About G.S. Majestic Developers Private Limited
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G.S. Majestic Developers Private Limited is a private limited company based in Ludhiana, Punjab, India, a subsidiary of Jujhar Constructions And Travels Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U45209PB2010PTC034325. Its GSTIN is 03AADCG9751A1ZZ (Punjab).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Sarabjit Singh and Gurdeep Singh.
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 Near Pull Jawaddi Pakhowal Road, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.86 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 10%) and EBITDA of ₹13.18 Cr (EBITDA margin 66.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹175 Cr and satisfied charges of ₹227.83 Cr on record. Court records list 17 cases involving the company, including 11 filed by the company and 5 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fastway.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNear Pull Jawaddi Pakhowal Road, Ludhiana, Punjab, India – 141002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 G.S. Majestic Developers Private Limited
The main business activity of G.S. Majestic Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | 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 G.S. Majestic Developers Private Limited FY 2024 filings available
G.S. Majestic Developers Private Limited reported revenue of ₹19.86 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of G.S. Majestic Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 14% growth in the latest year. EBITDA rose 6% 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 G.S. Majestic Developers 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 | ₹13.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.99 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 G.S. Majestic Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| 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 G.S. Majestic Developers are in the company report.
Financial statements from 2015
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 G.S. Majestic Developers Private Limited
G.S. Majestic Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Orbit Towers Pvt Ltd | ₹19.91 Cr (FY 2025) | •••• | •••• | 1336.0% | •••• | Kolkata, West Bengal, India |
| Karan-Tej Paramount Properties Private Limited | ₹19.9 Cr (FY 2023) | •••• | •••• | 1577.0% | •••• | Pune, Maharashtra, India |
| Ascent Infraspace Private Limited | ₹19.89 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Shirdi Shelters Whitefield Private Limited | ₹19.87 Cr (FY 2025) | •••• | •••• | 681.0% | •••• | Chennai, Tamil Nadu, India |
| Shreemantra Infracrates Private Limited | ₹19.86 Cr (FY 2025) | •••• | •••• | 510.0% | •••• | Gandhinagar, Gujarat, India |
| G.S. Majestic Developers Private Limited this company | ₹19.86 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Ludhiana, Punjab, India |
| Star Facilities Management Limited | ₹19.85 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | New Delhi, Delhi, India |
| Xrbia Chakan Developers Private Limited | ₹19.84 Cr (FY 2021) | •••• | •••• | -43.0% | •••• | Pune, Maharashtra, India |
| India Golf Assets Private Limited | ₹19.84 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Bengaluru, Karnataka, India |
| Classic Build Projects Private Limited | ₹19.82 Cr (FY 2025) | •••• | •••• | 174.0% | •••• | Ahmedabad, Gujarat, India |
| Sri Ganraj Buildcon Private Limited | ₹19.82 Cr (FY 2025) | •••• | •••• | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below G.S. Majestic Developers by revenue in the Real Estate industry (Builders and Developers), 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 G.S. Majestic Developers Private Limited
G.S. Majestic Developers Private Limited is audited by RAJESH MEHRU & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH MEHRU & 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 G.S. Majestic Developers Private Limited
G.S. Majestic Developers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarabjit Singh Also directs: Goldengreens Towers LLP, Surya Land Developer LLP, Aryavir Buildcon Private Limited. and 5 more | Director | 30 Sep 2010 | 16 Years 0 Months | Current |
| Gurdeep Singh Also directs: Aryavir Buildcon Private Limited., Orchard Township Private Limited, Fastway Shine Star Network Private Limited and 5 more | Director | 30 Sep 2010 | 16 Years 0 Months | Current |
| Manjot Singh Mann Also directs: Venus County Developers Private Limited, Dainik Savera Transmission Network LLP, Calibre Colonisers Private Limited and 5 more | Director | 05 Oct 2016 | 10 Years 0 Months | Current |
Ownership and Shareholding of G.S. Majestic 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 G.S. Majestic Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jan 2025 | Hdfc Bank Limited | ₹175 Cr | Open |
| 02 Jun 2021 | Axis Bank Limited | ₹40 Cr | Satisfied |
| 10 Oct 2019 | Others | ₹39 Cr | Satisfied |
| 21 Mar 2018 | Others | ₹50.73 Cr | Satisfied |
| 30 Jul 2017 | Others | ₹10 Cr | Satisfied |
Total charge records: 9 View all charges
Legal Cases of G.S. Majestic Developers Private Limited
G.S. Majestic Developers Private Limited has 17 court cases on record: 11 filed by G.S. Majestic Developers, 5 filed against it, 1 where it is another party. 6 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 4 | 5 |
| District courts | 4 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Libas Consumer Products Limited | Pending |
| Bombay High Court | Court case (CPCD) | Filed by the company against Libas Consumer Products Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against G.S. Majestic Developers Private Limited | Pending |
| Bombay High Court | Court case (COMEX) | Filed by the company against Libas Consumer Products Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Libas Consumer Products Limited | Pending |
Full case history
All 17 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 G.S. Majestic Developers Private Limited
Employment history and EPFO contributions of people linked to G.S. Majestic 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.
News related to G.S. Majestic Developers Private Limited
Recent Activity on G.S. Majestic Developers Private Limited
G.S. Majestic Developers Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Manjot Singh Mann ceased to be Additional Director on 30 Sep 2017.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for G.S. Majestic 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 G.S. Majestic 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
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Subsidiaries & Group Companies of G.S. Majestic 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 G.S. Majestic Developers Private Limited
G.S. Majestic Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCG9751A1ZZ | Punjab | Active | 01 Jul 2017 |
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 G.S. Majestic 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 G.S. Majestic Developers Private Limited
G.S. Majestic Developers is an active private limited company based in Ludhiana, Punjab, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 September 2010 (16+ years old) and is registered under CIN U45209PB2010PTC034325.
G.S. Majestic Developers reported revenue of ₹19.86 Cr for FY 2024 (up 14% YoY).
G.S. Majestic Developers has 3 current directors:
- Sarabjit Singh - Director
- Gurdeep Singh - Director
- Manjot Singh Mann - Director
G.S. Majestic Developers reported a net profit of ₹1.99 Cr (net margin 10%) and EBITDA of ₹13.18 Cr (EBITDA margin 66.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of G.S. Majestic Developers is 23% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of G.S. Majestic Developers is 03AADCG9751A1ZZ, registered in Punjab.
The CIN (Corporate Identification Number) of G.S. Majestic Developers is U45209PB2010PTC034325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G.S. Majestic Developers has 17 court cases on record: 11 filed by the company and 5 filed against it. 6 are pending. Most are in the high courts.
G.S. Majestic Developers was incorporated on 30 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of G.S. Majestic Developers by revenue are Orbit Towers Pvt Ltd, Karan-Tej Paramount Properties Private Limited, Ascent Infraspace Private Limited, Shirdi Shelters Whitefield Private Limited, Shreemantra Infracrates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Manjot Singh Mann ceased to be Additional Director on 30 Sep 2017. Manjot Singh Mann was appointed as Director on 05 Oct 2016. Gurdeep Singh was appointed as Director on 30 Sep 2010. G.S. Majestic Developers has 4 board changes on record in total.