About Gnex Projects Private Limited
Data last updated:
Gnex Projects Private Limited is a private limited company based in Delhi, India, a subsidiary of Rama Infratech Housing Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45400DL2011PTC228959. Its GSTIN is 07AAKCA0565H1ZQ (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Asl Projects Private Limited. It is led by directors Pushkar Dutt Bansal and Shreesh Asthana.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G – 17 Single Story Building Vijay Nagar Model Town, Delhi, India – 110009.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.4 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.35 Lakh (net margin -0.3%) and EBITDA of -₹1.35 Lakh (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 567% over five years.
As per MCA filings, the company has open charges of ₹741 Cr and satisfied charges of ₹190 Cr on record. Court records list 14 cases involving the company, including 1 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselgroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressG – 17 Single Story Building Vijay Nagar Model Town, Delhi, India – 110009
- 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 Gnex Projects Private Limited
The main business activity of Gnex Projects is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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.
Auditor Details of Gnex Projects Private Limited
Gnex Projects Private Limited is audited by GBSG & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GBSG & Associates | 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 Gnex Projects Private Limited
Gnex Projects has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushkar Dutt Bansal | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Shreesh Asthana Also directs: Gnex Infrabuild Private Limited, Gnex Buildtech Private Limited, Essel Realtech LLP and 5 more | Director | 23 Jul 2024 | 2 Years 2 Months | Current |
Financials of Gnex Projects Private Limited FY 2024 filings available
Gnex Projects Private Limited reported revenue of ₹5.4 Cr (up 421% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gnex Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 567% over five years, including 421% growth in the latest year. EBITDA fell 272% 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 Gnex Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹1.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.35 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 Gnex Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.3% | •••• | •••• | •••• | •••• |
| 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 Gnex Projects 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.
Ownership and Shareholding of Gnex Projects 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 Gnex Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2021 | Others | ₹15 Cr | Open |
| 02 Jan 2017 | Others | ₹726 Cr | Open |
| 10 Sep 2020 | Others | ₹190 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Gnex Projects Private Limited
Employment history and EPFO contributions of people linked to Gnex Projects.
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.
GST Compliance of Gnex Projects Private Limited
Gnex Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAKCA0565H1ZQ | Delhi | Active | 02 Aug 2017 |
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.
Legal Cases of Gnex Projects Private Limited
Gnex Projects Private Limited has 14 court cases on record: 1 filed by Gnex Projects, 11 filed against it, 2 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 10 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Housing Finance Ltd | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Indiabulls Housing Finance Limited | Disposed |
| District court, Jhajjar, Haryana | Commercial suit | Company is another party | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Indiabulls Housing Finance Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P. (T) (COMM.)) | Filed by the company against Indiabulls Housing Finance Ltd | Disposed |
Full case history
All 14 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.
Credit Ratings, Litigation & Regulatory Alerts for Gnex Projects 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 Gnex Projects 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 Gnex Projects 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.
MCA Filings & Documents of Gnex Projects 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.
Recent Activity on Gnex Projects Private Limited
Frequently Asked Questions about Gnex Projects Private Limited
Gnex Projects is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 December 2011 (15+ years old) and is registered under CIN U45400DL2011PTC228959.
Gnex Projects reported revenue of ₹5.4 Cr for FY 2025 (up 421% YoY).
Gnex Projects has 2 current directors:
- Pushkar Dutt Bansal - Director
- Shreesh Asthana - Director
Gnex Projects reported a net loss of ₹1.35 Lakh (net margin -0.3%) and EBITDA of -₹1.35 Lakh (EBITDA margin -0.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gnex Projects is 62% over three years and 567% over five years. In the latest year (FY 2025) revenue rose 421%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gnex Projects is 07AAKCA0565H1ZQ, registered in Delhi. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gnex Projects is U45400DL2011PTC228959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gnex Projects has 14 court cases on record: 1 filed by the company and 11 filed against it. Most are in the district courts.
Gnex Projects was incorporated on 19 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.