MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0054194
Mahendra Homes Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹153.62 Cr
▼ 2% YoY
Net profit · FY 2024
₹31.47 Cr
Net margin 20.5%
EBITDA · FY 2024
₹45.46 Cr
EBITDA margin 29.6%
Authorised capital
₹30 Cr
Registered with MCA
Paid-up capital
₹24.59 Cr
Issued & subscribed
Open charges
₹393.78 Cr
Satisfied ₹164.87 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
145
Provident fund records
About Mahendra Homes Private Limited
Data last updated:
Mahendra Homes 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 07 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2011PTC060295. Its GSTIN is 29AAHCM5688C1Z3 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹24.59 Cr. It is led by directors including Bommasandra Thimma Reddy Nagaraj Reddy (Managing Director) and Shanthamma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.51 17th Cross 12th Main Hsr 6th Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹153.62 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹31.47 Cr (net margin 20.5%) and EBITDA of ₹45.46 Cr (EBITDA margin 29.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 25% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mahendra Homes. As per MCA filings, the company has open charges of ₹393.78 Cr and satisfied charges of ₹164.87 Cr on record. Court records list 17 cases involving the company, including 6 filed by the company and 11 filed against it; 12 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.24 Cr; the latest was in March 2018. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 2 smaller; the largest is Sarla Infrastructure Private Limited with revenue of ₹154.22 Cr. The company has 19 MSME Form 1 returns on record between 2019 and 2024, listing 1,035 overdue payments to 34 micro and small suppliers.
Mahendra Homes Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0054194). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mahendrahomes.com.
Company details
CIN U70102KA2011PTC060295
Registration Number 060295
Incorporation Date 07 September 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0054194
Key People
Bommasandra Thimma Reddy Nagaraj Reddy Managing Director Shanthamma Director Nikitha Nagaraj Director Recognitions & Rankings of Mahendra Homes
Contact details
Mahendra Homes Private Limited's registered office is in Bangalore, Karnataka. Its website is mahendrahomes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.51 17th Cross 12th Main Hsr 6th Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mahendra Homes Private Limited, buy the company report.
Comprehensive company report
Mahendra Homes Private Limited - one report that includes everything
- 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
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Brands
Mahendra Homes operates one associated brand: Mahendra Homes. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate developer building apartments and retail spaces in Bangalore. | mahendrahomes.com |
Business activity
The main business activity of Mahendra Homes 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 Mahendra Homes Private Limited, buy the company report.
Financials of Mahendra Homes Private Limited
FY 2024 filings availableMahendra Homes Private Limited reported revenue of ₹153.62 Cr (down 2% YoY) for FY 2024.
Revenue · FY 2024
₹153.62 Cr ▼ 2%
Net profit · FY 2024
₹31.47 Cr margin 20.5%
EBITDA · FY 2024
₹45.46 Cr margin 29.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 12%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 23%
5 years · compounded
▲ 22%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 23% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹45.46 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.47 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.6% | ||||
| Net Profit Margin | 20.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Mahendra Homes Private Limited, buy the company report.
Board of directors of Mahendra Homes Private Limited
Mahendra Homes has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanthamma Also directs: Mahendra 5Ivepillars LLP, Mahendra Housing Development Limited Liability Partnership, Mahendra Sierra LLP and 4 more | Director | 11 Nov 2011 | 14 Years 11 Months | Current |
| Nikitha Nagaraj | Director | 25 Jul 2014 | 12 Years 3 Months | Current |
| Bommasandra Thimma Reddy Nagaraj Reddy Also directs: Mahendra 5Ivepillars LLP, Mahendra Housing Development Limited Liability Partnership, Mahendra Sierra LLP and 5 more | Managing Director | 07 Sep 2011 | 15 Years 1 Months | Current |
| Chaithra Bommasandra Nagaraj Reddy | Director | 04 Dec 2017 | 8 Years 10 Months | Current |
Peer comparison
Mahendra Homes 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 (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 |
|---|---|---|---|---|---|---|
| Sarla Infrastructure Private Limited | ₹154.22 Cr (FY 2025) | 6.0% | Bangalore, Karnataka, India | |||
| Mahendra Homes Private Limitedthis company | ₹153.62 Cr (FY 2024) | ₹31.47 Cr | 20.5% | -2.0% | 145 | Bangalore, Karnataka, India |
| Shapoorji Pallonji Real Estate Private Limited | ₹153.02 Cr (FY 2024) | 57.0% | Mumbai, Maharashtra, India | |||
| Swagat Infrastructure Private Limited | ₹152.56 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Mahendra Homes Private Limited, buy the company report.
