About Orchids Elite Developers Private Limited
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Orchids Elite Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Golden Gate Holding Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2008PTC045883. Its GSTIN is 29AAECP8589Q2Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹34.97 Cr. It is led by directors Kanukolanu Satish Sambamurthy and Ravishankar Panchaksharaiah.
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 Flat No.A – 001 Hanging Garden 77/2 Nagawara Village, Bangalore, Karnataka, India – 560077.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.23 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹3.58 Cr (net margin 68.5%) and EBITDA of ₹3.58 Cr (EBITDA margin 68.5%). Revenue has declined at a compounded annual rate (CAGR) of 23% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹55 Cr and satisfied charges of ₹74.5 Cr on record. Court records list 17 cases involving the company, including 7 filed by the company and 10 filed against it; 9 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹30 Cr; the latest was in September 2013.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ggproperties.com.
Company details
Contact details
Orchids Elite Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is ggproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No.A – 001 Hanging Garden 77/2 Nagawara Village, Bangalore, Karnataka, India – 560077
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Orchids Elite Developers 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 Orchids Elite Developers 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 Orchids Elite Developers Private Limited, buy the company report.
Financials of Orchids Elite Developers Private Limited
FY 2024 filings availableOrchids Elite Developers Private Limited reported revenue of ₹5.23 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 23%. EBITDA rose 390% 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 | ₹3.58 Cr | ||||
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| Net Profit (PAT) | ₹3.58 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 68.5% | ||||
| Net Profit Margin | 68.5% | ||||
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To see the full financial statements and ratios of Orchids Elite Developers Private Limited, buy the company report.
Board of directors of Orchids Elite Developers Private Limited
Orchids Elite Developers has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanukolanu Satish Sambamurthy Also directs: Go Gaming Online Private Limited, Golden Gate Holding Private Limited, Golden Gate Properties Limited and 2 more | Director | 28 Aug 2019 | 7 Years 2 Months | Current |
| Ravishankar Panchaksharaiah Also directs: Spar Affordable Housing Projects Private Limited, Hoba Estates Limited, Go Gaming Online Private Limited and 1 more | Director | 17 May 2018 | 8 Years 5 Months | Current |
Shareholding
The shareholding of Orchids Elite Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Orchids Elite Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2019 | 100248135 | Others | ₹28 Cr | Open | |
| 24 Jul 2014 | 10515267 | Andhra Bank | ₹27 Cr | Open | |
| 24 Aug 2015 | 10599114 | Hdb Financial Services Limited | ₹3.14 Cr | Satisfied | |
| 18 Jun 2014 | 10511332 | Hdb Financial Services Limited | ₹1.8 Cr | Satisfied | |
| 04 Jun 2014 | 10508232 | Hdb Financial Services Limited | ₹5.95 Cr | Satisfied |
To see the full charge records of Orchids Elite Developers Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Orchids Elite Developers Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹30 Cr; the latest was in September 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2013 | Funding round | ₹30 Cr | Investors: Milestone Capital |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Orchids Elite Developers Private Limited has 17 court cases on record: 7 filed by Orchids Elite Developers, 10 filed against it. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 7 | 7 |
| District courts | 5 | 3 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Nestoya Homes Pvt Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S RG Unique Structures Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S Nestoya Homes Pvt Ltd | Pending |
| High Court | Writ petition | Filed against the company by M/S Nestoya Homes Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Biotech Pvt Ltd and 1 other | Disposed |
To see the full case history of Orchids Elite Developers 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 Orchids Elite Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Orchids Elite Developers Private Limited has a workforce of 10 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Orchids Elite Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECP8589Q2Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Orchids Elite Developers Private Limited, buy the company report.
Recent activity
Orchids Elite Developers Private Limited has 13 board changes on record since 2009: 2 appointments and 11 cessations. The latest: Amarnath Devaki ceased to be Director on 18 Jan 2020.
19 earlier events are in the company report.
Frequently asked questions
Orchids Elite Developers 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 01 April 2008 (18+ years old) and is registered under CIN U70102KA2008PTC045883.
Orchids Elite Developers has 2 current directors:
- Kanukolanu Satish Sambamurthy - Director
- Ravishankar Panchaksharaiah - Director
The latest financial statements of Orchids Elite Developers 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 Orchids Elite Developers is 29AAECP8589Q2Z3, 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 Orchids Elite Developers is U70102KA2008PTC045883. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Orchids Elite Developers has 17 court cases on record: 7 filed by the company and 10 filed against it. 9 are pending. Most are in the high courts.
Orchids Elite Developers was incorporated on 01 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Orchids Elite Developers has 1 deal on record (1 funding round), with disclosed funding of ₹30 Cr; the latest was in September 2013.
Amarnath Devaki ceased to be Director on 18 Jan 2020. Kanukolanu Satish Sambamurthy ceased to be Additional Director on 30 Sep 2019. Kanukolanu Satish Sambamurthy was appointed as Director on 28 Aug 2019. Orchids Elite Developers has 13 board changes on record in total.
Orchids Elite Developers can be reached through the website ggproperties.com. Its registered office is in Bangalore, Karnataka, India.