MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0267119
Silverstream Developers Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.55 Cr
▼ 13% YoY
Net loss · FY 2025
₹5.49 Cr
Net margin -9.2%
EBITDA · FY 2025
-₹5.37 Cr
EBITDA margin -9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹95.45 Cr
Satisfied ₹50 Cr
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings
About Silverstream Developers Private Limited
Data last updated:
Silverstream Developers Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Enessen Estate Holdings Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA2015PTC078919. Its GSTIN is 29AAVCS5060J1ZM (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 Narendra Nambudumada Subbaiah and Amala Natarajan.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Level 3 & 4 Embassy Diamante 34 Vittal Mallya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.55 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹5.49 Cr (net margin -9.2%) and EBITDA of -₹5.37 Cr (EBITDA margin -9%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 448% over five years.
As per MCA filings, the company has open charges of ₹95.45 Cr and satisfied charges of ₹50 Cr on record. Court records list 30 cases involving the company, including 4 filed by the company and 26 filed against it; 11 cases are pending.
Silverstream Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0267119). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smartowner.com.
Company details
CIN U70100KA2015PTC078919
Registration Number 078919
Incorporation Date 19 February 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Enessen Estate Holdings Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0267119
Key People
Narendra Nambudumada Subbaiah Director Priya Sarathy Additional Director Amala Natarajan Director Recognitions & Rankings of Silverstream Developers
Contact details
Silverstream Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is smartowner.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLevel 3 & 4 Embassy Diamante 34 Vittal Mallya Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Silverstream Developers Private Limited, buy the company report.
Comprehensive company report
Silverstream Developers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Silverstream Developers 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 Silverstream Developers Private Limited, buy the company report.
Financials of Silverstream Developers Private Limited
FY 2024 filings availableSilverstream Developers Private Limited reported revenue of ₹59.55 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹59.55 Cr ▼ 13%
Net loss · FY 2025
₹5.49 Cr margin -9.2%
EBITDA · FY 2025
-₹5.37 Cr margin -9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 24%
5 years · compounded
▲ 448%
EBITDA CAGR growth
1 year
▼ 923%
3 years · compounded
▼ 89%
5 years · compounded
▼ 246%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 448%. EBITDA fell 923% 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 | -₹5.37 Cr | ||||
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| Net Profit (PAT) | -₹5.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -9% | ||||
| Net Profit Margin | -9.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Silverstream Developers Private Limited, buy the company report.
Board of directors of Silverstream Developers Private Limited
Silverstream Developers has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narendra Nambudumada Subbaiah Also directs: Xamta SDC LLP, Enessen Estate Holdings Private Limited, Firepro Systems Private Limited and 5 more | Director | 23 Feb 2015 | 11 Years 8 Months | Current |
| Priya Sarathy Also directs: Regal Dwellings Private Limited, Imperial Dwellings Private Limited, Oaktree Properties Private Limited and 5 more | Additional Director | 08 Nov 2024 | 1 Years 11 Months | Current |
| Amala Natarajan Also directs: Regal Dwellings Private Limited, Imperial Dwellings Private Limited, Oaktree Properties Private Limited and 5 more | Director | 09 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Silverstream Developers Private Limited is audited by NAVIN NAYAK & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVIN NAYAK & ASSOCIATES | FY 2023 | 014367S |
Shareholding
The shareholding of Silverstream Developers 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 Silverstream Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹95.45 Cr
Satisfied charges
₹50 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Apr 2022 | 100595726 | Others | ₹10 Cr | Open | |
| 17 Aug 2021 | 100489317 | Others | ₹25 Cr | Open | |
| 15 Feb 2021 | 100452917 | Others | ₹30.23 Cr | Open | |
| 15 Feb 2021 | 100498320 | Others | ₹30.23 Cr | Open | |
| 29 May 2020 | 100352561 | Others | ₹50 Cr | Satisfied |
To see the full charge records of Silverstream Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Silverstream Developers Private Limited has 30 court cases on record: 4 filed by Silverstream Developers, 26 filed against it. 11 cases are pending and 19 are disposed.
Total cases
30
Filed by the company
4
Filed against the company
26
Pending
11
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 14 | 6 |
| District courts | 14 | 12 | 5 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.P.) | Filed by the company against Cushman and Wakefield India Pvt Ltd | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Imperial Dwellings Private Limited | Pending |
| High Court | Writ petition | Filed against the company by Smartowner Services India Private Limited | Pending |
| High Court | Writ petition | Filed against the company by Smart Asset Services India Private Limited | Pending |
| High Court | Writ petition | Filed by the company against Smart Asset Services India Private Limited and 2 others | Pending |
To see the full case history of Silverstream 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 Silverstream Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Silverstream Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS5060J1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Silverstream Developers Private Limited, buy the company report.
Recent activity
Silverstream Developers Private Limited has 12 board changes on record since 2015: 3 appointments and 9 cessations. The latest: Priya Sarathy was appointed as Additional Director on 08 Nov 2024.
Appointed
Priya Sarathy was appointed as Additional Director.
AGM
Silverstream Developers Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
Filing
Silverstream Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Achyuta Ashok Iyengar ceased to be Additional Director.
Ceased
Amala Natarajan ceased to be Additional Director.
Ceased
Anand Sitaraman Nitin ceased to be Director.
Appointed
Amala Natarajan was appointed as Director.
Charges
A charge with Others amounted to Rs. 1,000.00 Lakh with Charge ID 100595726 was registered on 25 Apr 2022.
Ceased
Abhishek Singhvi ceased to be Director.
Charges
A charge with Others amounted to Rs. 2,500.00 Lakh with Charge ID 100489317 was registered on 17 Aug 2021.
Charges
A charge with Others amounted to Rs. 3,022.70 Lakh with Charge ID 100452917 was registered on 15 Feb 2021.
Charges
A charge with Others amounted to Rs. 3,022.70 Lakh with Charge ID 100498320 was registered on 15 Feb 2021.
9 earlier events are in the company report.
Frequently asked questions
Silverstream 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 19 February 2015 (11+ years old) and is registered under CIN U70100KA2015PTC078919.
Silverstream Developers has 3 current directors:
- Narendra Nambudumada Subbaiah - Director
- Priya Sarathy - Additional Director
- Amala Natarajan - Director
The latest financial statements of Silverstream Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Silverstream Developers is 29AAVCS5060J1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Silverstream Developers is U70100KA2015PTC078919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silverstream Developers has 30 court cases on record: 4 filed by the company and 26 filed against it. 11 are pending. Most are in the high courts.
Silverstream Developers was incorporated on 19 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Priya Sarathy was appointed as Additional Director on 08 Nov 2024. Achyuta Ashok Iyengar ceased to be Additional Director on 28 Oct 2022. Amala Natarajan ceased to be Additional Director on 28 Oct 2022. Silverstream Developers has 12 board changes on record in total.
Yes, Silverstream Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0267119).
Silverstream Developers can be reached through the website smartowner.com. Its registered office is in Bangalore, Karnataka, India.