Mudita Properties Private Limited
About Mudita Properties Private Limited
Data last updated:
Mudita Properties 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 07 June 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PTC017992. Its GSTIN is 29AABCM9291K2ZS (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹14.62 Lakh. It is led by directors Dereddy Parameswara Reddy and Gali Lakshmi Aruna.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Parijatha Apartments Flat No 002 45/1 Race Course Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2022, the company reported a revenue of ₹14.23 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net profit of ₹8.7 Cr (net margin 61.1%) and EBITDA of ₹10.77 Cr (EBITDA margin 75.7%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹2.78 Cr and satisfied charges of ₹36 Cr on record. Court records list 17 cases involving the company, including 4 filed by the company and 13 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Mudita Properties has one previous CIN (Corporate Identification Number): U45201KA1995PTC017992. The current CIN is U85110KA1995PTC017992, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1995PTC017992 | Current |
| U45201KA1995PTC017992 | Previous |
Contact details
Mudita Properties Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressParijatha Apartments Flat No 002 45/1 Race Course Road, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Mudita Properties 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 Mudita Properties 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 Mudita Properties Private Limited, buy the company report.
Financials of Mudita Properties Private Limited
FY 2022 filings availableMudita Properties Private Limited reported revenue of ₹14.23 Cr (up 89% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 89% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹14.23 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.7 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 75.7% | ||||
| Net Profit Margin | 61.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Mudita Properties Private Limited, buy the company report.
Board of directors of Mudita Properties Private Limited
Mudita Properties has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dereddy Parameswara Reddy Also directs: Tubular Rivets Private Limited, Obulapuram Mining Company Private Limited, Bramhani Industries Limited and 2 more | Director | 24 Feb 2011 | 15 Years 8 Months | Current |
| Gali Lakshmi Aruna Also directs: Tubular Rivets Private Limited | Director | 13 Jul 2022 | 4 Years 3 Months | Current |
Peer comparison
Mudita Properties 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 |
|---|---|---|---|---|---|---|
| Tirth Arcade Private Limited | ₹14.24 Cr (FY 2025) | 82.0% | Ahmedabad, Gujarat, India | |||
| Cello Household Appliances Private Limited | ₹14.23 Cr (FY 2025) | 12.0% | Daman, Daman and Diu, India | |||
| Mudita Properties Private Limitedthis company | ₹14.23 Cr (FY 2022) | ₹8.7 Cr | 61.1% | 89.0% | Bangalore, Karnataka, India | |
| LH Residential Housing Private Limited | ₹14.23 Cr (FY 2025) | 1141.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Mudita Properties Private Limited, buy the company report.
Auditor
Mudita Properties Private Limited is audited by PARKEA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARKEA & CO | FY 2022 | 002578S |
Shareholding
The shareholding of Mudita Properties 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 Mudita Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 2021 | 100520430 | Axis Bank Limited | ₹2.78 Cr | Open | |
| 11 Nov 2003 | 90200872 | Corp. Bank | ₹15 Cr | Satisfied | |
| 11 Nov 2003 | 90198360 | Corporation Bank | ₹15 Cr | Satisfied | |
| 28 Jun 2001 | 90199452 | The Vysysa Bank Ltd | ₹6 Cr | Satisfied |
To see the full charge records of Mudita Properties Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Mudita Properties Private Limited has 17 court cases on record: 4 filed by Mudita Properties, 13 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 8 | 3 |
| District courts | 5 | 5 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed against the company by M/S. Springboard Solutions Private Limited | Pending |
| High Court | Writ petition | Filed by the company against Future Retail Limited and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S Salarpuria Profin Pvt Ltd., and 2 others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Reliance Projects and Property Management Services Ltd | Disposed |
| High Court | Interim or miscellaneous application | Filed against the company by M/S Springboard Solutions Private Limited | Disposed |
To see the full case history of Mudita Properties 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 Mudita Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mudita Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM9291K2ZS | Karnataka | Active | 12 Aug 2017 |
To see the full GST registrations and return filing status of Mudita Properties Private Limited, buy the company report.
Recent activity
Mudita Properties Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Banaganapallekodi Nagaraj ceased to be Director on 13 Jul 2022.
6 earlier events are in the company report.
Frequently asked questions
Mudita Properties 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 07 June 1995 (31+ years old) and is registered under CIN U85110KA1995PTC017992.
Mudita Properties has 2 current directors:
- Dereddy Parameswara Reddy - Director
- Gali Lakshmi Aruna - Director
The latest financial statements of Mudita Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Mudita Properties is 29AABCM9291K2ZS, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mudita Properties is U85110KA1995PTC017992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mudita Properties has 17 court cases on record: 4 filed by the company and 13 filed against it. 3 are pending. Most are in the high courts.
Mudita Properties was incorporated on 07 June 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mudita Properties by revenue are Tirth Arcade Private Limited, Cello Household Appliances Private Limited, LH Residential Housing 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).
Banaganapallekodi Nagaraj ceased to be Director on 13 Jul 2022. Gali Lakshmi Aruna was appointed as Director on 13 Jul 2022. Gali Lakshmi Aruna ceased to be Director on 01 Nov 2016. Mudita Properties has 6 board changes on record in total.
The registered office of Mudita Properties is at Parijatha Apartments Flat No 002 451 Race Course Road, Bangalore, Karnataka, India – 560001.
Mudita Properties operates in the financial services industry, in the real estate financing segment.
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