Varishtha Property Developers Private Limited
About Varishtha Property Developers Private Limited
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Varishtha Property Developers Private Limited is a private limited company based in Kondapura, Telangana, India, a subsidiary of Puravankara Limited. It operates in the builders and developers segment of the real estate and construction sector. It was incorporated on 20 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45208TG2015PTC101839. Its GSTIN is 29AAFCV3011N1Z4 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Ravi Puravankara and Doddappagowda Shivasangappa Patil.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kondapura, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.45 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net loss of ₹2.39 Cr and EBITDA of ₹1.02 Cr (EBITDA margin 436.6%).
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Varishtha Property Developers Private Limited's registered office is in Kondapura, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPuravankara Projects Limited Survey No. 8 Opp.Mahindra Satyam Sideline Of Godrej, Green Bldg, Kondapura, Telangana, India – 500033
- IndustryReal Estate and Construction, Builders and Developers
To see the full contact details of Varishtha Property 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 Varishtha Property Developers 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 |
Financials of Varishtha Property Developers Private Limited
FY 2025 filings availableVarishtha Property Developers Private Limited reported revenue of ₹23.45 Lakh (down 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 27% in the latest year. EBITDA rose 458% 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 | ₹1.02 Cr | ||||
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| Net Profit (PAT) | -₹2.39 Cr | ||||
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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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| EBITDA Margin | 436.6% | ||||
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To see the full financial statements and ratios of Varishtha Property Developers Private Limited, buy the company report.
Board of directors of Varishtha Property Developers Private Limited
Varishtha Property 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 |
|---|---|---|---|---|
| Ashish Ravi Puravankara | Director | 20 Nov 2015 | 10 Years 11 Months | Current |
| Doddappagowda Shivasangappa Patil Also directs: Purva Woodworks Private Limited, Purva Star Properties Private Limited, Grand Hills Developments Private Limited and 5 more | Director | 11 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Varishtha Property Developers Private Limited is audited by VDSR & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VDSR & Co LLP | FY 2023 | 001626S |
Shareholding
The shareholding of Varishtha Property Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Varishtha Property Developers Private Limited, buy the company report.
Legal cases
Varishtha Property Developers Private Limited has 5 court cases on record: 3 filed by Varishtha Property Developers, 2 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 2 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Fern Valley Projects Pvt Limited | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against M/S Fern Valley Projects Private Limited and 1 other | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| High Court of Karnataka | Court case (MFA) | Filed by the company against M./S Fern Valley Projects Private Limited and 1 other | Disposed |
To see the full case history of Varishtha Property 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 Varishtha Property Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Varishtha Property Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCV3011N1Z4 | Karnataka | Active | 01 Dec 2022 |
To see the full GST registrations and return filing status of Varishtha Property Developers Private Limited, buy the company report.
Recent activity
Varishtha Property Developers Private Limited has 4 board changes on record since 2015: 3 appointments and 1 cessation. The latest: Doddappagowda Shivasangappa Patil was appointed as Director on 11 Mar 2019.
Frequently asked questions
Varishtha Property Developers is an active private limited company based in Kondapura, Telangana, India. The company works in builders and developers, within the real estate and construction industry. It was incorporated on 20 November 2015 (11+ years old) and is registered under CIN U45208TG2015PTC101839.
Varishtha Property Developers has 2 current directors:
- Ashish Ravi Puravankara - Director
- Doddappagowda Shivasangappa Patil - Director
The latest financial statements of Varishtha Property Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Varishtha Property Developers is 29AAFCV3011N1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Varishtha Property Developers is U45208TG2015PTC101839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varishtha Property Developers has 5 court cases on record: 3 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Varishtha Property Developers was incorporated on 20 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Doddappagowda Shivasangappa Patil was appointed as Director on 11 Mar 2019. Nani Rusi Choksey ceased to be Director on 11 Mar 2019. Ashish Ravi Puravankara was appointed as Director on 20 Nov 2015. Varishtha Property Developers has 4 board changes on record in total.
The registered office of Varishtha Property Developers is at Puravankara Projects Limited Survey No. 8 Opp.Mahindra Satyam Sideline Of Godrej, Green Bldg, Kondapura, Telangana, India – 500033.
Varishtha Property Developers operates in the real estate and construction industry, in the builders and developers segment.
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