About Speckles Developers Private Limited
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Speckles Developers 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 02 August 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2019PTC126750. Its GSTIN is 29ABCCS4475R1ZE (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Manikantan Padmanabhan (Managing Director) and Chandrashekar Abhishek.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.33 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹6.26 Lakh (net margin 1%) and EBITDA of ₹11.58 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years.
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Speckles. As per MCA filings, the company has open charges of ₹20 Cr and satisfied charges of ₹20 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
For more details, the company can be reached via its website speckles.co.
Company details
Contact details
Speckles Developers Private Limited's registered office is in Bangalore, Karnataka. Its website is speckles.co. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.461 3rd Floor Shri Krishna Temple Road, Binnnamangala 1st Stage, Bangalore, Karnataka, India – 560038
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Speckles Developers 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
Speckles Developers operates one associated brand: Speckles. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focused on building durable boutique homes with nature integration and community emphasis in India. | speckles.co |
Business activity
The main business activity of Speckles Developers is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Speckles Developers Private Limited, buy the company report.
Financials of Speckles Developers Private Limited
FY 2024 filings availableSpeckles Developers Private Limited reported revenue of ₹6.33 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 46% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 39%. EBITDA fell 84% 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 |
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| EBITDA | ₹11.58 Lakh | ||||
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| Net Profit (PAT) | ₹6.26 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Speckles Developers Private Limited, buy the company report.
Board of directors of Speckles Developers Private Limited
Speckles Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrashekar Abhishek Also directs: Fortuna Urbanscape Private Limited | Director | 08 Jan 2025 | 1 Years 10 Months | Current |
| Murugesan | Additional Director | 14 Mar 2024 | 2 Years 7 Months | Current |
| Manikantan Padmanabhan Also directs: Speckles Infrastructure Private Limited | Managing Director | 02 Aug 2019 | 7 Years 3 Months | Current |
Auditor
Speckles Developers Private Limited is audited by NNR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NNR & CO | FY 2022 | 011162S |
Shareholding
The shareholding of Speckles Developers Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Speckles Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Sep 2023 | 100795577 | Others | ₹5 Cr | Satisfied | |
| 30 Dec 2022 | 100661355 | Others | ₹6 Cr | Satisfied | |
| 17 Mar 2022 | 100558764 | Others | ₹9 Cr | Satisfied |
To see the full charge records of Speckles Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Speckles Developers Private Limited has 2 court cases on record: 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Interim or miscellaneous application | Filed against the company | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Speckles Developers 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 Speckles Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Speckles Developers 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 |
|---|---|---|
| Speckles Patio Private Limited | U70200KA2019PTC129307 |
To see the full group structure of Speckles Developers Private Limited, buy the company report.
Employees & EPFO
Speckles Developers Private Limited has a workforce of 7 employees on its EPFO records as of Jul 2023, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 7 |
| FY 2022-23 |
To see the full employee and EPFO history of Speckles Developers Private Limited, buy the company report.
GST
Speckles Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29ABCCS4475R1ZE | Karnataka | Active | 22 Nov 2019 |
To see the full GST registrations and return filing status of Speckles Developers Private Limited, buy the company report.
Recent activity
Speckles Developers Private Limited has 8 board changes on record since 2019: 3 appointments and 5 cessations. The latest: Chandrashekar Abhishek ceased to be Additional Director on 29 Sep 2025.
5 earlier events are in the company report.
Frequently asked questions
Speckles Developers 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 02 August 2019 (7+ years old) and is registered under CIN U70109KA2019PTC126750.
Speckles Developers has 3 current directors:
- Manikantan Padmanabhan - Managing Director
- Chandrashekar Abhishek - Director
- Murugesan - Additional Director
The latest financial statements of Speckles Developers 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 FY 2020 are in the company report.
The GSTIN of Speckles Developers is 29ABCCS4475R1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Speckles Developers is U70109KA2019PTC126750. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Speckles Developers has 2 court cases on record: 2 filed against it. 2 are pending.
Speckles Developers was incorporated on 02 August 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Chandrashekar Abhishek ceased to be Additional Director on 29 Sep 2025. Murugesan ceased to be Additional Director on 31 Jan 2025. Chandrashekar Abhishek was appointed as Director on 08 Jan 2025. Speckles Developers has 8 board changes on record in total.
Speckles Developers can be reached through the website speckles.co. Its registered office is in Bangalore, Karnataka, India.
The registered office of Speckles Developers is at No.461 3rd Floor Shri Krishna Temple Road, Binnnamangala 1st Stage, Bangalore, Karnataka, India – 560038.
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