Sapphire Land Development Private Limited
About Sapphire Land Development Private Limited
Data last updated:
Sapphire Land Development 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 19 October 1989.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1989PTC053963. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Lakhminder Dayal Singh and Arvind Parshuram Patil.
Its last annual general meeting (AGM) was held on 25 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Room No 05 Capri 3rd Floor Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹55.17 Lakh, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹27.94 Cr and EBITDA of ₹11.29 Cr. Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 71% over five years.
The company has about 114 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹136 Cr and satisfied charges of ₹133 Cr on record. Court records list 33 cases involving the company, including 7 filed by the company and 15 filed against it; 11 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in March 2014.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressRoom No 05 Capri 3rd Floor Anant Kanekar Marg Bandra (East), Mumbai, Maharashtra, India – 400051
- 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
Financials of Sapphire Land Development Private Limited FY 2018 filings available
Sapphire Land Development Private Limited reported revenue of ₹55.17 Lakh (down 88% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Sapphire Land Development Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 88% fall in the latest year. EBITDA fell 48% 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 Sapphire Land Development 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 | ₹55.17 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹11.29 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹27.94 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 Sapphire Land Development Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• |
| 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 Sapphire Land Development 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 Sapphire Land Development Private Limited
Sapphire Land Development has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakhminder Dayal Singh | Director | 05 Dec 2012 | 13 Years 10 Months | As last reported |
| Arvind Parshuram Patil Also directs: Anand Shree Bombay (Holding) Pvt Ltd, The Annexe Mall Company Limited, Dheeraj Consultancy Private Limited and 1 more | Director | 08 Feb 2014 | 12 Years 8 Months | As last reported |
Auditor Details of Sapphire Land Development Private Limited
Sapphire Land Development Private Limited is audited by RAJESWARI & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESWARI & ASSOCIATES | 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 Sapphire Land Development 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 Sapphire Land Development Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Aug 2018 | Punjab and Maharashtra Co-Operative Bank Limited | ₹136 Cr | Open |
| 22 Jun 2015 | Yes Bank Limited | ₹100 Cr | Satisfied |
| 17 Aug 2009 | Yes Bank Limited | ₹33 Cr | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Sapphire Land Development Private Limited
Sapphire Land Development Private Limited has 4 deals on record (4 secondary share transfers); the latest was in March 2014.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Suansa Hospitality Services Private Limited Seller: Sunshine Communication Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Bidco Studs Pvt Ltd Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Bidco Studs Pvt Ltd , Emerald Realtors P Ltd , an individual Seller: Educational and Scientific Equipment Private Limited , Group Housing Development Corporation Private Limited |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: Group Housing Development Corporation Private Limited Seller: 3 individuals |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Sapphire Land Development Private Limited
Sapphire Land Development Private Limited has 33 court cases on record: 7 filed by Sapphire Land Development, 15 filed against it, 11 where it is another party. 11 cases are pending and 22 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 8 | 4 |
| District courts | 13 | 3 | 3 |
| NCLAT | 4 | 4 | 4 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Mack Star Marketing Private Limited | Pending |
| NCLAT, New Delhi | Company appeal | Filed against the company by Mack Star Marketing Private Limited | Pending |
| Bombay High Court | Company petition | Filed against the company by Singh Intelligent Security Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Dheeraj Gaurav Heights III Cooperative Housing Society Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SPL.CASE) | Company is another party | Pending |
Full case history
All 33 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 Sapphire Land Development Private Limited
Sapphire Land Development Private Limited has a workforce of 114 employees as of Apr 07, 2024.
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.
Recent Activity on Sapphire Land Development Private Limited
Sapphire Land Development Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Arvind Parshuram Patil ceased to be Additional Director on 12 Sep 2014.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Sapphire Land Development 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 Sapphire Land Development 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 Sapphire Land Development 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 Sapphire Land Development Private Limited
Sapphire Land Development has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Sapphire Land Development 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 Sapphire Land Development Private Limited
Sapphire Land Development 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.
Sapphire Land Development 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 19 October 1989 and is registered under CIN U45200MH1989PTC053963. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sapphire Land Development reported revenue of ₹55.17 Lakh for FY 2018 (down 88% YoY).
Sapphire Land Development has 2 current directors:
- Lakhminder Dayal Singh - Director
- Arvind Parshuram Patil - Director
Sapphire Land Development reported a net loss of ₹27.94 Cr and EBITDA of ₹11.29 Cr for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sapphire Land Development is -66% over three years and -71% over five years. In the latest year (FY 2018) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Sapphire Land Development is U45200MH1989PTC053963. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sapphire Land Development has open charges of ₹136 Cr and satisfied charges of ₹133 Cr as per latest MCA filings.
Sapphire Land Development has 33 court cases on record: 7 filed by the company and 15 filed against it. 11 are pending. Most are in the high courts.
Sapphire Land Development was incorporated on 19 October 1989. It is registered with the Registrar of Companies, Mumbai.