Divyasree Properties Private Limited, a active private limited company, was established on 29 March 1993 in Bangalore, Karnataka, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U85110KA1993PTC014155. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.23 Cr.
Formerly known as Pathapati Foundations Private Limited. It upholds a compliant status. Its leadership includes Arathi Bhaskar Raju (Director), Shyamaraju Pathapati (Managing Director). Past directors included Arathi Bhaskar Raju, Umesh Shyamaraju, Amruta Jahagirdar Pranesh. It holds no open charges and ₹383.72 Cr settled loans. Its latest AGM occurred on 29 September 2024, with the balance sheet filed on 31 March 2024. It is based at Divyasree Chambers,A-Wing,No.11, O Shaugnessy Road Bangalore, Bangalore, Karnataka, 560025.
U85110KA1993PTC014155
014155
29 March 1993
₹5.00 Cr
₹3.23 Cr
Roc Bangalore
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arathi Bhaskar Raju | Director | 12 Dec 2019 | Current |
| Shyamaraju Pathapati | Managing Director | 23 Apr 1993 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Additional Director | 31 Dec 2020 | Past |
| Pramod Abcsdd | Director | 11 Dec 2019 | Past |
| Pramod Abcsdd | Company Secretary | 14 Jun 2010 | Past |
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Divyasree Properties Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight decrease in profitability, with a 6.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 27.16%.
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In 2023, Divyasree Properties had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹0
₹3,837,207,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2020 | Others | ₹100.00 Cr | Satisfied |
| 29 Dec 2020 | Others | ₹200.00 Cr | Satisfied |
| 27 Sep 2007 | Karnataka Bank Limited | ₹13.00 Cr | Satisfied |
| 17 May 2006 | The Karnataka Bank Limited | ₹5.00 Cr | Satisfied |
| 29 Aug 2005 | Karnataka Bank Limited | ₹9.00 Cr | Satisfied |
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Progress on Divyasree Properties Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records. was documented.
The activity Divyasree Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.
Progress on A charge registered on 29 Dec 2020 via Charge ID 100407197 with Others was fully satisfied on 25 Mar 2021. was documented.
The activity A charge registered on 29 Dec 2020 via Charge ID 100409824 with Others was fully satisfied on 25 Mar 2021. was completed.
The activity A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100407197 was registered on 29 Dec 2020. was completed.
The activity A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100409824 was registered on 29 Dec 2020. was completed.
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 Properties Private Limited is U85110KA1993PTC014155.
Divyasree Properties Private Limited is headquartered at Divyasree Chambers,A-Wing,No.11, O Shaugnessy Road Bangalore, Bangalore, Karnataka, 560025.
Divyasree Properties Private Limited was incorporated on 29 March 1993.
The current directors of Divyasree Properties Private Limited are
The primary industry of Divyasree Properties Private Limited is Real Estate.
Divyasree Properties Private Limited is unlisted.
The authorized capital of Divyasree Properties Private Limited is ₹5.00 Cr, and the paid-up capital is ₹3.23 Cr.
The compliance status of Divyasree Properties Private Limited is Compliant.
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