Ma Smart Developers Mangalore Private Limited
About Ma Smart Developers Mangalore Private Limited
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Ma Smart Developers Mangalore Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 10 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2013PTC069599.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Kodi Abdul Khader (Managing Director) and Ibrahim Kaleel.
Its last annual general meeting (AGM) was held on 26 March 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at No. F – 05 Door No. 2 – 171/18 (52) Kingdom Tower Thokkottu Permannur, Mangalore, Karnataka, India – 575017.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.22 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹73.37 Lakh (net margin -60.1%) and EBITDA of ₹4.69 Lakh (EBITDA margin 3.8%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 23% over five years.
As per MCA filings, the company has open charges of ₹30.5 Cr and satisfied charges of ₹13.5 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ma Smart Developers Mangalore Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo. F – 05 Door No. 2 – 171/18 (52) Kingdom Tower Thokkottu Permannur, Mangalore, Karnataka, India – 575017
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Ma Smart Developers Mangalore 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 Ma Smart Developers Mangalore 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 Ma Smart Developers Mangalore Private Limited, buy the company report.
Financials of Ma Smart Developers Mangalore Private Limited
FY 2022 filings availableMa Smart Developers Mangalore Private Limited reported revenue of ₹1.22 Cr (down 20% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 20% fall in the latest year. EBITDA fell 88% 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
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| EBITDA | ₹4.69 Lakh | ||||
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| Net Profit (PAT) | -₹73.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 3.8% | ||||
| Net Profit Margin | -60.1% | ||||
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To see the full financial statements and ratios of Ma Smart Developers Mangalore Private Limited, buy the company report.
Board of directors of Ma Smart Developers Mangalore Private Limited
Ma Smart Developers Mangalore has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ibrahim Kaleel | Director | 10 Jun 2013 | 13 Years 4 Months | Current |
| Kodi Abdul Khader Also directs: Bigtech Developers LLP | Managing Director | 27 Mar 2014 | 12 Years 6 Months | Current |
| Mohammed Ibrahim Mohideen | Director | 10 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Ma Smart Developers Mangalore Private Limited is compared with the 5 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), 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 |
|---|---|---|---|---|---|---|
| Akul Realtors Private Limited | ₹1.22 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Eastern Aviation & Industries Pvt Ltd | ₹1.22 Cr (FY 2025) | 578.0% | Kolkata, West Bengal, India | |||
| Green Wonder Estates Private Limited | ₹1.22 Cr (FY 2024) | -16.0% | Jaipur, Rajasthan, India | |||
| Ma Smart Developers Mangalore Private Limitedthis company | ₹1.22 Cr (FY 2022) | -₹73.37 Lakh | -60.1% | -20.0% | Mangalore, Karnataka, India | |
| Indusleaf Vintrade Private Limited | ₹1.22 Cr (FY 2024) | 1.0% | Kolkata, West Bengal, India | |||
| Konark Furniture Private Limited | ₹1.22 Cr (FY 2025) | 3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ma Smart Developers Mangalore Private Limited, buy the company report.
Shareholding
The shareholding of Ma Smart Developers Mangalore Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ma Smart Developers Mangalore Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2019 | 100261627 | Others | ₹17 Cr | Open | |
| 27 Dec 2013 | 10471342 | The South Canara District Central Co-Operative Bank Limited | ₹13.5 Cr | Open | |
| 30 Mar 2016 | 100022256 | Others | ₹13.5 Cr | Satisfied |
To see the full charge records of Ma Smart Developers Mangalore Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ma Smart Developers Mangalore 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 |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed against the company by The PR Commissioner of Income Tax | Pending |
To see the full case history of Ma Smart Developers Mangalore 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 Ma Smart Developers Mangalore 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 Ma Smart Developers Mangalore Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ma Smart Developers Mangalore Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Megharaj ceased to be Director on 15 Mar 2018.
4 earlier events are in the company report.
Frequently asked questions
Ma Smart Developers Mangalore is an active private limited company based in Mangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 10 June 2013 (13+ years old) and is registered under CIN U45205KA2013PTC069599.
Ma Smart Developers Mangalore has 3 current directors:
- Kodi Abdul Khader - Managing Director
- Ibrahim Kaleel - Director
- Mohammed Ibrahim Mohideen - Director
The latest financial statements of Ma Smart Developers Mangalore on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 26 March 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ma Smart Developers Mangalore is U45205KA2013PTC069599. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ma Smart Developers Mangalore has 1 court case on record: 1 filed against it. 1 is pending.
Ma Smart Developers Mangalore was incorporated on 10 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ma Smart Developers Mangalore by revenue are Akul Realtors Private Limited, Eastern Aviation & Industries Pvt Ltd, Green Wonder Estates Private Limited, Indusleaf Vintrade Private Limited, Konark Furniture Private Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Megharaj ceased to be Director on 15 Mar 2018. Kodi Abdul Khader ceased to be Director on 24 Jan 2018. Mohammed Ibrahim Mohideen ceased to be Managing Director on 24 Jan 2018. Ma Smart Developers Mangalore has 7 board changes on record in total.
The registered office of Ma Smart Developers Mangalore is at No. F – 05 Door No. 2 – 17118 52 Kingdom Tower Thokkottu Permannur, Mangalore, Karnataka, India – 575017.
Ma Smart Developers Mangalore operates in the financial services industry, in the real estate financing segment.
Ma Smart Developers Mangalore has open charges of ₹30.5 Cr and satisfied charges of ₹13.5 Cr as per latest MCA filings.