About Shanders Real Estate Developers Private Limited
Data last updated:
Shanders Real Estate Developers Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Bagadia Properties Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70101KA2008PTC046810.
The company has an authorised share capital of ₹7 Lakh and a paid-up capital of ₹5.07 Lakh. It was formerly known as Pks Mines and Cements Private Limited. 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 #58 18th 'B' Main 5th Block Rajajinagar, Bengaluru, Karnataka, India – 560010.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.3 Lakh, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹9,619 (net margin 0.9%) and EBITDA of ₹12,849 (EBITDA margin 1.2%). Revenue has grown at a compounded annual rate (CAGR) of 225% over three years and 65% over five years.
The company is associated with 1 brand: Shanders. As per MCA filings, the company has open charges of ₹10.01 Cr on record.
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.
Company details
CIN history
Shanders Real Estate Developers has one previous CIN (Corporate Identification Number): U14295KA2008PTC046810. The current CIN is U70101KA2008PTC046810, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101KA2008PTC046810 | Current |
| U14295KA2008PTC046810 | Previous |
Contact details
Shanders Real Estate Developers Private Limited's registered office is in Bengaluru, Karnataka. Its website is shanders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#58 18th 'B' Main 5th Block Rajajinagar, Bengaluru, Karnataka, India – 560010
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shanders Real Estate Developers 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 Real Estate 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 |
Financials of Shanders Real Estate Developers Private Limited
FY 2025 filings availableShanders Real Estate Developers Private Limited reported revenue of ₹10.3 Lakh (up 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 65% over five years, including 37% growth in the latest year. EBITDA fell 22% 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 |
|---|---|---|---|---|---|
| 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 | ₹12,849 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9,619 | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Shanders Real Estate Developers Private Limited, buy the company report.
Board of directors of Shanders Real Estate Developers Private Limited
Shanders Real Estate Developers has 2 current directors and 1 former director. 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 | 21 May 2010 | 16 Years 5 Months | Current |
| Chitturi Bala Siva Subrahmanyam Also directs: Shanders Agri Enterprises Private Limited, Chisu International Ltd, Assetmine Capital Private Limited and 5 more | Director | 17 Jun 2008 | 18 Years 4 Months | Current |
Peer comparison
Shanders Real Estate Developers 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 |
|---|---|---|---|---|---|---|
| Optus Abode Private Limited | ₹10.32 Lakh (FY 2025) | 12.0% | Delhi, India | |||
| Rollon Projects Private Limited | ₹10.32 Lakh (FY 2018) | -97.0% | Howrah, West Bengal, India | |||
| Syphon Tradecom Private Limited | ₹10.31 Lakh (FY 2025) | -15.0% | South 24 Parganas, West Bengal, India | |||
| Prathvi Builders and Developers Private Limited | ₹10.31 Lakh (FY 2018) | Indore, Madhya Pradesh, India | ||||
| Supreme Civil Construction (India) Private Limited | ₹10.3 Lakh (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Shanders Real Estate Developers Private Limitedthis company | ₹10.3 Lakh (FY 2025) | ₹9,619 | 0.9% | 37.0% | Bengaluru, Karnataka, India | |
| Sita Buildcon Pvt. Ltd | ₹10.3 Lakh (FY 2025) | -60.0% | Kolkata, West Bengal, India | |||
| Achievers Securities Private Limited | ₹10.3 Lakh (FY 2017) | -8.0% | Rajkot, Gujarat, India | |||
| Mohiniradha Infra Private Limited | ₹10.3 Lakh (FY 2025) | Raichur, Karnataka, India | ||||
| Tech India Limited | ₹10.29 Lakh (FY 2024) | 2.0% | Guwahati, Assam, India | |||
| A.Logement Construction Private Limited | ₹10.29 Lakh (FY 2017) | -84.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Shanders Real Estate Developers Private Limited, buy the company report.
Auditor
Shanders Real Estate Developers Private Limited is audited by SHIVARAMA IYER & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHIVARAMA IYER & ASSOCIATES | FY 2023 | 012774S |
Shareholding
The shareholding of Shanders Real Estate Developers 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 Shanders Real Estate Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 May 2014 | 10519598 | Suyash Outsourcing Private Limited | ₹10.01 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Shanders Real Estate Developers 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 Real Estate Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Shanders Real Estate Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shanders Real Estate Developers Private Limited has 3 board changes on record since 2008: 2 appointments and 1 cessation. The latest: Chitturi Sriram was appointed as Director on 21 May 2010.
Frequently asked questions
Shanders Real Estate Developers 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 17 June 2008 (18+ years old) and is registered under CIN U70101KA2008PTC046810.
Shanders Real Estate Developers has 2 current directors:
- Chitturi Sriram - Director
- Chitturi Bala Siva Subrahmanyam - Director
The latest financial statements of Shanders Real Estate Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shanders Real Estate Developers is U70101KA2008PTC046810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shanders Real Estate Developers was incorporated on 17 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shanders Real Estate Developers by revenue are Optus Abode Private Limited, Rollon Projects Private Limited, Syphon Tradecom Private Limited, Prathvi Builders and Developers Private Limited, Supreme Civil Construction (India) Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Chitturi Sriram was appointed as Director on 21 May 2010. Venkata Pavan Kumar Vatti ceased to be Director on 21 May 2010. Chitturi Bala Siva Subrahmanyam was appointed as Director on 17 Jun 2008.
Shanders Real Estate Developers can be reached through the website shanders.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Shanders Real Estate Developers is at #58 18th B Main 5th Block Rajajinagar, Bengaluru, Karnataka, India – 560010.
Shanders Real Estate Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Shanders Real Estate Developers has open charges of ₹10.01 Cr and no satisfied charges on record as per latest MCA filings.