India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,750 Meenakshi Ramji ₹1,000 Cr
Revenue · FY 2025
₹174.99 Cr
▲ 61% YoY
Net profit · FY 2025
₹8.15 Cr
Net margin 4.7%
EBITDA · FY 2025
₹57.88 Cr
EBITDA margin 33.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹380.02 Cr
Satisfied ₹85 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
111
Provident fund records
About Sowparnika Homes Private Limited
Data last updated:
Sowparnika Homes 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 29 May 2014 and has been in existence for over 12 years.
Its director Meenakshi Ramji is #1,750 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2014PTC074654. Its GSTIN is 29AAUCS5844F1ZO (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Meenakshi Ramji and Subramaniam Sreenivasan.
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 No. 750 'C' Block 1st Main Aecs Layout Kundalahalli, Bangalore, Karnataka, India – 560037.
As per the financials filed for FY 2025, the company reported a revenue of ₹174.99 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹8.15 Cr (net margin 4.7%) and EBITDA of ₹57.88 Cr (EBITDA margin 33.1%). Revenue has grown at a compounded annual rate (CAGR) of 367% over three years.
The company has about 111 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sowparnika. As per MCA filings, the company has open charges of ₹380.02 Cr and satisfied charges of ₹85 Cr on record. Court records list 14 cases involving the company, including 14 filed against it; 7 cases are pending. The company has 2 deals on record (2 debt financings), with disclosed funding of ₹330 Cr; the latest was in November 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 2 smaller; the largest is Purva Good Earth Properties Private Limited with revenue of ₹176.14 Cr. The company has 6 MSME Form 1 returns on record between 2022 and 2024, listing 34 overdue payments to 10 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 sowparnika.com.
Company details
CIN U45400KA2014PTC074654
Registration Number 074654
Incorporation Date 29 May 2014
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
Recognitions & Rankings of Sowparnika Homes
Contact details
Sowparnika Homes Private Limited's registered office is in Bangalore, Karnataka. Its website is sowparnika.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 750 'C' Block 1st Main Aecs Layout Kundalahalli, Bangalore, Karnataka, India – 560037
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sowparnika Homes Private Limited, buy the company report.
Comprehensive company report
Sowparnika Homes 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Sowparnika Homes operates one associated brand: Sowparnika. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops affordable housing projects with cost-effective residential solutions. | sowparnika.com |
Business activity
The main business activity of Sowparnika Homes is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Sowparnika Homes Private Limited, buy the company report.
Financials of Sowparnika Homes Private Limited
FY 2024 filings availableSowparnika Homes Private Limited reported revenue of ₹174.99 Cr (up 61% YoY) for FY 2025.
Revenue · FY 2025
₹174.99 Cr ▲ 61%
Net profit · FY 2025
₹8.15 Cr margin 4.7%
EBITDA · FY 2025
₹57.88 Cr margin 33.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 367%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 164%
5 years · compounded
▲ 769%
Revenue has grown at a compounded annual rate (CAGR) of 367% over three years, including 61% growth in the latest year. EBITDA rose 31% 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 | ₹57.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.15 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 | 33.1% | ||||
| Net Profit Margin | 4.7% | ||||
| 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 Sowparnika Homes Private Limited, buy the company report.
Board of directors of Sowparnika Homes Private Limited
Sowparnika Homes has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenakshi Ramji | Director | 29 May 2014 | 12 Years 5 Months | Current |
| Subramaniam Sreenivasan | Director | 29 May 2014 | 12 Years 5 Months | Current |
Peer comparison
Sowparnika Homes 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Purva Good Earth Properties Private Limited | ₹176.14 Cr (FY 2025) | 707.0% | Bangalore, Karnataka, India | |||
| Shivalik Ventures Private Limited | ₹175.93 Cr (FY 2025) | 412.0% | Mumbai, Maharashtra, India | |||
| Sowparnika Homes Private Limitedthis company | ₹174.99 Cr (FY 2025) | ₹8.15 Cr | 4.7% | 61.0% | 111 | Bangalore, Karnataka, India |
| Fujita Engineering India Private Limited | ₹174.65 Cr (FY 2024) | -53.0% | Chennai, Tamil Nadu, India | |||
| Kundur Constructions Private Limited | ₹174.58 Cr (FY 2025) | -1.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sowparnika Homes Private Limited, buy the company report.
Auditor
Sowparnika Homes Private Limited is audited by VISHNU DAYA & Co LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHNU DAYA & Co LLP | FY 2024 | 008456S/S200092 |
Shareholding
The shareholding of Sowparnika Homes Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sowparnika Homes Private Limited, buy the company report.
