GDN Estates Private Limited
About GDN Estates Private Limited
Data last updated:
GDN Estates Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate financing segment of the financial services sector. It was incorporated on 17 April 1970.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1970PTC001885. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹4 Lakh. It was formerly known as Poly Products Private Limited.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2018, the company reported a revenue of ₹84.67 Lakh, a decline of 26% compared to the previous year. For the same year it recorded a net profit of ₹40.21 Lakh (net margin 47.5%) and EBITDA of ₹54.85 Lakh (EBITDA margin 64.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
Court records list 45 cases involving the company, including 24 filed by the company and 21 filed against it; 10 cases are pending.
Company details
CIN history
GDN Estates has one previous CIN (Corporate Identification Number): U02411KA1970PTC001885. The current CIN is U85110KA1970PTC001885, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1970PTC001885 | Current |
| U02411KA1970PTC001885 | Previous |
Contact details
GDN Estates Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 222/14 Gokaldas Chambers 3rd Floor 5th Main Road Sadashivanagar Bellary R, Oad, Bangalore, Karnataka, India – 560080
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of GDN Estates 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 GDN Estates is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of GDN Estates Private Limited, buy the company report.
Financials of GDN Estates Private Limited
FY 2018 filings availableGDN Estates Private Limited reported revenue of ₹84.67 Lakh (down 26% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 26% fall in the latest year. EBITDA fell 49% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹84.67 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹54.85 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹40.21 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 | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 64.8% | |||
| Net Profit Margin | 47.5% | |||
| 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 | ||||
To see the full financial statements and ratios of GDN Estates Private Limited, buy the company report.
Board of directors of GDN Estates Private Limited
GDN Estates has 5 former directors on record and no current directors listed.
Peer comparison
GDN Estates Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Better Value Properties Private Limited | ₹84.82 Lakh (FY 2019) | -4.0% | Thane, Maharashtra, India | |||
| M M Fine Grinders Private Limited | ₹84.7 Lakh (FY 2024) | -19.0% | Hyderabad, Telangana, India | |||
| GDN Estates Private Limitedthis company | ₹84.67 Lakh (FY 2018) | ₹40.21 Lakh | 47.5% | -26.0% | Bangalore, Karnataka, India | |
| Roshan Buildmart Private Limited | ₹84.66 Lakh (FY 2025) | 6.0% | Jaipur, Rajasthan, India | |||
| Harihar Buildspace Private Limited | ₹84.51 Lakh (FY 2020) | -1.0% | Nagpur, Maharashtra, India | |||
| JPK Exports Private Limited | ₹84.49 Lakh (FY 2025) | 2.0% | Dadri, Uttar Pradesh, India |
To see the full peer comparison of GDN Estates Private Limited, buy the company report.
Auditor
GDN Estates Private Limited is audited by N C S RAGHAVAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N C S RAGHAVAN & CO | FY 2018 | 007335S |
Shareholding
The shareholding of GDN Estates Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of GDN Estates Private Limited, buy the company report.
Legal cases
GDN Estates Private Limited has 45 court cases on record: 24 filed by GDN Estates, 21 filed against it. 10 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 14 | 5 |
| High courts | 14 | 6 | 4 |
| Supreme Court | 2 | 1 | 1 |
Cases on record (5 of 45)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited-Almas Abidhusen Kagzi | Disposed |
| District court, Kanpur Nagar, Uttar Pradesh | Court case (Crl. Case) | Filed against the company by M/S Khanna Polyrib Pvt, Ltd. | Disposed |
| District court, South East, Delhi | Execution petition | Filed against the company by Ms Reynold India P. Ltd. | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Delight Dairy Limited | Disposed |
To see the full case history of GDN Estates 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 GDN Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GDN Estates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of GDN Estates Private Limited, buy the company report.
Recent activity
GDN Estates Private Limited has 5 board changes on record since 2017: 0 appointments and 5 cessations. The latest: Dinesh Jhamandas Hinduja ceased to be Director on 01 Jan 2019.
Frequently asked questions
GDN Estates has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
GDN Estates was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 17 April 1970 and is registered under CIN U85110KA1970PTC001885. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of GDN Estates is U85110KA1970PTC001885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GDN Estates was incorporated on 17 April 1970. It is registered with the Registrar of Companies, Bangalore.
The registered office of GDN Estates is at No. 22214 Gokaldas Chambers 3rd Floor 5th Main Road Sadashivanagar Bellary R, Oad, Bangalore, Karnataka, India – 560080.
The latest financial statements of GDN Estates on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. GDN Estates has 1 GST registration on record and it is cancelled or inactive.
GDN Estates operated in the financial services industry, in the real estate financing segment.
The peers of GDN Estates by revenue are Better Value Properties Private Limited, M M Fine Grinders Private Limited, Roshan Buildmart Private Limited, Harihar Buildspace Private Limited, JPK Exports Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
GDN Estates has 45 court cases on record: 24 filed by the company and 21 filed against it. 10 are pending. Most are in the district courts.
Dinesh Jhamandas Hinduja ceased to be Director on 01 Jan 2019. Gaurav Dinesh Hinduja ceased to be Director on 01 Jan 2019. Nalini Dinesh Hinduja ceased to be Director on 01 Jan 2019. GDN Estates has 5 board changes on record in total.