About Shriprop Developers Private Limited
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Shriprop Developers 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 18 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2016PTC085337. Its GSTIN is 29AAWCS7458K1Z5 (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors including Ravindra Kumar Pandey 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 ₹82.88 Cr, a decline of 49% compared to the previous year. For the same year it recorded a net profit of ₹3.4 Cr (net margin 4.1%) and EBITDA of ₹9.3 Cr (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 165% over three years and 126% over five years.
As per MCA filings, the company has satisfied charges of ₹150 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 shriramproperties.com.
Company details
Contact details
Shriprop Developers Private Limited's registered office is in Bengaluru, Karnataka. Its website is shriramproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- 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 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
Business activity
The main business activity of Shriprop Developers 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 Shriprop Developers Private Limited, buy the company report.
Financials of Shriprop Developers Private Limited
FY 2025 filings availableShriprop Developers Private Limited reported revenue of ₹82.88 Cr (down 49% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 49% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 126%. EBITDA fell 42% 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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| EBITDA | ₹9.3 Cr | ||||
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| Net Profit (PAT) | ₹3.4 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 4.1% | ||||
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To see the full financial statements and ratios of Shriprop Developers Private Limited, buy the company report.
Board of directors of Shriprop Developers Private Limited
Shriprop Developers has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindra Kumar Pandey Also directs: SPL Realtors Private Limited, Shriprop Structures Private Limited, Shrivision Homes Private Limited and 5 more | Director | 11 Dec 2017 | 8 Years 10 Months | Current |
| Rajesh Yashwant Shirwatkar Also directs: Shriprop Structures Private Limited, Shrivision Homes Private Limited, Shriprop Builders Private Limited and 5 more | Director | 11 Sep 2019 | 7 Years 1 Months | Current |
| Gopalakrishnan Jagadeeswaran Also directs: Brainbees Solutions Limited, SPL Realtors Private Limited, Shriprop Structures Private Limited and 5 more | Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Shriprop Developers Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Candeo Projects Private Limited | ₹83.14 Cr (FY 2024) | 31.0% | New Delhi, Delhi, India | |||
| Renaissance Holdings and Developers Private Limited | ₹83.14 Cr (FY 2025) | -23.0% | Bangalore, Karnataka, India | |||
| Sare Shelters Project Private Limited | ₹83.05 Cr (FY 2025) | -29.0% | Thiruporur, Tamil Nadu, India | |||
| Shriprop Developers Private Limitedthis company | ₹82.88 Cr (FY 2025) | ₹3.4 Cr | 4.1% | -49.0% | Bengaluru, Karnataka, India | |
| City Realty & Development Private Limited | ₹82.84 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Gnex Realtech Private Limited | ₹82.56 Cr (FY 2024) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Shriprop Developers Private Limited, buy the company report.
Auditor
Shriprop Developers 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 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 Shriprop Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2023 | 100710817 | Others | ₹60 Cr | Satisfied | |
| 21 Jul 2022 | 100597640 | Tata Capital Housing Finance Limited | ₹50 Cr | Satisfied | |
| 26 Dec 2018 | 100232826 | Others | ₹40 Cr | Satisfied |
To see the full charge records of Shriprop Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Shriprop 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
Shriprop Developers Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Amplify Integrated Brand Solutions | |||
| 4Am Worldwide Advertising Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Arrow Interiors |
To see the full MSME payment records of Shriprop Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shriprop Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAWCS7458K1Z5 | Karnataka | Active | 18 Oct 2018 |
To see the full GST registrations and return filing status of Shriprop Developers Private Limited, buy the company report.
Recent activity
Shriprop Developers Private Limited has 7 board changes on record since 2016: 5 appointments and 2 cessations. The latest: Gopalakrishnan Jagadeeswaran was appointed as Director on 11 Aug 2025.
7 earlier events are in the company report.
News
Frequently asked questions
Shriprop 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 18 January 2016 (10+ years old) and is registered under CIN U45400KA2016PTC085337.
Shriprop Developers has 3 current directors:
- Ravindra Kumar Pandey - Director
- Rajesh Yashwant Shirwatkar - Director
- Gopalakrishnan Jagadeeswaran - Director
The latest financial statements of Shriprop 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 2016 are in the company report.
The GSTIN of Shriprop Developers is 29AAWCS7458K1Z5, registered in Karnataka.
The CIN (Corporate Identification Number) of Shriprop Developers is U45400KA2016PTC085337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriprop Developers was incorporated on 18 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shriprop Developers by revenue are Candeo Projects Private Limited, Renaissance Holdings and Developers Private Limited, Sare Shelters Project Private Limited, City Realty & Development Private Limited, Gnex Realtech 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).
Gopalakrishnan Jagadeeswaran was appointed as Director on 11 Aug 2025. Narasimhamurthy Nagendra ceased to be Director on 11 Aug 2025. Rajesh Yashwant Shirwatkar was appointed as Director on 11 Sep 2019. Shriprop Developers has 7 board changes on record in total.
Shriprop Developers has 11 MSME Form 1 returns on record between 2019 and 2023, listing 81 overdue payments to 27 micro and small suppliers. The latest return was filed on 06 Nov 2023.
Shriprop Developers can be reached through the website shriramproperties.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Shriprop Developers is at No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
Shriprop Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
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