Mana Projects Private Limited

Mana Projects Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U45202KA2009PTC049111 Incorporated 11 February 2009 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company real estate and construction MSME · Medium
Data last updated
Revenue · FY 2024
₹122.03 Cr
▼ 17% YoY
Net profit · FY 2024
₹11 Cr
Net margin 9%
EBITDA · FY 2024
₹23.62 Cr
EBITDA margin 19.4%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹24.3 Cr
Issued & subscribed
Open charges
₹316.47 Cr
Satisfied ₹777.85 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
213
Provident fund records

About Mana Projects Private Limited

Data last updated:

Mana Projects 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 11 February 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2009PTC049111. Its GSTIN is 29AAFCM8997G1ZN (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.3 Cr. It is led by directors including Devireddy Kishore Reddy (Managing Director) and Devi Reddy Gupil.

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 Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹122.03 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹11 Cr (net margin 9%) and EBITDA of ₹23.62 Cr (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 11% over five years.

The company has about 213 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.

The company is associated with 2 brands: Mana Projects and Mana Constructions. As per MCA filings, the company has open charges of ₹316.47 Cr and satisfied charges of ₹777.85 Cr on record. Court records list 67 cases involving the company, including 20 filed by the company and 47 filed against it; 14 cases are pending. The company has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹6.29 Cr; the latest was in March 2017. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is Ramaniyam Real Estates Private Limited with revenue of ₹122.24 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2023, listing 18 overdue payments to 3 micro and small suppliers.

Mana Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0084788). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manaprojects.com.

Company details

CIN U45202KA2009PTC049111
Registration Number 049111
Incorporation Date 11 February 2009
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-03-0084788
Key People
Devireddy Kishore Reddy Managing Director Devi Reddy Gupil Director Devireddy Neeraja Director

Recognitions & Rankings of Mana Projects

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0084788

Contact details

Mana Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is manaprojects.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    manaprojects.com
  • Social Media
  • Registered Address
    Swamy Legato 3rd Floor Sy No.20/7 Kadubisanahalli Marathahalli Outer Rin, G Road, Bangalore, Karnataka, India – 560103
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Mana Projects Private Limited, buy the company report.

Comprehensive company report
Mana Projects 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

Mana Projects operates two associated brands: Mana Projects and Mana Constructions. Each brand links to its own profile.

BrandDescriptionWebsite
Mana Projects
Develops innovative technologies for sustainable and eco-friendly building solutions.manaprojects.com
Mana Constructions
Offers branding services including logo design, strategy, and visual identity.mana.co.in

Business activity

The main business activity of Mana Projects is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Mana Projects Private Limited, buy the company report.

Financials of Mana Projects Private Limited

FY 2024 filings available

Mana Projects Private Limited reported revenue of ₹122.03 Cr (down 17% YoY) for FY 2024.

Revenue · FY 2024
₹122.03 Cr ▼ 17%
Net profit · FY 2024
₹11 Cr margin 9%
EBITDA · FY 2024
₹23.62 Cr margin 19.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 11%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 3%
5 years · compounded
▲ 4%

Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 24% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹23.62 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11 Cr
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin19.4%
Net Profit Margin9%
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 Mana Projects Private Limited, buy the company report.

Board of directors of Mana Projects Private Limited

Mana Projects has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Devi Reddy Gupil
Also directs: Digistart LLP
Director05 Apr 20233 Years 7 MonthsCurrent
Devireddy Kishore Reddy
Also directs: Mana Promoters LLP, Digistart LLP, Mana Constructions LLP and 5 more
Managing Director11 Feb 200917 Years 9 MonthsCurrent
Devireddy Neeraja
Also directs: Mana Promoters LLP, Mana Constructions LLP, Macasa Builders Private Limited and 1 more
Director11 Feb 200917 Years 9 MonthsCurrent
View all directors

Peer comparison

Mana Projects Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ramaniyam Real Estates Private Limited₹122.24 Cr (FY 2025)-43.0%Chennai, Tamil Nadu, India
Mana Projects Private Limitedthis company₹122.03 Cr (FY 2024)₹11 Cr9%-17.0%213Bangalore, Karnataka, India
Euphoria Sports City Private Limited₹121.84 Cr (FY 2025)0.0%Delhi, India
Divyansh Realtors Private Limited₹121.74 Cr (FY 2025)45.0%Delhi, India
Tandt Realtech Private Limited₹121.54 Cr (FY 2024)100.0%Noida, Uttar Pradesh, India

To see the full peer comparison of Mana Projects Private Limited, buy the company report.

Shareholding

The shareholding of Mana Projects 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Mana Projects Private Limited, buy the company report.

