MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0037172
Hoysala Projects Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹21.58 Cr
▼ 10% YoY
Net profit · FY 2023
₹3.23 Cr
Net margin 15%
EBITDA · FY 2023
₹9.09 Cr
EBITDA margin 42.1%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹15 Cr
Issued & subscribed
Open charges
₹36.75 Cr
Satisfied ₹250.8 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
24
Provident fund records
About Hoysala Projects Private Limited
Data last updated:
Hoysala Projects 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 18 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2005PTC037000. Its GSTIN is 29AABCH6030K1ZJ (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It is led by directors Sateesh Tirumali Srirangachar (Managing Director) and Hanumanth Inamdar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No. 104 Ground Floor Infantry Technopark Infantry Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2023, the company reported a revenue of ₹21.58 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹3.23 Cr (net margin 15%) and EBITDA of ₹9.09 Cr (EBITDA margin 42.1%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 28% over five years.
The company has about 24 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Hoysala Projects. As per MCA filings, the company has open charges of ₹36.75 Cr and satisfied charges of ₹250.8 Cr on record. Court records list 252 cases involving the company, including 115 filed by the company and 137 filed against it; 81 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹14.97 Cr; the latest was in June 2009. The company has 6 MSME Form 1 returns on record between 2019 and 2022, listing 31 overdue payments to 6 micro and small suppliers.
Hoysala Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0037172). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hoysalaprojects.com.
Company details
CIN U07010KA2005PTC037000
Registration Number 037000
Incorporation Date 18 August 2005
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0037172
Recognitions & Rankings of Hoysala Projects
Contact details
Hoysala Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is hoysalaprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 104 Ground Floor Infantry Technopark Infantry Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Hoysala Projects Private Limited, buy the company report.
Comprehensive company report
Hoysala Projects Private Limited - one report that includes everything
- 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
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Brands
Hoysala Projects operates one associated brand: Hoysala Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hoysala Projects constructs luxury residential apartments in Bengaluru and Kochi. | hoysalaprojects.com |
Business activity
The main business activity of Hoysala Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Hoysala Projects Private Limited, buy the company report.
Financials of Hoysala Projects Private Limited
FY 2023 filings availableHoysala Projects Private Limited reported revenue of ₹21.58 Cr (down 10% YoY) for FY 2023.
Revenue · FY 2023
₹21.58 Cr ▼ 10%
Net profit · FY 2023
₹3.23 Cr margin 15%
EBITDA · FY 2023
₹9.09 Cr margin 42.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 38%
5 years · compounded
▼ 28%
EBITDA CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 86%
5 years · compounded
▼ 12%
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 10% fall in the latest year. EBITDA fell 23% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹9.09 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.23 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42.1% | ||||
| Net Profit Margin | 15% | ||||
| Return on Equity (ROE) | |||||
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| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hoysala Projects Private Limited, buy the company report.
Board of directors of Hoysala Projects Private Limited
Hoysala Projects has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sateesh Tirumali Srirangachar | Managing Director | 18 Aug 2005 | 21 Years 2 Months | Current |
| Hanumanth Inamdar | Whole-Time Director | 14 Aug 2013 | 13 Years 2 Months | Current |
Auditor
Hoysala Projects Private Limited is audited by Vandana Rao and Company for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vandana Rao and Company | FY 2021 | 011628S |
Shareholding
The shareholding of Hoysala Projects Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hoysala Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹36.75 Cr
Satisfied charges
₹250.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2019 | 100270516 | Others | ₹21 Cr | Open | |
| 28 Mar 2018 | 100177336 | Others | ₹2.5 Cr | Open | |
| 09 Jun 2009 | 10160885 | Axis Bank Ltd | ₹2 Cr | Open | |
| 19 Oct 2007 | 10074642 | Others | ₹11.25 Cr | Open | |
| 07 Jul 2021 | 100468640 | Others | ₹20.5 Cr | Satisfied |
To see the full charge records of Hoysala Projects Private Limited, buy the company report.
Total charge records: 26 View all charges
Deals & funding
Hoysala Projects Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹14.97 Cr; the latest was in June 2009.
Total deals
2
Funding rounds
2
Disclosed funding
₹14.97 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2009 | Funding round | ₹7 Cr | Investors: 3 individuals |
| Dec 2007 | Funding round | ₹7.97 Cr | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hoysala Projects Private Limited has 252 court cases on record: 115 filed by Hoysala Projects, 137 filed against it. 81 cases are pending and 171 are disposed.
