
Gramercy Property Holdings Private Limited
About Gramercy Property Holdings Private Limited
Data last updated:
Gramercy Property Holdings Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70100PN2017PTC199048. Its GSTIN is 27AAECE7058F1ZK (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.02 Lakh. It was formerly known as Estela Enterprises Private Limited. It is led by directors including Ashish Ashok Nagvekar and Dhruv Moza.
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 S.No. 191A/2A/1/2 Cts No. 2175 Part Tech Part One Airport Road, Pune, Maharashtra, India – 411006.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.28 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹11 Cr (net margin -118.5%) and EBITDA of ₹3.35 Cr (EBITDA margin 36.1%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 102% over five years.
Its group structure includes 3 subsidiaries.
Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in March 2021. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis) are compared by revenue, 1 larger and 2 smaller; the largest is Butterfly Dealers Pvt Ltd with revenue of ₹9.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Gramercy Property Holdings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U70100PN2017PTC199048, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100PN2017PTC199048 | Current |
| U70100MH2017PTC297014 | Previous |
| U72900MH2017PTC297014 | Previous |
Contact details
Gramercy Property Holdings Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS.No. 191A/2A/1/2 Cts No. 2175 Part Tech Part One Airport Road, Pune, Maharashtra, India – 411006
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Gramercy Property Holdings 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 Gramercy Property Holdings Private Limited
FY 2025 filings availableGramercy Property Holdings Private Limited reported revenue of ₹9.28 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 102%. EBITDA fell 94% 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 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 | ₹3.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 36.1% | ||||
| Net Profit Margin | -118.5% | ||||
| 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 Gramercy Property Holdings Private Limited, buy the company report.
Board of directors of Gramercy Property Holdings Private Limited
Gramercy Property Holdings has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Ashok Nagvekar Also directs: Transversal Data Solutions Private Limited, Nexcore Data Centers Private Limited, Logolepsy Reality LLP and 2 more | Director | 10 Dec 2024 | 1 Years 10 Months | Current |
| Dhruv Moza Also directs: Gramercy Enterprise Private Limited, Panchshil Edutech Private Limited, Gramercy Business Hub Private Limited and 5 more | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
| Pradeep Meghraj Banthia Also directs: BK Tetrapartners LLP, Hinjewadi Techpark Private Limited, Vandit Developers (India) Private Limited and 5 more | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Gramercy Property Holdings Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Butterfly Dealers Pvt Ltd | ₹9.28 Cr (FY 2024) | 89.0% | Howrah, West Bengal, India | |||
| Gramercy Property Holdings Private Limitedthis company | ₹9.28 Cr (FY 2025) | -₹11 Cr | -118.5% | -18.0% | Pune, Maharashtra, India | |
| Surya Real Infra Private Limited | ₹9.28 Cr (FY 2024) | -58.0% | Ahmedabad, Gujarat, India | |||
| Myna Homes Private Limited | ₹9.27 Cr (FY 2024) | 73.0% | New Delhi, Delhi, India |
To see the full peer comparison of Gramercy Property Holdings Private Limited, buy the company report.
Auditor
Gramercy Property Holdings Private Limited is audited by GKDJ & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GKDJ & Associates | FY 2023 | 134509W |
Shareholding
The shareholding of Gramercy Property Holdings 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 Gramercy Property Holdings Private Limited, buy the company report.
Deals & funding
Gramercy Property Holdings Private Limited has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in March 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2021 | Rights issue | ₹1.3 Lakh | Investors: an individual |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: Ocean Investments Private Trust Seller: an individual |
| Jan 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Gramercy Property Holdings Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gramercy Property Holdings Private Limited has 5 court cases on record: 2 filed by Gramercy Property Holdings, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Coromandel International Ltd and Other and 13 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against State of Maharashtra Through the Secretary, Dept. of Industries and Anr and 1 other | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by The State of Maharashtra | Disposed |
To see the full case history of Gramercy Property Holdings 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 Gramercy Property Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gramercy Property Holdings has 3 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| P-One Techpark Private Limited | U45201PN2019PTC188216 | |
| Gramercy Info Park Private Limited | U45309PN2022PTC209951 | |
| Coopers Information Technology Services Private Limited | U70100PN2004PTC019501 |
To see the full group structure of Gramercy Property Holdings Private Limited, buy the company report.
GST
Gramercy Property Holdings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECE7058F1ZK | Maharashtra | Active | 13 Jan 2021 |
To see the full GST registrations and return filing status of Gramercy Property Holdings Private Limited, buy the company report.
Recent activity
Gramercy Property Holdings Private Limited has 10 board changes on record since 2020: 3 appointments and 7 cessations. The latest: Ashish Ashok Nagvekar was appointed as Director on 10 Dec 2024.
1 earlier event is in the company report.
Frequently asked questions
Gramercy Property Holdings is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 July 2017 (9+ years old) and is registered under CIN U70100PN2017PTC199048.
Gramercy Property Holdings has 3 current directors:
- Ashish Ashok Nagvekar - Director
- Dhruv Moza - Director
- Pradeep Meghraj Banthia - Director
The latest financial statements of Gramercy Property Holdings 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 FY 2018 are in the company report.
The GSTIN of Gramercy Property Holdings is 27AAECE7058F1ZK, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gramercy Property Holdings is U70100PN2017PTC199048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gramercy Property Holdings has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
Gramercy Property Holdings was incorporated on 06 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Gramercy Property Holdings has 7 deals on record (6 secondary share transfers, 1 rights issue); the latest was in March 2021.
The peers of Gramercy Property Holdings by revenue are Butterfly Dealers Pvt Ltd, Surya Real Infra Private Limited, Myna Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities on fee or contract basis).
Ashish Ashok Nagvekar was appointed as Director on 10 Dec 2024. Parag Sanjay Shidhaye ceased to be Director on 16 Sep 2023. Dhruv Moza ceased to be Additional Director on 29 Oct 2021. Gramercy Property Holdings has 10 board changes on record in total.
The registered office of Gramercy Property Holdings is at S.No. 191A2A12 Cts No. 2175 Part Tech Part One Airport Road, Pune, Maharashtra, India – 411006.

