About Expat Properties India Limited
Data last updated:
Expat Properties India Limited is a public limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 January 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA1997PLC021689. The company has 19 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹97.73 Lakh. It is led by directors including Santosh Balakrishna Shetty (Managing Director) and Diwakar Mysore Ramamurthy.
Its last annual general meeting (AGM) was held on 15 November 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Carlton Towers A Wing 3rd Floor Unit No. 301 – 314 No.1 Old Airport Road, Bengaluru, Karnataka, India – 560008.
As per the financials filed for FY 2019, the company reported a revenue of ₹11.55 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹20.29 Lakh (net margin -1.8%) and EBITDA of ₹64.19 Lakh (EBITDA margin 5.6%). Revenue has declined at a compounded annual rate (CAGR) of 65% over three years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 7 subsidiaries.
As per MCA filings, the company has open charges of ₹9.27 Cr and satisfied charges of ₹20.03 Cr on record. Court records list 27 cases involving the company, including 9 filed by the company and 9 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website expat-properties.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressCarlton Towers A Wing 3rd Floor Unit No. 301 – 314 No.1 Old Airport Road, Bengaluru, Karnataka, India – 560008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Expat Properties India Limited
The main business activity of Expat Properties India is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Expat Properties India Limited FY 2019 filings available
Expat Properties India Limited reported revenue of ₹11.55 Cr (down 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Expat Properties India Limited
Revenue has declined at a compounded annual rate (CAGR) of 65% over three years, including a 6% fall in the latest year. EBITDA fell 74% 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 of Expat Properties India Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹11.55 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹64.19 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹20.29 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Expat Properties India Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.8% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Expat Properties India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Expat Properties India Limited
Expat Properties India Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kiwi Green Private Limited | ₹11.56 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Raipur, Chhattisgarh, India |
| Quince Green Estate Private Limited | ₹11.56 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Raipur, Chhattisgarh, India |
| Shree Kalavati Farm Private Limited | ₹11.56 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Nashik, Maharashtra, India |
| Vijay Technical Services and Construction Pvt Ltd | ₹11.56 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | New Delhi, Delhi, India |
| A.R. Infraheights Private Limited | ₹11.55 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Meerut, Uttar Pradesh, India |
| Expat Properties India Limited this company | ₹11.55 Cr (FY 2019) | •••• | •••• | -6.0% | •••• | Bengaluru, Karnataka, India |
| Sormistha Builders & Construction Private Limited | ₹11.55 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Burdwan, West Bengal, India |
| Keva Constructions Private Limited | ₹11.55 Cr (FY 2024) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Laxmi Varad Infra Private Limited | ₹11.53 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Pachora, Maharashtra, India |
| Citrus Shelters Private Limited | ₹11.53 Cr (FY 2024) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Knewmorrow Enterprise Private Limited | ₹11.53 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Expat Properties India by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Expat Properties India Limited
Expat Properties India Limited is audited by Nagendran & Co for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Nagendran & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Expat Properties India Limited
Expat Properties India has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Diwakar Mysore Ramamurthy Also directs: Expat Leisure and Resorts Limited, Expat Chandapura LLP, Expat Agro Farm Private Limited and 5 more | Director | 25 Feb 2006 | 20 Years 7 Months | Current |
| Nenumal Bhatia Also directs: Expat Leisure and Resorts Limited, Expat Engineering India Limited, Expat Projects and Development Private Limited and 5 more | Director | 11 Mar 1997 | 29 Years 7 Months | Current |
| Santosh Balakrishna Shetty Also directs: Expat Leisure and Resorts Limited, Expat Engineering India Limited, Expat Projects and Development Private Limited and 5 more | Managing Director | 22 Jan 1997 | 29 Years 8 Months | Current |
