Startup India Government of India
Madikeri Construction Private Limited - infrastructure and utilities in Madikeri, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2024
₹1.31 Cr
▼ 78% YoY
Net loss · FY 2024
₹10.89 Lakh
Net margin -8.3%
EBITDA · FY 2024
₹49.58 Lakh
EBITDA margin 37.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹1.98 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
50
Provident fund records
About Madikeri Construction Private Limited
Data last updated:
Madikeri Construction Private Limited is a private limited company based in Madikeri, Karnataka, India, recognised as a startup by DPIIT. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 03 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45309KA2020PTC134547. Its GSTIN is 29AANCM4592M1ZJ (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Bunts Dhananjaya Rai Jagadish Rai (Managing Director) and Sharin Venugopal Muthuvan.
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 White House Near Sudarsharn Guest House Behind Muneshwara Temple Jayanagar, Madikeri, Karnataka, India – 571201.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.31 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹10.89 Lakh (net margin -8.3%) and EBITDA of ₹49.58 Lakh (EBITDA margin 37.7%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.98 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 1 filed against it.
Madikeri Construction Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-18-0000550). For more details, the company can be reached via its website madikericonstruction.com.
Company Details of Madikeri Construction Private Limited
CIN U45309KA2020PTC134547
Registration Number 134547
Incorporation Date 03 June 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-18-0000550
Recognitions & Rankings of Madikeri Construction
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2020-21)
- Udyam number
- UDYAM-KR-18-0000550
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressWhite House Near Sudarsharn Guest House Behind Muneshwara Temple Jayanagar, Madikeri, Karnataka, India – 571201
- IndustryInfrastructure and Utilities, General Construction Services
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Business Activity of Madikeri Construction Private Limited
The main business activity of Madikeri Construction is construction. In detail, this covers roads, railways, utility projects.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Madikeri Construction Private Limited FY 2025 filings available
Madikeri Construction Private Limited reported revenue of ₹1.31 Cr (down 78% YoY) for FY 2024.
Revenue · FY 2024
₹1.31 Cr ▼ 78%
Net loss · FY 2024
₹10.89 Lakh margin -8.3%
EBITDA · FY 2024
₹49.58 Lakh margin 37.7%
Compounded Annual Growth Rate (CAGR) of Madikeri Construction Private Limited
Revenue CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 58%
EBITDA CAGR growth
1 year
▲ 266%
3 years · compounded
▼ 44%
Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 78% fall in the latest year. EBITDA rose 266% 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 of Madikeri Construction Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| 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 | ₹49.58 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.89 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 of Madikeri Construction Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 37.7% | •••• | •••• | •••• |
| Net Profit Margin | -8.3% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Madikeri Construction are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Madikeri Construction Private Limited
Madikeri Construction has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bunts Dhananjaya Rai Jagadish Rai | Managing Director | 03 Jun 2020 | 6 Years 4 Months | Current |
| Sharin Venugopal Muthuvan Also directs: Madikeri Concrete Pro LLP, Emmeness Enterprises Private Limited | Director | 03 Jun 2020 | 6 Years 4 Months | Current |
Peer Comparison of Madikeri Construction Private Limited
Madikeri Construction Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shramvi Pathways Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 246.0% | •••• | Hyderabad, Telangana, India |
| Watercad Engineering Services Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | -45.0% | •••• | Bangalore, Karnataka, India |
| Steel Strips Infrastructures Limited Listed | ₹1.32 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Derabassi, Punjab, India |
| Atulya Infracon Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Ahmedabad, Gujarat, India |
| PHSM Constructions Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | -54.0% | •••• | Kottayam, Kerala, India |
| Madikeri Construction Private Limited this company | ₹1.31 Cr (FY 2024) | •••• | •••• | -78.0% | •••• | Madikeri, Karnataka, India |
| Pandian Infra Private Limited | ₹1.31 Cr (FY 2022) | •••• | •••• | 2720.0% | •••• | Chhindwara, Madhya Pradesh, India |
| Ilp 3 India 1 Private Limited | ₹1.31 Cr (FY 2023) | •••• | •••• | 72.0% | •••• | Mumbai, Maharashtra, India |
| Sabr Infra Developers Private Limited | ₹1.31 Cr (FY 2022) | •••• | •••• | -48.0% | •••• | Nalanda, Bihar, India |
