Mandara Ventures Limited
About Mandara Ventures Limited
Data last updated:
Mandara Ventures Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 06 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2007PLC043542. Its GSTIN is 29AAFCM6207K1Z7 (Karnataka).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr. It was formerly known as Mandara Capital Limited and Mandara Global Limited. It is led by directors including Jagalur Siddaveeranna Shivakumar and Arjun Balasubramanyam.
Its last annual general meeting (AGM) was held on 24 March 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.42 2nd Stage 3rd Cross Industrial Suburb Yeshwanthpur, Bangalore, Karnataka, India – 560022.
Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹64.99 Cr; the latest was in May 2025.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.42 2nd Stage 3rd Cross Industrial Suburb Yeshwanthpur, Bangalore, Karnataka, India – 560022
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- 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
- One PDF report, delivered after checkout
Financials of Mandara Ventures Limited FY 2024 filings available
Financial Statement Summary of Mandara Ventures Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| 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 Mandara Ventures Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Mandara Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Mandara Ventures Limited
Mandara Ventures Limited is audited by B V K & ASSOCIATES for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B V K & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Mandara Ventures Limited
Mandara Ventures Limited currently reports 4 directors and 1 key managerial person. 6 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jagalur Siddaveeranna Shivakumar | Director | 23 Oct 2017 | 8 Years 11 Months | Current |
| Arjun Balasubramanyam | Director | 06 Aug 2007 | 19 Years 2 Months | Current |
| Balasubramanyam Nagesh | Director Appointed In Casual Vacancy | 02 Apr 2008 | 18 Years 6 Months | Current |
| Gangapura Ananthapadmanabha Anoop | Director | 30 Mar 2010 | 16 Years 6 Months | Current |
| Anita Balasubramaniam Also directs: Casuba Infra LLP, Ashford SCDC Hospitality LLP | Cfo | 15 Jul 2021 | 5 Years 2 Months | Current |
Ownership and Shareholding of Mandara Ventures Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mandara Ventures Limited
Mandara Ventures Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Mandara Ventures Limited
Mandara Ventures Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹64.99 Cr; the latest was in May 2025.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2025 | Debt financing | ₹50 Cr | Investors: UTI Multi Opportunities Fund I |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Subramanya Construction and Development Company Limited. |
| Mar 2017 | Funding round | ₹14.9 Cr | Investors: 2 individuals |
| Feb 2008 | Funding round | ₹9 Lakh | Investors: Subramanya Construction and Development Company Limited. , Subramanya Construction & Development Company Limited & K. N. Balasubramanyam, Subramanya Construction & Development Company Limited & Anitha Balasubramanyam |
Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Mandara Ventures Limited
Mandara Ventures Limited has 1 court case on record: 1 filed by Mandara Ventures. All case is pending. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Income Tax Officer | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Mandara Ventures Limited
Employment history and EPFO contributions of people linked to Mandara Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Mandara Ventures Limited
Mandara Ventures has undergone 7 name changes throughout its history. The current legal name is Mandara Ventures Limited.
| Company Name | Status |
|---|---|
| Mandara Ventures Limited | Current |
| Mandara Capital Limited | Previous |
| Mandara Global Limited | Previous |
| Mandara Airways Private Limited | Previous |
| Subramanya Xander Infrastructure And Development Company Private Limited | Previous |
| Mandara International Limited | Previous |
| Mandara Airways Limited | Previous |
CIN History of Mandara Ventures Limited
Mandara Ventures has one previous CIN (Corporate Identification Number): U70102KA2007PTC043542. The current CIN is U70102KA2007PLC043542, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102KA2007PLC043542 | Current |
| U70102KA2007PTC043542 | Previous |
Recent Activity on Mandara Ventures Limited
Mandara Ventures Limited has 10 board changes on record since 2007: 5 appointments and 5 cessations. The latest: Balasubramanyam ceased to be Ceo(Kmp) on 01 Sep 2021.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mandara Ventures Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Mandara Ventures Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mandara Ventures Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Mandara Ventures Limited
Mandara Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM6207K1Z7 | Karnataka | Active | 13 Oct 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mandara Ventures Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Mandara Ventures Limited
Mandara Ventures is an active public limited company based in Bangalore, Karnataka, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 August 2007 (19+ years old) and is registered under CIN U70102KA2007PLC043542.
Mandara Ventures has 5 current directors and KMP:
- Jagalur Siddaveeranna Shivakumar - Director
- Arjun Balasubramanyam - Director
- Balasubramanyam Nagesh - Director Appointed In Casual Vacancy
- Gangapura Ananthapadmanabha Anoop - Director
- Anita Balasubramaniam - Cfo
The GSTIN of Mandara Ventures is 29AAFCM6207K1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Mandara Ventures is U70102KA2007PLC043542. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandara Ventures has 1 court case on record: 1 filed by the company. 1 is pending.
Mandara Ventures was incorporated on 06 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Mandara Ventures has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 debt financing), with disclosed funding of ₹64.99 Cr; the latest was in May 2025.
Balasubramanyam ceased to be Ceo(Kmp) on 01 Sep 2021. Priyanka Choubey ceased to be Company Secretary on 16 Aug 2021. Anita Balasubramaniam was appointed as CFO on 15 Jul 2021. Mandara Ventures has 10 board changes on record in total.
The registered office of Mandara Ventures is at No.42 2nd Stage 3rd Cross Industrial Suburb Yeshwanthpur, Bangalore, Karnataka, India – 560022.
Mandara Ventures has an authorised share capital of ₹15 Cr and a paid-up capital of ₹15 Cr.