About Garuda Maverick Infrastructure Projects Private Limited
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Garuda Maverick Infrastructure Projects Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Maverick Holdings & Investments Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 December 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2006PTC041154. Its GSTIN is 29AAECM9796L1ZE (Karnataka).
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹36.57 Cr. It was formerly known as Maverick Realty Builders Private Limited and Garuda Mavens Infrastructure Projects Private Limited. It is led by directors Uday Prerana Bindiganale and Pranav Bindiganavile Uday.
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 No. 78/1 New K R Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.17 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹28.51 Lakh (net margin 91.4%) and EBITDA of ₹28.51 Lakh (EBITDA margin 91.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 61% over five years.
As per MCA filings, the company has open charges of ₹978.76 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 6 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garudamall.net.
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- Registered AddressNo. 78/1 New K R Road Basavanagudi, Bangalore, Karnataka, India – 560004
- 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 Garuda Maverick Infrastructure Projects Private Limited FY 2024 filings available
Garuda Maverick Infrastructure Projects Private Limited reported revenue of ₹31.17 Lakh (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Garuda Maverick Infrastructure Projects Private Limited
Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 61%. EBITDA fell 65% 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 Garuda Maverick Infrastructure Projects 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 | ₹28.51 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.51 Lakh | •••• | •••• | •••• | •••• |
| 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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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Garuda Maverick Infrastructure Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 91.4% | •••• | •••• | •••• | •••• |
| 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 Garuda Maverick Infrastructure Projects 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 Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Charmion Builders & Developers Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Murari Estates Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Line Duct Systems (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Allahabad, Uttar Pradesh, India |
| Y.Mohan Raju and Co Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Y.Jagadeesh Raju and Co Private Limited | •••• | •••• | •••• | •••• | - | Seshadripuram, Bangalore, Karnataka, India |
| Garuda Maverick Infrastructure Projects Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ashapura Habitats Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Bragadeesh Builders Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Metro Buildvision Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Artisty Realtech Private Limited | •••• | •••• | •••• | •••• | - | Sangam Vihar, Delhi, India |
| Phalashri Estates Private Limited | •••• | •••• | •••• | •••• | - | Inidore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Garuda Maverick Infrastructure Projects by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Garuda Maverick Infrastructure Projects Private Limited
Auditor information for Garuda Maverick Infrastructure Projects Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Uday Prerana Bindiganale | Director | 23 Oct 2017 | 8 Years 11 Months | Current |
| Pranav Bindiganavile Uday | Director | 23 Oct 2017 | 8 Years 11 Months | Current |
Ownership and Shareholding of Garuda Maverick Infrastructure Projects 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 Garuda Maverick Infrastructure Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Sep 2022 | Others | ₹228.76 Cr | Open |
| 01 Apr 2019 | Others | ₹750 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects Private Limited has 11 court cases on record: 4 filed by Garuda Maverick Infrastructure Projects, 6 filed against it, 1 where it is another party. 5 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 4 |
| High courts | 5 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Sammaan Capital Limited | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Sbi Capital Markets Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Sammaan Capital Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Sammaan Capital Limited | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
Full case history
All 11 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.
MSME Payment Delays by Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 66 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Garuda Security Services | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 7 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Garuda Maverick Infrastructure Projects Private Limited
Employment history and EPFO contributions of people linked to Garuda Maverick Infrastructure Projects.
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.
Name History of Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects has undergone 2 name changes throughout its history. The company was previously known as Maverick Realty Builders Private Limited, and Garuda Mavens Infrastructure Projects Private Limited. The current legal name is Garuda Maverick Infrastructure Projects Private Limited.
| Company Name | Status |
|---|---|
| Garuda Maverick Infrastructure Projects Private Limited | Current |
| Maverick Realty Builders Private Limited | Previous |
| Garuda Mavens Infrastructure Projects Private Limited | Previous |
Recent Activity on Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Aditya Virwani ceased to be Additional Director on 25 Sep 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Garuda Maverick Infrastructure Projects 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.
Subsidiaries & Group Companies of Garuda Maverick Infrastructure Projects 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 Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM9796L1ZE | Karnataka | Active | 01 Jul 2017 |
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 Garuda Maverick Infrastructure Projects 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 Garuda Maverick Infrastructure Projects Private Limited
Garuda Maverick Infrastructure Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 December 2006 (20+ years old) and is registered under CIN U70102KA2006PTC041154.
Garuda Maverick Infrastructure Projects reported revenue of ₹31.17 Lakh for FY 2025 (down 66% YoY).
Garuda Maverick Infrastructure Projects has 2 current directors:
- Uday Prerana Bindiganale - Director
- Pranav Bindiganavile Uday - Director
Garuda Maverick Infrastructure Projects reported a net profit of ₹28.51 Lakh (net margin 91.4%) and EBITDA of ₹28.51 Lakh (EBITDA margin 91.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Garuda Maverick Infrastructure Projects is -26% over three years and 61% over five years. In the latest year (FY 2025) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Garuda Maverick Infrastructure Projects is 29AAECM9796L1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Garuda Maverick Infrastructure Projects is U70102KA2006PTC041154. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garuda Maverick Infrastructure Projects has 11 court cases on record: 4 filed by the company and 6 filed against it. 5 are pending. Most are in the district courts.
Garuda Maverick Infrastructure Projects was incorporated on 11 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Garuda Maverick Infrastructure Projects by revenue are Charmion Builders & Developers Private Limited, Murari Estates Private Limited, Line Duct Systems (OPC) Private Limited, Y.Mohan Raju and Co Private Limited, Y.Jagadeesh Raju and Co Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Aditya Virwani ceased to be Additional Director on 25 Sep 2018. Medini Uday ceased to be Director on 23 Feb 2018. Pranav Bindiganavile Uday was appointed as Director on 23 Oct 2017. Garuda Maverick Infrastructure Projects has 7 board changes on record in total.
Garuda Maverick Infrastructure Projects has 7 MSME Form 1 returns on record between 2020 and 2023, listing 66 overdue payments to 2 micro and small suppliers. The latest return was filed on 22 Aug 2023.