Ardente Townships Private Limited
About Ardente Townships Private Limited
Data last updated:
Ardente Townships Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ardente Realtors Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2012PTC066778. Its GSTIN is 29AAACZ6207H1Z6 (Karnataka).
The company has an authorised share capital of ₹20.2 Cr and a paid-up capital of ₹8.91 Cr. It was formerly known as Ardente Developers Private Limited and Ardente Properties Private Limited. It is led by directors Kranti Kiran Reddy Kondakindi and Ravinder Reddy Kondakindi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Jm Plaza 35 (Old No.196) 2nd Main Sankey Road Sadashivnagar, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2019, the company reported a revenue of ₹4.67 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.25 Cr and EBITDA of -₹82.68 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years.
As per MCA filings, the company has open charges of ₹95 Cr and satisfied charges of ₹56.5 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Ardente Townships has undergone 3 name changes throughout its history. The company was previously known as Ardente Developers Private Limited, Ardente Properties Private Limited, and Zerkalo Properties Private Limited. The current legal name is Ardente Townships Private Limited.
| Company Name | Status |
|---|---|
| Ardente Townships Private Limited | Current |
| Ardente Developers Private Limited | Previous |
| Ardente Properties Private Limited | Previous |
| Zerkalo Properties Private Limited | Previous |
Contact details
Ardente Townships Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Jm Plaza 35 (Old No.196) 2nd Main Sankey Road Sadashivnagar, Bangalore, Karnataka, India – 560080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ardente Townships 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
Financials of Ardente Townships Private Limited
FY 2025 filings availableArdente Townships Private Limited reported revenue of ₹4.67 Lakh (up 511% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 511% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 78%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.67 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹82.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.25 Cr | ||||
| 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Ardente Townships Private Limited, buy the company report.
Board of directors of Ardente Townships Private Limited
Ardente Townships has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kranti Kiran Reddy Kondakindi | Director | 16 Nov 2012 | 13 Years 11 Months | Current |
| Ravinder Reddy Kondakindi Also directs: Janapriya Homes Private Limited, Janapriya Bioenergy LLP, Janapriya Senior Citizens Rental Housing Private Limited and 5 more | Director | 15 Oct 2022 | 4 Years 0 Months | Current |
Auditor
Ardente Townships Private Limited is audited by M BHASKARA RAO & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M BHASKARA RAO & CO | FY 2018 | 000459S |
Shareholding
The shareholding of Ardente Townships Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ardente Townships Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2018 | 100235034 | Idbi Trusteeship Services Limited | ₹95 Cr | Open | |
| 06 Feb 2013 | 10411136 | Idbi Trusteeship Services Limited | ₹40 Cr | Satisfied | |
| 06 Feb 2013 | 10446256 | Idbi Trusteeship Services Limited | ₹16.5 Cr | Satisfied |
To see the full charge records of Ardente Townships Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ardente Townships Private Limited has 6 court cases on record: 3 filed by Ardente Townships, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT Bengaluru | Insolvency matter | Filed against the company by Alchemist Asset Reconstruction Company Limited Acting As A Trustee of Alchemist Xlviii Trust | Disposed |
| District court, Hyderabad Central, Telangana | Court case (COS) | Filed by the company against Iifl Finance Limited and 10 others | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S Esteem Security Agency (Security and Allied Services) | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The State of Karnataka | Disposed |
To see the full case history of Ardente Townships 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 Ardente Townships Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ardente Townships has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ6207H1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ardente Townships Private Limited, buy the company report.
Recent activity
Ardente Townships Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Ravi Kiran Reddy Kondakindi ceased to be Director on 15 Oct 2022.
2 earlier events are in the company report.
Frequently asked questions
Ardente Townships is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 November 2012 (14+ years old) and is registered under CIN U70100KA2012PTC066778.
Ardente Townships has 2 current directors:
- Kranti Kiran Reddy Kondakindi - Director
- Ravinder Reddy Kondakindi - Director
The latest financial statements of Ardente Townships on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ardente Townships is 29AAACZ6207H1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Ardente Townships is U70100KA2012PTC066778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ardente Townships has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Ardente Townships was incorporated on 16 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Ravi Kiran Reddy Kondakindi ceased to be Director on 15 Oct 2022. Ravinder Reddy Kondakindi was appointed as Director on 15 Oct 2022. Ramaraghavulu Pujari ceased to be Director on 27 Jul 2018. Ardente Townships has 5 board changes on record in total.
The registered office of Ardente Townships is at 1st Floor Jm Plaza 35 Old No.196 2nd Main Sankey Road Sadashivnagar, Bangalore, Karnataka, India – 560080.
Ardente Townships operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
