About Garuda Builders Private Limited
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Garuda Builders 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 11 August 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA1995PTC018512. The company has 2 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 ₹1.5 Cr. It is led by directors including Medini Uday and Mahesh Shrinivasrao Deshpande.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.78/1 New K.R.Road Basavanagudi Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹261.27 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹28.33 Cr (net margin 10.8%) and EBITDA of ₹55.19 Cr (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 18% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹246.31 Cr and satisfied charges of ₹2.68 Cr on record. Court records list 29 cases involving the company, including 28 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website garudamall.net.
Company details
Contact details
Garuda Builders Private Limited's registered office is in Bangalore, Karnataka. Its website is garudamall.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.78/1 New K.R.Road Basavanagudi Bangalore, Karnataka, India – 560004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Garuda Builders 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 Garuda Builders 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 Garuda Builders Private Limited, buy the company report.
Financials of Garuda Builders Private Limited
FY 2024 filings availableGaruda Builders Private Limited reported revenue of ₹261.27 Cr (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 56% growth in the latest year. EBITDA rose 29% 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 | ₹55.19 Cr | ||||
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| Net Profit (PAT) | ₹28.33 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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| Profitability | |||||
| EBITDA Margin | 21.1% | ||||
| Net Profit Margin | 10.8% | ||||
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To see the full financial statements and ratios of Garuda Builders Private Limited, buy the company report.
Board of directors of Garuda Builders Private Limited
Garuda Builders has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Medini Uday | Director | 11 Aug 1995 | 31 Years 2 Months | Current |
| Mahesh Shrinivasrao Deshpande | Director | 31 Jul 1998 | 28 Years 2 Months | Current |
| Uday Garudachar Bindiganavale | Director | 01 Jun 2013 | 13 Years 4 Months | Current |
Auditor
Garuda Builders Private Limited is audited by A BALA MURALI KRISHNA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A BALA MURALI KRISHNA | FY 2022 | 029110 |
Shareholding
The shareholding of Garuda Builders Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garuda Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2022 | 100605822 | Others | ₹228.76 Cr | Open | |
| 07 Jan 2020 | 100320398 | Others | ₹3.45 Cr | Open | |
| 27 Aug 2000 | 90197806 | The Karnataka Bank Ltd. | ₹4.5 Cr | Open | |
| 21 Aug 2000 | 90196378 | The Karnataka Bank Ltd | ₹4.5 Cr | Open | |
| 21 Aug 2000 | 90197803 | The Karnataka Bank Ltd. | ₹4.5 Cr | Open |
To see the full charge records of Garuda Builders Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Garuda Builders Private Limited has 29 court cases on record: 28 filed by Garuda Builders, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 1 | 0 |
Cases on record (4 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Sammaan Capital Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Trident Controls Pvt. Ltd., and Others and 2 others | Disposed |
| District court, Central, Delhi | Criminal case | Filed by the company against Trident Controls Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Trident Controls Pvt Ltd and 1 other | Disposed |
To see the full case history of Garuda Builders 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 Garuda Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Garuda Builders has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Maverick Holdings & Investments Private Limited | U65993KA1991PTC036542 |
To see the full group structure of Garuda Builders Private Limited, buy the company report.
GST
Garuda Builders has 2 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 Garuda Builders Private Limited, buy the company report.
Recent activity
Garuda Builders Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Sumalatha Amarnath ceased to be Director on 19 Apr 2019.
7 earlier events are in the company report.
Frequently asked questions
Garuda Builders 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 11 August 1995 (31+ years old) and is registered under CIN U45201KA1995PTC018512.
Garuda Builders has 3 current directors:
- Medini Uday - Director
- Mahesh Shrinivasrao Deshpande - Director
- Uday Garudachar Bindiganavale - Director
The latest financial statements of Garuda Builders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
No. Garuda Builders has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Garuda Builders is U45201KA1995PTC018512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garuda Builders has 29 court cases on record: 28 filed by the company and 1 filed against it.
Garuda Builders was incorporated on 11 August 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
Sumalatha Amarnath ceased to be Director on 19 Apr 2019. Jagannath Yathiraj ceased to be Director on 13 Mar 2015. Uday Garudachar Bindiganavale ceased to be Additional Director on 30 Sep 2013. Garuda Builders has 6 board changes on record in total.
Garuda Builders can be reached through the website garudamall.net. Its registered office is in Bangalore, Karnataka, India.
The registered office of Garuda Builders is at No.781 New K.R.Road Basavanagudi Bangalore, Karnataka, India – 560004.
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