MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0245136
Ittina Properties Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹30.3 Cr
▲ 613% YoY
Net profit · FY 2024
₹14.01 Cr
Net margin 46.2%
EBITDA · FY 2024
₹14.6 Cr
EBITDA margin 48.2%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹13.39 Cr
Issued & subscribed
Open charges
₹68 Lakh
Satisfied ₹28.2 Cr
Company age
35 yrs
Est. 1991
Directors on board
2
As per MCA filings
About Ittina Properties Private Limited
Data last updated:
Ittina 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 19 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1991PTC012327. Its GSTIN is 29AAACI3805Q1Z6 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹13.39 Cr. It is led by directors Ittina Mahadev and Ittina Manu.
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 #380 4th Floor Ittina Centre 16th Main 3rd Block Koramangala, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.3 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹14.01 Cr (net margin 46.2%) and EBITDA of ₹14.6 Cr (EBITDA margin 48.2%). Revenue has grown at a compounded annual rate (CAGR) of 50% over three years and 22% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹68 Lakh and satisfied charges of ₹28.2 Cr on record. Court records list 330 cases involving the company, including 103 filed by the company and 227 filed against it; 71 cases are pending.
Ittina Properties Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0245136). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ittinagroup.com.
Company details
CIN U85110KA1991PTC012327
Registration Number 012327
Incorporation Date 19 September 1991
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 MSME
Udyam Registration UDYAM-KR-03-0245136
Key People
Ittina Mahadev Director Ittina Manu Director Recognitions & Rankings of Ittina Properties
Contact details
Ittina Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is ittinagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#380 4th Floor Ittina Centre 16th Main 3rd Block Koramangala, Bangalore, Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ittina Properties Private Limited, buy the company report.
Comprehensive company report
Ittina Properties 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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Business activity
The main business activity of Ittina Properties 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 Ittina Properties Private Limited, buy the company report.
Financials of Ittina Properties Private Limited
FY 2024 filings availableIttina Properties Private Limited reported revenue of ₹30.3 Cr (up 613% YoY) for FY 2024.
Revenue · FY 2024
₹30.3 Cr ▲ 613%
Net profit · FY 2024
₹14.01 Cr margin 46.2%
EBITDA · FY 2024
₹14.6 Cr margin 48.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 613%
3 years · compounded
▲ 50%
5 years · compounded
▲ 22%
EBITDA CAGR growth
3 years · compounded
▲ 44%
5 years · compounded
▲ 70%
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 613% growth 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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| EBITDA | ₹14.6 Cr | ||||
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| Net Profit (PAT) | ₹14.01 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 48.2% | ||||
| Net Profit Margin | 46.2% | ||||
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To see the full financial statements and ratios of Ittina Properties Private Limited, buy the company report.
Board of directors of Ittina Properties Private Limited
Ittina Properties has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ittina Mahadev | Director | 10 Jul 2019 | 7 Years 3 Months | Current |
| Ittina Manu | Director | 16 Dec 2005 | 20 Years 10 Months | Current |
Auditor
Ittina Properties Private Limited is audited by B N Subramanya & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B N Subramanya & Co | FY 2023 | 004142S |
Shareholding
The shareholding of Ittina Properties 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 Ittina Properties Private Limited, buy the company report.
Charges & borrowings
Open charges
₹68 Lakh
Satisfied charges
₹28.2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2022 | 100541237 | The South Indian Bank Limited | ₹68 Lakh | Open | |
| 06 Aug 2020 | 100358913 | The South Indian Bank Limited | ₹80 Lakh | Satisfied | |
| 13 Mar 2009 | 10146037 | State Bank of Hyderabad | ₹1.4 Cr | Satisfied | |
| 20 Dec 2007 | 10085212 | Punjab National Bank | ₹1 Cr | Satisfied | |
| 24 May 2007 | 10054888 | Syndicate Bank | ₹1 Cr | Satisfied |
To see the full charge records of Ittina Properties Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Ittina Properties Private Limited has 330 court cases on record: 103 filed by Ittina Properties, 227 filed against it. 71 cases are pending and 259 are disposed.
