About Goodtime Real Estate Development Private Limited
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Goodtime Real Estate Development Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Peninsula Land Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2008PTC184961. Its GSTIN is 27AADCG2185Q1Z2 (Maharashtra).
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹4.13 Cr. It is led by directors including Siddharth Setia (Whole-Time Director) and Rajeev Ashok Piramal.
Its last annual general meeting (AGM) was held on 26 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1401 Tower B 14th Floor Peninsula Business Park, Ganpatrao Kadam Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013.
As per the financials filed for FY 2025, the company reported a revenue of ₹439.64 Cr, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹18.44 Cr (net margin -4.2%) and EBITDA of ₹68.85 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 249% over five years.
The company has about 52 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹525.75 Cr and satisfied charges of ₹635 Cr on record. Court records list 2 cases involving the company, including 2 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 goodtimerealestate.com.
Company details
Contact details
Goodtime Real Estate Development Private Limited's registered office is in Mumbai, Maharashtra. Its website is goodtimerealestate.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1401 Tower B 14th Floor Peninsula Business Park, Ganpatrao Kadam Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Goodtime Real Estate Development 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 Goodtime Real Estate Development is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Goodtime Real Estate Development Private Limited, buy the company report.
Financials of Goodtime Real Estate Development Private Limited
FY 2024 filings availableGoodtime Real Estate Development Private Limited reported revenue of ₹439.64 Cr (down 75% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 75% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 249%. EBITDA rose 190% 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 | ₹68.85 Cr | ||||
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| Net Profit (PAT) | -₹18.44 Cr | ||||
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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 | 15.7% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Goodtime Real Estate Development Private Limited, buy the company report.
Board of directors of Goodtime Real Estate Development Private Limited
Goodtime Real Estate Development has 4 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Setia Also directs: Midland Township Private Limited, Peninsula Mega Township Developers Limited, Miranda Bi-Metal Tools Private Limited and 5 more | Whole-Time Director | 08 Oct 2021 | 5 Years 0 Months | Current |
| Ashwin Ramesh Mansharamani Also directs: Safalya Estates and Trading LLP, Safalya Foods LLP, Gcorp Spaces Private Limited and 5 more | Nominee Director | 28 Aug 2020 | 6 Years 1 Months | Current |
| Amit Gupta | Nominee Director | 28 Aug 2020 | 6 Years 1 Months | Current |
| Rajeev Ashok Piramal Also directs: Westgate Real Estate Developers LLP, Eastgate Real Estate Developers LLP, Bridgeview Real Estate Development LLP and 5 more | Director | 14 May 2014 | 12 Years 5 Months | Current |
Auditor
Goodtime Real Estate Development Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Goodtime Real Estate Development Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Goodtime Real Estate Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2025 | 101131869 | Standard Chartered Bank | ₹75 Lakh | Open | |
| 06 Jun 2014 | 10507464 | Idbi Trusteeship Services Limited | ₹525 Cr | Open | |
| 19 Apr 2024 | 100913633 | Idbi Trusteeship Services Limited | ₹200 Cr | Satisfied | |
| 16 Sep 2022 | 100612483 | Idbi Trusteeship Services Limited | ₹135 Cr | Satisfied | |
| 21 Mar 2017 | 100085032 | Others | ₹300 Cr | Satisfied |
To see the full charge records of Goodtime Real Estate Development Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Goodtime Real Estate Development Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (S) | Filed against the company by The New Great Eastern Spinning and Weaving Company Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS Cases) | Filed against the company by an individual | Disposed |
To see the full case history of Goodtime Real Estate Development 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.
Credit ratings & regulatory alerts
Goodtime Real Estate Development Private Limited was last rated by Brickwork on 16 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 16 Feb 2022 |
To see the full credit ratings and regulatory alerts of Goodtime Real Estate Development Private Limited, buy the company report.
MSME payment delays
Goodtime Real Estate Development Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 83 overdue payments to 7 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Laxmi Sanitary Engineers and Contracts | |||
| an individual supplier |
To see the full MSME payment records of Goodtime Real Estate Development Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Goodtime Real Estate Development Private Limited has a workforce of 52 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Goodtime Real Estate Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG2185Q1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Goodtime Real Estate Development Private Limited, buy the company report.
Recent activity
Goodtime Real Estate Development Private Limited has 31 board changes on record since 2010: 4 appointments and 27 cessations. The latest: Rohit Sureka ceased to be Nominee Director on 31 Jan 2022.
33 earlier events are in the company report.
Frequently asked questions
Goodtime Real Estate Development 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 23 July 2008 (18+ years old) and is registered under CIN U70102MH2008PTC184961.
Goodtime Real Estate Development has 4 current directors:
- Siddharth Setia - Whole-Time Director
- Ashwin Ramesh Mansharamani - Nominee Director
- Amit Gupta - Nominee Director
- Rajeev Ashok Piramal - Director
The latest financial statements of Goodtime Real Estate Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Goodtime Real Estate Development is 27AADCG2185Q1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Goodtime Real Estate Development is U70102MH2008PTC184961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Goodtime Real Estate Development has 2 court cases on record: 2 filed against it. Most are in the district courts.
Goodtime Real Estate Development was incorporated on 23 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Rohit Sureka ceased to be Nominee Director on 31 Jan 2022. Siddharth Setia ceased to be Additional Director on 29 Oct 2021. Siddharth Setia was appointed as Whole-Time Director on 08 Oct 2021. Goodtime Real Estate Development has 31 board changes on record in total.
Goodtime Real Estate Development has 7 MSME Form 1 returns on record between 2019 and 2022, listing 83 overdue payments to 7 micro and small suppliers. The latest return was filed on 27 Apr 2022.
Goodtime Real Estate Development can be reached through the website goodtimerealestate.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Goodtime Real Estate Development is at 1401 Tower B 14th Floor Peninsula Business Park, Ganpatrao Kadam Marg Lower Parel Mumbai – 400013, Maharashtra, India – 400013.