Shriprop Builders Private Limited
About Shriprop Builders Private Limited
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Shriprop Builders Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Shriram Properties Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 February 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45402KA2008PTC045268. Its GSTIN is 29AALCS6391Q1Z6 (Karnataka).
The company has an authorised share capital of ₹1.04 Cr and a paid-up capital of ₹1.96 Lakh. It is led by directors including Gopalakrishnan Jagadeeswaran and Rajesh Yashwant Shirwatkar.
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 No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.31 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹94.2 Lakh (net margin 71.7%) and EBITDA of ₹94.75 Lakh (EBITDA margin 72.1%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 58% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Shriram Properties. As per MCA filings, the company has open charges of ₹140 Cr and satisfied charges of ₹126 Cr on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Shriprop Builders Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shriprop Builders 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
Shriprop Builders operates one associated brand: Shriram Properties. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential properties are developed in mid-market and affordable segments. | shriramproperties.com |
Business activity
The main business activity of Shriprop Builders is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Shriprop Builders Private Limited, buy the company report.
Financials of Shriprop Builders Private Limited
FY 2025 filings availableShriprop Builders Private Limited reported revenue of ₹1.31 Cr (down 82% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 82% fall in the latest year. EBITDA rose 104% 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 |
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| Total Expenses | |||||
| EBITDA | ₹94.75 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹94.2 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.1% | ||||
| Net Profit Margin | 71.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Shriprop Builders Private Limited, buy the company report.
Board of directors of Shriprop Builders Private Limited
Shriprop Builders has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopalakrishnan Jagadeeswaran Also directs: Brainbees Solutions Limited, SPL Realtors Private Limited, Shriprop Structures Private Limited and 5 more | Director | 26 Nov 2018 | 7 Years 11 Months | Current |
| Rajesh Yashwant Shirwatkar Also directs: Shriprop Structures Private Limited, Shrivision Homes Private Limited, Shriprop Developers Private Limited and 5 more | Director | 11 Aug 2025 | 1 Years 3 Months | Current |
| Ravindra Kumar Pandey Also directs: SPL Realtors Private Limited, Shriprop Structures Private Limited, Shrivision Homes Private Limited and 5 more | Director | 11 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
Shriprop Builders Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S B Aditya Housing Infra Private Limited | ₹1.31 Cr (FY 2016) | Chennai, Tamil Nadu, India | ||||
| Shriprop Builders Private Limitedthis company | ₹1.31 Cr (FY 2025) | ₹94.2 Lakh | 71.7% | -82.0% | Bengaluru, Karnataka, India | |
| Rni Projects Private Limited | ₹1.31 Cr (FY 2025) | -1.0% | Bhubaneswar, Odisha, India | |||
| Morphosis Infra Private Limited | ₹1.31 Cr (FY 2025) | 67.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shriprop Builders Private Limited, buy the company report.
Auditor
Shriprop Builders Private Limited is audited by Abarna & Ananthan for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Abarna & Ananthan | FY 2023 | 000003S |
Shareholding
The shareholding of Shriprop Builders 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 Shriprop Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2023 | 100684699 | Tata Capital Housing Finance Limited | ₹140 Cr | Open | |
| 18 Jul 2022 | 100595610 | Others | ₹11 Cr | Satisfied | |
| 19 Apr 2021 | 100442826 | Others | ₹20 Cr | Satisfied | |
| 05 Sep 2018 | 100215677 | Idbi Trusteeship Services Limited | ₹20 Cr | Satisfied | |
| 06 Jun 2018 | 100186372 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Shriprop Builders Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Shriprop Builders Private Limited has 8 court cases on record: 2 filed by Shriprop Builders, 6 filed against it. 6 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 4 |
| District courts | 3 | 2 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Suvilas Properties Pvt Ltd and 1 other | Pending |
| District court, BENGALURU, Karnataka | Court case (FDP) | Filed against the company | Pending |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Assistant Commissioner of Income Tax and 2 others | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Shriprop Builders 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
Shriprop Builders Private Limited has 17 MSME Form 1 returns on record between 2020 and 2024, listing 131 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| VWF Industries Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shriprop Builders Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Shriprop Builders has 1 subsidiary company and 1 associated 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 |
|---|---|---|
| SPL Palms Developers Private Limited | U70100KA2013PTC068447 |
To see the full group structure of Shriprop Builders Private Limited, buy the company report.
GST
Shriprop Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS6391Q1Z6 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shriprop Builders Private Limited, buy the company report.
Recent activity
Shriprop Builders Private Limited has 17 board changes on record since 2009: 3 appointments and 14 cessations. The latest: Rajesh Yashwant Shirwatkar ceased to be Additional Director on 29 Sep 2025.
22 earlier events are in the company report.
Frequently asked questions
Shriprop Builders 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 13 February 2008 (18+ years old) and is registered under CIN U45402KA2008PTC045268.
Shriprop Builders has 3 current directors:
- Gopalakrishnan Jagadeeswaran - Director
- Rajesh Yashwant Shirwatkar - Director
- Ravindra Kumar Pandey - Director
The latest financial statements of Shriprop Builders 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 2015 are in the company report.
The GSTIN of Shriprop Builders is 29AALCS6391Q1Z6, registered in Karnataka.
The CIN (Corporate Identification Number) of Shriprop Builders is U45402KA2008PTC045268. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriprop Builders has 8 court cases on record: 2 filed by the company and 6 filed against it. 6 are pending. Most are in the high courts.
Shriprop Builders was incorporated on 13 February 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shriprop Builders by revenue are S B Aditya Housing Infra Private Limited, Rni Projects Private Limited, Morphosis Infra Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rajesh Yashwant Shirwatkar ceased to be Additional Director on 29 Sep 2025. Rajesh Yashwant Shirwatkar was appointed as Director on 11 Aug 2025. Ravindra Kumar Pandey was appointed as Director on 11 Aug 2025. Shriprop Builders has 17 board changes on record in total.
Shriprop Builders has 17 MSME Form 1 returns on record between 2020 and 2024, listing 131 overdue payments to 25 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Shriprop Builders is at No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
Shriprop Builders operates in the real estate and construction industry, in the real estate builders and developers segment.
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