Garima Developers Private Limited
About Garima Developers Private Limited
Data last updated:
Garima Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 06 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2007PTC117649. Its GSTIN is 19AACCG9382Q1ZN (West Bengal).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Garima Tibrawalla and Pankaj Tibrawalla.
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 21A Charu Chandra Avenue Ground Floor, Kolkata, West Bengal, India – 700033.
As per the financials filed for FY 2022, the company reported a revenue of ₹48.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹22.31 Lakh (net margin 46%) and EBITDA of ₹42.15 Lakh (EBITDA margin 86.9%). Revenue has grown at a compounded annual rate (CAGR) of 102% over three years and 28% over five years.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Garima Developers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address21A Charu Chandra Avenue Ground Floor, Kolkata, West Bengal, India – 700033
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Garima Developers 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 Garima Developers is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Garima Developers Private Limited, buy the company report.
Financials of Garima Developers Private Limited
FY 2024 filings availableGarima Developers Private Limited reported revenue of ₹48.52 Lakh (up 180% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 180% growth in the latest year. EBITDA rose 211% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹42.15 Lakh | ||||
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| Net Profit (PAT) | ₹22.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 86.9% | ||||
| Net Profit Margin | 46% | ||||
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To see the full financial statements and ratios of Garima Developers Private Limited, buy the company report.
Board of directors of Garima Developers Private Limited
Garima Developers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Tibrawalla Also directs: Papillon Developers LLP, Kizuna Integrated Services LLP, Kizuna Intelligence LLP and 5 more | Additional Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Garima Tibrawalla Also directs: Mica Pvt Ltd, Invictus Infrastructure Private Limited, BCT Infrastructure LLP and 3 more | Director | 12 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Garima Developers Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| M.R.R. Promoters Private Limited | ₹48.7 Lakh (FY 2022) | -47.0% | Delhi, India | |||
| Mr Countryside Private Limited | ₹48.7 Lakh (FY 2025) | -33.0% | New Delhi, Delhi, India | |||
| Star Engicon Private Limited | ₹48.67 Lakh (FY 2024) | 34.0% | Ranchi, Jharkhand, India | |||
| Signature City Realtors Private Limited | ₹48.65 Lakh (FY 2017) | -62.0% | Mumbai, Maharashtra, India | |||
| Exalter Developers Private Limited | ₹48.53 Lakh (FY 2023) | -82.0% | Delhi, India | |||
| Garima Developers Private Limitedthis company | ₹48.52 Lakh (FY 2022) | ₹22.31 Lakh | 46% | 180.0% | Kolkata, West Bengal, India | |
| Shivdanka Properties Pvt. Ltd. | ₹48.51 Lakh (FY 2024) | 290.0% | Kolkata, West Bengal, India | |||
| Real DTCP Consultant Private Limited | ₹48.27 Lakh (FY 2024) | 323.0% | Coimbatore, Tamil Nadu, India | |||
| Eval Realty Solutions India Private Limited | ₹48.25 Lakh (FY 2019) | 6162.0% | New Delhi, Delhi, India | |||
| Urmitek Projects Private Limited | ₹48.25 Lakh (FY 2025) | 7.0% | Jamshedpur, Jharkhand, India | |||
| L V Agri-Tech Private Limited | ₹48.24 Lakh (FY 2025) | 538.0% | New Delhi, Delhi, India |
To see the full peer comparison of Garima Developers Private Limited, buy the company report.
Auditor
Garima Developers Private Limited is audited by B K Sethia & Co. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K Sethia & Co. | FY 2017 | 327939E |
Shareholding
The shareholding of Garima Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Garima Developers Private Limited, buy the company report.
Legal cases
Garima Developers Private Limited has 5 court cases on record: 3 filed by Garima Developers, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 5 |
Cases on record (2 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Primarche Technologies Private Limited and 1 other | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Reliance Home Finance Ltd. | Pending |
To see the full case history of Garima Developers 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 Garima Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Garima Developers Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Garima Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCG9382Q1ZN | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garima Developers Private Limited, buy the company report.
Recent activity
Garima Developers Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Chandrakant Tibrawalla ceased to be Director on 24 Oct 2021.
Frequently asked questions
Garima Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in retailers, within the trading industry. It was incorporated on 06 August 2007 (19+ years old) and is registered under CIN U70101WB2007PTC117649.
Garima Developers has 2 current directors:
- Pankaj Tibrawalla - Additional Director
- Garima Tibrawalla - Director
The latest financial statements of Garima Developers 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 Garima Developers is 19AACCG9382Q1ZN, registered in West Bengal.
The CIN (Corporate Identification Number) of Garima Developers is U70101WB2007PTC117649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garima Developers has 5 court cases on record: 3 filed by the company and 2 filed against it. 5 are pending.
Garima Developers was incorporated on 06 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Garima Developers by revenue are M.R.R. Promoters Private Limited, Mr Countryside Private Limited, Star Engicon Private Limited, Signature City Realtors Private Limited, Exalter Developers Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Chandrakant Tibrawalla ceased to be Director on 24 Oct 2021. Garima Tibrawalla was appointed as Director on 12 Oct 2018. Garima Tibrawalla ceased to be Director on 05 Mar 2018. Garima Developers has 5 board changes on record in total.
The registered office of Garima Developers is at 21A Charu Chandra Avenue Ground Floor, Kolkata, West Bengal, India – 700033.
Garima Developers operates in the trading industry, in the retailers segment.