About Ulltra Lifespace Private Limited
Data last updated:
Ulltra Lifespace Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Satra Properties (India) Limited. 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 18 October 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC175172. Its GSTIN is 27AALCS4414J1Z4 (Maharashtra).
The company has an authorised share capital of ₹1.02 Cr and a paid-up capital of ₹49.96 Lakh. It was formerly known as Ulltra Lifespaces Private Limited and Satra Pratiti Buildcon Private Limited. It is led by directors Tushar Ramaniklal Shah and Jignesh Pravinchandra Shah.
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 Cts 791A(Pt) Jamat – E – Jamooria Chs Ltd Near Telephone Exchange Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.67 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹37.26 Lakh (net margin 8%) and EBITDA of ₹79.87 Lakh (EBITDA margin 17.1%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 33% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹320 Cr and satisfied charges of ₹130.09 Cr on record. Court records list 33 cases involving the company, including 25 filed by the company and 8 filed against it; 14 cases are pending.
The last known website on record is mjshahgroup.com.
Company details
Name history
Ulltra Lifespace has undergone 6 name changes throughout its history. The current legal name is Ulltra Lifespace Private Limited.
| Company Name | Status |
|---|---|
| Ulltra Lifespace Private Limited | Current |
| Ulltra Lifespaces Private Limited | Previous |
| Satra Pratiti Buildcon Private Limited | Previous |
| Shah Satra Buildcon Private Limited | Previous |
| Satra Buildcon Private Limited | Previous |
| Satra Sudharma Buildcon Private Limited | Previous |
| Satra Shah Buildcon Private Limited | Previous |
Contact details
Ulltra Lifespace Private Limited's registered office is in Mumbai, Maharashtra. Its website is mjshahgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCts 791A(Pt) Jamat – E – Jamooria Chs Ltd Near Telephone Exchange Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ulltra Lifespace 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 Ulltra Lifespace 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 Ulltra Lifespace Private Limited, buy the company report.
Financials of Ulltra Lifespace Private Limited
FY 2024 filings availableUlltra Lifespace Private Limited reported revenue of ₹4.67 Cr (down 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years, including a 49% fall in the latest year. EBITDA fell 82% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹79.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹37.26 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | ||||
| Net Profit Margin | 8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ulltra Lifespace Private Limited, buy the company report.
Board of directors of Ulltra Lifespace Private Limited
Ulltra Lifespace has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Ramaniklal Shah Also directs: Satra Properties (India) Limited, Gajendra Investment Limited | Director | 13 Dec 2019 | 6 Years 11 Months | As last reported |
| Jignesh Pravinchandra Shah Also directs: Gangrel Amusement Park Limited Liability Partnership, Neomi Infra LLP, Satra Properties (India) Limited and 1 more | Director | 10 Sep 2018 | 8 Years 2 Months | As last reported |
Peer comparison
Ulltra Lifespace Private Limited is compared with the 7 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eiffel Landmarks Private Limited | ₹4.68 Cr (FY 2023) | 32.0% | Pune, Maharashtra, India | |||
| Ilex Properties Private Limited | ₹4.68 Cr (FY 2023) | 119.0% | Pune, Maharashtra, India | |||
| Aparajit Buildcon Private Limited | ₹4.68 Cr (FY 2025) | 2659.0% | Zakhira, Delhi, India | |||
| Ulltra Lifespace Private Limitedthis company | ₹4.67 Cr (FY 2024) | ₹37.26 Lakh | 8% | -49.0% | 1 | Mumbai, Maharashtra, India |
| Shakti Buildmart Private Limited | ₹4.67 Cr (FY 2025) | 133.0% | Madanganj Kishangarh, Rajasthan, India | |||
| Shreenath Buildgrand Private Limited | ₹4.67 Cr (FY 2018) | 4.0% | Mumbai, Maharashtra, India | |||
| Brickvalue Private Limited | ₹4.67 Cr (FY 2025) | -1.0% | Patna, Bihar, India | |||
| Unique Affordable Homes Private Limited | ₹4.67 Cr (FY 2024) | -27.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Ulltra Lifespace Private Limited, buy the company report.
Auditor
Ulltra Lifespace Private Limited is audited by Banshi Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Banshi Jain & Associates | FY 2023 | 100990W |
Shareholding
The shareholding of Ulltra Lifespace 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 Ulltra Lifespace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2018 | 100198127 | Others | ₹320 Cr | Open | |
| 22 Sep 2015 | 10597494 | Kotak Mahindra Prime Limited | ₹3.63 Lakh | Satisfied | |
| 31 Dec 2014 | 10545222 | Kotak Mahindra Prime Limited | ₹5.81 Lakh | Satisfied | |
| 06 Aug 2014 | 10518020 | Idbi Bank Limited | ₹130 Cr | Satisfied |
To see the full charge records of Ulltra Lifespace Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Ulltra Lifespace Private Limited has 33 court cases on record: 25 filed by Ulltra Lifespace, 8 filed against it. 14 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 4 | 12 |
| District courts | 2 | 2 | 2 |
| NCLT | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed by the company against Axis Bank Ltd., and 2 others | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Satra Properties India Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Pyramid Developers | Pending |
| Bombay High Court | Commercial suit | Filed by the company against Pyramid Developers | Pending |
| Bombay High Court | Court case (S) | Filed against the company by an individual | Pending |
To see the full case history of Ulltra Lifespace 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ulltra Lifespace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ulltra Lifespace Private Limited has a workforce of 1 employees on its EPFO records as of Apr 2025.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2025-26 | 1 |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 |
To see the full employee and EPFO history of Ulltra Lifespace Private Limited, buy the company report.
GST
Ulltra Lifespace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCS4414J1Z4 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ulltra Lifespace Private Limited, buy the company report.
Recent activity
Ulltra Lifespace Private Limited has 11 board changes on record since 2013: 2 appointments and 9 cessations. The latest: Tushar Ramaniklal Shah ceased to be Additional Director on 31 Dec 2020.
10 earlier events are in the company report.
Frequently asked questions
Ulltra Lifespace 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.
Ulltra Lifespace 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 18 October 2007 and is registered under CIN U45400MH2007PTC175172. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Ulltra Lifespace has 2 current directors:
- Tushar Ramaniklal Shah - Director
- Jignesh Pravinchandra Shah - Director
The latest financial statements of Ulltra Lifespace 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 CIN (Corporate Identification Number) of Ulltra Lifespace is U45400MH2007PTC175172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ulltra Lifespace has open charges of ₹320 Cr and satisfied charges of ₹130.09 Cr as per latest MCA filings.
Ulltra Lifespace has 33 court cases on record: 25 filed by the company and 8 filed against it. 14 are pending. Most are in the high courts.
Ulltra Lifespace was incorporated on 18 October 2007. It is registered with the Registrar of Companies, Mumbai.
The peers of Ulltra Lifespace by revenue are Eiffel Landmarks Private Limited, Ilex Properties Private Limited, Aparajit Buildcon Private Limited, Shakti Buildmart Private Limited, Shreenath Buildgrand Private Limited and 2 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Tushar Ramaniklal Shah ceased to be Additional Director on 31 Dec 2020. Mayank Jashwantlal Shah ceased to be Director on 31 Jul 2020. Shreyans Jaswantlal Shah ceased to be Director on 31 Jul 2020. Ulltra Lifespace has 11 board changes on record in total.
Ulltra Lifespace can be reached through the website mjshahgroup.com. Its registered office is in Mumbai, Maharashtra, India.
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