About Mahaghar Properties Private Limited
Data last updated:
Mahaghar Properties Private 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 29 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2009PTC050278. Its GSTIN is 29AAGCM0951M1Z3 (Karnataka).
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹1.33 Cr. It is led by directors Purushotham Kamasani Narasimhareddy and Kamasani Kanyakumari.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No 95 1st Floor 4th Cross Hulimavu Main Road Opp: Food World Regional Office, Bangalore, Karnataka, India – 560076.
As per the financials filed for FY 2017, the company reported a revenue of ₹5.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹23.9 Lakh (net margin 4.3%) and EBITDA of ₹1.37 Cr (EBITDA margin 24.9%).
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹2.5 Cr on record. Court records list 21 cases involving the company, including 1 filed by the company and 20 filed against it; 9 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website mahaghar.co.in.
Company details
Contact details
Mahaghar Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is mahaghar.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo 95 1st Floor 4th Cross Hulimavu Main Road Opp: Food World Regional Office, Bangalore, Karnataka, India – 560076
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mahaghar Properties 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 Mahaghar Properties is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Mahaghar Properties Private Limited, buy the company report.
Financials of Mahaghar Properties Private Limited
FY 2017 filings availableMahaghar Properties Private Limited reported revenue of ₹5.49 Cr (up 187% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 187% in the latest year. EBITDA rose 94% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹5.49 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.37 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹23.9 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 24.9% | ||
| Net Profit Margin | 4.3% | ||
| 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 | |||
To see the full financial statements and ratios of Mahaghar Properties Private Limited, buy the company report.
Board of directors of Mahaghar Properties Private Limited
Mahaghar Properties has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Purushotham Kamasani Narasimhareddy | Director | 29 Jun 2009 | 17 Years 4 Months | Current |
| Kamasani Kanyakumari | Director | 29 Jun 2009 | 17 Years 4 Months | Current |
Auditor
Mahaghar Properties Private Limited is audited by E R S KUMAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E R S KUMAR & ASSOCIATES | FY 2017 | 006797S |
Shareholding
The shareholding of Mahaghar Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mahaghar Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jun 2015 | 10578100 | The Karnataka Bank Limited | ₹8 Cr | Open | |
| 31 Oct 2012 | 10388179 | The Karnataka Bank Limited | ₹2.5 Cr | Satisfied |
To see the full charge records of Mahaghar Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Mahaghar Properties Private Limited has 21 court cases on record: 1 filed by Mahaghar Properties, 20 filed against it. 9 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 8 |
| High courts | 7 | 6 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Revision petition | Filed against the company by Karnataka Bank Ltd., and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against The Karnataka Bank Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal miscellaneous application | Filed against the company by Karnataka Bank Limited | Disposed |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Mahaghar Properties 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 Mahaghar Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahaghar Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCM0951M1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahaghar Properties Private Limited, buy the company report.
Recent activity
Mahaghar Properties Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Kamasani Kanyakumari was appointed as Director on 29 Jun 2009.
Frequently asked questions
Mahaghar 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 29 June 2009 (17+ years old) and is registered under CIN U70102KA2009PTC050278.
Mahaghar Properties has 2 current directors:
- Purushotham Kamasani Narasimhareddy - Director
- Kamasani Kanyakumari - Director
The latest financial statements of Mahaghar Properties on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahaghar Properties is 29AAGCM0951M1Z3, registered in Karnataka.
The CIN (Corporate Identification Number) of Mahaghar Properties is U70102KA2009PTC050278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahaghar Properties has 21 court cases on record: 1 filed by the company and 20 filed against it. 9 are pending. Most are in the district courts.
Mahaghar Properties was incorporated on 29 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
Kamasani Kanyakumari was appointed as Director on 29 Jun 2009. Purushotham Kamasani Narasimhareddy was appointed as Director on 29 Jun 2009.
Mahaghar Properties can be reached through the website mahaghar.co.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Mahaghar Properties is at No 95 1st Floor 4th Cross Hulimavu Main Road Opp: Food World Regional Office, Bangalore, Karnataka, India – 560076.