Gangetic Developers Private Limited
About Gangetic Developers Private Limited
Data last updated:
Gangetic Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Big Apple Real Estate Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 May 1951 and has been in existence for over 75 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74899MH1951PTC329129. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.99 Cr. It was formerly known as Hind Movies Pvt Ltd. It is led by directors Lalit Jain and Prashant Shriram Khandelwal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O. Market City Resources Pvt. Ltd R Hosiery Shri Laxmi Wollen Mills Estate Mahalaxmi, Mumbai, Maharashtra, India – 400011.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.26 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹99,000 (net margin -78.6%) and EBITDA of -₹99,000 (EBITDA margin -78.6%). Revenue has declined at a compounded annual rate (CAGR) of 82% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹115 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company. The company has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹38.29 Cr; the latest was in February 2017. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Topmost Complex Private Limited with revenue of ₹1.26 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressC/O. Market City Resources Pvt. Ltd R Hosiery Shri Laxmi Wollen Mills Estate Mahalaxmi, Mumbai, Maharashtra, India – 400011
- 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
Financials of Gangetic Developers Private Limited FY 2025 filings available
Gangetic Developers Private Limited reported revenue of ₹1.26 Lakh (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gangetic Developers Private Limited
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 265% 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 of Gangetic Developers Private Limited
| 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 | -₹99,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹99,000 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Gangetic Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -78.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -78.6% | •••• | •••• | •••• | •••• |
| 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 Gangetic 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.
Peer Comparison of Gangetic Developers Private Limited
Gangetic Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Topmost Complex Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Vasishta Avenues Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Hyderabad, Telangana, India |
| Gangetic Developers Private Limited this company | ₹1.26 Lakh (FY 2025) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
| Esbi Abasan Private Limited | ₹1.26 Lakh (FY 2016) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Padma Projects Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Agra, Uttar Pradesh, India |
| Varun Ispat Private Limited | ₹1.26 Lakh (FY 2020) | •••• | •••• | -18.0% | •••• | Kolkata, West Bengal, India |
| Ratnatej Infrastructure Private Limited | ₹1.26 Lakh (FY 2023) | •••• | •••• | 1.0% | •••• | Mansa, Gujarat, India |
| Weddell Realty Private Limited | ₹1.26 Lakh (FY 2024) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Shivpariwar Developers Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Amazing Residency Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
| Everrise Realtors Private Limited | ₹1.26 Lakh (FY 2025) | •••• | •••• | -42.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Gangetic Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gangetic Developers Private Limited
Gangetic Developers Private Limited is audited by A M GHELANI & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A M GHELANI & CO | 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 Gangetic Developers Private Limited
Gangetic Developers has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Jain Also directs: Destiny Retail Mall Developers Private Limited, Orcus Realty Limited, Graceworks Realty & Leisure Private Limited and 5 more | Director | 25 Nov 2022 | 3 Years 10 Months | Current |
| Prashant Shriram Khandelwal Also directs: Upal Developers Private Limited, Mugwort Land Holdings Private Limited, Blackwood Developers Private Limited and 5 more | Director | 09 Feb 2018 | 8 Years 8 Months | Current |
Ownership and Shareholding of Gangetic 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 Gangetic Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Oct 2008 | State Bank of India | ₹115 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Gangetic Developers Private Limited
Gangetic Developers Private Limited has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹38.29 Cr; the latest was in February 2017.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2017 | Secondary share transfer | Undisclosed | Buyer: Big Apple Real Estate Private Limited Seller: Sidhanam Building Products Private Limited , Edelweiss Trustee Services Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Sidhanam Building Products Private Limited Seller: K2A Retail Limited |
| Jan 2011 | Secondary share transfer | Undisclosed | Buyer: Big Apple Real Estate Private Limited Seller: Crest Ventures Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Big Apple Real Estate Private Limited Seller: The Phoenix Mills Limited |
| Jun 2009 | Funding round | ₹3.24 Cr | Investors: Big Apple Real Estate Private Limited , K2A Retail Limited, Edelweiss Trustee Services Private Limited |
Full deal history
All 14 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Gangetic Developers Private Limited
Gangetic Developers Private Limited has 4 court cases on record: 4 filed by Gangetic Developers. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (SPLAD) | Filed by the company against Instalment Corpn Limited | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against State of U.P | Disposed |
| Allahabad High Court | Writ petition | Filed by the company against U.P. Power Corp. Ltd | Disposed |
| Allahabad High Court | Court case (ITRE) | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Gangetic Developers Private Limited
Employment history and EPFO contributions of people linked to Gangetic Developers.
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.
CIN History of Gangetic Developers Private Limited
Gangetic Developers has one previous CIN (Corporate Identification Number): U74899DL1951PTC001959. The current CIN is U74899MH1951PTC329129, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899MH1951PTC329129 | Current |
| U74899DL1951PTC001959 | Previous |
Recent Activity on Gangetic Developers Private Limited
Gangetic Developers Private Limited has 22 board changes on record since 2007: 2 appointments and 20 cessations. The latest: Bhavesh Manilal Gada ceased to be Additional Director on 10 Sep 2024.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gangetic 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 Gangetic 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 Gangetic 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.
GST Compliance of Gangetic Developers Private Limited
Gangetic 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.
MCA Filings & Documents of Gangetic 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.
Frequently Asked Questions about Gangetic Developers Private Limited
Gangetic Developers 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 14 May 1951 (75+ years old) and is registered under CIN U74899MH1951PTC329129.
Gangetic Developers reported revenue of ₹1.26 Lakh for FY 2025 (up 9% YoY).
Gangetic Developers has 2 current directors:
- Lalit Jain - Director
- Prashant Shriram Khandelwal - Director
Gangetic Developers reported a net loss of ₹99,000 (net margin -78.6%) and EBITDA of -₹99,000 (EBITDA margin -78.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gangetic Developers is -82% over three years and -10% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
No. Gangetic Developers has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gangetic Developers is U74899MH1951PTC329129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gangetic Developers has 4 court cases on record: 4 filed by the company.
Gangetic Developers was incorporated on 14 May 1951, making it 75+ years old. It is registered with the Registrar of Companies, Mumbai.
Gangetic Developers has 14 deals on record (7 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹38.29 Cr; the latest was in February 2017.
The peers of Gangetic Developers by revenue are Topmost Complex Private Limited, Vasishta Avenues Private Limited, Esbi Abasan Private Limited, Padma Projects Private Limited, Varun Ispat Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).