| Sachhidanand Ramappa Kanchan Also directs: Expat Leisure and Resorts Limited, Expat Engineering India Limited, Expat Projects and Development Private Limited and 1 more | Director | 18 Apr 2007 | 19 Years 5 Months | Current |
| Christopher Leslie Remedios | Director | 03 Nov 1997 | 28 Years 11 Months | Current |
| Balakrishna Daba Shetty | Director | 05 Mar 1997 | 29 Years 7 Months | Current |
Ownership and Shareholding of Expat Properties India Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Expat Properties India Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2018 | Others | ₹6.27 Cr | Open |
| 27 Mar 2018 | Others | ₹3 Cr | Open |
| 06 Sep 2018 | Others | ₹30 Lakh | Satisfied |
| 06 Apr 2016 | Others | ₹1 Cr | Satisfied |
| 01 Feb 2015 | L&T Housing Finance Limited | ₹3 Cr | Satisfied |
Total charge records: 21 View all charges
Legal Cases of Expat Properties India Limited
Expat Properties India Limited has 27 court cases on record: 9 filed by Expat Properties India, 9 filed against it, 9 where it is another party. 5 cases are pending and 22 are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 7 | 4 |
| High courts | 5 | 2 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by L & T Finance Limited | Disposed |
| Bombay High Court | Appeal | Company is another party | Pending |
| District court, Pune, Maharashtra | Civil suit | Company is another party | Pending |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by an individual | Pending |
Full case history
All 27 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Expat Properties India Limited
Expat Properties India Limited has a workforce of 1 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Expat Properties India Limited
Expat Properties India has 7 subsidiary companies and 2 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Expat Leisure And Resorts Limited | U07010KA2003PLC032266 | Locked |
| Expat Engineering India Limited | U45201KA2007PLC044827 | Locked |
| Expat Projects (Bangalore) Private Limited | U45202KA2007PTC043868 | Locked |
| Expat Projects And Development Private Limited | U45202KA2007PTC043869 | Locked |
| Sahayadri Learning Centre Private Limited | U80901KA2015PTC081704 | Locked |
| Expat Educational Institute | U80903KA2015NPL082781 | Locked |
Showing major subsidiaries. Total: 7.
CIN History of Expat Properties India Limited
Expat Properties India has one previous CIN (Corporate Identification Number): U85110KA1997PLC021689. The current CIN is U70102KA1997PLC021689, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102KA1997PLC021689 | Current |
| U85110KA1997PLC021689 | Previous |
Recent Activity on Expat Properties India Limited
Expat Properties India Limited has 17 board changes on record since 1997: 6 appointments and 11 cessations. The latest: Arvind Javaregowda ceased to be Director on 15 Jun 2019.
50 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Expat Properties India Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Expat Properties India Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Expat Properties India Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Expat Properties India Limited
Expat Properties India has 19 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Expat Properties India Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Expat Properties India Limited
Expat Properties India is an active public limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 22 January 1997 (29+ years old) and is registered under CIN U70102KA1997PLC021689.
Expat Properties India reported revenue of ₹11.55 Cr for FY 2019 (down 6% YoY).
Expat Properties India has 6 current directors:
- Santosh Balakrishna Shetty - Managing Director
- Diwakar Mysore Ramamurthy - Director
- Nenumal Bhatia - Director
- Sachhidanand Ramappa Kanchan - Director
- Christopher Leslie Remedios - Director
- Balakrishna Daba Shetty - Director
Expat Properties India reported a net loss of ₹20.29 Lakh (net margin -1.8%) and EBITDA of ₹64.19 Lakh (EBITDA margin 5.6%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Expat Properties India is -65% over three years. In the latest year (FY 2019) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
No. Expat Properties India has 19 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Expat Properties India is U70102KA1997PLC021689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Expat Properties India has 27 court cases on record: 9 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Expat Properties India was incorporated on 22 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Expat Properties India by revenue are Kiwi Green Private Limited, Quince Green Estate Private Limited, Shree Kalavati Farm Private Limited, Vijay Technical Services and Construction Pvt Ltd, A.R. Infraheights Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Arvind Javaregowda ceased to be Director on 15 Jun 2019. Rakesh Bernard Gaekwad ceased to be Director on 15 Jun 2019. Rohit Srivastava ceased to be Director on 30 Apr 2019. Expat Properties India has 17 board changes on record in total.