- Udyam number
- UDYAM-TS-02-0048261

About Bhagyanagar Properties Limited
Data last updated:
Bhagyanagar Properties Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L70102TG2006PLC050010. Its GSTIN is 36AACCB8819P2Z1 (Telangana). The company holds 2 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 19 Dec 2022 · voluntary delisting and from BSE on 19 Dec 2022 · voluntary delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹6.5 Cr and a paid-up capital of ₹6.4 Cr. It was formerly known as Bhagyanagar Properties Private Limited. It is led by directors including Narender Surana and Manish Surana.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.66 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.85 Cr (net margin 33%) and EBITDA of ₹7.11 Cr (EBITDA margin 61%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 4% over five years.
The company has about 16 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Bhagyanagar Properties. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 6 cases are pending. The company has 4 deals on record (4 market trades); the latest was in December 2021.
Bhagyanagar Properties Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TS-02-0048261). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhagyanagarproperties.com.
Company details
CIN history
Bhagyanagar Properties has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L70102TG2006PLC050010, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70102TG2006PLC050010 | Current |
| U70102AP2006PLC050010 | Previous |
| U70102TG2006PLC050010 | Previous |
| U70102TG2006PTC050010 | Previous |
| U70102AP2006PTC050010 | Previous |
Recognitions & Rankings of Bhagyanagar Properties
Contact details
Bhagyanagar Properties Limited's registered office is in Hyderabad, Telangana. Its website is bhagyanagarproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy.No.221 – 224 Part, Vattinagulapally Rajendranagar Mandal India, Hyderabad, Telangana, India – 500032
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bhagyanagar Properties 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
Brands
Bhagyanagar Properties operates one associated brand: Bhagyanagar Properties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development services are provided in Secunderabad, India. | bhagyanagarproperties.com |
Business activity
The main business activity of Bhagyanagar Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Bhagyanagar Properties Limited, buy the company report.
Financials of Bhagyanagar Properties Limited
FY 2023 filings availableBhagyanagar Properties Limited reported revenue of ₹11.66 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.11 Cr | ||||
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| Net Profit (PAT) | ₹3.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 61% | ||||
| Net Profit Margin | 33% | ||||
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To see the full financial statements and ratios of Bhagyanagar Properties Limited, buy the company report.
Board of directors of Bhagyanagar Properties Limited
Bhagyanagar Properties has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narender Surana Also directs: Surana Solar Limited, Ap Golden Apparels Private Limited, Surana Solar Systems Private Limited and 5 more | Director | 25 Apr 2006 | 20 Years 5 Months | Current |
| Manish Surana | Director | 23 Mar 2020 | 6 Years 6 Months | Current |
| Devendra Surana Also directs: Ap Golden Apparels Private Limited, Tieramet Limited, Surana Solar Systems Private Limited and 5 more | Director | 25 Apr 2006 | 20 Years 5 Months | Current |
Auditor
Bhagyanagar Properties Limited is audited by Luharuka& Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Luharuka& Associates | FY 2023 | 01882S |
Shareholding
The shareholding of Bhagyanagar Properties Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhagyanagar Properties Limited, buy the company report.
Deals & funding
Bhagyanagar Properties Limited has 4 deals on record (4 market trades); the latest was in December 2021.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Market trade | ₹70.1 Lakh | Seller: P.C.S.Securities Limited |
| Apr 2018 | Market trade | ₹1.06 Cr | Buyer: Money Grow Investment Seller: Money Grow Investment, Affluence Value Management Private Limited |
| Apr 2018 | Market trade | ₹1.17 Cr | Buyer: Money Grow Investment Seller: Money Grow Investment |
| Apr 2018 | Market trade | ₹82.6 Lakh | Buyer: Money Grow Investment Seller: Money Grow Investment |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bhagyanagar Properties Limited has 16 court cases on record: 4 filed by Bhagyanagar Properties, 12 filed against it. 6 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 5 |
| High courts | 6 | 2 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by Nuland Properties Private Limited and 4 others | Disposed |
| High Court, TELANGANA | Court case (TRCMP) | Filed against the company by M/S. Nuland Properties Pvt. Ltd. and 4 others | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Bhagyanagar Properties 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 Bhagyanagar Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bhagyanagar Properties has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Metropolitan Ventures India Limited | U45200TG2007PLC053036 | |
| Scientia Infocom India Private Limited | U72200TG2005PTC047966 |
To see the full group structure of Bhagyanagar Properties Limited, buy the company report.
Employees & EPFO
Bhagyanagar Properties Limited has a workforce of 16 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Bhagyanagar Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AACCB8819P2Z1 | Telangana | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Bhagyanagar Properties Limited, buy the company report.
Recent activity
Bhagyanagar Properties Limited has 12 board changes on record since 2006: 3 appointments and 9 cessations. The latest: Krupakar Nadimpally Reddy ceased to be Additional Director on 30 Sep 2021.
3 earlier events are in the company report.
News
Frequently asked questions
Bhagyanagar Properties is an active public limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 April 2006 (20+ years old) and is registered under CIN L70102TG2006PLC050010.
Bhagyanagar Properties has 3 current directors:
- Narender Surana - Director
- Manish Surana - Director
- Devendra Surana - Director
The latest financial statements of Bhagyanagar Properties on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhagyanagar Properties is 36AACCB8819P2Z1, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Bhagyanagar Properties is L70102TG2006PLC050010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhagyanagar Properties is recorded as a listed company by MCA, but its shares were delisted from NSE on 19 Dec 2022 · voluntary delisting and from BSE on 19 Dec 2022 · voluntary delisting, and no longer trade on a stock exchange.
Bhagyanagar Properties has 16 court cases on record: 4 filed by the company and 12 filed against it. 6 are pending. Most are in the district courts.
Bhagyanagar Properties was incorporated on 25 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bhagyanagar Properties has 4 deals on record (4 market trades); the latest was in December 2021.
Krupakar Nadimpally Reddy ceased to be Additional Director on 30 Sep 2021. Manish Surana ceased to be Additional Director on 30 Sep 2020. Manish Surana was appointed as Director on 23 Mar 2020. Bhagyanagar Properties has 12 board changes on record in total.