- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0001263

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
Recognitions & Rankings of SB Lifespaces
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
- Website
- Social Media
- Registered AddressBlu Pearl At Sno 5 5D And 5G Sector K2 Chikaldongre Road Global City Virar We, St, Palghar, Maharashtra, India – 401303
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SB Lifespaces Private Limited, 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
Business activity
The main business activity of SB Lifespaces is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction 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 availableSB Lifespaces Private Limited reported revenue of ₹10.2 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹4.87 Cr | ||||
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| Net Profit (PAT) | ₹12.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 47.7% | ||||
| Net Profit Margin | 1.3% | ||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavin Kiritkumar Wadhwana | Director | 16 Aug 2011 | 15 Years 2 Months | Current |
| Kirit Gandalal Wadhwana | Director | 16 Aug 2011 | 15 Years 2 Months | Current |
| Ramila Kirit Wadhwana | Director | 18 Jul 2021 | 5 Years 3 Months | Current |
| Sandeep Kirit Wadhwana | Director | 16 Aug 2011 | 15 Years 2 Months | Current |
Auditor
SB Lifespaces Private Limited is audited by MD GANDHI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MD GANDHI & CO. | FY 2023 | 113122W |
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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2022 | 100610738 | Others | ₹49 Cr | Open | |
| 26 Apr 2017 | 100096784 | State Bank of India | ₹35.48 Cr | Satisfied | |
| 28 Oct 2014 | 10531861 | State Bank of Patiala | ₹12 Cr | Satisfied |
To see the full charge records of SB Lifespaces Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
SB Lifespaces Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of SB Lifespaces Private Limited, 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.
Credit ratings & regulatory alerts
SB Lifespaces Private Limited was last rated by Crisil on 10 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 10 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCS2024R1ZP | Maharashtra | Active | 01 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.
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:
- Bhavin Kiritkumar Wadhwana - Director
- Kirit Gandalal Wadhwana - Director
- Ramila Kirit Wadhwana - Director
- Sandeep Kirit Wadhwana - Director
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.

