About Sobha Hitech City Developers Private Limited
Data last updated:
Sobha Hitech City Developers Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 July 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2008PTC047073.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Mukundan Srinivasan and Jaguva Ramamoorthy Balaji.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at E – 106 Sunrise Chambers 22 Ulsoor Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2023, the company reported a revenue of ₹11,000. For the same year it recorded a net loss of ₹3,591 (net margin -32.6%) and EBITDA of ₹6,300 (EBITDA margin 57.3%). Revenue has grown at a compounded annual rate (CAGR) of 51% over five years.
The company was associated with 1 brand: SOBHA.
The last known website on record is sobha.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 106 Sunrise Chambers 22 Ulsoor Road, Bangalore, Karnataka, India – 560042
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Sobha Hitech City Developers Private Limited
The main business activity of Sobha Hitech City Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Sobha Hitech City Developers Private Limited FY 2023 filings available
Sobha Hitech City Developers Private Limited reported revenue of ₹11,000 for FY 2023.
Compounded Annual Growth Rate (CAGR) of Sobha Hitech City Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years. EBITDA rose 119% 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 of Sobha Hitech City Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6,300 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3,591 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Sobha Hitech City Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -32.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Sobha Hitech City Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Sobha Hitech City Developers Private Limited
Sobha Hitech City Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sobha Hitech City Developers Private Limited this company | ₹11,000 (FY 2023) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Nile Buildtech Private Limited | ₹11,000 (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| JMT Developers Private Limited | ₹11,000 (FY 2024) | •••• | •••• | •••• | Howrah, West Bengal, India | |
| Shiv Shakti Infrabuild Private Limited | ₹11,000 (FY 2016) | •••• | •••• | •••• | Raigarh, Chhattisgarh, India | |
| Odeon Buildpro Private Limited | ₹11,000 (FY 2024) | •••• | •••• | -41.0% | •••• | New Delhi, Delhi, India |
| SKS Projectzone Private Limited | ₹11,000 (FY 2020) | •••• | •••• | 57.0% | •••• | Agra, Uttar Pradesh, India |
| Bluebells Realties Private Limited | ₹11,000 (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Hind Agri Properties Ltd | ₹11,000 (FY 2025) | •••• | •••• | -52.0% | •••• | Mumbai, Maharashtra, India |
| Corpus Promoters and Developers Private Limited | ₹11,000 (FY 2024) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Chakradev Awas Private Limited | ₹11,000 (FY 2020) | •••• | •••• | 20.0% | •••• | Kolkata, West Bengal, India |
| Su Estates Private Limited | ₹11,000 (FY 2016) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Sobha Hitech City Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sobha Hitech City Developers Private Limited
Sobha Hitech City Developers Private Limited is audited by S RAVIKUMAR & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S RAVIKUMAR & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Sobha Hitech City Developers Private Limited
Sobha Hitech City Developers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukundan Srinivasan Also directs: Sobha Technocity Private Limited, PNC Switchgears Private Limited, Eclat Interiors Private Limited and 5 more | Director | 15 Nov 2021 | 4 Years 10 Months | As last reported |
| Jaguva Ramamoorthy Balaji Also directs: Mannur Builders Private Limited, Tirur Cyber Real Estates Private Limited, Lupur Realtors Private Limited and 4 more | Director | 31 Mar 2014 | 12 Years 6 Months | As last reported |
Ownership and Shareholding of Sobha Hitech City Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sobha Hitech City Developers Private Limited
Sobha Hitech City Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Sobha Hitech City Developers Private Limited
Employment history and EPFO contributions of people linked to Sobha Hitech City Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Sobha Hitech City Developers Private Limited
Recent Activity on Sobha Hitech City Developers Private Limited
Sobha Hitech City Developers Private Limited has 7 board changes on record since 2014: 2 appointments and 5 cessations. The latest: Shanthi Viswanathan ceased to be Director on 28 Nov 2022.
Credit Ratings, Litigation & Regulatory Alerts for Sobha Hitech City Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Sobha Hitech City Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Sobha Hitech City Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Sobha Hitech City Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Sobha Hitech City Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sobha Hitech City Developers Private Limited
Sobha Hitech City Developers has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Sobha Hitech City Developers was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 July 2008 and is registered under CIN U45201KA2008PTC047073. The company has been struck off by the Registrar of Companies and is no longer operational.
Sobha Hitech City Developers had 2 directors:
- Mukundan Srinivasan - Director
- Jaguva Ramamoorthy Balaji - Director
The CIN (Corporate Identification Number) of Sobha Hitech City Developers is U45201KA2008PTC047073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sobha Hitech City Developers is at E – 106 Sunrise Chambers 22 Ulsoor Road, Bangalore, Karnataka, India – 560042.
Sobha Hitech City Developers was incorporated on 08 July 2008. It is registered with the Registrar of Companies, Bangalore.
Sobha Hitech City Developers can be reached through the website sobha.com. Its registered office is in Bangalore, Karnataka, India.
Sobha Hitech City Developers reported revenue of ₹11,000 for FY 2023.
Sobha Hitech City Developers has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Sobha Hitech City Developers reported a net loss of ₹3,591 (net margin -32.6%) and EBITDA of ₹6,300 (EBITDA margin 57.3%) for FY 2023, as per its filed financial statements.
Sobha Hitech City Developers operated in the real estate and construction industry, in the real estate builders and developers segment. It worked in this industry before it was struck off.