MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0182614
Poorvi Housing Development Company Private Limited - real estate and construction in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹12.13 Cr
▼ 4% YoY
Net profit · FY 2024
₹80.9 Lakh
Net margin 6.7%
EBITDA · FY 2024
₹2.17 Cr
EBITDA margin 17.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹1.46 Cr
Issued & subscribed
Open charges
₹4.85 Cr
Satisfied ₹14.07 Cr
Company age
13 yrs
Est. 2013
Directors on board
4
As per MCA filings
About Poorvi Housing Development Company Private Limited
Data last updated:
Poorvi Housing Development Company 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 14 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2013PTC071873. Its GSTIN is 29AAHCP5491L1ZO (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.46 Cr. It is led by directors including Prakash Subray Naik (Managing Director) and Shwetha Prakash Naik.
Its last annual general meeting (AGM) was held on 02 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Poorvi Tower No. 1 And 22 6th 'E' Main Gaurav Nagar J.P Nagar 7th Phase, Bengaluru, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.13 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹80.9 Lakh (net margin 6.7%) and EBITDA of ₹2.17 Cr (EBITDA margin 17.9%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 16% over five years.
The company is associated with 1 brand: Poorvi Housing. As per MCA filings, the company has open charges of ₹4.85 Cr and satisfied charges of ₹14.07 Cr on record. Court records list 9 cases involving the company, including 7 filed by the company and 2 filed against it; 7 cases are pending.
Poorvi Housing Development Company Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0182614). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website poorvihousing.com.
Company details
CIN U70109KA2013PTC071873
Registration Number 071873
Incorporation Date 14 November 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 02 November 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0182614
Key People
Prakash Subray Naik Managing Director Shwetha Prakash Naik Director Subray Ganapati Naik Director Recognitions & Rankings of Poorvi Housing Development Company
Contact details
Poorvi Housing Development Company Private Limited's registered office is in Bengaluru, Karnataka. Its website is poorvihousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPoorvi Tower No. 1 And 22 6th 'E' Main Gaurav Nagar J.P Nagar 7th Phase, Bengaluru, Karnataka, India – 560078
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Poorvi Housing Development Company Private Limited, buy the company report.
Comprehensive company report
Poorvi Housing Development Company 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
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Brands
Poorvi Housing Development Company operates one associated brand: Poorvi Housing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential housing projects. | poorvihousing.com |
Business activity
The main business activity of Poorvi Housing Development Company is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Poorvi Housing Development Company Private Limited, buy the company report.
Financials of Poorvi Housing Development Company Private Limited
FY 2024 filings availablePoorvi Housing Development Company Private Limited reported revenue of ₹12.13 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹12.13 Cr ▼ 4%
Net profit · FY 2024
₹80.9 Lakh margin 6.7%
EBITDA · FY 2024
₹2.17 Cr margin 17.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 18%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 2%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 4% fall in the latest year. EBITDA fell 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.9 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.9% | ||||
| Net Profit Margin | 6.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Poorvi Housing Development Company Private Limited, buy the company report.
Board of directors of Poorvi Housing Development Company Private Limited
Poorvi Housing Development Company has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shwetha Prakash Naik | Director | 14 Nov 2013 | 12 Years 11 Months | Current |
| Subray Ganapati Naik | Director | 14 Nov 2013 | 12 Years 11 Months | Current |
| Meera Subray Naik | Director | 14 Nov 2013 | 12 Years 11 Months | Current |
| Prakash Subray Naik | Managing Director | 14 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Poorvi Housing Development Company 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Westline Builders Private Limited | ₹12.14 Cr (FY 2024) | -5.0% | Mangalore, Karnataka, India | |||
| Nimbus Buildwell Private Limited | ₹12.14 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| New Construction Concrete Systems Private Limited | ₹12.14 Cr (FY 2024) | 78.0% | Mumbai, Maharashtra, India | |||
| Poorvi Housing Development Company Private Limitedthis company | ₹12.13 Cr (FY 2024) | ₹80.9 Lakh | 6.7% | -4.0% | Bengaluru, Karnataka, India | |
| Panchsheela Prop-Build Private Limited | ₹12.13 Cr (FY 2025) | 109.0% | New Delhi, Delhi, India | |||
| Sandu Developers Private Limited | ₹12.13 Cr (FY 2023) | Mumbai, Maharashtra, India |
To see the full peer comparison of Poorvi Housing Development Company Private Limited, buy the company report.
