About Proptension India Private Limited
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Proptension India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 21 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC096621. Its GSTIN is 29AAICP8001D1ZK (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹8 Lakh. It is led by directors Ramesh Mariyappan Vellayan and Menaka Ramesh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.03 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹47.05 Lakh (net margin -23.2%) and EBITDA of -₹33.2 Lakh (EBITDA margin -16.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 15% over five years.
The company is associated with 1 brand: Proptension. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website proptension.com.
Company details
Contact details
Proptension India Private Limited's registered office is in Bangalore, Karnataka. Its website is proptension.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address139 Oxford Towers New No 9 Old No 412 3rd Floor, Hal Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008
- IndustryInternet, Online Real Estate Platforms
To see the full contact details of Proptension India 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
Brands
Proptension India operates one associated brand: Proptension. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers brokerage services for selling and renting residential and commercial properties. | proptension.com |
Business activity
The main business activity of Proptension India is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Proptension India Private Limited, buy the company report.
Financials of Proptension India Private Limited
FY 2025 filings availableProptension India Private Limited reported revenue of ₹2.03 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 12% growth in the latest year. EBITDA fell 972% 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 | -₹33.2 Lakh | ||||
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| Net Profit (PAT) | -₹47.05 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -16.4% | ||||
| Net Profit Margin | -23.2% | ||||
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To see the full financial statements and ratios of Proptension India Private Limited, buy the company report.
Board of directors of Proptension India Private Limited
Proptension India has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Mariyappan Vellayan Also directs: Turingcode Technologies Private Limited | Director | 21 Aug 2018 | 8 Years 2 Months | Current |
| Menaka Ramesh Also directs: Turingcode Technologies Private Limited | Director | 21 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Proptension India Private Limited is audited by N Tatia & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N Tatia & Associates | FY 2023 | 011067S |
Shareholding
The shareholding of Proptension India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Proptension India Private Limited, buy the company report.
Legal cases
Proptension India Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (APPL) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Proptension India 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 Proptension India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Proptension India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP8001D1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Proptension India Private Limited, buy the company report.
Recent activity
Proptension India Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Ramesh Mariyappan Vellayan ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Proptension India is an active private limited company based in Bangalore, Karnataka, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 21 September 2016 (10+ years old) and is registered under CIN U74999KA2016PTC096621.
Proptension India has 2 current directors:
- Ramesh Mariyappan Vellayan - Director
- Menaka Ramesh - Director
The latest financial statements of Proptension India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Proptension India is 29AAICP8001D1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Proptension India is U74999KA2016PTC096621. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Proptension India has 3 court cases on record: 3 filed against it. 1 is pending.
Proptension India was incorporated on 21 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Ramesh Mariyappan Vellayan ceased to be Additional Director on 29 Sep 2018. Abha Mookim ceased to be Director on 21 Aug 2018. Ramesh Mariyappan Vellayan was appointed as Director on 21 Aug 2018. Proptension India has 4 board changes on record in total.
Proptension India can be reached through the website proptension.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Proptension India is at 139 Oxford Towers New No 9 Old No 412 3rd Floor, Hal Old Airport Road Kodihalli, Bangalore, Karnataka, India – 560008.
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