About G K Shelters Private Limited
Data last updated:
G K Shelters Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 May 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2007PTC042724. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It was formerly known as G K Shalters Private Limited. It is led by directors Krishnamana Narasimhulu Naidu (Managing Director) and Krishnamanarasimhalu Goutham Naidu.
Its last annual general meeting (AGM) was held on 29 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 27 – 44/140 4th Floor 9th Main Road 3rd Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.06 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹56.22 Lakh (net margin -11.1%) and EBITDA of -₹54.37 Lakh (EBITDA margin -10.7%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹103.07 Cr and satisfied charges of ₹15.29 Cr on record. Court records list 49 cases involving the company, including 18 filed by the company and 31 filed against it; 12 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website gkshelters.com.
Company details
Contact details
G K Shelters Private Limited's registered office is in Bangalore, Karnataka. Its website is gkshelters.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo. 27 – 44/140 4th Floor 9th Main Road 3rd Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of G K Shelters 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 G K Shelters is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of G K Shelters Private Limited, buy the company report.
Financials of G K Shelters Private Limited
FY 2024 filings availableG K Shelters Private Limited reported revenue of ₹5.06 Cr (down 82% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 82% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 27%. EBITDA rose 48% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹54.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56.22 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.7% | ||||
| Net Profit Margin | -11.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of G K Shelters Private Limited, buy the company report.
Board of directors of G K Shelters Private Limited
G K Shelters has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnamanarasimhalu Goutham Naidu | Director | 02 Nov 2016 | 9 Years 11 Months | Current |
| Krishnamana Narasimhulu Naidu | Managing Director | 07 May 2007 | 19 Years 5 Months | Current |
Peer comparison
G K Shelters Private 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zexocone Realty Private Limited | ₹5.07 Cr (FY 2025) | Kolkata, West Bengal, India | ||||
| Elysium Properties India Private Limited | ₹5.06 Cr (FY 2025) | -7.0% | Coimbatore, Tamil Nadu, India | |||
| G K Shelters Private Limitedthis company | ₹5.06 Cr (FY 2024) | -₹56.22 Lakh | -11.1% | -82.0% | Bangalore, Karnataka, India | |
| Pearl India Buildhome Private Limited | ₹5.05 Cr (FY 2025) | -31.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of G K Shelters Private Limited, buy the company report.
Shareholding
The shareholding of G K Shelters Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of G K Shelters Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2015 | 10548913 | The Karnataka Bank Limited | ₹48 Cr | Open | |
| 07 Nov 2014 | 10534227 | Karnataka Bank Ltd. | ₹1.86 Cr | Open | |
| 11 Jul 2013 | 10441945 | Karnataka Bank Ltd. | ₹60 Lakh | Open | |
| 20 Oct 2012 | 10382703 | The Karnataka Bank Limited | ₹1.06 Cr | Open | |
| 03 Sep 2012 | 10378410 | Karnataka Bank Limited | ₹1.89 Cr | Open |
To see the full charge records of G K Shelters Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
G K Shelters Private Limited has 49 court cases on record: 18 filed by G K Shelters, 31 filed against it. 12 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 23 | 9 |
| High courts | 13 | 8 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 49)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed against the company by Schindler India Private Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against M/S Atco Developers Pvt. Ltd., and 1 other | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.Misc.) | Filed by the company against M/S M S Metals and Steels Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by M/S M S Metals and Steels Private Limited | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against G. K. Lakeview Owners&Rsquo Welfare Association | Pending |
To see the full case history of G K Shelters 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 G K Shelters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
G K Shelters has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of G K Shelters Private Limited, buy the company report.
Recent activity
G K Shelters Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Krishnamanarasimhalu Goutham Naidu ceased to be Additional Director on 30 Sep 2017.
11 earlier events are in the company report.
Frequently asked questions
G K Shelters 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 07 May 2007 (19+ years old) and is registered under CIN U45201KA2007PTC042724.
G K Shelters has 2 current directors:
- Krishnamana Narasimhulu Naidu - Managing Director
- Krishnamanarasimhalu Goutham Naidu - Director
The latest financial statements of G K Shelters on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 November 2024. Year-wise statements from 2015 are in the company report.
No. G K Shelters has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of G K Shelters is U45201KA2007PTC042724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G K Shelters has 49 court cases on record: 18 filed by the company and 31 filed against it. 12 are pending. Most are in the district courts.
G K Shelters was incorporated on 07 May 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of G K Shelters by revenue are Zexocone Realty Private Limited, Elysium Properties India Private Limited, Pearl India Buildhome Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Krishnamanarasimhalu Goutham Naidu ceased to be Additional Director on 30 Sep 2017. Krishnamanarasimhalu Goutham Naidu was appointed as Director on 02 Nov 2016. Sudha Kurapati ceased to be Director on 07 Jul 2016. G K Shelters has 5 board changes on record in total.
G K Shelters can be reached through the website gkshelters.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of G K Shelters is at No. 27 – 44140 4th Floor 9th Main Road 3rd Block Jayanagar, Bangalore, Karnataka, India – 560011.