About Mahindra Homes Private Limited
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Mahindra Homes Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahindra Lifespace Developers Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 02 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2010PTC203618. Its GSTIN is 27AAACW9691A2Z4 (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹84.46 Lakh. It was formerly known as Watsonia Developers Limited and Watsonia Developers Private Limited. It is led by directors Amit Kumar Sinha and Sriram Kumar.
Its last annual general meeting (AGM) was held on 16 July 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 2025, the company reported a revenue of ₹21.03 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹7.01 Cr (net margin 33.3%) and EBITDA of ₹16.24 Cr (EBITDA margin 77.2%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 45% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹105.05 Cr and satisfied charges of ₹245 Cr on record. Court records list 20 cases involving the company, including 11 filed by the company and 9 filed against it; 12 cases are pending. The company has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹643.06 Cr; the latest was in September 2019. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 smaller; the largest is Indospace Park Chakan 1D Private Limited with revenue of ₹21.02 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahindralifespaces.com.
Company details
Name history
Mahindra Homes has undergone 2 name changes throughout its history. The company was previously known as Watsonia Developers Limited, and Watsonia Developers Private Limited. The current legal name is Mahindra Homes Private Limited.
| Company Name | Status |
|---|---|
| Mahindra Homes Private Limited | Current |
| Watsonia Developers Limited | Previous |
| Watsonia Developers Private Limited | Previous |
CIN history
Mahindra Homes has one previous CIN (Corporate Identification Number): U70102MH2010PLC203618. The current CIN is U70102MH2010PTC203618, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102MH2010PTC203618 | Current |
| U70102MH2010PLC203618 | Previous |
Contact details
Mahindra Homes Private Limited's registered office is in Mumbai, Maharashtra. Its website is mahindralifespaces.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor A Wing Mahindra Tower, Dr. G.M. Bhosale Marg Worli, Mumbai, Maharashtra, India – 400018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mahindra Homes 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 Mahindra Homes 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 Mahindra Homes Private Limited, buy the company report.
Financials of Mahindra Homes Private Limited
FY 2025 filings availableMahindra Homes Private Limited reported revenue of ₹21.03 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 21% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 45%. EBITDA fell 74% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹16.24 Cr | ||||
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| Net Profit (PAT) | ₹7.01 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.2% | ||||
| Net Profit Margin | 33.3% | ||||
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To see the full financial statements and ratios of Mahindra Homes Private Limited, buy the company report.
Board of directors of Mahindra Homes Private Limited
Mahindra Homes has 2 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sriram Kumar Also directs: Mahindra Knowledge Park Mohali Limited, Shreyas Stones Private Limited, Mahindra Blossom Developers Limited and 5 more | Additional Director | 05 Dec 2025 | 0 Years 10 Months | Current |
| Amit Kumar Sinha Also directs: Mahindra Blossom Developers Limited, Mahindra Kandivali Developers Limited, Mahindra Happinest Developers Limited and 5 more | Director | 19 Apr 2023 | 3 Years 6 Months | Current |
Peer comparison
Mahindra Homes 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 |
|---|---|---|---|---|---|---|
| Mahindra Homes Private Limitedthis company | ₹21.03 Cr (FY 2025) | ₹7.01 Cr | 33.3% | 21.0% | 25 | Mumbai, Maharashtra, India |
| Indospace Park Chakan 1D Private Limited | ₹21.02 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Beekay Infratech Private Limited | ₹20.99 Cr (FY 2025) | -7.0% | Faizabad, Uttar Pradesh, India | |||
| Swain Engineering and Construction Private Limited | ₹20.97 Cr (FY 2025) | 130.0% | Bhadrak, Odisha, India |
To see the full peer comparison of Mahindra Homes Private Limited, buy the company report.
