Glad Properties (India ) Private Limited
About Glad Properties (India ) Private Limited
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Glad Properties (India ) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2002PTC136083.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mikhail Menezes and Anita Valerina Menezes.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 601 Gem House Hiranandanigardens Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.07 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹5.44 Lakh (net margin -177.2%) and EBITDA of ₹20,738 (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Glad Properties (India ) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address601 Gem House Hiranandanigardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Glad Properties (India ) 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
Financials of Glad Properties (India ) Private Limited
FY 2025 filings availableGlad Properties (India ) Private Limited reported revenue of ₹3.07 Lakh (up 153% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 153% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 108% 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 | ₹20,738 | ||||
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| Net Profit (PAT) | -₹5.44 Lakh | ||||
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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 | 6.8% | ||||
| Net Profit Margin | -177.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Glad Properties (India ) Private Limited, buy the company report.
Board of directors of Glad Properties (India ) Private Limited
Glad Properties (India ) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mikhail Menezes Also directs: Unitop Chemicals Private Limited, Rossari Consumer Products Private Limited, Tristar Intermediates Private Limited and 2 more | Director | 14 Jun 2009 | 17 Years 4 Months | Current |
| Anita Valerina Menezes | Director | 31 May 2002 | 24 Years 5 Months | Current |
Peer comparison
Glad Properties (India ) Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aadi Procon Private Limited | ₹3.07 Lakh (FY 2025) | -96.0% | Ahmedabad, Gujarat, India | |||
| Info Base India Development Centre Private Limited | ₹3.07 Lakh (FY 2025) | -93.0% | Bengaluru, Karnataka, India | |||
| Padmalaya Dealcom Private Limited. | ₹3.07 Lakh (FY 2025) | 3132.0% | Lucknow, Uttar Pradesh, India | |||
| R M Pargi Enterprise Private Limited | ₹3.07 Lakh (FY 2025) | 6040.0% | Vadodara, Gujarat, India | |||
| Indiaqo Properties Private Limited | ₹3.07 Lakh (FY 2024) | 80.0% | Hyderabad, Telangana, India | |||
| Glad Properties (India ) Private Limitedthis company | ₹3.07 Lakh (FY 2025) | -₹5.44 Lakh | -177.2% | 153.0% | Mumbai, Maharashtra, India | |
| Rajesh Unispaces Private Limited | ₹3.07 Lakh (FY 2018) | -73.0% | Mumbai, Maharashtra, India | |||
| Amberdhara Estate Private Limited | ₹3.06 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Neetnav Constructions Private Limited | ₹3.06 Lakh (FY 2021) | Mumbai, Maharashtra, India | ||||
| Baldota Ventures Private Limited | ₹3.06 Lakh (FY 2025) | -86.0% | Bangalore, Karnataka, India | |||
| Annex Hotels Private Limited | ₹3.06 Lakh (FY 2025) | -81.0% | New Delhi, Delhi, India |
To see the full peer comparison of Glad Properties (India ) Private Limited, buy the company report.
Auditor
Glad Properties (India ) Private Limited is audited by SANJAY VICHARE & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY VICHARE & CO | FY 2020 | 148656W |
Shareholding
The shareholding of Glad Properties (India ) Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Glad Properties (India ) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Apr 2004 | 90148705 | Dhfc Bank Ltd. | ₹6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Glad Properties (India ) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Glad Properties (India ) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Glad Properties (India ) Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Glad Properties (India ) Private Limited has 5 board changes on record since 2002: 2 appointments and 3 cessations. The latest: Stella Charles Dcunha ceased to be Director on 17 Sep 2018.
Frequently asked questions
Glad Properties (India ) is an active 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 31 May 2002 (24+ years old) and is registered under CIN U70109MH2002PTC136083.
Glad Properties (India ) has 2 current directors:
- Mikhail Menezes - Director
- Anita Valerina Menezes - Director
The latest financial statements of Glad Properties (India ) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Glad Properties (India ) is U70109MH2002PTC136083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glad Properties (India ) was incorporated on 31 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Glad Properties (India ) by revenue are Aadi Procon Private Limited, Info Base India Development Centre Private Limited, Padmalaya Dealcom Private Limited, R M Pargi Enterprise Private Limited, Indiaqo Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Stella Charles Dcunha ceased to be Director on 17 Sep 2018. Mikhail Menezes ceased to be Additional Director on 30 Sep 2009. Irene Menezes ceased to be Director on 14 Jun 2009. Glad Properties (India ) has 5 board changes on record in total.
The registered office of Glad Properties (India ) is at 601 Gem House Hiranandanigardens Powai, Mumbai, Maharashtra, India – 400076.
Glad Properties (India ) operates in the real estate and construction industry, in the real estate builders and developers segment.
Glad Properties (India ) has open charges of ₹6 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Glad Properties (India ) is compliant as of 07 August 2026. The company is actively filing with the Registrar of Companies.
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