About Walkwater Properties Private Limited
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Walkwater Properties Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Jbcg Advisory Services Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 22 October 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC175247. Its GSTIN is 27AAGCA6454P1Z3 (Maharashtra).
The company had an authorised share capital of ₹29 Cr and a paid-up capital of ₹21.57 Cr. It was formerly known as Adlabs Properties Private Limited. It was led by directors including Kapil Vishnu Bagla and Surajit Sarkar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹70.18 Cr, a growth of 122% compared to the previous year. For the same year it recorded a net profit of ₹36.83 Lakh (net margin 0.5%) and EBITDA of ₹36.83 Lakh (EBITDA margin 0.5%). Revenue has grown at a compounded annual rate (CAGR) of 178% over five years.
The company was associated with 1 brand: Imagicaa. As per MCA filings, the company had satisfied charges of ₹1,230 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending. The company has 5 deals on record (3 acquisitions, 2 secondary share transfers); the latest was in May 2018.
The last known website on record is imagicaaworld.com.
Company details
Contact details
Walkwater Properties Private Limited's registered office is in Mumbai, Maharashtra. Its website is imagicaaworld.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 302 36 Turner Road Building Turner Road, Tps – 3 Opp. Tavaa Restaurant Bandra West, Mumbai, Maharashtra, India – 400050
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Walkwater 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
Brands
Walkwater Properties operates one associated brand: Imagicaa. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operator of theme & water park | imagicaaworld.com |
Business activity
The main business activity of Walkwater 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 Walkwater Properties Private Limited, buy the company report.
Financials of Walkwater Properties Private Limited
FY 2023 filings availableWalkwater Properties Private Limited reported revenue of ₹70.18 Cr (up 122% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 178% over five years, including 122% growth in the latest year. EBITDA fell 99% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹70.18 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹36.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.83 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Walkwater Properties Private Limited, buy the company report.
Board of directors of Walkwater Properties Private Limited
Walkwater Properties has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Vishnu Bagla | Director | 01 Mar 2023 | 3 Years 7 Months | As last reported |
| Surajit Sarkar Also directs: Acapella Foods and Restaurants Private Limited, S.A.M Bakes LLP, Knowledge Foods Private Limited and 5 more | Director | 08 Feb 2023 | 3 Years 8 Months | As last reported |
| Darshansingh Balbirsingh Sandhu Also directs: S.A.M Bakes LLP, Blue Lotus Asset Management LLP, Knowledge Foods Private Limited and 5 more | Director | 08 Feb 2023 | 3 Years 8 Months | As last reported |
Auditor
Walkwater Properties Private Limited is audited by A.T Jain & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.T Jain & Co | FY 2023 | 103886W |
Shareholding
The shareholding of Walkwater Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Walkwater Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2019 | 100238252 | Idbi Trusteeship Services Limited | ₹1,220 Cr | Satisfied | |
| 07 Oct 2016 | 100056552 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Walkwater Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Walkwater Properties Private Limited has 5 deals on record (3 acquisitions, 2 secondary share transfers); the latest was in May 2018.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2018 | Acquisition | Undisclosed | Buyer: Shaan Agro and Realty India Private Limited Seller: Imagicaaworld Entertainment Limited |
| Mar 2016 | Acquisition | ₹105.76 Cr | Buyer: Imagicaaworld Entertainment Limited |
| Sep 2014 | Acquisition | ₹40.5 Lakh | Buyer: Imagicaaworld Entertainment Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Imagicaaworld Entertainment Limited , Adlabs Entertainment Limited & Kapil Bagla, Adlabs Entertainment Limited & CA Deepak Agrawal Seller: 2 individuals |
To see the full deal history of Walkwater Properties Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Walkwater Properties Private Limited has 3 court cases on record: 3 filed by Walkwater Properties. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against PR Commissioner of Income Tax 3 | Pending |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Walkwater 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 Walkwater Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Walkwater Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCA6454P1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Walkwater Properties Private Limited, buy the company report.
Recent activity
Walkwater Properties Private Limited has 18 board changes on record since 2012: 3 appointments and 15 cessations. The latest: Darshansingh Balbirsingh Sandhu ceased to be Additional Director on 29 Sep 2023.
14 earlier events are in the company report.
News
Frequently asked questions
Walkwater Properties has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Walkwater Properties was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 22 October 2007 and is registered under CIN U45400MH2007PTC175247. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Walkwater Properties was incorporated on 22 October 2007. It is registered with the Registrar of Companies, Mumbai.
Walkwater Properties had 3 directors:
- Kapil Vishnu Bagla - Director
- Surajit Sarkar - Director
- Darshansingh Balbirsingh Sandhu - Director
The CIN (Corporate Identification Number) of Walkwater Properties is U45400MH2007PTC175247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Walkwater Properties is at A – 302 36 Turner Road Building Turner Road, Tps – 3 Opp. Tavaa Restaurant Bandra West, Mumbai, Maharashtra, India – 400050.
Walkwater Properties can be reached through the website imagicaaworld.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Walkwater Properties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Walkwater Properties is 27AAGCA6454P1Z3, registered in Maharashtra.
Walkwater Properties operated in the financial services industry, in the real estate financing segment.