About Qualitas Lifespaces Limited Liability Partnership
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Qualitas Lifespaces Limited Liability Partnership is a limited liability partnership (LLP) based in Navi Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 September 2012 and has been in existence for over 14 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAB-0992. Its GSTIN is 27AAAFQ3774D1ZB (Maharashtra).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Rajesh Raghunath Shah and Nirav Anil Virani.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Navi Mumbai, Maharashtra.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹1.14 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹25.13 Lakh (net margin -22%) and EBITDA of ₹58.14 Lakh (EBITDA margin 50.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 49% over five years.
As per MCA filings, the LLP has open charges of ₹12.04 Cr and satisfied charges of ₹24 Cr on record. Court records list 3 cases involving the LLP, including 1 filed by the LLP and 2 filed against it; 1 case is pending.
For more details, the LLP can be reached via its website qualitasgroup.in.
Company details
Contact details
Qualitas Lifespaces Limited Liability Partnership's registered office is in Navi Mumbai, Maharashtra. Its website is qualitasgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No – B – 0904 Mahavir Icon Plot No. 89 – 90, Sector – 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Qualitas Lifespaces Limited Liability Partnership, 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 Qualitas Lifespaces Limited Liability Partnership
FY 2025 filings availableQualitas Lifespaces Limited Liability Partnership reported revenue of ₹1.14 Cr (up 738% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 738% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 49%. EBITDA fell 16% 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
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | ₹1.14 Cr | ||||
| Purchases and Direct Costs | |||||
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| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
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| Tax | |||||
| Profit After Tax | -₹25.13 Lakh | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | -22% | ||||
| Return on Partners' Funds | |||||
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| Interest Coverage | |||||
| Efficiency and Growth | |||||
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To see the full financial statements and ratios of Qualitas Lifespaces Limited Liability Partnership, buy the company report.
Designated partners of Qualitas Lifespaces Limited Liability Partnership
Qualitas Lifespaces has 2 current designated partners and 5 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Raghunath Shah | Designated Partner | 03 Sep 2012 | 14 Years 2 Months | Current |
| Nirav Anil Virani Also directs: Shantabana Impex LLP, Calidad Realty Limited Liability Partnership, Calidad Shelters Limited Liability Partnership and 4 more | Designated Partner | 24 Mar 2015 | 11 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2020 | 100371007 | Axis Bank Ltd. | ₹67.31 Lakh | Open | |
| 30 Dec 2019 | 100315947 | Shriram Housing Finance Limited | ₹6 Cr | Open | |
| 13 Nov 2019 | 100307755 | Axis Bank Limited | ₹3.67 Cr | Open | |
| 09 Nov 2015 | 100015812 | Axis Bank Ltd | ₹1.7 Cr | Open | |
| 19 Mar 2015 | 10559234 | Shriram Housing Finance Limited | ₹15 Cr | Satisfied |
To see the full charge records of Qualitas Lifespaces Limited Liability Partnership, buy the company report.
Total charge records: 7 View all charges
Legal cases
Qualitas Lifespaces Limited Liability Partnership has 3 court cases on record: 1 filed by Qualitas Lifespaces, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Naik Environmental Engineers Pvt. Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against The State of Maharashtra and Ors 2 | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Qualitas Lifespaces Limited Liability Partnership, 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
No delayed payments to MSME suppliers are on our record for Qualitas Lifespaces Limited Liability Partnership; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qualitas Lifespaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAAFQ3774D1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Qualitas Lifespaces Limited Liability Partnership, buy the company report.
Recent activity
Qualitas Lifespaces Limited Liability Partnership has 7 designated partner changes on record since 2012: 2 appointments and 5 cessations. The latest: Shagun Rajesh Shah ceased to be Designated Partner on 18 Dec 2018.
10 earlier events are in the company report.
Frequently asked questions
Qualitas Lifespaces is an active limited liability partnership based in Navi Mumbai, Maharashtra, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 September 2012 (14+ years old) and is registered under LLPIN AAB-0992.
Qualitas Lifespaces has 2 current designated partners:
- Rajesh Raghunath Shah - Designated Partner
- Nirav Anil Virani - Designated Partner
The latest financial statements of Qualitas Lifespaces on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Qualitas Lifespaces is 27AAAFQ3774D1ZB, registered in Maharashtra.
The LLPIN (Limited Liability Partnership Identification Number) of Qualitas Lifespaces is AAB-0992. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Qualitas Lifespaces has 3 court cases on record: 1 filed by the LLP and 2 filed against it. 1 is pending.
Qualitas Lifespaces was incorporated on 03 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Shagun Rajesh Shah ceased to be Designated Partner on 18 Dec 2018. Nirav Anil Virani was appointed as Designated Partner on 24 Mar 2015. Nirav Anil Virani ceased to be Partner on 30 Oct 2014. Qualitas Lifespaces has 7 designated partner changes on record in total.
Qualitas Lifespaces can be reached through the website qualitasgroup.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Qualitas Lifespaces is at Office No – B – 0904 Mahavir Icon Plot No. 89 – 90, Sector – 15 CBD Belapur, Navi Mumbai, Maharashtra, India – 400614.
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