About Proptension
Proptension is a Real Estate & Construction company based in Bengaluru (India) founded in 2014. It offers brokerage services for selling and renting residential and commercial properties. It operates on a B2C model. Its Indian entity Proptension India Private Limited reported revenue of ₹2.03 Cr. Its focus areas include Real Estate, Brokerage, Property Services and Buying and Renting. Its competitors include Knight Frank, IMCL and House of Hiranandani.
Company details
Proptension, established in 2014, excels in involved in property dealings, brokerage, property services, and buying and renting. Offers brokerage services for selling and renting residential and commercial properties. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- SectorsReal Estate & Construction
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- Website proptension.com
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- Legal Name Proptension India Private Limited
- Date of Incorporation 21 Sep, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.03 Cr
FY 2024 · +12% YoY
- Net Loss-₹47 Lakh
FY 2024 · -23% margin
- EBITDA-₹33.2 Lakh
FY 2024 · -16% margin
Associated legal entities of Proptension
Proptension operates through Proptension India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Proptension India Private Limited CIN U74999KA2016PTC096621 | Active | 21 Sep 2016 | Bangalore, Karnataka | ₹2.0 Cr | 2 | View details |
Board of directors of Proptension India Private Limited (Proptension)
Proptension India Private Limited is the primary company behind Proptension. The board of Proptension India Private Limited currently have 2 directors; the longest-serving is Menaka Ramesh, appointed in 2016. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Menaka Ramesh DIN 07620349 | Director | 21 Sep 2016 | 10 yrs 1 mo | Proptension India Private Limited |
| Ramesh Mariyappan Vellayan DIN 07858094 | Director | 21 Aug 2018 | 8 yrs 2 mo | Proptension India Private Limited |
Financials of Proptension
Figures of Proptension India Private Limited, the primary company behind Proptension, for FY 2024. Revenue was ₹2.03 Cr (+12% year on year). Net loss was -₹47 Lakh (-23% margin). EBITDA was -₹33.2 Lakh (-16% margin). Revenue has grown at a compounded annual rate of +17% over three years and +15% over five years.
- ₹2.03 CrRevenue · FY 2024 · +12% YoY
- -₹47 LakhNet loss · -23% margin
- -₹33.2 LakhEBITDA · -16% margin
- ₹8 LakhPaid-up capital
- +17%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Proptension India Private Limited are on its company page.
Detailed financial statements for Proptension
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Competitors of Proptension
Proptension has 3 listed competitors in our database. They include Knight Frank, IMCL and House of Hiranandani.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| knightfrank.com | 1896 | Mumbai, India | Provider of brokerage services for selling of residential & commercial properties | |||
| imcapitals.com | 1991 | Delhi, India | 2 | Real estate sales, leasing advisory, and loan assistance are offered. | ||
| houseofhiranandani.com | 2005 | Mumbai, India | 18 | Develops innovative residential and commercial properties using advanced technologies. |
Detailed competitors of Proptension
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Frequently Asked Questions about Proptension
Proptension was founded in 2014.
Proptension is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Proptension, Proptension India Private Limited, reported revenue of ₹2.03 Cr for FY 2024, up 12% year on year.
Proptension, established in 2014, excels in involved in property dealings, brokerage, property services, and buying and renting. Offers brokerage services for selling and renting residential and commercial properties. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
Proptension's top competitors include Knight Frank, IMCL and House of Hiranandani.
Proptension operates through Proptension India Private Limited.
The legal entities of Proptension currently have 2 directors, including Ramesh Mariyappan Vellayan, Menaka Ramesh.