Saisrushti (Kengeri) Projects Private Limited
About Saisrushti (Kengeri) Projects Private Limited
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Saisrushti (Kengeri) Projects Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Saisrushti Holding Llp. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70200KA2018PTC112101. Its GSTIN is 29ABACS1392M1ZW (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Haritha Nayani and Suresh Kumar Sadipiralla.
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 537 Sri Rama Towers 100 Feet Rd Amarjyoti Layout, Bengaluru, Karnataka, India – 560071.
As per the financials filed for FY 2025, the company reported a revenue of ₹14.82 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹63.55 Lakh (net margin 4.3%) and EBITDA of ₹94.37 Cr.
As per MCA filings, the company has open charges of ₹1,345 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending. The company has 2 deals on record (1 debt financing, 1 secondary share transfer), with disclosed funding of ₹340 Cr; the latest was in May 2022.
Company details
Contact details
Saisrushti (Kengeri) Projects Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address537 Sri Rama Towers 100 Feet Rd Amarjyoti Layout, Bengaluru, Karnataka, India – 560071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Saisrushti (Kengeri) Projects 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 Saisrushti (Kengeri) Projects is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Saisrushti (Kengeri) Projects Private Limited, buy the company report.
Financials of Saisrushti (Kengeri) Projects Private Limited
FY 2024 filings availableSaisrushti (Kengeri) Projects Private Limited reported revenue of ₹14.82 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year. EBITDA rose 17% 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 | ₹94.37 Cr | ||||
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| Net Profit (PAT) | ₹63.55 Lakh | ||||
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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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| Net Profit Margin | 4.3% | ||||
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To see the full financial statements and ratios of Saisrushti (Kengeri) Projects Private Limited, buy the company report.
Board of directors of Saisrushti (Kengeri) Projects Private Limited
Saisrushti (Kengeri) Projects has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Haritha Nayani Also directs: Rani Rasmoni Esates LLP, Saisrushti Housing Holdings Private Limited, Saisrushti (SSG) Ventures Private Limited and 1 more | Director | 29 Sep 2023 | 3 Years 1 Months | Current |
| Suresh Kumar Sadipiralla Also directs: Apg Hotels LLP, Sai Srushti Projects (Yelahanka) LLP, Saisrushti Tirupati Projects LLP and 5 more | Director | 09 Apr 2018 | 8 Years 7 Months | Current |
| Prahasith Sai Reddy Nallari Also directs: SSSN Projects Private Limited, Sai Srushti Developers Private Limited, Thor Energy India Private Limited and 5 more | Director | 27 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Saisrushti (Kengeri) Projects Private Limited is audited by A Sultania & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A Sultania & Associates | FY 2023 | 327607E |
Shareholding
The shareholding of Saisrushti (Kengeri) Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Saisrushti (Kengeri) Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2022 | 100631353 | Others | ₹340 Cr | Open | |
| 02 May 2022 | 100589195 | Others | ₹665 Cr | Open | |
| 02 May 2022 | 100596730 | Others | ₹340 Cr | Open |
To see the full charge records of Saisrushti (Kengeri) Projects Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Saisrushti (Kengeri) Projects Private Limited has 2 deals on record (1 debt financing, 1 secondary share transfer), with disclosed funding of ₹340 Cr; the latest was in May 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Debt financing | ₹340 Cr | Investors: Oaktree Capital Management |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Saisrushti Holding LLP Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Saisrushti (Kengeri) Projects Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (AA) | Filed against the company by Cornerstone Poperties Private Limited | Pending |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Saisrushti (Kengeri) Projects 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 Saisrushti (Kengeri) Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saisrushti (Kengeri) Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABACS1392M1ZW | Karnataka | Active | 20 Jun 2019 |
To see the full GST registrations and return filing status of Saisrushti (Kengeri) Projects Private Limited, buy the company report.
Recent activity
Saisrushti (Kengeri) Projects Private Limited has 6 board changes on record since 2018: 3 appointments and 3 cessations. The latest: Raajhesh Ramesh Khanna ceased to be Director on 30 May 2024.
1 earlier event is in the company report.
Frequently asked questions
Saisrushti (Kengeri) Projects is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 09 April 2018 (8+ years old) and is registered under CIN U70200KA2018PTC112101.
Saisrushti (Kengeri) Projects has 3 current directors:
- Haritha Nayani - Director
- Suresh Kumar Sadipiralla - Director
- Prahasith Sai Reddy Nallari - Director
The latest financial statements of Saisrushti (Kengeri) Projects 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 FY 2019 are in the company report.
The GSTIN of Saisrushti (Kengeri) Projects is 29ABACS1392M1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Saisrushti (Kengeri) Projects is U70200KA2018PTC112101. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saisrushti (Kengeri) Projects has 2 court cases on record: 2 filed against it. 2 are pending. Most are in the district courts.
Saisrushti (Kengeri) Projects was incorporated on 09 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
Saisrushti (Kengeri) Projects has 2 deals on record (1 debt financing, 1 secondary share transfer), with disclosed funding of ₹340 Cr; the latest was in May 2022.
Raajhesh Ramesh Khanna ceased to be Director on 30 May 2024. Megha Hegde ceased to be Company Secretary on 23 Jan 2024. Prahasith Sai Reddy Nallari ceased to be Director on 10 Oct 2023. Saisrushti (Kengeri) Projects has 6 board changes on record in total.
The registered office of Saisrushti (Kengeri) Projects is at 537 Sri Rama Towers 100 Feet Rd Amarjyoti Layout, Bengaluru, Karnataka, India – 560071.
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