About Divya Infra Properties Private Limited
Data last updated:
Divya Infra Properties Private Limited is a private limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 May 2005.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2005PTC036361. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.44 Cr. It was formerly known as Divya Corp Properties Private Limited. It is led by directors including Satya Ravi Prasad Malisetty (Managing Director) and Divya Ravi Malisetty (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No:4 Abbigere Main Road 30 Kammagondanahalli, Bangalore, Karnataka, India – 560015.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.31 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹24.98 Lakh (net margin -19%) and EBITDA of -₹24.97 Lakh (EBITDA margin -19%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 30% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹9.65 Cr on record. Court records list 47 cases involving the company, including 18 filed by the company and 29 filed against it; 21 cases are pending.
The last known website on record is divyainfra.com.
Company details
Contact details
Divya Infra Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is divyainfra.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo:4 Abbigere Main Road 30 Kammagondanahalli, Bangalore, Karnataka, India – 560015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Divya Infra Properties 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
Business activity
The main business activity of Divya Infra Properties 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 Divya Infra Properties Private Limited, buy the company report.
Financials of Divya Infra Properties Private Limited
FY 2022 filings availableDivya Infra Properties Private Limited reported revenue of ₹1.31 Cr (up 3138% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years. EBITDA fell 21% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.31 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹24.97 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.98 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -19% | ||||
| Net Profit Margin | -19% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Divya Infra Properties Private Limited, buy the company report.
Board of directors of Divya Infra Properties Private Limited
Divya Infra Properties has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satya Ravi Prasad Malisetty | Managing Director | 24 May 2005 | 21 Years 4 Months | As last reported |
| Veni Malisetty Also directs: Divya Knowledge Process Management Limited | Director | 24 May 2005 | 21 Years 4 Months | As last reported |
| Prakul Thadi Also directs: Incorp Restructuring Services LLP, Prakul & Kunwarpreet LLP | Irp/Rp/Liquidator | 18 Mar 2024 | 2 Years 7 Months | As last reported |
| Divya Ravi Malisetty | Whole-Time Director | 22 May 2017 | 9 Years 5 Months | As last reported |
Auditor
Divya Infra Properties Private Limited is audited by N S V M & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S V M & ASSOCIATES | FY 2022 | 010072S |
Shareholding
The shareholding of Divya Infra Properties Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Divya Infra Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2015 | 10552482 | Others | ₹20 Cr | Open | |
| 31 Jan 2014 | 10476420 | Dhfl Vysya Housing Finance Limited | ₹5 Cr | Satisfied | |
| 07 Jun 2006 | 10005063 | Karnataka State Financial Corporation | ₹4.65 Cr | Satisfied |
To see the full charge records of Divya Infra Properties Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Divya Infra Properties Private Limited has 47 court cases on record: 18 filed by Divya Infra Properties, 29 filed against it. 21 cases are pending and 26 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 9 | 3 |
| High courts | 19 | 15 | 15 |
| NCLAT | 4 | 4 | 3 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by HDB Financial Services Limited Rep.By Its A.O. | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Housing Development Finance Corporation Ltd (HDFC Ltd) | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Divya Infra Properties 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 Divya Infra Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Divya Infra Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Divya Infra Properties Private Limited, buy the company report.
Recent activity
Divya Infra Properties Private Limited has 8 board changes on record since 2005: 4 appointments and 4 cessations. The latest: Prakul Thadi was appointed as Irp/Rp/Liquidator on 18 Mar 2024.
5 earlier events are in the company report.
Frequently asked questions
Divya Infra Properties is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Divya Infra Properties is a company under insolvency, formerly operating as a 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 24 May 2005 and is registered under CIN U70200KA2005PTC036361. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Divya Infra Properties has 4 current directors:
- Satya Ravi Prasad Malisetty - Managing Director
- Divya Ravi Malisetty - Whole-Time Director
- Veni Malisetty - Director
- Prakul Thadi - Irp/Rp/Liquidator
The latest financial statements of Divya Infra Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Divya Infra Properties is U70200KA2005PTC036361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divya Infra Properties has open charges of ₹20 Cr and satisfied charges of ₹9.65 Cr as per latest MCA filings.
Divya Infra Properties has 47 court cases on record: 18 filed by the company and 29 filed against it. 21 are pending. Most are in the district courts.
Divya Infra Properties was incorporated on 24 May 2005. It is registered with the Registrar of Companies, Bangalore.
Prakul Thadi was appointed as Irp/Rp/Liquidator on 18 Mar 2024. Divya Ravi Malisetty was appointed as Whole-Time Director on 22 May 2017. Divya Ravi Malisetty ceased to be Whole-Time Director on 09 Nov 2016. Divya Infra Properties has 8 board changes on record in total.
Divya Infra Properties can be reached through the website divyainfra.com. Its registered office is in Bangalore, Karnataka, India.