Metropolitan Lifespace Real Estate Developers Private Limited
About Metropolitan Lifespace Real Estate Developers Private Limited
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Metropolitan Lifespace Real Estate Developers Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ipfii Singapore 5 Pte Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2015FTC263835. Its GSTIN is 06AAJCM6995J1ZQ (Haryana). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹33.3 Cr and a paid-up capital of ₹33.26 Cr. It is led by directors including Kamlesh Khanderia and Nidhi Ketan Mehta.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.07 Cr, a growth of 71% compared to the previous year. For the same year it recorded a net profit of ₹8.09 Cr (net margin 9.2%) and EBITDA of ₹17.31 Cr (EBITDA margin 19.7%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 72% over five years.
As per MCA filings, the company has satisfied charges of ₹130 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 6 deals on record (4 debt financings, 2 convertible or debt financings), with disclosed funding of ₹570.84 Cr; the latest was in March 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 larger; the largest is Trifecta Infra Private Limited with revenue of ₹88.5 Cr. The company has 8 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 9 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Metropolitan Lifespace Real Estate Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot 296 Sumati Smruti Chs Swatantrya Veer Savarkar Marg Catering College Da, Dar West, Mumbai, Maharashtra, India – 400028
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Metropolitan Lifespace Real Estate Developers 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 Metropolitan Lifespace Real Estate Developers 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 Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
Financials of Metropolitan Lifespace Real Estate Developers Private Limited
FY 2024 filings availableMetropolitan Lifespace Real Estate Developers Private Limited reported revenue of ₹88.07 Cr (up 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 72% over five years, including 71% growth in the latest year. EBITDA rose 375% 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 | ₹17.31 Cr | ||||
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| Net Profit (PAT) | ₹8.09 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 | 19.7% | ||||
| Net Profit Margin | 9.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
Board of directors of Metropolitan Lifespace Real Estate Developers Private Limited
Metropolitan Lifespace Real Estate Developers has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamlesh Khanderia | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Nidhi Ketan Mehta Also directs: Codeage India Private Limited, Transfer Multisort Elektronik India Private Limited, Tovlink Global Private Limited and 2 more | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
| Steven James Mc Elwain | Director | 30 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Metropolitan Lifespace Real Estate Developers 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 |
|---|---|---|---|---|---|---|
| Trifecta Infra Private Limited | ₹88.5 Cr (FY 2025) | 103.0% | Bangalore, Karnataka, India | |||
| Hive Carbon-Zero Developers Private Limited | ₹88.48 Cr (FY 2022) | 100.0% | Mumbai, Maharashtra, India | |||
| JP Corp Developers (India) Private Limited | ₹88.25 Cr (FY 2018) | 7.0% | Navi Mumbai, Maharashtra, India | |||
| Metropolitan Lifespace Real Estate Developers Private Limitedthis company | ₹88.07 Cr (FY 2025) | ₹8.09 Cr | 9.2% | 71.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
Auditor
Metropolitan Lifespace Real Estate Developers Private Limited is audited by Deloitte Haskins & Sells Llp, Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells Llp, Chartered Accountants | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Metropolitan Lifespace Real Estate Developers 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 Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2017 | 100085662 | Others | ₹20 Cr | Satisfied | |
| 25 Jan 2017 | 100078377 | Others | ₹110 Cr | Satisfied |
To see the full charge records of Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Metropolitan Lifespace Real Estate Developers Private Limited has 6 deals on record (4 debt financings, 2 convertible or debt financings), with disclosed funding of ₹570.84 Cr; the latest was in March 2019.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Debt financing | ₹15 Cr | Investors: IPFII Singapore 4 Private Limited |
| Apr 2017 | Debt financing | ₹121 Cr | Investors: IPFII Singapore 4 Private Limited |
| Apr 2016 | Debt financing | ₹298.84 Cr | Investors: IPFII Singapore 4 Private Limited |
| Jul 2015 | Debt financing | ₹102.75 Cr | Investors: IPFII Singapore 4 Private Limited |
To see the full deal history of Metropolitan Lifespace Real Estate Developers 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
Metropolitan Lifespace Real Estate Developers Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by an individual | Pending |
| Bombay High Court | Court case (CARBP) | Filed against the company by The Jai Vijay Co-Operative Housing Society Ltd. | Disposed |
To see the full case history of Metropolitan Lifespace Real Estate Developers 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
Metropolitan Lifespace Real Estate Developers Private Limited was last rated by Brickwork on 23 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 23 Nov 2021 |
To see the full credit ratings and regulatory alerts of Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
MSME payment delays
Metropolitan Lifespace Real Estate Developers Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 9 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 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bharucha & Partners | |||
| Mufg Intime India Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Alot Digital Solutions India Private Limited |
To see the full MSME payment records of Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Metropolitan Lifespace Real Estate Developers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCM6995J1ZQ | Haryana | Active | 28 Jul 2017 |
To see the full GST registrations and return filing status of Metropolitan Lifespace Real Estate Developers Private Limited, buy the company report.
Recent activity
Metropolitan Lifespace Real Estate Developers Private Limited has 16 board changes on record since 2015: 3 appointments and 13 cessations. The latest: Nidhi Ketan Mehta was appointed as Director on 25 Sep 2025.
11 earlier events are in the company report.
Frequently asked questions
Metropolitan Lifespace Real Estate Developers is an active foreign 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 27 April 2015 (11+ years old) and is registered under CIN U70102MH2015FTC263835.
Metropolitan Lifespace Real Estate Developers has 3 current directors:
- Kamlesh Khanderia - Director
- Nidhi Ketan Mehta - Director
- Steven James Mc Elwain - Director
The latest financial statements of Metropolitan Lifespace Real Estate Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Metropolitan Lifespace Real Estate Developers is 06AAJCM6995J1ZQ, registered in Haryana. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Metropolitan Lifespace Real Estate Developers is U70102MH2015FTC263835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Metropolitan Lifespace Real Estate Developers has 2 court cases on record: 2 filed against it. 1 is pending.
Metropolitan Lifespace Real Estate Developers was incorporated on 27 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Metropolitan Lifespace Real Estate Developers has 6 deals on record (4 debt financings, 2 convertible or debt financings), with disclosed funding of ₹570.84 Cr; the latest was in March 2019.
The peers of Metropolitan Lifespace Real Estate Developers by revenue are Trifecta Infra Private Limited, Hive Carbon-Zero Developers Private Limited, JP Corp Developers (India) Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Nidhi Ketan Mehta was appointed as Director on 25 Sep 2025. Nidhi Ketan Mehta ceased to be Additional Director on 26 Sep 2024. Steven James Mc Elwain ceased to be Additional Director on 26 Sep 2024. Metropolitan Lifespace Real Estate Developers has 16 board changes on record in total.
Metropolitan Lifespace Real Estate Developers has 8 MSME Form 1 returns on record between 2019 and 2023, listing 17 overdue payments to 9 micro and small suppliers. The latest return was filed on 27 Oct 2023.
The registered office of Metropolitan Lifespace Real Estate Developers is at Plot 296 Sumati Smruti Chs Swatantrya Veer Savarkar Marg Catering College Da, Dar West, Mumbai, Maharashtra, India – 400028.
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