Auditor
Poorvi Housing Development Company Private Limited is audited by SUDHAKAR HEGDE & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SUDHAKAR HEGDE & CO | FY 2021 | 005329S |
Shareholding
The shareholding of Poorvi Housing Development Company Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Poorvi Housing Development Company Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.85 Cr
Satisfied charges
₹14.07 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2019 | 100307092 | Others | ₹2.35 Cr | Open | |
| 21 Sep 2019 | 100307068 | Others | ₹2.5 Cr | Open | |
| 03 Feb 2017 | 100085911 | Others | ₹6.5 Cr | Satisfied | |
| 04 Dec 2015 | 100018348 | Others | ₹7.57 Cr | Satisfied |
To see the full charge records of Poorvi Housing Development Company Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Poorvi Housing Development Company Private Limited has 9 court cases on record: 7 filed by Poorvi Housing Development Company, 2 filed against it. 7 cases are pending and 2 are disposed.
Total cases
9
Filed by the company
7
Filed against the company
2
Pending
7
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 1 | 6 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against The Deputy Commissioner of Income Tax | Pending |
| High Court | Writ petition | Filed by the company against State of Karnataka and 2 others | Pending |
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against an individual | Pending |
| High Court of Karnataka | Appeal | Filed against the company by The Deputy Commissioner of Income Tax | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Sulabham Solutions | Disposed |
To see the full case history of Poorvi Housing Development Company 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 Poorvi Housing Development Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Poorvi Housing Development Company has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP5491L1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Poorvi Housing Development Company Private Limited, buy the company report.
Recent activity
Poorvi Housing Development Company Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Meera Subray Naik was appointed as Director on 14 Nov 2013.
Charges
A charge with Others of Rs. 2.35 Cr registered on 24 Oct 2019 with Charge ID 100307092 was modified on 20 Dec 2025.
AGM
Poorvi Housing Development Company Private Limited last Annual general meeting of members was held on 02 Nov 2024 as per latest MCA records.
Filing
Poorvi Housing Development Company 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. 2.35 Cr with Charge ID 100307092 was registered on 24 Oct 2019.
Charges
A charge registered on 03 Feb 2017 via Charge ID 100085911 with Others was fully satisfied on 21 Oct 2019.
Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100307068 was registered on 21 Sep 2019.
Charges
A charge registered on 04 Dec 2015 via Charge ID 100018348 with Others was fully satisfied on 26 Jun 2018.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100085911 was registered on 03 Feb 2017.
Charges
A charge with Others amounted to Rs. 7.57 Cr with Charge ID 100018348 was registered on 04 Dec 2015.
Appointed
Meera Subray Naik was appointed as Director.
Appointed
Prakash Subray Naik was appointed as Managing Director.
Appointed
Shwetha Prakash Naik was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Poorvi Housing Development Company 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 14 November 2013 (13+ years old) and is registered under CIN U70109KA2013PTC071873.
Poorvi Housing Development Company has 4 current directors:
- Prakash Subray Naik - Managing Director
- Shwetha Prakash Naik - Director
- Subray Ganapati Naik - Director
- Meera Subray Naik - Director
The latest financial statements of Poorvi Housing Development Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 02 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Poorvi Housing Development Company is 29AAHCP5491L1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Poorvi Housing Development Company is U70109KA2013PTC071873. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poorvi Housing Development Company has 9 court cases on record: 7 filed by the company and 2 filed against it. 7 are pending. Most are in the high courts.
Poorvi Housing Development Company was incorporated on 14 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Poorvi Housing Development Company by revenue are Westline Builders Private Limited, Nimbus Buildwell Private Limited, New Construction Concrete Systems Private Limited, Panchsheela Prop-Build Private Limited, Sandu Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Meera Subray Naik was appointed as Director on 14 Nov 2013. Prakash Subray Naik was appointed as Managing Director on 14 Nov 2013. Shwetha Prakash Naik was appointed as Director on 14 Nov 2013. Poorvi Housing Development Company has 4 board changes on record in total.
Yes, Poorvi Housing Development Company is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0182614).
Poorvi Housing Development Company can be reached through the website poorvihousing.com. Its registered office is in Bengaluru, Karnataka, India.
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