Cornerstone Properties Private Limited - Company Profile

It is a real estate and construction private limited company based in Bengaluru, Karnataka, India, established in 2004.

2004 Bengaluru, Karnataka, India Active

Last Updated: December 24, 2025

About Cornerstone Properties Private Limited

Cornerstone Properties Private Limited, a active private limited company, was established on 03 March 2004 in Bengaluru, Karnataka, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U07010KA2004PTC033504. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹25.01 Cr and a paid-up capital of ₹22.93 Cr.

It upholds a compliant status. Employing 40 professional, Its leadership includes Tirumala Rajagopala Rao (Company Secretary), Byappanahalli Prabhakara Reddy Kumar Babu (Director), Kumudha Kumarbabu (Director). Past directors included Tirumala Rajagopala Rao, Akshay Kumar Babu Reddy, Aishwarya Reddy Kumar Babu. It holds ₹2,193.49 Cr open charges and ₹381.87 Cr settled loans. Its latest AGM occurred on 15 November 2024, with the balance sheet filed on 31 March 2024. It is based at 583, 1St Cross, 9Th Main, Off Cmh Road 1St Stage, Indiranagar, Bengaluru, Karnataka, 560038.

Company Details

CIN/LLPIN
U07010KA2004PTC033504
Registration Number
033504
Incorporation Date
03 March 2004
Authorized Capital
₹25.01 Cr
Paid-Up Capital
₹22.93 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 25.01 Cr as on 24-12-2025
Paid Up Capital ₹ 22.93 Cr as on 24-12-2025
Company Age 21 Year, 11 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2,193.49 Cr as on 24-12-2025
Satisfied Charges ₹ 381.87 Cr as on 24-12-2025
Revenue Growth **** 56.18% (FY 2023)
Profit Growth **** -176.15% (FY 2023)
Ebitda **** -184.62% (FY 2023)
Net Worth -10.50% (FY 2023)
Total Assets **** 8.10% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Cornerstone Properties Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cornerstone Properties Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Tirumala Rajagopala Rao	Company Secretary	01 Jul 2024	Current
Byappanahalli Prabhakara Reddy Kumar Babu	Director	03 Mar 2004	Current
Kumudha Kumarbabu	Director	24 Jan 2005	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Company Secretary	04 May 2019	Past
Pramod Abcsdd	Director	22 Jul 2021	Past
Pramod Abcsdd	Additional Director	30 Sep 2019	Past
Pramod Abcsdd	Director	27 Mar 2008	Past

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Financial Performance of Cornerstone Properties.

Cornerstone Properties Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 56.18% increase. The company also saw a substantial fall in profitability, with a 176.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.5%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

56.18%

*******

Revenue from Operations

*******

52.91%

*******

Total Assets

*******

8.10%

*******

Profit or Loss

*******

-176.15%

*******

Net Worth

*******

-10.50%

*******

EBITDA

*******

-184.62%

*******

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What is the Ownership and Shareholding Structure of Cornerstone Properties?

In 2023, Cornerstone Properties had a promoter holding of 100.00%. The company had 4 Subsidiaries and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹21,934,930,000.00

Satisfied Charges

₹3,818,735,000.00

Charges Breakdown by Lending Institutions

Others : 2066.85 Cr
Lakshmi Vilas Bank Limited : 105.00 Cr
Indian Overseas Bank : 18.49 Cr
Reliance Capital Ltd : 3.15 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Jun 2024	Others	₹1.40 Cr	Open
25 Apr 2024	Others	₹2.70 Cr	Open
24 Nov 2023	Others	₹2.95 M	Open
16 Nov 2023	Others	₹3.43 M	Open
03 Nov 2023	Others	₹4.70 M	Open

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How Many Employees Work at Cornerstone Properties?

Cornerstone Properties has a workforce of 40 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Cornerstone Properties, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cornerstone Properties's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Cornerstone Properties

Recent Activity within the Organization

Charges

Progress on A charge with Others of Rs. 150.00 Cr registered on 27 Aug 2020 with Charge ID 100377290 was modified on 20 Dec 2024. was documented.
20 Dec 2024
Charges

A charge with Others of Rs. 650.00 Cr registered on 30 Aug 2018 with Charge ID 100203007 was modified on 20 Dec 2024. was recorded as a recent event.
20 Dec 2024
Charges

Progress on A charge with Others of Rs. 775.00 Cr registered on 30 Aug 2018 with Charge ID 100205147 was modified on 20 Dec 2024. was documented.
20 Dec 2024
Charges

Progress on A charge with Others of Rs. 485.00 Cr registered on 30 Jun 2017 with Charge ID 100114740 was modified on 20 Dec 2024. was documented.
20 Dec 2024
Annual General Meeting

Progress on Cornerstone Properties Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records. was documented.
15 Nov 2024
Director Appointment

The activity Tirumala Rajagopala Rao was appointed as a Company Secretary was appointed as a Company Secretary on 08 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.
08 Jul 2024

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