About Prasiddhi Properties Private Limited
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Prasiddhi Properties Private Limited is a private limited company based in Bangalore, 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 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U07010KA2003PTC032864. Its GSTIN is 29AADCP2960L1Z0 (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Kondur Subramanyaraju and Nalini Kondur.
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 No 2535 1st Floor 9th A Cross 13th Main E Block Sahakarnagar, Bangalore, Karnataka, India – 560092.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.02 Cr. For the same year it recorded a net profit of ₹10.76 Lakh (net margin 10.5%) and EBITDA of ₹83.59 Lakh (EBITDA margin 82%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹15.34 Cr on record. Court records list 32 cases involving the company, including 10 filed by the company and 1 filed against it; 12 cases are 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 prasiddhigroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 2535 1st Floor 9th A Cross 13th Main E Block Sahakarnagar, Bangalore, Karnataka, India – 560092
- 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 Prasiddhi Properties Private Limited
The main business activity of Prasiddhi Properties is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | 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.
Auditor Details of Prasiddhi Properties Private Limited
Prasiddhi Properties Private Limited is audited by L T A & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L T A & CO | 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 Prasiddhi Properties Private Limited
Prasiddhi Properties has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondur Subramanyaraju | Director | 14 Nov 2003 | 22 Years 10 Months | Current |
| Nalini Kondur | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
Financials of Prasiddhi Properties Private Limited FY 2024 filings available
Prasiddhi Properties Private Limited reported revenue of ₹1.02 Cr for FY 2024.
Compounded Annual Growth Rate (CAGR) of Prasiddhi Properties Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years. EBITDA rose 38% 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 Prasiddhi Properties Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹83.59 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.76 Lakh | •••• | •••• | •••• | •••• |
| 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 Prasiddhi Properties Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 82% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.5% | •••• | •••• | •••• | •••• |
| 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 Prasiddhi Properties are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Prasiddhi Properties 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 Prasiddhi Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2016 | Karnataka Bank Ltd. | ₹4 Cr | Open |
| 14 Mar 2007 | Karnataka Bank Ltd. | ₹3 Cr | Open |
| 07 Apr 2016 | Karnataka Bank Ltd. | ₹6 Cr | Satisfied |
| 22 Mar 2012 | The Karnataka Bank Limited | ₹4 Cr | Satisfied |
| 21 Aug 2009 | The Karnataka State Financial Corporation | ₹4 Cr | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Prasiddhi Properties Private Limited
Employment history and EPFO contributions of people linked to Prasiddhi Properties.
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.
GST Compliance of Prasiddhi Properties Private Limited
Prasiddhi Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP2960L1Z0 | Karnataka | Active | 01 Jul 2017 |
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.
Legal Cases of Prasiddhi Properties Private Limited
Prasiddhi Properties Private Limited has 32 court cases on record: 10 filed by Prasiddhi Properties, 1 filed against it, 21 where it is another party. 12 cases are pending and 20 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 1 | 9 |
| High courts | 12 | 0 | 3 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against The Karnataka Bank Limited | Disposed |
| High Court of Karnataka | Writ petition | Company is another party | Pending |
| High Court of Karnataka | Appeal | Company is another party | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Company is another party | Pending |
Full case history
All 32 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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, Litigation & Regulatory Alerts for Prasiddhi Properties 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.
MSME Payment Delays by Prasiddhi Properties Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Prasiddhi Properties 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.
MCA Filings & Documents of Prasiddhi Properties 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.
Recent Activity on Prasiddhi Properties Private Limited
Frequently Asked Questions about Prasiddhi Properties Private Limited
Prasiddhi Properties is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 November 2003 (23+ years old) and is registered under CIN U07010KA2003PTC032864.
Prasiddhi Properties reported revenue of ₹1.02 Cr for FY 2024.
Prasiddhi Properties has 2 current directors:
- Kondur Subramanyaraju - Director
- Nalini Kondur - Director
Prasiddhi Properties reported a net profit of ₹10.76 Lakh (net margin 10.5%) and EBITDA of ₹83.59 Lakh (EBITDA margin 82%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Prasiddhi Properties is -19% over three years and -4% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Prasiddhi Properties is 29AADCP2960L1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Prasiddhi Properties is U07010KA2003PTC032864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prasiddhi Properties has 32 court cases on record: 10 filed by the company and 1 filed against it. 12 are pending. Most are in the district courts.
Prasiddhi Properties was incorporated on 14 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.