- #709 C Visweswara Rao & family ₹4,500 Cr

About Cornerstone Shelters Private Limited
Data last updated:
Cornerstone Shelters Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 March 2007 and has been in existence for over 19 years.
Its director C Visweswara Rao and family are #709 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2007PTC042067. Its GSTIN is 29AADCC1888N1Z0 (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 Chinta Sridhar and Bypanahalli Prabhakarreddy Ramesh.
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 Ist Stage Indiranagar, Bengaluru, Karnataka, India – 560038.
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
Recognitions & Rankings of Cornerstone Shelters
Contact details
Cornerstone Shelters Private Limited's registered office is in Bengaluru, Karnataka. Its website is cornerstoneindia.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address583 1st Cross 9th Main Off Cmh Road Ist Stage Indiranagar, Bengaluru, Karnataka, India – 560038
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Cornerstone Shelters 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 Cornerstone Shelters Private Limited
FY 2025 filings availableCornerstone Shelters Private Limited reported revenue of ₹1,274 (up 109% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 109% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 84%. 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,274 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | |||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | |||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Cornerstone Shelters Private Limited, buy the company report.
Board of directors of Cornerstone Shelters Private Limited
Cornerstone Shelters has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chinta Sridhar Also directs: CVR Holdings Private Limited, Navayuga Engineering Company Limited, Navayuga Jahnavi Toll Bridge Private Limited and 5 more | Director | 20 Jun 2007 | 19 Years 4 Months | Current |
| Bypanahalli Prabhakarreddy Ramesh Also directs: Akr Property Developers Private Limited, Ammolite Properties Private Limited, Unrent Technologies Private Limited and 1 more | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Ravi Kumar Prabhakar Byyapanahalli | Director | 30 Dec 2019 | 6 Years 9 Months | Current |
| Visweswara Rao Chinta | Director | 20 Jun 2007 | 19 Years 4 Months | Current |
| Byappanahalli Prabhakara Reddy Kumar Babu Also directs: Cornerstone Eden Developments LLP, BPK Developments LLP, Augelite Properties LLP and 5 more | Director | 04 Jun 2007 | 19 Years 4 Months | Current |
| Kumudha Kumarbabu Also directs: BPK Developments LLP, Cornerstone Properties Private Limited, Chrysolite Property Developments Private Limited and 5 more | Director | 13 Mar 2007 | 19 Years 7 Months | Current |
Auditor
Cornerstone Shelters Private Limited is audited by B S VENKATACHALAPATHY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S VENKATACHALAPATHY & CO | FY 2021 | 013037S |
Shareholding
The shareholding of Cornerstone Shelters Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Cornerstone Shelters Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cornerstone Shelters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cornerstone Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cornerstone Shelters has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCC1888N1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cornerstone Shelters Private Limited, buy the company report.
Recent activity
Cornerstone Shelters Private Limited has 10 board changes on record since 2007: 6 appointments and 4 cessations. The latest: Bypanahalli Prabhakarreddy Ramesh ceased to be Additional Director on 31 Dec 2020.
1 earlier event is in the company report.
Frequently asked questions
Cornerstone Shelters is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 13 March 2007 (19+ years old) and is registered under CIN U45201KA2007PTC042067.
Cornerstone Shelters has 6 current directors:
- Chinta Sridhar - Director
- Bypanahalli Prabhakarreddy Ramesh - Director
- Ravi Kumar Prabhakar Byyapanahalli - Director
- Visweswara Rao Chinta - Director
- Byappanahalli Prabhakara Reddy Kumar Babu - Director
- Kumudha Kumarbabu - Director
The latest financial statements of Cornerstone Shelters 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 Cornerstone Shelters is 29AADCC1888N1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Cornerstone Shelters is U45201KA2007PTC042067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cornerstone Shelters was incorporated on 13 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Bypanahalli Prabhakarreddy Ramesh ceased to be Additional Director on 31 Dec 2020. Ravi Kumar Prabhakar Byyapanahalli ceased to be Additional Director on 31 Dec 2020. Lakshmi Priyadarshini Chinta ceased to be Director on 28 Oct 2020. Cornerstone Shelters has 10 board changes on record in total.
Cornerstone Shelters can be reached through the website cornerstoneindia.in. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Cornerstone Shelters is at 583 1st Cross 9th Main Off Cmh Road Ist Stage Indiranagar, Bengaluru, Karnataka, India – 560038.
Cornerstone Shelters operates in the real estate and construction industry, in the real estate builders and developers segment.