About Quest Properties India Limited
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Quest Properties India Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Rpsg Ventures Limited. It operates in the mall and retail management segment of the business services sector. It was incorporated on 22 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB2006PLC108175.
The company has an authorised share capital of ₹270 Cr and a paid-up capital of ₹262.52 Cr. It was formerly known as Cesc Properties Limited and Cesc Properties Private Limited. It is led by directors including Sanjeev Mehra (Whole-Time Director) and Rajarshi Banerjee.
Its last annual general meeting (AGM) was held on 20 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Cesc House Chowringhee Square, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹140.28 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹34.81 Cr (net margin 24.8%) and EBITDA of ₹85.33 Cr (EBITDA margin 60.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company has about 45 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Quest Mall and RPSG Group. As per MCA filings, the company has open charges of ₹583 Cr and satisfied charges of ₹555 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹129.96 Cr; the latest was in March 2016. Its 10 peer companies in the Business Services industry (Mall Management) are compared by revenue, 5 larger and 5 smaller; the largest is Nexus Vijaya Retail Private Limited with revenue of ₹171.96 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rpsg.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressCesc House Chowringhee Square, Kolkata, West Bengal, India – 700001
- IndustryBusiness Services, Mall & Retail Management
- 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 Quest Properties India Limited
The main business activity of Quest Properties India 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 Quest Properties India Limited FY 2025 filings available
Quest Properties India Limited reported revenue of ₹140.28 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Quest Properties India Limited
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 21% 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 Quest Properties India 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 | ₹85.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.81 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 Quest Properties India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 24.8% | •••• | •••• | •••• | •••• |
| 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 Quest Properties India 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 Quest Properties India Limited
Quest Properties India Limited is compared with the companies closest to it by revenue in the Business Services industry (Mall Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nexus Vijaya Retail Private Limited | ₹171.96 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Market City Resources Private Limited | ₹170.62 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mahalaxmi, Maharashtra, India |
| Nambi Buildwell Limited | ₹163.18 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Oberoi Mall Limited | ₹156.98 Cr (FY 2023) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| D B Malls Private Limited | ₹155.04 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bhopal, Madhya Pradesh, India |
| Quest Properties India Limited this company | ₹140.28 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Insight Mall Developers Private Limited | ₹139.31 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mahalaxmi, Maharashtra, India |
| Sheth Developers & Realtors (India) Limited | ₹123.82 Cr (FY 2022) | •••• | •••• | 18.0% | •••• | Thane, Maharashtra, India |
| Samdariya Builders Private Limited | ₹119.48 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Jalgaon, Maharashtra, India |
| Chitrali Properties Private Limited | ₹117.52 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Pune, Maharashtra, India |
| E-City Real Estates Private Limited | ₹115.89 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Quest Properties India by revenue in the Business Services industry (Mall Management), 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 Quest Properties India Limited
Quest Properties India Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | 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 Quest Properties India Limited
Quest Properties India has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajarshi Banerjee Also directs: Kota Electricity Distribution Limited, Bharatpur Electricity Services Limited, Bikaner Electricity Supply Limited and 5 more | Director | 19 Nov 2013 | 12 Years 10 Months | Current |
| Saumyapriya Bose Also directs: RPSG Sports Private Limited, Guiltfree Industries Limited, Integrated Coal Mining Ltd and 2 more | Director | 01 Feb 2021 | 5 Years 8 Months | Current |
| Sanjeev Mehra | Whole-Time Director | 01 Sep 2024 | 2 Years 1 Months | Current |
Ownership and Shareholding of Quest Properties India 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 Quest Properties India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2025 | Others | ₹550 Cr | Open |
| 18 Mar 2016 | Others | ₹33 Cr | Open |
| 26 Mar 2014 | Icici Bank Limited | ₹210 Cr | Satisfied |
| 24 Sep 2013 | Yes Bank Limited | ₹60 Cr | Satisfied |
| 28 Mar 2012 | Yes Bank Limited | ₹160 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Quest Properties India Limited
Quest Properties India Limited has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹129.96 Cr; the latest was in March 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Rights issue | ₹13.01 Cr | Investors: RPSG Ventures Limited |
| Mar 2014 | Rights issue | ₹119.5 Cr | Investors: RPSG Ventures Limited |
| Mar 2013 | Funding round | ₹45 Cr | Investors: RPSG Ventures Limited |
| Mar 2011 | Funding round | ₹84.96 Cr | Investors: RPSG Ventures Limited |
| Apr 2007 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Full deal history
All 6 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 Quest Properties India Limited
Quest Properties India Limited has 4 court cases on record: 2 filed by Quest Properties India, 2 filed against it. 1 case is pending and 3 are disposed. Status as checked between 21 Sep 2026 and 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Cradle Runways (India) Private Limited | Pending |
| Calcutta High Court | Arbitration matter | Filed against the company by Fashion Pvt Ltd | Disposed |
| Calcutta High Court | Court case (APOT) | Filed by the company against Fashion Pvt Ltd | Disposed |
Full case history
All 4 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.
