About Gazy Mag Private Limited
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Gazy Mag Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Casagrand Premier Builder Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45400TN2018PTC125174. Its GSTIN is 33AAHCG5027D2Z0 (Tamil Nadu). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chakravarthy Gopalan Sathish and Raghunathan Sumanth Krishna.
Its last annual general meeting (AGM) was held on 07 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor Npl Devi No.111 L B Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.43 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹8.84 Cr (net margin -30%) and EBITDA of -₹6.12 Cr (EBITDA margin -20.8%). Revenue has grown at a compounded annual rate (CAGR) of 423% over three years.
The company is associated with 1 brand: Casagrand. As per MCA filings, the company has open charges of ₹70.15 Cr and satisfied charges of ₹168.7 Cr on record. Court records list 47 cases involving the company, including 25 filed by the company and 22 filed against it; 8 cases are pending.
For more details, the company can be reached via its website casagrand.co.in.
Company details
Contact details
Gazy Mag Private Limited's registered office is in Chennai, Tamil Nadu. Its website is casagrand.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address5th Floor Npl Devi No.111 L B Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Gazy Mag 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
Brands
Gazy Mag operates one associated brand: Casagrand. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of residential & commercial real estate development services | casagrand.co.in |
Business activity
The main business activity of Gazy Mag is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Gazy Mag Private Limited, buy the company report.
Financials of Gazy Mag Private Limited
FY 2025 filings availableGazy Mag Private Limited reported revenue of ₹29.43 Cr (down 92% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 92% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 423%. EBITDA fell 116% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹6.12 Cr | ||||
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| Net Profit (PAT) | -₹8.84 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -20.8% | ||||
| Net Profit Margin | -30% | ||||
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To see the full financial statements and ratios of Gazy Mag Private Limited, buy the company report.
Board of directors of Gazy Mag Private Limited
Gazy Mag has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chakravarthy Gopalan Sathish Also directs: Casagrand Premier Builder Limited, Casagrand Covaan Private Limited, Casagrand Urbano Private Limited and 5 more | Director | 09 Jun 2022 | 4 Years 4 Months | Current |
| Raghunathan Sumanth Krishna Also directs: Zavera Homes Private Limited, Casa Grande Civil Engineering Private Limited, Casagrand Horizons Private Limited and 5 more | Director | 09 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Gazy Mag Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| BMB Developers Private Limited | ₹29.49 Cr (FY 2025) | 509.0% | New Delhi, Delhi, India | |||
| Goldenview Estates Private Limited | ₹29.47 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Incor Chennai Projects Two Private Limited | ₹29.46 Cr (FY 2023) | 79.0% | Hyderabad, Telangana, India | |||
| Gazy Mag Private Limitedthis company | ₹29.43 Cr (FY 2025) | -₹8.84 Cr | -30% | -92.0% | Chennai, Tamil Nadu, India | |
| Baseline Projects & Constructions Private Limited | ₹29.41 Cr (FY 2025) | -15.0% | Kozhikode, Kerala, India | |||
| Naresh Build and Home Private Limited | ₹29.36 Cr (FY 2025) | 118.0% | Vidisha, Madhya Pradesh, India |
To see the full peer comparison of Gazy Mag Private Limited, buy the company report.
Auditor
Gazy Mag Private Limited is audited by Vaithisvaran Co & LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vaithisvaran Co & LLP | FY 2023 | 004494S |
Shareholding
The shareholding of Gazy Mag Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gazy Mag Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Nov 2024 | 101036266 | Others | ₹70 Cr | Open | |
| 18 Feb 2022 | 100572744 | Hdfc Bank Limited | ₹7.57 Lakh | Open | |
| 18 Feb 2022 | 100572757 | Hdfc Bank Limited | ₹7.57 Lakh | Open | |
| 14 Mar 2023 | 100702478 | Others | ₹75 Cr | Satisfied | |
| 18 Oct 2022 | 100646583 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Gazy Mag Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Gazy Mag Private Limited has 47 court cases on record: 25 filed by Gazy Mag, 22 filed against it. 8 cases are pending and 39 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 12 | 5 |
| High courts | 23 | 10 | 3 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Karur, Tamil Nadu | Criminal miscellaneous application | Filed against the company by M/S.Aauraa Home Fashion Private Ltd Rep by Its Director K.P.Elangovan | Disposed |
| High Court, TAMIL NADU | Court case (CRL MP(MD)) | Filed by the company against Aaururaa Home Fashion Private Ltd., | Disposed |
| High Court, TAMIL NADU | Court case (CRL RC(MD)) | Filed by the company against Aaururaa Home Fashion Private Ltd., | Disposed |
| District court, Karur, Tamil Nadu | Criminal case | Filed against the company by M/S.Aauraa Home Fashion Private Ltd Rep by Its Director K.P.Elangovan | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company | Pending |
To see the full case history of Gazy Mag 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 Gazy Mag Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gazy Mag has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCG5027D2Z0 | Tamil Nadu | Active | 10 Jun 2023 |
| 29AAHCG5027D1ZQ | Karnataka | Active | 07 Jan 2020 |
To see the full GST registrations and return filing status of Gazy Mag Private Limited, buy the company report.
Recent activity
Gazy Mag Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Chakravarthy Gopalan Sathish ceased to be Additional Director on 26 Sep 2022.
8 earlier events are in the company report.
News
Frequently asked questions
Gazy Mag is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 October 2018 (8+ years old) and is registered under CIN U45400TN2018PTC125174.
Gazy Mag has 2 current directors:
- Chakravarthy Gopalan Sathish - Director
- Raghunathan Sumanth Krishna - Director
The latest financial statements of Gazy Mag on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 07 August 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Gazy Mag is 33AAHCG5027D2Z0, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAHCG5027D1ZQ (Karnataka).
The CIN (Corporate Identification Number) of Gazy Mag is U45400TN2018PTC125174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gazy Mag has 47 court cases on record: 25 filed by the company and 22 filed against it. 8 are pending. Most are in the district courts.
Gazy Mag was incorporated on 09 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Gazy Mag by revenue are BMB Developers Private Limited, Goldenview Estates Private Limited, Incor Chennai Projects Two Private Limited, Baseline Projects & Constructions Private Limited, Naresh Build and Home Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Chakravarthy Gopalan Sathish ceased to be Additional Director on 26 Sep 2022. Ashok Kumar ceased to be Director on 09 Jun 2022. Chakravarthy Gopalan Sathish was appointed as Director on 09 Jun 2022. Gazy Mag has 4 board changes on record in total.
Gazy Mag can be reached through the website casagrand.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Gazy Mag is at 5th Floor Npl Devi No.111 L B Road Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.
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