Private Limited
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Luxora Realtors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Essence Conwell Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2010PTC204594. Its GSTIN is 27AABCO3197J2Z3 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.8 Cr and a paid-up capital of ₹2.16 Cr. It was formerly known as Opulent Realtors Private Limited. It is led by directors Deepak Mahadev Vasandani and Tarun Hundalani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Unit No. 150 Avior Corporate Park Nirmal Galaxy Lbs Road Mulund, Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.13 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹9.99 Cr and EBITDA of -₹5.65 Cr. Revenue has declined at a compounded annual rate (CAGR) of 74% over three years.
As per MCA filings, the company has open charges of ₹177.1 Cr and satisfied charges of ₹47.38 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Luxora Realtors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No. 150 Avior Corporate Park Nirmal Galaxy Lbs Road Mulund, Mumbai, Maharashtra, India – 400080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Luxora Realtors 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 Luxora Realtors 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 Luxora Realtors Private Limited, buy the company report.
Financials of Luxora Realtors Private Limited
FY 2024 filings availableLuxora Realtors Private Limited reported revenue of ₹1.13 Cr (down 99% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 74% over three years, including a 99% fall in the latest year. EBITDA rose 87% 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 | -₹5.65 Cr | ||||
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| Net Profit (PAT) | -₹9.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Luxora Realtors Private Limited, buy the company report.
Board of directors of Luxora Realtors Private Limited
Luxora Realtors has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Mahadev Vasandani Also directs: KB Digi Solutions LLP, Aanya Management Solutions LLP, Chitravati Advisory Services LLP and 5 more | Director | 13 Dec 2019 | 6 Years 10 Months | Current |
| Tarun Hundalani Also directs: Aanya Management Solutions LLP, Chitravati Advisory Services LLP, Vertex Strategic Venture LLP and 5 more | Director | 26 Jul 2011 | 15 Years 3 Months | Current |
Peer comparison
Luxora Realtors 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 |
|---|---|---|---|---|---|---|
| Luxora Realtors Private Limitedthis company | ₹1.13 Cr (FY 2024) | -₹9.99 Cr | -99.0% | Mumbai, Maharashtra, India | ||
| Sagar Dwellings Private Limited | ₹1.13 Cr (FY 2025) | -1.0% | Gwalior, Madhya Pradesh, India | |||
| East and South Trading Private Limited | ₹1.13 Cr (FY 2025) | 13.0% | Chennai, Tamil Nadu, India | |||
| D.R Lohia Properties & Builders Private Limited | ₹1.13 Cr (FY 2018) | 9.0% | Faridabad, Haryana, India |
To see the full peer comparison of Luxora Realtors Private Limited, buy the company report.
Auditor
Luxora Realtors Private Limited is audited by MGB & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MGB & Co LLP | FY 2022 | 101169W/W-100035 |
Shareholding
The shareholding of Luxora Realtors 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 Luxora Realtors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2024 | 101005891 | Others | ₹12.1 Cr | Open | |
| 16 Jul 2024 | 100975446 | Others | ₹15 Cr | Open | |
| 07 Feb 2020 | 100336296 | Others | ₹15 Cr | Open | |
| 09 Dec 2015 | 10624436 | Others | ₹135 Cr | Open | |
| 06 Jun 2012 | 10368341 | Il & Fs Trust Company Limited | ₹47.38 Cr | Satisfied |
To see the full charge records of Luxora Realtors Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Luxora Realtors Private Limited has 9 court cases on record: 4 filed by Luxora Realtors, 5 filed against it. 5 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 4 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Gold Minar Developers Pvt Ltd and 8 others | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against an individual | Pending |
| Bombay High Court | Court case (CAA) | Filed by the company against an individual | Pending |
| High Court | Tax appeal | Filed against the company by Prinicipal Commissioner of Income Tax 6 Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax, Central-1, Mumbai | Pending |
To see the full case history of Luxora Realtors 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
Luxora Realtors Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 21 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Shadow Impex Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Luxora Realtors Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Luxora Realtors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCO3197J2Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Luxora Realtors Private Limited, buy the company report.
Recent activity
Luxora Realtors Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Deepak Mahadev Vasandani ceased to be Additional Director on 31 Dec 2020.
7 earlier events are in the company report.
Frequently asked questions
Luxora Realtors 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 21 June 2010 (16+ years old) and is registered under CIN U45202MH2010PTC204594.
Luxora Realtors has 2 current directors:
- Deepak Mahadev Vasandani - Director
- Tarun Hundalani - Director
The latest financial statements of Luxora Realtors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Luxora Realtors is 27AABCO3197J2Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Luxora Realtors is U45202MH2010PTC204594. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Luxora Realtors has 9 court cases on record: 4 filed by the company and 5 filed against it. 5 are pending. Most are in the high courts.
Luxora Realtors was incorporated on 21 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Luxora Realtors by revenue are Sagar Dwellings Private Limited, East and South Trading Private Limited, D.R Lohia Properties & Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Deepak Mahadev Vasandani ceased to be Additional Director on 31 Dec 2020. Deepak Mahadev Vasandani was appointed as Director on 13 Dec 2019. Chaitanya Nandlal Parekh ceased to be Additional Director on 30 Sep 2011. Luxora Realtors has 8 board changes on record in total.
Luxora Realtors has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 21 overdue payments to 21 micro and small suppliers. The latest return was filed on 06 Jun 2023.
The registered office of Luxora Realtors is at Unit No. 150 Avior Corporate Park Nirmal Galaxy Lbs Road Mulund, Mumbai, Maharashtra, India – 400080.
Luxora Realtors operates in the real estate and construction industry, in the real estate builders and developers segment.
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