About Idika Properties Private Limited
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Idika Properties Private Limited is a private limited company based in Hosur, Tamil Nadu, India, a subsidiary of Gmr Sez & Port Holdings Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U70101TZ2008PTC022222. Its GSTIN is 33AABCI8637B1ZV (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Idika Real Estate Private Limited. It is led by directors Jagadeeswara Rao Majji and Shivalingaiah Arjunahalli Basavarajaiah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 59 Vg Towers Near Eb Office Rayakottai Main Road, Hosur, Tamil Nadu, India – 635109.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.71 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹12.8 Lakh (net margin 76.6%) and EBITDA of ₹12.81 Lakh (EBITDA margin 76.7%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years and 267% over five years.
As per MCA filings, the company has open charges of ₹150.26 Cr and satisfied charges of ₹480.28 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gmrgroup.in.
Company details
CIN history
Idika Properties has one previous CIN (Corporate Identification Number): U70101KA2008PTC045940. The current CIN is U70101TZ2008PTC022222, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101TZ2008PTC022222 | Current |
| U70101KA2008PTC045940 | Previous |
Contact details
Idika Properties Private Limited's registered office is in Hosur, Tamil Nadu. Its website is gmrgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 59 Vg Towers Near Eb Office Rayakottai Main Road, Hosur, Tamil Nadu, India – 635109
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Idika Properties 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 Idika Properties 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 |
Financials of Idika Properties Private Limited
FY 2024 filings availableIdika Properties Private Limited reported revenue of ₹16.71 Lakh (down 82% YoY) for FY 2025.
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 267%. EBITDA fell 85% 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 | ₹12.81 Lakh | ||||
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| Net Profit (PAT) | ₹12.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76.7% | ||||
| Net Profit Margin | 76.6% | ||||
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To see the full financial statements and ratios of Idika Properties Private Limited, buy the company report.
Board of directors of Idika Properties Private Limited
Idika Properties has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagadeeswara Rao Majji Also directs: Honeyflower Estates Private Limited, Sreepa Properties Private Limited, Krishnapriya Properties Private Limited and 5 more | Director | 17 Jun 2022 | 4 Years 4 Months | Current |
| Shivalingaiah Arjunahalli Basavarajaiah Also directs: Sreepa Properties Private Limited, Krishnapriya Properties Private Limited, Prakalpa Properties Private Limited and 5 more | Additional Director | 10 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Idika Properties Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maa Kaushalya Realtors Private Limited | ₹16.73 Lakh (FY 2024) | -12.0% | Patna, Bihar, India | |||
| Sarvottam Buildwell Private Limited | ₹16.71 Lakh (FY 2024) | -10.0% | Lucknow, Uttar Pradesh, India | |||
| Idika Properties Private Limitedthis company | ₹16.71 Lakh (FY 2025) | ₹12.8 Lakh | 76.6% | -82.0% | Hosur, Tamil Nadu, India | |
| Gold Coast Villas Private Limited | ₹16.71 Lakh (FY 2024) | 17.0% | Goa, India | |||
| Vishwash Estate Management Private Limited | ₹16.7 Lakh (FY 2025) | -13.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Idika Properties Private Limited, buy the company report.
Auditor
Idika Properties Private Limited is audited by GIRISH MURTHY & KUMAR for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH MURTHY & KUMAR | FY 2023 | 000934S |
Shareholding
The shareholding of Idika Properties Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Idika Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2024 | 100926167 | Others | ₹150.26 Cr | Satisfied | |
| 03 May 2018 | 100173654 | Others | ₹300 Cr | Satisfied | |
| 11 May 2012 | 10354202 | Others | ₹30.02 Cr | Satisfied |
To see the full charge records of Idika Properties Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Idika Properties Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company | Pending |
To see the full case history of Idika Properties 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 Idika Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Idika Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCI8637B1ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Idika Properties Private Limited, buy the company report.
Recent activity
Idika Properties Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Balugari Vasanthamma Suresh Babu ceased to be Director on 11 Nov 2025.
11 earlier events are in the company report.
News
Frequently asked questions
Idika Properties is an active private limited company based in Hosur, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 April 2008 (18+ years old) and is registered under CIN U70101TZ2008PTC022222.
Idika Properties has 2 current directors:
- Jagadeeswara Rao Majji - Director
- Shivalingaiah Arjunahalli Basavarajaiah - Additional Director
The latest financial statements of Idika Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Idika Properties is 33AABCI8637B1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Idika Properties is U70101TZ2008PTC022222. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idika Properties has 1 court case on record: 1 filed against it. 1 is pending.
Idika Properties was incorporated on 04 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Idika Properties by revenue are Maa Kaushalya Realtors Private Limited, Sarvottam Buildwell Private Limited, Gold Coast Villas Private Limited, Vishwash Estate Management Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Balugari Vasanthamma Suresh Babu ceased to be Director on 11 Nov 2025. Shivalingaiah Arjunahalli Basavarajaiah was appointed as Additional Director on 10 Nov 2025. Jagadeeswara Rao Majji ceased to be Additional Director on 30 Sep 2022. Idika Properties has 11 board changes on record in total.
Idika Properties can be reached through the website gmrgroup.in. Its registered office is in Hosur, Tamil Nadu, India.
The registered office of Idika Properties is at Plot No. 59 Vg Towers Near Eb Office Rayakottai Main Road, Hosur, Tamil Nadu, India – 635109.