About Snowflower Properties Private Limited
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Snowflower Properties Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Planet Holding Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45202PN2008PTC132206. Its GSTIN is 27AAMCS4929H1ZW (Maharashtra).
The company has an authorised share capital of ₹151.1 Cr and a paid-up capital of ₹56.27 Cr. It is led by directors including Rafael Carvalho De Tella and Vinod Eknath Patil.
Its last annual general meeting (AGM) was held on 23 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹136.88 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹14.79 Cr (net margin -10.8%) and EBITDA of -₹13.59 Cr (EBITDA margin -9.9%).
The company has about 19 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kolte Patil Developers. As per MCA filings, the company has satisfied charges of ₹145.9 Cr on record. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹75.01 Cr; the latest was in June 2025. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 1 smaller; the largest is Divyasree Tarbus Builders Private Limited with revenue of ₹137.2 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website koltepatil.com.
Company details
Contact details
Snowflower Properties Private Limited's registered office is in Pune, Maharashtra. Its website is koltepatil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8th Floor City Bay, Cts No. 14 (P) 17 Boat Club Road, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Snowflower Properties 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
Snowflower Properties operates one associated brand: Kolte Patil Developers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Kolte Patil Developers is engaged in real estate development across India. | koltepatil.com |
Business activity
The main business activity of Snowflower Properties 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 Snowflower Properties Private Limited, buy the company report.
Financials of Snowflower Properties Private Limited
FY 2025 filings availableSnowflower Properties Private Limited reported revenue of ₹136.88 Cr (up 1438% YoY) for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹136.88 Cr | ||||
| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹13.59 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.79 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.9% | ||||
| Net Profit Margin | -10.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Snowflower Properties Private Limited, buy the company report.
Board of directors of Snowflower Properties Private Limited
Snowflower Properties has 8 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Prakash Porwal | Additional Director | 17 Nov 2025 | 0 Years 11 Months | Current |
| Rafael Carvalho De Tella | Director | 28 Dec 2021 | 4 Years 10 Months | Current |
| Vinod Eknath Patil | Director | 28 Dec 2021 | 4 Years 10 Months | Current |
| Stefano Reganzani | Additional Director | 17 Nov 2025 | 0 Years 11 Months | Current |
| Daniele Russolillo | Director | 28 Dec 2021 | 4 Years 10 Months | Current |
| Gabriele Maria Francesco Pala | Director | 28 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Snowflower Properties Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with 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 |
|---|---|---|---|---|---|---|
| Divyasree Tarbus Builders Private Limited | ₹137.2 Cr (FY 2024) | 5.0% | Bangalore, Karnataka, India | |||
| Reliable Exports (India) Private Limited | ₹137.16 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Omaxe Garv Buildtech Private Limited | ₹136.95 Cr (FY 2025) | 1022.0% | New Delhi, Delhi, India | |||
| Snowflower Properties Private Limitedthis company | ₹136.88 Cr (FY 2023) | -₹14.79 Cr | -10.8% | 1438.0% | 19 | Pune, Maharashtra, India |
| Green Bay Infrastructure Private Limited | ₹136.36 Cr (FY 2025) | 76.0% | New Delhi, Delhi, India |
To see the full peer comparison of Snowflower Properties Private Limited, buy the company report.
Auditor
Snowflower Properties Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Snowflower Properties 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 Snowflower Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Aug 2019 | 100293411 | Others | ₹50 Cr | Satisfied | |
| 04 Dec 2014 | 10541355 | Others | ₹95.9 Cr | Satisfied |
To see the full charge records of Snowflower Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Snowflower Properties Private Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹75.01 Cr; the latest was in June 2025.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Secondary share transfer | Undisclosed | Buyer: Kolte-Patil Planet Real Estate Private Limited & Mikund Deogaonkar, Kolte-Patil Planet Real Estate Private Limited Seller: Koltepatil Developers Limited & Rajesh Patil, Kolte-Patil Developers Limited , Planet Holding Limited |
| Apr 2023 | Secondary share transfer | Undisclosed | Seller: Planet Holding Limited, Kolte-Patil Developers Limited |
| Dec 2021 | Funding round | ₹74.97 Cr | Investors: Planet Holding Limited, Kolte-Patil Developers Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Kolte-Patil Developers Limited Seller: 2 individuals |
| Mar 2011 | Funding round | ₹4 Lakh | Investors: Kolte-Patil Developers Limited , Koltepatil Developers Limited & Rajesh Patil |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Snowflower Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Snowflower Properties Private Limited was last rated by Indiarating on 07 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 07 Oct 2021 |
To see the full credit ratings and regulatory alerts of Snowflower Properties Private Limited, buy the company report.
MSME payment delays
Snowflower Properties Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ultra Firetech Systems Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Snowflower Properties Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Snowflower Properties Private Limited has a workforce of 19 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Snowflower Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS4929H1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Snowflower Properties Private Limited, buy the company report.
Recent activity
Snowflower Properties Private Limited has 29 board changes on record since 2014: 8 appointments and 21 cessations. The latest: Ravi Prakash Porwal was appointed as Additional Director on 17 Nov 2025.
26 earlier events are in the company report.
News
Frequently asked questions
Snowflower Properties is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 June 2008 (18+ years old) and is registered under CIN U45202PN2008PTC132206.
Snowflower Properties has 8 current directors:
- Ravi Prakash Porwal - Additional Director
- Rafael Carvalho De Tella - Director
- Vinod Eknath Patil - Director
- Stefano Reganzani - Additional Director
- Daniele Russolillo - Director
- Gabriele Maria Francesco Pala - Director
- Cristian Celin - Director
- Pratyush Ranjan - Additional Director
The latest financial statements of Snowflower Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Snowflower Properties is 27AAMCS4929H1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Snowflower Properties is U45202PN2008PTC132206. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snowflower Properties was incorporated on 10 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Pune.
Snowflower Properties has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹75.01 Cr; the latest was in June 2025.
The peers of Snowflower Properties by revenue are Divyasree Tarbus Builders Private Limited, Reliable Exports (India) Private Limited, Omaxe Garv Buildtech Private Limited, Green Bay Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Ravi Prakash Porwal was appointed as Additional Director on 17 Nov 2025. Stefano Reganzani was appointed as Additional Director on 17 Nov 2025. Pratyush Ranjan was appointed as Additional Director on 11 Nov 2025. Snowflower Properties has 29 board changes on record in total.
Snowflower Properties has 3 MSME Form 1 returns on record between 2023 and 2024, listing 5 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Snowflower Properties can be reached through the website koltepatil.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Snowflower Properties is at 8th Floor City Bay, Cts No. 14 P 17 Boat Club Road, Pune, Maharashtra, India – 411001.
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