G.S. Majestic Developers Private Limited

Provides real estate services to clients.

2010 | Ludhiana, Punjab (India) | Active
Last Updated: December 29, 2024

G.S. Majestic Developers Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 40.00 Cr
  • Satisfied Charges ₹ 187.83 Cr
  • Revenue Growth 36.03%
  • Profit Growth 134.12%
  • Ebitda 20.19%
  • Net Worth 3.03%
  • Total Assets 0.45%

About G.S. Majestic Developers

G.S. Majestic Developers Private Limited (GMDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 September 2010 and has a history of 14 years and four months. Its registered office is in Ludhiana, Punjab, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹40.00 Cr. The company has closed loans amounting to ₹187.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manjot Mann, Gurdeep Singh, and Sarabjit Singh serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fastway.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45209PB2010PTC034325

  • Company No.

    034325

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 2010

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Real Estate and Construction

Who are the key members and board of directors at G.S. Majestic Developers?

Board Members (3)

NameDesignationAppointment DateStatus
Manjot Mann Country flag representing In Director 05-Oct-2016Current
Gurdeep Singh Country flag representing In Director 30-Sep-2010Current
Sarabjit Singh Country flag representing In Director 30-Sep-2010Current

Financial Performance of G.S. Majestic Developers.

G.S. Majestic Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.03% increase. The company also saw a substantial improvement in profitability, with a 134.12% increase in profit. The company's net worth moved up by a moderate rise of 3.03%.

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
36.03%
Revenue from Operations
42.04%
Total Assets
0.45%
Profit or Loss
134.12%
Net Worth
3.03%
EBITDA
20.19%

What is the Ownership and Shareholding Structure of G.S. Majestic Developers?

In 2023, G.S. Majestic 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

₹40.00 Cr

Satisfied Charges

₹187.83 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 40.00 Cr

Latest Charge Details

DateLenderAmountStatus
02 Jun 2021Axis Bank Limited₹40.00 CrOpen
10 Oct 2019Others₹39.00 CrSatisfied
21 Mar 2018Others₹50.73 CrSatisfied
30 Jul 2017Others₹10.00 CrSatisfied
17 Apr 2017Others₹8.50 CrSatisfied

How Many Employees Work at G.S. Majestic Developers?

Unlock and access historical data on people associated with G.S. Majestic 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 G.S. Majestic 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 G.S. Majestic 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 G.S. Majestic Developers

Recent activity within the organization

  • Annual General Meeting

    G.S. Majestic Developers Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    G.S. Majestic Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100453866 was registered on 02 Jun 2021.

    02 Jun 2021

  • Charges

    A charge registered on 10 Oct 2019 via Charge ID 100310959 with Others was fully satisfied on 23 Jul 2020.

    23 Jul 2020

  • Charges

    A charge with Others amounted to Rs. 39.00 Cr with Charge ID 100310959 was registered on 10 Oct 2019.

    10 Oct 2019

  • Charges

    A charge registered on 21 Mar 2018 via Charge ID 100163700 with Others was fully satisfied on 07 Aug 2019.

    07 Aug 2019

Recent News, Updates & Announcement

Frequently asked questions

  • G.S. Majestic Developers Private Limited was incorporated on 30 Sep 2010.

  • The authorized share capital of G.S. Majestic Developers Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 3 directors are associated with G.S. Majestic Developers Private Limited.

    • Manjot Singh Mann
    • Gurdeep Singh
    • Sarabjit Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of G.S. Majestic Developers Private Limited is Near Pull Jawaddi Pakhowal Road India, Ludhiana, Punjab, 141002.

  • The corporate identification number (CIN) of G.S. Majestic Developers Private Limited is U45209PB2010PTC034325 and the company number is 034325 as per Ministry of Corporate Affairs (MCA).

  • The Official website of G.S. Majestic Developers Private Limited is https://www.fastway.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for G.S. Majestic Developers Private Limited has risen by 36.03%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of G.S. Majestic Developers Private Limited has experienced an upsurge of 3.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for G.S. Majestic Developers Private Limited amount to ₹ 40.00 Cr.

  • The most recent Balance Sheet for G.S. Majestic Developers Private Limited was filed with the ROC on 31 Mar 2023.

Similar Companies Based on Real Estate Builders & Developers