About Golden Gate Properties Limited
Data last updated:
Golden Gate Properties Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA1995PLC018889. Its GSTIN is 29AAACG5284H1ZE (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹54.46 Cr. It was formerly known as Golden Gate Properties & Finance Limited. It is led by directors including Ratish Kumar Moorthy (Whole-Time Director) and Kanukolanu Satish Sambamurthy.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at #820 80 Feet Road 20th Main 8th Block Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2020, the company reported a revenue of ₹197.38 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹44.46 Cr (net margin 22.5%) and EBITDA of ₹49.62 Cr (EBITDA margin 25.1%). Revenue has declined at a compounded annual rate (CAGR) of 100% over three years and 13% over five years.
The company has about 20 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Golden Gate Properties. As per MCA filings, the company has open charges of ₹194.24 Cr and satisfied charges of ₹459.59 Cr on record. Court records list 348 cases involving the company, including 109 filed by the company and 147 filed against it; 88 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹247.82 Cr; the latest was in September 2018. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Astrum Developments Private Limited with revenue of ₹198.25 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ggproperties.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#820 80 Feet Road 20th Main 8th Block Koramangala, Bangalore, Karnataka, India – 560095
- 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 Golden Gate Properties Limited
The main business activity of Golden Gate Properties is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Golden Gate Properties Limited FY 2020 filings available
Golden Gate Properties Limited reported revenue of ₹197.38 Cr (up 10% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Golden Gate Properties Limited
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 13%. EBITDA rose 438% 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 Golden Gate Properties Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | ₹49.62 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.46 Cr | •••• | •••• | •••• | •••• |
| 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 Golden Gate Properties Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 22.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Golden Gate Properties 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 Golden Gate Properties Limited
Golden Gate Properties 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 |
|---|---|---|---|---|---|---|
| Astrum Developments Private Limited | ₹198.25 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Mumbai, Maharashtra, India |
| Provenance Assets Private Limited | ₹197.78 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Ocean Infraheights Private Limited | ₹197.58 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Hoabl Impactum Land Private Limited | ₹197.57 Cr (FY 2025) | •••• | •••• | 1610.0% | •••• | Mumbai, Maharashtra, India |
| Trifecta Projects Private Limited | ₹197.4 Cr (FY 2025) | •••• | •••• | -29.0% | •••• | Bangalore, Karnataka, India |
| Golden Gate Properties Limited this company | ₹197.38 Cr (FY 2020) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Sankhya Realtors Private Limited | ₹197.01 Cr (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Ashdan Developers Private Limited | ₹196.96 Cr (FY 2024) | •••• | •••• | -9.0% | •••• | Pune, Maharashtra, India |
| Su Corporation Private Limited | ₹196.77 Cr (FY 2022) | •••• | •••• | 34.0% | •••• | Kolhapur, Maharashtra, India |
| You Seung Sang Sa India Construction Private Limited | ₹196.69 Cr (FY 2019) | •••• | •••• | 68.0% | •••• | Chennai, Tamil Nadu, India |
| Kasturi Spaces Private Limited | ₹196.26 Cr (FY 2025) | •••• | •••• | 1671.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Golden Gate Properties 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 Golden Gate Properties Limited
Golden Gate Properties Limited is audited by JAYARAJA AND ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYARAJA AND 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 Golden Gate Properties Limited
Golden Gate Properties has 4 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanukolanu Satish Sambamurthy Also directs: Golden Gate Holding Private Limited, Commune Properties India Private Limited, Orchids Elite Developers Private Limited and 2 more | Additional Director | 01 Jun 2023 | 3 Years 4 Months | Current |
| Sunil Reddy Gogula Also directs: Sunkalp Id Technologies Private Limited | Additional Director | 07 Nov 2024 | 1 Years 11 Months | Current |
| Ratish Kumar Moorthy Also directs: Golden Gate Holding Private Limited | Whole-Time Director | 23 Feb 2018 | 8 Years 7 Months | Current |
| Smriti Padma Thumma | Additional Director | 07 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Golden Gate Properties 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 Golden Gate Properties Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2019 | Others | ₹28 Cr | Open |
| 19 Dec 2017 | Others | ₹40 Cr | Open |
