Manasvi Project Private Limited
About Manasvi Project Private Limited
Data last updated:
Manasvi Project Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 05 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH1998PTC115241. Its GSTIN is 27AABCM5230A1Z3 (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹56 Lakh. It was formerly known as Manasvi Projects Private Limited. It is led by directors Rajaram Ramchandra Masane (Managing Director) and Arpita Rajaram Masane.
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 20 Yashodham Shopping Centre Gen. A. K. Vaidya M Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.63 Lakh, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹76.23 Lakh (net margin -187.6%) and EBITDA of -₹71.07 Lakh (EBITDA margin -174.9%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 25% over five years.
As per MCA filings, the company has open charges of ₹2.29 Cr and satisfied charges of ₹4.98 Cr on record. Court records list 6 cases involving the company, including 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address20 Yashodham Shopping Centre Gen. A. K. Vaidya M Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryInfrastructure and Utilities, General Construction Services
- 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
- One PDF report, delivered after checkout
Business Activity of Manasvi Project Private Limited
The main business activity of Manasvi Project is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Manasvi Project Private Limited FY 2025 filings available
Manasvi Project Private Limited reported revenue of ₹40.63 Lakh (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Manasvi Project Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 50% fall in the latest year. EBITDA fell 137% 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 of Manasvi Project Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹71.07 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹76.23 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 of Manasvi Project Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -174.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -187.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Manasvi Project are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Manasvi Project Private Limited
Manasvi Project Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.A. Equipments Private Limited | ₹40.78 Lakh (FY 2025) | •••• | •••• | 768.0% | •••• | New Delhi, Delhi, India |
| Care Yu Hartanah Private Limited | ₹40.76 Lakh (FY 2025) | •••• | •••• | •••• | Tuticorin, Tamil Nadu, India | |
| Abacus Civil and Electrical Contractors Private Limited | ₹40.69 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Panampilly Nagar, Kerala, India |
| Jassk Industries Private Limited | ₹40.68 Lakh (FY 2025) | •••• | •••• | •••• | Visakhapatnam, Andhra Pradesh, India | |
| Fairconstruct Construction Solutions Private Limited | ₹40.64 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Noida, Uttar Pradesh, India |
| Manasvi Project Private Limited this company | ₹40.63 Lakh (FY 2025) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Hammer Project Private Limited | ₹40.59 Lakh (FY 2024) | •••• | •••• | 622.0% | •••• | Patna, Bihar, India |
| Apana Ashiyana Development Private Limited | ₹40.57 Lakh (FY 2024) | •••• | •••• | 152.0% | •••• | Patna, Bihar, India |
| Khyati Builders Private Limited | ₹40.56 Lakh (FY 2024) | •••• | •••• | 86.0% | •••• | Junagadh, Gujarat, India |
| Narsingh Engicon Private Limited | ₹40.53 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | West Champaran, Bihar, India |
| Ashwanth Estates Private Limited | ₹40.51 Lakh (FY 2024) | •••• | •••• | -45.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Manasvi Project by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Manasvi Project Private Limited
Auditor information for Manasvi Project Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Manasvi Project Private Limited
Manasvi Project has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arpita Rajaram Masane Also directs: Mahalaxmi Agro and Land Developers Private Limited, Siddhi Constructions Limited, Neworder Multitrade Private Limited and 1 more | Director | 05 Jun 1998 | 28 Years 4 Months | Current |
| Rajaram Ramchandra Masane Also directs: Samcon Builders LLP, Mahalaxmi Agro and Land Developers Private Limited, Siddhi Constructions Limited and 2 more | Managing Director | 05 Jun 1998 | 28 Years 4 Months | Current |
Ownership and Shareholding of Manasvi Project Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Manasvi Project Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 May 2008 | Bank of Baroda | ₹2.29 Cr | Open |
| 20 Jun 2013 | Union Bank of India | ₹4.5 Cr | Satisfied |
| 16 Aug 1999 | State Bank of Saurashtraa | ₹48 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Manasvi Project Private Limited
Manasvi Project Private Limited has 6 court cases on record: 6 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Majestic Car Park P.Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Majestic Car Park P.Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India Th.Mr. S.Arvind Kumar | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Mejestic Car Park Pvt. Ltd | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Mejestic Car Park Pvt. Ltd | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Manasvi Project Private Limited
Employment history and EPFO contributions of people linked to Manasvi Project.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Manasvi Project Private Limited
Manasvi Project Private Limited has 3 board changes on record since 1998: 2 appointments and 1 cessation. The latest: Rajaram Ramchandra Masane ceased to be Director on 01 Jun 2011.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Manasvi Project Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Manasvi Project Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Manasvi Project Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Manasvi Project Private Limited
Manasvi Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCM5230A1Z3 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Manasvi Project Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Manasvi Project Private Limited
Manasvi Project is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 05 June 1998 (28+ years old) and is registered under CIN U45203MH1998PTC115241.
Manasvi Project reported revenue of ₹40.63 Lakh for FY 2025 (down 50% YoY).
Manasvi Project has 2 current directors:
- Rajaram Ramchandra Masane - Managing Director
- Arpita Rajaram Masane - Director
Manasvi Project reported a net loss of ₹76.23 Lakh (net margin -187.6%) and EBITDA of -₹71.07 Lakh (EBITDA margin -174.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Manasvi Project is -45% over three years and -25% over five years. In the latest year (FY 2025) revenue fell 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Manasvi Project is 27AABCM5230A1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Manasvi Project is U45203MH1998PTC115241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manasvi Project has 6 court cases on record: 6 filed against it. Most are in the high courts.
Manasvi Project was incorporated on 05 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Manasvi Project by revenue are S.A. Equipments Private Limited, Care Yu Hartanah Private Limited, Abacus Civil and Electrical Contractors Private Limited, Jassk Industries Private Limited, Fairconstruct Construction Solutions Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Rajaram Ramchandra Masane ceased to be Director on 01 Jun 2011. Arpita Rajaram Masane was appointed as Director on 05 Jun 1998. Rajaram Ramchandra Masane was appointed as Managing Director on 05 Jun 1998.