Able Properties Limited
About Able Properties Limited
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Able Properties Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Boon Infotech Systems Limited. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 23 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PLC080530. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹42 Lakh and a paid-up capital of ₹42 Lakh. It is led by directors including Ameet Shantikumar Gandhi and Rupa Ameet Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10 4th Flr Palmira 3A – 3B Altamount Road, Mumbai, Maharashtra, India – 400026.
As per the financials filed for FY 2025, the company reported a revenue of ₹40,000. For the same year it recorded a net loss of ₹5.57 Lakh and EBITDA of -₹5.71 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 10% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Able Properties Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered Address10 4th Flr Palmira 3A – 3B Altamount Road, Mumbai, Maharashtra, India – 400026
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Able Properties 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 Able Properties Limited
FY 2025 filings availableAble Properties Limited reported revenue of ₹40,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years. 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
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| EBITDA | -₹5.71 Lakh | ||||
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| Net Profit (PAT) | -₹5.57 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Able Properties Limited, buy the company report.
Board of directors of Able Properties Limited
Able Properties has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ameet Shantikumar Gandhi Also directs: Aapy Agritech (OPC) Private Limited, Blue Point Credit Capital Private Limited, Axcess Investments Private Limited and 3 more | Director | 23 Aug 1994 | 32 Years 2 Months | Current |
| Rupa Ameet Gandhi Also directs: Boon Infotech Systems Limited | Director | 23 Aug 1994 | 32 Years 2 Months | Current |
| Raj Ameet Gandhi Also directs: Blue Point Credit Capital Private Limited, Axcess Investments Private Limited, Boon Infotech Systems Limited and 1 more | Additional Director | 27 Sep 2017 | 9 Years 0 Months | Current |
Auditor
Able Properties Limited is audited by DESHMUKH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESHMUKH & ASSOCIATES | FY 2017 | 102375W |
Shareholding
The shareholding of Able Properties Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Able Properties Limited, buy the company report.
Legal cases
Able Properties Limited has 1 court case on record: 1 filed by Able Properties. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against an individual | Disposed |
To see the full case history of Able Properties 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 Able Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Able 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 Able Properties Limited, buy the company report.
Recent activity
Able Properties Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Pranav Shantikumar Gandhi ceased to be Director on 27 Sep 2017.
Frequently asked questions
Able Properties is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 23 August 1994 (32+ years old) and is registered under CIN U45200MH1994PLC080530.
Able Properties has 3 current directors:
- Ameet Shantikumar Gandhi - Director
- Rupa Ameet Gandhi - Director
- Raj Ameet Gandhi - Additional Director
The latest financial statements of Able Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Able Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Able Properties is U45200MH1994PLC080530. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Able Properties has 1 court case on record: 1 filed by the company.
Able Properties was incorporated on 23 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Pranav Shantikumar Gandhi ceased to be Director on 27 Sep 2017. Raj Ameet Gandhi was appointed as Additional Director on 27 Sep 2017. Ameet Shantikumar Gandhi was appointed as Director on 23 Aug 1994. Able Properties has 4 board changes on record in total.
The registered office of Able Properties is at 10 4th Flr Palmira 3A – 3B Altamount Road, Mumbai, Maharashtra, India – 400026.
Able Properties operates in the real estate industry, in the real estate leasing segment.