Propcare Developers Private Limited - Company Profile

It is a real estate and construction private limited company based in Bangalore North, Karnataka, India, established in 1990.

1990 Bangalore North, Karnataka, India Active

Last Updated: December 22, 2025

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About Propcare Developers Private Limited

Propcare Developers Private Limited, a active private limited company, was established on 06 December 1990 in Bangalore North, Karnataka, India. Engaging in real estate builders & developers within the real estate sector, it holds CIN: U70102KA1990PTC027924. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹110.00 Cr and a paid-up capital of ₹46.19 Cr.

Formerly known as Glory Estate Pvt Ltd. It upholds a compliant status. Employing 209 professional, Its leadership includes Mohankumar Singapura Jayanna (Director), Methuku Srinivas (Director). Past directors included Sushil Pandurang Mantri, Rajesh Omkarnath Malpani, Rajat Tandon. It holds ₹6,586.72 Cr open charges and ₹6,420.77 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at C-5, Rich Homes,, No 5/1, Richmond Road, Bangalore, Bangalore North, Karnataka, 560025.

Company Details

CIN/LLPIN
U70102KA1990PTC027924
Registration Number
027924
Incorporation Date
06 December 1990
Authorized Capital
₹110.00 Cr
Paid-Up Capital
₹46.19 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 110.00 Cr as on 22-12-2025
Paid Up Capital ₹ 46.19 Cr as on 22-12-2025
Company Age 35 Year, 2 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 6,586.72 Cr as on 22-12-2025
Satisfied Charges ₹ 6,420.77 Cr as on 22-12-2025
Revenue Growth **** 102.28% (FY 2023)
Profit Growth **** -537.10% (FY 2023)
Ebitda **** -346.15% (FY 2023)
Net Worth -16.37% (FY 2023)
Total Assets -9.58% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Propcare Developers Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Propcare Developers Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Mohankumar Singapura Jayanna	Director	25 Mar 2024	Current
Methuku Srinivas	Director	25 Mar 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Managing Director	22 May 2020	Past
Pramod Abcsdd	Director	17 Mar 2017	Past
Pramod Abcsdd	Alternate Director	08 Feb 2016	Past
Pramod Abcsdd	Alternate Director	21 Aug 2013	Past
Pramod Abcsdd	Company Secretary	15 Sep 2017	Past
Pramod Abcsdd	Company Secretary	30 Sep 2014	Past

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Financial Performance of Propcare Developers.

Propcare Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 102.28% increase. The company also saw a substantial fall in profitability, with a 537.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.37%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

102.28%

*******

Revenue from Operations

*******

116.32%

*******

Total Assets

*******

-9.58%

*******

Profit or Loss

*******

-537.10%

*******

Net Worth

*******

-16.37%

*******

EBITDA

*******

-346.15%

*******

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What is the Ownership and Shareholding Structure of Propcare Developers?

In 2023, Propcare Developers had a promoter holding of 90.00% and a public holding of 9.99%. The company had 21 Subsidiaries, 3 Joint Ventures and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹65,867,177,695.00

Satisfied Charges

₹64,207,700,000.00

Charges Breakdown by Lending Institutions

Others : 6586.72 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Jan 2024	Others	₹460.00 Cr	Open
17 Jun 2020	Others	₹125.00 Cr	Open
20 Mar 2020	Others	₹621.42 Cr	Open
17 Oct 2019	Others	₹310.00 Cr	Open
20 Sep 2019	Others	₹260.00 Cr	Open

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How Many Employees Work at Propcare Developers?

Propcare Developers has a workforce of 209 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Propcare Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Propcare Developers's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Propcare Developers

Recent Activity within the Organization

Charges

A charge registered on 09 Jul 2015 via Charge ID 10586062 with Yes Bank Limited was fully satisfied on 11 Apr 2025. was recorded as a recent event.
11 Apr 2025
Charges

A charge registered on 21 Aug 2015 via Charge ID 10598098 with Il & Fs Trust Company Limited was fully satisfied on 06 Mar 2025. was recorded as a recent event.
06 Mar 2025
Charges

A charge registered on 14 Aug 2015 via Charge ID 10591304 with Xander Finance Private Limited was fully satisfied on 29 Jan 2025. was recorded as a recent event.
29 Jan 2025
Charges

The activity A charge registered on 14 Aug 2015 via Charge ID 10591306 with Xander Finance Private Limited was fully satisfied on 29 Jan 2025. was completed.
29 Jan 2025
Charges

The activity A charge registered on 29 Mar 2016 via Charge ID 100020821 with Others was fully satisfied on 12 Dec 2024. was completed.
12 Dec 2024
Charges

A charge registered on 30 Sep 2020 via Charge ID 100380962 with Sbicap Trustee Company Limited was fully satisfied on 25 Nov 2024. was recorded as a recent event.
25 Nov 2024

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