Golden Gate Properties Profile
Key Indicators
- Authorised Capital ₹ 85.00 Cr
- Paid Up Capital ₹ 54.46 Cr
- Company Age 29 Year, 5 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 five 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
Real Estate and Construction
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.
Golden Gate Properties Limited
Explore comprehensive data for Golden Gate Properties Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Open Charges
₹194.24 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Golden Gate Properties
Recent activity within the organization
- Director Appointment
Sunil Reddy Gogula was appointed as a Additional Director was appointed as a Additional Director on 07 Nov 2024 & has been associated with this company since 4 months 17 days .
- Director Appointment
Parwath Reddy Madireddy was appointed as a Additional Director was appointed as a Additional Director on 01 Sep 2023 & has been associated with this company since 1 year 6 months .
- Charges
A charge registered on 28 Aug 2015 via Charge ID 10593388 with Housing Development Finance Corporation Limited was fully satisfied on 29 Jun 2023.
- Director Appointment
Kanukolanu Satish Sambamurthy was appointed as a Additional Director was appointed as a Additional Director on 01 Jun 2023 & has been associated with this company since 1 year 9 months .
- Annual General Meeting
Golden Gate Properties Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
- Balance Sheet
Golden Gate Properties Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Frequently asked questions
What is the Incorporation or founding date of Golden Gate Properties Limited?
Golden Gate Properties Limited was incorporated on 28 Sep 1995.
What is authorized share capital and paid-up capital of Golden Gate Properties Limited?
The authorized share capital of Golden Gate Properties Limited is ₹ 85.00 Cr and paid-up capital is ₹ 54.46 Cr.
Who are the current board members & directors of Golden Gate Properties Limited?
Currently 4 directors are associated with Golden Gate Properties Limited.
- Parwath Reddy Madireddy
- Kanukolanu Satish Sambamurthy
- Ratish Kumar Moorthy
- Sunil Reddy Gogula
What is the registered address of Golden Gate Properties Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Golden Gate Properties Limited is 820 80 Feet Road 20Th Main 8Th Block, Koramangala India, Bangalore, Karnataka, 560095.
What is the corporate identification number (CIN) and company number of Golden Gate Properties Limited?
The corporate identification number (CIN) of Golden Gate Properties Limited is U70102KA1995PLC018889 and the company number is 018889 as per Ministry of Corporate Affairs (MCA).
What is the official website of Golden Gate Properties Limited?
The Official website of Golden Gate Properties Limited is https://www.ggproperties.com
What has been the recent revenue trend for Golden Gate Properties Limited?
According to the financial reports for the fiscal year 2020, the revenue trend for Golden Gate Properties Limited has fallen by -21.82%.
How many employees does Golden Gate Properties Limited currently have?
As Per 2020 financial reports, 20 employees are currently employed by Golden Gate Properties Limited.
What change has been observed in the net worth of Golden Gate Properties Limited, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of Golden Gate Properties Limited has experienced an upsurge of 2.43%.
What are the total open charges for Golden Gate Properties Limited?
As per the financial statements for fiscal Year 2020, The total open charges for Golden Gate Properties Limited amount to ₹ 194.24 Cr.
When was the last Balance Sheet of Golden Gate Properties Limited filed with the ROC?
The most recent Balance Sheet for Golden Gate Properties Limited was filed with the ROC on 31 Mar 2020.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
RoopeshDirectorKG
Kishore GotetyDirectorSR
Sanjay RajWholetime DirectorPK
Pratap KundaManaging DirectorAD
Amarnath DevakiDirectorVK
Venkat KondapalliDirectorAB
Anil BajajDirectorLS
Luv ShahAdditional Director