About Vijay Citispace Private Limited
Data last updated:
Vijay Citispace Private Limited is a private limited company based in Mumbai, Maharashtra, India. 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 06 October 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2009PTC196272. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4.1 Lakh. It is led by directors Vrajlal Talakshi Gala (Managing Director) and Ateev Vrajlal Gala.
Its last annual general meeting (AGM) was held on 25 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 205 Marine Chambers 43 New Marine Lines, Mumbai, Maharashtra, India – 400020.
As per the financials filed for FY 2018, the company reported a revenue of ₹26.97 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Cr (net margin -3.8%) and EBITDA of ₹1.43 Cr (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
As per MCA filings, the company has open charges of ₹145.23 Cr and satisfied charges of ₹244 Cr on record. Court records list 18 cases involving the company, including 3 filed by the company and 5 filed against it; 4 cases are pending. The company has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in March 2018. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Uddhav Realtech Private Limited with revenue of ₹26.99 Cr.
The last known website on record is vijaygroup.com.
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- Website
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- Registered Address205 Marine Chambers 43 New Marine Lines, Mumbai, Maharashtra, India – 400020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Vijay Citispace Private Limited
The main business activity of Vijay Citispace is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Vijay Citispace Private Limited FY 2018 filings available
Vijay Citispace Private Limited reported revenue of ₹26.97 Cr (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Vijay Citispace Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 20% fall in the latest year. EBITDA fell 76% 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 of Vijay Citispace Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹26.97 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.43 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.01 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 of Vijay Citispace Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.3% | •••• | •••• | •••• |
| Net Profit Margin | -3.8% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Vijay Citispace are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Vijay Citispace Private Limited
Vijay Citispace has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vrajlal Talakshi Gala | Managing Director | 06 Oct 2009 | 17 Years 0 Months | As last reported |
| Ateev Vrajlal Gala | Director | 15 May 2014 | 12 Years 5 Months | As last reported |
Peer Comparison of Vijay Citispace Private Limited
Vijay Citispace Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uddhav Realtech Private Limited | ₹26.99 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Amritsar, Punjab, India |
| CSN Estates Private Limited | ₹26.99 Cr (FY 2018) | •••• | •••• | -6.0% | •••• | Delhi, India |
| BGS Clothing Company Private Limited | ₹26.98 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Prasthan Infrastructure Private Limited | ₹26.97 Cr (FY 2019) | •••• | •••• | 202.0% | •••• | Ahmedabad, Gujarat, India |
| Silicon Constructions Private Limited | ₹26.97 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Chandigarh, India |
| Vijay Citispace Private Limited this company | ₹26.97 Cr (FY 2018) | •••• | •••• | -20.0% | •••• | Mumbai, Maharashtra, India |
| STC Developers Private Limited | ₹26.94 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Chartered Housing Private Limited | ₹26.92 Cr (FY 2025) | •••• | •••• | 210.0% | •••• | Bangalore, Karnataka, India |
| Merit Infra and Engineering Private Limited | ₹26.91 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
| Poompuhar Real Estate Private Limited | ₹26.9 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Chennai, Tamil Nadu, India |
| Medec Infra Private Limited | ₹26.89 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Vijay Citispace by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Vijay Citispace Private Limited
Vijay Citispace Private Limited is audited by KAILASH CHAND JAIN & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KAILASH CHAND JAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Vijay Citispace Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Vijay Citispace Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2017 | Others | ₹10.23 Cr | Open |
| 23 Sep 2016 | Others | ₹105 Cr | Open |
| 23 Mar 2016 | Others | ₹25 Cr | Open |
| 29 Jun 2015 | Axis Bank Limited | ₹5 Cr | Open |
| 23 Jun 2015 | Gda Trusteeship Limited | ₹150 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of Vijay Citispace Private Limited
Vijay Citispace Private Limited has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in March 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Vrajlal T Gala Huf, 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Vijay Group Associates & Vrajlal T Gala, 3 individuals Seller: Vwama International, 3 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Vwama International, Vrajlal T Gala Huf, 2 individuals Seller: 4 individuals |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Situda Investment and Trading Company Private Limited , Inventure Contruction Private Limited, 2 individuals |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Vijay Citispace Private Limited
Vijay Citispace Private Limited has 18 court cases on record: 3 filed by Vijay Citispace, 5 filed against it, 10 where it is another party. 4 cases are pending and 14 are disposed. Status as checked between 29 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 5 | 4 |
| High courts | 5 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS) | Filed against the company by Regency Ispat Private Limited | Pending |
| District court, Thane, Maharashtra | Court case (R.C.A.) | Company is another party | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by India Bulls Housing Finance Ltd | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Tna Readymix Pvt. Ltd | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Company is another party | Disposed |
Full case history
All 18 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Vijay Citispace Private Limited
Employment history and EPFO contributions of people linked to Vijay Citispace.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Vijay Citispace Private Limited
Vijay Citispace Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Ankush Shankar Dalvi ceased to be Additional Director on 27 Sep 2019.
15 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Vijay Citispace Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Vijay Citispace Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Vijay Citispace Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Vijay Citispace Private Limited
Vijay Citispace has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Vijay Citispace Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Vijay Citispace Private Limited
Frequently Asked Questions about Vijay Citispace Private Limited
Vijay Citispace 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.
Vijay Citispace 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 06 October 2009 and is registered under CIN U45202MH2009PTC196272. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Vijay Citispace reported revenue of ₹26.97 Cr for FY 2018 (down 20% YoY).
Vijay Citispace has 2 current directors:
- Vrajlal Talakshi Gala - Managing Director
- Ateev Vrajlal Gala - Director
Vijay Citispace reported a net loss of ₹1.01 Cr (net margin -3.8%) and EBITDA of ₹1.43 Cr (EBITDA margin 5.3%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Vijay Citispace is -35% over three years. In the latest year (FY 2018) revenue fell 20%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Vijay Citispace is U45202MH2009PTC196272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijay Citispace has open charges of ₹145.23 Cr and satisfied charges of ₹244 Cr as per latest MCA filings.
Vijay Citispace has 18 court cases on record: 3 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Vijay Citispace was incorporated on 06 October 2009. It is registered with the Registrar of Companies, Mumbai.
Vijay Citispace has 7 deals on record (6 secondary share transfers, 1 funding round), with disclosed funding of ₹10,000; the latest was in March 2018.