Golden Gate Properties Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
- Paid Up Capital ₹ 54.46 Cr
- Company Age 29 Year, 4 Months
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 194.24 Cr
- Satisfied Charges ₹ 459.59 Cr
- Revenue Growth -21.82%
- Profit Growth 126.86%
- Ebitda 9.21%
- Net Worth 2.43%
- Total Assets -17.23%
About Golden Gate Properties
Golden Gate Properties Limited (GGPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 September 1995 and has a history of 29 years and four months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Golden Gate Properties & Finance 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 2020. It's a company limited by shares with an authorized capital of Rs 85.00 Cr and a paid-up capital of Rs 54.46 Cr.
The company currently has active open charges totaling ₹194.24 Cr. The company has closed loans amounting to ₹459.59 Cr, as per Ministry of Corporate Affairs (MCA) records.
Parwath Madireddy, Kanukolanu Sambamurthy, Ratish Moorthy, and One other member serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70102KA1995PLC018889
- Company No.
018889
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Sep 1995
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
What products or services does Golden Gate Properties Limited offer?
Golden Gate Properties Limited offers a wide range of products and services, including Relays and Contactors, Ground & Phase Protection Relay.
Who are the key members and board of directors at Golden Gate Properties?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Gogula  | Additional Director | 07-Nov-2024 | Current |
| Parwath Madireddy | Additional Director | 01-Sep-2023 | Current |
| Kanukolanu Sambamurthy | Additional Director | 01-Jun-2023 | Current |
| Ratish Moorthy | Whole-Time Director | 23-Feb-2018 | Current |
Financial Performance of Golden Gate Properties.
Golden Gate Properties Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 21.82% decrease. The company also saw a substantial improvement in profitability, with a 126.86% increase in profit. The company's net worth moved up by a moderate rise of 2.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Golden Gate Properties?
In 2020, Golden Gate Properties had a promoter holding of 96.32% and a public holding of 3.68%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Orchids Elite Developers Private LimitedKanukolanu Sambamurthy is a mutual person
Commune Properties India Private LimitedKanukolanu Sambamurthy and Ratish Moorthy are mutual person
Greentree Solar Solutions Private LimitedParwath Madireddy is a mutual person
- Golden Gate Holding Private Limited
Kanukolanu Sambamurthy and Ratish Moorthy are mutual person
- Bhagya Lakshmi Properties Private Limited
Kanukolanu Sambamurthy is a mutual person
- Go Gaming Online Private Limited
Kanukolanu Sambamurthy is a mutual person
Charges (Loans)
₹194.24 Cr
₹459.59 Cr
Charges Breakdown by Lending Institutions
- Jm Financial Asset Reconstruction Company Private Limited : 112.72 Cr
- Others : 70.65 Cr
- Srei Equipment Finance Limited : 5.09 Cr
- Hdb Financial Services Limited : 3.73 Cr
- Srei Equipment Finance Private Limited : 1.10 Cr
- Others : 0.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Feb 2019 | Others | ₹28.00 Cr | Open |
| 19 Dec 2017 | Others | ₹40.00 Cr | Open |
| 21 Mar 2017 | Others | ₹2.65 Cr | Open |
| 22 Sep 2015 | Srei Equipment Finance Limited | ₹5.50 M | Open |
| 08 Sep 2015 | Jm Financial Asset Reconstruction Company Private Limited | ₹50.00 Cr | Open |
How Many Employees Work at Golden Gate Properties?
Golden Gate Properties has a workforce of 20 employees as of Apr 08, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Golden Gate Properties, 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 Golden Gate Properties's trajectory.
Rating
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
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.
