Divyasree Buildtech Contractors Private Limited, a active private limited company, was established on 06 May 2004 in Bangalore, Karnataka, India. Engaging in real estate financing within the real estate sector, it holds CIN: U70200KA2004PTC033893. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.41 M.
Formerly known as Forture Contractors Private Limited. It upholds a compliant status. Its leadership includes Arathi Bhaskar Raju (Director), Shyamaraju Pathapati (Director). Past directors included Umesh Shyamaraju, Bhaskar Narayana Raju, Mathikere Jayaram Shantharam. It holds ₹85.00 Cr open charges and ₹158.45 Cr settled loans. Its latest AGM occurred on 26 September 2024, with the balance sheet filed on 31 March 2024. It is based at Divyasree Chambers,Wing-A, No.11, O' Shaugnessy Road,, Bangalore,, Karnataka, 560025.
U70200KA2004PTC033893
033893
06 May 2004
₹0.50 M
₹0.41 M
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arathi Bhaskar Raju | Director | 06 May 2004 | Current |
| Shyamaraju Pathapati | Director | 06 May 2004 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 11 Dec 2019 | Past |
| Pramod Abcsdd | Director | 11 Dec 2019 | Past |
| Pramod Abcsdd | Additional Director | 28 Sep 2007 | Past |
| Pramod Abcsdd | Director | 14 Nov 2018 | Past |
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Divyasree Buildtech Contractors Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 0.34% decrease. The company also saw a substantial fall in profitability, with a 12.5% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.54%.
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₹850,000,000.00
₹1,584,490,594.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2024 | Others | ₹85.00 Cr | Open |
| 30 Dec 2015 | Others | ₹76.22 Cr | Satisfied |
| 31 Jan 2013 | Reliance Capital Ltd | ₹40.00 Cr | Satisfied |
| 10 Jun 2009 | Idbi Bank Limited | ₹42.23 Cr | Satisfied |
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Divyasree Buildtech Contractors Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records. was recorded as a recent event.
The activity A charge with Others amounted to Rs. 850.00 M with Charge ID 100944039 was registered on 11 Jul 2024. was completed.
The activity A charge registered on 30 Dec 2015 via Charge ID 10611428 with Others was fully satisfied on 02 Jul 2024. was completed.
Divyasree Buildtech Contractors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was recorded as a recent event.
The activity A charge with Others of Rs. 762.19 M registered on 30 Dec 2015 with Charge ID 10611428 was modified on 27 Aug 2021. was completed.
A charge with Others amounted to Rs. 762.19 M with Charge ID 10611428 was registered on 30 Dec 2015. was recorded as a recent event.
DivyaSree Developers is expanding its presence in the student housing market by planning to build 1,00,000 rooms in the next three years. They already have 4,000 beds operational and are looking to partner with global funds and existing operators. This concept is gaining popularity in India, with investments from companies like Sequoia Capital and Goldman Sachs. ANAROCK Property Consultants chairman Anuj Puri says this trend is growing in cities like Pune, Bengaluru, and Mumbai, as well as smaller cities like Lucknow and Jaipur..
DivyaSree Developers and ADIA will develop 15 million sq ft of commercial projects in India's major cities in the next 5 years. ADIA is investing $200 million in the project, while KIAL and DivyaSree will contribute the rest. The first project of 3.2 million sq ft is already under development. DivyaSree will also launch projects in Hyderabad, Pune, and other cities. This will help them expand their presence in key markets and the commercial real estate market saw a total investment of $4.7 billion in 2018..
The fund's strategy is to develop greenfield projects as well as acquire under construction and completed assets across key markets in India..
According to media reports, Diageo has been looking to monetise its non-core assets to pare down its debt.
The deal to sell 30,000 sq ft, pegged at Rs 28,000 per sq ft, will be the highest ever fetched in the citys office market..
India Business News: Bengaluru: The debt-laden Lanco Group is holding advanced talks to sell its commercial office space business to southern builder DivyaSree Developers ..
The CIN of Divyasree Buildtech Contractors Private Limited is U70200KA2004PTC033893.
Divyasree Buildtech Contractors Private Limited is headquartered at Divyasree Chambers,Wing-A, No.11, O' Shaugnessy Road,, Bangalore,, Karnataka, 560025.
Divyasree Buildtech Contractors Private Limited was incorporated on 06 May 2004.
The current directors of Divyasree Buildtech Contractors Private Limited are
The primary industry of Divyasree Buildtech Contractors Private Limited is Real Estate.
Divyasree Buildtech Contractors Private Limited is unlisted.
The authorized capital of Divyasree Buildtech Contractors Private Limited is ₹0.50 M, and the paid-up capital is ₹0.41 M.
The compliance status of Divyasree Buildtech Contractors Private Limited is Compliant.
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