About SPL Towers Private Limited
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SPL Towers Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Shriram Properties Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2016PTC086099. Its GSTIN is 29AAXCS5333E1ZV (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 Narasimhamurthy Nagendra and Ramesh Ramachandran Kalpattu.
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 No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.72 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.11 Cr (net margin 12.8%) and EBITDA of ₹28.23 Cr (EBITDA margin 35.9%). Revenue has grown at a compounded annual rate (CAGR) of 161% over three years and 136% over five years.
As per MCA filings, the company has open charges of ₹155 Cr and satisfied charges of ₹295 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is 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 Towers Private Limited's registered office is in Bengaluru, Karnataka. Its website is shriramproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of SPL Towers 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 Towers is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of SPL Towers Private Limited, buy the company report.
Financials of SPL Towers Private Limited
FY 2025 filings availableSPL Towers Private Limited reported revenue of ₹78.72 Cr (up 533% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 136% over five years, including 533% growth in the latest year. EBITDA rose 73% 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 | ₹28.23 Cr | ||||
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| Net Profit (PAT) | ₹10.11 Cr | ||||
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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 | 35.9% | ||||
| Net Profit Margin | 12.8% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of SPL Towers Private Limited, buy the company report.
Board of directors of SPL Towers Private Limited
SPL Towers has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasimhamurthy Nagendra Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Shriprop Projects Private Limited and 4 more | Director | 31 Mar 2017 | 9 Years 7 Months | Current |
| Ramesh Ramachandran Kalpattu Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Global Entropolis (Vizag) Private Limited and 5 more | Director | 11 Aug 2025 | 1 Years 3 Months | Current |
| Krishna Veeraraghavan Also directs: Shriprop Properties Private Limited, Shriram Living Spaces Private Limited, Global Entropolis (Vizag) Private Limited and 5 more | Director | 11 Aug 2025 | 1 Years 3 Months | Current |
Auditor
SPL Towers 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 Towers 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 Towers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2022 | 100576505 | Others | ₹155 Cr | Satisfied | |
| 16 Mar 2021 | 100430846 | Tata Capital Housing Finance Limited | ₹110 Cr | Satisfied | |
| 25 Oct 2017 | 100143473 | Others | ₹30 Cr | Satisfied |
To see the full charge records of SPL Towers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
SPL Towers Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of SPL Towers 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 Towers Private Limited has 9 MSME Form 1 returns on record between 2020 and 2024, listing 96 overdue payments to 30 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 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Createza Marketing Private Limited | |||
| an individual supplier | |||
| Amplify Integrated Brand Solutions | |||
| an individual supplier |
To see the full MSME payment records of SPL Towers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
SPL Towers has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
SPL Towers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS5333E1ZV | Karnataka | Active | 13 Oct 2017 |
To see the full GST registrations and return filing status of SPL Towers Private Limited, buy the company report.
Recent activity
SPL Towers Private Limited has 9 board changes on record since 2017: 3 appointments and 6 cessations. The latest: Krishna Veeraraghavan ceased to be Additional Director on 29 Sep 2025.
8 earlier events are in the company report.
News
Frequently asked questions
SPL Towers is an active private limited company based in Bengaluru, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 12 February 2016 (10+ years old) and is registered under CIN U45205KA2016PTC086099.
SPL Towers has 3 current directors:
- Narasimhamurthy Nagendra - Director
- Ramesh Ramachandran Kalpattu - Director
- Krishna Veeraraghavan - Director
The latest financial statements of SPL Towers 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 FY 2016 are in the company report.
The GSTIN of SPL Towers is 29AAXCS5333E1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of SPL Towers is U45205KA2016PTC086099. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SPL Towers has 1 court case on record: 1 filed against it. 1 is pending.
SPL Towers was incorporated on 12 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Krishna Veeraraghavan ceased to be Additional Director on 29 Sep 2025. Ramesh Ramachandran Kalpattu ceased to be Additional Director on 29 Sep 2025. Krishna Veeraraghavan was appointed as Director on 11 Aug 2025. SPL Towers has 9 board changes on record in total.
SPL Towers has 9 MSME Form 1 returns on record between 2020 and 2024, listing 96 overdue payments to 30 micro and small suppliers. The latest return was filed on 30 Apr 2024.
SPL Towers can be reached through the website shriramproperties.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of SPL Towers is at No. 31 2nd Main Road T. Chowdaiah Road Sadashivanagar, Bengaluru, Karnataka, India – 560080.
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