Charges & borrowings

Open charges
₹316.47 Cr
Satisfied charges
₹777.85 Cr
Breakdown by lending institutions
State Bank of India₹206.50 Cr
Idbi Trusteeship Services Limited₹100.00 Cr
Axis Bank Limited₹4.81 Cr
Hdfc Bank Limited₹3.56 Cr
Others₹1.60 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Nov 2025101192345Others₹1.6 CrOpen
08 Oct 2025101167805Axis Bank Limited₹36.37 LakhOpen
19 Mar 2025101073496Idbi Trusteeship Services Limited₹20 CrOpen
08 Mar 2025101069028Idbi Trusteeship Services Limited₹25 CrOpen
07 Feb 2025101052267State Bank of India₹9.75 CrOpen

To see the full charge records of Mana Projects Private Limited, buy the company report.

Total charge records: 39 View all charges

Deals & funding

Mana Projects Private Limited has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹6.29 Cr; the latest was in March 2017.

Total deals
3
Funding rounds
2
Rights issue
1
Disclosed funding
₹6.29 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Mar 2017Rights issue₹3 CrInvestors: an individual
Mar 2011Funding round₹5.8 CrInvestors: 2 individuals
Jun 2009Funding round₹49 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Mana Projects Private Limited was last rated by Care on 03 Dec 2025.

Rating agencyRated onRating
Care03 Dec 2025

To see the full credit ratings and regulatory alerts of Mana Projects Private Limited, buy the company report.

MSME payment delays

Mana Projects Private Limited has 7 MSME Form 1 returns on record between 2019 and 2023, listing 18 overdue payments to 3 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 (3 of 3)

SupplierAmount dueDue sinceReported on
an individual supplier
Psi Stones Private Limited
an individual supplier

To see the full MSME payment records of Mana Projects Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Mana Projects has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

2
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Macasa Builders Private LimitedU45201KA2022PTC159756
Mana Estates Private LimitedU45209KA2021PTC153108

To see the full group structure of Mana Projects Private Limited, buy the company report.

Employees & EPFO

Mana Projects Private Limited has a workforce of 213 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
213
Active EPFO establishments
1
Employee growth
67.7%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27213
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17
FY 2013-14
FY 2012-13
FY 2011-12
FY 2010-11

To see the full employee and EPFO history of Mana Projects Private Limited, buy the company report.

GST

Mana Projects has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AAFCM8997G1ZNKarnatakaActive01 Jul 2017
36AAFCM8997G1ZSTelanganaActive05 Jan 2022

To see the full GST registrations and return filing status of Mana Projects Private Limited, buy the company report.

Recent activity

Mana Projects Private Limited has 5 board changes on record since 2009: 3 appointments and 2 cessations. The latest: Devi Reddy Gupil ceased to be Additional Director on 29 Sep 2023.

Charges
A charge with Others amounted to Rs. 1.60 Cr with Charge ID 101192345 was registered on 04 Nov 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.36 Cr with Charge ID 101167805 was registered on 08 Oct 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 20.00 Cr registered on 19 Mar 2025 with Charge ID 101073496 was modified on 21 May 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 25.00 Cr registered on 08 Mar 2025 with Charge ID 101069028 was modified on 21 May 2025.
Charges
A charge registered on 19 Sep 2024 via Charge ID 101012062 with Others was fully satisfied on 22 Apr 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 20.00 Cr with Charge ID 101073496 was registered on 19 Mar 2025.
Charges
A charge with State Bank Of India of Rs. 189.75 Cr registered on 20 May 2024 with Charge ID 100942316 was modified on 14 Mar 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 25.00 Cr with Charge ID 101069028 was registered on 08 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 9.75 Cr with Charge ID 101052267 was registered on 07 Feb 2025.
Charges
A charge registered on 31 May 2023 via Charge ID 100749443 with Others was fully satisfied on 08 Nov 2024.
AGM
Mana Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 73.00 Cr with Charge ID 101012062 was registered on 19 Sep 2024.

73 earlier events are in the company report.

News

Frequently asked questions

Mana Projects 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 11 February 2009 (17+ years old) and is registered under CIN U45202KA2009PTC049111.

Mana Projects has 3 current directors:

The latest financial statements of Mana Projects 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 Mana Projects is 29AAFCM8997G1ZN, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAFCM8997G1ZS (Telangana).

The CIN (Corporate Identification Number) of Mana Projects is U45202KA2009PTC049111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mana Projects has 67 court cases on record: 20 filed by the company and 47 filed against it. 14 are pending. Most are in the district courts.

Mana Projects was incorporated on 11 February 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.

Mana Projects has 3 deals on record (2 funding rounds, 1 rights issue), with disclosed funding of ₹6.29 Cr; the latest was in March 2017.

The peers of Mana Projects by revenue are Ramaniyam Real Estates Private Limited, Euphoria Sports City Private Limited, Divyansh Realtors Private Limited, Tandt Realtech Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Devi Reddy Gupil ceased to be Additional Director on 29 Sep 2023. Devi Reddy Gupil was appointed as Director on 05 Apr 2023. Devireddy Kishore Reddy ceased to be Director on 23 May 2016. Mana Projects has 5 board changes on record in total.

Yes, Mana Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0084788).

Mana Projects has 7 MSME Form 1 returns on record between 2019 and 2023, listing 18 overdue payments to 3 micro and small suppliers. The latest return was filed on 15 Dec 2023.