Sidvin Developers Private Limited
About Sidvin Developers Private Limited
Data last updated:
Sidvin Developers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 30 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2013PTC070369. Its GSTIN is 29AAECV5256C3Z7 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It was formerly known as Voterite Software Private Limited. It is led by directors including Kondappa Naidu Venkatramappa Gurappa and Priyatham Vankayalapati.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹36.5 Cr. For the same year it recorded a net profit of ₹2.82 Cr (net margin 7.7%) and EBITDA of ₹4.23 Cr (EBITDA margin 11.6%).
As per MCA filings, the company has open charges of ₹50 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sidvin Developers has one previous CIN (Corporate Identification Number): U72200KA2013PTC070369. The current CIN is U45400KA2013PTC070369, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400KA2013PTC070369 | Current |
| U72200KA2013PTC070369 | Previous |
Contact details
Sidvin Developers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressBalaji'S Arcade 5th Floor Opp Brigade Cosmopolis Whitefield Main Road Whitefie, D, Bangalore, Karnataka, India – 560066
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sidvin 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
Financials of Sidvin Developers Private Limited
FY 2025 filings availableSidvin Developers Private Limited reported revenue of ₹36.5 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.82 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.6% | ||||
| Net Profit Margin | 7.7% | ||||
| 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 Sidvin Developers Private Limited, buy the company report.
Board of directors of Sidvin Developers Private Limited
Sidvin Developers has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondappa Naidu Venkatramappa Gurappa Also directs: GVKN Agri Ventures LLP, Sam Agri Realty LLP, Sam's Delight Nuts & Dried Fruit LLP and 5 more | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Priyatham Vankayalapati Also directs: Sam Agri Realty LLP, Sam's Delight Nuts & Dried Fruit LLP, Samberry Exotics Private Limited and 5 more | Director | 23 Sep 2023 | 3 Years 1 Months | Current |
| Srinivasaiah | Director | 25 Aug 2022 | 4 Years 2 Months | Current |
| Nalagampalle Vikram Papudesi Also directs: SDPL Constructions Private Limited, VRK Ventures Private Limited, NPV Developers LLP and 4 more | Director | 14 Mar 2015 | 11 Years 7 Months | Current |
| Ramesh Naidu | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
| Shekar | Director | 22 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
Sidvin Developers Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| French Buildmart Private Limited | ₹36.56 Cr (FY 2024) | 545.0% | New Delhi, Delhi, India | |||
| Celebrity Structures India Private Limited | ₹36.55 Cr (FY 2024) | 9.0% | Telangana, India | |||
| Adhiraj Constructions Private Limited | ₹36.53 Cr (FY 2024) | -73.0% | Mumbai, Maharashtra, India | |||
| O P Kandoi & Company Pvt Ltd | ₹36.51 Cr (FY 2025) | 25.0% | Siliguri, West Bengal, India | |||
| Vayuputra Builders and Infrastructures Private Limited | ₹36.5 Cr (FY 2025) | 967.0% | Thane, Maharashtra, India | |||
| Sidvin Developers Private Limitedthis company | ₹36.5 Cr (FY 2025) | ₹2.82 Cr | 7.7% | Bangalore, Karnataka, India | ||
| Sai Chirag Infra Project Private Limited | ₹36.48 Cr (FY 2025) | 120.0% | Raigad, Maharashtra, India | |||
| Phoenix Infra Zone Private Limited | ₹36.46 Cr (FY 2025) | -33.0% | Hyderabad, Telangana, India | |||
| Phoenix Infra Global Private Limited | ₹36.44 Cr (FY 2025) | 603.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sidvin Developers Private Limited, buy the company report.
Auditor
Sidvin Developers Private Limited is audited by DINESH BHATKAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH BHATKAL & ASSOCIATES | FY 2022 |
Shareholding
The shareholding of Sidvin Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sidvin Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101199267 | Others | ₹50 Cr | Open |
To see the full charge records of Sidvin Developers Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Sidvin Developers Private Limited has 6 court cases on record: 6 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 6 |
Cases on record (2 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Sidvin Developers 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 Sidvin Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sidvin Developers has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECV5256C3Z7 | Karnataka | Active | 19 Apr 2023 |
To see the full GST registrations and return filing status of Sidvin Developers Private Limited, buy the company report.
Recent activity
Sidvin Developers Private Limited has 14 board changes on record since 2015: 6 appointments and 8 cessations. The latest: Priyatham Vankayalapati ceased to be Additional Director on 29 Sep 2023.
7 earlier events are in the company report.
Frequently asked questions
Sidvin Developers is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 30 July 2013 (13+ years old) and is registered under CIN U45400KA2013PTC070369.
Sidvin Developers has 6 current directors:
- Kondappa Naidu Venkatramappa Gurappa - Director
- Priyatham Vankayalapati - Director
- Srinivasaiah - Director
- Nalagampalle Vikram Papudesi - Director
- Ramesh Naidu - Director
- Shekar - Director
The latest financial statements of Sidvin Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sidvin Developers is 29AAECV5256C3Z7, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sidvin Developers is U45400KA2013PTC070369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sidvin Developers has 6 court cases on record: 6 filed against it. 6 are pending.
Sidvin Developers was incorporated on 30 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sidvin Developers by revenue are French Buildmart Private Limited, Celebrity Structures India Private Limited, Adhiraj Constructions Private Limited, O P Kandoi & Company Pvt Ltd, Vayuputra Builders and Infrastructures Private Limited and 3 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Priyatham Vankayalapati ceased to be Additional Director on 29 Sep 2023. Priyatham Vankayalapati was appointed as Director on 23 Sep 2023. Koganti Rani Sirisha ceased to be Director on 11 Mar 2023. Sidvin Developers has 14 board changes on record in total.
The registered office of Sidvin Developers is at BalajiS Arcade 5th Floor Opp Brigade Cosmopolis Whitefield Main Road Whitefie, D, Bangalore, Karnataka, India – 560066.
Sidvin Developers operates in the real estate and construction industry, in the real estate builders and developers segment.