About Sai Panchami Developers Private Limited
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Sai Panchami 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 12 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2010PTC055468. Its GSTIN is 29AAQCS2955P1Z9 (Karnataka).
The company has an authorised share capital of ₹8 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Harinatha Reddy and Adinarayana Venkatarayappa.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Residential House Nmb 1609 B Block 60 Feet Road Sahakarnagar, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.11 Cr. For the same year it recorded a net loss of ₹1.22 Cr (net margin -109.2%) and EBITDA of -₹93.51 Lakh (EBITDA margin -83.9%). Revenue has declined at a compounded annual rate (CAGR) of 93% over three years and 26% over five years.
As per MCA filings, the company has open charges of ₹50 Lakh on record. Court records list 36 cases involving the company, including 5 filed by the company and 31 filed against it; 16 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saipanchamidevelopers.com.
Company details
Contact details
Sai Panchami Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is saipanchamidevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressResidential House Nmb 1609 B Block 60 Feet Road Sahakarnagar, Bangalore, Karnataka, India – 560092
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sai Panchami 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 Sai Panchami 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 Sai Panchami Developers Private Limited, buy the company report.
Financials of Sai Panchami Developers Private Limited
FY 2021 filings availableSai Panchami Developers Private Limited reported revenue of ₹1.11 Cr for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 26% over five years. EBITDA fell 16% 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
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| EBITDA | -₹93.51 Lakh | ||||
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| Net Profit (PAT) | -₹1.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -83.9% | ||||
| Net Profit Margin | -109.2% | ||||
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To see the full financial statements and ratios of Sai Panchami Developers Private Limited, buy the company report.
Board of directors of Sai Panchami Developers Private Limited
Sai Panchami Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harinatha Reddy Also directs: Hotel Visthara LLP, Panchami Minerals Private Limited | Director | 12 Oct 2010 | 16 Years 0 Months | Current |
| Adinarayana Venkatarayappa | Director | 12 Oct 2010 | 16 Years 0 Months | Current |
Auditor
Sai Panchami Developers Private Limited is audited by DOLPHY RONALD CARLO & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DOLPHY RONALD CARLO & CO | FY 2019 | 013811S |
Shareholding
The shareholding of Sai Panchami Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sai Panchami Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2024 | 100999175 | Canara Bank | ₹50 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Sai Panchami Developers Private Limited has 36 court cases on record: 5 filed by Sai Panchami Developers, 31 filed against it. 16 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 25 | 12 |
| High courts | 7 | 6 | 4 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Commercial matter | Filed against the company by M/S Sai Reniit Projects Private Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Commercial matter | Filed against the company by M/S Sai Reniit Projects Private Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (AA) | Filed against the company by M/S Sai Reniit Projects Private Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against Ms Apranje Estates Ltd and 2 others | Disposed |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Sai Panchami 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 Sai Panchami Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Panchami Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS2955P1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sai Panchami Developers Private Limited, buy the company report.
Recent activity
Sai Panchami Developers Private Limited has 2 board changes on record since 2010: 2 appointments. The latest: Adinarayana Venkatarayappa was appointed as Director on 12 Oct 2010.
Frequently asked questions
Sai Panchami 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 12 October 2010 (16+ years old) and is registered under CIN U70102KA2010PTC055468.
Sai Panchami Developers has 2 current directors:
- Harinatha Reddy - Director
- Adinarayana Venkatarayappa - Director
The latest financial statements of Sai Panchami Developers on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Sai Panchami Developers is 29AAQCS2955P1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Sai Panchami Developers is U70102KA2010PTC055468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Panchami Developers has 36 court cases on record: 5 filed by the company and 31 filed against it. 16 are pending. Most are in the district courts.
Sai Panchami Developers was incorporated on 12 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Adinarayana Venkatarayappa was appointed as Director on 12 Oct 2010. Harinatha Reddy was appointed as Director on 12 Oct 2010.
Sai Panchami Developers can be reached through the website saipanchamidevelopers.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sai Panchami Developers is at Residential House Nmb 1609 B Block 60 Feet Road Sahakarnagar, Bangalore, Karnataka, India – 560092.