Galore Developers Private Limited
About Galore Developers Private Limited
Data last updated:
Galore Developers Private Limited is a private limited company based in Pune, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 December 1990.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101PN1990PTC059617. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Mantri Chandak Developers P Ltd. It is led by directors including Monali Thepade and Ratanalal Babulal Goel (Irp/Rp/Liquidator).
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 4 Vishnuprasad 783/B Erandwane 783/B Erandwane, Pune, Maharashtra, India – 411004.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.5 Cr on record.
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- Registered Address4 Vishnuprasad 783/B Erandwane 783/B Erandwane, Pune, Maharashtra, India – 411004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
CIN History of Galore Developers Private Limited
Galore Developers has one previous CIN (Corporate Identification Number): U70101MH1990PTC059617. The current CIN is U70101PN1990PTC059617, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101PN1990PTC059617 | Current |
| U70101MH1990PTC059617 | Previous |
Business Activity of Galore Developers Private Limited
The main business activity of Galore Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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.
Auditor Details of Galore Developers Private Limited
Galore Developers Private Limited is audited by AMP & Associates for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AMP & Associates | 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.
Board of Directors of Galore Developers Private Limited
Galore Developers has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monali Thepade Also directs: Mitsom Enterprises Private Limited | Director | 17 Dec 2018 | 7 Years 9 Months | As last reported |
| Ratanalal Babulal Goel Also directs: Persistent Insolvency Professionals Private Limited | Irp/Rp/Liquidator | 27 Aug 2024 | 2 Years 1 Months | As last reported |
| Sheetal Chandrakant Deshmukhe Also directs: Galaxy Vastu Private Limited | Director | 17 Dec 2020 | 5 Years 9 Months | As last reported |
Financials of Galore Developers Private Limited FY 2015 filings available
Galore Developers Private Limited reported revenue of ₹1,200 (down 97.00% YoY) for FY 2015.
Financial Statement Summary of Galore Developers Private Limited
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | •••• |
| Other Income | •••• |
| Total Revenue | ₹1,200 |
| Cost of Materials Consumed | •••• |
| Employee Benefit Expense | •••• |
| Finance Costs | •••• |
| Depreciation and Amortisation | •••• |
| Other Expenses | •••• |
| Total Expenses | •••• |
| EBITDA | •••• |
| Profit Before Tax | •••• |
| Tax Expense | •••• |
| Net Profit (PAT) | •••• |
| 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 Galore Developers Private Limited
| 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 | •••• |
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 Galore Developers 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.
Ownership and Shareholding of Galore Developers 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 Galore Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2013 | Others | ₹28.5 Cr | Open |
| 20 Sep 1996 | Sbi Home Finance Ltd | ₹1 Cr | Open |
| 30 May 1995 | The Vysya Bank Ltd. | ₹2 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Galore Developers Private Limited
Galore Developers Private Limited has a workforce of 9 employees as of Apr 04, 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.
GST Compliance of Galore Developers Private Limited
Galore Developers has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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.
Credit Ratings, Litigation & Regulatory Alerts for Galore Developers 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 Galore Developers 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 Galore Developers 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.
MCA Filings & Documents of Galore Developers 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.
Recent Activity on Galore Developers Private Limited
Frequently Asked Questions about Galore Developers Private Limited
Galore Developers is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Galore Developers is a company under insolvency, formerly operating as a 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 31 December 1990 and is registered under CIN U70101PN1990PTC059617. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Galore Developers has 3 current directors:
- Monali Thepade - Director
- Sheetal Chandrakant Deshmukhe - Director
- Ratanalal Babulal Goel - Irp/Rp/Liquidator
The CIN (Corporate Identification Number) of Galore Developers is U70101PN1990PTC059617. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Galore Developers has open charges of ₹31.5 Cr and no satisfied charges on record as per latest MCA filings.
Galore Developers was incorporated on 31 December 1990. It is registered with the Registrar of Companies, Pune.
The registered office of Galore Developers is at 4 Vishnuprasad 783B Erandwane 783B Erandwane, Pune, Maharashtra, India – 411004.
Galore Developers has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh.
No. Galore Developers has 1 GST registration on record and it is cancelled or inactive.