Gold Croft Property Private Limited
About Gold Croft Property Private Limited
Data last updated:
Gold Croft Property Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate financing segment of the financial services sector. It was incorporated on 17 November 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC165618.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as First Land Developers Private Limited. It was led by directors including Muthuswamy Santhanam and Nilesh Arjun Pandere.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 5th Floor Bhupati Chambers 13 Mathews Road Charni Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2017, the company reported a revenue of ₹12 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹54.96 Lakh (net margin -458%) and EBITDA of -₹18.54 Lakh (EBITDA margin -154.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years.
Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.
Company details
Contact details
Gold Croft Property Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address5th Floor Bhupati Chambers 13 Mathews Road Charni Road, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Gold Croft Property 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 Gold Croft Property is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Gold Croft Property Private Limited, buy the company report.
Financials of Gold Croft Property Private Limited
FY 2017 filings availableGold Croft Property Private Limited reported revenue of ₹12 Lakh (up 33% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 7%. EBITDA rose 19% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹12 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹18.54 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹54.96 Lakh | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -154.5% | ||
| Net Profit Margin | -458% | ||
| 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 Gold Croft Property Private Limited, buy the company report.
Board of directors of Gold Croft Property Private Limited
Gold Croft Property has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthuswamy Santhanam Also directs: Abg Motors Limited, Aries Management Services Private Limited, Tirupati Landmark Private Limited and 1 more | Director | 30 Apr 2012 | 14 Years 6 Months | As last reported |
| Kavil Ramesh Jaygadkar Also directs: Baba Gangaram Investment Services Private Limited | Additional Director | 31 Aug 2018 | 8 Years 2 Months | As last reported |
| Sandeep Ramchandra Kasare | Additional Director | 31 Aug 2018 | 8 Years 2 Months | As last reported |
| Nilesh Arjun Pandere Also directs: Abg Motors Limited, Aries Management Services Private Limited, Tirupati Landmark Private Limited and 3 more | Director | 21 Mar 2009 | 17 Years 7 Months | As last reported |
Peer comparison
Gold Croft Property Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gold Croft Property Private Limitedthis company | ₹12 Lakh (FY 2017) | -₹54.96 Lakh | -458% | 33.0% | Mumbai, Maharashtra, India | |
| Pride Towel Manufacturers Private Limited | ₹12 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Anand Township (Indore) Private Limited | ₹12 Lakh (FY 2025) | 33.0% | Indore, Madhya Pradesh, India | |||
| Neelgagan Impex Private Limited | ₹12 Lakh (FY 2024) | Delhi, India |
To see the full peer comparison of Gold Croft Property Private Limited, buy the company report.
Auditor
Gold Croft Property Private Limited is audited by S.M. Bhat & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.M. Bhat & Associates | FY 2017 | 131347W |
Shareholding
The shareholding of Gold Croft Property Private Limited is on record for FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gold Croft Property Private Limited, buy the company report.
Legal cases
Gold Croft Property Private Limited has 6 court cases on record: 3 filed by Gold Croft Property, 3 filed against it. 3 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 2 | 0 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (APEAL) | Filed by the company against an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PMLA) | Filed against the company by Director of Enforcement Gov of India Through Assistant Director | Disposed |
| NCLT, Mumbai | Appeal | Filed by the company against Registrar of Companies | Disposed |
To see the full case history of Gold Croft Property 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 Gold Croft Property Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gold Croft Property Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gold Croft Property Private Limited has 10 board changes on record since 2009: 4 appointments and 6 cessations. The latest: Kavil Ramesh Jaygadkar ceased to be Additional Director on 03 Feb 2020.
1 earlier event is in the company report.
Frequently asked questions
Gold Croft Property has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Gold Croft Property was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 17 November 2006 and is registered under CIN U45201MH2006PTC165618. The company has been struck off by the Registrar of Companies and is no longer operational.
Gold Croft Property had 4 directors:
- Muthuswamy Santhanam - Director
- Kavil Ramesh Jaygadkar - Additional Director
- Sandeep Ramchandra Kasare - Additional Director
- Nilesh Arjun Pandere - Director
The CIN (Corporate Identification Number) of Gold Croft Property is U45201MH2006PTC165618. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gold Croft Property is at 5th Floor Bhupati Chambers 13 Mathews Road Charni Road, Mumbai, Maharashtra, India – 400004.
Gold Croft Property was incorporated on 17 November 2006. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Gold Croft Property on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
Gold Croft Property operated in the financial services industry, in the real estate financing segment. It worked in this industry before it was struck off.
The peers of Gold Croft Property by revenue are Pride Towel Manufacturers Private Limited, Anand Township (Indore) Private Limited, Neelgagan Impex Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Gold Croft Property has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.
Kavil Ramesh Jaygadkar ceased to be Additional Director on 03 Feb 2020. Kavil Ramesh Jaygadkar was appointed as Additional Director on 31 Aug 2018. Sandeep Ramchandra Kasare was appointed as Additional Director on 31 Aug 2018. Gold Croft Property has 10 board changes on record in total.
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