- #399 B.M. Jayeshankar ₹9,300 Cr

Orchids Apartments Private Limited
About Orchids Apartments Private Limited
Data last updated:
Orchids Apartments Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 January 1981 and has been in existence for over 45 years.
Its director B.M. Jayeshankar is #399 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA1981PTC004086. Its GSTIN is 29AAACO2209G2ZO (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Jayeshankar Bilidale Madaiah and Sudha Shanker.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.34 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.72 Cr (net margin 29.1%) and EBITDA of ₹4.82 Cr (EBITDA margin 51.6%). Revenue has grown at a compounded annual rate (CAGR) of 62% over three years and 320% over five years.
The company is associated with 1 brand: Adarsh Developers. As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹3,662.2 Cr on record. Court records list 20 cases involving the company, including 4 filed by the company and 16 filed against it; 9 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2013. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 3 smaller; the largest is Anusri Happy Homes India Private Limited with revenue of ₹9.35 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Orchids Apartments
Contact details
Orchids Apartments Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 2/4 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Orchids Apartments 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
Brands
Orchids Apartments operates one associated brand: Adarsh Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential, commercial, and hospitality properties are developed in Bengaluru. | adarshdevelopers.com |
Financials of Orchids Apartments Private Limited
FY 2024 filings availableOrchids Apartments Private Limited reported revenue of ₹9.34 Cr (up 3503% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 320% over five years. EBITDA rose 179% 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 | ₹4.82 Cr | ||||
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| Net Profit (PAT) | ₹2.72 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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| Profitability | |||||
| EBITDA Margin | 51.6% | ||||
| Net Profit Margin | 29.1% | ||||
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To see the full financial statements and ratios of Orchids Apartments Private Limited, buy the company report.
Board of directors of Orchids Apartments Private Limited
Orchids Apartments has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jayeshankar Bilidale Madaiah Also directs: Shivakar Developers Private Limited, Akarsha Prime Project Private Limited, Shivakar Infra Private Limited and 5 more | Director | 07 Apr 1994 | 32 Years 6 Months | Current |
| Sudha Shanker Also directs: Shivakar Developers Private Limited, Akarsha Prime Project Private Limited, Shreshta Apartments Private Limited and 5 more | Director | 07 Apr 1994 | 32 Years 6 Months | Current |
Peer comparison
Orchids Apartments Private 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 (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 |
|---|---|---|---|---|---|---|
| Anusri Happy Homes India Private Limited | ₹9.35 Cr (FY 2024) | -3.0% | Coimbatore, Tamil Nadu, India | |||
| Plurealty Private Limited | ₹9.35 Cr (FY 2025) | 145.0% | Delhi, India | |||
| Orchids Apartments Private Limitedthis company | ₹9.34 Cr (FY 2025) | ₹2.72 Cr | 29.1% | 3503.0% | Bengaluru, Karnataka, India | |
| Chordia Food - Park & Properties Limited | ₹9.34 Cr (FY 2025) | -69.0% | Pune, Maharashtra, India | |||
| Rukkaiya Holdings P Ltd | ₹9.33 Cr (FY 2024) | 152.0% | Nungambakkam, Madras 34, Tamil Nadu, India | |||
| Brickstone Builders and Developers Private Limited | ₹9.33 Cr (FY 2025) | 25.0% | Aluva, Kerala, India |
To see the full peer comparison of Orchids Apartments Private Limited, buy the company report.
Auditor
Orchids Apartments Private Limited is audited by Abs & C0 for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abs & C0 | FY 2023 | 008203S |
Shareholding
The shareholding of Orchids Apartments 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Orchids Apartments Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2020 | 100343005 | Others | ₹16 Cr | Open | |
| 21 Jul 2023 | 100917991 | Others | ₹258 Cr | Satisfied | |
| 21 Jul 2023 | 100841234 | Others | ₹487 Cr | Satisfied | |
| 21 Jul 2023 | 100841231 | Others | ₹840.5 Cr | Satisfied | |
| 21 Jul 2023 | 100825123 | Others | ₹75 Cr | Satisfied |
To see the full charge records of Orchids Apartments Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Orchids Apartments Private Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2013.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Adarsh Developers Seller: an individual |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Orchids Apartments Private Limited has 20 court cases on record: 4 filed by Orchids Apartments, 16 filed against it. 9 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 12 | 8 |
| High courts | 7 | 4 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Ascendum Solutions India Private Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company | Pending |
| High Court of Karnataka | Revision petition | Filed by the company against an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Orchids Apartments 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.
Credit ratings & regulatory alerts
Orchids Apartments Private Limited was last rated by Brickwork on 28 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 28 Jun 2021 |
To see the full credit ratings and regulatory alerts of Orchids Apartments Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Orchids Apartments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Orchids Apartments has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACO2209G2ZO | Karnataka | Active | 28 Nov 2018 |
To see the full GST registrations and return filing status of Orchids Apartments Private Limited, buy the company report.
Recent activity
Orchids Apartments Private Limited has 3 board changes on record since 1994: 2 appointments and 1 cessation. The latest: Jayeshankar Bilidale Madaiah ceased to be Managing Director on 28 Jan 2020.
39 earlier events are in the company report.
Frequently asked questions
Orchids Apartments is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 January 1981 (45+ years old) and is registered under CIN U45201KA1981PTC004086.
Orchids Apartments has 2 current directors:
- Jayeshankar Bilidale Madaiah - Director
- Sudha Shanker - Director
The latest financial statements of Orchids Apartments on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Orchids Apartments is 29AAACO2209G2ZO, 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 Orchids Apartments is U45201KA1981PTC004086. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orchids Apartments has 20 court cases on record: 4 filed by the company and 16 filed against it. 9 are pending. Most are in the district courts.
Orchids Apartments was incorporated on 27 January 1981, making it 45+ years old. It is registered with the Registrar of Companies, Bangalore.
Orchids Apartments has 3 deals on record (3 secondary share transfers); the latest was in September 2013.
The peers of Orchids Apartments by revenue are Anusri Happy Homes India Private Limited, Plurealty Private Limited, Chordia Food - Park & Properties Limited, Rukkaiya Holdings P Ltd, Brickstone Builders and Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Jayeshankar Bilidale Madaiah ceased to be Managing Director on 28 Jan 2020. Jayeshankar Bilidale Madaiah was appointed as Director on 07 Apr 1994. Sudha Shanker was appointed as Director on 07 Apr 1994.
The registered office of Orchids Apartments is at No. 24 Langford Garden Richmond Town, Bengaluru, Karnataka, India – 560025.