Classic Commercial Services Private Limited
About Classic Commercial Services Private Limited
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Classic Commercial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Green-Field Resorts Pvt Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 February 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH1984PTC032148. Its GSTIN is 27AAACC2041G1Z7 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mangesh Paithankar Shrikant and Savitri Deepak Chauhan.
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 Olympia Building Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.93 Lakh, a growth of 45% compared to the previous year. For the same year it recorded a net loss of ₹99.87 Lakh and EBITDA of -₹97.01 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹450 Cr and satisfied charges of ₹2,139.09 Cr on record. Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Classic Commercial Services Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Olympia Building Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Classic Commercial Services 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 Classic Commercial Services Private Limited
FY 2024 filings availableClassic Commercial Services Private Limited reported revenue of ₹9.93 Lakh (up 45% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 45% growth in the latest year. EBITDA rose 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹97.01 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹99.87 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Classic Commercial Services Private Limited, buy the company report.
Board of directors of Classic Commercial Services Private Limited
Classic Commercial Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangesh Paithankar Shrikant | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
| Savitri Deepak Chauhan | Director | 01 Aug 2016 | 10 Years 3 Months | Current |
Auditor
Classic Commercial Services Private Limited is audited by Swati H. Patrawala Proprietor of S.H.Patrawala & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Swati H. Patrawala Proprietor of S.H.Patrawala & Co. | FY 2023 | 39015 |
Shareholding
The shareholding of Classic Commercial Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Classic Commercial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jun 2023 | 100734286 | Others | ₹225 Cr | Open | |
| 01 Jun 2023 | 100733387 | Others | ₹225 Cr | Open | |
| 27 Jun 2018 | 100191794 | Others | ₹1,289.09 Cr | Satisfied | |
| 05 Nov 2014 | 10532159 | Axis Trustee Services Limited | ₹425 Cr | Satisfied | |
| 26 Mar 2014 | 10489010 | Oriental Bank of Commerce | ₹425 Cr | Satisfied |
To see the full charge records of Classic Commercial Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Classic Commercial Services Private Limited has 7 court cases on record: 5 filed by Classic Commercial Services, 2 filed against it. 5 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 5 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against individuals | Pending |
| District court, Raigad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Classic Commercial Services 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 Classic Commercial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Classic Commercial Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACC2041G1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Classic Commercial Services Private Limited, buy the company report.
Recent activity
Classic Commercial Services Private Limited has 10 board changes on record since 2009: 2 appointments and 8 cessations. The latest: Mangesh Paithankar Shrikant ceased to be Additional Director on 17 Sep 2016.
9 earlier events are in the company report.
Frequently asked questions
Classic Commercial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 February 1984 (42+ years old) and is registered under CIN U74999MH1984PTC032148.
Classic Commercial Services has 2 current directors:
- Mangesh Paithankar Shrikant - Director
- Savitri Deepak Chauhan - Director
The latest financial statements of Classic Commercial Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Classic Commercial Services is 27AAACC2041G1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Classic Commercial Services is U74999MH1984PTC032148. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Classic Commercial Services has 7 court cases on record: 5 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Classic Commercial Services was incorporated on 10 February 1984, making it 42+ years old. It is registered with the Registrar of Companies, Mumbai.
Mangesh Paithankar Shrikant ceased to be Additional Director on 17 Sep 2016. Savitri Deepak Chauhan ceased to be Additional Director on 17 Sep 2016. Asha Lakshman Bhatia ceased to be Director on 02 Aug 2016. Classic Commercial Services has 10 board changes on record in total.
The registered office of Classic Commercial Services is at 1st Floor Olympia Building Central Avenue Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076.
Classic Commercial Services operates in the real estate and construction industry, in the real estate builders and developers segment.
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