Silver Sands Property Development Private Limited
About Silver Sands Property Development Private Limited
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Silver Sands Property Development Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 August 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2004PTC053995. Its GSTIN is 33AAJCS4433P1ZY (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Venkata Siddartha Setty and Eswaraprasad Gadde.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Tf – 4 12/9 Sree Mansion Apartments Rathnambal Street Rangarajapuram, Chennai, Tamil Nadu, India – 600024.
As per the financials filed for FY 2024, the company reported a revenue of ₹96.45 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹6.96 Lakh (net margin 7.2%) and EBITDA of ₹8.27 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 293% over three years and 36% over five years.
Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Silver Sands Property Development Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTf – 4 12/9 Sree Mansion Apartments Rathnambal Street Rangarajapuram, Chennai, Tamil Nadu, India – 600024
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Silver Sands Property Development 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 Silver Sands Property Development Private Limited
FY 2024 filings availableSilver Sands Property Development Private Limited reported revenue of ₹96.45 Lakh (up 19103% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years. 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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| EBITDA | ₹8.27 Lakh | ||||
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| Net Profit (PAT) | ₹6.96 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 7.2% | ||||
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To see the full financial statements and ratios of Silver Sands Property Development Private Limited, buy the company report.
Board of directors of Silver Sands Property Development Private Limited
Silver Sands Property Development 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 |
|---|---|---|---|---|
| Venkata Siddartha Setty | Director | 04 Jul 2022 | 4 Years 3 Months | Current |
| Eswaraprasad Gadde | Director | 26 Aug 2011 | 15 Years 1 Months | Current |
| Gogineni Ramesh | Director | 18 Aug 2004 | 22 Years 2 Months | Current |
Auditor
Silver Sands Property Development Private Limited is audited by ASHOK AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK AND CO | FY 2023 | 015987S |
Shareholding
The shareholding of Silver Sands Property Development 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 Silver Sands Property Development Private Limited, buy the company report.
Legal cases
Silver Sands Property Development Private Limited has 7 court cases on record: 4 filed by Silver Sands Property Development, 3 filed against it. 1 case is pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 3 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CMSA) | Filed against the company by M/S. Color Homes Developers Pvt Ltd., | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Silver Sands Property Development 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 Silver Sands Property Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silver Sands Property Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCS4433P1ZY | Tamil Nadu | Active | 24 Feb 2023 |
To see the full GST registrations and return filing status of Silver Sands Property Development Private Limited, buy the company report.
Recent activity
Silver Sands Property Development Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Venkata Siddartha Setty was appointed as Director on 04 Jul 2022.
Frequently asked questions
Silver Sands Property Development is an active 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 18 August 2004 (22+ years old) and is registered under CIN U70109TN2004PTC053995.
Silver Sands Property Development has 3 current directors:
- Venkata Siddartha Setty - Director
- Eswaraprasad Gadde - Director
- Gogineni Ramesh - Director
The latest financial statements of Silver Sands Property Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Silver Sands Property Development is 33AAJCS4433P1ZY, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Silver Sands Property Development is U70109TN2004PTC053995. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silver Sands Property Development has 7 court cases on record: 4 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Silver Sands Property Development was incorporated on 18 August 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
Venkata Siddartha Setty was appointed as Director on 04 Jul 2022. Setty Rao Nageswara ceased to be Director on 19 Jan 2017. Gadde Padmalatha ceased to be Director on 05 Sep 2011. Silver Sands Property Development has 5 board changes on record in total.
The registered office of Silver Sands Property Development is at Tf – 4 129 Sree Mansion Apartments Rathnambal Street Rangarajapuram, Chennai, Tamil Nadu, India – 600024.
Silver Sands Property Development operates in the real estate and construction industry, in the real estate builders and developers segment.