About Mysore Citi Developers Private Limited
Data last updated:
Mysore Citi Developers Private Limited was a private limited company based in Mysore, Karnataka, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 06 July 1998.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U45101KA1998PTC023929.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹1.5 Lakh. It was led by directors including Murthy Narayana Rangarao and Guru Rangarao.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mysore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹48 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net profit of ₹27.73 Lakh (net margin 57.8%) and EBITDA of ₹39.22 Lakh (EBITDA margin 81.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The last known website on record is skytopbuilders.com.
Company details
Contact details
Mysore Citi Developers Private Limited's registered office is in Mysore, Karnataka. Its website is skytopbuilders.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 1288/2 Ch 10/1 4th Cross Krishnamurthy Puram Chamaraj, A Mohalla, Mysore, Karnataka, India – 570004
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Mysore Citi Developers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Mysore Citi Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Mysore Citi Developers Private Limited, buy the company report.
Financials of Mysore Citi Developers Private Limited
FY 2024 filings availableMysore Citi Developers Private Limited reported revenue of ₹48 Lakh (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 54% fall in the latest year. EBITDA rose 42% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹39.22 Lakh | ||||
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| Net Profit (PAT) | ₹27.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.7% | ||||
| Net Profit Margin | 57.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Mysore Citi Developers Private Limited, buy the company report.
Board of directors of Mysore Citi Developers Private Limited
Mysore Citi Developers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murthy Narayana Rangarao | Director | 06 Jul 1998 | 28 Years 4 Months | As last reported |
| Guru Rangarao | Director | 06 Jul 1998 | 28 Years 4 Months | As last reported |
| Pavan Guru Ranga | Director | 24 May 2017 | 9 Years 5 Months | As last reported |
| Tumkur Krishnamurthy Sudhindra | Director | 28 May 2019 | 7 Years 5 Months | As last reported |
Peer comparison
Mysore Citi Developers Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Imagine Dealcom Private Limited | ₹48.01 Lakh (FY 2025) | 12.0% | Kolkata, West Bengal, India | |||
| Aakriti Associates Private Limited | ₹48 Lakh (FY 2025) | -12.0% | Chandigarh U.T, Chandigarh, India | |||
| Mysore Citi Developers Private Limitedthis company | ₹48 Lakh (FY 2024) | ₹27.73 Lakh | 57.8% | -54.0% | Mysore, Karnataka, India | |
| Rohilkhand Realtech Private Limited | ₹48 Lakh (FY 2024) | New Delhi, Delhi, India | ||||
| Jumbo Properties Private Limited | ₹48 Lakh (FY 2025) | Chennai, Tamil Nadu, India | ||||
| Polychairs Private Limited | ₹48 Lakh (FY 2022) | 100.0% | New Delhi, Delhi, India |
To see the full peer comparison of Mysore Citi Developers Private Limited, buy the company report.
Shareholding
The shareholding of Mysore Citi Developers Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mysore Citi Developers Private Limited, buy the company report.
Legal cases
Mysore Citi Developers Private Limited has 2 court cases on record: 1 filed by Mysore Citi Developers, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (RP) | Filed against the company by M/S Puravankara Projects Limited | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against M/S Puravankara Projects Limited | Disposed |
To see the full case history of Mysore Citi Developers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mysore Citi Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Mysore Citi Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Mysore Citi Developers Private Limited has 7 board changes on record since 1998: 4 appointments and 3 cessations. The latest: Tumkur Krishnamurthy Sudhindra ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Mysore Citi Developers has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Mysore Citi Developers was a private limited company based in Mysore, Karnataka, India. The company worked in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 06 July 1998 and is registered under CIN U45101KA1998PTC023929. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Mysore Citi Developers is U45101KA1998PTC023929. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mysore Citi Developers had 4 directors:
- Murthy Narayana Rangarao - Director
- Guru Rangarao - Director
- Pavan Guru Ranga - Director
- Tumkur Krishnamurthy Sudhindra - Director
Mysore Citi Developers was incorporated on 06 July 1998. It is registered with the Registrar of Companies, Bangalore.
Mysore Citi Developers can be reached through the website skytopbuilders.com. Its registered office is in Mysore, Karnataka, India.
The registered office of Mysore Citi Developers is at No. 12882 Ch 101 4th Cross Krishnamurthy Puram Chamaraj, A Mohalla, Mysore, Karnataka, India – 570004.
The latest financial statements of Mysore Citi Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Mysore Citi Developers operated in the real estate and construction industry, in the real estate marketing and sales segment.
The peers of Mysore Citi Developers by revenue are Imagine Dealcom Private Limited, Aakriti Associates Private Limited, Rohilkhand Realtech Private Limited, Jumbo Properties Private Limited, Polychairs Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Mysore Citi Developers has 2 court cases on record: 1 filed by the company and 1 filed against it.
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