About GLS Realty Private Limited
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GLS Realty Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2011PTC162687. Its GSTIN is 19AAECG7724Q1ZV (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹1.08 Cr. It is led by directors including Lakshmi Kanta Kar and Indranil Kar.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Rajbanshipara Tarulia Road Krishnapur, Kolkata, West Bengal, India – 700102.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.05 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹40.15 Lakh (net margin 1.8%) and EBITDA of ₹2.03 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 17% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Glsrealty. As per MCA filings, the company has open charges of ₹86 Cr and satisfied charges of ₹10.17 Cr on record. Court records list 26 cases involving the company, including 16 filed by the company and 8 filed against it; 10 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 glsrealty.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRajbanshipara Tarulia Road Krishnapur, Kolkata, West Bengal, India – 700102
- 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
Business Activity of GLS Realty Private Limited
The main business activity of GLS Realty is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of GLS Realty Private Limited FY 2025 filings available
GLS Realty Private Limited reported revenue of ₹22.05 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of GLS Realty Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 10% growth in the latest year. EBITDA rose 58% 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 GLS Realty Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.03 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.15 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 of GLS Realty Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.8% | •••• | •••• | •••• | •••• |
| 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 GLS Realty 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 GLS Realty Private Limited
GLS Realty Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RK Construction and Builders Private Limited | ₹22.07 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ananthnag, Jammu and Kashmir, India |
| Bhuwalka Makers Pvt Ltd | ₹22.07 Cr (FY 2022) | •••• | •••• | 57.0% | •••• | New Delhi, Delhi, India |
| Nestor Constructions Private Limited | ₹22.06 Cr (FY 2025) | •••• | •••• | 3354.0% | •••• | Mumbai, Maharashtra, India |
| Mokal Brothers Realty Private Limited | ₹22.06 Cr (FY 2024) | •••• | •••• | 2175797.0% | •••• | Navi Mumbai, Maharashtra, India |
| L and L Builders Private Limited | ₹22.05 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Margao, Goa, India |
| GLS Realty Private Limited this company | ₹22.05 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Affluence Home Reality Private Limited | ₹22.05 Cr (FY 2025) | •••• | •••• | 100000.0% | •••• | Gurgaon, Haryana, India |
| Pagarani Universal Infrastructure Private Limited | ₹22.05 Cr (FY 2024) | •••• | •••• | -63.0% | •••• | Jogeshwari West, Maharashtra, India |
| Chowringhee Residency Private Limited | ₹22.05 Cr (FY 2025) | •••• | •••• | 226.0% | •••• | Kolkata, West Bengal, India |
| Amar Pratap Developers Private Limited | ₹22.04 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Bikaner, Rajasthan, India |
| Idiya Creators Private Limited | ₹22.04 Cr (FY 2025) | •••• | •••• | 74.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below GLS Realty by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of GLS Realty Private Limited
GLS Realty Private Limited is audited by B SAIN & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B SAIN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of GLS Realty Private Limited
GLS Realty has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lakshmi Kanta Kar Also directs: Kar Farming & Husbandry LLP, Variete Detex Private Limited, GLS Hotel & Resorts Private Limited and 2 more | Director | 17 May 2011 | 15 Years 4 Months | Current |
| Indranil Kar Also directs: Kar Farming & Husbandry LLP, GLS Hotel & Resorts Private Limited, Kar Sambriddhi Infra Private Limited and 1 more | Director | 25 Jun 2012 | 14 Years 3 Months | Current |
| Binapani Kar | Director | 25 Jun 2012 | 14 Years 3 Months | Current |
Ownership and Shareholding of GLS Realty 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 GLS Realty Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Mar 2025 | State Bank of India | ₹75 Cr | Open |
| 11 Oct 2023 | Others | ₹5 Cr | Open |
| 28 Jan 2023 | Others | ₹6 Cr | Open |
| 26 Sep 2024 | Idbi Bank Limited | ₹3.5 Cr | Satisfied |
| 25 Sep 2020 | Others | ₹75.94 Lakh | Satisfied |
Total charge records: 6 View all charges
Legal Cases of GLS Realty Private Limited
GLS Realty Private Limited has 26 court cases on record: 16 filed by GLS Realty, 8 filed against it, 2 where it is another party. 10 cases are pending and 16 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 8 | 9 |
| High courts | 10 | 0 | 1 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Arbitration matter | Filed against the company by an individual | Pending |
| Calcutta High Court | Court case (CO) | Company is another party | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 26 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.
Associated Brands with GLS Realty Private Limited
GLS Realty operates one associated brand: Glsrealty. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| glsrealty.in |
Employees and EPFO Compliance at GLS Realty Private Limited
GLS Realty Private Limited has a workforce of 12 employees as of Mar 24, 2024.
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.
Recent Activity on GLS Realty Private Limited
GLS Realty Private Limited has 7 board changes on record since 2011: 5 appointments and 2 cessations. The latest: Binapani Kar was appointed as Director on 25 Jun 2012.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for GLS Realty 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.
MSME Payment Delays by GLS Realty Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of GLS Realty 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 GLS Realty Private Limited
GLS Realty has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECG7724Q1ZV | West Bengal | Active | 01 Jul 2017 |
| 21AAECG7724Q1ZA | Odisha | Active | 08 Jan 2024 |
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 GLS Realty 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 GLS Realty Private Limited
GLS Realty is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 May 2011 (15+ years old) and is registered under CIN U70109WB2011PTC162687.
GLS Realty reported revenue of ₹22.05 Cr for FY 2024 (up 10% YoY).
GLS Realty has 3 current directors:
- Lakshmi Kanta Kar - Director
- Indranil Kar - Director
- Binapani Kar - Director
GLS Realty reported a net profit of ₹40.15 Lakh (net margin 1.8%) and EBITDA of ₹2.03 Cr (EBITDA margin 9.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of GLS Realty is 25% over three years and 17% over five years. In the latest year (FY 2024) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of GLS Realty is 19AAECG7724Q1ZV, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AAECG7724Q1ZA (Odisha).
The CIN (Corporate Identification Number) of GLS Realty is U70109WB2011PTC162687. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GLS Realty has 26 court cases on record: 16 filed by the company and 8 filed against it. 10 are pending. Most are in the district courts.
GLS Realty was incorporated on 17 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of GLS Realty by revenue are RK Construction and Builders Private Limited, Bhuwalka Makers Pvt Ltd, Nestor Constructions Private Limited, Mokal Brothers Realty Private Limited, L and L Builders Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Binapani Kar was appointed as Director on 25 Jun 2012. Gautam Adhikari ceased to be Director on 25 Jun 2012. Indranil Kar was appointed as Director on 25 Jun 2012. GLS Realty has 7 board changes on record in total.