Ganga Devcon Private Limited
About Ganga Devcon Private Limited
Data last updated:
Ganga Devcon Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 09 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70102MP2010PTC024908. Its GSTIN is 23AAECG1055G1Z3 (Madhya Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pavel Rajani and Harsh Hassanandani.
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 15 Palsikar Colony Prakash Plaza, Indore, Madhya Pradesh, India – 452004.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.12 Cr, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹5.67 Lakh (net margin 0.9%) and EBITDA of ₹94.71 Lakh (EBITDA margin 15.5%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record. 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
Ganga Devcon Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address15 Palsikar Colony Prakash Plaza, Indore, Madhya Pradesh, India – 452004
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Ganga Devcon 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 Ganga Devcon 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 Ganga Devcon Private Limited, buy the company report.
Financials of Ganga Devcon Private Limited
FY 2024 filings availableGanga Devcon Private Limited reported revenue of ₹6.12 Cr (up 84% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 84% growth in the latest year. EBITDA fell 9% 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 | ₹94.71 Lakh | ||||
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| Net Profit (PAT) | ₹5.67 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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| Profitability | |||||
| EBITDA Margin | 15.5% | ||||
| Net Profit Margin | 0.9% | ||||
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To see the full financial statements and ratios of Ganga Devcon Private Limited, buy the company report.
Board of directors and KMP of Ganga Devcon Private Limited
Ganga Devcon Private Limited currently reports 3 directors and 1 key managerial person. 3 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavel Rajani | Director | 10 Apr 2017 | 9 Years 6 Months | Current |
| Vinod Hassanandani Also directs: White Pearl Hospitality LLP, KGV Developers LLP, V4 Projects (India) Private Limited and 1 more | Ceo | 01 Jul 2019 | 7 Years 3 Months | Current |
| Harsh Hassanandani Also directs: KGV Developers LLP | Director | 03 Sep 2019 | 7 Years 1 Months | Current |
| Harish Mangalani | Director | 10 Dec 2010 | 15 Years 10 Months | Current |
Auditor
Ganga Devcon Private Limited is audited by ANIL KAMAL GARG & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL KAMAL GARG & COMPANY | FY 2023 | 004186C |
Shareholding
The shareholding of Ganga Devcon Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ganga Devcon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2022 | 100562778 | Others | ₹50 Lakh | Open | |
| 31 Jan 2022 | 100562779 | Others | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Ganga Devcon Private Limited has 1 court case on record: 1 filed by Ganga Devcon. 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, Dewas, Madhya Pradesh | Court case (RCS A) | Filed by the company against individuals | Disposed |
To see the full case history of Ganga Devcon 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 Ganga Devcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ganga Devcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECG1055G1Z3 | Madhya Pradesh | Active | 15 Feb 2019 |
To see the full GST registrations and return filing status of Ganga Devcon Private Limited, buy the company report.
Recent activity
Ganga Devcon Private Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Harsh Hassanandani was appointed as Director on 03 Sep 2019.
Frequently asked questions
Ganga Devcon is an active private limited company based in Indore, Madhya Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 09 December 2010 (16+ years old) and is registered under CIN U70102MP2010PTC024908.
Ganga Devcon has 4 current directors and KMP:
- Pavel Rajani - Director
- Harsh Hassanandani - Director
- Harish Mangalani - Director
- Vinod Hassanandani - Ceo
The latest financial statements of Ganga Devcon 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 Ganga Devcon is 23AAECG1055G1Z3, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Ganga Devcon is U70102MP2010PTC024908. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ganga Devcon has 1 court case on record: 1 filed by the company.
Ganga Devcon was incorporated on 09 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Gwalior.
Harsh Hassanandani was appointed as Director on 03 Sep 2019. Vinod Hassanandani was appointed as CEO on 01 Jul 2019. Vinod Hassanandani ceased to be Director on 24 May 2019. Ganga Devcon has 7 board changes on record in total.
The registered office of Ganga Devcon is at 15 Palsikar Colony Prakash Plaza, Indore, Madhya Pradesh, India – 452004.
Ganga Devcon operates in the real estate industry, in the real estate leasing segment.