Grassroot Properties Private Limited
About Grassroot Properties Private Limited
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Grassroot Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 02 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2017PTC298143. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arti Sunil Asrani and Sunil Kushak Asrani.
Its last annual general meeting (AGM) was held on 06 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Flat No.702 B 7th Floor Shikhar Kunj Upper Govind Nagar Malad (East), Mumbai, Maharashtra, India – 400097.
As per the financials filed for FY 2019, the company reported a revenue of ₹55.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 5.6%) and EBITDA of ₹4.2 Lakh (EBITDA margin 7.6%).
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Grassroot Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No.702 B 7th Floor Shikhar Kunj Upper Govind Nagar Malad (East), Mumbai, Maharashtra, India – 400097
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Grassroot Properties 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 Grassroot Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Grassroot Properties Private Limited, buy the company report.
Financials of Grassroot Properties Private Limited
FY 2019 filings availableGrassroot Properties Private Limited reported revenue of ₹55.35 Lakh (up 288% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 288% in the latest year. EBITDA rose 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹55.35 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹4.2 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.07 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
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.6% | |
| Net Profit Margin | 5.6% | |
| 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 Grassroot Properties Private Limited, buy the company report.
Board of directors of Grassroot Properties Private Limited
Grassroot Properties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arti Sunil Asrani | Director | 02 Aug 2017 | 9 Years 2 Months | Current |
| Sunil Kushak Asrani | Director | 09 Jan 2020 | 6 Years 9 Months | Current |
Peer comparison
Grassroot Properties Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Garg Enterprises Private Limited. | ₹55.38 Lakh (FY 2025) | -19.0% | Uttar Pradesh, India | |||
| Grassroot Properties Private Limitedthis company | ₹55.35 Lakh (FY 2019) | ₹3.07 Lakh | 5.6% | 288.0% | Mumbai, Maharashtra, India | |
| Narayan Dream Builders and Developers Private Limited | ₹55.32 Lakh (FY 2018) | -40.0% | Jaipur, Rajasthan, India | |||
| KCB Colonizers Private Limited | ₹55.31 Lakh (FY 2025) | 817.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Grassroot Properties Private Limited, buy the company report.
Auditor
Grassroot Properties Private Limited is audited by K GALA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K GALA & ASSOCIATES | FY 2019 | 114864W |
Shareholding
The shareholding of Grassroot Properties Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Grassroot Properties Private Limited, buy the company report.
Legal cases
Grassroot Properties Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Civil suit | Filed against the company by M/S.Advertlabs Technology Pvt Ltd. Ors. | Disposed |
To see the full case history of Grassroot Properties 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 Grassroot Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Grassroot Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Grassroot Properties Private Limited, buy the company report.
Recent activity
Grassroot Properties Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Anoop Sureshchand Mangal ceased to be Director on 24 Jan 2020.
Frequently asked questions
Grassroot Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 02 August 2017 (9+ years old) and is registered under CIN U70200MH2017PTC298143.
Grassroot Properties has 2 current directors:
- Arti Sunil Asrani - Director
- Sunil Kushak Asrani - Director
The latest financial statements of Grassroot Properties on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 06 September 2019. Year-wise statements from FY 2018 are in the company report.
No. Grassroot Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Grassroot Properties is U70200MH2017PTC298143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Grassroot Properties has 1 court case on record: 1 filed against it.
Grassroot Properties was incorporated on 02 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Grassroot Properties by revenue are Garg Enterprises Private Limited, Narayan Dream Builders and Developers Private Limited, KCB Colonizers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Anoop Sureshchand Mangal ceased to be Director on 24 Jan 2020. Sunil Kushak Asrani was appointed as Director on 09 Jan 2020. Arti Sunil Asrani was appointed as Director on 02 Aug 2017.
The registered office of Grassroot Properties is at Flat No.702 B 7th Floor Shikhar Kunj Upper Govind Nagar Malad East, Mumbai, Maharashtra, India – 400097.
Grassroot Properties operates in the real estate industry, in the real estate leasing segment.