About Merusri Real Estate Developers Private Limited
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Merusri Real Estate Developers 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 08 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2014PTC075252. Its GSTIN is 29AAJCM2769E1Z5 (Karnataka).
The company has an authorised share capital of ₹3.1 Cr and a paid-up capital of ₹3.1 Cr. It is led by directors including Venkateswara Reddy Madduri (Managing Director) and Vinay Jain.
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 Trinity Square II Nd Floor 547/16 'A' Block Sahakara Nagar, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.25 Lakh. For the same year it recorded a net profit of ₹39,212 (net margin 17.5%) and EBITDA of ₹1.28 Lakh (EBITDA margin 57%). Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 65% over five years.
The company is associated with 1 brand: Merusri. As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website merusridevelopers.com.
Company details
Contact details
Merusri Real Estate Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is merusridevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTrinity Square II Nd Floor 547/16 'A' Block Sahakara Nagar, Bangalore, Karnataka, India – 560092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Merusri Real Estate Developers 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
Brands
Merusri Real Estate Developers operates one associated brand: Merusri. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers real estate development and sales of residential plots and villas in India. | merusridevelopers.com |
Business activity
The main business activity of Merusri Real Estate Developers 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 Merusri Real Estate Developers Private Limited, buy the company report.
Financials of Merusri Real Estate Developers Private Limited
FY 2024 filings availableMerusri Real Estate Developers Private Limited reported revenue of ₹2.25 Lakh for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years. 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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| EBITDA | ₹1.28 Lakh | ||||
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| Net Profit (PAT) | ₹39,212 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 57% | ||||
| Net Profit Margin | 17.5% | ||||
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To see the full financial statements and ratios of Merusri Real Estate Developers Private Limited, buy the company report.
Board of directors of Merusri Real Estate Developers Private Limited
Merusri Real Estate Developers has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Reddy Madduri Also directs: Merusri Sunscape LLP, Merusri Towers Private Limited, Merusri Sienna Developers Private Limited and 3 more | Managing Director | 08 Jul 2014 | 12 Years 3 Months | Current |
| Vinay Jain | Director | 03 Nov 2014 | 11 Years 11 Months | Current |
| Ramamani Venkateswarulu Makam | Director | 08 Jul 2014 | 12 Years 3 Months | Current |
| Namit Sureka | Director | 03 Nov 2014 | 11 Years 11 Months | Current |
| Abishek Trivedi | Director | 03 Nov 2014 | 11 Years 11 Months | Current |
Auditor
Merusri Real Estate Developers Private Limited is audited by PRATHIK AND CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRATHIK AND CO | FY 2020 | 012245S |
Shareholding
The shareholding of Merusri Real Estate Developers Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Merusri Real Estate Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2019 | 100279888 | Others | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Merusri Real Estate Developers Private Limited has 1 court case on record: 1 filed by Merusri Real Estate Developers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Ms Nikhil Vedhase Habitats Pvt Ltd and 1 other | Disposed |
To see the full case history of Merusri Real Estate Developers 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 Merusri Real Estate Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Merusri Real Estate Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM2769E1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Merusri Real Estate Developers Private Limited, buy the company report.
Recent activity
Merusri Real Estate Developers Private Limited has 9 board changes on record since 2014: 5 appointments and 4 cessations. The latest: Abishek Trivedi ceased to be Additional Director on 30 Sep 2015.
1 earlier event is in the company report.
Frequently asked questions
Merusri Real Estate Developers 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 08 July 2014 (12+ years old) and is registered under CIN U70102KA2014PTC075252.
Merusri Real Estate Developers has 5 current directors:
- Venkateswara Reddy Madduri - Managing Director
- Vinay Jain - Director
- Ramamani Venkateswarulu Makam - Director
- Namit Sureka - Director
- Abishek Trivedi - Director
The latest financial statements of Merusri Real Estate Developers 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 Merusri Real Estate Developers is 29AAJCM2769E1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Merusri Real Estate Developers is U70102KA2014PTC075252. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Merusri Real Estate Developers has 1 court case on record: 1 filed by the company.
Merusri Real Estate Developers was incorporated on 08 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Abishek Trivedi ceased to be Additional Director on 30 Sep 2015. Namit Sureka ceased to be Additional Director on 30 Sep 2015. Vinay Jain ceased to be Additional Director on 30 Sep 2015. Merusri Real Estate Developers has 9 board changes on record in total.
Merusri Real Estate Developers can be reached through the website merusridevelopers.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Merusri Real Estate Developers is at Trinity Square II Nd Floor 54716 A Block Sahakara Nagar, Bangalore, Karnataka, India – 560092.