Grassroot Properties Private Limited
About Grassroot Properties Private Limited
Data last updated:
Grassroot Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2017PTC298143. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arti Sunil Asrani and Sunil Kushak Asrani.
Its last annual general meeting (AGM) was held on 06 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No.702 B 7th Floor Shikhar Kunj Upper Govind Nagar Malad (East), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2019, the company reported a revenue of ₹55.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 5.6%) and EBITDA of ₹4.2 Lakh (EBITDA margin 7.6%).
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressFlat No.702 B 7th Floor Shikhar Kunj Upper Govind Nagar Malad (East), Mumbai, Maharashtra, India – 400097
- IndustryReal Estate, Real Estate Leasing
- 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 Grassroot Properties Private Limited
The main business activity of Grassroot Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 Grassroot Properties Private Limited FY 2019 filings available
Grassroot Properties Private Limited reported revenue of ₹55.35 Lakh (up 288% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Grassroot Properties Private Limited
Revenue rose 288% in the latest year. EBITDA rose 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Grassroot Properties Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹55.35 Lakh | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹4.2 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹3.07 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 of Grassroot Properties Private Limited
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.6% | •••• |
| Net Profit Margin | 5.6% | •••• |
| 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 Grassroot Properties are in the company report.
Financial statements from FY 2018
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 Grassroot Properties Private Limited
Grassroot Properties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arti Sunil Asrani | Director | 02 Aug 2017 | 9 Years 2 Months | Current |
| Sunil Kushak Asrani | Director | 09 Jan 2020 | 6 Years 9 Months | Current |
Peer Comparison of Grassroot Properties Private Limited
Grassroot Properties 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 |
|---|---|---|---|---|---|---|
| Headway Premier Induspark Private Limited | ₹55.4 Lakh (FY 2025) | •••• | •••• | 752.0% | •••• | Chennai, Tamil Nadu, India |
| Subway Modern Developers Private Limited | ₹55.39 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Garg Enterprises Private Limited. | ₹55.38 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Uttar Pradesh, India |
| Brickmix Developers Private Limited | ₹55.38 Lakh (FY 2025) | •••• | •••• | 167703.0% | •••• | Pune, Maharashtra, India |
| Kashi Sons Developer Private Limited | ₹55.36 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Patna, Bihar, India |
| Grassroot Properties Private Limited this company | ₹55.35 Lakh (FY 2019) | •••• | •••• | 288.0% | •••• | Mumbai, Maharashtra, India |
| Narayan Dream Builders and Developers Private Limited | ₹55.32 Lakh (FY 2018) | •••• | •••• | -40.0% | •••• | Jaipur, Rajasthan, India |
| Asopalov Builders & Developers Private Limited | ₹55.32 Lakh (FY 2023) | •••• | •••• | -64.0% | •••• | Bhopal, Madhya Pradesh, India |
| Yogi Homes Private Limited | ₹55.31 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Amarpali Infrastructures Private Limited | ₹55.31 Lakh (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| KCB Colonizers Private Limited | ₹55.31 Lakh (FY 2025) | •••• | •••• | 817.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Grassroot Properties 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 Grassroot Properties Private Limited
Grassroot Properties Private Limited is audited by K GALA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K GALA & ASSOCIATES | 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 Grassroot Properties 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 Grassroot Properties Private Limited
Grassroot Properties Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Grassroot Properties Private Limited
Grassroot Properties Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by Advertlabs Technology Private Limited | Disposed |
Full case history
All 1 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 Grassroot Properties Private Limited
Employment history and EPFO contributions of people linked to Grassroot Properties.
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 Grassroot Properties Private Limited
Grassroot Properties Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Anoop Sureshchand Mangal ceased to be Director on 24 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Grassroot Properties 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 Grassroot Properties 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 Grassroot Properties 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 Grassroot Properties Private Limited
Grassroot Properties 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 Grassroot Properties 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.
Frequently Asked Questions about Grassroot Properties Private Limited
Grassroot Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U70200MH2017PTC298143.
Grassroot Properties reported revenue of ₹55.35 Lakh for FY 2019 (up 288% YoY).
Grassroot Properties has 2 current directors:
- Arti Sunil Asrani - Director
- Sunil Kushak Asrani - Director
Grassroot Properties reported a net profit of ₹3.07 Lakh (net margin 5.6%) and EBITDA of ₹4.2 Lakh (EBITDA margin 7.6%) for FY 2019, as per its filed financial statements.
No. Grassroot Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Grassroot Properties is U70200MH2017PTC298143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grassroot Properties has 1 court case on record: 1 filed against it.
Grassroot Properties was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grassroot Properties by revenue are Headway Premier Induspark Private Limited, Subway Modern Developers Private Limited, Garg Enterprises Private Limited, Brickmix Developers Private Limited, Kashi Sons Developer Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Anoop Sureshchand Mangal ceased to be Director on 24 Jan 2020. Sunil Kushak Asrani was appointed as Director on 09 Jan 2020. Arti Sunil Asrani was appointed as Director on 02 Aug 2017.
The registered office of Grassroot Properties is at Flat No.702 B 7th Floor Shikhar Kunj Upper Govind Nagar Malad East, Mumbai, Maharashtra, India – 400097.