Portia Properties Private Limited
About Portia Properties Private Limited
Data last updated:
Portia Properties Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Ramanagaram Enterprises Private Limited. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 10 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U01119TG2004PTC042612. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹71 Cr and a paid-up capital of ₹67.67 Cr. It was formerly known as Garnet Groves Private Limited. It is led by directors Srinivasa Rao Basavaraju and Venkatasrinivasa Rao Vissapragada.
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 Ilabs Centre Building 3 Plot No.18 Software Units Lay Out Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2024, the company reported a revenue of ₹23,000, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹3.63 Lakh and EBITDA of -₹3.63 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 4% over five years.
The company is associated with 1 brand: Lanco Infratech. As per MCA filings, the company has open charges of ₹450.48 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Portia Properties has one previous CIN (Corporate Identification Number): U01119AP2004PTC042612. The current CIN is U01119TG2004PTC042612, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01119TG2004PTC042612 | Current |
| U01119AP2004PTC042612 | Previous |
Contact details
Portia Properties Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressIlabs Centre Building 3 Plot No.18 Software Units Lay Out Madhapur, Hyderabad, Telangana, India – 500081
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Portia Properties 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
Portia Properties operates one associated brand: Lanco Infratech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multinational conglomerate with diverse interests in industries such as heavy equipment, construction, and power generation | lancogroup.com |
Financials of Portia Properties Private Limited
FY 2024 filings availablePortia Properties Private Limited reported revenue of ₹23,000 (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 57% fall in the latest year. EBITDA rose 100% 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 |
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| EBITDA | -₹3.63 Lakh | ||||
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| Net Profit (PAT) | -₹3.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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To see the full financial statements and ratios of Portia Properties Private Limited, buy the company report.
Board of directors of Portia Properties Private Limited
Portia Properties has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Rao Basavaraju Also directs: Mimas Trading Private Limited, Phoebe Trading Private Limited | Director | 10 Nov 2021 | 5 Years 0 Months | Current |
| Venkatasrinivasa Rao Vissapragada Also directs: Phoebe Trading Private Limited, Himavat Power Private Limited, Regulus Power Private Limited and 3 more | Director | 10 Nov 2021 | 5 Years 0 Months | Current |
Peer comparison
Portia Properties Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Marutinandan Infrabuild Private Limited | ₹23,100 (FY 2025) | 4.0% | Firozabad, Uttar Pradesh, India | |||
| Kalashdhan Projects Private Limited | ₹23,087 (FY 2024) | 235.0% | Kolkata, West Bengal, India | |||
| The Ganges Printing Co Ltd | ₹23,075 (FY 2025) | -96.0% | Domjur, West Bengal, India | |||
| Happy Valley Realtors Private Limited | ₹23,059 (FY 2024) | 105.0% | Kolkata, West Bengal, India | |||
| Sahitej Realtors Private Limited | ₹23,027 (FY 2025) | 692.0% | Satara, Maharashtra, India | |||
| Portia Properties Private Limitedthis company | ₹23,000 (FY 2024) | -₹3.63 Lakh | -57.0% | Hyderabad, Telangana, India | ||
| Echelon Marketing Services Private Limited | ₹23,000 (FY 2025) | Gurgaon, Haryana, India | ||||
| Map Ventures Private Limited | ₹23,000 (FY 2020) | 2223.0% | Ahmedabad, Gujarat, India | |||
| Aswad Infrastructures Limited | ₹23,000 (FY 2023) | 2.0% | Bhopal, Madhya Pradesh, India | |||
| Sahej Business Private Limited | ₹23,000 (FY 2025) | 77.0% | Lucknow, Uttar Pradesh, India | |||
| Mayfair Urban Developers Private Limited | ₹23,000 (FY 2025) | 70.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Portia Properties Private Limited, buy the company report.
Auditor
Portia Properties Private Limited is audited by GANESH VENKAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH VENKAT & CO | FY 2023 | 005293S |
Shareholding
The shareholding of Portia 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 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 Portia Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Feb 2017 | 100080897 | Others | ₹450.48 Cr | Open |
To see the full charge records of Portia Properties Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Portia Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Portia Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Portia Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Portia Properties Private Limited, buy the company report.
Recent activity
Portia Properties Private Limited has 12 board changes on record since 2011: 2 appointments and 10 cessations. The latest: Srinivasa Rao Basavaraju ceased to be Additional Director on 29 Sep 2022.
5 earlier events are in the company report.
Frequently asked questions
Portia Properties is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 10 February 2004 (22+ years old) and is registered under CIN U01119TG2004PTC042612.
Portia Properties has 2 current directors:
- Srinivasa Rao Basavaraju - Director
- Venkatasrinivasa Rao Vissapragada - Director
The latest financial statements of Portia 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.
No. Portia Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Portia Properties is U01119TG2004PTC042612. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Portia Properties was incorporated on 10 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Portia Properties by revenue are Marutinandan Infrabuild Private Limited, Kalashdhan Projects Private Limited, The Ganges Printing Co Ltd, Happy Valley Realtors Private Limited, Sahitej Realtors Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Srinivasa Rao Basavaraju ceased to be Additional Director on 29 Sep 2022. Venkatasrinivasa Rao Vissapragada ceased to be Additional Director on 29 Sep 2022. Adi Babu Tokala ceased to be Director on 28 Dec 2021. Portia Properties has 12 board changes on record in total.
The registered office of Portia Properties is at Ilabs Centre Building 3 Plot No.18 Software Units Lay Out Madhapur, Hyderabad, Telangana, India – 500081.
Portia Properties operates in the real estate and construction industry, in the real estate marketing and sales segment.
Portia Properties has open charges of ₹450.48 Cr and no satisfied charges on record as per latest MCA filings.
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