About G.V Properties Private Limited
Data last updated:
G.V Properties Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2007PTC041384. Its GSTIN is 29AACCG7594E1Z9 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Neel Virwani and George Kelachandra Joseph.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at I Floor Embassy Point 150 Infantry Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.2 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net loss of ₹1.04 Cr and EBITDA of -₹30.87 Lakh (EBITDA margin -152.8%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 62% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹403.3 Cr on record. Court records list 7 cases involving the company, including 2 filed by the company and 1 filed against it; 6 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in September 2008. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Samava Assets Private Limited with revenue of ₹20.22 Lakh. The company has 8 MSME Form 1 returns on record between 2020 and 2023, listing 35 overdue payments to 18 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website embassyindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressI Floor Embassy Point 150 Infantry Road, Bangalore, Karnataka, India – 560001
- 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
Financials of G.V Properties Private Limited FY 2025 filings available
G.V Properties Private Limited reported revenue of ₹20.2 Lakh (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of G.V Properties Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 62% over five years, including a 72% fall in the latest year. EBITDA fell 198% 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.V Properties 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 | -₹30.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.04 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.V Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -152.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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.V Properties 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.V Properties Private Limited
G.V Properties 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 |
|---|---|---|---|---|---|---|
| Samava Assets Private Limited | ₹20.22 Lakh (FY 2024) | •••• | •••• | 12.0% | •••• | Panaji, Goa, India |
| Bhadoria Construction Pvt Ltd | ₹20.21 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Hafizabad Real Estate Private Limited | ₹20.21 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Manimajra, Chandigarh, India |
| Maan Softech Private Limited | ₹20.21 Lakh (FY 2024) | •••• | •••• | -81.0% | •••• | New Delhi, Delhi, India |
| V.S.Promoters and Builders Private Limited | ₹20.21 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Lucknow, Uttar Pradesh, India |
| G.V Properties Private Limited this company | ₹20.2 Lakh (FY 2025) | •••• | •••• | -72.0% | •••• | Bangalore, Karnataka, India |
| Alternative Habitat Private Limited | ₹20.2 Lakh (FY 2025) | •••• | •••• | 281.0% | •••• | New Delhi, Delhi, India |
| P K Properties Private Limited | ₹20.2 Lakh (FY 2024) | •••• | •••• | 52.0% | •••• | Lucknow, Uttar Pradesh, India |
| Astha Agritech Products (I) Private Limited | ₹20.19 Lakh (FY 2025) | •••• | •••• | •••• | Agra, Uttar Pradesh, India | |
| Satya Estate Enterprises Private Limited | ₹20.19 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | New Delhi, Delhi, India |
| Swarnmahal Realtors Private Limited | ₹20.18 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below G.V Properties 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.V Properties Private Limited
G.V Properties Private Limited is audited by HRA & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| HRA & 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.V Properties Private Limited
G.V Properties has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neel Virwani Also directs: Golflinks Properties Private Limited, Cbe Developers LLP, Embassy Motion Pictures LLP and 5 more | Director | 19 Aug 2024 | 2 Years 1 Months | Current |
| George Kelachandra Joseph Also directs: Kelachandra Holdings LLP, Kelachandra Hospitality LLP, Kelachandra Commodities LLP and 5 more | Director | 30 Jan 2008 | 18 Years 8 Months | Current |
| Karan Virwani | Director | 27 Mar 2015 | 11 Years 6 Months | Current |
| Kuruvilla Joseph Kelachandra Also directs: Kelachandra Holdings LLP, Kelachandra Hospitality LLP, Kelachandra Commodities LLP and 5 more | Director | 30 Jan 2008 | 18 Years 8 Months | Current |
Ownership and Shareholding of G.V Properties 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.V Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2018 | Hdfc Bank Limited | ₹161 Cr | Satisfied |
| 08 Aug 2016 | Hdfc Bank Limited | ₹19.5 Cr | Satisfied |
| 07 Sep 2013 | Hdfc Bank Limited | ₹44 Cr | Satisfied |
| 09 May 2012 | Citibank N.A. | ₹29 Cr | Satisfied |
| 14 May 2010 | Kotak Mahindra Bank Limited | ₹50 Cr | Satisfied |
Total charge records: 8 View all charges
Deals & Funding of G.V Properties Private Limited
G.V Properties Private Limited has 2 deals on record (2 secondary share transfers); the latest was in September 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Dynasty Developers Private Limited Seller: Embassy Leasing Private Limited , JV Holding Private Limited |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: JV Holding Private Limited , Embassy Leasing Private Limited , 2 individuals Seller: 2 individuals |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of G.V Properties Private Limited
G.V Properties Private Limited has 7 court cases on record: 2 filed by G.V Properties, 1 filed against it, 4 where it is another party. 6 cases are pending and 1 is disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 5 |
| District courts | 2 | 0 | 1 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by Commissioner of Central Tax | Pending |
| High Court of Karnataka | Appeal | Company is another party | Pending |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Court case (FDP) | Company is another party | Pending |
Full case history
All 7 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.
MSME Payment Delays by G.V Properties Private Limited
G.V Properties Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 35 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Hra & Co | •••• | •••• | •••• |
| C N K H S K A & Associates LLP | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Trans Power Systems | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at G.V Properties Private Limited
Employment history and EPFO contributions of people linked to G.V Properties.
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 G.V Properties Private Limited
G.V Properties Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Neel Virwani ceased to be Director on 19 Sep 2024.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for G.V Properties 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.
Subsidiaries & Group Companies of G.V Properties 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.V Properties Private Limited
G.V Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG7594E1Z9 | Karnataka | 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.V Properties 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.V Properties Private Limited
G.V Properties is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 January 2007 (19+ years old) and is registered under CIN U45201KA2007PTC041384.
G.V Properties reported revenue of ₹20.2 Lakh for FY 2025 (down 72% YoY).
G.V Properties has 4 current directors:
- Neel Virwani - Director
- George Kelachandra Joseph - Director
- Karan Virwani - Director
- Kuruvilla Joseph Kelachandra - Director
G.V Properties reported a net loss of ₹1.04 Cr and EBITDA of -₹30.87 Lakh (EBITDA margin -152.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of G.V Properties is 39% over three years and -62% over five years. In the latest year (FY 2025) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of G.V Properties is 29AACCG7594E1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of G.V Properties is U45201KA2007PTC041384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G.V Properties has 7 court cases on record: 2 filed by the company and 1 filed against it. 6 are pending. Most are in the high courts.
G.V Properties was incorporated on 04 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
G.V Properties has 2 deals on record (2 secondary share transfers); the latest was in September 2008.
The peers of G.V Properties by revenue are Samava Assets Private Limited, Bhadoria Construction Pvt Ltd, Hafizabad Real Estate Private Limited, Maan Softech Private Limited, V.S.Promoters and Builders Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Neel Virwani ceased to be Director on 19 Sep 2024. Neel Virwani was appointed as Director on 19 Aug 2024. Karan Virwani ceased to be Additional Director on 30 Sep 2015. G.V Properties has 11 board changes on record in total.