India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,174 C Gopalan & family ₹2,100 Cr
Indira Apartments Private Limited
Indira Apartments Private Limited - real estate and construction in Karnataka, India. FY 2026 financials & compliance.
Active Private Limited Company real estate and construction
Revenue · FY 2024
₹60.08 Lakh
▲ 211% YoY
Net profit · FY 2024
₹59.37 Lakh
Net margin 98.8%
EBITDA · FY 2024
₹59.37 Lakh
EBITDA margin 98.8%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹396.8 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Directors on board
3
As per MCA filings
About Indira Apartments Private Limited
Data last updated:
Indira Apartments Private Limited is a private limited company based in Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 January 1996 and has been in existence for over 30 years.
Its director C Gopalan and family are #1,174 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA1996PTC019531.
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Cheriyadth Gopalan (Managing Director) and Cheriyadth Pramod.
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 5 Richmond Road Bangalore 560025. Bangalore 560025., Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹59.37 Lakh (net margin 98.8%) and EBITDA of ₹59.37 Lakh (EBITDA margin 98.8%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years.
As per MCA filings, the company has open charges of ₹396.8 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70102KA1996PTC019531
Registration Number 019531
Incorporation Date 03 January 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
Key People
Cheriyadth Gopalan Managing Director Cheriyadth Pramod Director Cheriyadth Prabhakar Director Recognitions & Rankings of Indira Apartments
Contact details
Indira Apartments Private Limited's registered office is in Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 Richmond Road Bangalore 560025. Bangalore 560025., Karnataka, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Indira Apartments Private Limited, buy the company report.
Comprehensive company report
Indira Apartments 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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Financials of Indira Apartments Private Limited
FY 2024 filings availableIndira Apartments Private Limited reported revenue of ₹60.08 Lakh (up 211% YoY) for FY 2024.
Revenue · FY 2024
₹60.08 Lakh ▲ 211%
Net profit · FY 2024
₹59.37 Lakh margin 98.8%
EBITDA · FY 2024
₹59.37 Lakh margin 98.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 211%
3 years · compounded
▲ 66%
EBITDA CAGR growth
1 year
▲ 322%
3 years · compounded
▲ 68%
5 years · compounded
▲ 32%
Revenue has grown at a compounded annual rate (CAGR) of 66% over three years, including 211% growth in the latest year. EBITDA rose 322% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹59.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.37 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.8% | ||||
| Net Profit Margin | 98.8% | ||||
| 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 Indira Apartments Private Limited, buy the company report.
Board of directors of Indira Apartments Private Limited
Indira Apartments has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cheriyadth Gopalan | Managing Director | 03 Jan 2002 | 24 Years 10 Months | Current |
| Cheriyadth Pramod | Director | 03 Jan 2002 | 24 Years 10 Months | Current |
| Cheriyadth Prabhakar | Director | 03 Jan 2002 | 24 Years 10 Months | Current |
Peer comparison
Indira Apartments Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sree Vinayaka Navanick Infra Private Limited | ₹60.11 Lakh (FY 2020) | 31787.0% | Bangalore, Karnataka, India | |||
| Keshav Hirise Private Limited | ₹60.1 Lakh (FY 2025) | 644.0% | Kolkata, West Bengal, India | |||
| Chaitra Projects Limited | ₹60.1 Lakh (FY 2024) | -72.0% | Mumbai, Maharashtra, India | |||
| A M Estates Private Limited | ₹60.1 Lakh (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Recreation Vinimay Private Limited | ₹60.08 Lakh (FY 2022) | 2271.0% | Kolkata, West Bengal, India | |||
| Indira Apartments Private Limitedthis company | ₹60.08 Lakh (FY 2024) | ₹59.37 Lakh | 98.8% | 211.0% | Karnataka, India | |
| Mandori Realty Private Limited | ₹60.08 Lakh (FY 2025) | -8.0% | Bhopal, Madhya Pradesh, India | |||
| Charishma Builders Private Limited | ₹60.08 Lakh (FY 2024) | 211.0% | Bangalore, Karnataka, India | |||
| Mylaar Developers Private Limited | ₹60.07 Lakh (FY 2025) | -11.0% | Arsikere, Karnataka, India | |||
| Stepsstone Infras Private Limited | ₹60.07 Lakh (FY 2024) | 18.0% | Chennai, Tamil Nadu, India | |||
| Procon Financial and Investment Pvt Ltd | ₹60.04 Lakh (FY 2025) | -11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Indira Apartments Private Limited, buy the company report.
Auditor
Indira Apartments Private Limited is audited by GNANOBA & BHAT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GNANOBA & BHAT | FY 2023 | 000939S |
Shareholding
The shareholding of Indira Apartments 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 Indira Apartments Private Limited, buy the company report.
Charges & borrowings
Open charges
₹396.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101040163 | Indian Overseas Bank | ₹396.8 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Indira Apartments Private Limited has 2 court cases on record: 1 filed by Indira Apartments, 1 filed against it. All cases are disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
To see the full case history of Indira Apartments 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 Indira Apartments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indira Apartments Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indira Apartments Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Cheriyadth Gopalan was appointed as Managing Director on 03 Jan 2002.
Charges
A charge with Indian Overseas Bank amounted to Rs. 39,680.00 Lakh with Charge ID 101040163 was registered on 12 Dec 2024.
AGM
Indira Apartments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Indira Apartments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Cheriyadth Gopalan was appointed as Managing Director.
Appointed
Cheriyadth Prabhakar was appointed as Director.
Appointed
Cheriyadth Pramod was appointed as Director.
Incorporation
03 Jan 1996
Indira Apartments Private Limited was registered on 03 Jan 1996 with Roc Bangalore & aged 30 years 10 months as per MCA records.
Frequently asked questions
Indira Apartments is an active private limited company based in Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 January 1996 (30+ years old) and is registered under CIN U70102KA1996PTC019531.
Indira Apartments has 3 current directors:
- Cheriyadth Gopalan - Managing Director
- Cheriyadth Pramod - Director
- Cheriyadth Prabhakar - Director
The latest financial statements of Indira Apartments 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.
The CIN (Corporate Identification Number) of Indira Apartments is U70102KA1996PTC019531. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indira Apartments has 2 court cases on record: 1 filed by the company and 1 filed against it.
Indira Apartments was incorporated on 03 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Indira Apartments by revenue are Sree Vinayaka Navanick Infra Private Limited, Keshav Hirise Private Limited, Chaitra Projects Limited, A M Estates Private Limited, Recreation Vinimay Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Cheriyadth Gopalan was appointed as Managing Director on 03 Jan 2002. Cheriyadth Prabhakar was appointed as Director on 03 Jan 2002. Cheriyadth Pramod was appointed as Director on 03 Jan 2002.
The registered office of Indira Apartments is at 5 Richmond Road Bangalore 560025. Bangalore 560025., Karnataka, India.
Indira Apartments operates in the real estate and construction industry, in the real estate builders and developers segment.
Indira Apartments has open charges of ₹396.8 Cr and no satisfied charges on record as per latest MCA filings.
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