Rajesh Cityspaces Private Limited

Rajesh Cityspaces Private Limited - real estate and construction in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U70109MH2012PTC232929 Incorporated 04 July 2012 ROC Mumbai HQ Mumbai, Maharashtra, India
Under Insolvency Private Limited Company real estate and construction
Data last updated
Revenue · FY 2018
₹42.41 Cr
▲ 1083% YoY
Net loss · FY 2018
₹19.46 Cr
Net margin -45.9%
EBITDA · FY 2018
₹35.51 Cr
EBITDA margin 83.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1,135 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
4
Provident fund records

About Rajesh Cityspaces Private Limited

Data last updated:

Rajesh Cityspaces Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 July 2012.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2012PTC232929. Its GSTIN is 27AAFCR9635L1ZQ (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ajit Gyanchand Jain (Irp/Rp/Liquidator) and Priyal Kantilal Patel.

Its last annual general meeting (AGM) was held on 26 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 139 Seksaria Chambers 2nd Floor Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400001.

As per the financials filed for FY 2018, the company reported a revenue of ₹42.41 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹19.46 Cr (net margin -45.9%) and EBITDA of ₹35.51 Cr (EBITDA margin 83.7%). Revenue has grown at a compounded annual rate (CAGR) of 805% over three years.

The company has about 4 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹1,135 Cr on record. Court records list 19 cases involving the company, including 3 filed by the company and 5 filed against it; 12 cases are pending.

Company Details of Rajesh Cityspaces Private Limited
CIN U70109MH2012PTC232929
Registration Number 232929
Incorporation Date 04 July 2012
ROC Mumbai
Listing Status Unlisted
Company Status Under CIRP
Date of Last AGM 26 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    139 Seksaria Chambers 2nd Floor Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400001
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Rajesh Cityspaces Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Rajesh Cityspaces Private Limited

The main business activity of Rajesh Cityspaces is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Rajesh Cityspaces Private Limited FY 2018 filings available

Rajesh Cityspaces Private Limited reported revenue of ₹42.41 Cr (up 1083% YoY) for FY 2018.

Revenue · FY 2018
₹42.41 Cr ▲ 1083%
Net loss · FY 2018
₹19.46 Cr margin -45.9%
EBITDA · FY 2018
₹35.51 Cr margin 83.7%

Compounded Annual Growth Rate (CAGR) of Rajesh Cityspaces Private Limited

Revenue CAGR growth
3 years · compounded
▲ 805%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 59%

Revenue has grown at a compounded annual rate (CAGR) of 805% over three years. EBITDA rose 25% 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 of Rajesh Cityspaces Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations••••••••••••••••
Other Income••••••••••••••••
Total Revenue₹42.41 Cr••••••••••••
Cost of Materials Consumed••••••••••••••••
Employee Benefit Expense••••••••••••••••
Finance Costs••••••••••••••••
Depreciation and Amortisation••••••••••••••••
Other Expenses••••••••••••••••
Total Expenses••••••••••••••••
EBITDA₹35.51 Cr••••••••••••
Profit Before Tax••••••••••••••••
Tax Expense••••••••••••••••
Net Profit (PAT)-₹19.46 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 of Rajesh Cityspaces Private Limited

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin83.7%••••••••••••
Net Profit Margin-45.9%••••••••••••
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••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rajesh Cityspaces are in the company report.

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Financial statements from 2015

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Board of Directors of Rajesh Cityspaces Private Limited

Rajesh Cityspaces has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Vinay Vinayak AmbardekarNominee Director12 Mar 20188 Years 7 MonthsAs last reported
Ajit Gyanchand JainIrp/Rp/Liquidator23 Feb 20242 Years 7 MonthsAs last reported
Priyal Kantilal PatelDirector05 Jul 201214 Years 3 MonthsAs last reported
Rajesh Raghavji PatelDirector04 Jul 201214 Years 3 MonthsAs last reported
Harish Raghavji PatelDirector24 Oct 201213 Years 11 MonthsAs last reported
Pratik Harish PatelDirector04 Jul 201214 Years 3 MonthsAs last reported

Peer Comparison of Rajesh Cityspaces Private Limited

Rajesh Cityspaces Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Reliable Exports (India) Private Limited₹137.16 Cr (FY 2025)••••••••-8.0%••••Mumbai, Maharashtra, India
MPG Hotels and Infrastructure Ventures Private Limited₹136.99 Cr (FY 2025)••••••••-17.0%••••Thiruvananthapuram, Kerala, India
Omaxe Garv Buildtech Private Limited₹136.95 Cr (FY 2025)••••••••1022.0%••••New Delhi, Delhi, India
Snowflower Properties Private Limited₹136.88 Cr (FY 2023)••••••••1438.0%••••Pune, Maharashtra, India
Turnstone Realty LLP₹136.88 Cr (FY 2023)••••••••-9.0%••••Mohali, Punjab, India
Dhruva Woollen Mills Private Limited₹136.5 Cr (FY 2023)••••••••-61.0%••••Mumbai, Maharashtra, India
Green Bay Infrastructure Private Limited₹136.36 Cr (FY 2025)••••••••76.0%••••New Delhi, Delhi, India
Akd Engineering & Infra Private Limited₹136.11 Cr (FY 2024)••••••••8553.0%••••Vasai, Maharashtra, India
Logix Infra Developers Private Limited₹135.74 Cr (FY 2024)••••••••4596.0%••••Delhi, India
Nakta Investment Private Limited₹135.67 Cr (FY 2025)••••••••413342.0%••••Mumbai, Maharashtra, India
Rajesh Cityspaces Private Limited this company₹42.41 Cr (FY 2018)••••••••1083.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Rajesh Cityspaces by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Rajesh Cityspaces Private Limited

Rajesh Cityspaces Private Limited is audited by A J KANAKIA & CO for the financial year 2018.

