- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0137481

About Ishtika Homes Private Limited
Data last updated:
Ishtika Homes Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2017PTC106290. Its GSTIN is 29AAECI6251L1Z6 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.21 Lakh. It is led by directors including Gowni Chiranjeevireddy and Gouda Chiranjivi Vidya.
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 #937 21st Main Road J.P Nagar, Bengaluru, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.65 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹98,697 (net margin 0.1%) and EBITDA of ₹5.32 Lakh (EBITDA margin 0.4%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 105% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹7.75 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 3 cases are pending.
Ishtika Homes Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0137481). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ishtikahomes.com.
Company details
Recognitions & Rankings of Ishtika Homes
Contact details
Ishtika Homes Private Limited's registered office is in Bengaluru, Karnataka. Its website is ishtikahomes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#937 21st Main Road J.P Nagar, Bengaluru, Karnataka, India – 560078
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ishtika Homes 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 Ishtika Homes is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Ishtika Homes Private Limited, buy the company report.
Financials of Ishtika Homes Private Limited
FY 2024 filings availableIshtika Homes Private Limited reported revenue of ₹12.65 Cr (up 47% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 105% over five years, including 47% growth in the latest year. EBITDA fell 95% 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 | ₹5.32 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹98,697 | ||||
| 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 | 0.4% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Ishtika Homes Private Limited, buy the company report.
Board of directors of Ishtika Homes Private Limited
Ishtika Homes has 14 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowni Chiranjeevireddy Also directs: Ishtika SRM Vibranium LLP, Ishtika Vibranium Developers LLP, Ishtika Nivasa Developers LLP and 3 more | Director | 11 Sep 2017 | 9 Years 1 Months | Current |
| Gouda Chiranjivi Vidya | Director | 11 Sep 2017 | 9 Years 1 Months | Current |
| Jakkana Gari Bhaskar Reddy Also directs: Ishtika Infra Developers LLP | Director | 25 Jun 2020 | 6 Years 4 Months | Current |
| Jakleti Reddy Jagan Mohan | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
| Sai Nath Kodi Ganti | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
| Niranjan Paltur Math | Director | 27 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Ishtika Homes Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purandar Promoters & Developers Private Limited. | ₹12.68 Cr (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Atur India Private Limited | ₹12.65 Cr (FY 2025) | -54.0% | Mumbai, Maharashtra, India | |||
| Ishtika Homes Private Limitedthis company | ₹12.65 Cr (FY 2024) | ₹98,697 | 0.1% | 47.0% | Bengaluru, Karnataka, India | |
| Durahome Builders and Developers Private Limited | ₹12.65 Cr (FY 2025) | -51.0% | Mumbai, Maharashtra, India | |||
| BNN Constructions Private Limited | ₹12.64 Cr (FY 2019) | -25.0% | Bangalore, Karnataka, India | |||
| Shridhara Infratech Private Limited | ₹12.63 Cr (FY 2025) | -82.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ishtika Homes Private Limited, buy the company report.
Auditor
Ishtika Homes Private Limited is audited by SHRISHAILAMALLIKARJUN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHRISHAILAMALLIKARJUN & CO | FY 2023 | 013032S |
Shareholding
The shareholding of Ishtika Homes 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 Ishtika Homes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2025 | 101136739 | Others | ₹30 Cr | Open | |
| 04 Jan 2023 | 100666814 | Others | ₹5 Cr | Satisfied | |
| 29 Apr 2022 | 100587684 | Others | ₹2.75 Cr | Satisfied |
To see the full charge records of Ishtika Homes Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ishtika Homes Private Limited has 8 court cases on record: 2 filed by Ishtika Homes, 6 filed against it. 3 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
| High courts | 4 | 4 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Court case (CRL.P) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court of Karnataka | Revision petition | Filed against the company | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by an individual | Disposed |
To see the full case history of Ishtika Homes 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 Ishtika Homes Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ishtika Homes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECI6251L1Z6 | Karnataka | Active | 20 Jul 2018 |
To see the full GST registrations and return filing status of Ishtika Homes Private Limited, buy the company report.
Recent activity
Ishtika Homes Private Limited has 14 board changes on record since 2017: 14 appointments. The latest: Benchi Nallapa Reddy was appointed as Director on 01 Jan 2024.
12 earlier events are in the company report.
Frequently asked questions
Ishtika Homes 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 11 September 2017 (9+ years old) and is registered under CIN U70109KA2017PTC106290.
Ishtika Homes has 14 current directors:
- Gowni Chiranjeevireddy - Director
- Gouda Chiranjivi Vidya - Director
- Jakkana Gari Bhaskar Reddy - Director
- Jakleti Reddy Jagan Mohan - Director
- Sai Nath Kodi Ganti - Director
- Niranjan Paltur Math - Director
- Nasanakotakrishnachari Brahma - Director
- Raghavendra Kodamanchali - Director
- Benchi Nallapa Reddy - Director
- Jagadeeswar Reddy Indukuri - Director
- Talapuru Prathap Reddy - Director
- Sumati L Nadagouda - Director
- Vidyadhar Chellapilla - Director
- Vanka Reddy Vijaya Kumar - Director
The latest financial statements of Ishtika Homes 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 FY 2018 are in the company report.
The GSTIN of Ishtika Homes is 29AAECI6251L1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Ishtika Homes is U70109KA2017PTC106290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishtika Homes has 8 court cases on record: 2 filed by the company and 6 filed against it. 3 are pending. Most are in the district courts.
Ishtika Homes was incorporated on 11 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ishtika Homes by revenue are Purandar Promoters & Developers Private Limited, Atur India Private Limited, Durahome Builders and Developers Private Limited, BNN Constructions Private Limited, Shridhara Infratech Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Benchi Nallapa Reddy was appointed as Director on 01 Jan 2024. Jagadeeswar Reddy Indukuri was appointed as Director on 01 Jan 2024. Raghavendra Kodamanchali was appointed as Director on 01 Jan 2024. Ishtika Homes has 14 board changes on record in total.
Yes, Ishtika Homes is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0137481).
Ishtika Homes can be reached through the website ishtikahomes.com. Its registered office is in Bengaluru, Karnataka, India.