| 21 Mar 2017 | Others | ₹2.65 Cr | Open |
| 22 Sep 2015 | Srei Equipment Finance Limited | ₹54.95 Lakh | Open |
| 08 Sep 2015 | Jm Financial Asset Reconstruction Company Private Limited | ₹50 Cr | Open |
Total charge records: 53 View all charges
Deals & Funding of Golden Gate Properties Limited
Golden Gate Properties Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹247.82 Cr; the latest was in September 2018.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2007 | Funding round | ₹176 Cr | Investors: RREEF GO III Mauritius One Limited |
| Dec 2007 | Funding round | ₹44.82 Cr | Investors: RREEF GO III Mauritius One Limited |
| Mar 2007 | Funding round | ₹27 Cr | Investors: an individual |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Golden Gate Properties Limited
Golden Gate Properties Limited has 348 court cases on record: 109 filed by Golden Gate Properties, 147 filed against it, 92 where it is another party. 88 cases are pending and 260 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 212 | 117 | 49 |
| High courts | 131 | 26 | 35 |
| NCLAT | 5 | 4 | 4 |
Cases on record (5 of 348)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Nestoya Homes Private Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Nestoya Homes Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by JM Financial Asset Reconstruction Company Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Nestoya Homes Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Network Property Management Services Private Limited | Disposed |
Full case history
All 348 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 Golden Gate Properties Limited
Golden Gate Properties operates one associated brand: Golden Gate Properties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development of residential and commercial projects in South India. | ggproperties.com |
Employees and EPFO Compliance at Golden Gate Properties Limited
Golden Gate Properties Limited has a workforce of 20 employees as of Apr 08, 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.
Group Structure of Golden Gate Properties Limited
Golden Gate Properties has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Best Golden Developers Private Limited | U70100KA2011PTC061674 | Locked |
| Golden Gate Developers Private Limited | U70101KA2005PTC037053 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Golden Gate Properties Limited
Golden Gate Properties has one previous CIN (Corporate Identification Number): U70102KA1995PTC018889. The current CIN is U70102KA1995PLC018889, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102KA1995PLC018889 | Current |
| U70102KA1995PTC018889 | Previous |
Recent Activity on Golden Gate Properties Limited
Golden Gate Properties Limited has 28 board changes on record since 2007: 4 appointments and 24 cessations. The latest: Parwath Reddy Madireddy ceased to be Additional Director on 07 Apr 2025.
124 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Golden Gate Properties 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 Golden Gate Properties 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 Golden Gate Properties 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 Golden Gate Properties Limited
Golden Gate Properties has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACG5284H1ZE | Karnataka | Active | 01 Jul 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.
MCA Filings & Documents of Golden Gate Properties 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 Golden Gate Properties Limited
Golden Gate Properties is an active public limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 September 1995 (31+ years old) and is registered under CIN U70102KA1995PLC018889.
Golden Gate Properties reported revenue of ₹197.38 Cr for FY 2020 (up 10% YoY).
Golden Gate Properties has 4 current directors:
- Ratish Kumar Moorthy - Whole-Time Director
- Kanukolanu Satish Sambamurthy - Additional Director
- Sunil Reddy Gogula - Additional Director
- Smriti Padma Thumma - Additional Director
Golden Gate Properties reported a net profit of ₹44.46 Cr (net margin 22.5%) and EBITDA of ₹49.62 Cr (EBITDA margin 25.1%) for FY 2020, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Golden Gate Properties is 100% over three years and -13% over five years. In the latest year (FY 2020) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Golden Gate Properties is 29AAACG5284H1ZE, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Golden Gate Properties is U70102KA1995PLC018889. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Golden Gate Properties has 348 court cases on record: 109 filed by the company and 147 filed against it. 88 are pending. Most are in the district courts.
Golden Gate Properties was incorporated on 28 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Golden Gate Properties has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹247.82 Cr; the latest was in September 2018.
The peers of Golden Gate Properties by revenue are Astrum Developments Private Limited, Provenance Assets Private Limited, Ocean Infraheights Private Limited, Hoabl Impactum Land Private Limited, Trifecta Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).