About Coevolve Estates Private Limited
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Coevolve Estates 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 05 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2005PTC036911. Its GSTIN is 29AAFCA3311G1Z1 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Asset Handlers Private Limited. It is led by directors including Saleena Mohamed Abdul Rahiman and Mohamed Abdul Rahiman Puthiyaveettil Nalakath.
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 No.476 2nd Floor 80 Feetroad 6th Block Koramanagala Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.46 Cr, a growth of 80% compared to the previous year. For the same year it recorded a net profit of ₹4.72 Cr (net margin 15%) and EBITDA of ₹7.31 Cr (EBITDA margin 23.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 11% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CoEvolve Estates. As per MCA filings, the company has open charges of ₹50.48 Cr and satisfied charges of ₹111.5 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 4 cases are 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 coevolvegroup.com.
Company details
Contact details
Coevolve Estates Private Limited's registered office is in Bangalore, Karnataka. Its website is coevolvegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.476 2nd Floor 80 Feetroad 6th Block Koramanagala Bangalore, Karnataka, India – 560095
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Coevolve Estates 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
Brands
Coevolve Estates operates one associated brand: CoEvolve Estates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Entertainment news is curated and ranked by social scoring algorithm. | coevolvegroup.com |
Business activity
The main business activity of Coevolve Estates is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Coevolve Estates Private Limited, buy the company report.
Financials of Coevolve Estates Private Limited
FY 2025 filings availableCoevolve Estates Private Limited reported revenue of ₹31.46 Cr (up 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 80% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 11%. EBITDA rose 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.31 Cr | ||||
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| Net Profit (PAT) | ₹4.72 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 23.2% | ||||
| Net Profit Margin | 15% | ||||
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To see the full financial statements and ratios of Coevolve Estates Private Limited, buy the company report.
Board of directors of Coevolve Estates Private Limited
Coevolve Estates has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saleena Mohamed Abdul Rahiman Also directs: Goldridges Ventures LLP | Director | 05 Aug 2005 | 21 Years 3 Months | Current |
| Mohamed Abdul Rahiman Puthiyaveettil Nalakath | Director | 05 Aug 2005 | 21 Years 3 Months | Current |
| Suhail Rahman Also directs: Goldridges Ventures LLP, Twilight Fields LLP, Accelerated Builders & Contractors Private Limited and 5 more | Director | 28 Mar 2015 | 11 Years 7 Months | Current |
| Jasna Rabia Rahman Also directs: Goldridges Ventures LLP, Coevolve Emerald LLP, Coevolve East End Ventures LLP and 4 more | Director | 01 Mar 2024 | 2 Years 8 Months | Current |
Peer comparison
Coevolve Estates Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gauri Vinayak Builder and Developers Private Limited | ₹31.52 Cr (FY 2024) | -31.0% | Kalyan, Maharashtra, India | |||
| Vastushastram Constructions Private Limited | ₹31.52 Cr (FY 2025) | 123.0% | Delhi, India | |||
| Hi-Tech Buildmart Private Limited | ₹31.51 Cr (FY 2025) | 158.0% | Jaipur, Rajasthan, India | |||
| Chhattisgarh Police Housing Corporation Limited | ₹31.49 Cr (FY 2024) | 484311.0% | Raipur, Chhattisgarh, India | |||
| Coevolve Estates Private Limitedthis company | ₹31.46 Cr (FY 2025) | ₹4.72 Cr | 15% | 80.0% | Bangalore, Karnataka, India | |
| Chandrakosha Konstructions Private Limited | ₹31.43 Cr (FY 2025) | -41.0% | Mumbai, Maharashtra, India | |||
| Ken Constructions Limited | ₹31.42 Cr (FY 2025) | -47.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Coevolve Estates Private Limited, buy the company report.
Auditor
Coevolve Estates Private Limited is audited by G S RAO & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G S RAO & CO | FY 2023 | 003127S |
Shareholding
The shareholding of Coevolve Estates 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 Coevolve Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Nov 2025 | 101196143 | Hdfc Bank Limited | ₹29.41 Lakh | Open | |
| 30 Oct 2025 | 101196179 | Hdfc Bank Limited | ₹28.39 Lakh | Open | |
| 19 Jun 2025 | 101128993 | State Bank of India | ₹49.5 Cr | Open | |
| 13 Jun 2022 | 100584657 | Axis Bank Limited | ₹40 Lakh | Open | |
| 30 Sep 2024 | 101004549 | Others | ₹49.5 Cr | Satisfied |
To see the full charge records of Coevolve Estates Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Coevolve Estates Private Limited has 17 court cases on record: 5 filed by Coevolve Estates, 12 filed against it. 4 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 8 | 4 |
| High courts | 5 | 4 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Coevolve Estates 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 Coevolve Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Coevolve Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA3311G1Z1 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Coevolve Estates Private Limited, buy the company report.
Recent activity
Coevolve Estates Private Limited has 4 board changes on record since 2005: 4 appointments. The latest: Jasna Rabia Rahman was appointed as Director on 01 Mar 2024.
7 earlier events are in the company report.
Frequently asked questions
Coevolve Estates 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 05 August 2005 (21+ years old) and is registered under CIN U07010KA2005PTC036911.
Coevolve Estates has 4 current directors:
- Saleena Mohamed Abdul Rahiman - Director
- Mohamed Abdul Rahiman Puthiyaveettil Nalakath - Director
- Suhail Rahman - Director
- Jasna Rabia Rahman - Director
The latest financial statements of Coevolve Estates 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 Coevolve Estates is 29AAFCA3311G1Z1, registered in Karnataka.
The CIN (Corporate Identification Number) of Coevolve Estates is U07010KA2005PTC036911. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Coevolve Estates has 17 court cases on record: 5 filed by the company and 12 filed against it. 4 are pending. Most are in the district courts.
Coevolve Estates was incorporated on 05 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Coevolve Estates by revenue are Gauri Vinayak Builder and Developers Private Limited, Vastushastram Constructions Private Limited, Hi-Tech Buildmart Private Limited, Chhattisgarh Police Housing Corporation Limited, Chandrakosha Konstructions Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Jasna Rabia Rahman was appointed as Director on 01 Mar 2024. Suhail Rahman was appointed as Director on 28 Mar 2015. Mohamed Abdul Rahiman Puthiyaveettil Nalakath was appointed as Director on 05 Aug 2005. Coevolve Estates has 4 board changes on record in total.
Coevolve Estates can be reached through the website coevolvegroup.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Coevolve Estates is at No.476 2nd Floor 80 Feetroad 6th Block Koramanagala Bangalore, Karnataka, India – 560095.
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