About Semplice Corporate Solutions Private Limited
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Semplice Corporate Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Piramal Glass Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2011PTC219815. Its GSTIN is 27AAJCA7980P1ZR (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3,002 Cr and a paid-up capital of ₹291.63 Cr. It was formerly known as Aasan Developers & Constructions Private Limited. It is led by directors Sunilkumar Jagdishprasad Adukia and Vinod Damodar Gadaiya.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Piramal Tower Peninsula Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹105.12 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹70 Cr (net margin -66.6%) and EBITDA of ₹66.17 Cr (EBITDA margin 62.9%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 36% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹5,958 Cr on record. Court records list 15 cases involving the company, including 7 filed by the company and 7 filed against it; 8 cases are pending. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.62 Cr; the latest was in September 2022. Its 10 peer companies in the BFSI industry (Broking Services, Real Estate Leasing) are compared by revenue, 5 larger and 5 smaller; the largest is Pallas Fincap Private Limited with revenue of ₹106.41 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piramal.com.
Name History of Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions has undergone 2 name changes throughout its history. The company was previously known as Aasan Developers & Constructions Private Limited, and Semplice Corporate Solutions Private Limited. The current legal name is Semplice Corporate Solutions Private Limited.
| Company Name | Status |
|---|---|
| Semplice Corporate Solutions Private Limited | Current |
| Aasan Developers & Constructions Private Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address1st Floor Piramal Tower Peninsula Corporate Park, Ganpatrao Kadam Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Real Estate Financing, Brokerage & Trading Services
- 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 Semplice Corporate Solutions Private Limited
The main business activities of Semplice Corporate Solutions are real estate, trade and financial and insurance service. In detail, this covers real estate activities with own or leased property, wholesale trading and other financial activities. 3 activity segments are registered with the MCA.
| 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 |
| G | Trade | G1 | Wholesale Trading | Locked |
| K | Financial and insurance Service | K8 | Other financial activities | 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 Semplice Corporate Solutions Private Limited FY 2024 filings available
Semplice Corporate Solutions Private Limited reported revenue of ₹105.12 Cr (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Semplice Corporate Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years, including a 92% fall in the latest year. EBITDA fell 89% 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 of Semplice Corporate Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹66.17 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹70 Cr | •••• | •••• | •••• | •••• |
| 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 Semplice Corporate Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -66.6% | •••• | •••• | •••• | •••• |
| 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 Semplice Corporate Solutions are in the company report.
Financial statements from 2015
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 Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunilkumar Jagdishprasad Adukia | Director | 08 Aug 2016 | 10 Years 2 Months | Current |
| Vinod Damodar Gadaiya Also directs: PRPL Enterprises Private Limited, Indiaventure Advisors Private Limited, Pel Management Services Private Limited and 3 more | Director | 09 Sep 2024 | 2 Years 1 Months | Current |
Peer Comparison of Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services, Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pallas Fincap Private Limited | ₹106.41 Cr (FY 2025) | •••• | •••• | -81.0% | •••• | Surat, Gujarat, India |
| Mindset Securities Private Limited | ₹105.98 Cr (FY 2019) | •••• | •••• | -72.0% | •••• | Mumbai, Maharashtra, India |
| Parinita Investments Private Limited | ₹105.87 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Utique Enterprises Limited Listed | ₹105.62 Cr (FY 2025) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| N-3 Shares and Stock Vision Private Limited | ₹105.23 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Raipur, Chhattisgarh, India |
| Semplice Corporate Solutions Private Limited this company | ₹105.12 Cr (FY 2025) | •••• | •••• | -92.0% | •••• | Mumbai, Maharashtra, India |
| Isprout Business Centre Private Limited | ₹104.96 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Hyderabad, Telangana, India |
| Bonie Enclave Private Limited | ₹104.52 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Howrah, West Bengal, India |
