About Sovereign Developers and Infrastructure Limited
Data last updated:
Sovereign Developers and Infrastructure Limited is a public limited company based in Bangalore, Karnataka, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 April 2006.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2006PLC039072. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.83 Cr. It was formerly known as Sovereign Developers and Infrastructure Private Limited and Sovereign Developers Private Limited. It is led by directors including Prakash Kumar Singh (Managing Director) and Deepakk Kumar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at No16 2nd Floor Jaladarshini Layout New Bel Road, Bangalore, Karnataka, India – 560054.
As per the financials filed for FY 2017, the company reported a revenue of ₹22.31 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net loss of ₹3.63 Cr (net margin -16.3%) and EBITDA of -₹1.06 Cr (EBITDA margin -4.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
The company is associated with 1 brand: Sovereign Developers and Infrastructure Limited. As per MCA filings, the company has open charges of ₹29.07 Cr and satisfied charges of ₹13.95 Cr on record. Court records list 169 cases involving the company, including 46 filed by the company and 123 filed against it; 28 cases are pending.
The last known website on record is sdil.in.
Company details
Name history
Sovereign Developers and Infrastructure has undergone 2 name changes throughout its history. The company was previously known as Sovereign Developers And Infrastructure Private Limited, and Sovereign Developers Private Limited. The current legal name is Sovereign Developers And Infrastructure Limited.
| Company Name | Status |
|---|---|
| Sovereign Developers and Infrastructure Limited | Current |
| Sovereign Developers And Infrastructure Private Limited | Previous |
| Sovereign Developers Private Limited | Previous |
CIN history
Sovereign Developers and Infrastructure has one previous CIN (Corporate Identification Number): U45202KA2006PTC039072. The current CIN is U45202KA2006PLC039072, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202KA2006PLC039072 | Current |
| U45202KA2006PTC039072 | Previous |
Contact details
Sovereign Developers and Infrastructure Limited's registered office is in Bangalore, Karnataka. Its website is sdil.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNo16 2nd Floor Jaladarshini Layout New Bel Road, Bangalore, Karnataka, India – 560054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sovereign Developers and Infrastructure 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
Brands
Sovereign Developers and Infrastructure operates one associated brand: Sovereign Developers and Infrastructure Limited. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Properties in residential, commercial, and hospitality sectors are developed. | sdil.in |
Business activity
The main business activity of Sovereign Developers and Infrastructure is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Sovereign Developers and Infrastructure Limited, buy the company report.
Financials of Sovereign Developers and Infrastructure Limited
FY 2017 filings availableSovereign Developers and Infrastructure Limited reported revenue of ₹22.31 Cr (up 74% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over three years, including 74% growth in the latest year. EBITDA rose 4% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹22.31 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.06 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.63 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -4.7% | ||
| Net Profit Margin | -16.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Sovereign Developers and Infrastructure Limited, buy the company report.
Board of directors of Sovereign Developers and Infrastructure Limited
Sovereign Developers and Infrastructure has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyavrat Sinh | Director | 27 Apr 2012 | 14 Years 6 Months | As last reported |
| Prakash Kumar Singh | Managing Director | 21 Apr 2006 | 20 Years 6 Months | As last reported |
| Deepakk Kumar | Whole-Time Director | 21 Apr 2006 | 20 Years 6 Months | As last reported |
Peer comparison
Sovereign Developers and Infrastructure Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bestbuilt Landzone Limited | ₹22.34 Cr (FY 2025) | -5.0% | Dehradun, Uttarakhand, India | |||
| Sovereign Developers and Infrastructure Limitedthis company | ₹22.31 Cr (FY 2017) | -₹3.63 Cr | -16.3% | 74.0% | Bangalore, Karnataka, India | |
| Amaltas India Limited | ₹22.31 Cr (FY 2024) | -8.0% | Bhopal, Madhya Pradesh, India | |||
| Sravanthi Constructions Private Limited | ₹22.3 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Trisha Infrastructure Limited | ₹22.3 Cr (FY 2025) | 34.0% | Vadodara, Gujarat, India | |||
| RDB Hyd Infrastructure Private Limited | ₹22.3 Cr (FY 2025) | -54.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Sovereign Developers and Infrastructure Limited, buy the company report.
