MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0036353
Shakthi Developers Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹78.24 Lakh
▼ 49% YoY
Net profit · FY 2025
₹23.59 Lakh
Net margin 30.1%
EBITDA · FY 2025
₹34.94 Lakh
EBITDA margin 44.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹20.03 Cr
Secured borrowings
Company age
23 yrs
Est. 2003
Directors on board
3
As per MCA filings
About Shakthi Developers Private Limited
Data last updated:
Shakthi Developers 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 08 January 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2003PTC031450. Its GSTIN is 29AAKCS4019A1ZJ (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Neelasandra Srikanth Sadashivaiah Shylaja (Managing Director) and Suresh Palekar Narayana.
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 No.96 8th Cross Wilson Garden Bangalore., Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.24 Lakh, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹23.59 Lakh (net margin 30.1%) and EBITDA of ₹34.94 Lakh (EBITDA margin 44.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹20.03 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
Shakthi Developers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0036353). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shaktishakti.org.
Company details
CIN U07010KA2003PTC031450
Registration Number 031450
Incorporation Date 08 January 2003
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0036353
Key People
Neelasandra Srikanth Sadashivaiah Shylaja Managing Director Suresh Palekar Narayana Director Vaidya Srikantappa Srikant Sadashivaiah Director Recognitions & Rankings of Shakthi Developers
Contact details
Shakthi Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is shaktishakti.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.96 8th Cross Wilson Garden Bangalore., Karnataka, India – 560027
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Shakthi Developers Private Limited, buy the company report.
Comprehensive company report
Shakthi Developers 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 Shakthi Developers 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 Shakthi Developers Private Limited, buy the company report.
Financials of Shakthi Developers Private Limited
FY 2025 filings availableShakthi Developers Private Limited reported revenue of ₹78.24 Lakh (down 49% YoY) for FY 2025.
Revenue · FY 2025
₹78.24 Lakh ▼ 49%
Net profit · FY 2025
₹23.59 Lakh margin 30.1%
EBITDA · FY 2025
₹34.94 Lakh margin 44.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 49%
3 years · compounded
▲ 11%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 11%
5 years · compounded
▼ 21%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 49% fall in the latest year. EBITDA fell 67% 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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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹34.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.59 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.7% | ||||
| Net Profit Margin | 30.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Shakthi Developers Private Limited, buy the company report.
Board of directors of Shakthi Developers Private Limited
Shakthi Developers has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Palekar Narayana Also directs: Cocoon Apparels Bangalore Private Limited | Director | 03 May 2018 | 8 Years 6 Months | Current |
| Neelasandra Srikanth Sadashivaiah Shylaja | Managing Director | 08 Jan 2003 | 23 Years 9 Months | Current |
| Vaidya Srikantappa Srikant Sadashivaiah | Director | 08 Jan 2003 | 23 Years 9 Months | Current |
Peer comparison
Shakthi Developers Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Real Estate Leasing), 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 |
|---|---|---|---|---|---|---|
| Sun Watt Promotions Private Limited | ₹78.28 Lakh (FY 2025) | 3095.0% | Hyderabad, Telangana, India | |||
| Aacharan Vanijya Private Limited | ₹78.26 Lakh (FY 2024) | 10.0% | Kolkata, West Bengal, India | |||
| Shakthi Developers Private Limitedthis company | ₹78.24 Lakh (FY 2025) | ₹23.59 Lakh | 30.1% | -49.0% | Bangalore, Karnataka, India | |
| Kousalya Niketan Private Limited | ₹78.18 Lakh (FY 2022) | -39.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Shakthi Developers Private Limited, buy the company report.
Auditor
Shakthi Developers Private Limited is audited by SAGAR & DHANANJAYA for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAGAR & DHANANJAYA | FY 2022 | 014007S |
Shareholding
The shareholding of Shakthi Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shakthi Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.03 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Jan 2023 | 100683292 | Others | ₹3.45 Cr | Open | |
| 23 Jun 2016 | 100040622 | Others | ₹15.34 Cr | Open | |
| 08 Apr 2006 | 10001779 | Bank of Baroda | ₹1.25 Cr | Open |
To see the full charge records of Shakthi Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Shakthi Developers Private Limited has 4 court cases on record: 1 filed by Shakthi Developers, 3 filed against it. All cases are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against M/S. Texport Overseas Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M S Texport Overseas Pvt Ltd | Disposed |
| High Court, KARNATAKA | Appeal | Filed against the company by The Commissioner and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Shakthi 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 Shakthi Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shakthi Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCS4019A1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shakthi Developers Private Limited, buy the company report.
Recent activity
Shakthi Developers Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Suresh Palekar Narayana was appointed as Director on 03 May 2018.
AGM
Shakthi Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Shakthi Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 344.66 Lakh with Charge ID 100683292 was registered on 25 Jan 2023.
Charges
A charge with Others of Rs. 1,533.74 Lakh registered on 23 Jun 2016 with Charge ID 100040622 was modified on 21 Jul 2020.
Appointed
Suresh Palekar Narayana was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,533.74 Lakh with Charge ID 100040622 was registered on 23 Jun 2016.
Charges
A charge with Bank Of Baroda amounted to Rs. 125.00 Lakh with Charge ID 10001779 was registered on 08 Apr 2006.
Appointed
Neelasandra Srikanth Sadashivaiah Shylaja was appointed as Managing Director.
Appointed
Vaidya Srikantappa Srikant Sadashivaiah was appointed as Director.
Incorporation
08 Jan 2003
Shakthi Developers Private Limited was registered on 08 Jan 2003 with Roc Bangalore & aged 23 years 9 months as per MCA records.
Frequently asked questions
Shakthi Developers 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 08 January 2003 (23+ years old) and is registered under CIN U07010KA2003PTC031450.
Shakthi Developers has 3 current directors:
- Neelasandra Srikanth Sadashivaiah Shylaja - Managing Director
- Suresh Palekar Narayana - Director
- Vaidya Srikantappa Srikant Sadashivaiah - Director
The latest financial statements of Shakthi 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 2015 are in the company report.
The GSTIN of Shakthi Developers is 29AAKCS4019A1ZJ, registered in Karnataka.
The CIN (Corporate Identification Number) of Shakthi Developers is U07010KA2003PTC031450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakthi Developers has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the high courts.
Shakthi Developers was incorporated on 08 January 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shakthi Developers by revenue are Sun Watt Promotions Private Limited, Aacharan Vanijya Private Limited, Kousalya Niketan Private Limited, all in the Real Estate industry (Builders and Developers, Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Suresh Palekar Narayana was appointed as Director on 03 May 2018. Neelasandra Srikanth Sadashivaiah Shylaja was appointed as Managing Director on 08 Jan 2003. Vaidya Srikantappa Srikant Sadashivaiah was appointed as Director on 08 Jan 2003.
Yes, Shakthi Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0036353).
Shakthi Developers can be reached through the website shaktishakti.org. Its registered office is in Bangalore, Karnataka, India.
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