Grandmark Developers Private Limited

Founded in 2016 and headquartered in Orissa, India.

2016 | Khorda, Odisha (India) | Active
Last Updated: December 25, 2024

Grandmark Developers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.12 M
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.82 Cr
  • Satisfied Charges ₹ 0.50 M
  • Revenue Growth -29.45%
  • Profit Growth -67.38%
  • Ebitda -79.07%
  • Net Worth 7.84%
  • Total Assets 18.33%

About Grandmark Developers

Grandmark Developers Private Limited (GDPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 December 2016 (Eight years and two months 2 days old ). Its registered office is in Khorda, Odisha, India.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.12 M.

The company currently has active open charges totaling ₹5.82 Cr. The company has closed loans amounting to ₹0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sudhir Gugnani, Ashmeet Gugnani, and Rajinder Gugnani serve as directors at the Company.

Company Details

  • Location

    Khorda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200OR2016PTC039585

  • Company No.

    308744

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 2016

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Grandmark Developers?

Board Members (3)

Name Designation Appointment Date Status
Sudhir Gugnani Country flag representing In Director 01-Dec-2016 Current
Ashmeet Gugnani Country flag representing In Director 01-Dec-2016 Current
Rajinder Gugnani Country flag representing In Director 01-Dec-2016 Current

Financial Performance of Grandmark Developers.

Grandmark Developers Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.45% decrease. The company also saw a substantial fall in profitability, with a 67.38% decrease in profit. The company's net worth moved up by a moderate rise of 7.84%.

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
-29.45%
Revenue from Operations
-29.38%
Total Assets
18.33%
Profit or Loss
-67.38%
Net Worth
7.84%
EBITDA
-79.07%

What is the Ownership and Shareholding Structure of Grandmark Developers?

In 2020, Grandmark Developers 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

₹58.25 M

Satisfied Charges

₹0.50 M

Charges Breakdown by Lending Institutions

  • Others : 3.30 Cr
  • Hdfc Bank Limited : 2.52 Cr

Latest Charge Details

Date Lender Amount Status
04 Dec 2024 Others ₹8.00 M Open
21 Feb 2024 Others ₹2.50 Cr Open
21 Jun 2023 Hdfc Bank Limited ₹1.27 Cr Open
31 May 2022 Hdfc Bank Limited ₹1.25 Cr Open
13 Apr 2021 Hdfc Bank Limited ₹0.50 M Satisfied

How Many Employees Work at Grandmark Developers?

Unlock and access historical data on people associated with Grandmark Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grandmark Developers, 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 Grandmark Developers'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 Grandmark Developers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 8.00 M with Charge ID 101010621 was registered on 04 Dec 2024.

    04 Dec 2024

  • Annual General Meeting

    Grandmark Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Grandmark Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 25.01 M with Charge ID 100867975 was registered on 21 Feb 2024.

    21 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 12.74 M with Charge ID 100773450 was registered on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge registered on 13 Apr 2021 via Charge ID 100443441 with Hdfc Bank Limited was fully satisfied on 25 May 2023.

    25 May 2023

Frequently asked questions

  • Grandmark Developers Private Limited was incorporated on 01 Dec 2016.

  • The authorized share capital of Grandmark Developers Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.12 M.

  • Currently 3 directors are associated with Grandmark Developers Private Limited.

    • Sudhir Gugnani
    • Ashmeet Kumar Gugnani
    • Rajinder Kumar Gugnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grandmark Developers Private Limited is K1-123 Kalinganagar, India, Bhubaneswar, Orissa, 751003.

  • The corporate identification number (CIN) of Grandmark Developers Private Limited is U45200OR2016PTC039585 and the company number is 308744 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grandmark Developers Private Limited is https://www.grandmark.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Grandmark Developers Private Limited has fallen by -29.45%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Grandmark Developers Private Limited has experienced an upsurge of 7.84%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Grandmark Developers Private Limited amount to ₹ 5.82 Cr.

  • The most recent Balance Sheet for Grandmark Developers Private Limited was filed with the ROC on 31 Mar 2024.

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