About Istus Property Developers Private Limited
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Istus Property Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Address Maker 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 08 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2019PTC124143.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Address Maker Property Developers Private Limited. It is led by directors Amit Garg and Pawan Sawhney.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6/A 2nd Floor Kabra Excelsior 7th Cross 1st Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.95 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹55.47 Lakh (net margin -4.3%) and EBITDA of -₹44.93 Lakh (EBITDA margin -3.5%).
As per MCA filings, the company has open charges of ₹16.5 Cr and satisfied charges of ₹20 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website addressmaker.in.
Company details
Contact details
Istus Property Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is addressmaker.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address6/A 2nd Floor Kabra Excelsior 7th Cross 1st Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Istus Property 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 Istus Property Developers 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 Istus Property Developers Private Limited, buy the company report.
Financials of Istus Property Developers Private Limited
FY 2025 filings availableIstus Property Developers Private Limited reported revenue of ₹12.95 Cr (up 9203% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹44.93 Lakh | ||||
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| Net Profit (PAT) | -₹55.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -4.3% | ||||
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To see the full financial statements and ratios of Istus Property Developers Private Limited, buy the company report.
Board of directors of Istus Property Developers Private Limited
Istus Property 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 |
|---|---|---|---|---|
| Amit Garg Also directs: Iustus Logistics Private Limited, Iustus Residency Projects Private Limited, Edhas Easeprise LLP and 2 more | Director | 06 Apr 2023 | 3 Years 6 Months | Current |
| Pawan Sawhney Also directs: KNS Shelters LLP, Iustus Constructions LLP, Iustus Logistics Private Limited and 5 more | Director | 08 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Istus Property Developers Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sunprime Infratech Private Limited | ₹12.97 Cr (FY 2024) | -12.0% | Kota, Rajasthan, India | |||
| Arjun Realtors Private Limited | ₹12.97 Cr (FY 2024) | 823.0% | Mumbai, Maharashtra, India | |||
| Istus Property Developers Private Limitedthis company | ₹12.95 Cr (FY 2024) | -₹55.47 Lakh | -4.3% | 9203.0% | Bangalore, Karnataka, India | |
| Leelawati Contracts Private Limited | ₹12.94 Cr (FY 2025) | -14.0% | New Delhi, Delhi, India |
To see the full peer comparison of Istus Property Developers Private Limited, buy the company report.
Auditor
Istus Property 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 Istus Property Developers Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Istus Property Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jul 2025 | 101126322 | Others | ₹16.5 Cr | Open | |
| 12 Aug 2021 | 100506200 | Idbi Trusteeship Services Limited | ₹20 Cr | Satisfied |
To see the full charge records of Istus Property Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Istus Property Developers 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, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Istus Property 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
Istus Property Developers Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Istus Property Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Istus Property Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Istus Property Developers Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Amit Garg ceased to be Additional Director on 27 Sep 2023.
Frequently asked questions
Istus Property 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 08 May 2019 (7+ years old) and is registered under CIN U70109KA2019PTC124143.
Istus Property Developers has 2 current directors:
- Amit Garg - Director
- Pawan Sawhney - Director
The latest financial statements of Istus Property Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Istus Property Developers is U70109KA2019PTC124143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Istus Property Developers has 1 court case on record: 1 filed against it. 1 is pending.
Istus Property Developers was incorporated on 08 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Istus Property Developers by revenue are Sunprime Infratech Private Limited, Arjun Realtors Private Limited, Leelawati Contracts Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Amit Garg ceased to be Additional Director on 27 Sep 2023. Amit Garg was appointed as Director on 06 Apr 2023. Santosh Kumar Soni ceased to be Director on 06 Apr 2023. Istus Property Developers has 4 board changes on record in total.
Istus Property Developers has 3 MSME Form 1 returns on record between 2023 and 2024, listing 3 overdue payments to 1 micro and small supplier. The latest return was filed on 24 Apr 2024.
Istus Property Developers can be reached through the website addressmaker.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Istus Property Developers is at 6A 2nd Floor Kabra Excelsior 7th Cross 1st Block Koramangala, Bangalore, Karnataka, India – 560034.
Istus Property Developers operates in the real estate and construction industry, in the real estate builders and developers segment.