About Hebbal Project Private Limited
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Hebbal Project Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Goldfinch Hotels Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2011PTC060153. Its GSTIN is 29AACCH7340D1ZQ (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Asha Prakash Shetty and Prakash Shetty Korangrapady.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.2/55/1 Outer Ring Road Opposite To Lumbini Garden Veeranna Palya Nagavara, Bengaluru, Karnataka, India – 560045.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.05 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹9.11 Lakh (net margin 50.5%) and EBITDA of -₹56,000 (EBITDA margin -3.1%). Revenue has declined at a compounded annual rate (CAGR) of 64% over three years.
As per MCA filings, the company has open charges of ₹149 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website groupmrg.com.
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- Registered AddressNo.2/55/1 Outer Ring Road Opposite To Lumbini Garden Veeranna Palya Nagavara, Bengaluru, Karnataka, India – 560045
- 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
Financials of Hebbal Project Private Limited FY 2025 filings available
Hebbal Project Private Limited reported revenue of ₹18.05 Lakh (down 96% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Hebbal Project Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 64% over three years, including a 96% fall 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 Hebbal Project Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹18.05 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹56,000 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.11 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 Hebbal Project Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 50.5% | •••• | •••• | •••• | •••• |
| 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 Hebbal Project 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.
Auditor Details of Hebbal Project Private Limited
Hebbal Project Private Limited is audited by V P Janadri & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V P Janadri & Associates | 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 Hebbal Project Private Limited
Hebbal Project has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Prakash Shetty Also directs: Gopra Realty LLP, MRG Hospitality & Infrastructure Private Limited, Chimbel Properties Private Limited and 5 more | Director | 25 Aug 2011 | 15 Years 1 Months | Current |
| Prakash Shetty Korangrapady Also directs: MRG Hospitality & Infrastructure Private Limited, Chimbel Properties Private Limited, Goldfinch Resorts Private Limited and 5 more | Director | 25 Aug 2011 | 15 Years 1 Months | Current |
Ownership and Shareholding of Hebbal Project Private 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 Hebbal Project Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Oct 2023 | Others | ₹149 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Hebbal Project Private Limited
Employment history and EPFO contributions of people linked to Hebbal Project.
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.
CIN History of Hebbal Project Private Limited
Hebbal Project has one previous CIN (Corporate Identification Number): U70200KA2011PTC060153. The current CIN is U74110KA2011PTC060153, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110KA2011PTC060153 | Current |
| U70200KA2011PTC060153 | Previous |
News related to Hebbal Project Private Limited
Recent Activity on Hebbal Project Private Limited
Hebbal Project Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Asha Prakash Shetty was appointed as Director on 25 Aug 2011.
Credit Ratings, Litigation & Regulatory Alerts for Hebbal Project Private 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 Hebbal Project Private 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 Hebbal Project Private 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 Hebbal Project Private Limited
Hebbal Project has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCH7340D1ZQ | Karnataka | Active | 22 Jul 2021 |
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 Hebbal Project Private 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 Hebbal Project Private Limited
Hebbal Project is an active private 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 25 August 2011 (15+ years old) and is registered under CIN U74110KA2011PTC060153.
Hebbal Project reported revenue of ₹18.05 Lakh for FY 2023 (down 96% YoY).
Hebbal Project has 2 current directors:
- Asha Prakash Shetty - Director
- Prakash Shetty Korangrapady - Director
Hebbal Project reported a net profit of ₹9.11 Lakh (net margin 50.5%) and EBITDA of -₹56,000 (EBITDA margin -3.1%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Hebbal Project is -64% over three years. In the latest year (FY 2023) revenue fell 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Hebbal Project is 29AACCH7340D1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Hebbal Project is U74110KA2011PTC060153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hebbal Project was incorporated on 25 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Asha Prakash Shetty was appointed as Director on 25 Aug 2011. Prakash Shetty Korangrapady was appointed as Director on 25 Aug 2011.
Hebbal Project can be reached through the website groupmrg.com. Its registered office is in Bengaluru, Karnataka, India.