Charges & borrowings
Open charges
₹380.02 Cr
Satisfied charges
₹85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2025 | 101182928 | Hdfc Bank Limited | ₹5.23 Cr | Open | |
| 23 Oct 2025 | 101188112 | Hdfc Bank Limited | ₹7.58 Lakh | Open | |
| 03 Oct 2025 | 101171143 | Idbi Trusteeship Services Limited | ₹15 Cr | Open | |
| 13 Aug 2025 | 101147569 | Others | ₹40.62 Lakh | Open | |
| 11 Aug 2025 | 101142879 | Axis Bank Limited | ₹2.5 Cr | Open |
To see the full charge records of Sowparnika Homes Private Limited, buy the company report.
Total charge records: 37 View all charges
Deals & funding
Sowparnika Homes Private Limited has 2 deals on record (2 debt financings), with disclosed funding of ₹330 Cr; the latest was in November 2022.
Total deals
2
Debt financings
2
Disclosed funding
₹330 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Debt financing | ₹165 Cr | Investors: WSB Partners (Walton Street India) |
| Dec 2021 | Debt financing | ₹165 Cr | Investors: EAAA India Alternatives (Edelweiss Alternatives), Blacksoil Group, Mahavir Dwellers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sowparnika Homes Private Limited has 14 court cases on record: 14 filed against it. 7 cases are pending and 7 are disposed.
Total cases
14
Filed against the company
14
Pending
7
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 14 | 7 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, Thrissur, Kerala | Criminal case | Filed against the company by Indian Co Operative Credit Society Ltd | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed against the company by Sri Krishna Industrial Co-Op Society Ltd, Udupi | Disposed |
| District court, UDUPI, Karnataka | Criminal complaint | Filed against the company by Sri Krishna Industrial Co-Op Society Ltd, Udupi | Disposed |
To see the full case history of Sowparnika Homes 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
Sowparnika Homes Private Limited has 6 MSME Form 1 returns on record between 2022 and 2024, listing 34 overdue payments to 10 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 (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Prince System Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Sowparnika Homes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sowparnika Homes Private Limited has a workforce of 111 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
111
Active EPFO establishments
1
Employee growth
18.09%
GST
Sowparnika Homes has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS5844F1ZO | Karnataka | Active | 29 Oct 2021 |
To see the full GST registrations and return filing status of Sowparnika Homes Private Limited, buy the company report.
Recent activity
Sowparnika Homes Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Meenakshi Ramji was appointed as Director on 29 May 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 522.64 Lakh with Charge ID 101182928 was registered on 29 Oct 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.58 Lakh with Charge ID 101188112 was registered on 23 Oct 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 1,500.00 Lakh with Charge ID 101171143 was registered on 03 Oct 2025.
Charges
A charge with Others amounted to Rs. 40.62 Lakh with Charge ID 101147569 was registered on 13 Aug 2025.
Charges
A charge with Axis Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 101142879 was registered on 11 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.93 Lakh with Charge ID 101150227 was registered on 07 Aug 2025.
Charges
A charge with Others amounted to Rs. 4,000.00 Lakh with Charge ID 101174191 was registered on 17 Jul 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.50 Lakh with Charge ID 101157075 was registered on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 22.90 Lakh with Charge ID 101121774 was registered on 13 Jun 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 419.83 Lakh with Charge ID 101109452 was registered on 04 Jun 2025.
Charges
A charge with Others amounted to Rs. 35.86 Lakh with Charge ID 101098352 was registered on 29 Apr 2025.
Charges
A charge with Others amounted to Rs. 20.31 Lakh with Charge ID 101092308 was registered on 28 Apr 2025.
34 earlier events are in the company report.
News
Frequently asked questions
Sowparnika Homes 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 29 May 2014 (12+ years old) and is registered under CIN U45400KA2014PTC074654.
Sowparnika Homes has 2 current directors:
- Meenakshi Ramji - Director
- Subramaniam Sreenivasan - Director
The latest financial statements of Sowparnika Homes 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 Sowparnika Homes is 29AAUCS5844F1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Sowparnika Homes is U45400KA2014PTC074654. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sowparnika Homes has 14 court cases on record: 14 filed against it. 7 are pending.
Sowparnika Homes was incorporated on 29 May 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Sowparnika Homes has 2 deals on record (2 debt financings), with disclosed funding of ₹330 Cr; the latest was in November 2022.
The peers of Sowparnika Homes by revenue are Purva Good Earth Properties Private Limited, Shivalik Ventures Private Limited, Fujita Engineering India Private Limited, Kundur Constructions Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Meenakshi Ramji was appointed as Director on 29 May 2014. Subramaniam Sreenivasan was appointed as Director on 29 May 2014.
Sowparnika Homes has 6 MSME Form 1 returns on record between 2022 and 2024, listing 34 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Sowparnika Homes can be reached through the website sowparnika.com. Its registered office is in Bangalore, Karnataka, India.