Shanders Properties

Bengaluru, India Founded: 2010 • Age: 16 yrs Minicorn
Real estate development and management are conducted in Bengaluru, India.

About Shanders Properties

Shanders Properties is a company based in Bengaluru (India) founded in 2010 by Sriram Chitturi. Real estate development and management are conducted in Bengaluru, India. Shanders Properties has raised $17.83 million across 2 funding rounds from investors including Brickstone. The company has 16 employees. Shanders Properties was last valued at $28.17 million in March 2012. Its Indian entity Shanders Properties Private Limited reported revenue of β‚Ή52.35 Cr.

Company details

Shanders Properties was established in 2010 by founder Sriram Chitturi in Bengaluru, India. Operations are focused on the real estate sector, where property development and management services are provided. Activities are centered in the Bengaluru region, serving local market needs in residential and commercial properties. Limited public details are available on specific projects or expansions.

Key Metrics
  • Annual Revenue
    ₹52.35 Cr

    FY 2025 · +52% YoY

  • Net Profit
    ₹1.04 Cr

    FY 2025 · 2% margin

  • EBITDA
    ₹1.54 Cr

    FY 2025 · 3% margin

  • Total Equity Funding
    $17.83M (USD)

    in 2 rounds

  • Latest Funding Round
    $17.5M (USD), Series A

    Mar 2012

  • Investors
  • Employee Count
    16

Funding Insights of Shanders Properties

Shanders Properties has successfully raised a total of $17.83M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $17.5 million completed in March 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $17.83M
  • Total Rounds 2
  • Last Round Series A β€” $17.5M
  • First Round $327,618

    (Nov 2010)

  • Investors Count 1

All 2 funding rounds of Shanders Properties with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2012$17.5MSeries A$28.17M–
Nov 2010$327,618Seed$1.63M–
–
Valuation history
DateValuationStage
Mar 2012$28.17Mβ€’β€’β€’β€’β€’β€’β€’β€’
Nov 2010$1.63Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $28.17M (Mar 2012). 1 investors in total: 1 institutional.

Investors in Shanders Properties

Shanders Properties has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Brickstone.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
brickstoneco.com
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Investor details for Shanders Properties

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Shanders Properties Private Limited (Shanders Properties)

Shanders Properties Private Limited is the primary company behind Shanders Properties. The board of Shanders Properties Private Limited currently have 2 directors; the longest-serving is Chitturi Sriram, appointed in 2010. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Chitturi Sriram
DIN 01333196
Director30 Mar 201016 yrs 6 moShanders Properties Private Limited
Chitturi Bala Siva Subrahmanyam
DIN 00038782
Director30 Mar 201016 yrs 6 moShanders Properties Private Limited

People of Shanders Properties

1 people are tracked at Shanders Properties (1 in leadership); the tracked headcount is 16.

NameRoleGroup
FounderLeadership
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Complete people profiles for Shanders Properties

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  • Full employee list
  • Team structure
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Financials of Shanders Properties

Figures of Shanders Properties Private Limited, the primary company behind Shanders Properties, for FY 2025. Revenue was ₹52.35 Cr (+52% year on year). Net profit was ₹1.04 Cr (2% margin). EBITDA was ₹1.54 Cr (3% margin). Revenue has grown at a compounded annual rate of +23% over three years and -3% over five years.

  • ₹52.35 CrRevenue · FY 2025 · +52% YoY
  • ₹1.04 CrNet profit · 2% margin
  • ₹1.54 CrEBITDA · 3% margin
  • ₹4.12 CrPaid-up capital
  • 16Employees (provident fund records)
  • +23%Revenue CAGR, 3 years
  • -3%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Shanders Properties Private Limited are on its company page.

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Detailed financial statements for Shanders Properties

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

  • Statement rows
  • Financial ratios
  • Five-year trends
  • Downloads

Verified entity values are shown only after access is granted.

Timeline of Shanders Properties

4 dated milestones of Shanders Properties across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Shanders Properties is founded.
  2. Funding First funding round of $328K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $17.5M.
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Frequently Asked Questions about Shanders Properties

Shanders Properties was founded in 2010.

Shanders Properties is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Shanders Properties is a funded company, having raised a total of $17.83M across 2 funding rounds to date. The company's 1st funding round was a Seed of $327.62K, raised on Nov 2010.

Shanders Properties has 16 employees.

The primary company behind Shanders Properties, Shanders Properties Private Limited, reported revenue of β‚Ή52.35 Cr for FY 2025, up 52% year on year.

Shanders Properties was established in 2010 by founder Sriram Chitturi in Bengaluru, India. Operations are focused on the real estate sector, where property development and management services are provided. Activities are centered in the Bengaluru region, serving local market needs in residential and commercial properties. Limited public details are available on specific projects or expansions.

Shanders Properties has 1 investor. Key investors include Brickstone.

The valuation of Shanders Properties is $28.17M as of Mar 2012.

Shanders Properties operates through Shanders Properties Private Limited.

The legal entities of Shanders Properties currently have 2 directors, including Chitturi Sriram, Chitturi Bala Siva Subrahmanyam.

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