
G. C. Property Private Limited
About G. C. Property Private Limited
Data last updated:
G. C. Property Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate financing segment of the financial services sector. It was incorporated on 28 August 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70103MH2007PTC173581.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Third Properties Private Limited. It is led by directors including Muthuswamy Santhanam and Nilesh Arjun Pandere.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Bhupati Chambers 5th Floor 13 Mathews Road Charni Road, Mumbai, Maharashtra, India – 400004.
As per the financials filed for FY 2015, the company reported a revenue of ₹17.38 Lakh, a growth of 10% compared to the previous year. For the same year it recorded a net loss of ₹2.12 Cr and EBITDA of -₹1.87 Cr.
As per MCA filings, the company has open charges of ₹30 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 1 case is pending.
Company details
Contact details
G. C. Property Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBhupati Chambers 5th Floor 13 Mathews Road Charni Road, Mumbai, Maharashtra, India – 400004
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of G. C. Property 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 G. C. Property is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of G. C. Property Private Limited, buy the company report.
Financials of G. C. Property Private Limited
FY 2015 filings availableG. C. Property Private Limited reported revenue of ₹17.38 Lakh (up 10% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹17.38 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹1.87 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹2.12 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | |
| Net Profit Margin | |
| 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 G. C. Property Private Limited, buy the company report.
Board of directors of G. C. Property Private Limited
G. C. Property has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Muthuswamy Santhanam Also directs: Abg Motors Limited, Aries Management Services Private Limited, Tirupati Landmark Private Limited and 1 more | Director | 28 Aug 2007 | 19 Years 2 Months | As last reported |
| Kavil Ramesh Jaygadkar Also directs: Baba Gangaram Investment Services Private Limited | Additional Director | 31 Aug 2018 | 8 Years 2 Months | As last reported |
| Sandeep Ramchandra Kasare | Additional Director | 31 Aug 2018 | 8 Years 2 Months | As last reported |
| Nilesh Arjun Pandere Also directs: Abg Motors Limited, Aries Management Services Private Limited, Tirupati Landmark Private Limited and 3 more | Director | 21 Mar 2009 | 17 Years 7 Months | As last reported |
Peer comparison
G. C. Property Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G. C. Property Private Limitedthis company | ₹17.38 Lakh (FY 2015) | -₹2.12 Cr | 10.0% | Mumbai, Maharashtra, India | ||
| Jai Durga Nirman Private Limited | ₹16.53 Lakh (FY 2025) | -20.0% | Kolkata, West Bengal, India | |||
| Rataz Holdings Private Limited | ₹16.53 Lakh (FY 2025) | -12.0% | Coimbatore, Tamil Nadu, India | |||
| Multiple Estate Pvt Ltd | ₹16.48 Lakh (FY 2025) | 79.0% | Kolkata, West Bengal, India | |||
| Sketchy Builders Private Limited | ₹16.47 Lakh (FY 2025) | -9.0% | Kolkata, West Bengal, India |
To see the full peer comparison of G. C. Property Private Limited, buy the company report.
Auditor
G. C. Property Private Limited is audited by RISHABH D JAIN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RISHABH D JAIN & CO | FY 2015 | 125059W |
Shareholding
The shareholding of G. C. Property Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of G. C. Property Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2017 | 100159244 | Others | ₹30 Cr | Open |
Total charge records: 1 View all charges
Legal cases
G. C. Property Private Limited has 6 court cases on record: 1 filed by G. C. Property, 5 filed against it. 1 case is pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 1 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Il and FS Financial Servic Es Ltd. | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against Il and FS Financial Services Limited | Disposed |
| Bombay High Court | Court case (COMSS) | Filed against the company by Il and FS Financial Services Limited | Disposed |
| District court, Central, Delhi | Court case (CBI) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (PMLA) | Filed against the company by Director of Enforcement Gov of India Through Assistant Director | Disposed |
To see the full case history of G. C. Property 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 G. C. Property Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
G. C. Property has 2 associated companies. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for G. C. Property Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
G. C. Property Private Limited has 9 board changes on record since 2007: 4 appointments and 5 cessations. The latest: Kavil Ramesh Jaygadkar ceased to be Additional Director on 03 Feb 2020.
1 earlier event is in the company report.
Frequently asked questions
G. C. Property is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
G. C. Property is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 28 August 2007 and is registered under CIN U70103MH2007PTC173581. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
G. C. Property has 4 current directors:
- Muthuswamy Santhanam - Director
- Kavil Ramesh Jaygadkar - Additional Director
- Sandeep Ramchandra Kasare - Additional Director
- Nilesh Arjun Pandere - Director
The latest financial statements of G. C. Property on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of G. C. Property is U70103MH2007PTC173581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G. C. Property has open charges of ₹30 Cr and no satisfied charges on record as per latest MCA filings.
G. C. Property has 6 court cases on record: 1 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
G. C. Property was incorporated on 28 August 2007. It is registered with the Registrar of Companies, Mumbai.
The peers of G. C. Property by revenue are Jai Durga Nirman Private Limited, Rataz Holdings Private Limited, Multiple Estate Pvt Ltd, Sketchy Builders Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Kavil Ramesh Jaygadkar ceased to be Additional Director on 03 Feb 2020. Kavil Ramesh Jaygadkar was appointed as Additional Director on 31 Aug 2018. Sandeep Ramchandra Kasare was appointed as Additional Director on 31 Aug 2018. G. C. Property has 9 board changes on record in total.
The registered office of G. C. Property is at Bhupati Chambers 5th Floor 13 Mathews Road Charni Road, Mumbai, Maharashtra, India – 400004.

