About Embassy One Developers Limited
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Embassy One Developers Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Wwd Pearl Limited. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 10 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2007PLC084541. Its GSTIN is 29AABCE8281F1ZG (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹260.96 Cr. It was formerly known as Eta Star Citi Centre Bangalore Private Limited and City View Bangalore Properties Private Limited. It is led by directors including Shailendra Konanur Subbaraya (Whole-Time Director) and Maria Rajesh.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹106.75 Cr, a growth of 124% compared to the previous year. For the same year it recorded a net loss of ₹46.62 Cr (net margin -43.7%) and EBITDA of ₹14.32 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 24% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Embassy ONE and Embassy Group. As per MCA filings, the company has open charges of ₹350 Cr and satisfied charges of ₹3,833.55 Cr on record. Court records list 30 cases involving the company, including 8 filed by the company and 22 filed against it; 6 cases are pending. The company has 20 deals on record (8 secondary share transfers, 6 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹455.91 Cr; the latest was in March 2024. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 1 smaller; the largest is Prestige Acres Private Limited with revenue of ₹107.26 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website embassyone.in.
Company details
Name history
Embassy One Developers has undergone 4 name changes throughout its history. The current legal name is Embassy One Developers Limited.
| Company Name | Status |
|---|---|
| Embassy One Developers Limited | Current |
| Eta Star Citi Centre Bangalore Private Limited | Previous |
| City View Bangalore Properties Private Limited | Previous |
| Eta Star Citi Centre Bangalore Limited | Previous |
CIN history
Embassy One Developers has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45202KA2007PLC084541, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202KA2007PLC084541 | Current |
| U45202DL2007PTC228691 | Previous |
| U45202KA2007PTC043569 | Previous |
| U45202KA2007PTC084541 | Previous |
Contact details
Embassy One Developers Limited's registered office is in Bangalore, Karnataka.
- Registered Address14th Floor Pinnacle Tower Embassy One, 8 Bellary Road Ganganagar, Bangalore, Karnataka, India – 560032
- IndustryInfrastructure and Utilities, General Construction Services
- 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
Embassy One Developers operates two associated brands: Embassy ONE and Embassy Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive commercial and residential real estate development services. | embassyone.in | |
| Real estate projects including apartments, villas, and offices are developed. | embassyindia.com |
Business activity
The main business activity of Embassy One 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 Embassy One Developers Limited, buy the company report.
Financials of Embassy One Developers Limited
FY 2025 filings availableEmbassy One Developers Limited reported revenue of ₹106.75 Cr (up 124% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 124% growth in the latest year. EBITDA rose 542% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹14.32 Cr | ||||
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| Net Profit (PAT) | -₹46.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | -43.7% | ||||
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To see the full financial statements and ratios of Embassy One Developers Limited, buy the company report.
Board of directors and KMP of Embassy One Developers Limited
Embassy One Developers Limited currently reports 3 directors and 1 key managerial person. 26 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maria Rajesh Also directs: Reque Developers Limited, Bellanza Developers Private Limited, Basal Projects Limited and 5 more | Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Shailendra Konanur Subbaraya Also directs: Embassy East Business Park Limited, Reque Developers Limited, Embassy-Columbia Pacific Asl Private Limited and 5 more | Whole-Time Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Rajesh Narayanan Kaimal Also directs: Saltire Estate and Resorts LLP, Alara Properties LLP, Embassy Developments Limited and 5 more | Director | 01 Jul 2019 | 7 Years 3 Months | Current |
| Swarna Ramesh Malharikar Also directs: Squadron Developers Limited, Upscarf Salon De Elegance LLP, Logus Projects Limited and 5 more | Cfo | 31 Mar 2025 | 1 Years 6 Months | Current |
Peer comparison
Embassy One Developers Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prestige Acres Private Limited | ₹107.26 Cr (FY 2025) | -5.0% | Bangalore, Karnataka, India | |||
