SPL Properties (Bne) Private Limited
About SPL Properties (Bne) Private Limited
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SPL Properties (Bne) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Shriram Properties And Constructions (Chennai) Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2006PTC040977. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramakrishnan Lakshmanaiyer and Lakshminarayana Ganeshramanathan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.44 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹7.12 Lakh (net margin 57.2%) and EBITDA of ₹7.12 Lakh (EBITDA margin 57.2%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 48% over five years.
Its group structure includes 3 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹185 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
SPL Properties (Bne) Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressSy No. 14/1 & 15/6, Amanikere Village, Bangalore, Karnataka, India – 560024
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SPL Properties (Bne) 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
Financials of SPL Properties (Bne) Private Limited
FY 2023 filings availableSPL Properties (Bne) Private Limited reported revenue of ₹12.44 Lakh (up 433% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 433% growth in the latest year. EBITDA rose 745% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹7.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.12 Lakh | ||||
| Balance Sheet | |||||
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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 | 57.2% | ||||
| Net Profit Margin | 57.2% | ||||
| 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 SPL Properties (Bne) Private Limited, buy the company report.
Board of directors of SPL Properties (Bne) Private Limited
SPL Properties (Bne) has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishnan Lakshmanaiyer | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
| Lakshminarayana Ganeshramanathan | Director | 15 Feb 2024 | 2 Years 8 Months | Current |
Peer comparison
SPL Properties (Bne) 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 |
|---|---|---|---|---|---|---|
| Ank Infracon Private Limited | ₹12.44 Lakh (FY 2024) | -30.0% | Noida, Uttar Pradesh, India | |||
| SPL Properties (Bne) Private Limitedthis company | ₹12.44 Lakh (FY 2023) | ₹7.12 Lakh | 57.2% | 433.0% | Bangalore, Karnataka, India | |
| Victoryone Infraprojects Pvt.Ltd. | ₹12.44 Lakh (FY 2024) | 1135.0% | Delhi, India | |||
| Bharodia Construction Private Limited | ₹12.43 Lakh (FY 2025) | -73.0% | Surat, Gujarat, India |
To see the full peer comparison of SPL Properties (Bne) Private Limited, buy the company report.
Auditor
SPL Properties (Bne) Private Limited is audited by ABARNA & ANANTHAN for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABARNA & ANANTHAN | FY 2018 | 000003S |
Shareholding
The shareholding of SPL Properties (Bne) Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of SPL Properties (Bne) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2009 | 10187866 | 3I Infotech Trusteeship Services Limited | ₹85 Cr | Satisfied | |
| 27 Mar 2008 | 10093718 | 3I Infotech Trusteeship Services Limited | ₹100 Cr | Satisfied |
To see the full charge records of SPL Properties (Bne) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
SPL Properties (Bne) Private Limited has 1 court case on record: 1 filed by SPL Properties (Bne). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Union of India | Disposed |
To see the full case history of SPL Properties (Bne) 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 SPL Properties (Bne) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
SPL Properties (Bne) has 3 subsidiary companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Shriram Properties (Coimbatore) Private Limited | U45201TZ2005PTC012434 | |
| SPL Developers Private Limited | U70102KA2006PTC040976 | |
| Shriprop Realities Private Limited | U70102KA2008PTC045044 |
To see the full group structure of SPL Properties (Bne) Private Limited, buy the company report.
GST
SPL Properties (Bne) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of SPL Properties (Bne) Private Limited, buy the company report.
Recent activity
SPL Properties (Bne) Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Lakshminarayana Ganeshramanathan ceased to be Additional Director on 29 Sep 2024.
7 earlier events are in the company report.
Frequently asked questions
SPL Properties (Bne) 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 17 November 2006 (20+ years old) and is registered under CIN U70102KA2006PTC040977.
SPL Properties (Bne) has 2 current directors:
- Ramakrishnan Lakshmanaiyer - Director
- Lakshminarayana Ganeshramanathan - Director
The latest financial statements of SPL Properties (Bne) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. SPL Properties (Bne) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of SPL Properties (Bne) is U70102KA2006PTC040977. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPL Properties (Bne) has 1 court case on record: 1 filed by the company.
SPL Properties (Bne) was incorporated on 17 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of SPL Properties (Bne) by revenue are Ank Infracon Private Limited, Victoryone Infraprojects Pvt.Ltd, Bharodia Construction Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Lakshminarayana Ganeshramanathan ceased to be Additional Director on 29 Sep 2024. Ramakrishnan Lakshmanaiyer ceased to be Additional Director on 29 Sep 2024. Lakshminarayana Ganeshramanathan was appointed as Director on 15 Feb 2024. SPL Properties (Bne) has 12 board changes on record in total.
The registered office of SPL Properties (Bne) is at Sy No. 141 & 156, Amanikere Village, Bangalore, Karnataka, India – 560024.
SPL Properties (Bne) operates in the real estate and construction industry, in the real estate builders and developers segment.
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