About Agara Techzone Private Limited
Data last updated: 24 February 2026
Agara Techzone Private Limited is a private limited company based in Bangalore North, Karnataka, India, a subsidiary of Raffles Enterprises Private Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 15 December 2003, the company has been in operation for over 23 years.
Registered with ROC Bangalore under CIN U45203KA2003PLC033023.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.74 Cr. Formerly known as Mantri Techzone Limited and Techzone Builders Private Limited. It is led by directors including Ashwin Panemangalore Pai and Ravindra Panemangalore Pai.
Last AGM: 03 August 2024. Financial statements filed for year ended 31 March 2024. Office: C – 5 Rich Homes No 5/1 Richmond Road, Bangalore Richmond Town Bangalore North, Karnataka, India – 560025.
It operates as a subsidiary of Raffles Enterprises Private Limited.
As per MCA filings, the company has satisfied charges of ₹615 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantri.in.
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Registered AddressC – 5 Rich Homes No 5/1 Richmond Road, Bangalore Richmond Town Bangalore North, Karnataka, India – 560025
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Agara Techzone Private Limited
Agara Techzone Private Limited has undergone 6 name changes throughout its history. The current legal name is Agara Techzone Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Agara Techzone Private Limited | Current |
| Mantri Techzone Limited | Previous |
| Techzone Builders Private Limited | Previous |
| Eta Infotech Private Limited | Previous |
| Manipal Infotech Private Limited | Previous |
| Manipal Eta Infotech Limited | Previous |
| Techzone Private Limited | Previous |
CIN History of Agara Techzone Private Limited
Agara Techzone Private Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45201KA2003PTC033023, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201KA2003PTC033023 | Current |
| U45203KA2003PLC033023 | Previous |
| U45201KA2003PLC033023 | Previous |
Business Activity of Agara Techzone Private Limited
Agara Techzone Private Limited operates primarily in the real estate sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Real Estate | ********* | Real estate activities on fee or contract basis | ********* |
Board of Directors of Agara Techzone Private Limited
Agara Techzone Private Limited is currently managed by 8 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Panemangalore Pai | Director | 28 Dec 2006 | 19 Years 6 Months | Current |
| Ravindra Panemangalore Pai | Director | 28 Dec 2006 | 19 Years 6 Months | Current |
| Sushil Pandurang Mantri | Managing Director | 29 Sep 2004 | 21 Years 9 Months | Current |
|
Panemanalore Dayananda Pai
Also directs:
Jnana Bharathi Prakashana Limited, Akshay Property Developers Private Limited, Township Creators Private Limited and 5 more
|
Director | 18 Dec 2003 | 22 Years 6 Months | Current |
|
Mohankumar Singapura Jayanna
Also directs:
Pvk Shelters (India) Private Limited, Trigate Infrastructure Private Limited, Plaza Agencies Private Limited and 5 more
|
Director | 31 Dec 2022 | 3 Years 6 Months | Current |
|
Methuku Srinivas
Also directs:
Castles Vista Private Limited, Pratibha Realtors Private Limited, Minerva Infra Tech Private Limited and 5 more
|
Director | 20 Aug 2008 | 17 Years 10 Months | Current |
Financials of Agara Techzone Private Limited FY 2024 filings available
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| Revenue | |||||
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| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
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| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
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| Shareholders' Funds | |||||
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| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
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| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
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| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Charges & Borrowings of Agara Techzone Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Oct 2015 | Il & Fs Trust Company Limited | ₹130 Cr | Satisfied |
| 31 Mar 2015 | Il & Fs Trust Company Limited | ₹100 Cr | Satisfied |
| 31 Dec 2014 | Punjab National Bank | ₹130 Cr | Satisfied |
| 19 May 2014 | Yes Bank Limited | ₹100 Cr | Satisfied |
| 11 Mar 2014 | Punjab National Bank | ₹50 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Agara Techzone Private Limited
View historical data on people associated with Agara Techzone Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Agara Techzone Private Limited
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GST Compliance of Agara Techzone Private Limited
GSTIN & GST Filing Data of Agara Techzone Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Agara Techzone Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Agara Techzone Private Limited
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MSME Payment Delays by Agara Techzone Private Limited
MSME Payment Delays by Agara Techzone Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Agara Techzone Private Limited
Subsidiaries & Group Companies of Agara Techzone Private Limited
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MCA Filings & Documents of Agara Techzone Private Limited
MCA Filings & Documents of Agara Techzone Private Limited
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Recent Activity on Agara Techzone Private Limited
Recent News on Agara Techzone Private Limited
Frequently Asked Questions about Agara Techzone Private Limited
Agara Techzone Private Limited is an active private limited company in the real estate and construction sector based in Bangalore North, Karnataka, India. It was incorporated on 15 December 2003 (23+ years old) and is registered under CIN U45201KA2003PTC033023.
The current directors of Agara Techzone Private Limited are:
The primary industry of Agara Techzone Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Agara Techzone Private Limited can be reached at the registered office: C – 5 Rich Homes No 51 Richmond Road, Bangalore Richmond Town Bangalore North, Karnataka, India – 560025, or through the website mantri.in.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹5.74 Cr.
The company has its registered office at C – 5 Rich Homes No 51 Richmond Road, Bangalore Richmond Town Bangalore North, Karnataka, India – 560025.