| M S Ramaiah Developers and Builders Private Limited | ₹104.51 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Arnon Builders & Developers Private Limited | ₹104.49 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Cholamandalam Securities Limited | ₹104.44 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Semplice Corporate Solutions by revenue in the BFSI industry (Broking Services, Real Estate Leasing), 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 Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions Private Limited is audited by Mayur Khandelwal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Mayur Khandelwal & Co. | 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 Semplice Corporate Solutions 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 Semplice Corporate Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2021 | Others | ₹467 Cr | Satisfied |
| 25 Sep 2020 | Others | ₹140 Cr | Satisfied |
| 13 Jun 2019 | Yes Bank Limited | ₹850 Cr | Satisfied |
| 11 Apr 2019 | Idbi Trusteeship Services Limited | ₹350 Cr | Satisfied |
| 11 Apr 2019 | Idbi Trusteeship Services Limited | ₹100 Cr | Satisfied |
Total charge records: 19 View all charges
Deals & Funding of Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions Private Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.62 Cr; the latest was in September 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Piramal Glass Private Limited Seller: The Sri Govinda Trust, Alpex Holdings Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: The Sri Govinda Trust Seller: Alpex Holdings Private Limited |
| Jan 2016 | Funding round | ₹1.51 Cr | Investors: Alpex Holdings Private Limited , Alpex Holdings Private Limited & Swati A Piramal, Alpex Holdings Private Limited & Ajay G Piramal |
| Nov 2014 | Secondary share transfer | Undisclosed | Buyer: Alpex Holdings Private Limited , Alpex Holdings Private Limited & Ajay G Piramal, Alpex Holdings Private Limited & Swati A Piramal Seller: Piramal Real Estates Private Limited , Thoughtful Realtors Private Limited , PRL Developers Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Piramal Real Estates Private Limited , PRL Developers Private Limited Seller: Thaler Developers Private Limited |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions Private Limited has 15 court cases on record: 7 filed by Semplice Corporate Solutions, 7 filed against it, 1 where it is another party. 8 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 1 |
| NCLAT | 6 | 6 | 6 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Publicity Society of India Private Limited | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 6 Mumbai | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LEC) | Filed by the company against an individual | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, New Delhi | Court case (Caveat) | Filed against the company by an individual | Pending |
Full case history
All 15 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 Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions Private Limited has a workforce of 29 employees as of Mar 28, 2024.
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.
Group Structure of Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions Private Limited has 12 board changes on record since 2012: 2 appointments and 10 cessations. The latest: Vinod Damodar Gadaiya ceased to be Additional Director on 29 Sep 2024.
43 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Semplice Corporate Solutions 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 Semplice Corporate Solutions 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 Semplice Corporate Solutions 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 Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCA7980P1ZR | Maharashtra | Active | 01 Jul 2017 |
| 24AAJCA7980P1ZX | Gujarat | Active | 21 Dec 2017 |
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 Semplice Corporate Solutions 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 Semplice Corporate Solutions Private Limited
Semplice Corporate Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 July 2011 (15+ years old) and is registered under CIN U70102MH2011PTC219815.
Semplice Corporate Solutions reported revenue of ₹105.12 Cr for FY 2025 (down 92% YoY).
Semplice Corporate Solutions has 2 current directors:
- Sunilkumar Jagdishprasad Adukia - Director
- Vinod Damodar Gadaiya - Director
Semplice Corporate Solutions reported a net loss of ₹70 Cr (net margin -66.6%) and EBITDA of ₹66.17 Cr (EBITDA margin 62.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Semplice Corporate Solutions is -26% over three years and -36% over five years. In the latest year (FY 2025) revenue fell 92%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Semplice Corporate Solutions is 27AAJCA7980P1ZR, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAJCA7980P1ZX (Gujarat).
The CIN (Corporate Identification Number) of Semplice Corporate Solutions is U70102MH2011PTC219815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Semplice Corporate Solutions has 15 court cases on record: 7 filed by the company and 7 filed against it. 8 are pending. Most are in the high courts.
Semplice Corporate Solutions was incorporated on 14 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Semplice Corporate Solutions has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹1.62 Cr; the latest was in September 2022.
The peers of Semplice Corporate Solutions by revenue are Pallas Fincap Private Limited, Mindset Securities Private Limited, Parinita Investments Private Limited, Utique Enterprises Limited, N-3 Shares and Stock Vision Private Limited and 5 more, all in the BFSI industry (Broking Services, Real Estate Leasing).