Mahindra Lifespace Developers Profile
Key Indicators
- Authorised Capital ₹ 300.00 Cr
- Paid Up Capital ₹ 155.09 Cr
- Company Age 26 Year, 11 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1,050.00 Cr
- Satisfied Charges ₹ 1,314.50 Cr
- Revenue Growth 104.94%
- Profit Growth 252.62%
- Ebitda 10.09%
- Net Worth 8.14%
- Total Assets 36.15%
About Mahindra Lifespace Developers
Mahindra Lifespace Developers Limited (MLDL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 March 1999 and has a history of 26 years. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532313 and on the National Stock Exchange(NSE) under MAHLIFE.
The Corporate was formerly known as Gesco Corporation Private Limited. The Company is engaged in the Infrastructure And Utilities Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 300.00 Cr and a paid-up capital of Rs 155.09 Cr.
The company currently has active open charges totaling ₹1,050.00 Cr. The company has closed loans amounting to ₹1,314.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Mahindra Lifespace Developers Limited India are Avinash Bapat as Cfo, Bijal Parmar as Company Secretary, and Amit Sinha as Ceo. Ameet Hariani, Milind Kulkarni, Anuj Puri, and Five other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
Industry
Infrastructure and Utilities
Real Estate and Construction
What products or services does Mahindra Lifespace Developers Limited offer?
Mahindra Lifespace Developers Limited offers a wide range of products and services, including Real Estate Services, Real Estate Developer, Residential Property, Residential Property Rentals.
Who are the key members and board of directors at Mahindra Lifespace Developers?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Avinash Bapat  | CFO | 16-May-2024 | Current |
| Amit Sinha | Managing Director | 23-Feb-2023 | Current |
| Bijal Parmar | Company Secretary | 22-Nov-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Milind Kulkarni | Director | 29-Jul-2024 | Current |
Anish Shah  | Director | 28-Aug-2015 | Current |
| Amrita Chowdhury | Director | 13-Aug-2019 | Current |
| Ameet Hariani | Director | 04-Sep-2017 | Current |
| Anuj Puri | Director | 03-Nov-2022 | Current |
| Asha Kharga | Director | 13-May-2022 | Current |
Financial Performance of Mahindra Lifespace Developers.
Mahindra Lifespace Developers Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 104.94% increase. The company also saw a substantial improvement in profitability, with a 252.62% increase in profit. The company's net worth moved up by a moderate rise of 8.14%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mahindra Lifespace Developers?
In 2023, Mahindra Lifespace Developers had a promoter holding of 51.28% and a public holding of 48.71%. The company had 16 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Nbs International LimitedAsha Kharga is a mutual person
Mahindra Happinest Developers LimitedAmrita Chowdhury and Amit Sinha are mutual person
Mahindra Educational InstitutionsMilind Kulkarni is a mutual person
Homexchange Private LimitedAnuj Puri is a mutual person
Zf Commercial Vehicle Control Systems India LimitedAmrita Chowdhury is a mutual person
Fifth Gear Ventures LimitedAmit Sinha is a mutual person
Charges (Loans)
Open Charges
₹1,050.00 Cr
Satisfied Charges
₹1,314.50 Cr
Charges Breakdown by Lending Institutions
- Others : 1025.00 Cr
- Yes Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Nov 2024 | Others | ₹225.00 Cr | Open |
| 11 Mar 2024 | Others | ₹500.00 Cr | Open |
| 03 Jan 2024 | Others | ₹300.00 Cr | Open |
| 29 May 2010 | Yes Bank Limited | ₹25.00 Cr | Open |
| 23 Jun 2020 | Others | ₹200.00 Cr | Satisfied |
How Many Employees Work at Mahindra Lifespace Developers?
Mahindra Lifespace Developers has a workforce of 480 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mahindra Lifespace Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mahindra Lifespace Developers's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Mahindra Lifespace Developers
Recent activity within the organization
- Charges
A charge with Others amounted to Rs. 225.00 Cr with Charge ID 101000698 was registered on 08 Nov 2024.
- Director Appointment
Milind Vasant Kulkarni was appointed as a Director was appointed as a Director on 29 Jul 2024 & has been associated with this company since 7 months 28 days .
- Annual General Meeting
Mahindra Lifespace Developers Limited last Annual general meeting of members was held on 24 Jul 2024 as per latest MCA records.
- Director Appointment
Avinash Ashok Bapat was appointed as a Cfo was appointed as a Cfo on 16 May 2024 & has been associated with this company since 10 months 10 days .
- Balance Sheet
Mahindra Lifespace Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 500.00 Cr with Charge ID 100887480 was registered on 11 Mar 2024.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Mahindra Lifespace Developers Limited?
Mahindra Lifespace Developers Limited was incorporated on 16 Mar 1999.
What is authorized share capital and paid-up capital of Mahindra Lifespace Developers Limited?
The authorized share capital of Mahindra Lifespace Developers Limited is ₹ 300.00 Cr and paid-up capital is ₹ 155.09 Cr.
Who are the current board members & directors of Mahindra Lifespace Developers Limited?
Currently 11 directors are associated with Mahindra Lifespace Developers Limited.
- Avinash Ashok Bapat
- Ameet Pratapsinh Hariani
- Milind Vasant Kulkarni
- Anuj Puri
- Amrita Verma Chowdhury
- Anish Dilip Shah
- Amit Kumar Sinha
- Bijal Bharat Parmar
- Amit Kumar Sinha
- Asha Parthasarathi Kharga
- Rucha Nanavati
What is the registered address of Mahindra Lifespace Developers Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Mahindra Lifespace Developers Limited is Mahindra Towers5Th Fl Rd No 13 Worli India, Mumbai, Maharashtra, 400018.
What is the corporate identification number (CIN) and company number of Mahindra Lifespace Developers Limited?
The corporate identification number (CIN) of Mahindra Lifespace Developers Limited is L45200MH1999PLC118949 and the company number is 118949 as per Ministry of Corporate Affairs (MCA).
Is Mahindra Lifespace Developers Limited registered with any stock exchange in India?
Yes, Mahindra Lifespace Developers Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAHLIFE.
What is the official website of Mahindra Lifespace Developers Limited?
The Official website of Mahindra Lifespace Developers Limited is https://www.mahindralifespaces.com
What has been the recent revenue trend for Mahindra Lifespace Developers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Mahindra Lifespace Developers Limited has risen by 104.94%.
How many employees does Mahindra Lifespace Developers Limited currently have?
As Per 2023 financial reports, 480 employees are currently employed by Mahindra Lifespace Developers Limited.
What change has been observed in the net worth of Mahindra Lifespace Developers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Mahindra Lifespace Developers Limited has experienced an upsurge of 8.14%.
What are the total open charges for Mahindra Lifespace Developers Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Mahindra Lifespace Developers Limited amount to ₹ 1,050.00 Cr.
When was the last Balance Sheet of Mahindra Lifespace Developers Limited filed with the ROC?
The most recent Balance Sheet for Mahindra Lifespace Developers Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Shailesh HaribhaktiDirector
Pawan MalhotraManaging Director
Durgashankar SubramaniamDirector
Arvind SubramanianManaging Director
Anita ArjundasManaging Director
Anil HarishDirectorAN
Arun NandaDirectorUP
Uday PhadkeDirector