MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0225474
Rasa Sri Developers Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.25 Cr
▼ 37% YoY
Net profit · FY 2024
₹1.5 Cr
Net margin 8.2%
EBITDA · FY 2024
₹8.11 Cr
EBITDA margin 44.5%
Authorised capital
₹4.95 Cr
Registered with MCA
Paid-up capital
₹4.95 Cr
Issued & subscribed
Open charges
₹77.84 Cr
Satisfied ₹11.75 Cr
Company age
30 yrs
Est. 1996
Directors on board
5
As per MCA filings
About Rasa Sri Developers Private Limited
Data last updated:
Rasa Sri Developers 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 12 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1996PTC020967. Its GSTIN is 29AAACR6574P1ZJ (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors including Sreemannarayana Prathipati and Anjaneyulu Prathipati.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.25 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 8.2%) and EBITDA of ₹8.11 Cr (EBITDA margin 44.5%). Revenue has declined at a compounded annual rate (CAGR) of 42% over three years and 14% over five years.
The company is associated with 1 brand: Rasasri Developers. As per MCA filings, the company has open charges of ₹77.84 Cr and satisfied charges of ₹11.75 Cr on record. Court records list 38 cases involving the company, including 9 filed by the company and 29 filed against it; 13 cases are pending.
Rasa Sri Developers Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0225474). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rasasridevelopers.com.
Company details
CIN U85110KA1996PTC020967
Registration Number 020967
Incorporation Date 12 August 1996
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0225474
Key People
Sreemannarayana Prathipati Director Anjaneyulu Prathipati Director Nayudamma Yarlagadda Director Recognitions & Rankings of Rasa Sri Developers
Contact details
Rasa Sri Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is rasasridevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressIII Floor Rasasri Chambers No.18 Jaladharshini Layout New Bel Roa, D, Bangalore, Karnataka, India – 560054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Rasa Sri Developers Private Limited, buy the company report.
Comprehensive company report
Rasa Sri Developers Private Limited - one report that includes everything
- 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
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Brands
Rasa Sri Developers operates one associated brand: Rasasri Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for residential and commercial properties. | rasasridevelopers.com |
Business activity
The main business activity of Rasa Sri Developers 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 Rasa Sri Developers Private Limited, buy the company report.
Financials of Rasa Sri Developers Private Limited
FY 2024 filings availableRasa Sri Developers Private Limited reported revenue of ₹18.25 Cr (down 37% YoY) for FY 2024.
Revenue · FY 2024
₹18.25 Cr ▼ 37%
Net profit · FY 2024
₹1.5 Cr margin 8.2%
EBITDA · FY 2024
₹8.11 Cr margin 44.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 37%
3 years · compounded
▼ 42%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 40%
5 years · compounded
▼ 10%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 37% fall in the latest year. EBITDA rose 7% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹8.11 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.5 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.5% | ||||
| Net Profit Margin | 8.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rasa Sri Developers Private Limited, buy the company report.
Board of directors of Rasa Sri Developers Private Limited
Rasa Sri Developers has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sreemannarayana Prathipati Also directs: Phyto Chem (India) Limited, Prathipati Projects Private Limited | Director | 12 Aug 1996 | 30 Years 2 Months | Current |
| Anjaneyulu Prathipati | Director | 12 Aug 1996 | 30 Years 2 Months | Current |
| Nayudamma Yarlagadda Also directs: Phyto Chem (India) Limited, Prathipati Projects Private Limited, Rasasri Infrastructures Private Limited and 1 more | Director | 12 Aug 1996 | 30 Years 2 Months | Current |
| Subramanya Krishna Shastry | Director | 19 Mar 2015 | 11 Years 7 Months | Current |
| Subha Prathipati | Director | 25 Mar 2002 | 24 Years 7 Months | Current |
Peer comparison
Rasa Sri Developers Private Limited is compared with the 7 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lodha Estate P.Ltd. | ₹18.28 Cr (FY 2016) | 2000.0% | Mumbai, Maharashtra, India | |||
| Arjun Buildtech Private Limited | ₹18.28 Cr (FY 2025) | -12.0% | Kurukshetra, Haryana, India | |||
| Beforest Lifestyle Solutions Private Limited | ₹18.26 Cr (FY 2025) | 280.0% | Hyderabad, Telangana, India | |||
| Rasa Sri Developers Private Limitedthis company | ₹18.25 Cr (FY 2024) | ₹1.5 Cr | 8.2% | -37.0% | Bangalore, Karnataka, India | |
| J&V Infratech Private Limited | ₹18.25 Cr (FY 2024) | 113.0% | Gonda, Uttar Pradesh, India | |||
| Adani Estates Private Limited | ₹18.24 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India | |||
| Seventh Sense Reality Developers Private Limited | ₹18.23 Cr (FY 2024) | 225.0% | Chennai, Tamil Nadu, India | |||
| Guptha Infraventures and Constructions Private Limited | ₹18.22 Cr (FY 2024) | -35.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Rasa Sri Developers Private Limited, buy the company report.
