Garnet Construction Ltd - Company Profile

It is a real estate and construction public limited company based in Mumbai, Maharashtra, India, established in 1992.
1992 Mumbai, Maharashtra, India Active
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About Garnet Construction Ltd

Garnet Construction Ltd, a active public limited company, was established on 15 October 1992 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: L45200MH1992PLC069044. Registered under ROC Roc Mumbai. it is listed on BSE: 526727. It has an authorized capital of ₹58.00 Cr and a paid-up capital of ₹13.90 Cr.

It upholds a compliant status. In 2023, it reported revenue of ₹4.42 Cr and a net worth of ₹92.59 Cr. Its leadership includes Jitendra Maruti Jadhav (Director), Shiromani Singh (Director), Kishankumar Jugalkishore Kedia (Cfo). Past directors included Falguni Ratilal Padiya, Jitendra Maruti Jadhav, Pavan Kumar Gupta. It holds ₹8.12 Cr open charges and ₹129.33 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 501/531, Laxmi Mall, Laxmi Industrial Estate, New Link Road, Andheri West,, Mumbai, Maharashtra, 400053.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L45200MH1992PLC069044

  • Registration Number

    069044

  • Incorporation Date

    15 October 1992

  • Authorized Capital

    ₹58.00 Cr

  • Paid-Up Capital

    ₹13.90 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 526727)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 58.00 Cr
  • Paid Up Capital ₹ 13.90 Cr
  • Company Age 33 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.12 Cr
  • Satisfied Charges ₹ 129.33 Cr
  • Revenue Growth **** -45.31%
  • Profit Growth **** -42.80%
  • Ebitda **** -7.23%
  • Net Worth 0.37%
  • Total Assets -4.43%
Company report

Garnet Construction Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Garnet Construction Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Garnet Construction Ltd?
Current Directors
Name Designation Appointment Date Status
Jitendra Maruti Jadhav Director 01 Jun 2019 Current
Shiromani Singh Director 10 Mar 2003 Current
Kishankumar Jugalkishore Kedia Cfo 31 Mar 2023 Current
Sanjay Kishankumar Kedia Whole-Time Director 15 Oct 1992 Current
Arun Kishankumar Kedia Whole-Time Director 15 Oct 1992 Current
Sirya Vakil Siddiqui Director 14 Apr 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Cfo(Kmp) - Past
Pramod Abcsdd Additional Director 30 Sep 2019 Past
Pramod Abcsdd Company Secretary 01 Jun 2019 Past
Pramod Abcsdd Director 30 May 2025 Past
Pramod Abcsdd Director 05 Nov 2012 Past
Pramod Abcsdd Director 01 Jun 2019 Past

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Financial Performance of Garnet Construction.

Garnet Construction Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 45.31% decrease. The company also saw a substantial fall in profitability, with a 42.8% decrease in profit. The company's net worth moved up by a moderate rise of 0.37%.

Garnet Construction revenue growth over time
Garnet Construction profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -45.31%
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Revenue from Operations
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 -63.15%
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*******
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Total Assets
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 -4.43%
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*******
Profit or Loss
*******
 -42.80%
*******
*******
*******
*******
Net Worth
*******
 0.37%
*******
*******
*******
*******
EBITDA
*******
 -7.23%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Garnet Construction?

In 2022, Garnet Construction had a promoter holding of 61.29% and a public holding of 38.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹81,200,790.00

Satisfied Charges

₹1,293,266,287.00

Charges Breakdown by Lending Institutions
  • Others : 6.61 Cr
  • Hdfc Bank Limited : 1.01 Cr
  • The South Indian Co-Op Bank Ltd : 0.50 Cr
Latest Charge Details
Date Lender Amount Status
01 Oct 2025 Hdfc Bank Limited ₹1.01 Cr Open
23 Feb 2023 Others ₹6.61 Cr Open
31 Aug 1998 The South Indian Co-Op Bank Ltd ₹5.00 M Open
05 Oct 2017 State Bank Of India ₹2.33 Cr Satisfied
18 Sep 2017 State Bank Of India ₹17.00 Cr Satisfied

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How Many Employees Work at Garnet Construction?

Unlock and access historical data on people associated with Garnet Construction, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garnet Construction, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Garnet Construction's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Garnet Construction
Recent Activity within the Organization
  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 1.01 Cr with Charge ID 101199745 was registered on 01 Oct 2025. was documented.

  • Annual General Meeting

    Garnet Construction Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Akash Dnyaneshwer Kamble was appointed as a Director was appointed as a Director on 06 Sep 2024 & has been associated with this company since 1 year 6 months . was documented.

  • Charges

    Progress on A charge registered on 17 Apr 2017 via Charge ID 100092305 with Others was fully satisfied on 03 Aug 2024. was documented.

  • Balance Sheet

    The activity Garnet Construction Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    The activity A charge registered on 28 Mar 2014 via Charge ID 10496098 with Union Bank Of India was fully satisfied on 06 Mar 2024. was completed.

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Frequently Asked Questions
What is the CIN of Garnet Construction Ltd?

The CIN of Garnet Construction Ltd is L45200MH1992PLC069044.

Where is Garnet Construction Ltd headquartered?

Garnet Construction Ltd is headquartered at 501/531, Laxmi Mall, Laxmi Industrial Estate, New Link Road, Andheri West,, Mumbai, Maharashtra, 400053.

When was Garnet Construction Ltd incorporated?

Garnet Construction Ltd was incorporated on 15 October 1992.

Who are the current directors of Garnet Construction Ltd?

The current directors of Garnet Construction Ltd are

What is the primary industry of Garnet Construction Ltd?

The primary industry of Garnet Construction Ltd is Construction.

Is Garnet Construction Ltd a listed company?

Garnet Construction Ltd is listed. It is listed on BSE: 526727.

What is the capital structure of Garnet Construction Ltd?

The authorized capital of Garnet Construction Ltd is ₹58.00 Cr, and the paid-up capital is ₹13.90 Cr.

What is the compliance status of Garnet Construction Ltd?

The compliance status of Garnet Construction Ltd is Compliant.

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