About Firsthouse Budget Homes Private Limited
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Firsthouse Budget Homes Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Vbhc Value Homes Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 September 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2012PTC066074. Its GSTIN is 29AACCF0577C1ZT (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Shivaprasad Hanchipura Mahadevaswamy and Chandrasekaran Pattabhiraman.
Its last annual general meeting (AGM) was held on 30 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 ₹1.7 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹94.6 Lakh (net margin 55.7%) and EBITDA of ₹95 Lakh (EBITDA margin 55.9%). Revenue has grown at a compounded annual rate (CAGR) of 115% over five years.
As per MCA filings, the company has satisfied charges of ₹10 Cr on record. The company has 6 deals on record (3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹96.06 Cr; the latest was in March 2020.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vbhc.com.
Company details
Contact details
Firsthouse Budget Homes Private Limited's registered office is in Bangalore, Karnataka. Its website is vbhc.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address405 & 406 West Wing 4th Floor, Raheja Towers M G Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Firsthouse Budget Homes 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
Business activity
The main business activity of Firsthouse Budget Homes is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Firsthouse Budget Homes Private Limited, buy the company report.
Financials of Firsthouse Budget Homes Private Limited
FY 2025 filings availableFirsthouse Budget Homes Private Limited reported revenue of ₹1.7 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 115% over five years, including 16% growth in the latest year. EBITDA rose 119% 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 | ₹95 Lakh | ||||
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| Net Profit (PAT) | ₹94.6 Lakh | ||||
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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 | 55.9% | ||||
| Net Profit Margin | 55.7% | ||||
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To see the full financial statements and ratios of Firsthouse Budget Homes Private Limited, buy the company report.
Board of directors of Firsthouse Budget Homes Private Limited
Firsthouse Budget Homes has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivaprasad Hanchipura Mahadevaswamy | Director | 26 Oct 2018 | 8 Years 0 Months | Current |
| Chandrasekaran Pattabhiraman | Director | 07 Mar 2024 | 2 Years 7 Months | Current |
| Bhavya Gautam | Additional Director | 28 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Firsthouse Budget Homes Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2019 | 117366W |
Shareholding
The shareholding of Firsthouse Budget Homes Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Firsthouse Budget Homes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Feb 2018 | 100160919 | Others | ₹10 Cr | Satisfied |
To see the full charge records of Firsthouse Budget Homes Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Firsthouse Budget Homes Private Limited has 6 deals on record (3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹96.06 Cr; the latest was in March 2020.
Deals on record (2 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: VBHC Value Homes Private Limited Seller: VBHC Private Limited |
| Dec 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Firsthouse Budget Homes 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
No court or tribunal cases involving Firsthouse Budget Homes Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Firsthouse Budget Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Firsthouse Budget Homes has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF0577C1ZT | Karnataka | Active | 01 Jul 2017 |
| 08AACCF0577C1ZX | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Firsthouse Budget Homes Private Limited, buy the company report.
Recent activity
Firsthouse Budget Homes Private Limited has 22 board changes on record since 2013: 4 appointments and 18 cessations. The latest: Bhavya Gautam was appointed as Additional Director on 28 Jul 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Firsthouse Budget Homes 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 28 September 2012 (14+ years old) and is registered under CIN U45205KA2012PTC066074.
Firsthouse Budget Homes has 3 current directors:
- Shivaprasad Hanchipura Mahadevaswamy - Director
- Chandrasekaran Pattabhiraman - Director
- Bhavya Gautam - Additional Director
The latest financial statements of Firsthouse Budget Homes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Firsthouse Budget Homes is 29AACCF0577C1ZT, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AACCF0577C1ZX (Rajasthan).
The CIN (Corporate Identification Number) of Firsthouse Budget Homes is U45205KA2012PTC066074. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Firsthouse Budget Homes was incorporated on 28 September 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Firsthouse Budget Homes has 6 deals on record (3 convertible or debt financings, 3 secondary share transfers), with disclosed funding of ₹96.06 Cr; the latest was in March 2020.
Bhavya Gautam was appointed as Additional Director on 28 Jul 2025. Hallibail Kalasappa Vijaya Raj ceased to be Additional Director on 28 Jul 2025. Hallibail Kalasappa Vijaya Raj was appointed as Additional Director on 22 Nov 2024. Firsthouse Budget Homes has 22 board changes on record in total.
Firsthouse Budget Homes can be reached through the website vbhc.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Firsthouse Budget Homes is at 405 & 406 West Wing 4th Floor, Raheja Towers M G Road, Bangalore, Karnataka, India – 560001.