About Prestige Projects Private Limited
Data last updated:
Prestige Projects Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Prestige Estates Projects Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2008PTC046784. Its GSTIN is 29AAECP7361E1Z9 (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.66 Cr. It is led by directors including Neelam Chhiber and Badrunissa Irfan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Prestige Falcon Tower No.19 Brunton Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹340.29 Cr, a decline of 69% compared to the previous year. For the same year it recorded a net profit of ₹15.39 Cr (net margin 4.5%) and EBITDA of ₹311.19 Cr (EBITDA margin 91.4%). Revenue has grown at a compounded annual rate (CAGR) of 213% over three years and 590% over five years.
The company has about 71 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,500 Cr and satisfied charges of ₹3,385 Cr on record. Court records list 89 cases involving the company, including 4 filed by the company and 85 filed against it; 58 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in December 2017. 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, 3 larger and 2 smaller; the largest is Ambience Developers & Infrastructure Private Limited. with revenue of ₹342.56 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 14 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prestigeconstructions.com.
Company details
Contact details
Prestige Projects Private Limited's registered office is in Bangalore, Karnataka. Its website is prestigeconstructions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrestige Falcon Tower No.19 Brunton Road, Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Prestige Projects 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
Business activity
The main business activity of Prestige Projects is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Prestige Projects Private Limited, buy the company report.
Financials of Prestige Projects Private Limited
FY 2025 filings availablePrestige Projects Private Limited reported revenue of ₹340.29 Cr (down 69% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 69% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 590%. EBITDA fell 24% 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 |
|---|---|---|---|---|---|
| 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 | ₹311.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.39 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.4% | ||||
| Net Profit Margin | 4.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Prestige Projects Private Limited, buy the company report.
Board of directors of Prestige Projects Private Limited
Prestige Projects has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Chhiber Also directs: Prestige Estates Projects Limited, Indus Tree Crafts Limited, Flourish Planet Private Limited and 3 more | Director | 03 Aug 2022 | 4 Years 2 Months | Current |
| Badrunissa Irfan Also directs: Prestige Valley View Estates LLP, Apex Realty Ventures LLP, Apex Realty Management Private Limited and 5 more | Director | 28 Mar 2015 | 11 Years 6 Months | Current |
| Zayd Noaman Also directs: Apex Realty Management Private Limited, Shipco Infrastructure Private Limited, Avyakth Cold Storages Private Limited and 5 more | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Srinivasarao Nagabhushana Rao Nagendra Also directs: Prestige Estates Projects Limited, Prestige Sterling Infraprojects Private Limited, Four Bricks Infra-Ventures LLP and 5 more | Director | 06 Dec 2023 | 2 Years 10 Months | Current |
Peer comparison
Prestige Projects 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 |
|---|---|---|---|---|---|---|
| Ambience Developers & Infrastructure Private Limited. | ₹342.56 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| L&T Realty Properties Limited | ₹342.11 Cr (FY 2025) | -80.0% | Mumbai, Maharashtra, India | |||
| Seaview Developers Private Limited | ₹342.01 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Prestige Projects Private Limitedthis company | ₹340.29 Cr (FY 2025) | ₹15.39 Cr | 4.5% | -69.0% | 71 | Bangalore, Karnataka, India |
| Wonder Space Properties Private Limited | ₹338.31 Cr (FY 2020) | 5591.0% | Mumbai, Maharashtra, India | |||
| Khivraj Tech Park Private Limited | ₹337.86 Cr (FY 2024) | 33.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Prestige Projects Private Limited, buy the company report.
Auditor
Prestige Projects Private Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of Prestige Projects 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 Prestige Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jan 2025 | 101043028 | Others | ₹400 Cr | Open | |
| 10 Jan 2025 | 101145727 | Others | ₹500 Cr | Open | |
| 26 Sep 2024 | 100985574 | Others | ₹400 Cr | Open | |
| 07 Mar 2024 | 100899446 | Others | ₹200 Cr | Open | |
| 29 May 2024 | 100939819 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Prestige Projects Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Prestige Projects Private Limited has 1 deal on record (1 acquisition); the latest was in December 2017.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Acquisition | ₹324.56 Cr | Buyer: Prestige Estates Projects Limited Seller: Rising Straits Investment Advisory & Infrastructure Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Prestige Projects Private Limited has 89 court cases on record: 4 filed by Prestige Projects, 85 filed against it. 58 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 81 | 78 | 54 |
| High courts | 8 | 7 | 4 |
Cases on record (5 of 89)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Khodays Breweries Private Limited, and 1 other | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Tdi Infratech Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Prestige Projects 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
Prestige Projects Private Limited was last rated by Icra on 14 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Jan 2022 |
To see the full credit ratings and regulatory alerts of Prestige Projects Private Limited, buy the company report.
MSME payment delays
Prestige Projects Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 14 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Rock and Stones | |||
| Everest Developments Pvt Ltd | |||
| RSP Design Consultants (India) Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Prestige Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Prestige Projects Private Limited has a workforce of 71 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Prestige Projects has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP7361E1Z9 | Karnataka | Active | 01 Jul 2017 |
| 36AAECP7361E1ZE | Telangana | Active | 05 Aug 2022 |
| 27AAECP7361E1ZD | Maharashtra | Active | 28 Feb 2023 |
| 09AAECP7361E1ZB | Uttar Pradesh | Active | 10 Jun 2024 |
To see the full GST registrations and return filing status of Prestige Projects Private Limited, buy the company report.
Recent activity
Prestige Projects Private Limited has 26 board changes on record since 2008: 15 appointments and 11 cessations. The latest: Almas Rezwan ceased to be Director on 16 Dec 2025.
38 earlier events are in the company report.
News
Frequently asked questions
Prestige Projects 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 13 June 2008 (18+ years old) and is registered under CIN U45201KA2008PTC046784.
Prestige Projects has 4 current directors:
- Neelam Chhiber - Director
- Badrunissa Irfan - Director
- Zayd Noaman - Director
- Srinivasarao Nagabhushana Rao Nagendra - Director
The latest financial statements of Prestige Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Prestige Projects is 29AAECP7361E1Z9, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 36AAECP7361E1ZE (Telangana), 27AAECP7361E1ZD (Maharashtra), 09AAECP7361E1ZB (Uttar Pradesh).
The CIN (Corporate Identification Number) of Prestige Projects is U45201KA2008PTC046784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prestige Projects has 89 court cases on record: 4 filed by the company and 85 filed against it. 58 are pending. Most are in the district courts.
Prestige Projects was incorporated on 13 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Prestige Projects has 1 deal on record (1 acquisition); the latest was in December 2017.
The peers of Prestige Projects by revenue are Ambience Developers & Infrastructure Private Limited, L&T Realty Properties Limited, Seaview Developers Private Limited, Wonder Space Properties Private Limited, Khivraj Tech Park 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).
Almas Rezwan ceased to be Director on 16 Dec 2025. Sameera Noaman ceased to be Director on 16 Dec 2025. Zayd Noaman was appointed as Director on 01 Oct 2024. Prestige Projects has 26 board changes on record in total.
Prestige Projects has 6 MSME Form 1 returns on record between 2019 and 2021, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 16 Jul 2021.
Prestige Projects can be reached through the website prestigeconstructions.com. Its registered office is in Bangalore, Karnataka, India.