- #1,233 N Sitaram Shetty & family ₹1,900 Cr

Shankaranarayana Developers Private Limited
About Shankaranarayana Developers Private Limited
Data last updated:
Shankaranarayana Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It was incorporated on 04 December 2023.
Its director N Sitaram Shetty and family are #1,233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U43300KA2023PTC181752.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹1.12 Cr. It is led by directors including Namitha Shetty and Narayana Sitaram Shetty.
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 Bangalore, Karnataka.
Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Shankaranarayana Developers
Contact details
Shankaranarayana Developers Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo. 7 Residency Road, Rajaram Mohan Roy Road, Bangalore, Karnataka, India – 560025
- 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
Financials of Shankaranarayana Developers Private Limited
FY 2025 filings availableFinancial Statement Summary
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To see the full financial statements and ratios of Shankaranarayana Developers Private Limited, buy the company report.
Board of directors of Shankaranarayana Developers Private Limited
Shankaranarayana Developers has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namitha Shetty | Director | 04 Dec 2023 | 2 Years 11 Months | Current |
| Narayana Sitaram Shetty | Director | 04 Dec 2023 | 2 Years 11 Months | Current |
| Alok Chandra Shetty | Director | 04 Dec 2023 | 2 Years 11 Months | Current |
| Vybhav Shetty | Director | 04 Dec 2023 | 2 Years 11 Months | Current |
| Smaran Shetty | Director | 04 Dec 2023 | 2 Years 11 Months | Current |
Legal cases
Shankaranarayana Developers Private Limited has 2 court cases on record: 2 filed by Shankaranarayana Developers. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Shankaranarayana 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 Shankaranarayana 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 Shankaranarayana Developers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Shankaranarayana Developers Private Limited has 5 board changes on record since 2023: 5 appointments. The latest: Alok Chandra Shetty was appointed as Director on 04 Dec 2023.
Frequently asked questions
Shankaranarayana Developers is an active private limited company based in Bangalore, Karnataka, India. It was incorporated on 04 December 2023 (3+ years old) and is registered under CIN U43300KA2023PTC181752.
Shankaranarayana Developers has 5 current directors:
- Namitha Shetty - Director
- Narayana Sitaram Shetty - Director
- Alok Chandra Shetty - Director
- Vybhav Shetty - Director
- Smaran Shetty - Director
The latest financial statements of Shankaranarayana Developers 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 FY 2024 are in the company report.
The CIN (Corporate Identification Number) of Shankaranarayana Developers is U43300KA2023PTC181752. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shankaranarayana Developers has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the high courts.
Shankaranarayana Developers was incorporated on 04 December 2023, making it 3+ years old. It is registered with the Registrar of Companies, Bangalore.
Alok Chandra Shetty was appointed as Director on 04 Dec 2023. Namitha Shetty was appointed as Director on 04 Dec 2023. Narayana Sitaram Shetty was appointed as Director on 04 Dec 2023. Shankaranarayana Developers has 5 board changes on record in total.
The registered office of Shankaranarayana Developers is at No. 7 Residency Road, Rajaram Mohan Roy Road, Bangalore, Karnataka, India – 560025.
The compliance status of Shankaranarayana Developers is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.
Shankaranarayana Developers can be reached at its registered office: No. 7 Residency Road, Rajaram Mohan Roy Road, Bangalore, Karnataka, India – 560025.

