Nikara Properties Private Limited - Company Profile

It is a financial services private limited company based in Hassan, Karnataka, India, established in 2010.
2010 Hassan, Karnataka, India Active
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About Nikara Properties Private Limited

Nikara Properties Private Limited, a active private limited company, was established on 13 May 2010 in Hassan, Karnataka, India. Engaging in real estate financing within the real estate sector, it holds CIN: U70100KA2010PTC053622. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.40 Cr.

Formerly known as M G Reclamations Private Limited. It upholds a compliant status. Its leadership includes Hullikere Shankare Gowda Ravi (Additional Director), Nayana Yogish Halebeed (Managing Director). Past directors included Saranya Krishna Lekkala, Malagaranahalli Chikkanna Aruna, Hemmanahalli Karigowda Rajakumar. It holds ₹2.15 Cr open charges and ₹2.95 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. 562/A B, Kiadb Industrial Area, Holenarasipura Road, Near Venkat Motors,, Hassan, Hassan, Karnataka, 573201.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U70100KA2010PTC053622

  • Registration Number

    053622

  • Incorporation Date

    13 May 2010

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.40 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 15 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.15 Cr
  • Satisfied Charges ₹ 2.95 Cr
  • Revenue Growth **** 5.91%
  • Profit Growth **** -15.04%
  • Ebitda **** -1.07%
  • Net Worth 18.18%
  • Total Assets **** 1.53%
Company report

Nikara Properties Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Nikara Properties Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nikara Properties Private Limited?
Current Directors
Name Designation Appointment Date Status
Hullikere Shankare Gowda Ravi Additional Director 27 Jul 2024 Current
Nayana Yogish Halebeed Managing Director 13 May 2010 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 05 Jul 2010 Past
Pramod Abcsdd Director 01 Apr 2017 Past
Pramod Abcsdd Director 01 Apr 2017 Past
Pramod Abcsdd Director 30 Mar 2024 Past
Pramod Abcsdd Director 01 Jul 2024 Past
Pramod Abcsdd Director 20 Jul 2016 Past

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Financial Performance of Nikara Properties.

Nikara Properties Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.91% increase. The company also saw a substantial fall in profitability, with a 15.04% decrease in profit. The company's net worth Soared by an impressive increase of 18.18%.

Nikara Properties revenue growth over time
Nikara Properties profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 5.91%
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*******
*******
*******
Revenue from Operations
*******
 5.52%
*******
*******
*******
*******
Total Assets
*******
 1.53%
*******
*******
*******
*******
Profit or Loss
*******
 -15.04%
*******
*******
*******
*******
Net Worth
*******
 18.18%
*******
*******
*******
*******
EBITDA
*******
 -1.07%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Nikara Properties?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹21,500,000.00

Satisfied Charges

₹29,500,000.00

Charges Breakdown by Lending Institutions
  • Others : 2.15 Cr
Latest Charge Details
Date Lender Amount Status
10 Feb 2017 Others ₹2.15 Cr Open
29 Oct 2010 The Karnataka State Financial Corporation ₹2.95 Cr Satisfied

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How Many Employees Work at Nikara Properties?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Nikara Properties
Recent Activity within the Organization
  • Annual General Meeting

    The activity Nikara Properties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Director Appointment

    The activity Hullikere Shankare Gowda Ravi was appointed as a Additional Director was appointed as a Additional Director on 27 Jul 2024 & has been associated with this company since 1 year 7 months . was completed.

  • Balance Sheet

    Progress on Nikara Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Charges

    A charge with Others amounted to Rs. 2.15 Cr with Charge ID 100078101 was registered on 10 Feb 2017. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 29 Oct 2010 via Charge ID 10255904 with The Karnataka State Financial Corporation was fully satisfied on 07 Feb 2017. was documented.

  • Charges

    Progress on A charge with The Karnataka State Financial Corporation of Rs. 2.95 Cr registered on 29 Oct 2010 with Charge ID 10255904 was modified on 06 Jul 2012. was documented.

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Frequently Asked Questions
What is the CIN of Nikara Properties Private Limited?

The CIN of Nikara Properties Private Limited is U70100KA2010PTC053622.

Where is Nikara Properties Private Limited headquartered?

Nikara Properties Private Limited is headquartered at Plot No. 562/A B, Kiadb Industrial Area, Holenarasipura Road, Near Venkat Motors,, Hassan, Hassan, Karnataka, 573201.

When was Nikara Properties Private Limited incorporated?

Nikara Properties Private Limited was incorporated on 13 May 2010.

Who are the current directors of Nikara Properties Private Limited?

The current directors of Nikara Properties Private Limited are

What is the primary industry of Nikara Properties Private Limited?

The primary industry of Nikara Properties Private Limited is Real Estate.

Is Nikara Properties Private Limited a listed company?

Nikara Properties Private Limited is unlisted.

What is the capital structure of Nikara Properties Private Limited?

The authorized capital of Nikara Properties Private Limited is ₹2.00 Cr, and the paid-up capital is ₹1.40 Cr.

What is the compliance status of Nikara Properties Private Limited?

The compliance status of Nikara Properties Private Limited is Compliant.

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