About Chrysolite Property Developments Private Limited
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Chrysolite Property Developments Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Cornerstone Properties Private Limited. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 07 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45200KA2007PTC042003. Its GSTIN is 29AAFCM4524R1ZT (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Byappanahalli Prabhakara Reddy Kumar Babu and Kumudha Kumarbabu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 583 1st Cross 9th Main Off Cmh Road 1st Stage Indiranagar, Bengaluru, Karnataka, India – 560038.
As per the financials filed for FY 2025, the company reported a revenue of ₹2 Lakh. For the same year it recorded a net loss of ₹2.14 Lakh (net margin -107%) and EBITDA of -₹2.09 Lakh (EBITDA margin -104.5%). Revenue has declined at a compounded annual rate (CAGR) of 46% over five years.
As per MCA filings, the company has open charges of ₹800 Cr and satisfied charges of ₹100 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is 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 cornerstoneindia.in.
Company details
Contact details
Chrysolite Property Developments Private Limited's registered office is in Bengaluru, Karnataka. Its website is cornerstoneindia.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address583 1st Cross 9th Main Off Cmh Road 1st Stage Indiranagar, Bengaluru, Karnataka, India – 560038
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of Chrysolite Property Developments 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
Financials of Chrysolite Property Developments Private Limited
FY 2025 filings availableChrysolite Property Developments Private Limited reported revenue of ₹2 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 46% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹2.09 Lakh | ||||
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| Net Profit (PAT) | -₹2.14 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -104.5% | ||||
| Net Profit Margin | -107% | ||||
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To see the full financial statements and ratios of Chrysolite Property Developments Private Limited, buy the company report.
Board of directors of Chrysolite Property Developments Private Limited
Chrysolite Property Developments has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byappanahalli Prabhakara Reddy Kumar Babu Also directs: Cornerstone Eden Developments LLP, BPK Developments LLP, Augelite Properties LLP and 5 more | Director | 07 Mar 2007 | 19 Years 7 Months | Current |
| Kumudha Kumarbabu Also directs: BPK Developments LLP, Cornerstone Properties Private Limited, Cornerstone Property Developers Private Limited and 5 more | Director | 07 Mar 2007 | 19 Years 7 Months | Current |
| Poonachakiran Mudhanda Also directs: Cornerstone Eden Developments LLP, Augelite Properties LLP, Ammolite Properties Private Limited and 1 more | Director | 27 Dec 2018 | 7 Years 9 Months | Current |
Auditor
Chrysolite Property Developments Private Limited is audited by B S Venkatachalapathy & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S Venkatachalapathy & Co | FY 2023 | 013037S |
Shareholding
The shareholding of Chrysolite Property Developments 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Chrysolite Property Developments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2020 | 100378064 | Others | ₹150 Cr | Open | |
| 30 Aug 2018 | 100204655 | Others | ₹650 Cr | Open | |
| 16 Feb 2017 | 100085973 | Others | ₹25 Cr | Satisfied | |
| 16 Feb 2017 | 100092142 | Idbi Trusteeship Services Limited | ₹45 Cr | Satisfied | |
| 30 Nov 2015 | 10609135 | Dmi Finance Private Limited | ₹30 Cr | Satisfied |
To see the full charge records of Chrysolite Property Developments Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Chrysolite Property Developments Private Limited has 5 court cases on record: 3 filed by Chrysolite Property Developments, 2 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Sattva Developers Private Limited and 2 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Asset Reconstruction Company India Limited and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 1 other | Disposed |
| High Court of Karnataka | Arbitration matter | Filed against the company by L and T Finance Limited | Disposed |
| High Court | Court case (MFA) | Filed against the company by individuals | Disposed |
To see the full case history of Chrysolite Property Developments 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 Chrysolite Property Developments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Chrysolite Property Developments has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM4524R1ZT | Karnataka | Active | 02 Sep 2017 |
To see the full GST registrations and return filing status of Chrysolite Property Developments Private Limited, buy the company report.
Recent activity
Chrysolite Property Developments Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Poonachakiran Mudhanda ceased to be Additional Director on 30 Sep 2019.
6 earlier events are in the company report.
Frequently asked questions
Chrysolite Property Developments is an active private limited company based in Bengaluru, Karnataka, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 07 March 2007 (19+ years old) and is registered under CIN U45200KA2007PTC042003.
Chrysolite Property Developments has 3 current directors:
- Byappanahalli Prabhakara Reddy Kumar Babu - Director
- Kumudha Kumarbabu - Director
- Poonachakiran Mudhanda - Director
The latest financial statements of Chrysolite Property Developments on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Chrysolite Property Developments is 29AAFCM4524R1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Chrysolite Property Developments is U45200KA2007PTC042003. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chrysolite Property Developments has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Chrysolite Property Developments was incorporated on 07 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Poonachakiran Mudhanda ceased to be Additional Director on 30 Sep 2019. Poonachakiran Mudhanda was appointed as Director on 27 Dec 2018. Mahesh Ramdas Iyer ceased to be Additional Director on 17 Mar 2017. Chrysolite Property Developments has 5 board changes on record in total.
Chrysolite Property Developments can be reached through the website cornerstoneindia.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Chrysolite Property Developments is at 583 1st Cross 9th Main Off Cmh Road 1st Stage Indiranagar, Bengaluru, Karnataka, India – 560038.