About Indiabuild Developers Private Limited
Data last updated:
Indiabuild Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Indiabuild Real Estates Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2015PTC080270. Its GSTIN is 29AADCI8508H1ZC (Karnataka).
The company has an authorised share capital of ₹64.72 Cr and a paid-up capital of ₹64.23 Cr. It is led by directors Santosh Kumar Soni and Deepak Chidambar Rao Betageri.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at # 6/A 2nd Floor Kabra Excelsior 7th Cross 1st Block Kormangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.38 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.48 Cr (net margin 18.9%) and EBITDA of ₹16.73 Cr (EBITDA margin 91%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 6% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹450 Cr and satisfied charges of ₹840.06 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 3 cases are 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 piramal.com.
Company details
Contact details
Indiabuild Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is piramal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address# 6/A 2nd Floor Kabra Excelsior 7th Cross 1st Block Kormangala, Bangalore, Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Indiabuild Developers 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 Indiabuild Developers 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 Indiabuild Developers Private Limited, buy the company report.
Financials of Indiabuild Developers Private Limited
FY 2024 filings availableIndiabuild Developers Private Limited reported revenue of ₹18.38 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA rose 428% 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 |
|---|---|---|---|---|---|
| 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 | ₹16.73 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.48 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91% | ||||
| Net Profit Margin | 18.9% | ||||
| 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 Indiabuild Developers Private Limited, buy the company report.
Board of directors of Indiabuild Developers Private Limited
Indiabuild Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Kumar Soni Also directs: Iustus Constructions LLP, Mythreyi Address LLP, Indiabuild Realty Private Limited and 5 more | Director | 12 May 2015 | 11 Years 5 Months | Current |
| Deepak Chidambar Rao Betageri Also directs: Indiabuild Realty Private Limited, Indus Valley Homes Private Limited, Indus Valley Properties Private Limited and 5 more | Director | 11 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Indiabuild Developers Private Limited is audited by Borkar & Muzumdaar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Borkar & Muzumdaar | FY 2023 | 101569W |
Shareholding
The shareholding of Indiabuild Developers 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 Indiabuild Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2020 | 100414434 | Idbi Trusteeship Services Limited | ₹450 Cr | Open | |
| 09 Feb 2022 | 100542409 | Others | ₹210 Cr | Satisfied | |
| 07 Oct 2021 | 100488922 | Others | ₹30 Cr | Satisfied | |
| 16 Jun 2021 | 100458111 | Others | ₹4.06 Cr | Satisfied | |
| 30 Jul 2019 | 100283614 | Others | ₹325 Cr | Satisfied |
To see the full charge records of Indiabuild Developers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Indiabuild Developers Private Limited has 5 court cases on record: 5 filed against it. 3 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 2 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by individuals | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Indiabuild Developers 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
Indiabuild Developers Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 92 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| The Hawk Secure Solutions | |||
| an individual supplier | |||
| S B Electrotech Services Private Limited | |||
| Paradigm Integrated Facility Services Private Limited | |||
| Prem Plumbings Private Limited |
To see the full MSME payment records of Indiabuild Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Indiabuild Developers has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indiabuild Realty Private Limited | U45201KA2010PTC055058 |
To see the full group structure of Indiabuild Developers Private Limited, buy the company report.
GST
Indiabuild Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI8508H1ZC | Karnataka | Active | 15 Aug 2017 |
To see the full GST registrations and return filing status of Indiabuild Developers Private Limited, buy the company report.
Recent activity
Indiabuild Developers Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Deepak Chidambar Rao Betageri ceased to be Additional Director on 27 Sep 2023.
16 earlier events are in the company report.
Frequently asked questions
Indiabuild Developers 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 12 May 2015 (11+ years old) and is registered under CIN U70100KA2015PTC080270.
Indiabuild Developers has 2 current directors:
- Santosh Kumar Soni - Director
- Deepak Chidambar Rao Betageri - Director
The latest financial statements of Indiabuild Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Indiabuild Developers is 29AADCI8508H1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Indiabuild Developers is U70100KA2015PTC080270. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiabuild Developers has 5 court cases on record: 5 filed against it. 3 are pending. Most are in the district courts.
Indiabuild Developers was incorporated on 12 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Deepak Chidambar Rao Betageri ceased to be Additional Director on 27 Sep 2023. Deepak Chidambar Rao Betageri was appointed as Director on 11 Apr 2023. Pawan Sawhney ceased to be Director on 11 Apr 2023. Indiabuild Developers has 4 board changes on record in total.
Indiabuild Developers has 13 MSME Form 1 returns on record between 2019 and 2024, listing 92 overdue payments to 24 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Indiabuild Developers can be reached through the website piramal.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Indiabuild Developers is at # 6A 2nd Floor Kabra Excelsior 7th Cross 1st Block Kormangala, Bangalore, Karnataka, India – 560034.