About Shriline Properties Private Limited
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Shriline Properties Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Shriram Land Development India Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 09 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2008PTC046717. Its GSTIN is 29AAQCS4337K1ZN (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹10.5 Lakh. It is led by directors Veerabhadrappa Girish and Venkataraman Swaminathan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 33 – 44 8th Main 4th Cross Rmv Extension, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.2 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹69.89 Lakh (net margin -21.8%) and EBITDA of ₹34.39 Lakh (EBITDA margin 10.8%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 35% over five years.
The company is associated with 1 brand: Shriline. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹27.5 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 5 cases are pending. The company has 3 deals on record (1 rights issue, 1 acquisition, 1 secondary share transfer); the latest was in March 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shriline.com.
Company details
Contact details
Shriline Properties Private Limited's registered office is in Bangalore, Karnataka. Its website is shriline.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address33 – 44 8th Main 4th Cross Rmv Extension, Bangalore, Karnataka, India – 560080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shriline Properties 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
Shriline Properties operates one associated brand: Shriline. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive services for residential property development. | shriline.com |
Business activity
The main business activity of Shriline Properties 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 Shriline Properties Private Limited, buy the company report.
Financials of Shriline Properties Private Limited
FY 2021 filings availableShriline Properties Private Limited reported revenue of ₹3.2 Cr (down 68% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 68% fall in the latest year. EBITDA fell 93% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.2 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹34.39 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹69.89 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.8% | ||||
| Net Profit Margin | -21.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Shriline Properties Private Limited, buy the company report.
Board of directors of Shriline Properties Private Limited
Shriline Properties has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerabhadrappa Girish Also directs: SL Plotted Development Projects Private Limited | Director | 24 Mar 2015 | 11 Years 7 Months | Current |
| Venkataraman Swaminathan Also directs: SL Plotted Development Projects Private Limited | Director | 19 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Shriline Properties Private Limited is audited by RPAR&CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RPAR&CO LLP | FY 2021 | S200139 |
Shareholding
The shareholding of Shriline Properties Private Limited is on record for 5 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Shriline Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2018 | 100179752 | Others | ₹20 Cr | Satisfied | |
| 04 Jun 2015 | 10575113 | Il & Fs Trust Company Limited | ₹7.5 Cr | Satisfied |
To see the full charge records of Shriline Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Shriline Properties Private Limited has 3 deals on record (1 rights issue, 1 acquisition, 1 secondary share transfer); the latest was in March 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹50,000 | Investors: an individual |
| Jul 2016 | Acquisition | ₹5 Lakh | Buyer: Shriram Land Development India Private Limited Seller: Paracor Capital |
| Jun 2012 | Secondary share transfer | Undisclosed | Buyer: Shriram Land Development India Private Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shriline Properties Private Limited has 11 court cases on record: 2 filed by Shriline Properties, 9 filed against it. 5 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 5 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Iifl Home Finance Ltd | Disposed |
| High Court, KARNATAKA | Court case (CRL.P) | Filed by the company against Vistra Itcl India Limited and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Vistra Itcl India Ltd. | Disposed |
| District court, Bhavnagar, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
To see the full case history of Shriline Properties 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 Shriline Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shriline Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS4337K1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shriline Properties Private Limited, buy the company report.
Recent activity
Shriline Properties Private Limited has 9 board changes on record since 2012: 2 appointments and 7 cessations. The latest: Hemant Bhasker Vengali ceased to be Director on 19 Jul 2016.
5 earlier events are in the company report.
Frequently asked questions
Shriline Properties 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 09 June 2008 (18+ years old) and is registered under CIN U45202KA2008PTC046717.
Shriline Properties has 2 current directors:
- Veerabhadrappa Girish - Director
- Venkataraman Swaminathan - Director
The latest financial statements of Shriline Properties on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Shriline Properties is 29AAQCS4337K1ZN, registered in Karnataka.
The CIN (Corporate Identification Number) of Shriline Properties is U45202KA2008PTC046717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriline Properties has 11 court cases on record: 2 filed by the company and 9 filed against it. 5 are pending. Most are in the district courts.
Shriline Properties was incorporated on 09 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
Shriline Properties has 3 deals on record (1 rights issue, 1 acquisition, 1 secondary share transfer); the latest was in March 2017.
Hemant Bhasker Vengali ceased to be Director on 19 Jul 2016. Venkataraman Swaminathan was appointed as Director on 19 Jul 2016. Nandlal Charles Kumar Rane ceased to be Director on 01 Apr 2016. Shriline Properties has 9 board changes on record in total.
Shriline Properties can be reached through the website shriline.com. Its registered office is in Bangalore, Karnataka, India.
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