About Sylvanus Properties Limited
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Sylvanus Properties Limited is a public limited company based in Delhi, India, a subsidiary of Indiabulls Real Estate Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2006PLC150229. Its GSTIN is 27AAJCS9992H1ZI (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Sylvanus Properties Private Limited. It is led by directors including Rikesh Kirtikumar Lakhani (Whole-Time Director) and Milind Ramakant Khedekar.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No 202 2nd Floor A – 18 Rama House Middle Circle Connaught Place New Del, Hi – 110001, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.68 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹175.77 Cr and EBITDA of -₹163.9 Cr. Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 17% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹300 Cr and satisfied charges of ₹1,890.5 Cr on record. Court records list 25 cases involving the company, including 4 filed by the company and 21 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiabullsrealestate.com.
Company details
CIN history
Sylvanus Properties has one previous CIN (Corporate Identification Number): U70109DL2006PTC150229. The current CIN is U70109DL2006PLC150229, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109DL2006PLC150229 | Current |
| U70109DL2006PTC150229 | Previous |
Contact details
Sylvanus Properties Limited's registered office is in Delhi, Delhi. Its website is indiabullsrealestate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No 202 2nd Floor A – 18 Rama House Middle Circle Connaught Place New Del, Hi – 110001, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sylvanus Properties 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 Sylvanus Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Sylvanus Properties Limited, buy the company report.
Financials of Sylvanus Properties Limited
FY 2025 filings availableSylvanus Properties Limited reported revenue of ₹14.68 Cr (down 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 30% fall in the latest year. EBITDA fell 28% 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 | -₹163.9 Cr | ||||
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| Net Profit (PAT) | -₹175.77 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Sylvanus Properties Limited, buy the company report.
Board of directors of Sylvanus Properties Limited
Sylvanus Properties has 4 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Ramakant Khedekar Also directs: Hermes Properties Limited, Zeus Estate Limited | Director | 17 May 2023 | 3 Years 5 Months | Current |
| Rikesh Kirtikumar Lakhani Also directs: Selene Buildwell Limited, Lucina Buildwell Limited, Juventus Infrastructure Limited and 5 more | Whole-Time Director | 17 May 2023 | 3 Years 5 Months | Current |
| Ssatyajit Parrihaar Also directs: Selene Buildwell Limited, Selene Constructions Limited, Lucina Buildwell Limited and 5 more | Director | 22 Jun 2022 | 4 Years 4 Months | Current |
| Amit Jayawant Bhoite Also directs: Mariana Properties Limited, Lenus Infrastructure Limited, Albasta Real Estate Limited and 4 more | Additional Director | 14 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Sylvanus Properties Limited is audited by Agarwal Prakash & Co. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Agarwal Prakash & Co. | FY 2024 | 005975N |
Shareholding
The shareholding of Sylvanus Properties 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 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sylvanus Properties Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2026 | 101359166 | Idbi Trusteeship Services Limited | ₹300 Cr | Open | |
| 03 Jan 2025 | 101057215 | Idbi Trusteeship Services Limited | ₹350 Cr | Satisfied | |
| 16 Jul 2021 | 100466644 | Others | ₹50 Lakh | Satisfied | |
| 12 Oct 2020 | 100384801 | Idbi Trusteeship Services Limited | ₹640 Cr | Satisfied | |
| 26 Sep 2017 | 100144248 | Idbi Trusteeship Services Limited | ₹250 Cr | Satisfied |
To see the full charge records of Sylvanus Properties Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Sylvanus Properties Limited has 25 court cases on record: 4 filed by Sylvanus Properties, 21 filed against it. 3 cases are pending and 22 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 9 | 3 |
| District courts | 11 | 11 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by individuals | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
To see the full case history of Sylvanus Properties 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sylvanus Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sylvanus Properties Limited has a workforce of 6 employees on its EPFO records as of Nov 12, 2024, across 1 active EPFO establishment.
GST
Sylvanus Properties has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCS9992H1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sylvanus Properties Limited, buy the company report.
Recent activity
Sylvanus Properties Limited has 28 board changes on record since 2007: 4 appointments and 24 cessations. The latest: Akriti Gupta ceased to be Company Secretary on 20 Mar 2026.
43 earlier events are in the company report.
News
Frequently asked questions
Sylvanus Properties is an active public limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 June 2006 (20+ years old) and is registered under CIN U70109DL2006PLC150229.
Sylvanus Properties has 4 current directors:
- Rikesh Kirtikumar Lakhani - Whole-Time Director
- Milind Ramakant Khedekar - Director
- Ssatyajit Parrihaar - Director
- Amit Jayawant Bhoite - Additional Director
The latest financial statements of Sylvanus Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sylvanus Properties is 27AAJCS9992H1ZI, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sylvanus Properties is U70109DL2006PLC150229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sylvanus Properties has 25 court cases on record: 4 filed by the company and 21 filed against it. 3 are pending. Most are in the high courts.
Sylvanus Properties was incorporated on 25 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Delhi.
Akriti Gupta ceased to be Company Secretary on 20 Mar 2026. Amit Jayawant Bhoite was appointed as Additional Director on 14 Jan 2026. Milind Ramakant Khedekar was appointed as Director on 17 May 2023. Sylvanus Properties has 28 board changes on record in total.
Sylvanus Properties can be reached through the website indiabullsrealestate.com. Its registered office is in Delhi, India.
The registered office of Sylvanus Properties is at Office No 202 2nd Floor A – 18 Rama House Middle Circle Connaught Place New Del, Hi – 110001, Delhi, India – 110001.