| Theism Infratech Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | 199.0% | •••• | Kolkata, West Bengal, India |
| Deccan Infrabuild Private Limited | ₹1.31 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Sangli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Madikeri Construction by revenue in the Infrastructure industry (Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Madikeri Construction Private Limited
Open charges
₹1.98 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2022 | Others | ₹30 Lakh | Open |
| 22 Mar 2021 | Canara Bank | ₹66.55 Lakh | Open |
| 23 Nov 2020 | Others | ₹13 Lakh | Open |
| 14 Jul 2020 | Canara Bank | ₹88 Lakh | Open |
Total charge records: 4 View all charges
Legal Cases of Madikeri Construction Private Limited
Madikeri Construction Private Limited has 6 court cases on record: 2 filed by Madikeri Construction, 1 filed against it, 3 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Total cases
6
Filed by the company
2
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Additional Commissioner of Central Tax | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Additional Commissioner of Central Tax | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Court case (MFA) | Company is another party | Disposed |
| District court, GADAG, Karnataka | Execution petition | Company is another party | Disposed |
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Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Madikeri Construction Private Limited
Employment history and EPFO contributions of people linked to Madikeri Construction.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Madikeri Construction Private Limited
Madikeri Construction Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Bunts Dhananjaya Rai Jagadish Rai ceased to be Director on 05 Jun 2020.
AGM
Madikeri Construction Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Madikeri Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100600914 was registered on 01 Aug 2022.
Charges
A charge with Canara Bank amounted to Rs. 0.67 Cr with Charge ID 100427454 was registered on 22 Mar 2021.
Charges
A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100388698 was registered on 23 Nov 2020.
Charges
A charge with Canara Bank amounted to Rs. 0.88 Cr with Charge ID 100357684 was registered on 14 Jul 2020.
Ceased
Bunts Dhananjaya Rai Jagadish Rai ceased to be Director.
Appointed
Bunts Dhananjaya Rai Jagadish Rai was appointed as Managing Director.
Appointed
Sharin Venugopal Muthuvan was appointed as Director.
Incorporation
03 Jun 2020
Madikeri Construction Private Limited was registered on 03 Jun 2020 with Roc Bangalore & aged 6 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Madikeri Construction Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Madikeri Construction Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Madikeri Construction Private Limited
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Corporate group structure
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GST Compliance of Madikeri Construction Private Limited
Madikeri Construction has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM4592M1ZJ | Karnataka | Active | 16 Jun 2020 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Madikeri Construction Private Limited
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MCA filings and documents
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Frequently Asked Questions about Madikeri Construction Private Limited
Madikeri Construction is an active private limited company based in Madikeri, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 03 June 2020 (6+ years old) and is registered under CIN U45309KA2020PTC134547.
Madikeri Construction reported revenue of ₹1.31 Cr for FY 2024 (down 78% YoY).
Madikeri Construction has 2 current directors:
- Bunts Dhananjaya Rai Jagadish Rai - Managing Director
- Sharin Venugopal Muthuvan - Director
Madikeri Construction reported a net loss of ₹10.89 Lakh (net margin -8.3%) and EBITDA of ₹49.58 Lakh (EBITDA margin 37.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Madikeri Construction is -58% over three years. In the latest year (FY 2024) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Madikeri Construction is 29AANCM4592M1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Madikeri Construction is U45309KA2020PTC134547. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Madikeri Construction has 6 court cases on record: 2 filed by the company and 1 filed against it. Most are in the high courts.
Madikeri Construction was incorporated on 03 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Madikeri Construction by revenue are Shramvi Pathways Private Limited, Watercad Engineering Services Private Limited, Steel Strips Infrastructures Limited, Atulya Infracon Private Limited, PHSM Constructions Private Limited and 5 more, all in the Infrastructure industry (Construction Services).
Bunts Dhananjaya Rai Jagadish Rai ceased to be Director on 05 Jun 2020. Bunts Dhananjaya Rai Jagadish Rai was appointed as Managing Director on 03 Jun 2020. Sharin Venugopal Muthuvan was appointed as Director on 03 Jun 2020.