BKN Developers Private Limited
About BKN Developers Private Limited
Data last updated:
BKN Developers 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 06 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2012PTC062419. Its GSTIN is 29AAECB8717E2ZK (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Santosh Balakrishna and Bhagya Lankipalli Balakrishna.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 290/41 10th Main 38th Cross 5th Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.44 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹1.47 Lakh (net margin -2.1%) and EBITDA of ₹5.64 Lakh (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹41.45 Cr on record. Court records list 22 cases involving the company, including 5 filed by the company and 17 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
BKN Developers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address290/41 10th Main 38th Cross 5th Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of BKN Developers 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 BKN Developers is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of BKN Developers Private Limited, buy the company report.
Financials of BKN Developers Private Limited
FY 2024 filings availableBKN Developers Private Limited reported revenue of ₹70.44 Lakh (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA fell 79% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.64 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.47 Lakh | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | -2.1% | ||||
| 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 BKN Developers Private Limited, buy the company report.
Board of directors of BKN Developers Private Limited
BKN Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Balakrishna Also directs: Shravanthi Hotels and Resorts Private Limited, Shravanthi Hospitality LLP, Sunniva Sporting Ventures Private Limited and 1 more | Director | 17 Aug 2012 | 14 Years 2 Months | Current |
| Bhagya Lankipalli Balakrishna Also directs: Shravanthi Hotels and Resorts Private Limited | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
| Balakrishnama Naidu Lankipalli Also directs: Shravanthi Hotels and Resorts Private Limited | Director | 06 Feb 2012 | 14 Years 8 Months | Current |
Auditor
BKN Developers Private Limited is audited by RAMRAJ AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAMRAJ AND CO | FY 2023 | 002839S |
Shareholding
The shareholding of BKN Developers Private 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of BKN Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 May 2025 | 101111205 | Indian Overseas Bank | ₹24 Cr | Open | |
| 28 Dec 2015 | 10615995 | Karur Vysya Bank | ₹30 Lakh | Open | |
| 23 Jul 2014 | 10543000 | The Karur Vysya Bank Limited | ₹15 Lakh | Open | |
| 20 Sep 2013 | 10453714 | The Karur Vysya Bank Limited | ₹15 Cr | Open | |
| 26 Oct 2012 | 10388227 | Others | ₹2 Cr | Open |
To see the full charge records of BKN Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
BKN Developers Private Limited has 22 court cases on record: 5 filed by BKN Developers, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 16 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of BKN Developers 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 BKN Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
BKN Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECB8717E2ZK | Karnataka | Active | 13 Sep 2023 |
To see the full GST registrations and return filing status of BKN Developers Private Limited, buy the company report.
Recent activity
BKN Developers Private Limited has 3 board changes on record since 2012: 3 appointments. The latest: Santosh Balakrishna was appointed as Director on 17 Aug 2012.
Frequently asked questions
BKN Developers 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 06 February 2012 (14+ years old) and is registered under CIN U45200KA2012PTC062419.
BKN Developers has 3 current directors:
- Santosh Balakrishna - Director
- Bhagya Lankipalli Balakrishna - Director
- Balakrishnama Naidu Lankipalli - Director
The latest financial statements of BKN Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of BKN Developers is 29AAECB8717E2ZK, registered in Karnataka. 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 BKN Developers is U45200KA2012PTC062419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BKN Developers has 22 court cases on record: 5 filed by the company and 17 filed against it. Most are in the district courts.
BKN Developers was incorporated on 06 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Santosh Balakrishna was appointed as Director on 17 Aug 2012. Balakrishnama Naidu Lankipalli was appointed as Director on 06 Feb 2012. Bhagya Lankipalli Balakrishna was appointed as Director on 06 Feb 2012.
The registered office of BKN Developers is at 29041 10th Main 38th Cross 5th Block Jayanagar, Bangalore, Karnataka, India – 560011.
BKN Developers 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.
