About Provenance Land Private Limited
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Provenance Land Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Reco Triangle Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH2001PTC255339. Its GSTIN is 27AADCM1868J1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹246.11 Cr and a paid-up capital of ₹126.09 Cr. It was formerly known as Magus Estates and Hotels Private Limited and Magus Estates and Hotels Limited. It is led by directors including Adarsh Rajkumar Jatia (Managing Director) and David Lang.
Its last annual general meeting (AGM) was held on 24 October 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 ₹318.77 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹12.26 Cr (net margin -3.8%) and EBITDA of ₹65.15 Cr (EBITDA margin 20.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Provenance Land. As per MCA filings, the company has open charges of ₹1,290 Cr and satisfied charges of ₹1,706.08 Cr on record. Court records list 40 cases involving the company, including 26 filed by the company and 14 filed against it; 10 cases are pending. The company has 25 deals on record (10 secondary share transfers, 9 debt financings, 5 funding rounds), with disclosed funding of ₹1,026.92 Cr; the latest was in March 2023. The company has 18 MSME Form 1 returns on record between 2019 and 2024, listing 357 overdue payments to 44 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website provenanceland.com.
Company details
Name history
Provenance Land has undergone 2 name changes throughout its history. The company was previously known as Magus Estates And Hotels Private Limited, and Magus Estates And Hotels Limited. The current legal name is Provenance Land Private Limited.
| Company Name | Status |
|---|---|
| Provenance Land Private Limited | Current |
| Magus Estates And Hotels Private Limited | Previous |
| Magus Estates And Hotels Limited | Previous |
CIN history
Provenance Land has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U99999MH2001PTC255339, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH2001PTC255339 | Current |
| U99999DL2001PTC175768 | Previous |
| U99999DL2001PLC175768 | Previous |
| U99999MH2001PLC133967 | Previous |
Contact details
Provenance Land Private Limited's registered office is in Mumbai, Maharashtra. Its website is provenanceland.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 1/136 Dr. E. Moses Road Near Jijamata Nagar, Worli, Mumbai, Maharashtra, India – 400018
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Provenance Land 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
Brands
Provenance Land operates one associated brand: Provenance Land. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Luxury residential development services are provided in Mumbai. | provenanceland.com |
Business activity
The main business activities of Provenance Land are accommodation and food service and real estate. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Provenance Land Private Limited, buy the company report.
Financials of Provenance Land Private Limited
FY 2025 filings availableProvenance Land Private Limited reported revenue of ₹318.77 Cr (down 24% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 5% 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 | ₹65.15 Cr | ||||
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| Net Profit (PAT) | -₹12.26 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 | 20.4% | ||||
| Net Profit Margin | -3.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Provenance Land Private Limited, buy the company report.
Board of directors of Provenance Land Private Limited
Provenance Land has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Lang | Director | 29 Jan 2024 | 2 Years 9 Months | Current |
| Adarsh Rajkumar Jatia | Managing Director | 01 Apr 2013 | 13 Years 7 Months | Current |
| Rajkumar Subhkaran Jatia Also directs: Avenue Technologies Private Limited, Plash Food LLP | Director | 13 Nov 2001 | 24 Years 11 Months | Current |
Auditor
Provenance Land Private Limited is audited by B S R & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2022 | 101248W/W-100022 |
Shareholding
The shareholding of Provenance Land 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 Provenance Land Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100795349 | Idbi Trusteeship Services Limited | ₹590 Cr | Open | |
| 19 Jan 2022 | 100544695 | Idbi Trusteeship Services Limited | ₹700 Cr | Open | |
| 31 Dec 2018 | 100236535 | Others | ₹15 Cr | Satisfied | |
| 07 Feb 2018 | 100162653 | Others | ₹235 Cr | Satisfied | |
| 25 Jan 2018 | 100156141 | Axis Bank Limited | ₹20 Cr | Satisfied |
To see the full charge records of Provenance Land Private Limited, buy the company report.
Total charge records: 20 View all charges
Deals & funding
Provenance Land Private Limited has 25 deals on record (10 secondary share transfers, 9 debt financings, 5 funding rounds), with disclosed funding of ₹1,026.92 Cr; the latest was in March 2023.
Deals on record (5 of 25)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Secondary share transfer | Undisclosed | Buyer: Avenue Technologies Private Limited Seller: GIC Singapore |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: GIC Singapore Seller: Avenue Technologies Private Limited |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: GIC Singapore Seller: Springleaf Investments Pte Limited, Provenance India LLP , Avenue Technologies Private Limited |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: Provenance India LLP , Nidhivan Project Consultancy Services Private Limited Seller: Nidhivan Project Consultancy Services Private Limited , India Realty Investors Ltd, 2 individuals |
| Mar 2010 | Funding round | ₹1.37 Cr | Investors: Avenue Technologies Private Limited |
To see the full deal history of Provenance Land 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
Provenance Land Private Limited has 40 court cases on record: 26 filed by Provenance Land, 14 filed against it. 10 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 11 | 5 |
| High courts | 14 | 3 | 5 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by Depa India Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Unibrand Drinks Private Limited and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Asian Hotels Limited and Ors | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Depa India Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by Depa India Private Limited | Disposed |
To see the full case history of Provenance Land 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.
MSME payment delays
Provenance Land Private Limited has 18 MSME Form 1 returns on record between 2019 and 2024, listing 357 overdue payments to 44 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 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| 4Ftbsys Private Limited | |||
| Stealth Management Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Provenance Land Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Provenance Land Private Limited has a workforce of 1 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Provenance Land has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCM1868J1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 27AADCM1868J2Z5 | Maharashtra | Active | 14 Sep 2019 |
To see the full GST registrations and return filing status of Provenance Land Private Limited, buy the company report.
Recent activity
Provenance Land Private Limited has 20 board changes on record since 2001: 3 appointments and 17 cessations. The latest: David Lang ceased to be Additional Director on 23 Dec 2024.
61 earlier events are in the company report.
News
Frequently asked questions
Provenance Land 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 13 November 2001 (25+ years old) and is registered under CIN U99999MH2001PTC255339.
Provenance Land has 3 current directors:
- Adarsh Rajkumar Jatia - Managing Director
- David Lang - Director
- Rajkumar Subhkaran Jatia - Director
The latest financial statements of Provenance Land on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Provenance Land is 27AADCM1868J1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCM1868J2Z5 (Maharashtra).
The CIN (Corporate Identification Number) of Provenance Land is U99999MH2001PTC255339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Provenance Land has 40 court cases on record: 26 filed by the company and 14 filed against it. 10 are pending. Most are in the district courts.
Provenance Land was incorporated on 13 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Provenance Land has 25 deals on record (10 secondary share transfers, 9 debt financings, 5 funding rounds), with disclosed funding of ₹1,026.92 Cr; the latest was in March 2023.
David Lang ceased to be Additional Director on 23 Dec 2024. David Lang was appointed as Director on 29 Jan 2024. Shashi Rajkumar Jatia ceased to be Director on 30 Nov 2021. Provenance Land has 20 board changes on record in total.
Provenance Land has 18 MSME Form 1 returns on record between 2019 and 2024, listing 357 overdue payments to 44 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Provenance Land can be reached through the website provenanceland.com. Its registered office is in Mumbai, Maharashtra, India.
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