Total cases
252
Filed by the company
115
Filed against the company
137
Pending
81
Disposed
171
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 151 | 57 | 68 |
| District courts | 98 | 79 | 13 |
| Supreme Court | 2 | 0 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 252)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Revision petition | Filed against the company by M/S Arvind Homes Pvt Ltd | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Dmi Finance Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Kerala | Court case (MSA) | Filed against the company by an individual | Pending |
| High Court of Kerala | Court case (MSA) | Filed against the company by an individual | Pending |
To see the full case history of Hoysala Projects 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
Hoysala Projects Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 31 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Festel Tanks Pvt Ltd | |||
| Brookefield Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Hoysala Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hoysala Projects has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Hoysala Automotives Private Limited | U50200KA2013PTC069677 |
To see the full group structure of Hoysala Projects Private Limited, buy the company report.
Employees & EPFO
Hoysala Projects Private Limited has a workforce of 24 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
24
Active EPFO establishments
2
Employee growth
-4%
GST
Hoysala Projects has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCH6030K1ZJ | Karnataka | Active | 01 Jul 2017 |
| 32AABCH6030K1ZW | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hoysala Projects Private Limited, buy the company report.
Recent activity
Hoysala Projects Private Limited has 9 board changes on record since 2005: 2 appointments and 7 cessations. The latest: Kavitha Venkataswamy Shanmugam ceased to be Whole-Time Director on 20 Aug 2021.
Charges
A charge registered on 23 Oct 2019 via Charge ID 100298650 with Axis Bank Limited was fully satisfied on 20 May 2024.
Charges
A charge registered on 08 Feb 2018 via Charge ID 100155250 with Others was fully satisfied on 08 Dec 2023.
Charges
A charge registered on 17 Feb 2017 via Charge ID 100095256 with Others was fully satisfied on 06 Dec 2023.
Charges
A charge registered on 31 Jan 2017 via Charge ID 100095183 with Others was fully satisfied on 05 Dec 2023.
AGM
Hoysala Projects Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Hoysala Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge registered on 27 Feb 2018 via Charge ID 100173188 with Axis Bank Limited was fully satisfied on 25 Feb 2023.
Charges
A charge registered on 30 Jun 2017 via Charge ID 100111469 with Others was fully satisfied on 07 Mar 2022.
Charges
A charge registered on 07 Jul 2021 via Charge ID 100468640 with Others was fully satisfied on 13 Jan 2022.
Ceased
Kavitha Venkataswamy Shanmugam ceased to be Whole-Time Director.
Charges
A charge with Others amounted to Rs. 20.50 Cr with Charge ID 100468640 was registered on 07 Jul 2021.
Ceased
Hanumanth Inamdar ceased to be Whole-Time Director.
54 earlier events are in the company report.
Frequently asked questions
Hoysala Projects 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 18 August 2005 (21+ years old) and is registered under CIN U07010KA2005PTC037000.
Hoysala Projects has 2 current directors:
- Sateesh Tirumali Srirangachar - Managing Director
- Hanumanth Inamdar - Whole-Time Director
The latest financial statements of Hoysala Projects on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Hoysala Projects is 29AABCH6030K1ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AABCH6030K1ZW (Kerala).
The CIN (Corporate Identification Number) of Hoysala Projects is U07010KA2005PTC037000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hoysala Projects has 252 court cases on record: 115 filed by the company and 137 filed against it. 81 are pending. Most are in the high courts.
Hoysala Projects was incorporated on 18 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Hoysala Projects has 2 deals on record (2 funding rounds), with disclosed funding of ₹14.97 Cr; the latest was in June 2009.
Kavitha Venkataswamy Shanmugam ceased to be Whole-Time Director on 20 Aug 2021. Hanumanth Inamdar ceased to be Whole-Time Director on 31 Mar 2020. Heena Thirumali Sateesh ceased to be Whole-Time Director on 31 Mar 2020. Hoysala Projects has 9 board changes on record in total.
Yes, Hoysala Projects is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0037172).
Hoysala Projects has 6 MSME Form 1 returns on record between 2019 and 2022, listing 31 overdue payments to 6 micro and small suppliers. The latest return was filed on 09 May 2022.