Rajesh Cityspaces Private Limited
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.
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- Registered Address139 Seksaria Chambers 2nd Floor Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Rajesh Cityspaces Private Limited
The main business activity of Rajesh Cityspaces is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
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.
Compounded Annual Growth Rate (CAGR) of Rajesh Cityspaces Private Limited
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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 83.7% | •••• | •••• | •••• |
| 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.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Vinayak Ambardekar | Nominee Director | 12 Mar 2018 | 8 Years 7 Months | As last reported |
| Ajit Gyanchand Jain Also directs: Indifra Limited, Airan Limited | Irp/Rp/Liquidator | 23 Feb 2024 | 2 Years 7 Months | As last reported |
| Priyal Kantilal Patel Also directs: Rajesh Lifespaces Private Limited, Rajesh Real Estate Developers Private Limited, Rajesh Lifehubs Private Limited and 5 more | Director | 05 Jul 2012 | 14 Years 3 Months | As last reported |
| Rajesh Raghavji Patel Also directs: River Spaces LLP, Eben Securities & Leasing Limited, Royal Ceramics Industries Private Limited and 5 more | Director | 04 Jul 2012 | 14 Years 3 Months | As last reported |
| Harish Raghavji Patel Also directs: Eben Securities & Leasing Limited, Royal Ceramics Industries Private Limited, Rajesh Hospitality Private Limited and 5 more | Director | 24 Oct 2012 | 13 Years 11 Months | As last reported |
| Pratik Harish Patel | Director | 04 Jul 2012 | 14 Years 3 Months | As 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A J KANAKIA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Rajesh Cityspaces Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rajesh Cityspaces Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2018 | Others | ₹432 Cr | Open |
| 19 Mar 2018 | Others | ₹370 Cr | Open |
| 19 Mar 2018 | Others | ₹144 Cr | Open |
| 19 Mar 2018 | Others | ₹153 Cr | Open |
| 17 Mar 2018 | Others | ₹36 Cr | Open |
Total charge records: 5 View all charges
Legal Cases of Rajesh Cityspaces Private Limited
Rajesh Cityspaces Private Limited has 19 court cases on record: 3 filed by Rajesh Cityspaces, 5 filed against it, 11 where it is another party. 12 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 8 |
| High courts | 5 | 2 | 4 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Nisa Industrial Services Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Company is another party | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Company is another party | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Shreejicharan Engineering Pvt.Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Shreejicharan Engineering Pvt. Ltd | Pending |
Full case history
All 19 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Rajesh Cityspaces Private Limited
Employment history and EPFO contributions of people linked to Rajesh Cityspaces.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Rajguru Developers Private Limited | U51909MH2001PTC133003 | Locked |
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.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rajesh Cityspaces Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rajesh Cityspaces Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rajesh Cityspaces Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rajesh Cityspaces Private Limited
Rajesh Cityspaces has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR9635L1ZQ | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rajesh Cityspaces Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
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:
- Vinay Vinayak Ambardekar - Nominee Director
- Priyal Kantilal Patel - Director
- Rajesh Raghavji Patel - Director
- Harish Raghavji Patel - Director
- Pratik Harish Patel - Director
- Ajit Gyanchand Jain - Irp/Rp/Liquidator
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).