
Skand Private Limited
About Skand Private Limited
Data last updated:
Skand Private Limited is a private limited company based in Sandur, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 28 January 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U60210KA1974PTC002491. Its GSTIN is 29AACCS5623E1ZF (Karnataka).
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹1.54 Cr. It is led by directors including Suryaprabha Ajai Ghorpade (Whole-Time Director) and Bahirji Ajay Ghorpade.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at P.B.#7 Palace Grounds Sandur, Karnataka, India – 583119.
As per the financials filed for FY 2025, the company reported a revenue of ₹3,213.04 Cr, a growth of 141% compared to the previous year. For the same year it recorded a net profit of ₹468.37 Cr (net margin 14.6%) and EBITDA of ₹862.13 Cr (EBITDA margin 26.8%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 40% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2.95 Cr and satisfied charges of ₹475.78 Cr on record. Court records list 18 cases involving the company, including 14 filed by the company and 4 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in August 2008. Its 10 peer companies in the same principal business activity (real estate activities with own or leased property) are compared by revenue, 5 larger and 5 smaller; the largest is Brigade Enterprises Limited with revenue of ₹5,313.54 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Skand Private Limited's registered office is in Sandur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP.B.#7 Palace Grounds Sandur, Karnataka, India – 583119
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Skand 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 Skand is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Skand Private Limited, buy the company report.
Financials of Skand Private Limited
FY 2025 filings availableSkand Private Limited reported revenue of ₹3,213.04 Cr (up 141% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 141% growth in the latest year. EBITDA rose 114% 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 |
|---|---|---|---|---|---|
| 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 | ₹862.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹468.37 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 | 26.8% | ||||
| Net Profit Margin | 14.6% | ||||
| 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 Skand Private Limited, buy the company report.
Board of directors of Skand Private Limited
Skand has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suryaprabha Ajai Ghorpade | Whole-Time Director | 01 Oct 1998 | 28 Years 0 Months | Current |
| Bahirji Ajay Ghorpade Also directs: The Sandur Manganese and Iron Ores Limited, Arjas Steel Private Limited, Royal Sandur Medtech Private Limited and 3 more | Director | 25 Jun 2019 | 7 Years 4 Months | Current |
| Aditi Raja | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
| Venkatachalam Balasubramanian Also directs: International Sericulture Alliance | Director | 16 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Skand Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brigade Enterprises Limited | ₹5,313.54 Cr (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| DLF Home Developers Limited | ₹4,148.14 Cr (FY 2025) | 23.0% | Gurgaon, Haryana, India | |||
| The Phoenix Mills Limited | ₹3,964.47 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Prime Focus Limited | ₹3,825.5 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Embassy Property Developments Private Limited | ₹3,232.02 Cr (FY 2025) | 152.0% | Bangalore, Karnataka, India | |||
| Skand Private Limitedthis company | ₹3,213.04 Cr (FY 2025) | ₹468.37 Cr | 14.6% | 141.0% | 2 | Sandur, Karnataka, India |
| Casagrand Premier Builder Limited | ₹2,775.6 Cr (FY 2025) | 4.0% | Chennai, Tamil Nadu, India | |||
| Signatureglobal (India) Limited | ₹2,637.99 Cr (FY 2025) | 99.0% | New Delhi, Delhi, India | |||
| Aparna Constructions and Estates Private Limited | ₹2,592.95 Cr (FY 2024) | -15.0% | Hyderabad, Telangana, India | |||
| The Hindustan Times Ltd | ₹2,528.51 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Muzcovite Constructions Private Limited | ₹2,343.41 Cr (FY 2017) | 35.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Skand Private Limited, buy the company report.
Auditor
Skand Private Limited is audited by DAGLIYA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAGLIYA & CO | FY 2023 | 0671S |
Shareholding
The shareholding of Skand 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 Skand Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 1996 | 90194033 | Karnataka State Financial Corporation | ₹75 Lakh | Open | |
| 14 May 1996 | 90191652 | Karnataka State Financial Corporation | ₹2 Cr | Open | |
| 01 Mar 1993 | 90389584 | The Maharashtra State Financial Corporation | ₹20 Lakh | Open | |
| 26 Mar 2019 | 100249561 | Others | ₹470 Cr | Satisfied | |
| 07 Feb 2005 | 90189627 | Manipal Housing Finance Syndicate Ltd | ₹1.46 Cr | Satisfied |
To see the full charge records of Skand Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Skand Private Limited has 2 deals on record (2 secondary share transfers); the latest was in August 2008.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: Sunshine Real Estates and Constructions Private Limited , 2 individuals Seller: Shivapur Trust, Shivavilas Trust |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Sunshine Real Estates and Constructions Private Limited , Sattari Engineering Enterprises Private Limited , 2 individuals Seller: Sandur Real Estate & Constructions Private Limited, Sandur Udyog Private Limited , Sandur Sales and Services Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Skand Private Limited has 18 court cases on record: 14 filed by Skand, 4 filed against it. 1 case is pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 1 |
| High courts | 8 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Tata Capital Financial Services Ltd. and 11 Ors | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against M G B Automotives Pvt Ltd | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against M G B Automotives Pvt Ltd | Disposed |
| High Court of Karnataka | Court case (MFA) | Filed against the company by Icds Ltd | Disposed |
| District court, UDUPI, Karnataka | Court case (A.S.) | Filed by the company against Ms Manipal Finance Corporation Ltd and 1 other | Disposed |
To see the full case history of Skand 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 Skand Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Skand has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| The Sandur Manganese and Iron Ores Limited | L85110KA1954PLC000759 |
To see the full group structure of Skand Private Limited, buy the company report.
Employees & EPFO
Skand Private Limited has a workforce of 2 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Skand has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS5623E1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Skand Private Limited, buy the company report.
Recent activity
Skand Private Limited has 13 board changes on record since 1998: 4 appointments and 9 cessations. The latest: Aditi Raja was appointed as Director on 16 Dec 2019.
23 earlier events are in the company report.
Frequently asked questions
Skand is an active private limited company based in Sandur, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 28 January 1974 (52+ years old) and is registered under CIN U60210KA1974PTC002491.
Skand has 4 current directors:
- Suryaprabha Ajai Ghorpade - Whole-Time Director
- Bahirji Ajay Ghorpade - Director
- Aditi Raja - Director
- Venkatachalam Balasubramanian - Director
The latest financial statements of Skand on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Skand is 29AACCS5623E1ZF, registered in Karnataka.
The CIN (Corporate Identification Number) of Skand is U60210KA1974PTC002491. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skand has 18 court cases on record: 14 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Skand was incorporated on 28 January 1974, making it 52+ years old. It is registered with the Registrar of Companies, Bangalore.
Skand has 2 deals on record (2 secondary share transfers); the latest was in August 2008.
The peers of Skand by revenue are Brigade Enterprises Limited, DLF Home Developers Limited, The Phoenix Mills Limited, Prime Focus Limited, Embassy Property Developments Private Limited and 5 more, all in the same principal business activity (real estate activities with own or leased property).
Aditi Raja was appointed as Director on 16 Dec 2019. Venkatachalam Balasubramanian was appointed as Director on 16 Dec 2019. Prakash Kumbar ceased to be Director on 01 Jul 2019. Skand has 13 board changes on record in total.
The registered office of Skand is at P.B.#7 Palace Grounds Sandur, Karnataka, India – 583119.

