Obel Developers Private Limited
About Obel Developers Private Limited
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Obel Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 August 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45309KA2016PTC095815. Its GSTIN is 33AACCO3734G1ZQ (Tamil Nadu).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Reddappa Reddy Obulu and Manjula Pendrue.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A 403 Sai Sri Fortune Homes Mallapra Layout Babusapalya, Bangalore, Karnataka, India – 560043.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.01 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.79 Lakh (net margin 2.6%) and EBITDA of ₹14.37 Lakh (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years.
Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Obel Developers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA 403 Sai Sri Fortune Homes Mallapra Layout Babusapalya, Bangalore, Karnataka, India – 560043
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Obel 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
Business activity
The main business activity of Obel Developers is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Obel Developers Private Limited, buy the company report.
Financials of Obel Developers Private Limited
FY 2025 filings availableObel Developers Private Limited reported revenue of ₹3.01 Cr (up 169% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 81% over three years, including 169% growth in the latest year. EBITDA rose 95% 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 | ₹14.37 Lakh | ||||
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| Net Profit (PAT) | ₹7.79 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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| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | 2.6% | ||||
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To see the full financial statements and ratios of Obel Developers Private Limited, buy the company report.
Board of directors of Obel Developers Private Limited
Obel Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reddappa Reddy Obulu Also directs: M/S. Obel Agro Industries Private Limited | Director | 18 Aug 2016 | 10 Years 2 Months | Current |
| Manjula Pendrue Also directs: M/S. Obel Agro Industries Private Limited | Director | 18 Aug 2016 | 10 Years 2 Months | Current |
Auditor
Obel Developers Private Limited is audited by M/s. THOTA PRASAD & Co., for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/s. THOTA PRASAD & Co., | FY 2017 | 012174S |
Shareholding
The shareholding of Obel Developers Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Obel Developers Private Limited, buy the company report.
Legal cases
Obel Developers Private Limited has 2 court cases on record: 1 filed by Obel Developers, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Dhruvabera Developers Pvt Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Commissioner | Disposed |
To see the full case history of Obel 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 Obel Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Obel Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCO3734G1ZQ | Tamil Nadu | Active | 24 Nov 2020 |
To see the full GST registrations and return filing status of Obel Developers Private Limited, buy the company report.
Recent activity
Obel Developers Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Manjula Pendrue was appointed as Director on 18 Aug 2016.
Frequently asked questions
Obel Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 18 August 2016 (10+ years old) and is registered under CIN U45309KA2016PTC095815.
Obel Developers has 2 current directors:
- Reddappa Reddy Obulu - Director
- Manjula Pendrue - Director
The latest financial statements of Obel Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Obel Developers is 33AACCO3734G1ZQ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Obel Developers is U45309KA2016PTC095815. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Obel Developers has 2 court cases on record: 1 filed by the company and 1 filed against it.
Obel Developers was incorporated on 18 August 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Manjula Pendrue was appointed as Director on 18 Aug 2016. Reddappa Reddy Obulu was appointed as Director on 18 Aug 2016.
The registered office of Obel Developers is at A 403 Sai Sri Fortune Homes Mallapra Layout Babusapalya, Bangalore, Karnataka, India – 560043.
Obel Developers operates in the infrastructure and utilities industry, in the general construction services segment.