About SPL Estates Private Limited
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SPL Estates Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Bengal Shriram Hitech City Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2014PTC094836. Its GSTIN is 19AAWCS2550G1ZW (West Bengal).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ganesh Vembu and Deepon Sen.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lakshmi Neela Rite Choice Chamber New No.9 – Bazulla Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.29 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net loss of ₹13.35 Cr (net margin -118.3%) and EBITDA of ₹4.74 Cr (EBITDA margin 42%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹200 Cr and satisfied charges of ₹115 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shriramproperties.com.
Company details
Contact details
SPL Estates Private Limited's registered office is in Chennai, Tamil Nadu. Its website is shriramproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressLakshmi Neela Rite Choice Chamber New No.9 – Bazulla Road T.Nagar, Chennai, Tamil Nadu, India – 600017
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SPL Estates 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
Business activity
The main business activity of SPL Estates 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 SPL Estates Private Limited, buy the company report.
Financials of SPL Estates Private Limited
FY 2025 filings availableSPL Estates Private Limited reported revenue of ₹11.29 Cr (up 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 79% growth in the latest year. EBITDA rose 407% 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 | ₹4.74 Cr | ||||
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| Net Profit (PAT) | -₹13.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 42% | ||||
| Net Profit Margin | -118.3% | ||||
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To see the full financial statements and ratios of SPL Estates Private Limited, buy the company report.
Board of directors of SPL Estates Private Limited
SPL Estates has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Vembu Also directs: Shrivision Projects Private Limited, Shriprop Malls Private Limited, Shrivision Hitech City Private Limited and 5 more | Director | 01 Jul 2024 | 2 Years 4 Months | Current |
| Deepon Sen Also directs: Shrivision Projects Private Limited, Shriprop Malls Private Limited, Shrivision Hitech City Private Limited and 5 more | Additional Director | 11 Aug 2025 | 1 Years 2 Months | Current |
| Kunal Banerjee Also directs: Shrivision Projects Private Limited, Shriprop Malls Private Limited, Shrivision Hitech City Private Limited and 5 more | Additional Director | 11 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
SPL Estates Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| SPL Estates Private Limitedthis company | ₹11.29 Cr (FY 2025) | -₹13.35 Cr | -118.3% | 79.0% | Chennai, Tamil Nadu, India | |
| Shriya Holdings & Properties Private Limited | ₹11.28 Cr (FY 2025) | -21.0% | Hubli, Karnataka, India | |||
| Mavi Buildtech Private Limited | ₹11.28 Cr (FY 2025) | -63.0% | New Delhi, Delhi, India | |||
| Ambesten Homes Private Limited | ₹11.27 Cr (FY 2024) | -3.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of SPL Estates Private Limited, buy the company report.
Auditor
SPL Estates Private Limited is audited by ABARNA AND ANANTHAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABARNA AND ANANTHAN | FY 2023 | 000003S |
Shareholding
The shareholding of SPL Estates 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 SPL Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2025 | 101051358 | Others | ₹200 Cr | Open | |
| 10 Mar 2022 | 100555547 | Others | ₹75 Cr | Satisfied | |
| 07 Feb 2019 | 100246251 | Others | ₹40 Cr | Satisfied |
To see the full charge records of SPL Estates Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
SPL Estates Private Limited has 2 court cases on record: 2 filed by SPL Estates. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
| District court, North Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against an individual | Pending |
To see the full case history of SPL 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
SPL Estates Private Limited has 7 MSME Form 1 returns on record between 2020 and 2024, listing 18 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 |
|---|---|---|---|
| Klystron Electronics Pvt.Ltd. | |||
| Transient Electricals Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Advise Advertising & Media Private Limited |
To see the full MSME payment records of SPL Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
SPL Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAWCS2550G1ZW | West Bengal | Active | 06 Jul 2019 |
To see the full GST registrations and return filing status of SPL Estates Private Limited, buy the company report.
Recent activity
SPL Estates Private Limited has 12 board changes on record since 2015: 5 appointments and 7 cessations. The latest: Deepon Sen was appointed as Additional Director on 11 Aug 2025.
9 earlier events are in the company report.
Frequently asked questions
SPL Estates is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 February 2014 (12+ years old) and is registered under CIN U70109TN2014PTC094836.
SPL Estates has 3 current directors:
- Ganesh Vembu - Director
- Deepon Sen - Additional Director
- Kunal Banerjee - Additional Director
The latest financial statements of SPL Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SPL Estates is 19AAWCS2550G1ZW, registered in West Bengal.
The CIN (Corporate Identification Number) of SPL Estates is U70109TN2014PTC094836. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPL Estates has 2 court cases on record: 2 filed by the company. 2 are pending.
SPL Estates was incorporated on 04 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of SPL Estates by revenue are Shriya Holdings & Properties Private Limited, Mavi Buildtech Private Limited, Ambesten Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Deepon Sen was appointed as Additional Director on 11 Aug 2025. Kunal Banerjee was appointed as Additional Director on 11 Aug 2025. Ganesh Vembu ceased to be Additional Director on 29 Sep 2024. SPL Estates has 12 board changes on record in total.
SPL Estates has 7 MSME Form 1 returns on record between 2020 and 2024, listing 18 overdue payments to 10 micro and small suppliers. The latest return was filed on 30 Apr 2024.
SPL Estates can be reached through the website shriramproperties.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of SPL Estates is at Lakshmi Neela Rite Choice Chamber New No.9 – Bazulla Road T.Nagar, Chennai, Tamil Nadu, India – 600017.
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