About Divyasree Developers Private Limited
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Divyasree Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Shyamaraju And Company (India) Private L Imited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA1995PTC018485. Its GSTIN is 29AAACD7343L1ZC (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹46.5 Lakh. It was formerly known as Divyasree Promoters Pvt Ltd. It is led by directors Varadan Divya and Raghavendrarao Ananda Nelamangala.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Divyasree Chambers No 11 O Shauganessy Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.64 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹15.4 Lakh (net margin -1.6%) and EBITDA of ₹9.48 Cr (EBITDA margin 98.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 17% over five years.
The company is associated with 1 brand: DivyaSree. As per MCA filings, the company has open charges of ₹640 Cr and satisfied charges of ₹6 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in March 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website divyasree.com.
Company details
CIN history
Divyasree Developers has one previous CIN (Corporate Identification Number): U07010KA1995PTC018485. The current CIN is U70200KA1995PTC018485, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70200KA1995PTC018485 | Current |
| U07010KA1995PTC018485 | Previous |
Contact details
Divyasree Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is divyasree.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressDivyasree Chambers No 11 O Shauganessy Road, Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Divyasree Developers 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
Brands
Divyasree Developers operates one associated brand: DivyaSree. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial real estate development services are provided. | divyasree.com |
Business activity
The main business activity of Divyasree Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Divyasree Developers Private Limited, buy the company report.
Financials of Divyasree Developers Private Limited
FY 2024 filings availableDivyasree Developers Private Limited reported revenue of ₹9.64 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 1% growth in the latest year. EBITDA rose 1% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹9.48 Cr | ||||
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| Net Profit (PAT) | -₹15.4 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 98.4% | ||||
| Net Profit Margin | -1.6% | ||||
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To see the full financial statements and ratios of Divyasree Developers Private Limited, buy the company report.
Board of directors of Divyasree Developers Private Limited
Divyasree Developers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varadan Divya Also directs: Rukmini Realtors Private Limited, Divyasree Holdings Private Limited, Coretech Realty Private Limited and 5 more | Director | 23 Oct 2023 | 3 Years 0 Months | Current |
| Raghavendrarao Ananda Nelamangala Also directs: Divyasree Shelters LLP, Serna Hotels and Resorts Private Limited, Chakraa Island Resorts Private Limited and 4 more | Director | 09 Feb 2009 | 17 Years 8 Months | Current |
Auditor
Divyasree Developers Private Limited is audited by MIRANDA MOHAN KUMAR & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MIRANDA MOHAN KUMAR & CO | FY 2023 | 008147S |
Shareholding
The shareholding of Divyasree Developers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Divyasree Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Oct 2025 | 101232476 | Others | ₹640 Cr | Open | |
| 06 Nov 2006 | 10025322 | Karnataka Bank Limited | ₹6 Lakh | Satisfied |
To see the full charge records of Divyasree Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Divyasree Developers Private Limited has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in March 2017.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Coretech Realty Private Limited , High Tech Realtors Private Limited Seller: Shyamaraju & Company India Private Limited & P Shyamaraju, Shyamaraju and Company (India) Private Limited |
| Dec 2007 | Acquisition | Undisclosed | Buyer: Kotak Private Equity Seller: Divyasree Developers Private Limited |
| Feb 2007 | Acquisition | ₹1.4 Cr | Buyer: Shyamaraju and Company (India) Private Limited Seller: Divyasree Holdings Private Limited , Shyamaraju Family Foundation, 2 individuals |
| Mar 2006 | Funding round | ₹46 Lakh | Investors: Divyasree Holdings Private Limited , Shyamaraju Family Foundation, 2 individuals |
To see the full deal history of Divyasree Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Divyasree Developers Private Limited has 1 court case on record: 1 filed by Divyasree Developers. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed by the company against The Assistant Commissioner of Income Tax | Pending |
To see the full case history of Divyasree Developers 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 Divyasree Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Divyasree Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACD7343L1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Divyasree Developers Private Limited, buy the company report.
Recent activity
Divyasree Developers Private Limited has 8 board changes on record since 2009: 2 appointments and 6 cessations. The latest: Varadan Divya ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
News
Frequently asked questions
Divyasree Developers is an active 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 07 August 1995 (31+ years old) and is registered under CIN U70200KA1995PTC018485.
Divyasree Developers has 2 current directors:
- Varadan Divya - Director
- Raghavendrarao Ananda Nelamangala - Director
The latest financial statements of Divyasree Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Divyasree Developers is 29AAACD7343L1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Divyasree Developers is U70200KA1995PTC018485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Divyasree Developers has 1 court case on record: 1 filed by the company. 1 is pending.
Divyasree Developers was incorporated on 07 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Divyasree Developers has 5 deals on record (2 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹46 Lakh; the latest was in March 2017.
Varadan Divya ceased to be Additional Director on 29 Sep 2024. Varadan Divya was appointed as Director on 23 Oct 2023. Gangamma Giriyappa ceased to be Additional Director on 17 Aug 2009. Divyasree Developers has 8 board changes on record in total.
Divyasree Developers can be reached through the website divyasree.com. Its registered office is in Bangalore, Karnataka, India.