Ultra Space Developers Private Limited
About Ultra Space Developers Private Limited
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Ultra Space Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Rkw Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2008PTC185964. Its GSTIN is 27AABCU0294J1Z6 (Maharashtra).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹4.81 Cr. It is led by directors including Bhagwat Swarup Sharma and Kalpesh Keshav Shelar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 4th Floor Hdil Towers Anant Kanekar Marg Bandra – East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2018, the company reported a revenue of ₹13.83 Cr, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹119 Cr and EBITDA of -₹114.41 Cr. Revenue has declined at a compounded annual rate (CAGR) of 52% over three years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹240 Cr and satisfied charges of ₹175 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ultra Space Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address4th Floor Hdil Towers Anant Kanekar Marg Bandra – East, Mumbai, Maharashtra, India – 400051
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ultra Space Developers 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 Ultra Space Developers 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 Ultra Space Developers Private Limited, buy the company report.
Financials of Ultra Space Developers Private Limited
FY 2018 filings availableUltra Space Developers Private Limited reported revenue of ₹13.83 Cr (down 86% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 52% over three years, including a 86% fall in the latest year. EBITDA fell 110% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹13.83 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹114.41 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹119 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
| 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 | ||||
To see the full financial statements and ratios of Ultra Space Developers Private Limited, buy the company report.
Board of directors of Ultra Space Developers Private Limited
Ultra Space Developers has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhagwat Swarup Sharma Also directs: Vallabh Poly-Plast International Limited, Samudra Developers Private Limited., Resources Realty Private Limited and 5 more | Director | 05 Feb 2010 | 16 Years 8 Months | Current |
| Sunil Sambhaji Shinde Also directs: Shishir Realty Private Limited, Damask Infracon Private Limited, Wadhawan Retail Private Limited and 4 more | Additional Director | 16 Mar 2020 | 6 Years 7 Months | Current |
| Prashant Margaje Also directs: RKW Construction Facility Management Private Limited, Mindspace Buidcon Private Limited, Duke Realtors Private Limited and 4 more | Additional Director | 24 Jun 2019 | 7 Years 4 Months | Current |
| Kalpesh Keshav Shelar Also directs: Resources Realty Private Limited, Yardstick Developers Private Limited, Shishir Realty Private Limited and 5 more | Director | 25 Feb 2020 | 6 Years 8 Months | Current |
Peer comparison
Ultra Space Developers Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Vanshdeep Builders Private Limited | ₹13.84 Cr (FY 2025) | 84.0% | Jaipur, Rajasthan, India | |||
| Barge Construction Private Limited | ₹13.83 Cr (FY 2025) | -10.0% | Indapur, Maharashtra, India | |||
| Ultra Space Developers Private Limitedthis company | ₹13.83 Cr (FY 2018) | -₹119 Cr | -86.0% | 3 | Mumbai, Maharashtra, India | |
| Anamlife Infraheights Private Limited | ₹13.82 Cr (FY 2023) | -17.0% | Lucknow, Uttar Pradesh, India | |||
| Gaursons Realty Private Limited | ₹13.82 Cr (FY 2025) | -65.0% | Delhi, India | |||
| Hawelia Builders Private Limited | ₹13.81 Cr (FY 2025) | 42.0% | Delhi, India |
To see the full peer comparison of Ultra Space Developers Private Limited, buy the company report.
Auditor
Ultra Space Developers Private Limited is audited by T R CHADHA & CO LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T R CHADHA & CO LLP | FY 2018 | 006711N/N500028 |
Shareholding
The shareholding of Ultra Space Developers Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ultra Space Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2019 | 100260948 | Others | ₹40 Cr | Open | |
| 24 Mar 2017 | 100095271 | State Bank of India | ₹200 Cr | Open | |
| 08 Feb 2010 | 10200371 | Idbi Trusteeship Services Limited | ₹175 Cr | Satisfied |
To see the full charge records of Ultra Space Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ultra Space Developers Private Limited has 12 court cases on record: 1 filed by Ultra Space Developers, 11 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 4 | 4 | 0 |
| District courts | 3 | 2 | 1 |
| High courts | 3 | 3 | 0 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Shrem Investments Pvt. Ltd. 1101 Viraj Tower Junction of Andheri Kurla Road Western Express Highway Andheri East, Mumbai 400069 , , Other and 1 other | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Iifl Facilities Services Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Swastik Space Craft LLP | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by BMW India Financial Services Private Ltd | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Sleek International Pvt Ltd | Disposed |
To see the full case history of Ultra Space Developers 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
Ultra Space Developers Private Limited was last rated by Care on 03 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 03 Dec 2021 |
To see the full credit ratings and regulatory alerts of Ultra Space Developers Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ultra Space Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ultra Space Developers Private Limited has a workforce of 3 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Ultra Space Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCU0294J1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ultra Space Developers Private Limited, buy the company report.
Recent activity
Ultra Space Developers Private Limited has 19 board changes on record since 2009: 4 appointments and 15 cessations. The latest: Sunil Sambhaji Shinde was appointed as Additional Director on 16 Mar 2020.
14 earlier events are in the company report.
Frequently asked questions
Ultra Space Developers is an active 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 20 August 2008 (18+ years old) and is registered under CIN U45200MH2008PTC185964.
Ultra Space Developers has 4 current directors:
- Bhagwat Swarup Sharma - Director
- Sunil Sambhaji Shinde - Additional Director
- Prashant Margaje - Additional Director
- Kalpesh Keshav Shelar - Director
The latest financial statements of Ultra Space Developers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Ultra Space Developers is 27AABCU0294J1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ultra Space Developers is U45200MH2008PTC185964. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultra Space Developers has 12 court cases on record: 1 filed by the company and 11 filed against it. 2 are pending. Most are in the nclt.
Ultra Space Developers was incorporated on 20 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ultra Space Developers by revenue are Vanshdeep Builders Private Limited, Barge Construction Private Limited, Anamlife Infraheights Private Limited, Gaursons Realty Private Limited, Hawelia Builders Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sunil Sambhaji Shinde was appointed as Additional Director on 16 Mar 2020. Kalpesh Keshav Shelar was appointed as Director on 25 Feb 2020. Bhagwat Swarup Sharma ceased to be Director on 23 Oct 2019. Ultra Space Developers has 19 board changes on record in total.
The registered office of Ultra Space Developers is at 4th Floor Hdil Towers Anant Kanekar Marg Bandra – East, Mumbai, Maharashtra, India – 400051.
Ultra Space Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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