About Propcare Developers Private Limited
Data last updated: 22 December 2025
Propcare Developers Private Limited is a private limited company based in Bangalore North, Karnataka, India, a subsidiary of Plaza Agencies Private Limited. It specialises in real estate development and construction, a part of the broader real estate and construction sector. Incorporated on 06 December 1990, the company has been in operation for over 36 years.
Registered with ROC Bangalore under CIN U70102KA1990PTC027924.
Capital: an authorised share capital of ₹110 Cr and a paid-up capital of ₹46.19 Cr. Formerly known as Glory Estate Pvt Ltd. It is led by directors Mohankumar Singapura Jayanna and Methuku Srinivas.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹244.29 Cr, a decline of 64% compared to the previous year.
The company has a workforce of approximately 209 employees as per the latest available data. It operates as a subsidiary of Plaza Agencies Private Limited. Its group structure includes 21 subsidiaries and 3 joint ventures.
As per MCA filings, the company has open charges of ₹6,586.72 Cr and satisfied charges of ₹6,420.77 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantri.in.
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Registered AddressC – 5 Rich Homes, No 5/1 Richmond Road Bangalore, Bangalore North, Karnataka, India – 560025
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IndustryReal Estate and Construction, Real Estate Builders & Developers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Propcare Developers Private Limited
Propcare Developers Private Limited has one previous CIN (Corporate Identification Number): U70102KA2000PTC027924. The current CIN is U70102KA1990PTC027924, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102KA1990PTC027924 | Current |
| U70102KA2000PTC027924 | Previous |
Business Activity of Propcare Developers Private Limited
Propcare Developers Private Limited is engaged in the principal business activity of real estate, with detailed activities including real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details for Propcare Developers Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Propcare Developers Private Limited
Propcare Developers Private Limited is audited by K.K. Rao & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K.K. Rao & Associates | Locked | Locked | Locked |
Complete auditor history for Propcare Developers Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Propcare Developers Private Limited
Propcare Developers Private Limited is currently managed by 2 directors, with 26 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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Mohankumar Singapura Jayanna
Also directs:
Agara Techzone Private Limited, Pvk Shelters (India) Private Limited, Trigate Infrastructure Private Limited and 5 more
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Director | 25 Mar 2024 | 2 Years 4 Months | Current |
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Methuku Srinivas
Also directs:
Castles Vista Private Limited, Pratibha Realtors Private Limited, Minerva Infra Tech Private Limited and 5 more
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Director | 25 Mar 2024 | 2 Years 4 Months | Current |
Financials of Propcare Developers Private Limited FY 2024 filings available
Propcare Developers Private Limited reported revenue of ₹244.29 Cr (down 64.00% YoY) for FY 2024.
Ten-year financial statements for Propcare Developers Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Ownership and Shareholding of Propcare Developers Private Limited
Shareholding and ownership data for Propcare Developers Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Propcare Developers Private Limited
Propcare Developers Private Limited has 21 subsidiary companies, 3 joint ventures, and 3 associated companies. This group structure data is as of FY 2023. The corporate group structure reflects Propcare Developers Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Castles Vista Private Limited | U07010KA2004PTC035164 | Locked |
| Vismay Realtors Private Limited | U07010KA2004PTC035169 | Locked |
| Minerva Infra Tech Private Limited | U45200KA2007PTC044485 | Locked |
| Hamara Shelters Private Limited | U45201KA2000PTC026181 | Locked |
| Inesh Realtors Private Limited | U45201KA2006PTC039177 | Locked |
| Deeta Constructions Private Limited | U45201KA2006PTC039180 | Locked |
Showing major subsidiaries. Total: 21.
Charges & Borrowings of Propcare Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2024 | Others | ₹460 Cr | Open |
| 17 Jun 2020 | Others | ₹125 Cr | Open |
| 20 Mar 2020 | Others | ₹621.42 Cr | Open |
| 17 Oct 2019 | Others | ₹310 Cr | Open |
| 20 Sep 2019 | Others | ₹260 Cr | Open |
Total charge records: 79 View all charges
Employees and EPFO Compliance at Propcare Developers Private Limited
Propcare Developers Private Limited has a workforce of 209 employees as of Apr 07, 2024.
Employee and EPFO history for Propcare Developers Private Limited
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- Monthly headcount
- PF contributions
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GST Compliance of Propcare Developers Private Limited
GST registrations and filing compliance for Propcare Developers Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Propcare Developers Private Limited
Credit ratings, litigation, and regulatory alerts for Propcare Developers Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Propcare Developers Private Limited
MSME payment history for Propcare Developers Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Propcare Developers Private Limited
Corporate group structure for Propcare Developers Private Limited
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- Parent company
- Subsidiaries and ownership
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MCA Filings & Documents of Propcare Developers Private Limited
MCA filings and documents for Propcare Developers Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Propcare Developers Private Limited
Recent News on Propcare Developers Private Limited
Frequently Asked Questions about Propcare Developers Private Limited
Propcare Developers Private Limited is an active private limited company in the real estate and construction sector based in Bangalore North, Karnataka, India. It was incorporated on 06 December 1990 (36+ years old) and is registered under CIN U70102KA1990PTC027924. The company has 209 employees.
Propcare Developers Private Limited reported revenue of ₹244.29 Cr for FY 2024 (down 64.00% YoY).
The current directors of Propcare Developers Private Limited are:
- Mohankumar Singapura Jayanna - Director
- Methuku Srinivas - Director
The primary industry of Propcare Developers Private Limited is real estate and construction. The company specifically operates in real estate builders and developers. The company is currently active in this sector.
Propcare Developers Private Limited can be reached at the registered office: C – 5 Rich Homes, No 51 Richmond Road Bangalore, Bangalore North, Karnataka, India – 560025, or through the website mantri.in.
The authorised capital is ₹110 Cr, and the paid-up capital is ₹46.19 Cr.