About Altum Properties Private Limited
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Altum Properties Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Aequs Infrastructures Private Limited. It operates in the demolition and construction services segment of the construction sector. It was incorporated on 23 January 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2021PTC143454. Its GSTIN is 29AAUCA6865C1Z5 (Karnataka).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Vinay Dattanand Vernekar and Basavaraj Sugandhi.
Its last annual general meeting (AGM) was held on 22 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 55 Whitefield Main Road Mahadevapura Post, Bengaluru, Karnataka, India – 560048.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.54 Lakh, a decline of 35% compared to the previous year. For the same year it recorded a net loss of ₹2.58 Cr and EBITDA of ₹18.08 Lakh (EBITDA margin 59.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years.
For more details, the company can be reached via its website aequs.com.
Company details
Contact details
Altum Properties Private Limited's registered office is in Bengaluru, Karnataka. Its website is aequs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 55 Whitefield Main Road Mahadevapura Post, Bengaluru, Karnataka, India – 560048
- IndustryConstruction, Demolition & Construction Services, Electrical Services, Plumbing Services & Construction Specialties
To see the full contact details of Altum Properties 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 Altum Properties is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Altum Properties Private Limited, buy the company report.
Financials of Altum Properties Private Limited
FY 2025 filings availableAltum Properties Private Limited reported revenue of ₹30.54 Lakh (down 35% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 35% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 41% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹18.08 Lakh | ||||
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| Net Profit (PAT) | -₹2.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 59.2% | ||||
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To see the full financial statements and ratios of Altum Properties Private Limited, buy the company report.
Board of directors of Altum Properties Private Limited
Altum Properties has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinay Dattanand Vernekar | Director | 07 Dec 2023 | 2 Years 10 Months | Current |
| Basavaraj Sugandhi Also directs: Aequs Infra Network Services Private Limited, Aequs Sez Private Limited, Hubballi Durable Goods Cluster Private Limited and 5 more | Director | 16 Jun 2022 | 4 Years 4 Months | Current |
| Annapa Santhekadur Vikram Also directs: Aequs Infra Network Services Private Limited, Aequs Sez Private Limited, Hubballi Durable Goods Cluster Private Limited and 5 more | Director | 23 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Altum Properties Private Limited is audited by K. G. Acharya & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. G. Acharya & Co. | FY 2023 | 008019S |
Shareholding
The shareholding of Altum Properties Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Altum Properties Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Altum Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Altum Properties Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Altum Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Altum Properties Private Limited has 1 active EPFO establishment as of Mar 28, 2024.
GST
Altum Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCA6865C1Z5 | Karnataka | Active | 24 Nov 2021 |
To see the full GST registrations and return filing status of Altum Properties Private Limited, buy the company report.
Recent activity
Altum Properties Private Limited has 7 board changes on record since 2021: 3 appointments and 4 cessations. The latest: Vinay Dattanand Vernekar ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Altum Properties is an active private limited company based in Bengaluru, Karnataka, India. The company works in demolition and construction services, within the construction industry. It was incorporated on 23 January 2021 (5+ years old) and is registered under CIN U70109KA2021PTC143454.
Altum Properties has 3 current directors:
- Vinay Dattanand Vernekar - Director
- Basavaraj Sugandhi - Director
- Annapa Santhekadur Vikram - Director
The latest financial statements of Altum Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 August 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Altum Properties is 29AAUCA6865C1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Altum Properties is U70109KA2021PTC143454. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altum Properties was incorporated on 23 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinay Dattanand Vernekar ceased to be Additional Director on 29 Sep 2024. Vinay Dattanand Vernekar was appointed as Director on 07 Dec 2023. Basavaraj Sugandhi ceased to be Additional Director on 30 Sep 2022. Altum Properties has 7 board changes on record in total.
Altum Properties has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 01 May 2024.
Altum Properties can be reached through the website aequs.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Altum Properties is at No. 55 Whitefield Main Road Mahadevapura Post, Bengaluru, Karnataka, India – 560048.
Altum Properties operates in the construction industry, in the demolition and construction services segment.