About Grand View Estates Private Limited
Data last updated:
Grand View Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 04 May 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1998PTC114764. Its GSTIN is 27AABCG4486A1ZT (Maharashtra).
The company has an authorised share capital of ₹220 Cr and a paid-up capital of ₹220 Cr. It is led by directors including Kanishka Jairaj Phatak and Deepesh Salgia.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.24 Cr, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹1.27 Cr (net margin -56.5%) and EBITDA of -₹1.42 Cr (EBITDA margin -63.5%). Revenue has declined at a compounded annual rate (CAGR) of 79% over three years and 19% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,520 Cr and satisfied charges of ₹1,069 Cr on record. Court records list 58 cases involving the company, including 12 filed by the company and 46 filed against it; 33 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹219.99 Cr; the latest was in October 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shapoorji.in.
Company details
Contact details
Grand View Estates Private Limited's registered office is in Mumbai, Maharashtra. Its website is shapoorji.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSp Centre 41/44, Minoo Desai Marg, Mumbai, Maharashtra, India – 400005
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Grand View Estates 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 activities of Grand View Estates are real estate activities and professional, scientific and technical activities. In detail, this covers real estate activities and activities of head offices; management consultancy activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | |
| M | Professional, scientific and technical activities | 70 | Activities of head offices; management consultancy activities |
To see the full business activity and turnover split of Grand View Estates Private Limited, buy the company report.
Financials of Grand View Estates Private Limited
FY 2025 filings availableGrand View Estates Private Limited reported revenue of ₹2.24 Cr (down 93% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 93% fall in the latest year. EBITDA rose 99% 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 |
|---|---|---|---|---|---|
| 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 | -₹1.42 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.27 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -63.5% | ||||
| Net Profit Margin | -56.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Grand View Estates Private Limited, buy the company report.
Board of directors of Grand View Estates Private Limited
Grand View Estates has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanishka Jairaj Phatak Also directs: Ricardo Constructions Private Limited, Ativa Real Estate Developers Private Limited, Suvita Real Estates Private Limited and 5 more | Director | 15 Nov 2023 | 2 Years 11 Months | Current |
| Deepesh Salgia Also directs: Sarakasi Stage LLP, Nuevo Consultancy Services Private Limited | Director | 11 Dec 2008 | 17 Years 10 Months | Current |
| Prashant Shantaram Parab Also directs: Nuevo Consultancy Services Private Limited, Paikar Real Estates Private Limited, Floreat Investments Private Limited and 3 more | Director | 15 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Grand View Estates Private Limited is audited by GAUTAM RANK & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAUTAM RANK & ASSOCIATES | FY 2021 | 134839W |
Shareholding
The shareholding of Grand View Estates Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Grand View Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Oct 2023 | 100927318 | Idbi Trusteeship Services Limited | ₹380 Cr | Open | |
| 03 Oct 2023 | 100927323 | Idbi Trusteeship Services Limited | ₹380 Cr | Open | |
| 03 Oct 2023 | 100927325 | Idbi Trusteeship Services Limited | ₹380 Cr | Open | |
| 03 Oct 2023 | 100928098 | Idbi Trusteeship Services Limited | ₹380 Cr | Open | |
| 28 Feb 2018 | 100161632 | Others | ₹300 Cr | Satisfied |
To see the full charge records of Grand View Estates Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Grand View Estates Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹219.99 Cr; the latest was in October 2019.
Deals on record (4 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji & Company Private Limited & Firoze K Bhathena Seller: Shapoorji Pallonji & Company Private Limited & Khushroo B Captain |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: Shapoorji Pallonji & Company Private Limited & Khushroo B Captain, Shapoorji Pallonji and Company Private Limited Seller: Sterling Investment Corporation Private Limited , Sterling Investment Corporation Private Limited & Khushroo Burjor Captain |
| Dec 2008 | Secondary share transfer | Undisclosed | Buyer: Anand Agencies Private Limited , Anand Agencies Private Limited & Roshen Minocher Nentin Seller: Sterling Investment Corporation Private Limited , Sterling Investment Corporation Private Limited & Roshen Minocher Nentin |
| Mar 2007 | Secondary share transfer | Undisclosed | Buyer: Sterling Investment Corporation Private Limited , Sterling Investment Corporation Private Limited & Roshen Minocher Nentin, Sterling Investment Corporation Private Limited & Khushroo Burjor Captain Seller: Anand Agencies Private Limited , Anand Agencies Private Limited & Roshen Minocher Nentin, Anand Agencies Private Limited & Khushroo Burjor Captain |
To see the full deal history of Grand View Estates Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Grand View Estates Private Limited has 58 court cases on record: 12 filed by Grand View Estates, 46 filed against it. 33 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 37 | 37 | 32 |
| High courts | 18 | 8 | 1 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1001-Company Law, Sick Industries including Disinvestment : Company Law, Sick Industries including Disinvestment) | Filed against the company by Forbes and Co. Ltd. | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against The Official Liquidator of Svadeshi Mills Company Limited(In Liqn) and 3 others | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed by the company against Forbes and Company Limited (Earlier Known As Forbes Gokak Limited) Having Its Registered Office at Forbes Building, Charanjit Rai Marg , District: Charanjit Rai Marg Fort ,Mumbai , Maharashtra and 12 others | Disposed |
| Bombay High Court | Court case (APP) | Filed by the company against Forbes and Company Ltd and 1 other | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.IDA) | Filed against the company by an individual | Pending |
To see the full case history of Grand View Estates 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 Grand View Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Grand View Estates has 1 associated company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
Employees & EPFO
Grand View Estates Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Grand View Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG4486A1ZT | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Grand View Estates Private Limited, buy the company report.
Recent activity
Grand View Estates Private Limited has 13 board changes on record since 2008: 3 appointments and 10 cessations. The latest: Kanishka Jairaj Phatak ceased to be Additional Director on 19 Sep 2024.
22 earlier events are in the company report.
Frequently asked questions
Grand View Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 04 May 1998 (28+ years old) and is registered under CIN U70100MH1998PTC114764.
Grand View Estates has 3 current directors:
- Kanishka Jairaj Phatak - Director
- Deepesh Salgia - Director
- Prashant Shantaram Parab - Director
The latest financial statements of Grand View Estates 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 Grand View Estates is 27AABCG4486A1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Grand View Estates is U70100MH1998PTC114764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grand View Estates has 58 court cases on record: 12 filed by the company and 46 filed against it. 33 are pending. Most are in the district courts.
Grand View Estates was incorporated on 04 May 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
Grand View Estates has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹219.99 Cr; the latest was in October 2019.
Kanishka Jairaj Phatak ceased to be Additional Director on 19 Sep 2024. Prashant Shantaram Parab ceased to be Additional Director on 19 Sep 2024. Kanishka Jairaj Phatak was appointed as Director on 15 Nov 2023. Grand View Estates has 13 board changes on record in total.
Grand View Estates can be reached through the website shapoorji.in. Its registered office is in Mumbai, Maharashtra, India.