About Grandmark Developers Private Limited
Data last updated:
Grandmark Developers Private Limited is a private limited company based in Bhubaneswar, Orissa, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 01 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U45200OR2016PTC039585. Its GSTIN is 21AAGCG6112Q1ZK (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors including Sudhir Gugnani and Ashmeet Kumar Gugnani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at K1 – 123 Kalinganagar, Bhubaneswar, Orissa, India – 751003.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.7 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Lakh (net margin 0.3%) and EBITDA of ₹1.36 Cr (EBITDA margin 17.7%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 35% over five years.
As per MCA filings, the company has open charges of ₹5.82 Cr and satisfied charges of ₹5 Lakh on record. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website grandmark.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressK1 – 123 Kalinganagar, Bhubaneswar, Orissa, India – 751003
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Grandmark Developers Private Limited
The main business activity of Grandmark Developers 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 Grandmark Developers Private Limited FY 2024 filings available
Grandmark Developers Private Limited reported revenue of ₹7.7 Cr (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Grandmark Developers Private Limited
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 35%. EBITDA fell 12% 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 Grandmark Developers 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 | ₹1.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.5 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 Grandmark Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.7% | •••• | •••• | •••• | •••• |
| 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 Grandmark Developers are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Grandmark Developers Private Limited
Grandmark Developers Private Limited is audited by U.K.MAHAPATRA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| U.K.MAHAPATRA & CO. | 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 Grandmark Developers Private Limited
Grandmark Developers has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Gugnani Also directs: Odisha Capital Market & Enterprises Limited | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Ashmeet Kumar Gugnani | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
| Rajinder Kumar Gugnani | Director | 01 Dec 2016 | 9 Years 10 Months | Current |
Ownership and Shareholding of Grandmark Developers 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 Grandmark Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2024 | Others | ₹80 Lakh | Open |
| 21 Feb 2024 | Others | ₹2.5 Cr | Open |
| 21 Jun 2023 | Hdfc Bank Limited | ₹1.27 Cr | Open |
| 31 May 2022 | Hdfc Bank Limited | ₹1.25 Cr | Open |
| 13 Apr 2021 | Hdfc Bank Limited | ₹5 Lakh | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Grandmark Developers Private Limited
Grandmark Developers Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Interim or miscellaneous application | Company is another party | Disposed |
Full case history
All 1 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.
Employees and EPFO Compliance at Grandmark Developers Private Limited
Employment history and EPFO contributions of people linked to Grandmark Developers.
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.
CIN History of Grandmark Developers Private Limited
Grandmark Developers has one previous CIN (Corporate Identification Number): U45200DL2016PTC308744. The current CIN is U45200OR2016PTC039585, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200OR2016PTC039585 | Current |
| U45200DL2016PTC308744 | Previous |
Recent Activity on Grandmark Developers Private Limited
Credit Ratings, Litigation & Regulatory Alerts for Grandmark Developers 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 Grandmark Developers 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 Grandmark Developers 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.
GST Compliance of Grandmark Developers Private Limited
Grandmark Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAGCG6112Q1ZK | Odisha | Active | 05 Jan 2018 |
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 Grandmark Developers 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.
Frequently Asked Questions about Grandmark Developers Private Limited
Grandmark Developers is an active private limited company based in Bhubaneswar, Orissa, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 01 December 2016 (10+ years old) and is registered under CIN U45200OR2016PTC039585.
Grandmark Developers reported revenue of ₹7.7 Cr for FY 2025 (down 36% YoY).
Grandmark Developers has 3 current directors:
- Sudhir Gugnani - Director
- Ashmeet Kumar Gugnani - Director
- Rajinder Kumar Gugnani - Director
Grandmark Developers reported a net profit of ₹2.5 Lakh (net margin 0.3%) and EBITDA of ₹1.36 Cr (EBITDA margin 17.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Grandmark Developers is 41% over three years and 35% over five years. In the latest year (FY 2025) revenue fell 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Grandmark Developers is 21AAGCG6112Q1ZK, registered in Odisha.
The CIN (Corporate Identification Number) of Grandmark Developers is U45200OR2016PTC039585. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grandmark Developers has 1 court case on record.
Grandmark Developers was incorporated on 01 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.