Grace Property (India) Private Limited
About Grace Property (India) Private Limited
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Grace Property (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 11 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2002PTC137539. Its GSTIN is 27AACCG0038M1ZN (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Irshad Rafique Qureshi and Saleh Najmuddin Mithiborwala.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Premises No. 26 2nd Floor Dheeraj Heritage S.V Road Santacruz (W), Mumbai, Maharashtra, India – 400054.
As per the financials filed for FY 2025, the company reported a revenue of ₹99,652, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹38.6 Lakh and EBITDA of -₹20.81 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 87% over five years.
Court records list 10 cases involving the company, including 10 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Grace Property (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 AddressPremises No. 26 2nd Floor Dheeraj Heritage S.V Road Santacruz (W), Mumbai, Maharashtra, India – 400054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Grace Property (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
Business activity
The main business activity of Grace Property (India) is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
Financials of Grace Property (India) Private Limited
FY 2025 filings availableGrace Property (India) Private Limited reported revenue of ₹99,652 (up 693% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 87% over five years, including 693% growth in the latest year. EBITDA fell 14% 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 | -₹20.81 Lakh | ||||
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| Net Profit (PAT) | -₹38.6 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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To see the full financial statements and ratios of Grace Property (India) Private Limited, buy the company report.
Board of directors of Grace Property (India) Private Limited
Grace Property (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Irshad Rafique Qureshi | Director | 25 May 2019 | 7 Years 4 Months | Current |
| Saleh Najmuddin Mithiborwala Also directs: Abor Projects LLP, Oriental Rail Infrastructure Limited, Gen-Wood Products Private Limited and 5 more | Director | 17 May 2024 | 2 Years 5 Months | Current |
| Ebrahim Nuruddin Mithiborwala | Director | 17 Jun 2019 | 7 Years 4 Months | Current |
| Sathyaprasad Also directs: Mandelia Constructions (India ) Private Limited | Director | 29 Sep 2022 | 4 Years 0 Months | Current |
Auditor
Grace Property (India) Private Limited is audited by S U RADHAKRISHNANI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S U RADHAKRISHNANI & CO | FY 2019 |
Shareholding
The shareholding of Grace Property (India) Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Grace Property (India) Private Limited, buy the company report.
Legal cases
Grace Property (India) Private Limited has 10 court cases on record: 10 filed against it. 3 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 0 |
| District courts | 3 | 3 | 3 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Disposed |
| Supreme Court | Court case (1817-Ordinary Civil Matters : Matters for eviction / dispossession other than Rent Control Act matters) | Filed against the company by individuals | Disposed |
To see the full case history of Grace Property (India) 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Grace Property (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grace Property (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG0038M1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grace Property (India) Private Limited, buy the company report.
Recent activity
Grace Property (India) Private Limited has 8 board changes on record since 2019: 4 appointments and 4 cessations. The latest: Saleh Najmuddin Mithiborwala was appointed as Director on 17 May 2024.
Frequently asked questions
Grace Property (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 11 October 2002 (24+ years old) and is registered under CIN U70100MH2002PTC137539.
Grace Property (India) has 4 current directors:
- Irshad Rafique Qureshi - Director
- Saleh Najmuddin Mithiborwala - Director
- Ebrahim Nuruddin Mithiborwala - Director
- Sathyaprasad - Director
The latest financial statements of Grace Property (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Grace Property (India) is 27AACCG0038M1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grace Property (India) is U70100MH2002PTC137539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grace Property (India) has 10 court cases on record: 10 filed against it. 3 are pending. Most are in the high courts.
Grace Property (India) was incorporated on 11 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Saleh Najmuddin Mithiborwala was appointed as Director on 17 May 2024. Sathyaprasad was appointed as Director on 29 Sep 2022. Sathyaprasad ceased to be Additional Director on 29 Sep 2022. Grace Property (India) has 8 board changes on record in total.
The registered office of Grace Property (India) is at Premises No. 26 2nd Floor Dheeraj Heritage S.V Road Santacruz W, Mumbai, Maharashtra, India – 400054.
Grace Property (India) operates in the real estate and construction industry, in the real estate builders and developers segment.