SB Lifespaces Private Limited

SB Lifespaces Private Limited - real estate and construction in Palghar, Maharashtra, India. FY 2026 financials & compliance.
CIN U45400MH2011PTC221002 Incorporated 16 August 2011 ROC Mumbai HQ Palghar, Maharashtra, India
Active Private Limited Company real estate and construction MSME · Small
Revenue · FY 2025
₹10.2 Cr
▼ 31% YoY
Net profit · FY 2025
₹12.92 Lakh
Net margin 1.3%
EBITDA · FY 2025
₹4.87 Cr
EBITDA margin 47.7%
Authorised capital
₹2.65 Cr
Registered with MCA
Paid-up capital
₹2.19 Cr
Issued & subscribed
Open charges
₹49 Cr
Satisfied ₹47.48 Cr
Company age
15 yrs
Est. 2011
Directors on board
4
As per MCA filings

About SB Lifespaces Private Limited

Data last updated:

SB Lifespaces Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 August 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2011PTC221002. Its GSTIN is 27AAQCS2024R1ZP (Maharashtra).

The company has an authorised share capital of ₹2.65 Cr and a paid-up capital of ₹2.19 Cr. It is led by directors including Bhavin Kiritkumar Wadhwana and Kirit Gandalal Wadhwana.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Palghar, Maharashtra.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.2 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net profit of ₹12.92 Lakh (net margin 1.3%) and EBITDA of ₹4.87 Cr (EBITDA margin 47.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 16% over five years.

As per MCA filings, the company has open charges of ₹49 Cr and satisfied charges of ₹47.48 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

SB Lifespaces Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0001263). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website wadhwanagroup.com.

Company details

CIN U45400MH2011PTC221002
Registration Number 221002
Incorporation Date 16 August 2011
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0001263

Recognitions & Rankings of SB Lifespaces

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-17-0001263

Contact details

SB Lifespaces Private Limited's registered office is in Palghar, Maharashtra. Its website is wadhwanagroup.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Blu Pearl At Sno 5 5D And 5G Sector K2 Chikaldongre Road Global City Virar We, St, Palghar, Maharashtra, India – 401303
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of SB Lifespaces Private Limited, buy the company report.

Comprehensive company report
SB Lifespaces Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of SB Lifespaces is construction. In detail, this covers construction of buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstruction41Construction of buildings

To see the full business activity and turnover split of SB Lifespaces Private Limited, buy the company report.

Financials of SB Lifespaces Private Limited

FY 2024 filings available

SB Lifespaces Private Limited reported revenue of ₹10.2 Cr (down 31% YoY) for FY 2025.

Revenue · FY 2025
₹10.2 Cr ▼ 31%
Net profit · FY 2025
₹12.92 Lakh margin 1.3%
EBITDA · FY 2025
₹4.87 Cr margin 47.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 2%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 27%
3 years · compounded
▲ 12%

Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 31% fall in the latest year. EBITDA fell 27% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.87 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹12.92 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin47.7%
Net Profit Margin1.3%
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

To see the full financial statements and ratios of SB Lifespaces Private Limited, buy the company report.

Board of directors of SB Lifespaces Private Limited

SB Lifespaces has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhavin Kiritkumar WadhwanaDirector16 Aug 201115 Years 2 MonthsCurrent
Kirit Gandalal WadhwanaDirector16 Aug 201115 Years 2 MonthsCurrent
Ramila Kirit WadhwanaDirector18 Jul 20215 Years 3 MonthsCurrent
Sandeep Kirit WadhwanaDirector16 Aug 201115 Years 2 MonthsCurrent

Auditor

SB Lifespaces Private Limited is audited by MD GANDHI & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MD GANDHI & CO.FY 2023113122W

Shareholding

The shareholding of SB Lifespaces 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of SB Lifespaces Private Limited, buy the company report.

Charges & borrowings

Open charges
₹49 Cr
Satisfied charges
₹47.48 Cr
Breakdown by lending institutions
Others₹49.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Jun 2022100610738Others₹49 CrOpen
26 Apr 2017100096784State Bank of India₹35.48 CrSatisfied
28 Oct 201410531861State Bank of Patiala₹12 CrSatisfied

To see the full charge records of SB Lifespaces Private Limited, buy the company report.

Total charge records: 3 View all charges

Credit ratings & regulatory alerts

SB Lifespaces Private Limited was last rated by Crisil on 10 Dec 2019.

Rating agencyRated onRating
Crisil10 Dec 2019

To see the full credit ratings and regulatory alerts of SB Lifespaces Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for SB Lifespaces Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

SB Lifespaces has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAQCS2024R1ZPMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of SB Lifespaces Private Limited, buy the company report.

Recent activity

SB Lifespaces Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Ramila Kirit Wadhwana was appointed as Director on 18 Jul 2021.

AGM
Sb Lifespaces Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sb Lifespaces Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 49.00 Cr with Charge ID 100610738 was registered on 30 Jun 2022.
Charges
A charge registered on 26 Apr 2017 via Charge ID 100096784 with State Bank Of India was fully satisfied on 28 Jun 2022.
Appointed
Ramila Kirit Wadhwana was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 35.48 Cr registered on 26 Apr 2017 with Charge ID 100096784 was modified on 26 Oct 2020.
Charges
A charge with State Bank Of India amounted to Rs. 35.48 Cr with Charge ID 100096784 was registered on 26 Apr 2017.
Ceased
Ramila Kirit Wadhwana ceased to be Director.
Charges
A charge registered on 28 Oct 2014 via Charge ID 10531861 with State Bank Of Patiala was fully satisfied on 25 Jan 2017.
Charges
A charge with State Bank Of Patiala amounted to Rs. 12.00 Cr with Charge ID 10531861 was registered on 28 Oct 2014.
Appointed
Bhavin Kiritkumar Wadhwana was appointed as Director.
Appointed
Kirit Gandalal Wadhwana was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

SB Lifespaces is an active private limited company based in Palghar, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 August 2011 (15+ years old) and is registered under CIN U45400MH2011PTC221002.

SB Lifespaces has 4 current directors:

The latest financial statements of SB Lifespaces on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of SB Lifespaces is 27AAQCS2024R1ZP, registered in Maharashtra.

The CIN (Corporate Identification Number) of SB Lifespaces is U45400MH2011PTC221002. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

SB Lifespaces has 1 court case on record: 1 filed against it. 1 is pending.

SB Lifespaces was incorporated on 16 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Ramila Kirit Wadhwana was appointed as Director on 18 Jul 2021. Ramila Kirit Wadhwana ceased to be Director on 01 Apr 2017. Bhavin Kiritkumar Wadhwana was appointed as Director on 16 Aug 2011. SB Lifespaces has 5 board changes on record in total.

Yes, SB Lifespaces is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0001263).

SB Lifespaces can be reached through the website wadhwanagroup.com. Its registered office is in Palghar, Maharashtra, India.