
About Palava Dwellers Private Limited
Data last updated:
Palava Dwellers Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Macrotech Developers Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 March 2017.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2017PTC292371. Its GSTIN is 27AAECE5655J1ZC (Maharashtra).
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Eisa Trading Private Limited. It was led by directors including Ashwani Kumar and Sanjay Shamrao Bahad.
Its last annual general meeting (AGM) was held on 15 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹1,802.51 Cr, a growth of 54% compared to the previous year. For the same year it recorded a net profit of ₹271.97 Cr (net margin 15.1%) and EBITDA of ₹452.46 Cr (EBITDA margin 25.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years.
The company had about 436 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹1,691.21 Cr on record.
The last known website on record is lodhagroup.in.
Company details
CIN history
Palava Dwellers has one previous CIN (Corporate Identification Number): U74999MH2017PTC292371. The current CIN is U70100MH2017PTC292371, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2017PTC292371 | Current |
| U74999MH2017PTC292371 | Previous |
Contact details
Palava Dwellers Private Limited's registered office is in Mumbai, Maharashtra. Its website is lodhagroup.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Palava Dwellers 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
Financials of Palava Dwellers Private Limited
FY 2021 filings availablePalava Dwellers Private Limited reported revenue of ₹1,802.51 Cr (up 54% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 22% over three years, including 54% growth in the latest year. EBITDA rose 66% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,802.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹452.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹271.97 Cr | ||||
| 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | ||||
| Net Profit Margin | 15.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Palava Dwellers Private Limited, buy the company report.
Board of directors of Palava Dwellers Private Limited
Palava Dwellers has 6 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwani Kumar | Director | 22 Jul 2021 | 5 Years 3 Months | As last reported |
| Sanjay Shamrao Bahad | Director | 17 Feb 2021 | 5 Years 8 Months | As last reported |
| Vinod Panalal Shah Also directs: Payvin Services Limited Liability Partnership, C View Trading LLP, National Standard (India) Limited and 3 more | Director | 23 Nov 2018 | 7 Years 11 Months | As last reported |
| Smita Satish Ghag | Director | 14 Jun 2018 | 8 Years 4 Months | As last reported |
| Piyush Arun Vora | Director | 23 Nov 2018 | 7 Years 11 Months | As last reported |
| Shaishav Pankaj Dharia Also directs: Lodha Developers Limited | Director | 01 Dec 2017 | 8 Years 10 Months | As last reported |
Auditor
Palava Dwellers Private Limited is audited by M S K A & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & ASSOCIATES | FY 2021 | 105047W |
Shareholding
The shareholding of Palava Dwellers Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Palava Dwellers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2021 | 100464461 | Others | ₹470 Cr | Satisfied | |
| 06 Mar 2020 | 100334661 | Others | ₹75 Cr | Satisfied | |
| 06 Mar 2020 | 100334663 | Others | ₹100 Cr | Satisfied | |
| 16 Dec 2017 | 100145421 | Others | ₹350 Cr | Satisfied | |
| 16 Dec 2017 | 100147389 | Others | ₹350 Cr | Satisfied |
To see the full charge records of Palava Dwellers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Palava Dwellers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Palava Dwellers Private Limited was last rated by Brickwork on 05 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 05 May 2020 |
To see the full credit ratings and regulatory alerts of Palava Dwellers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Palava Dwellers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Palava Dwellers Private Limited has a workforce of 436 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Palava Dwellers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE5655J1ZC | Maharashtra | Active | 19 Dec 2017 |
To see the full GST registrations and return filing status of Palava Dwellers Private Limited, buy the company report.
Recent activity
Palava Dwellers Private Limited has 19 board changes on record since 2017: 6 appointments and 13 cessations. The latest: Ashwani Kumar ceased to be Additional Director on 15 Nov 2021.
32 earlier events are in the company report.
News
Frequently asked questions
Palava Dwellers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Palava Dwellers was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 March 2017 and is registered under CIN U70100MH2017PTC292371. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Palava Dwellers was incorporated on 14 March 2017. It is registered with the Registrar of Companies, Mumbai.
Palava Dwellers had 6 directors:
- Ashwani Kumar - Director
- Sanjay Shamrao Bahad - Director
- Vinod Panalal Shah - Director
- Smita Satish Ghag - Director
- Piyush Arun Vora - Director
- Shaishav Pankaj Dharia - Director
The CIN (Corporate Identification Number) of Palava Dwellers is U70100MH2017PTC292371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Palava Dwellers is at 412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001.
Palava Dwellers can be reached through the website lodhagroup.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Palava Dwellers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Palava Dwellers is 27AAECE5655J1ZC, registered in Maharashtra.
Palava Dwellers operated in the real estate and construction industry, in the real estate builders and developers segment.

