MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-11-0024542
Somayaji Estates Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.72 Cr
▼ 17% YoY
Net loss · FY 2024
₹1.96 Cr
Net margin -34.3%
EBITDA · FY 2024
-₹77,034
EBITDA margin -0.1%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹34.88 Lakh
Issued & subscribed
Open charges
₹52.63 Cr
Satisfied ₹15.9 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
3
Provident fund records
About Somayaji Estates Private Limited
Data last updated:
Somayaji Estates Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 July 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70101KA1993PTC014586. Its GSTIN is 29AAFCS3435F1ZC (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹34.88 Lakh. It is led by directors Arundhathi Raghunath Somayaji and Bantwal Raghunath Somayaji.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 21/1 5th Cross Wilsongarden Bangalore., Karnataka, India – 560027.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.72 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net loss of ₹1.96 Cr (net margin -34.3%) and EBITDA of -₹77,034 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 18% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Somayaji Estates. As per MCA filings, the company has open charges of ₹52.63 Cr and satisfied charges of ₹15.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Somayaji Estates Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0024542). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website somayajiestates.com.
Company details
CIN U70101KA1993PTC014586
Registration Number 014586
Incorporation Date 28 July 1993
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-11-0024542
Recognitions & Rankings of Somayaji Estates
Contact details
Somayaji Estates Private Limited's registered office is in Bangalore, Karnataka. Its website is somayajiestates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address21/1 5th Cross Wilsongarden Bangalore., Karnataka, India – 560027
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Somayaji Estates Private Limited, buy the company report.
Comprehensive company report
Somayaji Estates 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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Brands
Somayaji Estates operates one associated brand: Somayaji Estates. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development for residential and commercial properties in Mangalore. | somayajiestates.com |
Business activity
The main business activity of Somayaji Estates 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 Somayaji Estates Private Limited, buy the company report.
Financials of Somayaji Estates Private Limited
FY 2024 filings availableSomayaji Estates Private Limited reported revenue of ₹5.72 Cr (down 17% YoY) for FY 2024.
Revenue · FY 2024
₹5.72 Cr ▼ 17%
Net loss · FY 2024
₹1.96 Cr margin -34.3%
EBITDA · FY 2024
-₹77,034 margin -0.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 21%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▼ 101%
3 years · compounded
▼ 26%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 17% fall in the latest year. EBITDA fell 101% 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 |
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| EBITDA | -₹77,034 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.96 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -34.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Somayaji Estates Private Limited, buy the company report.
Board of directors of Somayaji Estates Private Limited
Somayaji Estates has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arundhathi Raghunath Somayaji Also directs: Sumukha Krishna LLP, Krishnadeva Developers LLP, Sharadayane Lakshmi Marketing LLP and 5 more | Director | 28 Jul 1993 | 33 Years 3 Months | Current |
| Bantwal Raghunath Somayaji Also directs: Sumukha Krishna LLP, Krishnadeva Developers LLP, Sharadayane Lakshmi Marketing LLP and 5 more | Director | 28 Jul 1993 | 33 Years 3 Months | Current |
Auditor
Somayaji Estates Private Limited is audited by CA GANESH RAO P for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CA GANESH RAO P | FY 2022 | 237870 |
Shareholding
The shareholding of Somayaji Estates Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Somayaji Estates Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.63 Cr
Satisfied charges
₹15.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jun 2024 | 100951577 | Others | ₹6.5 Cr | Open | |
| 12 Jun 2024 | 100935876 | Axis Bank Limited | ₹4.6 Cr | Open | |
| 25 May 2024 | 100928112 | Axis Bank Limited | ₹4.3 Cr | Open | |
| 06 Apr 2023 | 100697351 | Others | ₹10 Cr | Open | |
| 11 Oct 2022 | 100657192 | Others | ₹3.42 Cr | Open |
To see the full charge records of Somayaji Estates Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Somayaji Estates Private Limited has 1 court case on record: 1 filed by Somayaji Estates. All case is disposed.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Mangaluru Smart City Ltd. and 1 other | Disposed |
To see the full case history of Somayaji Estates 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 Somayaji Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Somayaji Estates Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
50%
GST
Somayaji Estates has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCS3435F1ZC | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Somayaji Estates Private Limited, buy the company report.
Recent activity
Somayaji Estates Private Limited has 2 board changes on record since 1993: 2 appointments. The latest: Arundhathi Raghunath Somayaji was appointed as Director on 28 Jul 1993.
AGM
Somayaji Estates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100951577 was registered on 24 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.60 Cr with Charge ID 100935876 was registered on 12 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 4.30 Cr with Charge ID 100928112 was registered on 25 May 2024.
Filing
Somayaji Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100697351 was registered on 06 Apr 2023.
Charges
A charge with Others amounted to Rs. 3.42 Cr with Charge ID 100657192 was registered on 11 Oct 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 10.50 Cr with Charge ID 100553522 was registered on 14 Feb 2022.
Charges
A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 100555790 was registered on 14 Feb 2022.
Charges
A charge registered on 29 Sep 2012 via Charge ID 10385314 with Karnataka State Financial Corporation was fully satisfied on 04 Feb 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.60 Cr with Charge ID 100442892 was registered on 26 Mar 2021.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 15.90 Cr with Charge ID 10385314 was registered on 29 Sep 2012.
6 earlier events are in the company report.
Frequently asked questions
Somayaji Estates 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 28 July 1993 (33+ years old) and is registered under CIN U70101KA1993PTC014586.
Somayaji Estates has 2 current directors:
- Arundhathi Raghunath Somayaji - Director
- Bantwal Raghunath Somayaji - Director
The latest financial statements of Somayaji Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Somayaji Estates is 29AAFCS3435F1ZC, registered in Karnataka.
The CIN (Corporate Identification Number) of Somayaji Estates is U70101KA1993PTC014586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Somayaji Estates has 1 court case on record: 1 filed by the company.
Somayaji Estates was incorporated on 28 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Bangalore.
Arundhathi Raghunath Somayaji was appointed as Director on 28 Jul 1993. Bantwal Raghunath Somayaji was appointed as Director on 28 Jul 1993.
Yes, Somayaji Estates is registered as a small enterprise under Udyam registration (number: UDYAM-KR-11-0024542).
Somayaji Estates can be reached through the website somayajiestates.com. Its registered office is in Bangalore, Karnataka, India.
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