About Shriprop Projects Private Limited
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Shriprop Projects 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 21 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45202KA2008PTC046145. Its GSTIN is 29AALCS9017K1ZP (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ramesh Ramachandran Kalpattu and Krishna Veeraraghavan.
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 ₹12.62 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr (net margin -10.7%) and EBITDA of ₹2.71 Cr (EBITDA margin 21.5%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.
The company is associated with 1 brand: Shriram Properties. As per MCA filings, the company has open charges of ₹25 Cr and satisfied charges of ₹438.32 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 10 cases are pending.
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 Projects 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 Projects 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 Projects 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 Projects 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 Projects Private Limited, buy the company report.
Financials of Shriprop Projects Private Limited
FY 2025 filings availableShriprop Projects Private Limited reported revenue of ₹12.62 Cr (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 79% fall in the latest year. EBITDA fell 44% 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 | ₹2.71 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.35 Cr | ||||
| 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 | 21.5% | ||||
| Net Profit Margin | -10.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Shriprop Projects Private Limited, buy the company report.
Board of directors of Shriprop Projects Private Limited
Shriprop Projects has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Ramachandran Kalpattu Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Global Entropolis (Vizag) Private Limited and 5 more | Director | 21 Apr 2008 | 18 Years 6 Months | Current |
| Krishna Veeraraghavan Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Global Entropolis (Vizag) Private Limited and 5 more | Director | 20 Jun 2017 | 9 Years 4 Months | Current |
| Narasimhamurthy Nagendra Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, SPL Towers Private Limited and 4 more | Additional Director | 11 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
Shriprop Projects 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Durahome Builders and Developers Private Limited | ₹12.65 Cr (FY 2025) | -51.0% | Mumbai, Maharashtra, India | |||
| BNN Constructions Private Limited | ₹12.64 Cr (FY 2019) | -25.0% | Bangalore, Karnataka, India | |||
| Shridhara Infratech Private Limited | ₹12.63 Cr (FY 2025) | -82.0% | New Delhi, Delhi, India | |||
| Shriprop Projects Private Limitedthis company | ₹12.62 Cr (FY 2025) | -₹1.35 Cr | -10.7% | -79.0% | Bengaluru, Karnataka, India | |
| Dhananjay Construction Private Limited | ₹12.6 Cr (FY 2025) | 52.0% | Patna, Bihar, India |
To see the full peer comparison of Shriprop Projects Private Limited, buy the company report.
Auditor
Shriprop Projects Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Shriprop Projects 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 Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Apr 2025 | 101095164 | Others | ₹25 Cr | Open | |
| 05 Dec 2022 | 100650952 | Others | ₹53 Cr | Satisfied | |
| 20 Apr 2021 | 100462248 | Others | ₹40 Cr | Satisfied | |
| 17 Nov 2017 | 100147149 | Idbi Trusteeship Services Limited | ₹175 Cr | Satisfied | |
| 31 May 2017 | 100136523 | Others | ₹32.16 Lakh | Satisfied |
To see the full charge records of Shriprop Projects Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Shriprop Projects Private Limited has 16 court cases on record: 12 filed by Shriprop Projects, 4 filed against it. 10 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 3 | 10 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Pending |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| High Court, KARNATAKA | Court case (WA.CROB) | Filed by the company against individuals | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against The State of Karnataka and 4 others | Pending |
| High Court of Karnataka | Appeal | Filed against the company | Pending |
To see the full case history of Shriprop Projects 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 Projects Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 96 overdue payments to 26 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 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alba Urmet Communication and Security Private Limited | |||
| Shree Venkateswara Infrastructures | |||
| Indigo Copier Services | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shriprop Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shriprop Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AALCS9017K1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shriprop Projects Private Limited, buy the company report.
Recent activity
Shriprop Projects Private Limited has 11 board changes on record since 2008: 4 appointments and 7 cessations. The latest: Narasimhamurthy Nagendra was appointed as Additional Director on 11 Aug 2025.
17 earlier events are in the company report.
News
Frequently asked questions
Shriprop Projects 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 21 April 2008 (18+ years old) and is registered under CIN U45202KA2008PTC046145.
Shriprop Projects has 3 current directors:
- Ramesh Ramachandran Kalpattu - Director
- Krishna Veeraraghavan - Director
- Narasimhamurthy Nagendra - Additional Director
The latest financial statements of Shriprop Projects 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 Projects is 29AALCS9017K1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Shriprop Projects is U45202KA2008PTC046145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriprop Projects has 16 court cases on record: 12 filed by the company and 4 filed against it. 10 are pending. Most are in the high courts.
Shriprop Projects was incorporated on 21 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shriprop Projects by revenue are Durahome Builders and Developers Private Limited, BNN Constructions Private Limited, Shridhara Infratech Private Limited, Dhananjay Construction Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Narasimhamurthy Nagendra was appointed as Additional Director on 11 Aug 2025. Vaidyanathan Ramamurthy ceased to be Additional Director on 29 Sep 2023. Rajesh Yashwant Shirwatkar ceased to be Additional Director on 29 Sep 2020. Shriprop Projects has 11 board changes on record in total.
Shriprop Projects has 16 MSME Form 1 returns on record between 2019 and 2024, listing 96 overdue payments to 26 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Shriprop Projects can be reached through the website shriramproperties.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Shriprop Projects is at No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
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