About Aswani Properties India Private Limited
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Aswani Properties India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45203KA2012PTC067272. Its GSTIN is 29AALCA6769N1ZO (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹40.02 Lakh. It is led by directors including Chinnaswamyreddy Anandreddy (Managing Director) and Venkata Ramana Asula.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No. 50/7 3rd Floor 16th Main 39th Cross 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.38 Cr, a growth of 120% compared to the previous year. For the same year it recorded a net profit of ₹7.92 Lakh (net margin 1.2%) and EBITDA of ₹2.9 Cr (EBITDA margin 45.4%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹43.22 Cr and satisfied charges of ₹45.5 Cr on record. Court records list 18 cases involving the company, including 3 filed by the company and 15 filed against it; 7 cases are 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 aswaniproperties.com.
Company details
Contact details
Aswani Properties India Private Limited's registered office is in Bangalore, Karnataka. Its website is aswaniproperties.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 50/7 3rd Floor 16th Main 39th Cross 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Aswani Properties 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
Business activity
The main business activity of Aswani Properties India is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Aswani Properties India Private Limited, buy the company report.
Financials of Aswani Properties India Private Limited
FY 2019 filings availableAswani Properties India Private Limited reported revenue of ₹6.38 Cr (up 120% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over three years, including 120% growth in the latest year. EBITDA rose 42% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2.9 Cr | ||||
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| Net Profit (PAT) | ₹7.92 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 45.4% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Aswani Properties India Private Limited, buy the company report.
Board of directors of Aswani Properties India Private Limited
Aswani Properties India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinnaswamyreddy Anandreddy | Managing Director | 14 Dec 2012 | 13 Years 10 Months | Current |
| Venkata Ramana Asula | Director | 14 Dec 2012 | 13 Years 10 Months | Current |
| Ramareddy Nareshbabu Also directs: Vamani Fuels India Private Limited | Additional Director | 23 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Aswani Properties India Private Limited is audited by T SHRINIVASA RAO & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T SHRINIVASA RAO & CO | FY 2018 | 003846S |
Shareholding
The shareholding of Aswani Properties India 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 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aswani Properties India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2018 | 100179629 | Others | ₹36.5 Cr | Open | |
| 12 Feb 2018 | 100156083 | Others | ₹6.55 Cr | Open | |
| 17 Jun 2016 | 100046219 | Others | ₹16.5 Lakh | Open | |
| 10 Apr 2017 | 100093360 | Others | ₹5.5 Cr | Satisfied | |
| 06 Apr 2017 | 100093358 | Others | ₹13 Cr | Satisfied |
To see the full charge records of Aswani Properties India Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Aswani Properties India Private Limited has 18 court cases on record: 3 filed by Aswani Properties India, 15 filed against it. 7 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 6 |
| High courts | 7 | 6 | 1 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Bajaj Housing Finance Ltd. Rep. by Its Authorized Officer | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by Axis Bank Limited, Rep. by Its Manager, B Y Arjun Dev | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Axis Bank Ltd, Rep. by Its Deputy Manager, Manjunatha M S | Disposed |
| High Court | Writ petition | Filed by the company against Bajaj Housing Finance Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Edelweiss Asset Reconstruction Company Limited | Disposed |
To see the full case history of Aswani Properties 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 Aswani Properties India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aswani Properties India Private Limited has a workforce of 2 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Aswani Properties India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCA6769N1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aswani Properties India Private Limited, buy the company report.
Recent activity
Aswani Properties India Private Limited has 10 board changes on record since 2012: 3 appointments and 7 cessations. The latest: Vinayak Sadananda Tamse ceased to be Director on 18 Mar 2021.
14 earlier events are in the company report.
Frequently asked questions
Aswani Properties India 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 14 December 2012 (14+ years old) and is registered under CIN U45203KA2012PTC067272.
Aswani Properties India has 3 current directors:
- Chinnaswamyreddy Anandreddy - Managing Director
- Venkata Ramana Asula - Director
- Ramareddy Nareshbabu - Additional Director
The latest financial statements of Aswani Properties India on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Aswani Properties India is 29AALCA6769N1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Aswani Properties India is U45203KA2012PTC067272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aswani Properties India has 18 court cases on record: 3 filed by the company and 15 filed against it. 7 are pending. Most are in the district courts.
Aswani Properties India was incorporated on 14 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Vinayak Sadananda Tamse ceased to be Director on 18 Mar 2021. Ramareddy Nareshbabu was appointed as Additional Director on 23 Oct 2020. Asula Bhanu Saraswathi ceased to be Additional Director on 29 Sep 2018. Aswani Properties India has 10 board changes on record in total.
Aswani Properties India can be reached through the website aswaniproperties.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Aswani Properties India is at No. 507 3rd Floor 16th Main 39th Cross 4th T Block Jayanagar, Bangalore, Karnataka, India – 560041.
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