About Greensea Technologies Private Limited
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Greensea Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Aastitva Builders And Developers Private Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45309MH2017PTC294887. Its GSTIN is 27AAGCG8346N1ZY (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Greensea Properties and Constructions Private Limited. It is led by directors including Vijay Kumar Modi and Mitesh Kothari.
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 C/62 Vibgyor Tower 5th Floor Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400098.
As per the financials filed for FY 2024, the company reported a revenue of ₹47.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.85 Cr (net margin -6%) and EBITDA of -₹1.57 Cr (EBITDA margin -3.3%). Revenue has grown at a compounded annual rate (CAGR) of 515% over five years.
As per MCA filings, the company has open charges of ₹9.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kothariproducts.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressC/62 Vibgyor Tower 5th Floor Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400098
- IndustryFinancial Services, Real Estate Financing
- 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 Greensea Technologies Private Limited
The main business activity of Greensea Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Greensea Technologies Private Limited FY 2024 filings available
Greensea Technologies Private Limited reported revenue of ₹47.85 Cr (up 1108% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Greensea Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 515% over five years. 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 Greensea Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹1.57 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.85 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 of Greensea Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -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 | •••• | •••• | •••• | •••• | •••• |
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 Greensea Technologies are in the company report.
Financial statements from FY 2018
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.
Peer Comparison of Greensea Technologies Private Limited
Greensea Technologies Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Southern Roadways Private Limited | ₹48.49 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Madurai, Tamil Nadu, India |
| Radha Madhav Silk Mills Private Limited | ₹48.45 Cr (FY 2025) | •••• | •••• | 641.0% | •••• | Mumbai, Maharashtra, India |
| Pacific Retail Centers (India) Private Limited | ₹48.27 Cr (FY 2025) | •••• | •••• | 222.0% | •••• | Delhi, India |
| Artistery House Private Limited | ₹47.98 Cr (FY 2025) | •••• | •••• | -60.0% | •••• | Kolkata, West Bengal, India |
| Hotel Hans Private Limited | ₹47.87 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Greensea Technologies Private Limited this company | ₹47.85 Cr (FY 2024) | •••• | •••• | 1108.0% | •••• | Mumbai, Maharashtra, India |
| Gradis Trading Private Limited | ₹47.76 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| PDK Property Private Limited | ₹47.71 Cr (FY 2025) | •••• | •••• | 414.0% | •••• | Kolkata, West Bengal, India |
| Garden View Meadows Private Limited | ₹47.52 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Landbase India Limited | ₹47.49 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Gurgaon, Haryana, India |
| DLF Commercial Developers Limited | ₹47.08 Cr (FY 2021) | •••• | •••• | -14.0% | •••• | Gurugram, Haryana, India |
Peers are the five companies nearest above and the five nearest below Greensea Technologies by revenue in the BFSI industry (Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Greensea Technologies Private Limited
Greensea Technologies Private Limited is audited by J N SHARMA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J N SHARMA & 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 Greensea Technologies Private Limited
Greensea Technologies 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 |
|---|---|---|---|---|
| Vijay Kumar Modi Also directs: Sukhdham Constructions and Developers Limited, Ekta Flavours Private Limited, Kothari Detergents Limited and 5 more | Director | 08 Mar 2021 | 5 Years 7 Months | Current |
| Mitesh Kothari | Director | 16 May 2017 | 9 Years 4 Months | Current |
| Amrendra Kumar Tiwari | Director | 18 Nov 2022 | 3 Years 10 Months | Current |
Ownership and Shareholding of Greensea Technologies 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 Greensea Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jun 2021 | Canara Bank | ₹9.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Greensea Technologies Private Limited
Employment history and EPFO contributions of people linked to Greensea Technologies.
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.
Recent Activity on Greensea Technologies Private Limited
Greensea Technologies Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Amrendra Kumar Tiwari ceased to be Additional Director on 29 Sep 2024.
Credit Ratings, Litigation & Regulatory Alerts for Greensea Technologies 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 Greensea Technologies 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 Greensea Technologies 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 Greensea Technologies Private Limited
Greensea Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG8346N1ZY | Maharashtra | Active | 05 Jul 2021 |
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 Greensea Technologies 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 Greensea Technologies Private Limited
Greensea Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U45309MH2017PTC294887.
Greensea Technologies reported revenue of ₹47.85 Cr for FY 2024 (up 1108% YoY).
Greensea Technologies has 3 current directors:
- Vijay Kumar Modi - Director
- Mitesh Kothari - Director
- Amrendra Kumar Tiwari - Director
Greensea Technologies reported a net loss of ₹2.85 Cr (net margin -6%) and EBITDA of -₹1.57 Cr (EBITDA margin -3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Greensea Technologies is 515% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Greensea Technologies is 27AAGCG8346N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Greensea Technologies is U45309MH2017PTC294887. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Greensea Technologies was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Greensea Technologies by revenue are Southern Roadways Private Limited, Radha Madhav Silk Mills Private Limited, Pacific Retail Centers (India) Private Limited, Artistery House Private Limited, Hotel Hans Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Amrendra Kumar Tiwari ceased to be Additional Director on 29 Sep 2024. Amrendra Kumar Tiwari was appointed as Director on 18 Nov 2022. Vijay Kumar Modi ceased to be Additional Director on 30 Nov 2021. Greensea Technologies has 6 board changes on record in total.
Greensea Technologies can be reached through the website kothariproducts.in. Its registered office is in Mumbai, Maharashtra, India.