About Carnelia Realestate Holding Private Limited
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Carnelia Realestate Holding 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 18 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2005PTC037698. Its GSTIN is 29AACCC7077L1Z4 (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Cornerstone Holdings Private Limited and Mantri Cornerstone Holding Private Limited. It is led by directors including Byappanahalli Prabhakara Reddy Kumar Babu and Mohankumar Singapura Jayanna.
Its last annual general meeting (AGM) was held on 19 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mantri House 41 Vittal Malya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.69 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹16.97 Lakh and EBITDA of -₹16.91 Lakh.
The company is associated with 1 brand: Mantri. As per MCA filings, the company has open charges of ₹800 Cr and satisfied charges of ₹250 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 1 case is pending. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in October 2011.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantri.in.
Company details
Name history
Carnelia Realestate Holding has undergone 2 name changes throughout its history. The company was previously known as Cornerstone Holdings Private Limited, and Mantri Cornerstone Holding Private Limited. The current legal name is Carnelia Realestate Holding Private Limited.
| Company Name | Status |
|---|---|
| Carnelia Realestate Holding Private Limited | Current |
| Cornerstone Holdings Private Limited | Previous |
| Mantri Cornerstone Holding Private Limited | Previous |
Contact details
Carnelia Realestate Holding Private Limited's registered office is in Bangalore, Karnataka. Its website is mantri.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMantri House 41 Vittal Malya Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Carnelia Realestate Holding 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
Business activity
The main business activity of Carnelia Realestate Holding 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 |
Financials of Carnelia Realestate Holding Private Limited
FY 2025 filings availableCarnelia Realestate Holding Private Limited reported revenue of ₹1.69 Lakh (up 174% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 174% in the latest year. EBITDA fell 235% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹16.91 Lakh | ||||
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| Net Profit (PAT) | -₹16.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Carnelia Realestate Holding Private Limited, buy the company report.
Board of directors of Carnelia Realestate Holding Private Limited
Carnelia Realestate Holding has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byappanahalli Prabhakara Reddy Kumar Babu Also directs: Cornerstone Eden Developments LLP, BPK Developments LLP, Augelite Properties LLP and 5 more | Director | 18 Nov 2005 | 20 Years 11 Months | Current |
| Mohankumar Singapura Jayanna Also directs: Kirthana Developers LLP, Vismay Realtors Private Limited, Agara Techzone Private Limited and 5 more | Director | 20 Feb 2021 | 5 Years 8 Months | Current |
| Gopinath Raj Kumar | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Carnelia Realestate Holding Private Limited is audited by K.K. Rao & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.K. Rao & Associates | FY 2023 | 010757S |
Shareholding
The shareholding of Carnelia Realestate Holding 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 Carnelia Realestate Holding Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2015 | 10598481 | Others | ₹400 Cr | Open | |
| 28 Jun 2015 | 10583764 | Others | ₹400 Cr | Open | |
| 11 Mar 2014 | 10490331 | Punjab National Bank | ₹50 Cr | Satisfied | |
| 29 Dec 2012 | 10405976 | Yes Bank Limited | ₹200 Cr | Satisfied |
To see the full charge records of Carnelia Realestate Holding Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Carnelia Realestate Holding Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in October 2011.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2011 | Secondary share transfer | Undisclosed | Buyer: Cornerstone Properties Private Limited Seller: an individual |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Propcare Developers Private Limited Seller: an individual |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: Cornerstone Properties Private Limited Seller: an individual |
| Mar 2006 | Acquisition | ₹5.11 Cr | Buyer: Propcare Developers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Carnelia Realestate Holding Private Limited has 10 court cases on record: 5 filed by Carnelia Realestate Holding, 5 filed against it. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 4 | 0 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed against the company by Cornerstone Properties Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Limited | Disposed |
| District court, BENGALURU, Karnataka | Court case (CRL.R.P.) | Filed by the company against The Authorised Officer, Yes Bank Ltd | Disposed |
To see the full case history of Carnelia Realestate Holding 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 Carnelia Realestate Holding Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Carnelia Realestate Holding has 2 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Carnelia Realestate Holding has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC7077L1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Carnelia Realestate Holding Private Limited, buy the company report.
Recent activity
Carnelia Realestate Holding Private Limited has 11 board changes on record since 2005: 7 appointments and 4 cessations. The latest: Gopinath Raj Kumar was appointed as Director on 16 Aug 2024.
11 earlier events are in the company report.
News
Frequently asked questions
Carnelia Realestate Holding 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 18 November 2005 (21+ years old) and is registered under CIN U45201KA2005PTC037698.
Carnelia Realestate Holding has 3 current directors:
- Byappanahalli Prabhakara Reddy Kumar Babu - Director
- Mohankumar Singapura Jayanna - Director
- Gopinath Raj Kumar - Director
The latest financial statements of Carnelia Realestate Holding on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 19 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Carnelia Realestate Holding is 29AACCC7077L1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Carnelia Realestate Holding is U45201KA2005PTC037698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Carnelia Realestate Holding has 10 court cases on record: 5 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Carnelia Realestate Holding was incorporated on 18 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Carnelia Realestate Holding has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in October 2011.
Gopinath Raj Kumar was appointed as Director on 16 Aug 2024. Sushil Pandurang Mantri ceased to be Director on 16 Aug 2024. Mohankumar Singapura Jayanna was appointed as Director on 20 Feb 2021. Carnelia Realestate Holding has 11 board changes on record in total.
Carnelia Realestate Holding can be reached through the website mantri.in. Its registered office is in Bangalore, Karnataka, India.
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