
Paradise Citadel Projects Private Limited
About Paradise Citadel Projects Private Limited
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Paradise Citadel Projects 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 11 November 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45500KA2019PTC129520. Its GSTIN is 29AAKCP8666N1ZA (Karnataka).
The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Avalon Lennox Patrao and Kudgi Aravind Shenoy.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at #003 Sapphire Apts Bejai Church Road Bejai, Mangalore, Karnataka, India – 574004.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.92 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹1.19 Cr and EBITDA of -₹1.19 Cr. Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 36% over five years.
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- Registered Address#003 Sapphire Apts Bejai Church Road Bejai, Mangalore, Karnataka, India – 574004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Paradise Citadel Projects Private Limited
The main business activity of Paradise Citadel Projects is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Paradise Citadel Projects Private Limited FY 2025 filings available
Paradise Citadel Projects Private Limited reported revenue of ₹1.92 Lakh (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Paradise Citadel Projects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years. EBITDA fell 177% 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 of Paradise Citadel Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹1.19 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.19 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 of Paradise Citadel Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Paradise Citadel Projects are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Paradise Citadel Projects Private Limited
Paradise Citadel Projects Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shankara Construction Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Sazeem Buildage Private Limited | ₹1.92 Lakh (FY 2023) | •••• | •••• | •••• | Varanasi, Uttar Pradesh, India | |
| Snowfall Infrabuild Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | 200.0% | •••• | Indore, Madhya Pradesh, India |
| JCC (C&B) Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Madhuri City Homes Reality Private Limited | ₹1.92 Lakh (FY 2021) | •••• | •••• | •••• | Uttar Pradesh, India | |
| Paradise Citadel Projects Private Limited this company | ₹1.92 Lakh (FY 2025) | •••• | •••• | -100.0% | •••• | Mangalore, Karnataka, India |
| Rajasthan Builders and Consultants Private Limited | ₹1.92 Lakh (FY 2024) | •••• | •••• | -85.0% | •••• | Jaipur, Rajasthan, India |
| Prestige Golf Resorts Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | 53.0% | •••• | Bangalore, Karnataka, India |
| Unity Commodeal Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Jodhana Enterprises Private Limited | ₹1.91 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Jodhpur, Rajasthan, India |
| Cloudture Realty Private Limited | ₹1.91 Lakh (FY 2024) | •••• | •••• | 397.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Paradise Citadel Projects by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Paradise Citadel Projects Private Limited
Paradise Citadel Projects Private Limited is audited by OLVIN HENRY RODRIGUES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| OLVIN HENRY RODRIGUES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Paradise Citadel Projects Private Limited
Paradise Citadel Projects has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avalon Lennox Patrao | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Kudgi Aravind Shenoy | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Ajith Kumar Also directs: Amazecrete Private Limited, Highmark Reality Private Limited, Citadel Projects & Developers Private Limited and 1 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Sandeep Konchady Also directs: Amazecrete Private Limited, Highmark Reality Private Limited, Citadel Projects & Developers Private Limited and 1 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
| Ramkumar Bekal Also directs: Amazecrete Private Limited, Highmark Reality Private Limited, Citadel Projects & Developers Private Limited and 1 more | Director | 11 Nov 2019 | 6 Years 11 Months | Current |
Ownership and Shareholding of Paradise Citadel Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Paradise Citadel Projects Private Limited
Paradise Citadel Projects Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Paradise Citadel Projects Private Limited
Paradise Citadel Projects Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 10 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Qcrete Readymix (India) Private Limited | •••• | •••• | •••• |
| Rohini Hardware Solutions | •••• | •••• | •••• |
| Bastikar Enterprises | •••• | •••• | •••• |
| Mfar Constructions Private Limited | •••• | •••• | •••• |
| Citadel Developers | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Paradise Citadel Projects Private Limited
Employment history and EPFO contributions of people linked to Paradise Citadel Projects.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Paradise Citadel Projects Private Limited
Paradise Citadel Projects Private Limited has 5 board changes on record since 2019: 5 appointments. The latest: Ajith Kumar was appointed as Director on 11 Nov 2019.
Credit Ratings, Litigation & Regulatory Alerts for Paradise Citadel Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Paradise Citadel Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Paradise Citadel Projects Private Limited
Paradise Citadel Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCP8666N1ZA | Karnataka | Active | 07 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Paradise Citadel Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Paradise Citadel Projects Private Limited
Paradise Citadel Projects 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 11 November 2019 (7+ years old) and is registered under CIN U45500KA2019PTC129520.
Paradise Citadel Projects reported revenue of ₹1.92 Lakh for FY 2025 (down 100% YoY).
Paradise Citadel Projects has 5 current directors:
- Avalon Lennox Patrao - Director
- Kudgi Aravind Shenoy - Director
- Ajith Kumar - Director
- Sandeep Konchady - Director
- Ramkumar Bekal - Director
Paradise Citadel Projects reported a net loss of ₹1.19 Cr and EBITDA of -₹1.19 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Paradise Citadel Projects is -67% over three years and -36% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Paradise Citadel Projects is 29AAKCP8666N1ZA, registered in Karnataka.
The CIN (Corporate Identification Number) of Paradise Citadel Projects is U45500KA2019PTC129520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paradise Citadel Projects was incorporated on 11 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Paradise Citadel Projects by revenue are Shankara Construction Private Limited, Sazeem Buildage Private Limited, Snowfall Infrabuild Private Limited, JCC (C&B) Private Limited, Madhuri City Homes Reality Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ajith Kumar was appointed as Director on 11 Nov 2019. Avalon Lennox Patrao was appointed as Director on 11 Nov 2019. Kudgi Aravind Shenoy was appointed as Director on 11 Nov 2019. Paradise Citadel Projects has 5 board changes on record in total.
Paradise Citadel Projects has 4 MSME Form 1 returns on record between 2021 and 2023, listing 10 overdue payments to 5 micro and small suppliers. The latest return was filed on 29 Aug 2023.
The registered office of Paradise Citadel Projects is at #003 Sapphire Apts Bejai Church Road Bejai, Mangalore, Karnataka, India – 574004.