About Pride and Expert Properties Private Limited
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Pride and Expert 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 15 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC019850. Its GSTIN is 29AAACE4356J1ZG (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.52 Cr. It was formerly known as Expert Properties Private Limited. It is led by directors including Sanwar Mal Jain (Whole-Time Director) and Bangalore Ravindra Ramamurthy (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pride Hulkul 901 9th Floor # 116 Lalbagh Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.26 Cr, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹100 Lakh (net margin -44.2%) and EBITDA of -₹78.53 Lakh (EBITDA margin -34.7%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 45% over five years.
The company has about 33 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: PrideGroup. As per MCA filings, the company has satisfied charges of ₹125.03 Cr on record. Court records list 46 cases involving the company, including 19 filed by the company and 27 filed against it; 18 cases are pending. The company has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.2 Cr; the latest was in March 2024. The company has 9 MSME Form 1 returns on record between 2019 and 2022, listing 91 overdue payments to 21 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 pridegroup.net.
Company details
CIN history
Pride and Expert Properties has one previous CIN (Corporate Identification Number): U70102KA1996PTC019850. The current CIN is U85110KA1996PTC019850, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1996PTC019850 | Current |
| U70102KA1996PTC019850 | Previous |
Contact details
Pride and Expert Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is pridegroup.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPride Hulkul 901 9th Floor # 116 Lalbagh Road, Bangalore, Karnataka, India – 560027
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Pride and Expert 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
Pride and Expert Properties operates one associated brand: PrideGroup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pride Group develops residential apartments, villas, and commercial projects in key Indian cities. | pridegroup.net |
Business activity
The main business activity of Pride and Expert Properties 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 Pride and Expert Properties Private Limited, buy the company report.
Financials of Pride and Expert Properties Private Limited
FY 2024 filings availablePride and Expert Properties Private Limited reported revenue of ₹2.26 Cr (down 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 96% fall in the latest year. EBITDA fell 103% 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 |
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| EBITDA | -₹78.53 Lakh | ||||
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| Net Profit (PAT) | -₹100 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -34.7% | ||||
| Net Profit Margin | -44.2% | ||||
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To see the full financial statements and ratios of Pride and Expert Properties Private Limited, buy the company report.
Board of directors of Pride and Expert Properties Private Limited
Pride and Expert Properties has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Pride and Expert Properties Private Limited is audited by S. Janardhan & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Janardhan & Associates | FY 2022 | 005310S |
Shareholding
The shareholding of Pride and Expert Properties Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pride and Expert Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2014 | 10481915 | Pnb Housing Finance Limited | ₹25 Cr | Satisfied | |
| 10 Feb 2014 | 10481921 | Pnb Housing Finance Limited | ₹30 Cr | Satisfied | |
| 19 May 2011 | 10290491 | Others | ₹20 Cr | Satisfied | |
| 14 Jul 2010 | 10233892 | Karnataka Bank Ltd. | ₹10 Cr | Satisfied | |
| 19 Jan 2010 | 10197749 | The Federal Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Pride and Expert Properties Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Pride and Expert Properties Private Limited has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.2 Cr; the latest was in March 2024.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Seller: Expert Developers Private Limited |
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Spenlo Business Pvt Ltd , Behari Lal Jain & Sons Private Limited, 2 individuals |
| Nov 2022 | Secondary share transfer | Undisclosed | Seller: Expert Realtors Private Limited , an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Seller: S P Capital Financing Ltd , Embassy Apartments Private Limited , Champion Properties Private Limited |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Expert Realtors Private Limited |
To see the full deal history of Pride and Expert Properties Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pride and Expert Properties Private Limited has 46 court cases on record: 19 filed by Pride and Expert Properties, 27 filed against it. 18 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 22 | 13 |
| High courts | 16 | 5 | 5 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Commercial suit | Filed against the company by M/S Achal Housing LLP Through Partner Rajesh Dwarkaprasad Bansal | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Sobha Projects and Trade Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against M/S B P L Limited | Disposed |
| High Court of Karnataka | Revision petition | Filed by the company against M/S B.P.L. Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company | Pending |
To see the full case history of Pride and Expert Properties 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
Pride and Expert Properties Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 91 overdue payments to 21 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 21)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Bath World | |||
| Prem Plumbings Private Limited | |||
| Abhikalpan Architects & Planners | |||
| an individual supplier | |||
| Arnk Interiors |
To see the full MSME payment records of Pride and Expert Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Pride and Expert Properties has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sunguard Construction Pvt Ltd | U70102KA2006PTC119817 |
To see the full group structure of Pride and Expert Properties Private Limited, buy the company report.
Employees & EPFO
Pride and Expert Properties Private Limited has a workforce of 33 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Pride and Expert Properties has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACE4356J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pride and Expert Properties Private Limited, buy the company report.
Recent activity
Pride and Expert Properties Private Limited has 9 board changes on record since 1996: 5 appointments and 4 cessations. The latest: Arvind Premchand Jain ceased to be Director on 01 Jun 2016.
23 earlier events are in the company report.
News
Frequently asked questions
Pride and Expert 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 15 February 1996 (30+ years old) and is registered under CIN U85110KA1996PTC019850.
Pride and Expert Properties has 5 current directors:
- Sanwar Mal Jain - Whole-Time Director
- Bangalore Ravindra Ramamurthy - Whole-Time Director
- Arvind Premchand Jain - Whole-Time Director
- Murari Saraogi Lal - Whole-Time Director
- Siddharth Rajgarhia Sushilkumar - Whole-Time Director
The latest financial statements of Pride and Expert Properties on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pride and Expert Properties is 29AAACE4356J1ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Pride and Expert Properties is U85110KA1996PTC019850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pride and Expert Properties has 46 court cases on record: 19 filed by the company and 27 filed against it. 18 are pending. Most are in the district courts.
Pride and Expert Properties was incorporated on 15 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Pride and Expert Properties has 12 deals on record (10 secondary share transfers, 2 funding rounds), with disclosed funding of ₹9.2 Cr; the latest was in March 2024.
Arvind Premchand Jain ceased to be Director on 01 Jun 2016. Bangalore Ravindra Ramamurthy ceased to be Director on 01 Jun 2016. Murari Saraogi Lal ceased to be Director on 01 Jun 2016. Pride and Expert Properties has 9 board changes on record in total.
Pride and Expert Properties has 9 MSME Form 1 returns on record between 2019 and 2022, listing 91 overdue payments to 21 micro and small suppliers. The latest return was filed on 13 Nov 2022.
Pride and Expert Properties can be reached through the website pridegroup.net. Its registered office is in Bangalore, Karnataka, India.
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