- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0052300

About Propurban Advisory Services Private Limited
Data last updated:
Propurban Advisory Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 10 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2016PTC093067. Its GSTIN is 29AAGCB7195L1ZY (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Indicasa Proptech Private Limited and Bluering Realtech Private Limited. It is led by directors including Tirupattur Abdur Rahaman and Jaffer Ali.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at #8 Commercial Tower 1st Floor Leonard Lane Richmond Town, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2022, the company reported a revenue of ₹12.37 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹55.31 Lakh (net margin -447.3%) and EBITDA of ₹64,653 (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 48% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
Court records list 16 cases involving the company, including 3 filed by the company and 13 filed against it; 3 cases are pending.
Propurban Advisory Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0052300). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website propurban.com.
Company details
Name history
Propurban Advisory Services has undergone 7 name changes throughout its history. The current legal name is Propurban Advisory Services Private Limited.
| Company Name | Status |
|---|---|
| Propurban Advisory Services Private Limited | Current |
| Indicasa Proptech Private Limited | Previous |
| Bluering Realtech Private Limited | Previous |
| Indicasa Realtech Private Limited | Previous |
| Propurban India Private Limited | Previous |
| Propurban International Private Limited | Previous |
| Propurban Realty Private Limited | Previous |
| Propurban Global Private Limited | Previous |
Recognitions & Rankings of Propurban Advisory Services
Contact details
Propurban Advisory Services Private Limited's registered office is in Bangalore, Karnataka. Its website is propurban.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#8 Commercial Tower 1st Floor Leonard Lane Richmond Town, Bangalore, Karnataka, India – 560025
- IndustryInternet, Online Real Estate Platforms
To see the full contact details of Propurban Advisory Services 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 Propurban Advisory Services is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Propurban Advisory Services Private Limited, buy the company report.
Financials of Propurban Advisory Services Private Limited
FY 2022 filings availablePropurban Advisory Services Private Limited reported revenue of ₹12.37 Lakh (down 90% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA fell 99% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹64,653 | ||||
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| Net Profit (PAT) | -₹55.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | ||||
| Net Profit Margin | -447.3% | ||||
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To see the full financial statements and ratios of Propurban Advisory Services Private Limited, buy the company report.
Board of directors of Propurban Advisory Services Private Limited
Propurban Advisory Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tirupattur Abdur Rahaman | Director | 10 May 2016 | 10 Years 5 Months | Current |
| Jaffer Ali Also directs: Indicasa Proptech Private Limited | Director | 10 May 2016 | 10 Years 5 Months | Current |
| Mir Faizan Ali Also directs: Indicasa Proptech Private Limited | Director | 10 Jan 2017 | 9 Years 9 Months | Current |
Peer comparison
Propurban Advisory Services Private Limited is compared with the 3 companies closest to it by revenue in the Ecommerce and Internet industry (Real Estate Services), with the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarvsiddhi Real Estate Services Private Limited | ₹14.16 Lakh (FY 2025) | 40.0% | Patna, Bihar, India | |||
| Castle Property Network Private Limited | ₹13.42 Lakh (FY 2024) | Raigad, Maharashtra, India | ||||
| Propurban Advisory Services Private Limitedthis company | ₹12.37 Lakh (FY 2022) | -₹55.31 Lakh | -447.3% | -90.0% | 16 | Bangalore, Karnataka, India |
| Housing Buddha Private Limited | ₹12 Lakh (FY 2025) | 200.0% | Indirapuram, Uttar Pradesh, India |
To see the full peer comparison of Propurban Advisory Services Private Limited, buy the company report.
Auditor
Propurban Advisory Services Private Limited is audited by HARISH BASAVARAJ & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISH BASAVARAJ & CO | FY 2019 | 013098S |
Shareholding
The shareholding of Propurban Advisory Services Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Propurban Advisory Services Private Limited, buy the company report.
Legal cases
Propurban Advisory Services Private Limited has 16 court cases on record: 3 filed by Propurban Advisory Services, 13 filed against it. 3 cases are pending and 13 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 13 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Encore Asset Reconstruction Company Private Limited (Encore Arc) | Pending |
| District court, Central, Delhi | Cheque dishonour complaint | Filed against the company by Encore Asset Reconstruction Company Pvt. Ltd. | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Indostar Capital Finance Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal miscellaneous application | Filed against the company by Icici Bank Limited Rep. by A.O. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Indostar Capital Finance Limited | Disposed |
To see the full case history of Propurban Advisory Services 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 Propurban Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Propurban Advisory Services Private Limited has a workforce of 16 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Propurban Advisory Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCB7195L1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Propurban Advisory Services Private Limited, buy the company report.
Recent activity
Propurban Advisory Services Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Tirupattur Abdur Rahaman ceased to be Director on 16 Mar 2020.
Frequently asked questions
Propurban Advisory Services is an active private limited company based in Bangalore, Karnataka, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 10 May 2016 (10+ years old) and is registered under CIN U70109KA2016PTC093067.
Propurban Advisory Services has 3 current directors:
- Tirupattur Abdur Rahaman - Director
- Jaffer Ali - Director
- Mir Faizan Ali - Director
The latest financial statements of Propurban Advisory Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Propurban Advisory Services is 29AAGCB7195L1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Propurban Advisory Services is U70109KA2016PTC093067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Propurban Advisory Services has 16 court cases on record: 3 filed by the company and 13 filed against it. 3 are pending. Most are in the district courts.
Propurban Advisory Services was incorporated on 10 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Propurban Advisory Services by revenue are Sarvsiddhi Real Estate Services Private Limited, Castle Property Network Private Limited, Housing Buddha Private Limited, all in the Ecommerce and Internet industry (Real Estate Services), with the same principal business activity (real estate activities on fee or contract basis).
Tirupattur Abdur Rahaman ceased to be Director on 16 Mar 2020. Mir Faizan Ali was appointed as Director on 10 Jan 2017. Mir Faizan Ali ceased to be Additional Director on 10 Jan 2017. Propurban Advisory Services has 5 board changes on record in total.
Yes, Propurban Advisory Services is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0052300).
Propurban Advisory Services can be reached through the website propurban.com. Its registered office is in Bangalore, Karnataka, India.

