Koramangala Properties Limited
About Koramangala Properties Limited
Data last updated:
Koramangala Properties Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 September 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1987PTC008615. Its GSTIN is 29AABCK7087M1ZT (Karnataka).
The company has an authorised share capital of ₹95 Lakh and a paid-up capital of ₹5.2 Lakh. It was formerly known as Koramangala Properties Private Limited. It is led by directors including Herga Sundar Shetty and Rajkumar Sipani.
Its last annual general meeting (AGM) was held on 20 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1/1 Raheja Arcade Koramangala, Bangalore, Karnataka, India – 560095.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.79 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.54 Cr (net margin 55%) and EBITDA of ₹1.92 Cr (EBITDA margin 68.8%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years and 28% over five years.
As per MCA filings, the company has open charges of ₹18.9 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Koramangala Properties has one previous CIN (Corporate Identification Number): U04520KA1987PTC008615. The current CIN is U85110KA1987PTC008615, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1987PTC008615 | Current |
| U04520KA1987PTC008615 | Previous |
Contact details
Koramangala Properties Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1/1 Raheja Arcade Koramangala, Bangalore, Karnataka, India – 560095
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Koramangala Properties 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 Koramangala 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 |
To see the full business activity and turnover split of Koramangala Properties Limited, buy the company report.
Financials of Koramangala Properties Limited
FY 2025 filings availableKoramangala Properties Limited reported revenue of ₹2.79 Cr (up 205% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 28% over five years, including 205% growth in the latest year. EBITDA rose 422% 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 | ₹1.92 Cr | ||||
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| Net Profit (PAT) | ₹1.54 Cr | ||||
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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 | 68.8% | ||||
| Net Profit Margin | 55% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Koramangala Properties Limited, buy the company report.
Board of directors of Koramangala Properties Limited
Koramangala Properties has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Herga Sundar Shetty | Director | 30 Jul 2021 | 5 Years 3 Months | Current |
| Rajkumar Sipani Also directs: Sipani Stonex India LLP, Sipani Fibres Limited | Director | 20 Oct 2005 | 21 Years 0 Months | Current |
| Nirmal Kumar Jaipuria Also directs: Jaipuria Silk Mills Private Limited | Director | 16 Sep 1995 | 31 Years 1 Months | Current |
Peer comparison
Koramangala Properties 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 (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 |
|---|---|---|---|---|---|---|
| M3m Lease Management Services Private Limited | ₹2.79 Cr (FY 2025) | 979.0% | Gurugram, Haryana, India | |||
| Anh Estates Private Limited | ₹2.79 Cr (FY 2025) | -15.0% | Delhi, India | |||
| Koramangala Properties Limitedthis company | ₹2.79 Cr (FY 2025) | ₹1.54 Cr | 55% | 205.0% | Bangalore, Karnataka, India | |
| Mansion Homes Infratech Private Limited | ₹2.79 Cr (FY 2016) | 150.0% | Lucknow, Uttar Pradesh, India | |||
| Spring Water Properties Private Limited | ₹2.79 Cr (FY 2024) | -49.0% | New Delhi, Delhi, India | |||
| TMKS Enterprises Private Limited | ₹2.79 Cr (FY 2025) | 2338.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Koramangala Properties Limited, buy the company report.
Auditor
Koramangala Properties Limited is audited by D.KEDIA & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D.KEDIA & ASSOCIATES | FY 2022 | 004927S |
Shareholding
The shareholding of Koramangala Properties Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Koramangala Properties Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2006 | 10018760 | The Shamrao Vithal Co-Op Bank Limited | ₹18.9 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Koramangala Properties Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Koramangala Properties 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 Koramangala Properties Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Koramangala Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCK7087M1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Koramangala Properties Limited, buy the company report.
Recent activity
Koramangala Properties Limited has 4 board changes on record since 1995: 3 appointments and 1 cessation. The latest: Herga Sundar Shetty was appointed as Director on 30 Jul 2021.
Frequently asked questions
Koramangala Properties 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 28 September 1987 (39+ years old) and is registered under CIN U85110KA1987PTC008615.
Koramangala Properties has 3 current directors:
- Herga Sundar Shetty - Director
- Rajkumar Sipani - Director
- Nirmal Kumar Jaipuria - Director
The latest financial statements of Koramangala Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Koramangala Properties is 29AABCK7087M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Koramangala Properties is U85110KA1987PTC008615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Koramangala Properties has 1 court case on record: 1 filed against it.
Koramangala Properties was incorporated on 28 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Koramangala Properties by revenue are M3m Lease Management Services Private Limited, Anh Estates Private Limited, Mansion Homes Infratech Private Limited, Spring Water Properties Private Limited, TMKS Enterprises 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).
Herga Sundar Shetty was appointed as Director on 30 Jul 2021. Aloysius David Monteiro ceased to be Director on 01 Jun 2021. Rajkumar Sipani was appointed as Director on 20 Oct 2005. Koramangala Properties has 4 board changes on record in total.
The registered office of Koramangala Properties is at 11 Raheja Arcade Koramangala, Bangalore, Karnataka, India – 560095.
Koramangala Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
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