NameStatusAppointment DateCessation Date
A J KANAKIA & COLockedLockedLocked
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Ownership and Shareholding of Rajesh Cityspaces Private Limited

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Charges & Borrowings of Rajesh Cityspaces Private Limited

Open charges
₹1,135 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹1,135.00 Cr
Latest charge details
DateLenderAmountStatus
19 Mar 2018Others₹432 CrOpen
19 Mar 2018Others₹370 CrOpen
19 Mar 2018Others₹144 CrOpen
19 Mar 2018Others₹153 CrOpen
17 Mar 2018Others₹36 CrOpen

Total charge records: 5 View all charges

Employees and EPFO Compliance at Rajesh Cityspaces Private Limited

Employment history and EPFO contributions of people linked to Rajesh Cityspaces.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Group Structure of Rajesh Cityspaces Private Limited

Rajesh Cityspaces has 1 subsidiary company. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key Subsidiaries
Company NameCINShares Held
Rajguru Developers Private LimitedU51909MH2001PTC133003Locked

Showing major subsidiaries. Total: 1.

Recent Activity on Rajesh Cityspaces Private Limited

Rajesh Cityspaces Private Limited has 7 board changes on record since 2012: 6 appointments and 1 cessation. The latest: Ajit Gyanchand Jain was appointed as Irp/Rp/Liquidator on 23 Feb 2024.

Appointed
Ajit Gyanchand Jain was appointed as Irp/Rp/Liquidator.
Ceased
Vinay Vinayak Ambardekar ceased to be Nominee Director.
AGM
Rajesh Cityspaces Private Limited last Annual general meeting of members was held on 26 Sep 2018 as per latest MCA records.
Filing
Rajesh Cityspaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 43,200.00 Lakh with Charge ID 100167777 was registered on 19 Mar 2018.
Charges
A charge with Others of Rs. 43,200.00 Lakh registered on 19 Mar 2018 with Charge ID 100167777 was modified on 19 Mar 2018.
Charges
A charge with Others amounted to Rs. 37,000.00 Lakh with Charge ID 100167792 was registered on 19 Mar 2018.
Charges
A charge with Others of Rs. 37,000.00 Lakh registered on 19 Mar 2018 with Charge ID 100167792 was modified on 19 Mar 2018.
Charges
A charge with Others amounted to Rs. 14,400.00 Lakh with Charge ID 100168064 was registered on 19 Mar 2018.
Charges
A charge with Others of Rs. 14,400.00 Lakh registered on 19 Mar 2018 with Charge ID 100168064 was modified on 19 Mar 2018.
Charges
A charge with Others amounted to Rs. 15,300.00 Lakh with Charge ID 100169283 was registered on 19 Mar 2018.
Charges
A charge with Others of Rs. 15,300.00 Lakh registered on 19 Mar 2018 with Charge ID 100169283 was modified on 19 Mar 2018.

8 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Rajesh Cityspaces Private Limited

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MSME Payment Delays by Rajesh Cityspaces Private Limited

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Subsidiaries & Group Companies of Rajesh Cityspaces Private Limited

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GST Compliance of Rajesh Cityspaces Private Limited

Rajesh Cityspaces has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCR9635L1ZQMaharashtraActive01 Jul 2017
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MCA Filings & Documents of Rajesh Cityspaces Private Limited

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Frequently Asked Questions about Rajesh Cityspaces Private Limited

Rajesh Cityspaces is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.

Rajesh Cityspaces is a company under insolvency, formerly operating as a 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 04 July 2012 and is registered under CIN U70109MH2012PTC232929. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Rajesh Cityspaces reported revenue of ₹42.41 Cr for FY 2018 (up 1083% YoY).

Rajesh Cityspaces has 6 current directors:

Rajesh Cityspaces reported a net loss of ₹19.46 Cr (net margin -45.9%) and EBITDA of ₹35.51 Cr (EBITDA margin 83.7%) for FY 2018, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Rajesh Cityspaces is 805% over three years. CAGR is the steady yearly rate that links the first and the last year.

The CIN (Corporate Identification Number) of Rajesh Cityspaces is U70109MH2012PTC232929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rajesh Cityspaces has open charges of ₹1,135 Cr and no satisfied charges on record as per latest MCA filings.

Rajesh Cityspaces has 19 court cases on record: 3 filed by the company and 5 filed against it. 12 are pending. Most are in the district courts.

Rajesh Cityspaces was incorporated on 04 July 2012. It is registered with the Registrar of Companies, Mumbai.

The peers of Rajesh Cityspaces by revenue are Reliable Exports (India) Private Limited, MPG Hotels and Infrastructure Ventures Private Limited, Omaxe Garv Buildtech Private Limited, Snowflower Properties Private Limited, Turnstone Realty LLP and 5 more, all in the Real Estate industry (Builders and Developers).

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