Palava Dwellers Private Limited

Palava Dwellers Private Limited - real estate and construction in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U70100MH2017PTC292371 Incorporated 14 March 2017 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company real estate and construction
Data last updated
Revenue · FY 2021
₹1,802.51 Cr
▲ 54% YoY
Net profit · FY 2021
₹271.97 Cr
Net margin 15.1%
EBITDA · FY 2021
₹452.46 Cr
EBITDA margin 25.1%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1,691.21 Cr
No open charges
Company age
9 yrs
Est. 2017
Employees · EPFO
436
Provident fund records

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 U70100MH2017PTC292371
Registration Number 292371
Incorporation Date 14 March 2017
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 15 November 2021
Date of Balance Sheet 31 March 2021
Parent Company Macrotech Developers Limited
Compliance Status Active Compliant

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.

CINStatus
U70100MH2017PTC292371Current
U74999MH2017PTC292371Previous

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
  • Social Media
  • Registered Address
    412 Floor – 4 17G Vardhaman Chamber Cawasji Patel Road Horniman Circle For, T, Mumbai, Maharashtra, India – 400001
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Palava Dwellers Private Limited, buy the company report.

Comprehensive company report
Palava Dwellers Private Limited - one report that includes everything
  • 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
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Financials of Palava Dwellers Private Limited

FY 2021 filings available

Palava Dwellers Private Limited reported revenue of ₹1,802.51 Cr (up 54% YoY) for FY 2021.

Revenue · FY 2021
₹1,802.51 Cr ▲ 54%
Net profit · FY 2021
₹271.97 Cr margin 15.1%
EBITDA · FY 2021
₹452.46 Cr margin 25.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 22%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 26%

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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 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

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin25.1%
Net Profit Margin15.1%
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.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ashwani KumarDirector22 Jul 20215 Years 3 MonthsAs last reported
Sanjay Shamrao BahadDirector17 Feb 20215 Years 8 MonthsAs last reported
Vinod Panalal ShahDirector23 Nov 20187 Years 11 MonthsAs last reported
Smita Satish GhagDirector14 Jun 20188 Years 4 MonthsAs last reported
Piyush Arun VoraDirector23 Nov 20187 Years 11 MonthsAs last reported
Shaishav Pankaj DhariaDirector01 Dec 20178 Years 10 MonthsAs last reported

Auditor

Palava Dwellers Private Limited is audited by M S K A & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
M S K A & ASSOCIATESFY 2021105047W

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 categoryFY 2021FY 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

Open charges
None
Satisfied charges
₹1,691.21 Cr
Breakdown by lending institutions
Others₹1,448.25 Cr
Idbi Trusteeship Services Limited₹242.96 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Jun 2021100464461Others₹470 CrSatisfied
06 Mar 2020100334661Others₹75 CrSatisfied
06 Mar 2020100334663Others₹100 CrSatisfied
16 Dec 2017100145421Others₹350 CrSatisfied
16 Dec 2017100147389Others₹350 CrSatisfied

To see the full charge records of Palava Dwellers Private Limited, buy the company report.

Total charge records: 8 View all charges

Credit ratings & regulatory alerts

Palava Dwellers Private Limited was last rated by Brickwork on 05 May 2020.

Rating agencyRated onRating
Brickwork05 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.

Employee count
436
Active EPFO establishments
1
Employee growth
-2.68%

GST

Palava Dwellers has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECE5655J1ZCMaharashtraActive19 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.

Charges
A charge registered on 29 Jun 2021 via Charge ID 100464461 with Others was fully satisfied on 02 Dec 2021.
AGM
Palava Dwellers Private Limited last Annual general meeting of members was held on 15 Nov 2021 as per latest MCA records.
Ceased
Ashwani Kumar ceased to be Additional Director.
Ceased
Sanjay Shamrao Bahad ceased to be Additional Director.
Appointed
Ashwani Kumar was appointed as Director.
Charges
A charge with Others amounted to Rs. 47,000.00 Lakh with Charge ID 100464461 was registered on 29 Jun 2021.
Charges
A charge registered on 23 Nov 2016 via Charge ID 100064627 with Idbi Trusteeship Services Limited was fully satisfied on 18 May 2021.
Charges
A charge registered on 23 Nov 2016 via Charge ID 100064074 with Others was fully satisfied on 18 May 2021.
Charges
A charge registered on 06 Mar 2020 via Charge ID 100334661 with Others was fully satisfied on 28 Apr 2021.
Charges
A charge registered on 06 Mar 2020 via Charge ID 100334663 with Others was fully satisfied on 28 Apr 2021.
Filing
Palava Dwellers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Charges
A charge registered on 29 Sep 2014 via Charge ID 10523332 with Idbi Trusteeship Services Limited was fully satisfied on 18 Mar 2021.

32 earlier events are in the company report.

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:

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.