Associated Brands with Quest Properties India Limited
Quest Properties India operates two associated brands: Quest Mall and RPSG Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operations in power, retail, IT services, and other sectors across India and globally. | rpsg.in | |
| Retail, dining, and entertainment services in Kolkata. | questmall.in |
Employees and EPFO Compliance at Quest Properties India Limited
Quest Properties India Limited has a workforce of 45 employees as of Apr 05, 2024.
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.
Group Structure of Quest Properties India Limited
Quest Properties India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Metromark Green Commodities Private Limited | U51221WB2004PTC098581 | Locked |
Showing major subsidiaries. Total: 1.
Name History of Quest Properties India Limited
Quest Properties India has undergone 4 name changes throughout its history. The current legal name is Quest Properties India Limited.
| Company Name | Status |
|---|---|
| Quest Properties India Limited | Current |
| Cesc Properties Limited | Previous |
| Cesc Properties Private Limited | Previous |
| Rosemery Enclave Pvt Ltd | Previous |
| Rosemery Enclave Private Limited | Previous |
CIN History of Quest Properties India Limited
Quest Properties India has one previous CIN (Corporate Identification Number): U70101WB2006PTC108175. The current CIN is U70101WB2006PLC108175, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB2006PLC108175 | Current |
| U70101WB2006PTC108175 | Previous |
Recent Activity on Quest Properties India Limited
Quest Properties India Limited has 16 board changes on record since 2007: 3 appointments and 13 cessations. The latest: Sanjeev Mehra was appointed as Whole-Time Director on 01 Sep 2024.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Quest Properties India 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 Quest Properties India 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 Quest Properties India 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 Quest Properties India Limited
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 Quest Properties India 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.
Related news about Quest Properties India Limited
Frequently Asked Questions about Quest Properties India Limited
Quest Properties India is an active public limited company based in Kolkata, West Bengal, India. The company works in mall and retail management, within the business services industry. It was incorporated on 22 February 2006 (20+ years old) and is registered under CIN U70101WB2006PLC108175.
Quest Properties India reported revenue of ₹140.28 Cr for FY 2025 (down 9% YoY).
Quest Properties India has 3 current directors:
- Sanjeev Mehra - Whole-Time Director
- Rajarshi Banerjee - Director
- Saumyapriya Bose - Director
Quest Properties India reported a net profit of ₹34.81 Cr (net margin 24.8%) and EBITDA of ₹85.33 Cr (EBITDA margin 60.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quest Properties India is 8% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 9%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Quest Properties India is U70101WB2006PLC108175. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quest Properties India has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Quest Properties India was incorporated on 22 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Kolkata.
Quest Properties India has 6 deals on record (2 funding rounds, 2 rights issues, 2 secondary share transfers), with disclosed funding of ₹129.96 Cr; the latest was in March 2016.
The peers of Quest Properties India by revenue are Nexus Vijaya Retail Private Limited, Market City Resources Private Limited, Nambi Buildwell Limited, Oberoi Mall Limited, D B Malls Private Limited and 5 more, all in the Business Services industry (Mall Management).
Sanjeev Mehra was appointed as Whole-Time Director on 01 Sep 2024. Mukesh Kumar ceased to be Managing Director on 30 Aug 2024. Rajendra Jha ceased to be Director on 31 Mar 2024. Quest Properties India has 16 board changes on record in total.