About Shriram Land Development India Private Limited
Data last updated:
Shriram Land Development India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 March 2003.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U45201TN2003PTC050568. Its GSTIN is 29AAICS0952L1ZW (Karnataka).
The company has an authorised share capital of ₹5.02 Cr and a paid-up capital of ₹3.9 Cr. It is led by directors Venkataraman Swaminathan (Managing Director) and Sridhar Ganesh Kulkarni.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at No.1 Club House Road Chennai – 2., Tamil Nadu, India – 600002.
As per the financials filed for FY 2018, the company reported a revenue of ₹4.7 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹16.88 Cr (net margin -359.2%) and EBITDA of -₹4.72 Cr (EBITDA margin -100.4%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years.
The company has about 34 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Shriram Land. As per MCA filings, the company has open charges of ₹25.07 Lakh and satisfied charges of ₹11.07 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 6 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.69 Cr; the latest was in August 2015.
The last known website on record is shriramland.com.
Company details
Contact details
Shriram Land Development India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shriramland.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.1 Club House Road Chennai – 2., Tamil Nadu, India – 600002
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Shriram Land Development India 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
Shriram Land Development India operates one associated brand: Shriram Land. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of real estate development services | shriramland.com |
Business activity
The main business activity of Shriram Land Development India is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Shriram Land Development India Private Limited, buy the company report.
Financials of Shriram Land Development India Private Limited
FY 2018 filings availableShriram Land Development India Private Limited reported revenue of ₹4.7 Cr (down 31% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 69%. EBITDA fell 137% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹4.7 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹4.72 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16.88 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -100.4% | |||
| Net Profit Margin | -359.2% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Shriram Land Development India Private Limited, buy the company report.
Board of directors of Shriram Land Development India Private Limited
Shriram Land Development India has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sridhar Ganesh Kulkarni | Director | 16 Mar 2018 | 8 Years 7 Months | As last reported |
| Venkataraman Swaminathan | Managing Director | 18 Aug 2006 | 20 Years 2 Months | As last reported |
Auditor
Shriram Land Development India Private Limited is audited by K.S.AIYAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.S.AIYAR & CO | FY 2018 | 100186 W |
Shareholding
The shareholding of Shriram Land Development India Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Shriram Land Development India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2015 | 10561954 | Hdfc Bank Limited | ₹25.07 Lakh | Open | |
| 23 May 2012 | 10359133 | State Bank of Mysore | ₹7.18 Lakh | Satisfied | |
| 25 Jan 2011 | 10266355 | Syndicate Bank | ₹10 Cr | Satisfied | |
| 13 Aug 2007 | 10066196 | City Union Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of Shriram Land Development India Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Shriram Land Development India Private Limited has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.69 Cr; the latest was in August 2015.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2015 | Funding round | ₹37.84 Cr | Investors: Shriline Properties Private Limited , Bangalore Land and Homes Limited. |
| Sep 2012 | Funding round | ₹2.45 Cr | Investors: Bangalore Land and Homes Limited. |
| Apr 2012 | Funding round | ₹1.4 Cr | Investors: Shriram Properties and Constructions (Chennai) Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: A P D Estates Private Limited Seller: SPL Builders Private Limited |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: SPL Builders Private Limited , an individual Seller: SPL Floor Mall Private Limited , an individual |
To see the full deal history of Shriram Land Development India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shriram Land Development India Private Limited has 12 court cases on record: 4 filed by Shriram Land Development India, 8 filed against it. 6 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
| High courts | 4 | 2 | 2 |
| NCLAT | 4 | 4 | 3 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Home Finance Limited | Pending |
| High Court | Writ petition | Filed by the company against Catalyst Trusteeship Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed against the company by Bangalore Land & Homes Ltd. | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Catalyst Trusteeship Limited | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by Bangalore Land and Homes Ltd | Disposed |
To see the full case history of Shriram Land Development India 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 Shriram Land Development India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Shriram Land Development India has 4 subsidiary companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shriline Properties Private Limited | U45202KA2008PTC046717 | |
| SL Plotted Development Projects Private Limited | U45203KA2013PTC072781 | |
| SL Residential Layout Private Limited | U70109KA2017PTC103654 | |
| SPL Propcare Private Limited | U70200KA2007PTC042809 |
To see the full group structure of Shriram Land Development India Private Limited, buy the company report.
Employees & EPFO
Shriram Land Development India Private Limited has a workforce of 34 employees on its EPFO records as of Dec 29, 2024, across 1 active EPFO establishment.
GST
Shriram Land Development India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS0952L1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shriram Land Development India Private Limited, buy the company report.
Recent activity
Shriram Land Development India Private Limited has 8 board changes on record since 2006: 2 appointments and 6 cessations. The latest: Sridhar Ganesh Kulkarni ceased to be Additional Director on 28 Sep 2018.
6 earlier events are in the company report.
Frequently asked questions
Shriram Land Development India is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Shriram Land Development India is a company under liquidation, formerly operating as a private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 March 2003 and is registered under CIN U45201TN2003PTC050568. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shriram Land Development India has 2 current directors:
- Venkataraman Swaminathan - Managing Director
- Sridhar Ganesh Kulkarni - Director
The latest financial statements of Shriram Land Development India on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shriram Land Development India is U45201TN2003PTC050568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shriram Land Development India has open charges of ₹25.07 Lakh and satisfied charges of ₹11.07 Cr as per latest MCA filings.
Shriram Land Development India has 12 court cases on record: 4 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Shriram Land Development India was incorporated on 25 March 2003. It is registered with the Registrar of Companies, Chennai.
Shriram Land Development India has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹41.69 Cr; the latest was in August 2015.
Sridhar Ganesh Kulkarni ceased to be Additional Director on 28 Sep 2018. Sridhar Ganesh Kulkarni was appointed as Director on 16 Mar 2018. Dasari Ramesh ceased to be Company Secretary on 30 Nov 2016. Shriram Land Development India has 8 board changes on record in total.
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