Total cases
330
Filed by the company
103
Filed against the company
227
Pending
71
Disposed
259
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 160 | 95 | 32 |
| District courts | 153 | 122 | 39 |
| Supreme Court | 17 | 10 | 0 |
Cases on record (5 of 330)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Appeal | Filed by the company against Telangana State Industrial Infrastructure Corporation Limited (Tsiic) and 1 other | Pending |
| High Court | Arbitration matter | Filed by the company against Micro Infrastructure India Private Limited and 2 others | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Micro Infrastructure India Pvt. Ltd. Rep. by Its Managing Director. and 1 other | Disposed |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed against the company by M/S. Micro Infrastructure India Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against Micro Infrastructure India Private Limited and 2 others | Disposed |
To see the full case history of Ittina 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 Ittina Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Ittina Properties has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Orchha Hotels Resorts & Residencies Private Limited | U74140KA2005PTC036024 |
To see the full group structure of Ittina Properties Private Limited, buy the company report.
Employees & EPFO
Ittina Properties Private Limited has 1 active EPFO establishment as of Mar 29, 2024.
Active EPFO establishments
1
GST
Ittina Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACI3805Q1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ittina Properties Private Limited, buy the company report.
Recent activity
Ittina Properties Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Ittina Mahadev was appointed as Director on 10 Jul 2019.
AGM
Ittina Properties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ittina Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 13 Mar 2009 via Charge ID 10146037 with State Bank Of Hyderabad was fully satisfied on 04 Mar 2022.
Charges
A charge registered on 30 Sep 2006 via Charge ID 10032185 with Icici Bank was fully satisfied on 17 Feb 2022.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.68 Cr with Charge ID 100541237 was registered on 10 Feb 2022.
Charges
A charge registered on 19 Apr 2006 via Charge ID 10003025 with Corporation Bank was fully satisfied on 29 Jan 2022.
Charges
A charge registered on 12 Jan 2005 via Charge ID 80050381 with Karnataka Bank was fully satisfied on 29 Sep 2021.
Charges
A charge registered on 20 Dec 2007 via Charge ID 10085212 with Punjab National Bank was fully satisfied on 26 Aug 2021.
Charges
A charge registered on 24 May 2007 via Charge ID 10054888 with Syndicate Bank was fully satisfied on 25 Aug 2021.
Charges
A charge registered on 16 Sep 2004 via Charge ID 90196486 with Andhra Bank was fully satisfied on 19 Aug 2021.
Charges
A charge registered on 11 Jan 2003 via Charge ID 90198231 with Uco Bank was fully satisfied on 04 Aug 2021.
Charges
A charge registered on 30 Jan 2002 via Charge ID 90196415 with Uco Bank was fully satisfied on 04 Aug 2021.
31 earlier events are in the company report.
Frequently asked questions
Ittina 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 19 September 1991 (35+ years old) and is registered under CIN U85110KA1991PTC012327.
Ittina Properties has 2 current directors:
- Ittina Mahadev - Director
- Ittina Manu - Director
The latest financial statements of Ittina Properties 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 Ittina Properties is 29AAACI3805Q1Z6, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ittina Properties is U85110KA1991PTC012327. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ittina Properties has 330 court cases on record: 103 filed by the company and 227 filed against it. 71 are pending. Most are in the high courts.
Ittina Properties was incorporated on 19 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Ittina Mahadev was appointed as Director on 10 Jul 2019. Ittina Nagalambike ceased to be Director on 10 Jul 2019. Ittina Mona ceased to be Director on 17 Apr 2010. Ittina Properties has 5 board changes on record in total.
Yes, Ittina Properties is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0245136).
Ittina Properties can be reached through the website ittinagroup.com. Its registered office is in Bangalore, Karnataka, India.