About Shakti Developers Private Limited
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Shakti 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 31 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45203KA2012PTC065658. Its GSTIN is 29AASCS1467N3ZC (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Seamaker Construct Private Limited and Pranay Developers Private Limited. It is led by directors Sandya Madhu and Pranay Prakash.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.13 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹6.05 Lakh (net margin 7.5%) and EBITDA of ₹18.73 Lakh (EBITDA margin 23.1%). Revenue has grown at a compounded annual rate (CAGR) of 507% over three years and 176% over five years.
As per MCA filings, the company has satisfied charges of ₹55 Lakh on record. Court records list 16 cases involving the company, including 11 filed by the company and 5 filed against it; 4 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 shaktishakti.org.
Company details
Name history
Shakti Developers has undergone 2 name changes throughout its history. The company was previously known as Seamaker Construct Private Limited, and Pranay Developers Private Limited. The current legal name is Shakti Developers Private Limited.
| Company Name | Status |
|---|---|
| Shakti Developers Private Limited | Current |
| Seamaker Construct Private Limited | Previous |
| Pranay Developers Private Limited | Previous |
Contact details
Shakti 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 1 At 3rd Floor No 17 Sree Sai, 76th Cross 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Shakti 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 Shakti Developers is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Shakti Developers Private Limited, buy the company report.
Financials of Shakti Developers Private Limited
FY 2025 filings availableShakti Developers Private Limited reported revenue of ₹81.13 Lakh (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 176% over five years, including 9% growth in the latest year. EBITDA fell 14% 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 | ₹18.73 Lakh | ||||
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| Net Profit (PAT) | ₹6.05 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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| Profitability | |||||
| EBITDA Margin | 23.1% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of Shakti Developers Private Limited, buy the company report.
Board of directors of Shakti Developers Private Limited
Shakti Developers has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandya Madhu | Director | 05 Aug 2022 | 4 Years 3 Months | Current |
| Pranay Prakash | Director | 31 Aug 2012 | 14 Years 2 Months | Current |
Auditor
Shakti Developers Private Limited is audited by S P D R & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P D R & ASSOCIATES LLP | FY 2023 | S200043 |
Shareholding
The shareholding of Shakti Developers 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shakti Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 2017 | 100120833 | Indian Overseas Bank | ₹55 Lakh | Satisfied |
To see the full charge records of Shakti Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Shakti Developers Private Limited has 16 court cases on record: 11 filed by Shakti Developers, 5 filed against it. 4 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 1 |
| High courts | 7 | 1 | 2 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed by the company against M/S R.J. Rishikaran Projects Pvt.Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S R J Rishikaran Projects Pvt Ltd | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against State of Karnataka and 4 others | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against individuals | Pending |
| District court, Khurda, Orissa | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Shakti 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 Shakti Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shakti Developers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AASCS1467N3ZC | Karnataka | Active | 11 May 2018 |
To see the full GST registrations and return filing status of Shakti Developers Private Limited, buy the company report.
Recent activity
Shakti Developers Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Prakash Nagesh ceased to be Additional Director on 01 Mar 2023.
Frequently asked questions
Shakti 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 31 August 2012 (14+ years old) and is registered under CIN U45203KA2012PTC065658.
Shakti Developers has 2 current directors:
- Sandya Madhu - Director
- Pranay Prakash - Director
The latest financial statements of Shakti 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 Shakti Developers is 29AASCS1467N3ZC, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shakti Developers is U45203KA2012PTC065658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shakti Developers has 16 court cases on record: 11 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Shakti Developers was incorporated on 31 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Prakash Nagesh ceased to be Additional Director on 01 Mar 2023. Sandya Madhu was appointed as Director on 05 Aug 2022. Latha Prakash ceased to be Director on 13 Dec 2018. Shakti Developers has 4 board changes on record in total.
Shakti Developers can be reached through the website shaktishakti.org. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shakti Developers is at No 1 At 3rd Floor No 17 Sree Sai, 76th Cross 6th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
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