About Smartowner Services India Private Limited
Data last updated:
Smartowner Services India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Smartowner Pte. Ltd.. It operates in the online real estate platforms segment of the internet and digital services sector. It was incorporated on 19 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2012PTC064449. Its GSTIN is 29AARCS7066C1ZV (Karnataka).
The company has an authorised share capital of ₹42 Lakh and a paid-up capital of ₹40.63 Lakh. It is led by directors Srinivasan Neeraja and Vinay.
Its last annual general meeting (AGM) was held on 15 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8th Floor Delta Block Sigma Tech Park Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.29 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 8%) and EBITDA of ₹2.7 Cr (EBITDA margin 13.3%). Revenue has declined at a compounded annual rate (CAGR) of 315% over three years and 7% over five years.
The company has about 53 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: SmartOwner. Court records list 88 cases involving the company, including 7 filed by the company and 82 filed against it; 14 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.05 Cr; the latest was in September 2014.
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
Contact details
Smartowner Services India 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 Address8th Floor Delta Block Sigma Tech Park Whitefield, Bangalore, Karnataka, India – 560066
- IndustryInternet, Online Real Estate Platforms
To see the full contact details of Smartowner Services India 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
Brands
Smartowner Services India operates one associated brand: SmartOwner. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Curated real estate investment opportunities are provided to investors. | smartowner.com |
Business activity
The main business activity of Smartowner Services India is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Smartowner Services India Private Limited, buy the company report.
Financials of Smartowner Services India Private Limited
FY 2024 filings availableSmartowner Services India Private Limited reported revenue of ₹20.29 Cr (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 14% fall in the latest year. EBITDA rose 14% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.62 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 8% | ||||
| 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 Smartowner Services India Private Limited, buy the company report.
Board of directors of Smartowner Services India Private Limited
Smartowner Services India has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Neeraja Also directs: Stonehill Properties India LLP, Springdew Properties India LLP, Pearlriver Properties LLP and 5 more | Director | 22 Jul 2023 | 3 Years 3 Months | Current |
| Vinay Also directs: Urban Offices India LLP, Stonehill Properties India LLP, Springdew Properties India LLP and 5 more | Director | 13 Apr 2023 | 3 Years 6 Months | Current |
Auditor
Smartowner Services India 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 Smartowner Services India 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 Smartowner Services India Private Limited, buy the company report.
Deals & funding
Smartowner Services India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.05 Cr; the latest was in September 2014.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Funding round | ₹63.4 Lakh | Investors: Smartowner Pte Ltd |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Smartowner Pte Ltd Seller: an individual |
| Mar 2013 | Funding round | ₹42 Lakh | Investors: Smartowner Pte Ltd |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Smartowner Services India Private Limited has 88 court cases on record: 7 filed by Smartowner Services India, 82 filed against it. 14 cases are pending and 74 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 74 | 71 | 11 |
| District courts | 13 | 10 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Imperial Dwellings Private Limited | Pending |
| High Court | Writ petition | Filed by the company against Smartowner Services India Private Limited and 3 others | Pending |
| High Court, KARNATAKA | Writ petition | Filed against the company by Regal Dwellings Private Limited | Disposed |
| High Court, KARNATAKA | Writ petition | Filed by the company against Silverstream Developers Private Limited and 14 others | Disposed |
| High Court of Karnataka | Court case (CRL.P) | Filed by the company against Imperial Dwellings Private Limited and 3 others | Disposed |
To see the full case history of Smartowner Services India 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 Smartowner Services India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Smartowner Services India has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Realmart Property Solutions Private Limited | U70100KA2013PTC069415 |
To see the full group structure of Smartowner Services India Private Limited, buy the company report.
Employees & EPFO
Smartowner Services India Private Limited has a workforce of 53 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Smartowner Services India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AARCS7066C1ZV | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Smartowner Services India Private Limited, buy the company report.
Recent activity
Smartowner Services India Private Limited has 16 board changes on record since 2013: 2 appointments and 14 cessations. The latest: Srinivasan Neeraja ceased to be Additional Director on 29 Sep 2023.
7 earlier events are in the company report.
News
Frequently asked questions
Smartowner Services India is an active private limited company based in Bangalore, Karnataka, India. The company works in online real estate platforms, within the internet industry. It was incorporated on 19 June 2012 (14+ years old) and is registered under CIN U74999KA2012PTC064449.
Smartowner Services India has 2 current directors:
- Srinivasan Neeraja - Director
- Vinay - Director
The latest financial statements of Smartowner Services India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 15 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Smartowner Services India is 29AARCS7066C1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Smartowner Services India is U74999KA2012PTC064449. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Smartowner Services India has 88 court cases on record: 7 filed by the company and 82 filed against it. 14 are pending. Most are in the high courts.
Smartowner Services India was incorporated on 19 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Smartowner Services India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹1.05 Cr; the latest was in September 2014.
Srinivasan Neeraja ceased to be Additional Director on 29 Sep 2023. Vinay ceased to be Additional Director on 29 Sep 2023. Srinivasan Neeraja was appointed as Director on 22 Jul 2023. Smartowner Services India has 16 board changes on record in total.
Smartowner Services India can be reached through the website smartowner.com. Its registered office is in Bangalore, Karnataka, India.