Auditor
Rasa Sri Developers 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 Rasa Sri Developers 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 Rasa Sri Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹77.84 Cr
Satisfied charges
₹11.75 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2022 | 100634093 | Karnataka Bank Ltd. | ₹24 Cr | Open | |
| 11 Feb 2022 | 100563788 | Hdfc Bank Limited | ₹90.9 Lakh | Open | |
| 05 Jul 2019 | 100291012 | Others | ₹93.2 Lakh | Open | |
| 16 Feb 2018 | 100158716 | Others | ₹25 Cr | Open | |
| 12 Feb 2014 | 10482220 | The Karnataka Bank Limited | ₹10 Cr | Open |
To see the full charge records of Rasa Sri Developers Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Rasa Sri Developers Private Limited has 38 court cases on record: 9 filed by Rasa Sri Developers, 29 filed against it. 13 cases are pending and 25 are disposed.
Total cases
38
Filed by the company
9
Filed against the company
29
Pending
13
Disposed
25
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 22 | 12 |
| High courts | 9 | 7 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company | Pending |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Arbitration matter | Filed against the company by an individual | Pending |
To see the full case history of Rasa Sri 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 Rasa Sri Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rasa Sri Developers has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACR6574P1ZJ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rasa Sri Developers Private Limited, buy the company report.
Recent activity
Rasa Sri Developers Private Limited has 7 board changes on record since 1996: 5 appointments and 2 cessations. The latest: Subramanya Krishna Shastry ceased to be Additional Director on 30 Sep 2015.
AGM
Rasa Sri Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rasa Sri Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Karnataka Bank Ltd. amounted to Rs. 24.00 Cr with Charge ID 100634093 was registered on 17 Aug 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.91 Cr with Charge ID 100563788 was registered on 11 Feb 2022.
Charges
A charge with Others amounted to Rs. 0.93 Cr with Charge ID 100291012 was registered on 05 Jul 2019.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100158716 was registered on 16 Feb 2018.
Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 21 Nov 2013 with Charge ID 10467256 was modified on 26 Oct 2017.
Ceased
Subramanya Krishna Shastry ceased to be Additional Director.
Appointed
Subramanya Krishna Shastry was appointed as Director.
Charges
A charge registered on 27 Jun 2012 via Charge ID 10436283 with Corporation Bank was fully satisfied on 29 Oct 2014.
Ceased
Chunduru Venkateswarlu ceased to be Director.
Charges
A charge with The Karnataka Bank Limited amounted to Rs. 10.00 Cr with Charge ID 10482220 was registered on 12 Feb 2014.
9 earlier events are in the company report.
Frequently asked questions
Rasa Sri 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 12 August 1996 (30+ years old) and is registered under CIN U85110KA1996PTC020967.
Rasa Sri Developers has 5 current directors:
- Sreemannarayana Prathipati - Director
- Anjaneyulu Prathipati - Director
- Nayudamma Yarlagadda - Director
- Subramanya Krishna Shastry - Director
- Subha Prathipati - Director
The latest financial statements of Rasa Sri Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rasa Sri Developers is 29AAACR6574P1ZJ, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Rasa Sri Developers is U85110KA1996PTC020967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rasa Sri Developers has 38 court cases on record: 9 filed by the company and 29 filed against it. 13 are pending. Most are in the district courts.
Rasa Sri Developers was incorporated on 12 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Rasa Sri Developers by revenue are Lodha Estate P.Ltd, Arjun Buildtech Private Limited, Beforest Lifestyle Solutions Private Limited, J&V Infratech Private Limited, Adani Estates Private Limited and 2 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Subramanya Krishna Shastry ceased to be Additional Director on 30 Sep 2015. Subramanya Krishna Shastry was appointed as Director on 19 Mar 2015. Chunduru Venkateswarlu ceased to be Director on 14 Jul 2014. Rasa Sri Developers has 7 board changes on record in total.
Yes, Rasa Sri Developers is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0225474).
Rasa Sri Developers can be reached through the website rasasridevelopers.com. Its registered office is in Bangalore, Karnataka, India.