Auditor
Sovereign Developers and Infrastructure Limited is audited by MURALI & VENKAT for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MURALI & VENKAT | FY 2017 | 002162S |
Shareholding
The shareholding of Sovereign Developers and Infrastructure Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sovereign Developers and Infrastructure Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2013 | 10411681 | Srei Equipment Finance Private Limited | ₹21.56 Lakh | Open | |
| 19 Apr 2012 | 10351574 | Srei Equipment Finance Private Limited | ₹36.86 Lakh | Open | |
| 15 Oct 2011 | 10314373 | Srei Equipment Finance Private Limited | ₹2.48 Cr | Open | |
| 09 Sep 2010 | 10245460 | Karnataka Bank Limited | ₹1 Cr | Open | |
| 13 May 2010 | 10232475 | Others | ₹25 Cr | Open |
To see the full charge records of Sovereign Developers and Infrastructure Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Sovereign Developers and Infrastructure Limited has 169 court cases on record: 46 filed by Sovereign Developers and Infrastructure, 123 filed against it. 28 cases are pending and 141 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 108 | 83 | 12 |
| High courts | 49 | 28 | 9 |
| NCLAT | 11 | 11 | 7 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 169)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by M/S Vakil Housing Development Corporation Pvt. Ltd., Rep by M M Badami | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by Phoenix Arc Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S Phoenix Arc Pvt Ltd | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.A.P.) | Filed by the company against M/S Krishil Capital Holdings Pvt. Ltd | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Housing Development Finance Corporation Limited (HDFC Ltd) | Disposed |
To see the full case history of Sovereign Developers and Infrastructure 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 Sovereign Developers and Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sovereign Developers and Infrastructure has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sovereign Developers and Infrastructure Limited, buy the company report.
Recent activity
Sovereign Developers and Infrastructure Limited has 8 board changes on record since 2006: 3 appointments and 5 cessations. The latest: Satyavrat Sinh ceased to be Additional Director on 28 May 2012.
14 earlier events are in the company report.
Frequently asked questions
Sovereign Developers and Infrastructure is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Sovereign Developers and Infrastructure is a company under insolvency, formerly operating as a public 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 21 April 2006 and is registered under CIN U45202KA2006PLC039072. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Sovereign Developers and Infrastructure has 3 current directors:
- Prakash Kumar Singh - Managing Director
- Deepakk Kumar - Whole-Time Director
- Satyavrat Sinh - Director
The latest financial statements of Sovereign Developers and Infrastructure on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sovereign Developers and Infrastructure is U45202KA2006PLC039072. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sovereign Developers and Infrastructure has open charges of ₹29.07 Cr and satisfied charges of ₹13.95 Cr as per latest MCA filings.
Sovereign Developers and Infrastructure has 169 court cases on record: 46 filed by the company and 123 filed against it. 28 are pending. Most are in the district courts.
Sovereign Developers and Infrastructure was incorporated on 21 April 2006. It is registered with the Registrar of Companies, Bangalore.
The peers of Sovereign Developers and Infrastructure by revenue are Bestbuilt Landzone Limited, Amaltas India Limited, Sravanthi Constructions Private Limited, Trisha Infrastructure Limited, RDB Hyd Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Satyavrat Sinh ceased to be Additional Director on 28 May 2012. Niva Singh ceased to be Director on 27 Apr 2012. Satyavrat Sinh was appointed as Director on 27 Apr 2012. Sovereign Developers and Infrastructure has 8 board changes on record in total.
Sovereign Developers and Infrastructure can be reached through the website sdil.in. Its registered office is in Bangalore, Karnataka, India.
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