Auditor
Mahendra Homes Private Limited is audited by Nagendran and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nagendran and Co | FY 2023 | 006681S |
Shareholding
The shareholding of Mahendra Homes Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahendra Homes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹393.78 Cr
Satisfied charges
₹164.87 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2025 | 101163392 | Karnataka Bank Ltd. | ₹155 Cr | Open | |
| 04 Jun 2025 | 101106792 | Karnataka Bank Ltd. | ₹40,000 | Open | |
| 06 Mar 2025 | 101070949 | Hdfc Bank Limited | ₹1.38 Cr | Open | |
| 20 Dec 2024 | 101026935 | Others | ₹5.96 Cr | Open | |
| 31 Aug 2024 | 100980608 | Karnataka Bank Ltd. | ₹60 Cr | Open |
To see the full charge records of Mahendra Homes Private Limited, buy the company report.
Total charge records: 25 View all charges
Deals & funding
Mahendra Homes Private Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.24 Cr; the latest was in March 2018.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹13.24 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Funding round | ₹4.48 Cr | Investors: an individual |
| Mar 2016 | Funding round | ₹2.01 Cr | Investors: an individual |
| Mar 2013 | Funding round | ₹6.75 Cr | Investors: an individual |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahendra Homes Private Limited has 17 court cases on record: 6 filed by Mahendra Homes, 11 filed against it. 12 cases are pending and 5 are disposed.
Total cases
17
Filed by the company
6
Filed against the company
11
Pending
12
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 11 | 11 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Welcome Foods Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Mahendra Homes 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
Mahendra Homes Private Limited has 19 MSME Form 1 returns on record between 2019 and 2024, listing 1,035 overdue payments to 34 micro and small suppliers. 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 (5 of 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mahendra Homes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mahendra Homes Private Limited has a workforce of 145 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
145
Active EPFO establishments
1
Employee growth
-24.48%
GST
Mahendra Homes has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM5688C1Z3 | Karnataka | Active | 01 Jul 2017 |
| 29AAHCM5688C2Z2 | Karnataka | Active | 08 Jul 2024 |
To see the full GST registrations and return filing status of Mahendra Homes Private Limited, buy the company report.
Recent activity
Mahendra Homes Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Bommasandra Thimma Reddy Nagaraj Reddy ceased to be Director on 16 Jul 2021.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 155.00 Cr with Charge ID 101163392 was registered on 10 Sep 2025.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 0.00 Cr with Charge ID 101106792 was registered on 04 Jun 2025.
Charges
A charge registered on 30 Sep 2022 via Charge ID 100624760 with Karnataka Bank Ltd. was fully satisfied on 23 May 2025.
Charges
A charge with Karnataka Bank Ltd. of Rs. 60.00 Cr registered on 17 May 2022 with Charge ID 100579152 was modified on 19 May 2025.
Charges
A charge registered on 10 Oct 2018 via Charge ID 100213156 with Karnataka Bank Ltd. was fully satisfied on 08 Apr 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.38 Cr with Charge ID 101070949 was registered on 06 Mar 2025.
Charges
A charge with Others of Rs. 5.96 Cr registered on 20 Dec 2024 with Charge ID 101026935 was modified on 22 Jan 2025.
Charges
A charge with Others amounted to Rs. 5.96 Cr with Charge ID 101026935 was registered on 20 Dec 2024.
AGM
Mahendra Homes Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 60.00 Cr with Charge ID 100980608 was registered on 31 Aug 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100907722 was registered on 23 Apr 2024.
Charges
A charge registered on 02 Mar 2023 via Charge ID 100688182 with Others was fully satisfied on 12 Apr 2024.
38 earlier events are in the company report.
Frequently asked questions
Mahendra Homes 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 07 September 2011 (15+ years old) and is registered under CIN U70102KA2011PTC060295.
Mahendra Homes has 4 current directors:
- Bommasandra Thimma Reddy Nagaraj Reddy - Managing Director
- Shanthamma - Director
- Nikitha Nagaraj - Director
- Chaithra Bommasandra Nagaraj Reddy - Director
The latest financial statements of Mahendra Homes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahendra Homes is 29AAHCM5688C1Z3, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCM5688C2Z2 (Karnataka).
The CIN (Corporate Identification Number) of Mahendra Homes is U70102KA2011PTC060295. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahendra Homes has 17 court cases on record: 6 filed by the company and 11 filed against it. 12 are pending. Most are in the district courts.
Mahendra Homes was incorporated on 07 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Mahendra Homes has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.24 Cr; the latest was in March 2018.
The peers of Mahendra Homes by revenue are Sarla Infrastructure Private Limited, Shapoorji Pallonji Real Estate Private Limited, Swagat Infrastructure 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).
Bommasandra Thimma Reddy Nagaraj Reddy ceased to be Director on 16 Jul 2021. Chaithra Bommasandra Nagaraj Reddy was appointed as Director on 04 Dec 2017. Nikitha Nagaraj was appointed as Director on 25 Jul 2014. Mahendra Homes has 6 board changes on record in total.
Yes, Mahendra Homes is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0054194).
Mahendra Homes has 19 MSME Form 1 returns on record between 2019 and 2024, listing 1,035 overdue payments to 34 micro and small suppliers. The latest return was filed on 04 Jul 2024.