About Shanders Property Developers Private Limited
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Shanders Property Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Shanders Estate Promoters Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2011PTC060319.
The company has an authorised share capital of ₹10.1 Cr and a paid-up capital of ₹9.9 Cr. It is led by directors Chitturi Sriram and Chitturi Bala Siva Subrahmanyam.
Its last annual general meeting (AGM) was held on 29 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 ₹13.75 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹32,320 (net margin 2.4%) and EBITDA of ₹44,850 (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 13% over five years.
The company is associated with 1 brand: Shanders. Court records list 3 cases involving the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shanders.com.
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- Website
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- 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
- 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
- One PDF report, delivered after checkout
Financials of Shanders Property Developers Private Limited FY 2025 filings available
Shanders Property Developers Private Limited reported revenue of ₹13.75 Lakh (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Shanders Property Developers Private Limited
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 46% 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 of Shanders Property Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹44,850 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹32,320 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Shanders Property Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Shanders Property Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Shanders Property Developers Private Limited
Shanders Property Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MGR Alloys & Castings Private Limited | ₹13.76 Lakh (FY 2024) | •••• | •••• | -95.0% | •••• | Bhadreswar, West Bengal, India |
| Sarc Raj Estate Private Limited | ₹13.76 Lakh (FY 2021) | •••• | •••• | 62.0% | •••• | Jhansi, Uttar Pradesh, India |
| Simrol Township Private Limited | ₹13.76 Lakh (FY 2025) | •••• | •••• | -46.0% | •••• | Indore, Madhya Pradesh, India |
| Incite (India) Construction Private Limited | ₹13.75 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Asansol, West Bengal, India |
| Em Square Homes Private Limited | ₹13.75 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | Kolkata, West Bengal, India |
| Shanders Property Developers Private Limited this company | ₹13.75 Lakh (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Soham Knitting Apartment Members Private Limited | ₹13.75 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Ambience Farms Private Limited | ₹13.74 Lakh (FY 2025) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| Jangid Builders Pvt Ltd | ₹13.73 Lakh (FY 2025) | •••• | •••• | 365.0% | •••• | Mumbai, Maharashtra, India |
| Gypsy Builders Private Limited | ₹13.72 Lakh (FY 2025) | •••• | •••• | 50.0% | •••• | New Delhi, Delhi, India |
| Inexios Pharmaceuticals Private Limited | ₹13.72 Lakh (FY 2025) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Shanders Property Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Shanders Property Developers Private Limited
Shanders Property Developers Private Limited is audited by SHIVARAMA IYER & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHIVARAMA IYER & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Shanders Property Developers Private Limited
Shanders Property Developers 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 |
|---|---|---|---|---|
| Chitturi Sriram Also directs: Chisu International Ltd, Assetmine Capital Private Limited, Shanders Projects Private Limited and 5 more | Director | 08 Sep 2011 | 15 Years 1 Months | Current |
| Chitturi Bala Siva Subrahmanyam Also directs: Shanders Agri Enterprises Private Limited, Chisu International Ltd, Assetmine Capital Private Limited and 5 more | Director | 08 Sep 2011 | 15 Years 1 Months | Current |
Ownership and Shareholding of Shanders Property Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Shanders Property Developers Private Limited
Shanders Property Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Shanders Property Developers Private Limited
Shanders Property Developers Private Limited has 3 court cases on record: 3 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Company is another party | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Company is another party | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Shanders Property Developers Private Limited
Shanders Property Developers operates one associated brand: Shanders. 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 |
Employees and EPFO Compliance at Shanders Property Developers Private Limited
Employment history and EPFO contributions of people linked to Shanders Property Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Shanders Property Developers Private Limited
Shanders Property Developers Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Rajesh Nanjappa Saligram ceased to be Director on 01 Apr 2017.
Credit Ratings, Litigation & Regulatory Alerts for Shanders Property Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Shanders Property Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Shanders Property Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Shanders Property Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Shanders Property Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Shanders Property Developers Private Limited
Shanders Property 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 08 September 2011 (15+ years old) and is registered under CIN U70109KA2011PTC060319.
Shanders Property Developers reported revenue of ₹13.75 Lakh for FY 2025 (down 6% YoY).
Shanders Property Developers has 2 current directors:
- Chitturi Sriram - Director
- Chitturi Bala Siva Subrahmanyam - Director
Shanders Property Developers reported a net profit of ₹32,320 (net margin 2.4%) and EBITDA of ₹44,850 (EBITDA margin 3.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Shanders Property Developers is 31% over three years and 13% over five years. In the latest year (FY 2025) revenue fell 6%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Shanders Property Developers is U70109KA2011PTC060319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanders Property Developers has 3 court cases on record. 1 is pending. Most are in the district courts.
Shanders Property Developers was incorporated on 08 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shanders Property Developers by revenue are MGR Alloys & Castings Private Limited, Sarc Raj Estate Private Limited, Simrol Township Private Limited, Incite (India) Construction Private Limited, Em Square Homes Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Rajesh Nanjappa Saligram ceased to be Director on 01 Apr 2017. Chitturi Ratnamanikyam ceased to be Additional Director on 20 Oct 2012. Chitturi Bala Siva Subrahmanyam was appointed as Director on 08 Sep 2011. Shanders Property Developers has 4 board changes on record in total.
Shanders Property Developers can be reached through the website shanders.com. Its registered office is in Bangalore, Karnataka, India.