Gigaplex Developers Private Limited
About Gigaplex Developers Private Limited
Data last updated:
Gigaplex Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mississippi Traders And Developers Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 May 2004.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2004PTC146299. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹3.7 Lakh. It is led by directors including Jayakumar Hariharan and Vijay Bhagwandas Raheja.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Rahejachamberslinkingroad&Mainavenuesantacruz(W), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.49 Lakh. For the same year it recorded a net profit of ₹99,344 (net margin 66.5%) and EBITDA of -₹2,389 (EBITDA margin -1.6%).
As per MCA filings, the company has open charges of ₹175 Cr on record. Court records list 19 cases involving the company, including 3 filed by the company and 18 filed against it; 6 cases are pending.
Company details
Contact details
Gigaplex Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressRahejachamberslinkingroad&Mainavenuesantacruz(W), Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Gigaplex 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 Gigaplex Developers 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 |
Financials of Gigaplex Developers Private Limited
FY 2017 filings availableGigaplex Developers Private Limited reported revenue of ₹1.49 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.49 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹2,389 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹99,344 | ||
| 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -1.6% | ||
| Net Profit Margin | 66.5% | ||
| 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 Gigaplex Developers Private Limited, buy the company report.
Board of directors of Gigaplex Developers Private Limited
Gigaplex Developers has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naresh Manohar Nadkarni | Alternate Director | 20 Mar 2017 | 9 Years 7 Months | As last reported |
| Sunil Atmaram Valani | Additional Director | 11 Dec 2017 | 8 Years 10 Months | As last reported |
| Jayakumar Hariharan | Director | 11 Aug 2011 | 15 Years 2 Months | As last reported |
| Vijay Bhagwandas Raheja Also directs: Seaside Developers LLP, Pebble Park Developers LLP, Pebble Crest Developers LLP and 5 more | Director | 14 May 2004 | 22 Years 5 Months | As last reported |
| Balasubramanian Devaraj | Director | 24 Dec 2012 | 13 Years 9 Months | As last reported |
Auditor
Gigaplex Developers Private Limited is audited by ARCHANA PARIKH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARCHANA PARIKH | FY 2017 | 129374 |
Shareholding
The shareholding of Gigaplex 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 Gigaplex Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Dec 2011 | 10332232 | Others | ₹175 Cr | Open |
To see the full charge records of Gigaplex Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Gigaplex Developers Private Limited has 19 court cases on record: 3 filed by Gigaplex Developers, 18 filed against it. 6 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 11 | 3 |
| District courts | 7 | 7 | 3 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Cello Pens and Stationery Private Limited | Pending |
| High Court | Interim or miscellaneous application | Filed against the company by Cello Pens and Stationery Private Limited | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Cello Pens and Stationery Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by M-S Lakshachandi Housing and Infrastructure P Ltd | Pending |
| High Court, MAHARASHTRA | Court case (OLR) | Filed by the company against Lakshachandi Housing and Infrastructure Pvt. Ltd. (Petitioner) and 8 others | Disposed |
To see the full case history of Gigaplex 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 Gigaplex Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gigaplex Developers has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gigaplex Developers Private Limited, buy the company report.
Recent activity
Gigaplex Developers Private Limited has 16 board changes on record since 2004: 5 appointments and 11 cessations. The latest: Gautam Vishin Chhabria ceased to be Director on 16 Dec 2017.
9 earlier events are in the company report.
Frequently asked questions
Gigaplex Developers is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Gigaplex Developers is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 May 2004 and is registered under CIN U51909MH2004PTC146299. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gigaplex Developers has 5 current directors:
- Naresh Manohar Nadkarni - Alternate Director
- Sunil Atmaram Valani - Additional Director
- Jayakumar Hariharan - Director
- Vijay Bhagwandas Raheja - Director
- Balasubramanian Devaraj - Director
The latest financial statements of Gigaplex Developers on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gigaplex Developers is U51909MH2004PTC146299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigaplex Developers has open charges of ₹175 Cr and no satisfied charges on record as per latest MCA filings.
Gigaplex Developers has 19 court cases on record: 3 filed by the company and 18 filed against it. 6 are pending. Most are in the high courts.
Gigaplex Developers was incorporated on 14 May 2004. It is registered with the Registrar of Companies, Mumbai.
Gautam Vishin Chhabria ceased to be Director on 16 Dec 2017. Sunil Atmaram Valani was appointed as Additional Director on 11 Dec 2017. Naresh Manohar Nadkarni was appointed as Alternate Director on 20 Mar 2017. Gigaplex Developers has 16 board changes on record in total.
The registered office of Gigaplex Developers is at Rahejachamberslinkingroad&MainavenuesantacruzW, Mumbai, Maharashtra, India – 400054.