- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0001322

About Sunland Ventures Private Limited
Data last updated:
Sunland Ventures 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 28 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2006PTC039167. Its GSTIN is 29AAJCS8658Q2Z1 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Saaya Property Development Private Limited and Sunland Developers Private Limited. It is led by directors Ramachandra Ashok Kumar and Manimekhala Ashok.
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. 32 (Old No 162) Second Floor Front Portion South End Road Basavanagudi, Bangalore, Karnataka, India – 560004.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.51 Cr, a decline of 31% compared to the previous year. For the same year it recorded a net loss of ₹3.19 Cr (net margin -33.5%) and EBITDA of -₹96.16 Lakh (EBITDA margin -10.1%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 25% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sunland Ventures. As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹7.38 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 1 case is pending.
Sunland Ventures Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0001322). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunlandventures.com.
Company details
Name history
Sunland Ventures has undergone 2 name changes throughout its history. The company was previously known as Saaya Property Development Private Limited, and Sunland Developers Private Limited. The current legal name is Sunland Ventures Private Limited.
| Company Name | Status |
|---|---|
| Sunland Ventures Private Limited | Current |
| Saaya Property Development Private Limited | Previous |
| Sunland Developers Private Limited | Previous |
Recognitions & Rankings of Sunland Ventures
Contact details
Sunland Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is sunlandventures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 32 (Old No 162) Second Floor Front Portion South End Road Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Sunland Ventures 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
Sunland Ventures operates one associated brand: Sunland Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| It creates innovative technologies of luxury residential properties. | sunlandventures.com |
Business activity
The main business activity of Sunland Ventures 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 Sunland Ventures Private Limited, buy the company report.
Financials of Sunland Ventures Private Limited
FY 2024 filings availableSunland Ventures Private Limited reported revenue of ₹9.51 Cr (down 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 31% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 130% 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 | -₹96.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.19 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 | -10.1% | ||||
| Net Profit Margin | -33.5% | ||||
| 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 Sunland Ventures Private Limited, buy the company report.
Board of directors of Sunland Ventures Private Limited
Sunland Ventures has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramachandra Ashok Kumar | Director | 28 Apr 2006 | 20 Years 5 Months | Current |
| Manimekhala Ashok | Director | 17 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Sunland Ventures 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 |
|---|---|---|---|---|---|---|
| Ved Heights Builders and Developers Private Limited | ₹9.52 Cr (FY 2024) | 10.0% | Jaipur, Rajasthan, India | |||
| Evercon Developers Private Limited | ₹9.51 Cr (FY 2025) | -55.0% | Rajkot, Gujarat, India | |||
| Sunland Ventures Private Limitedthis company | ₹9.51 Cr (FY 2025) | -₹3.19 Cr | -33.5% | -31.0% | 11 | Bangalore, Karnataka, India |
| Akshaya Signature Homes Private Limited | ₹9.51 Cr (FY 2024) | 3.0% | Chennai, Tamil Nadu, India | |||
| S D Construction Pvt Ltd | ₹9.51 Cr (FY 2025) | -5.0% | Sakltlake, West Bengal, India |
To see the full peer comparison of Sunland Ventures Private Limited, buy the company report.
Auditor
Sunland Ventures Private Limited is audited by Bahubali Gouraj & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Bahubali Gouraj & Co. | FY 2023 | 009140S |
Shareholding
The shareholding of Sunland Ventures 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 Sunland Ventures Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2023 | 100819837 | Others | ₹10 Cr | Open | |
| 06 Jan 2021 | 100400938 | Others | ₹4 Cr | Satisfied | |
| 22 Mar 2018 | 100174052 | Others | ₹2.53 Cr | Satisfied | |
| 22 Sep 2017 | 100133284 | Canara Bank | ₹85 Lakh | Satisfied |
To see the full charge records of Sunland Ventures Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Sunland Ventures Private Limited has 9 court cases on record: 1 filed by Sunland Ventures, 8 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 8 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Yes Bank Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Fedbank Financial Services | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Fedbank Financial Services | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Fedbank Financial Services | Disposed |
To see the full case history of Sunland Ventures 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 Sunland Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sunland Ventures Private Limited has a workforce of 11 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Sunland Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCS8658Q2Z1 | Karnataka | Active | 05 Jan 2022 |
To see the full GST registrations and return filing status of Sunland Ventures Private Limited, buy the company report.
Recent activity
Sunland Ventures Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: Ganesh Hanumasagar Basavaraj ceased to be Director on 27 May 2022.
7 earlier events are in the company report.
Frequently asked questions
Sunland Ventures 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 28 April 2006 (20+ years old) and is registered under CIN U70102KA2006PTC039167.
Sunland Ventures has 2 current directors:
- Ramachandra Ashok Kumar - Director
- Manimekhala Ashok - Director
The latest financial statements of Sunland Ventures 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 Sunland Ventures is 29AAJCS8658Q2Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sunland Ventures is U70102KA2006PTC039167. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunland Ventures has 9 court cases on record: 1 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Sunland Ventures was incorporated on 28 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sunland Ventures by revenue are Ved Heights Builders and Developers Private Limited, Evercon Developers Private Limited, Akshaya Signature Homes Private Limited, S D Construction Pvt Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ganesh Hanumasagar Basavaraj ceased to be Director on 27 May 2022. Manimekhala Ashok was appointed as Director on 17 May 2022. Venkatachalam Raveen Bomashetty ceased to be Additional Director on 30 Nov 2021. Sunland Ventures has 7 board changes on record in total.
Yes, Sunland Ventures is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0001322).
Sunland Ventures can be reached through the website sunlandventures.com. Its registered office is in Bangalore, Karnataka, India.