- Category
- Small (2023-24)
- Udyam number
- UDYAM-KL-12-0012237
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About Si Property (Kerala) Private Limited
Data last updated:
Si Property (Kerala) Private Limited is a private limited company based in Thiruvananthapuram, Kerala, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U70101KL2000PTC014008. Its GSTIN is 32AAFCS2896E1ZC (Kerala).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹50.01 Lakh. It is led by directors including Raghuchandran Nair Narayana Pillai Sarasamma (Managing Director) and Advaith Raghuchandrannair Sheela (Whole-Time Director).
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 Silveroaks Neargolfclub Kowdiar, Thiruvananthapuram, Kerala, India – 695003.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.6 Cr, a growth of 94% compared to the previous year. For the same year it recorded a net profit of ₹15.43 Lakh (net margin 0.9%) and EBITDA of ₹70.3 Lakh (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 1% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.36 Cr and satisfied charges of ₹7.59 Cr on record. Court records list 16 cases involving the company, including 10 filed by the company and 6 filed against it; 2 cases are pending.
Si Property (Kerala) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-12-0012237). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website siproperty.in.
Company details
Recognitions & Rankings of Si Property (Kerala)
Contact details
Si Property (Kerala) Private Limited's registered office is in Thiruvananthapuram, Kerala. Its website is siproperty.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSilveroaks Neargolfclub Kowdiar, Thiruvananthapuram, Kerala, India – 695003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Si Property (Kerala) 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 Si Property (Kerala) 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 Si Property (Kerala) Private Limited, buy the company report.
Financials of Si Property (Kerala) Private Limited
FY 2025 filings availableSi Property (Kerala) Private Limited reported revenue of ₹17.6 Cr (up 94% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 94% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 26% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹70.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Si Property (Kerala) Private Limited, buy the company report.
Board of directors of Si Property (Kerala) Private Limited
Si Property (Kerala) has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghuchandran Nair Narayana Pillai Sarasamma Also directs: Kombans Sports Foundation | Managing Director | 21 Jun 2000 | 26 Years 4 Months | Current |
| Sheela Ponnamma Thankachi Madhavan Nair | Director | 04 Sep 2003 | 23 Years 2 Months | Current |
| Advaith Raghuchandrannair Sheela | Whole-Time Director | 21 Nov 2014 | 11 Years 11 Months | Current |
Peer comparison
Si Property (Kerala) 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 |
|---|---|---|---|---|---|---|
| Swabhimani Bharath Constructions Private Limited | ₹17.6 Cr (FY 2025) | 54.0% | Bengaluru, Karnataka, India | |||
| Si Property (Kerala) Private Limitedthis company | ₹17.6 Cr (FY 2024) | ₹15.43 Lakh | 0.9% | 94.0% | 14 | Thiruvananthapuram, Kerala, India |
| P R Infracon Private Limited | ₹17.57 Cr (FY 2024) | 55.0% | Meerut, Uttar Pradesh, India | |||
| Creative Buildwell Private Limited | ₹17.56 Cr (FY 2024) | 52.0% | New Delhi, Delhi, India |
To see the full peer comparison of Si Property (Kerala) Private Limited, buy the company report.
Auditor
Si Property (Kerala) Private Limited is audited by Thajudeen & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Thajudeen & Associates | FY 2023 | 004349S |
Shareholding
The shareholding of Si Property (Kerala) 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Si Property (Kerala) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2023 | 100793041 | State Bank of India | ₹15 Cr | Open | |
| 06 Jul 2022 | 100599074 | Dhanlaxmi Bank Limited | ₹36 Lakh | Open | |
| 14 Aug 2010 | 10242235 | Others | ₹2 Cr | Open | |
| 21 Dec 2018 | 100230265 | Others | ₹6.63 Lakh | Satisfied | |
| 06 Feb 2018 | 100158707 | Others | ₹1.5 Cr | Satisfied |
To see the full charge records of Si Property (Kerala) Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Si Property (Kerala) Private Limited has 16 court cases on record: 10 filed by Si Property (Kerala), 6 filed against it. 2 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 2 | 2 |
| District courts | 6 | 4 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Kerala | Writ petition | Filed against the company | Pending |
| High Court, Kerala | Writ petition | Filed by the company against individuals | Pending |
| High Court, Kerala | Court case (C.E.Appeal) | Filed by the company against The Commissioner of Central Excise, | Disposed |
| High Court | Writ petition | Filed by the company against Asst. Commissioner (W.C) and 2 others | Disposed |
| District court, Thiruvananthapuram, Kerala | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Si Property (Kerala) 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
Si Property (Kerala) Private Limited has 8 MSME Form 1 returns on record between 2021 and 2024, listing 328 overdue payments to 15 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 15)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| JBP & Associates |
To see the full MSME payment records of Si Property (Kerala) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Si Property (Kerala) Private Limited has a workforce of 14 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Si Property (Kerala) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAFCS2896E1ZC | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Si Property (Kerala) Private Limited, buy the company report.
Recent activity
Si Property (Kerala) Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Advaith Raghuchandrannair Sheela ceased to be Additional Director on 30 Sep 2015.
33 earlier events are in the company report.
Frequently asked questions
Si Property (Kerala) is an active private limited company based in Thiruvananthapuram, Kerala, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 June 2000 (26+ years old) and is registered under CIN U70101KL2000PTC014008.
Si Property (Kerala) has 3 current directors:
- Raghuchandran Nair Narayana Pillai Sarasamma - Managing Director
- Advaith Raghuchandrannair Sheela - Whole-Time Director
- Sheela Ponnamma Thankachi Madhavan Nair - Director
The latest financial statements of Si Property (Kerala) 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 Si Property (Kerala) is 32AAFCS2896E1ZC, registered in Kerala.
The CIN (Corporate Identification Number) of Si Property (Kerala) is U70101KL2000PTC014008. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Si Property (Kerala) has 16 court cases on record: 10 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Si Property (Kerala) was incorporated on 19 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Si Property (Kerala) by revenue are Swabhimani Bharath Constructions Private Limited, P R Infracon Private Limited, Creative Buildwell Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Advaith Raghuchandrannair Sheela ceased to be Additional Director on 30 Sep 2015. Advaith Raghuchandrannair Sheela was appointed as Whole-Time Director on 21 Nov 2014. Sheela Ponnamma Thankachi Madhavan Nair was appointed as Director on 04 Sep 2003. Si Property (Kerala) has 4 board changes on record in total.
Yes, Si Property (Kerala) is registered as a small enterprise under Udyam registration (number: UDYAM-KL-12-0012237).
Si Property (Kerala) has 8 MSME Form 1 returns on record between 2021 and 2024, listing 328 overdue payments to 15 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Si Property (Kerala) can be reached through the website siproperty.in. Its registered office is in Thiruvananthapuram, Kerala, India.

