Cornerstone Properties Private Limited Company Logo

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:

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 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 Indicators

  • Authorised Capital ₹ 25.01 Cr
  • Paid Up Capital ₹ 22.93 Cr
  • Company Age 21 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,193.49 Cr
  • Satisfied Charges ₹ 381.87 Cr
  • Revenue Growth 56.18%
  • Profit Growth -176.15%
  • Ebitda -184.62%
  • Net Worth -10.50%
  • Total Assets 8.10%
Company report

Cornerstone Properties Private Limited

Company Report FY 2025-2026

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

NameDesignationAppointment DateStatus
Byappanahalli Prabhakara Reddy Kumar BabuDirector03 Mar 2004Current
Kumudha KumarbabuDirector24 Jan 2005Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddCompany Secretary04 May 2019Past
Pramod AbcsddDirector22 Jul 2021Past
Pramod AbcsddAdditional Director30 Sep 2019Past
Pramod AbcsddDirector27 Mar 2008Past

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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%.

Cornerstone Properties revenue growth over time
Cornerstone Properties profit and loss trends over time
  • 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%

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.

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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

DateLenderAmountStatus
05 Jun 2024Others₹1.40 CrOpen
25 Apr 2024Others₹2.70 CrOpen
24 Nov 2023Others₹2.95 MOpen
16 Nov 2023Others₹3.43 MOpen
03 Nov 2023Others₹4.70 MOpen

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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 growth trends for Cornerstone Properties Private Limited

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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.

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.

  • Charges

    Progress on 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 documented.

  • Charges

    The activity 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 completed.

  • Charges

    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 recorded as a recent event.

  • Annual General Meeting

    The activity Cornerstone Properties Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records. was completed.

  • Director Appointment

    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 4 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Cornerstone Properties Private Limited?

    The CIN of Cornerstone Properties Private Limited is U07010KA2004PTC033504.

  • Where is Cornerstone Properties Private Limited headquartered?

    Cornerstone Properties Private Limited is headquartered at 583, 1St Cross, 9Th Main, Off Cmh Road 1St Stage, Indiranagar, Bengaluru, Karnataka, 560038.

  • When was Cornerstone Properties Private Limited incorporated?

    Cornerstone Properties Private Limited was incorporated on 03 March 2004.

  • Who are the current directors of Cornerstone Properties Private Limited?

    The current directors of Cornerstone Properties Private Limited are

  • What is the primary industry of Cornerstone Properties Private Limited?

    The primary industry of Cornerstone Properties Private Limited is Real Estate.

  • Is Cornerstone Properties Private Limited a listed company?

    Cornerstone Properties Private Limited is unlisted.

  • What is the capital structure of Cornerstone Properties Private Limited?

    The authorized capital of Cornerstone Properties Private Limited is ₹25.01 Cr, and the paid-up capital is ₹22.93 Cr.

  • What is the compliance status of Cornerstone Properties Private Limited?

    The compliance status of Cornerstone Properties Private Limited is Compliant.

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