About Shanders Estate Promoters Private Limited
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Shanders Estate Promoters Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Shanders Land Holding Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2011PTC060357.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramaswamy Krishnan Iyer and Chitturi Bala Siva Subrahmanyam.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.1097 (Old) No. 58 (New) 03rd Floor 18th B Main 5th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
As per the financials filed for FY 2025, the company reported a revenue of ₹24,000, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹3,851 (net margin 16%) and EBITDA of ₹5,151 (EBITDA margin 21.5%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 20% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Shanders and Shanders Properties.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shandersproperties.com.
Company details
Contact details
Shanders Estate Promoters Private Limited's registered office is in Bangalore, Karnataka. Its website is shandersproperties.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNo.1097 (Old) No. 58 (New) 03rd Floor 18th B Main 5th Block Rajajinagar, Bangalore, Karnataka, India – 560010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shanders Estate Promoters 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
Brands
Shanders Estate Promoters operates two associated brands: Shanders and Shanders Properties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and sells residential plots and villas in South India for urban housing needs. | shanders.com | |
| Real estate development and management are conducted in Bengaluru, India. | shandersproperties.com |
Financials of Shanders Estate Promoters Private Limited
FY 2025 filings availableShanders Estate Promoters Private Limited reported revenue of ₹24,000 (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 37% fall in the latest year. EBITDA fell 24% 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 | ₹5,151 | ||||
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| Net Profit (PAT) | ₹3,851 | ||||
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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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| Profitability | |||||
| EBITDA Margin | 21.5% | ||||
| Net Profit Margin | 16% | ||||
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To see the full financial statements and ratios of Shanders Estate Promoters Private Limited, buy the company report.
Board of directors of Shanders Estate Promoters Private Limited
Shanders Estate Promoters has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramaswamy Krishnan Iyer Also directs: Chisu International Ltd, Shanders Land Holding Private Limited, Bagadia Estate Developers Private Limited and 5 more | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Chitturi Bala Siva Subrahmanyam Also directs: Shanders Agri Enterprises Private Limited, Chisu International Ltd, Assetmine Capital Private Limited and 5 more | Director | 12 Sep 2011 | 15 Years 2 Months | Current |
Peer comparison
Shanders Estate Promoters Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shanders Estate Promoters Private Limitedthis company | ₹24,000 (FY 2025) | ₹3,851 | 16% | -37.0% | Bangalore, Karnataka, India | |
| Dev Ashiyana Private Limited | ₹24,000 (FY 2025) | Agra, Uttar Pradesh, India | ||||
| Bharat Buildtech Private Limited | ₹24,000 (FY 2025) | -6.0% | New Delhi, Delhi, India | |||
| Jagan Realtors Private Limited | ₹24,000 (FY 2020) | -83.0% | Chandigarh, India | |||
| Agri Realty Private Limited | ₹24,000 (FY 2025) | -4.0% | Kolkata, West Bengal, India | |||
| Unify Real Wealth Private Limited | ₹24,000 (FY 2025) | -10.0% | Agra, Uttar Pradesh, India | |||
| Joy Properties Private Limited | ₹24,000 (FY 2024) | -59.0% | Jaipur, Rajasthan, India | |||
| Swabhiman Builders Private Limited | ₹24,000 (FY 2025) | Hyderabad, Telangana, India | ||||
| Jackpot Infraprojects Private Limited | ₹24,000 (FY 2023) | -25.0% | Kolkata, West Bengal, India | |||
| Elson Infrastructure Private Limited | ₹24,000 (FY 2024) | Howrah, West Bengal, India | ||||
| Onyx Enterprises Private Limited. | ₹24,000 (FY 2025) | 9.0% | Delhi, India |
To see the full peer comparison of Shanders Estate Promoters Private Limited, buy the company report.
Auditor
Shanders Estate Promoters Private Limited is audited by SHIVARAMA IYER & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVARAMA IYER & ASSOCIATES | FY 2021 | 012774S |
Shareholding
The shareholding of Shanders Estate Promoters Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Shanders Estate Promoters Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shanders Estate Promoters Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shanders Estate Promoters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shanders Estate Promoters has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shanders Property Developers Private Limited | U70109KA2011PTC060319 |
To see the full group structure of Shanders Estate Promoters Private Limited, buy the company report.
GST
No GST registration is on our record for Shanders Estate Promoters Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shanders Estate Promoters Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Ramaswamy Krishnan Iyer ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Shanders Estate Promoters 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 September 2011 (15+ years old) and is registered under CIN U70109KA2011PTC060357.
Shanders Estate Promoters has 2 current directors:
- Ramaswamy Krishnan Iyer - Director
- Chitturi Bala Siva Subrahmanyam - Director
The latest financial statements of Shanders Estate Promoters on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shanders Estate Promoters is U70109KA2011PTC060357. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanders Estate Promoters was incorporated on 12 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shanders Estate Promoters by revenue are Dev Ashiyana Private Limited, Bharat Buildtech Private Limited, Jagan Realtors Private Limited, Agri Realty Private Limited, Unify Real Wealth Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ramaswamy Krishnan Iyer ceased to be Additional Director on 29 Sep 2023. Chitturi Sriram ceased to be Director on 17 Jan 2023. Ramaswamy Krishnan Iyer was appointed as Director on 16 Jan 2023. Shanders Estate Promoters has 4 board changes on record in total.
Shanders Estate Promoters can be reached through the website shandersproperties.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shanders Estate Promoters is at No.1097 Old No. 58 New 03rd Floor 18th B Main 5th Block Rajajinagar, Bangalore, Karnataka, India – 560010.
Shanders Estate Promoters operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Shanders Estate Promoters is compliant as of 23 September 2026. The company is actively filing with the Registrar of Companies.
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