Gera Developments Private Limited

Develops luxury residential and commercial properties in Pune, Goa, and Bangalore regions.

1988 | Pune, Maharashtra (India) | Active
Last Updated: January 10, 2024

Gera Developments Profile

Key Indicators

  • Authorised Capital ₹ 33.10 Cr
  • Paid Up Capital ₹ 1.84 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 390.00 Cr
  • Satisfied Charges ₹ 2,305.35 Cr
  • Revenue Growth 43.59%
  • Profit Growth 6.63%
  • Ebitda -0.71%
  • Net Worth 25.29%
  • Total Assets 20.11%

About Gera Developments

Gera Developments Private Limited (GDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 October 1988 and has a history of 36 years and four months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Prita Developments Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 33.10 Cr and a paid-up capital of Rs 1.84 Cr.

The company currently has active open charges totaling ₹390.00 Cr. The company has closed loans amounting to ₹2,305.35 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gera Developments Private Limited India are Ashish Jangda as COMPANY SECRETARY and Swapan Mukherjee as Cfo. Kumar Gera and Rohit Gera serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gera.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70102PN1988PTC049303

  • Company No.

    049303

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Oct 1988

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Real Estate and Construction

What products or services does Gera Developments Private Limited offer?

Gera Developments Private Limited offers a wide range of products and services, including Real Estate Services, Broom Raw Material, Broom Grass.

Who are the key members and board of directors at Gera Developments?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashish Jangda Country flag representing In Company Secretary01-Mar-2019Current
Swapan Mukherjee Country flag representing In CFO08-Oct-2018Current
Rohit Gera Country flag representing In Managing Director01-Apr-1994Current

Board Members (1)

NameDesignationAppointment DateStatus
Kumar Gera Country flag representing In Director 19-Oct-1988Current

Financial Performance of Gera Developments.

Gera Developments Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.59% increase. The company also saw a slight improvement in profitability, with a 6.63% increase in profit. The company's net worth Soared by an impressive increase of 25.29%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
43.59%
Revenue from Operations
44.59%
Total Assets
20.11%
Profit or Loss
6.63%
Net Worth
25.29%
EBITDA
-0.71%

What is the Ownership and Shareholding Structure of Gera Developments?

In 2023, Gera Developments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹390.00 Cr

Satisfied Charges

₹2,305.35 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 220.00 Cr
  • Others : 170.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Aug 2023Others₹140.00 CrOpen
27 Jun 2023Axis Bank Limited₹160.00 CrOpen
27 Jun 2023Others₹30.00 CrOpen
27 Sep 2022Axis Bank Limited₹60.00 CrOpen
30 Apr 2022Idbi Trusteeship Services Limited₹48.00 CrSatisfied

How Many Employees Work at Gera Developments?

Gera Developments has a workforce of 213 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gera Developments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gera Developments's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gera Developments

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 160.00 Cr registered on 27 Jun 2023 with Charge ID 100749052 was modified on 12 Dec 2023.

    12 Dec 2023

  • Charges

    A charge registered on 09 Oct 2020 via Charge ID 100395567 with Others was fully satisfied on 19 Oct 2023.

    19 Oct 2023

  • Charges

    A charge with Others of Rs. 140.00 Cr registered on 09 Aug 2023 with Charge ID 100774231 was modified on 30 Aug 2023.

    30 Aug 2023

  • Charges

    A charge with Others amounted to Rs. 140.00 Cr with Charge ID 100774231 was registered on 09 Aug 2023.

    09 Aug 2023

  • Charges

    A charge registered on 20 Jul 2021 via Charge ID 100461200 with Idbi Trusteeship Services Limited was fully satisfied on 18 Jul 2023.

    18 Jul 2023

  • Charges

    A charge registered on 31 May 2021 via Charge ID 100447231 with Idbi Trusteeship Services Limited was fully satisfied on 18 Jul 2023.

    18 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Gera Developments Private Limited was incorporated on 19 Oct 1988.

  • The authorized share capital of Gera Developments Private Limited is ₹ 33.10 Cr and paid-up capital is ₹ 1.84 Cr.

  • Currently 4 directors are associated with Gera Developments Private Limited.

    • Ashish Tilakraj Jangda
    • Swapan Mukherjee
    • Kumar Pritamdas Gera
    • Rohit Kumar Gera
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gera Developments Private Limited is 200 Gera Plazaboat Club Rd, Pune, Maharashtra, India, 411001.

  • The corporate identification number (CIN) of Gera Developments Private Limited is U70102PN1988PTC049303 and the company number is 049303 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gera Developments Private Limited is https://www.gera.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gera Developments Private Limited has risen by 43.59%.

  • As Per 2023 financial reports, 213 employees are currently employed by Gera Developments Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gera Developments Private Limited has experienced an upsurge of 25.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gera Developments Private Limited amount to ₹ 390.00 Cr.

  • The most recent Balance Sheet for Gera Developments Private Limited was filed with the ROC on 31 Mar 2022.

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