Auditor
Mahindra Homes Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Mahindra Homes 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 Mahindra Homes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jun 2021 | 100472212 | Standard Chartered Bank | ₹5 Lakh | Open | |
| 30 Nov 2017 | 100141552 | Others | ₹50 Cr | Open | |
| 19 May 2016 | 100032146 | Others | ₹55 Cr | Open | |
| 22 Dec 2017 | 100148430 | Others | ₹60 Cr | Satisfied | |
| 19 May 2016 | 100032120 | Others | ₹185 Cr | Satisfied |
To see the full charge records of Mahindra Homes Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Mahindra Homes Private Limited has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹643.06 Cr; the latest was in September 2019.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2019 | Funding round | ₹640.34 Cr | Investors: Mahindra Lifespace Developers Limited , Actis Mahi Holdings (Singapore) Private Limited |
| Mar 2017 | Funding round | ₹41.1 Lakh | Investors: Mahindra Lifespace Developers Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Mahindra Lifespace Developers Limited Seller: Topical Builders Private Limited |
| Jul 2013 | Funding round | ₹1.95 Cr | Investors: SCM Real Estate (Singapore) Private Limited, Mahindra Lifespace Developers Limited |
| Jul 2013 | Funding round | ₹31.2 Lakh | Investors: SCM Real Estate (Singapore) Private Limited, Mahindra Lifespace Developers Limited |
To see the full deal history of Mahindra Homes 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
Mahindra Homes Private Limited has 20 court cases on record: 11 filed by Mahindra Homes, 9 filed against it. 12 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 4 | 5 |
| Supreme Court | 6 | 3 | 6 |
| District courts | 2 | 2 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (3801-Matters Relating To Consumer Protection : Appeals u/s 23 of Consumer Protection Act, 1986.) | Filed by the company against Ireo Private Limited Through the Director Through the Director A-11, 1 St Floor, Neetibagh New Delhi-110049 ,New Delhi , Delhi and 2 others | Pending |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court of Punjab and Haryana | Court case (RERA-APPL) | Filed by the company against an individual | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by PR Commissioner of Income Tax 8 Mumbai | Pending |
| District court, Gurugram, Haryana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Mahindra Homes 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.
Credit ratings & regulatory alerts
Mahindra Homes Private Limited was last rated by Indiarating on 22 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 22 Mar 2021 |
To see the full credit ratings and regulatory alerts of Mahindra Homes Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahindra Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahindra Homes Private Limited has a workforce of 25 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Mahindra Homes has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW9691A2Z4 | Maharashtra | Active | 03 Aug 2017 |
| 06AAACW9691A1Z9 | Haryana | Active | 01 Jul 2017 |
| 29AAACW9691A1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahindra Homes Private Limited, buy the company report.
Recent activity
Mahindra Homes Private Limited has 19 board changes on record since 2013: 2 appointments and 17 cessations. The latest: Sriram Kumar was appointed as Additional Director on 05 Dec 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Mahindra Homes 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 02 June 2010 (16+ years old) and is registered under CIN U70102MH2010PTC203618.
Mahindra Homes has 2 current directors:
- Sriram Kumar - Additional Director
- Amit Kumar Sinha - Director
The latest financial statements of Mahindra Homes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahindra Homes is 27AAACW9691A2Z4, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 06AAACW9691A1Z9 (Haryana), 29AAACW9691A1Z1 (Karnataka).
The CIN (Corporate Identification Number) of Mahindra Homes is U70102MH2010PTC203618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahindra Homes has 20 court cases on record: 11 filed by the company and 9 filed against it. 12 are pending. Most are in the high courts.
Mahindra Homes was incorporated on 02 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahindra Homes has 8 deals on record (5 funding rounds, 3 secondary share transfers), with disclosed funding of ₹643.06 Cr; the latest was in September 2019.
The peers of Mahindra Homes by revenue are Indospace Park Chakan 1D Private Limited, Beekay Infratech Private Limited, Swain Engineering and Construction Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sriram Kumar was appointed as Additional Director on 05 Dec 2025. Avinash Ashok Bapat ceased to be Additional Director on 16 Jul 2024. Amit Kumar Sinha ceased to be Additional Director on 17 Jul 2023. Mahindra Homes has 19 board changes on record in total.
Mahindra Homes can be reached through the website mahindralifespaces.com. Its registered office is in Mumbai, Maharashtra, India.