Gravity Properties Private Limited
About Gravity Properties Private Limited
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Gravity Properties Private Limited was a private limited company based in Bengaluru, Karnataka, 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 general construction services segment of the infrastructure and utilities sector. It was incorporated on 30 September 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2008PTC047909. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Nagamangala Chandrashekar Surya and Susheelamma.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at #1 First Main Chowdappa Layout Hesaraghatta Main Road Bylakere, Bengaluru, Karnataka, India – 560089.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.59 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹26.45 Lakh (net margin 5.8%) and EBITDA of ₹27.01 Lakh (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 351% over three years.
Court records list 51 cases involving the company, including 4 filed by the company and 47 filed against it; 9 cases are pending.
Company details
Contact details
Gravity Properties Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#1 First Main Chowdappa Layout Hesaraghatta Main Road Bylakere, Bengaluru, Karnataka, India – 560089
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Gravity Properties 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 Gravity Properties is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Gravity Properties Private Limited, buy the company report.
Financials of Gravity Properties Private Limited
FY 2018 filings availableGravity Properties Private Limited reported revenue of ₹4.59 Cr (down 20% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 351%. EBITDA rose 13% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.59 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹27.01 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹26.45 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.9% | |||
| Net Profit Margin | 5.8% | |||
| 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 | ||||
To see the full financial statements and ratios of Gravity Properties Private Limited, buy the company report.
Board of directors of Gravity Properties Private Limited
Gravity Properties has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagamangala Chandrashekar Surya | Director | 24 Sep 2014 | 12 Years 1 Months | As last reported |
| Susheelamma | Additional Director | 09 Dec 2014 | 11 Years 11 Months | As last reported |
Peer comparison
Gravity Properties Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ben Foundations Private Limited | ₹4.59 Cr (FY 2023) | Chennai, Tamil Nadu, India | ||||
| CPSK Ventures Private Limited | ₹4.59 Cr (FY 2025) | -5.0% | Mahoba, Uttar Pradesh, India | |||
| Gravity Properties Private Limitedthis company | ₹4.59 Cr (FY 2018) | ₹26.45 Lakh | 5.8% | -20.0% | Bengaluru, Karnataka, India | |
| Secant Construction Private Limited | ₹4.59 Cr (FY 2025) | -81.0% | New Delhi, Delhi, India |
To see the full peer comparison of Gravity Properties Private Limited, buy the company report.
Auditor
Gravity Properties Private Limited is audited by R S S & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S S & CO | FY 2018 | 010957S |
Shareholding
The shareholding of Gravity Properties Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gravity Properties Private Limited, buy the company report.
Legal cases
Gravity Properties Private Limited has 51 court cases on record: 4 filed by Gravity Properties, 47 filed against it. 9 cases are pending and 42 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 37 | 8 |
| High courts | 10 | 10 | 1 |
Cases on record (5 of 51)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| High Court | Court case (CRL.RP) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Gravity Properties 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 Gravity Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gravity Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gravity Properties Private Limited, buy the company report.
Recent activity
Gravity Properties Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Anil Kumar Sinha ceased to be Additional Director on 09 Dec 2014.
Frequently asked questions
Gravity Properties 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.
Gravity Properties was a private limited company based in Bengaluru, Karnataka, India. The company worked in general construction services, within the infrastructure and utilities industry. It was incorporated on 30 September 2008 and is registered under CIN U45200KA2008PTC047909. The company has been struck off by the Registrar of Companies and is no longer operational.
Gravity Properties had 2 directors:
- Nagamangala Chandrashekar Surya - Director
- Susheelamma - Additional Director
The CIN (Corporate Identification Number) of Gravity Properties is U45200KA2008PTC047909. 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 Gravity Properties is at #1 First Main Chowdappa Layout Hesaraghatta Main Road Bylakere, Bengaluru, Karnataka, India – 560089.
Gravity Properties was incorporated on 30 September 2008. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of Gravity Properties on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Gravity Properties has 1 GST registration on record and it is cancelled or inactive.
Gravity Properties operated in the infrastructure and utilities industry, in the general construction services segment. It worked in this industry before it was struck off.
The peers of Gravity Properties by revenue are Ben Foundations Private Limited, CPSK Ventures Private Limited, Secant Construction Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Gravity Properties has 51 court cases on record: 4 filed by the company and 47 filed against it. 9 are pending. Most are in the district courts.
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