About Shore Dwellings Private Limited
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Shore Dwellings Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Waterwalk Apartments Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 September 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2007PTC044006. Its GSTIN is 29AAACZ3029P1ZR (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹8.05 Cr. It was formerly known as Mantri Dwellings Private Limited and Zenith Property Management Services Private Limited. It is led by directors Mohankumar Singapura Jayanna and Methuku Srinivas.
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 C – 5 Rich Homes, No 5/1 Richmond Road Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.84 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net loss of ₹18.83 Cr (net margin -43%) and EBITDA of ₹32.05 Cr (EBITDA margin 73.1%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 18% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹190 Cr and satisfied charges of ₹702 Cr on record. Court records list 90 cases involving the company, including 22 filed by the company and 68 filed against it; 26 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹7.8 Cr; the latest was in March 2021. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is 32Nd Vistas Private Limited with revenue of ₹43.94 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mantri.in.
Company details
Name history
Shore Dwellings has undergone 10 name changes throughout its history. The current legal name is Shore Dwellings Private Limited.
| Company Name | Status |
|---|---|
| Shore Dwellings Private Limited | Current |
| Mantri Dwellings Private Limited | Previous |
| Zenith Property Management Services Private Limited | Previous |
| Dwellings Realtors Private Limited | Previous |
| Numart Property Management Services Private Limited | Previous |
| Dwelling Square Private Limited | Previous |
| Shore Dwelling Private Limited | Previous |
| Zenith Property Services Private Limited | Previous |
| Numart Developers Private Limited | Previous |
| Dwellings Infratech Private Limited | Previous |
| Dwellings Buildcon Private Limited | Previous |
Contact details
Shore Dwellings Private Limited's registered office is in Bangalore, Karnataka. Its website is mantri.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 5 Rich Homes, No 5/1 Richmond Road Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shore Dwellings 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 Shore Dwellings is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Shore Dwellings Private Limited, buy the company report.
Financials of Shore Dwellings Private Limited
FY 2024 filings availableShore Dwellings Private Limited reported revenue of ₹43.84 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 65% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹32.05 Cr | ||||
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| Net Profit (PAT) | -₹18.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 73.1% | ||||
| Net Profit Margin | -43% | ||||
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To see the full financial statements and ratios of Shore Dwellings Private Limited, buy the company report.
Board of directors of Shore Dwellings Private Limited
Shore Dwellings has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohankumar Singapura Jayanna Also directs: Agara Techzone Private Limited, PVK Shelters (India) Private Limited, Trigate Infrastructure Private Limited and 5 more | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
| Methuku Srinivas Also directs: Castles Vista Private Limited, Pratibha Realtors Private Limited, Minerva Infra Tech Private Limited and 5 more | Director | 05 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Shore Dwellings Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 32Nd Vistas Private Limited | ₹43.94 Cr (FY 2024) | New Delhi, Delhi, India | ||||
| Renowned Buildtech Private Limited | ₹43.89 Cr (FY 2025) | 85.0% | Noida, Uttar Pradesh, India | |||
| Shore Dwellings Private Limitedthis company | ₹43.84 Cr (FY 2024) | -₹18.83 Cr | -43% | 15.0% | Bangalore, Karnataka, India | |
| PKS Buildmart Private Limited | ₹43.82 Cr (FY 2025) | -58.0% | Delhi, India | |||
| Kochar Properties Private Limited | ₹43.77 Cr (FY 2025) | 22.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Shore Dwellings Private Limited, buy the company report.
Auditor
Shore Dwellings Private Limited is audited by KK Rao & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KK Rao & Associates | FY 2023 | 010757S |
Shareholding
The shareholding of Shore Dwellings 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 Shore Dwellings Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2017 | 100123838 | Others | ₹130 Cr | Open | |
| 21 Aug 2015 | 10598102 | Il & Fs Trust Company Limited | ₹60 Cr | Open | |
| 29 Mar 2016 | 100020818 | Others | ₹130 Cr | Satisfied | |
| 27 Oct 2014 | 10536327 | Yes Bank Limited | ₹130 Cr | Satisfied | |
| 31 Jul 2014 | 10529405 | Yes Bank Limited | ₹60 Cr | Satisfied |
To see the full charge records of Shore Dwellings Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Shore Dwellings Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹7.8 Cr; the latest was in March 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Waterwalk Apartments Private Limited Seller: Mantri Developers Private Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Mantri Developers Private Limited Seller: Gerrity International-India |
| Nov 2007 | Funding round | ₹7.8 Cr | Investors: Mantri Developers Private Limited, Gerrity International-India |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shore Dwellings Private Limited has 90 court cases on record: 22 filed by Shore Dwellings, 68 filed against it. 26 cases are pending and 64 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 50 | 41 | 11 |
| High courts | 31 | 22 | 13 |
| NCLT | 4 | 3 | 0 |
| NCLAT | 3 | 2 | 1 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 90)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Sammaan Capital Ltd., and 1 other | Pending |
| Bombay High Court | Writ petition | Filed by the company against Sujay Resorts and Township Projects Pvt Ltd and 4 others | Pending |
| High Court of Karnataka | Revision petition | Filed against the company by Icici Bank Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Kappa Developers LLP and Others | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Catalyst Trusteeship Limited and 5 others | Pending |
To see the full case history of Shore Dwellings 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 Shore Dwellings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shore Dwellings has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Qobalt Software Technologies Private Limited | U72900KA2017PTC102850 |
To see the full group structure of Shore Dwellings Private Limited, buy the company report.
GST
Shore Dwellings has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACZ3029P1ZR | Karnataka | Active | 01 Jul 2017 |
| 27AAACZ3029P1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shore Dwellings Private Limited, buy the company report.
Recent activity
Shore Dwellings Private Limited has 21 board changes on record since 2007: 2 appointments and 19 cessations. The latest: Methuku Srinivas was appointed as Director on 05 Sep 2024.
39 earlier events are in the company report.
Frequently asked questions
Shore Dwellings 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 28 September 2007 (19+ years old) and is registered under CIN U74140KA2007PTC044006.
Shore Dwellings has 2 current directors:
- Mohankumar Singapura Jayanna - Director
- Methuku Srinivas - Director
The latest financial statements of Shore Dwellings 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 2015 are in the company report.
The GSTIN of Shore Dwellings is 29AAACZ3029P1ZR, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACZ3029P1ZV (Maharashtra).
The CIN (Corporate Identification Number) of Shore Dwellings is U74140KA2007PTC044006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shore Dwellings has 90 court cases on record: 22 filed by the company and 68 filed against it. 26 are pending. Most are in the district courts.
Shore Dwellings was incorporated on 28 September 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Shore Dwellings has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹7.8 Cr; the latest was in March 2021.
The peers of Shore Dwellings by revenue are 32Nd Vistas Private Limited, Renowned Buildtech Private Limited, PKS Buildmart Private Limited, Kochar Properties Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Methuku Srinivas was appointed as Director on 05 Sep 2024. Mohankumar Singapura Jayanna ceased to be Additional Director on 20 Dec 2021. Mohankumar Singapura Jayanna was appointed as Director on 30 Mar 2021. Shore Dwellings has 21 board changes on record in total.
Shore Dwellings can be reached through the website mantri.in. Its registered office is in Bangalore, Karnataka, India.