Eluru Developers Private Limited
About Eluru Developers Private Limited
Data last updated:
Eluru Developers Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Ivr Hotels And Resorts Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 October 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U70102TG2007PTC055774.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vinod Nagnath Kulkarni and Shyam Prasad Gadepalli.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per MCA filings, the company has open charges of ₹10,099 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Eluru Developers has one previous CIN (Corporate Identification Number): U70102AP2007PTC055774. The current CIN is U70102TG2007PTC055774, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102TG2007PTC055774 | Current |
| U70102AP2007PTC055774 | Previous |
Contact details
Eluru Developers Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressMihir 8 – 2 – 350/5/A/24/1 – B&2 Roadno.2 Panchavaticolony Banjarahi, Lls, Hyderabad, Telangana, India – 500034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Eluru 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
Financials of Eluru Developers Private Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Eluru Developers Private Limited, buy the company report.
Board of directors of Eluru Developers Private Limited
Eluru Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Nagnath Kulkarni Also directs: Alkor Petroo Limited, SPB Developers Private Limited, Ivr Prime Developers (Amalapuram) Private Limited and 5 more | Director | 28 Dec 2021 | 4 Years 10 Months | Current |
| Shyam Prasad Gadepalli Also directs: Vijayawada Developers Private Limited, Theata Developers Private Limited, Ilavampedu Developers Private Limited and 5 more | Director | 01 Jul 2019 | 7 Years 4 Months | Current |
Auditor
Eluru Developers Private Limited is audited by GANGAVARAPU & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANGAVARAPU & CO | FY 2021 | 005673S |
Shareholding
The shareholding of Eluru Developers Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
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To see the full shareholding pattern of Eluru Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Sep 2014 | 10523726 | State Bank of India | ₹22.36 Cr | Open | |
| 12 Sep 2014 | 10523818 | State Bank of India | ₹9,971.4 Cr | Open | |
| 06 Sep 2012 | 10384053 | Central Bank of India Limited | ₹105 Cr | Open |
To see the full charge records of Eluru Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Eluru Developers Private Limited has 12 court cases on record: 1 filed by Eluru Developers, 11 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 11 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against Ivr Hotels and Resorts Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Kotak Alternate Opportuniteis India Fund and Others and 2 others | Disposed |
| High Court, TAMIL NADU | Original application | Filed against the company by Kotak Alternate Opportuniteis India Fund and Others and 2 others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Kotak Alternate Opportuniteis India Fund and 2 Others and 2 others | Disposed |
| Madras High Court | Original application | Filed against the company | Disposed |
To see the full case history of Eluru 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 Eluru Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Eluru Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Eluru Developers Private Limited has 18 board changes on record since 2007: 10 appointments and 8 cessations. The latest: Vinod Nagnath Kulkarni was appointed as Director on 28 Dec 2021.
13 earlier events are in the company report.
Frequently asked questions
Eluru Developers is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 October 2007 (19+ years old) and is registered under CIN U70102TG2007PTC055774.
Eluru Developers has 2 current directors:
- Vinod Nagnath Kulkarni - Director
- Shyam Prasad Gadepalli - Director
The latest financial statements of Eluru Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Eluru Developers is U70102TG2007PTC055774. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Eluru Developers has 12 court cases on record: 1 filed by the company and 11 filed against it.
Eluru Developers was incorporated on 04 October 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Vinod Nagnath Kulkarni was appointed as Director on 28 Dec 2021. Ajay Krishna ceased to be Director on 20 Dec 2021. Makrand Shamsunder Edkey ceased to be Director on 11 Jan 2021. Eluru Developers has 18 board changes on record in total.
The registered office of Eluru Developers is at Mihir 8 – 2 – 3505A241 – B&2 Roadno.2 Panchavaticolony Banjarahi, Lls, Hyderabad, Telangana, India – 500034.
Eluru Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Eluru Developers has open charges of ₹10,099 Cr and no satisfied charges on record as per latest MCA filings.
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