Northern Sky Properties Private Limited

Northern Sky Properties Private Limited - real estate and construction in Mangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U45202KA2011PTC058044 Incorporated 08 April 2011 ROC Bangalore HQ Mangalore, Karnataka, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2025
₹46.2 Cr
▼ 3% YoY
Net profit · FY 2025
₹2.7 Cr
Net margin 5.8%
EBITDA · FY 2025
₹23.57 Cr
EBITDA margin 51%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹7.4 Cr
Issued & subscribed
Open charges
₹421.7 Cr
Satisfied ₹176.31 Cr
Company age
15 yrs
Est. 2011
Employees · EPFO
75
Provident fund records

About Northern Sky Properties Private Limited

Data last updated:

Northern Sky Properties Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 April 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2011PTC058044. Its GSTIN is 29AADCN5925D1ZG (Karnataka). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹7.4 Cr. It is led by directors Dheeraj Amin (Managing Director) and Kritheen.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at J V Building Hampankatta, Mangalore, Karnataka, India – 575001.

As per the financials filed for FY 2025, the company reported a revenue of ₹46.2 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.7 Cr (net margin 5.8%) and EBITDA of ₹23.57 Cr (EBITDA margin 51%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.

The company has about 75 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: NorthernSky Properties. As per MCA filings, the company has open charges of ₹421.7 Cr and satisfied charges of ₹176.31 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is 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 northernsky.in.

Company details

CIN U45202KA2011PTC058044
Registration Number 058044
Incorporation Date 08 April 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Northern Sky Properties Private Limited's registered office is in Mangalore, Karnataka. Its website is northernsky.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    J V Building Hampankatta, Mangalore, Karnataka, India – 575001
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Northern Sky Properties Private Limited, buy the company report.

Comprehensive company report
Northern Sky Properties Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Northern Sky Properties operates one associated brand: NorthernSky Properties. Each brand links to its own profile.

BrandDescriptionWebsite
Offers premium residential flats, plots, and interior design in Mangalore.northernsky.in

Business activity

The main business activity of Northern Sky Properties is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

To see the full business activity and turnover split of Northern Sky Properties Private Limited, buy the company report.

Financials of Northern Sky Properties Private Limited

FY 2024 filings available

Northern Sky Properties Private Limited reported revenue of ₹46.2 Cr (down 3% YoY) for FY 2025.

Revenue · FY 2025
₹46.2 Cr ▼ 3%
Net profit · FY 2025
₹2.7 Cr margin 5.8%
EBITDA · FY 2025
₹23.57 Cr margin 51%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▲ 4%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 32%
5 years · compounded
▲ 7%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 3% fall in the latest year. EBITDA rose 11% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹23.57 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.7 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin51%
Net Profit Margin5.8%
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 Northern Sky Properties Private Limited, buy the company report.

Board of directors of Northern Sky Properties Private Limited

Northern Sky Properties has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
KritheenDirector15 Dec 201510 Years 10 MonthsCurrent
Dheeraj AminManaging Director08 Apr 201115 Years 6 MonthsCurrent

Peer comparison

Northern Sky Properties Private Limited is compared with the 6 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Doyen Constructions Private Limited₹46.4 Cr (FY 2025)27.0%Hyderabad, Telangana, India
Sensation Infracon Private Limited₹46.36 Cr (FY 2025)34.0%Hyderabad, Telangana, India
H & M Avenue Projects Private Limited₹46.33 Cr (FY 2024)3186.0%Hyderabad, Telangana, India
Venus Infrastructure and Developers Private Limited₹46.27 Cr (FY 2025)-61.0%Ahmedabad, Gujarat, India
Northern Sky Properties Private Limitedthis company₹46.2 Cr (FY 2025)₹2.7 Cr5.8%-3.0%75Mangalore, Karnataka, India
Siddhi Infralink Private Limited₹46.18 Cr (FY 2024)5144.0%Ahmedabad, Gujarat, India
Aura Real Estate Private Limited₹46.15 Cr (FY 2016)1.0%Mumbai, Maharashtra, India

To see the full peer comparison of Northern Sky Properties Private Limited, buy the company report.

Auditor

Northern Sky Properties Private Limited is audited by Chandrashekar Kote & Co for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Chandrashekar Kote & CoFY 202300592S

Shareholding

The shareholding of Northern Sky Properties 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Northern Sky Properties Private Limited, buy the company report.

