About Golden Gate Ventures Private Limited
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Golden Gate Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45209KA2008PTC047120. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹2 Lakh. It was formerly known as Bangalore Business Parks Private Limited. It is led by directors Sudheer Kumar Devaki and Prasad Rao Pasam.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at 1st Floor Vikas Towers Castle Street Ashok Nagar, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2015, the company reported a revenue of ₹3 Cr. For the same year it recorded a net profit of ₹43.12 Lakh (net margin 14.4%) and EBITDA of ₹63.07 Lakh (EBITDA margin 21%).
The company has about 6 employees on its provident fund (EPFO) records.
Court records list 22 cases involving the company, including 2 filed by the company and 20 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ggventures.in.
Company details
Contact details
Golden Gate Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is ggventures.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address1st Floor Vikas Towers Castle Street Ashok Nagar, Bangalore, Karnataka, India – 560095
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Golden Gate Ventures 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
Financials of Golden Gate Ventures Private Limited
FY 2020 filings availableGolden Gate Ventures Private Limited reported revenue of ₹3 Cr for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹3 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹63.07 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹43.12 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 21% |
| Net Profit Margin | 14.4% |
| 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 Golden Gate Ventures Private Limited, buy the company report.
Board of directors of Golden Gate Ventures Private Limited
Golden Gate Ventures has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudheer Kumar Devaki | Director | 05 Jul 2017 | 9 Years 3 Months | Current |
| Prasad Rao Pasam | Director | 01 Aug 2017 | 9 Years 3 Months | Current |
Auditor
Golden Gate Ventures Private Limited is audited by SHEKAR & RAJASHEKAR for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHEKAR & RAJASHEKAR | FY 2015 | 011287S |
Shareholding
The shareholding of Golden Gate Ventures Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Golden Gate Ventures Private Limited, buy the company report.
Legal cases
Golden Gate Ventures Private Limited has 22 court cases on record: 2 filed by Golden Gate Ventures, 20 filed against it. 2 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 0 |
| High courts | 2 | 0 | 2 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Network Property Management Services Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Network Property Management Services Pvt. Ltd., | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Union of India and 3 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Assistant Provident Fund Commissioner (PD) | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sathya Prema and Co., | Disposed |
To see the full case history of Golden Gate Ventures 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 Golden Gate Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Golden Gate Ventures Private Limited has a workforce of 6 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Golden Gate Ventures has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Golden Gate Ventures Private Limited, buy the company report.
Recent activity
Golden Gate Ventures Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Prasad Rao Pasam ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Golden Gate Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 July 2008 (18+ years old) and is registered under CIN U45209KA2008PTC047120.
Golden Gate Ventures has 2 current directors:
- Sudheer Kumar Devaki - Director
- Prasad Rao Pasam - Director
The latest financial statements of Golden Gate Ventures on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Golden Gate Ventures has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Golden Gate Ventures is U45209KA2008PTC047120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Golden Gate Ventures has 22 court cases on record: 2 filed by the company and 20 filed against it. 2 are pending. Most are in the district courts.
Golden Gate Ventures was incorporated on 10 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Prasad Rao Pasam ceased to be Additional Director on 30 Sep 2017. Sudheer Kumar Devaki ceased to be Additional Director on 30 Sep 2017. Prasad Rao Pasam was appointed as Director on 01 Aug 2017. Golden Gate Ventures has 7 board changes on record in total.
Golden Gate Ventures can be reached through the website ggventures.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Golden Gate Ventures is at 1st Floor Vikas Towers Castle Street Ashok Nagar, Bangalore, Karnataka, India – 560095.
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