| Pardos Lucknow Developers Private Limited | ₹107.15 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Embassy One Developers Limitedthis company | ₹106.75 Cr (FY 2025) | -₹46.62 Cr | -43.7% | 124.0% | Bangalore, Karnataka, India | |
| Rishabraj Estate Developers Private Limited | ₹106.68 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Embassy One Developers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jul 2025 | 101174332 | Others | ₹350 Cr | Open | |
| 04 Jun 2025 | 101106453 | Others | ₹150 Cr | Satisfied | |
| 29 Mar 2025 | 101084643 | Others | ₹60 Cr | Satisfied | |
| 11 Dec 2018 | 100221863 | Idbi Trusteeship Services Limited | ₹700 Cr | Satisfied | |
| 11 Dec 2018 | 100222153 | Idbi Trusteeship Services Limited | ₹375 Cr | Satisfied |
To see the full charge records of Embassy One Developers Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Embassy One Developers Limited has 20 deals on record (8 secondary share transfers, 6 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹455.91 Cr; the latest was in March 2024.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Embassy Property Developments Private Limited Seller: Embassy Inn Private Limited |
| Jun 2023 | Debt financing | ₹44.05 Cr | Investors: Embassy Inn Private Limited , Blackstone Advisors India |
| Oct 2021 | Debt financing | ₹157 Cr | Investors: Goldman Sachs Private Equity, Embassy Inn Private Limited , Blackstone Advisors India |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Embassy Inn Private Limited Seller: Goldman Sachs Private Equity |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: Embassy Inn Private Limited Seller: Century Real Estate Holdings Private Limited |
To see the full deal history of Embassy One Developers 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
Embassy One Developers Limited has 30 court cases on record: 8 filed by Embassy One Developers, 22 filed against it. 6 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 13 | 3 |
| District courts | 11 | 8 | 2 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Krishna Transnational Marbles Pvt Ltd | Pending |
| High Court of Karnataka | Court case (MFA) | Filed against the company by M/S Bangalore Residences LLP | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by M/S Bangalore Residences LLP | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Freight Connection South India Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Eic Holdings Pvt. Ltd. | Disposed |
To see the full case history of Embassy One Developers 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.
Credit ratings & regulatory alerts
Embassy One Developers Limited was last rated by Care on 25 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 25 May 2022 |
To see the full credit ratings and regulatory alerts of Embassy One Developers Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Embassy One Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Embassy One Developers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCE8281F1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Embassy One Developers Limited, buy the company report.
Recent activity
Embassy One Developers Limited has 30 board changes on record since 2007: 4 appointments and 26 cessations. The latest: Maria . Rajesh ceased to be Additional Director on 16 Jul 2025.
45 earlier events are in the company report.
Frequently asked questions
Embassy One Developers is an active public limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 10 August 2007 (19+ years old) and is registered under CIN U45202KA2007PLC084541.
Embassy One Developers has 4 current directors and KMP:
- Shailendra Konanur Subbaraya - Whole-Time Director
- Maria Rajesh - Director
- Rajesh Narayanan Kaimal - Director
- Swarna Ramesh Malharikar - Cfo
The latest financial statements of Embassy One Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Embassy One Developers is 29AABCE8281F1ZG, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Embassy One Developers is U45202KA2007PLC084541. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Embassy One Developers has 30 court cases on record: 8 filed by the company and 22 filed against it. 6 are pending. Most are in the high courts.
Embassy One Developers was incorporated on 10 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Embassy One Developers has 20 deals on record (8 secondary share transfers, 6 convertible or debt financings, 3 funding rounds), with disclosed funding of ₹455.91 Cr; the latest was in March 2024.
The peers of Embassy One Developers by revenue are Prestige Acres Private Limited, Pardos Lucknow Developers Private Limited, Rishabraj Estate Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Maria . Rajesh ceased to be Additional Director on 16 Jul 2025. Swarna Ramesh Malharikar was appointed as CFO on 31 Mar 2025. Shailendra Konanur Subbaraya ceased to be Additional Director on 30 Mar 2025. Embassy One Developers has 30 board changes on record in total.
Embassy One Developers can be reached through the website embassyone.in. Its registered office is in Bangalore, Karnataka, India.