MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0185957
Sai Reniit Projects Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹13.05 Cr
▼ 3% YoY
Net profit · FY 2023
₹80.44 Lakh
Net margin 6.2%
EBITDA · FY 2023
₹1.39 Cr
EBITDA margin 10.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹22.1 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Sai Reniit Projects Private Limited
Data last updated:
Sai Reniit Projects Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 22 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2013PTC072016. Its GSTIN is 29AAECD8717C1ZN (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Dhio Build Tech Properties Private Limited. It is led by directors Kenchappa Munikrishnappa (Managing Director) and Manjula.
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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹13.05 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹80.44 Lakh (net margin 6.2%) and EBITDA of ₹1.39 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
The company is associated with 1 brand: Sai Reniit. As per MCA filings, the company has open charges of ₹22.1 Lakh on record. Court records list 27 cases involving the company, including 17 filed by the company and 10 filed against it; 7 cases are pending.
Sai Reniit Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0185957). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saireniit.co.in.
Company details
CIN U70100KA2013PTC072016
Registration Number 072016
Incorporation Date 22 November 2013
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 Small
Udyam Registration UDYAM-KR-03-0185957
Recognitions & Rankings of Sai Reniit Projects
Contact details
Sai Reniit Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is saireniit.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 1391/16/1 4th Floor 19th Main 17th Cross 4th Sector Opp. Gnana Shrishti School, Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Sai Reniit Projects Private Limited, buy the company report.
Comprehensive company report
Sai Reniit Projects 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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Brands
Sai Reniit Projects operates one associated brand: Sai Reniit. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate company developing and selling villas, plots, and properties in Bangalore. | saireniit.co.in |
Business activity
The main business activity of Sai Reniit Projects 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 Sai Reniit Projects Private Limited, buy the company report.
Financials of Sai Reniit Projects Private Limited
FY 2024 filings availableSai Reniit Projects Private Limited reported revenue of ₹13.05 Cr (down 3% YoY) for FY 2023.
Revenue · FY 2023
₹13.05 Cr ▼ 3%
Net profit · FY 2023
₹80.44 Lakh margin 6.2%
EBITDA · FY 2023
₹1.39 Cr margin 10.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 10%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 77%
3 years · compounded
▲ 44%
5 years · compounded
▲ 29%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 77% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹13.05 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.39 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.44 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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To see the full financial statements and ratios of Sai Reniit Projects Private Limited, buy the company report.
Board of directors of Sai Reniit Projects Private Limited
Sai Reniit Projects has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjula | Director | 22 Nov 2013 | 12 Years 11 Months | Current |
| Kenchappa Munikrishnappa | Managing Director | 22 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Sai Reniit Projects Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hebron Properties Private Limited | ₹13.07 Cr (FY 2024) | -46.0% | Bangalore, Karnataka, India | |||
| Sis Asset Management Limited | ₹13.07 Cr (FY 2025) | 26.0% | Patna, Bihar, India | |||
| Indip Industrial Parks (Vizag) Private Limited | ₹13.06 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India | |||
| Sai Reniit Projects Private Limitedthis company | ₹13.05 Cr (FY 2023) | ₹80.44 Lakh | 6.2% | -3.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sai Reniit Projects Private Limited, buy the company report.
Auditor
Sai Reniit Projects Private Limited is audited by R.NATARAJAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.NATARAJAN & CO | FY 2023 | 009973S |
Shareholding
The shareholding of Sai Reniit Projects 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sai Reniit Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.1 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2025 | 101081336 | Others | ₹22.1 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Sai Reniit Projects Private Limited has 27 court cases on record: 17 filed by Sai Reniit Projects, 10 filed against it. 7 cases are pending and 20 are disposed.
Total cases
27
Filed by the company
17
Filed against the company
10
Pending
7
Disposed
20
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 24 | 10 | 5 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Commercial matter | Filed by the company against M/S Sai Panchami Developers Private Limited , Rep by Its Directors. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Commercial matter | Filed by the company against M/S Sai Panchami Developers Private Limited , Rep by Its Directors. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (AA) | Filed by the company against M/S Sai Panchami Developers Private Limited , Rep by Its Directors. | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
To see the full case history of Sai Reniit Projects 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 Reniit Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sai Reniit Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECD8717C1ZN | Karnataka | Active | 11 Dec 2024 |
To see the full GST registrations and return filing status of Sai Reniit Projects Private Limited, buy the company report.
Recent activity
Sai Reniit Projects Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Kenchappa Munikrishnappa was appointed as Managing Director on 22 Nov 2013.
Charges
A charge with Others amounted to Rs. 22.10 Lakh with Charge ID 101081336 was registered on 25 Mar 2025.
AGM
Sai Reniit Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Sai Reniit Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Appointed
Kenchappa Munikrishnappa was appointed as Managing Director.
Appointed
Manjula was appointed as Director.
Incorporation
22 Nov 2013
Sai Reniit Projects Private Limited was registered on 22 Nov 2013 with Roc Bangalore & aged 12 years 11 months as per MCA records.
Frequently asked questions
Sai Reniit Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 22 November 2013 (13+ years old) and is registered under CIN U70100KA2013PTC072016.
Sai Reniit Projects has 2 current directors:
- Kenchappa Munikrishnappa - Managing Director
- Manjula - Director
The latest financial statements of Sai Reniit Projects 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 Sai Reniit Projects is 29AAECD8717C1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Sai Reniit Projects is U70100KA2013PTC072016. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sai Reniit Projects has 27 court cases on record: 17 filed by the company and 10 filed against it. 7 are pending. Most are in the district courts.
Sai Reniit Projects was incorporated on 22 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sai Reniit Projects by revenue are Hebron Properties Private Limited, Sis Asset Management Limited, Indip Industrial Parks (Vizag) Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Kenchappa Munikrishnappa was appointed as Managing Director on 22 Nov 2013. Manjula was appointed as Director on 22 Nov 2013.
Yes, Sai Reniit Projects is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0185957).
Sai Reniit Projects can be reached through the website saireniit.co.in. Its registered office is in Bangalore, Karnataka, India.