About SL Residential Layout Private Limited
Data last updated:
SL Residential Layout Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Sl Plotted Development Projects Private Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 June 2017.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2017PTC103654. Its GSTIN is 29AAYCS7772A1ZN (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Veerabhadrappa Girish and Venkataraman Swaminathan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at #44/1 8th Main Road Rmv Extension Sadashivnagar, Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2021, the company reported a revenue of ₹28.42 Cr, a growth of 121% compared to the previous year. For the same year it recorded a net profit of ₹8.14 Lakh (net margin 0.3%) and EBITDA of ₹5.33 Cr (EBITDA margin 18.8%). Revenue has grown at a compounded annual rate (CAGR) of 323% over three years.
As per MCA filings, the company has open charges of ₹53.15 Cr on record. Court records list 34 cases involving the company, including 8 filed by the company and 26 filed against it; 10 cases are pending.
The last known website on record is shriramland.com.
Company details
Contact details
SL Residential Layout Private Limited's registered office is in Bangalore, Karnataka. Its website is shriramland.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#44/1 8th Main Road Rmv Extension Sadashivnagar, Bangalore, Karnataka, India – 560080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SL Residential Layout 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 SL Residential Layout is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of SL Residential Layout Private Limited, buy the company report.
Financials of SL Residential Layout Private Limited
FY 2022 filings availableSL Residential Layout Private Limited reported revenue of ₹28.42 Cr (up 121% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 323% over three years, including 121% growth 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹28.42 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.33 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹8.14 Lakh | |||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18.8% | |||
| Net Profit Margin | 0.3% | |||
| 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 SL Residential Layout Private Limited, buy the company report.
Board of directors of SL Residential Layout Private Limited
SL Residential Layout has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veerabhadrappa Girish | Director | 07 Jun 2017 | 9 Years 5 Months | As last reported |
| Venkataraman Swaminathan | Director | 07 Jun 2017 | 9 Years 5 Months | As last reported |
| Jayagopal Venkataraman | Irp/Rp/Liquidator | 12 Nov 2024 | 1 Years 11 Months | As last reported |
Auditor
SL Residential Layout Private Limited is audited by PR HEGDE & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PR HEGDE & ASSOCIATES | FY 2021 | 017375S |
Shareholding
The shareholding of SL Residential Layout Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 SL Residential Layout Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2022 | 100593460 | Hdfc Bank Limited | ₹14.84 Lakh | Open | |
| 18 Aug 2018 | 100206352 | Others | ₹32 Cr | Open | |
| 18 Jul 2017 | 100113713 | Others | ₹21 Cr | Open |
To see the full charge records of SL Residential Layout Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
SL Residential Layout Private Limited has 34 court cases on record: 8 filed by SL Residential Layout, 26 filed against it. 10 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 16 | 7 |
| High courts | 15 | 9 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Catalyst Trusteeship Limited | Pending |
| High Court, KARNATAKA | Court case (CCC) | Filed against the company by Catalyst Trusteeship Limited and 2 others | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Catalyst Trusteeship Limited | Disposed |
| High Court, MAHARASHTRA | Court case (LPETN) | Filed against the company by Milestone Trusteeship Services Pvt. Ltd. | Disposed |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Milestone Trusteeship Services Pvt. Ltd. | Disposed |
To see the full case history of SL Residential Layout 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 SL Residential Layout Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
SL Residential Layout has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS7772A1ZN | Karnataka | Active | 02 Sep 2020 |
To see the full GST registrations and return filing status of SL Residential Layout Private Limited, buy the company report.
Recent activity
SL Residential Layout Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Jayagopal Venkataraman was appointed as Irp/Rp/Liquidator on 12 Nov 2024.
Frequently asked questions
SL Residential Layout is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
SL Residential Layout is a company under insolvency, formerly operating as a 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 07 June 2017 and is registered under CIN U70109KA2017PTC103654. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
SL Residential Layout has 3 current directors:
- Veerabhadrappa Girish - Director
- Venkataraman Swaminathan - Director
- Jayagopal Venkataraman - Irp/Rp/Liquidator
The latest financial statements of SL Residential Layout on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of SL Residential Layout is U70109KA2017PTC103654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SL Residential Layout has open charges of ₹53.15 Cr and no satisfied charges on record as per latest MCA filings.
SL Residential Layout has 34 court cases on record: 8 filed by the company and 26 filed against it. 10 are pending. Most are in the district courts.
SL Residential Layout was incorporated on 07 June 2017. It is registered with the Registrar of Companies, Bangalore.
Jayagopal Venkataraman was appointed as Irp/Rp/Liquidator on 12 Nov 2024. Veerabhadrappa Girish was appointed as Director on 07 Jun 2017. Venkataraman Swaminathan was appointed as Director on 07 Jun 2017.
SL Residential Layout can be reached through the website shriramland.com. Its registered office is in Bangalore, Karnataka, India.
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