Charges & borrowings

Open charges
₹421.7 Cr
Satisfied charges
₹176.31 Cr
Breakdown by lending institutions
Others₹334.00 Cr
State Bank of India₹50.00 Cr
Karnataka Bank Ltd.₹35.00 Cr
Hdfc Bank Limited₹2.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Oct 2025101178904Karnataka Bank Ltd.₹12 CrOpen
19 Aug 2025101149082Others₹50 CrOpen
11 Jul 2024100953219Hdfc Bank Limited₹1.88 CrOpen
22 Aug 2023100777027Others₹250 CrOpen
10 May 2023100718330State Bank of India₹40 CrOpen

To see the full charge records of Northern Sky Properties Private Limited, buy the company report.

Total charge records: 21 View all charges

Credit ratings & regulatory alerts

Northern Sky Properties Private Limited was last rated by Crisil on 24 Oct 2019.

Rating agencyRated onRating
Crisil24 Oct 2019

To see the full credit ratings and regulatory alerts of Northern Sky Properties Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Northern Sky Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Northern Sky Properties has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Northern Sky Properties Private Limited has a workforce of 75 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.

Employee count
75
Active EPFO establishments
1
Employee growth
2.74%

GST

Northern Sky Properties has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
29AADCN5925D1ZGKarnatakaActive01 Jul 2017
29AADCN5925D2ZFKarnatakaActive08 May 2025

To see the full GST registrations and return filing status of Northern Sky Properties Private Limited, buy the company report.

Recent activity

Northern Sky Properties Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Seetharam ceased to be Director on 18 Aug 2021.

Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 12.00 Cr with Charge ID 101178904 was registered on 17 Oct 2025.
Charges
A charge registered on 23 Feb 2022 via Charge ID 100547618 with The Bharat Co-Operative Bank(Mumbai) Ltd was fully satisfied on 30 Sep 2025.
Charges
A charge with Others of Rs. 250.00 Cr registered on 22 Aug 2023 with Charge ID 100777027 was modified on 25 Aug 2025.
Charges
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101149082 was registered on 19 Aug 2025.
Charges
A charge with The Bharat Co-Operative Bank(Mumbai) Ltd of Rs. 27.50 Cr registered on 23 Feb 2022 with Charge ID 100547618 was modified on 23 Oct 2024.
AGM
Northern Sky Properties Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.88 Cr with Charge ID 100953219 was registered on 11 Jul 2024.
Filing
Northern Sky Properties Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 250.00 Cr with Charge ID 100777027 was registered on 22 Aug 2023.
Charges
A charge with State Bank Of India amounted to Rs. 40.00 Cr with Charge ID 100718330 was registered on 10 May 2023.
Charges
A charge registered on 23 Mar 2020 via Charge ID 100334808 with Others was fully satisfied on 19 Feb 2023.
Charges
A charge registered on 05 May 2016 via Charge ID 100027938 with Others was fully satisfied on 19 Jan 2023.

30 earlier events are in the company report.

Frequently asked questions

Northern Sky Properties is an active private limited company based in Mangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 April 2011 (15+ years old) and is registered under CIN U45202KA2011PTC058044.

Northern Sky Properties has 2 current directors:

The latest financial statements of Northern Sky Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Northern Sky Properties is 29AADCN5925D1ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCN5925D2ZF (Karnataka).

The CIN (Corporate Identification Number) of Northern Sky Properties is U45202KA2011PTC058044. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Northern Sky Properties has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the district courts.

Northern Sky Properties was incorporated on 08 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Northern Sky Properties by revenue are Doyen Constructions Private Limited, Sensation Infracon Private Limited, H & M Avenue Projects Private Limited, Venus Infrastructure and Developers Private Limited, Siddhi Infralink Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).

Seetharam ceased to be Director on 18 Aug 2021. Kritheen ceased to be Additional Director on 30 Sep 2016. Kritheen was appointed as Director on 15 Dec 2015. Northern Sky Properties has 4 board changes on record in total.

Northern Sky Properties can be reached through the website northernsky.in. Its registered office is in Mangalore, Karnataka, India.

The registered office of Northern Sky Properties is at J V Building Hampankatta, Mangalore, Karnataka, India – 575001.