MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KR-03-0090430
Surbacon Development Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.84 Cr
▲ 597% YoY
Net profit · FY 2024
₹4.37 Cr
Net margin 23.2%
EBITDA · FY 2024
₹7.15 Cr
EBITDA margin 38%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.5 Lakh
Issued & subscribed
Open charges
₹3.26 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Employees · EPFO
4
Provident fund records
About Surbacon Development Private Limited
Data last updated:
Surbacon Development 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 12 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA1991PTC012132. Its GSTIN is 29AACCS9137R1ZF (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.5 Lakh. It is led by directors including Govindarajapuram Krishna Ravikumar (Whole-Time Director) and Uma Ravikumar (Whole-Time Director).
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 204 The Hibiscus 1st Block Koramangala Bangalore., Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.37 Cr (net margin 23.2%) and EBITDA of ₹7.15 Cr (EBITDA margin 38%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 74% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Surbacon. As per MCA filings, the company has open charges of ₹3.26 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending.
Surbacon Development Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0090430). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website surbacon.com.
Company details
CIN U70102KA1991PTC012132
Registration Number 012132
Incorporation Date 12 July 1991
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0090430
Key People
Govindarajapuram Krishna Ravikumar Whole-Time Director Uma Ravikumar Whole-Time Director Arjun Ravikumar Director Recognitions & Rankings of Surbacon Development
Contact details
Surbacon Development Private Limited's registered office is in Bangalore, Karnataka. Its website is surbacon.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address204 The Hibiscus 1st Block Koramangala Bangalore., Karnataka, India – 560034
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Surbacon Development Private Limited, buy the company report.
Comprehensive company report
Surbacon Development Private Limited - one report that includes everything
- 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
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Brands
Surbacon Development operates one associated brand: Surbacon. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate development focusing on quality home construction and customer services in India. | surbacon.com |
Business activity
The main business activity of Surbacon Development 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 Surbacon Development Private Limited, buy the company report.
Financials of Surbacon Development Private Limited
FY 2025 filings availableSurbacon Development Private Limited reported revenue of ₹18.84 Cr (up 597% YoY) for FY 2024.
Revenue · FY 2024
₹18.84 Cr ▲ 597%
Net profit · FY 2024
₹4.37 Cr margin 23.2%
EBITDA · FY 2024
₹7.15 Cr margin 38%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 597%
3 years · compounded
▲ 57%
5 years · compounded
▲ 74%
EBITDA CAGR growth
3 years · compounded
▲ 103%
5 years · compounded
▲ 66%
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 597% growth 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹7.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.37 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38% | ||||
| Net Profit Margin | 23.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Surbacon Development Private Limited, buy the company report.
Board of directors of Surbacon Development Private Limited
Surbacon Development has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindarajapuram Krishna Ravikumar | Whole-Time Director | 02 Apr 2003 | 23 Years 6 Months | Current |
| Uma Ravikumar | Whole-Time Director | 12 Jul 1991 | 35 Years 3 Months | Current |
| Arjun Ravikumar Also directs: Abacus Assets LLP | Director | 10 Dec 2014 | 11 Years 10 Months | Current |
Peer comparison
Surbacon Development Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| J N C Constructions Private Limited | ₹18.86 Cr (FY 2023) | -3.0% | New Delhi, Delhi, India | |||
| Total Environment Projects (India) Private Limited | ₹18.84 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Surbacon Development Private Limitedthis company | ₹18.84 Cr (FY 2024) | ₹4.37 Cr | 23.2% | 597.0% | Bangalore, Karnataka, India | |
| G D S Builders Private Limited | ₹18.83 Cr (FY 2018) | 69.0% | Bhubaneswar, Odisha, India | |||
| Alekhya Homes Green Manthra Developers Private Limited | ₹18.82 Cr (FY 2025) | 254.0% | Hyderabad, Telangana, India | |||
| Satvic Projects Pvt.Ltd. | ₹18.8 Cr (FY 2025) | 266.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Surbacon Development Private Limited, buy the company report.
Auditor
Surbacon Development Private Limited is audited by Rao Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rao Associates | FY 2023 | 003080S |
Shareholding
The shareholding of Surbacon Development 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 Surbacon Development Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.26 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2025 | 101246382 | Hdfc Bank Limited | ₹50 Lakh | Open | |
| 09 Sep 2023 | 100845757 | Hdfc Bank Limited | ₹16.3 Lakh | Open | |
| 29 Nov 2021 | 100511534 | Uco Bank | ₹59.77 Lakh | Open | |
| 28 Feb 2020 | 100336331 | Uco Bank | ₹2 Cr | Open |
Total charge records: 4 View all charges
Legal cases
Surbacon Development Private Limited has 7 court cases on record: 1 filed by Surbacon Development, 6 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
1
Filed against the company
6
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 2 |
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by individuals | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
To see the full case history of Surbacon Development 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 Surbacon Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Surbacon Development has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCS9137R1ZF | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surbacon Development Private Limited, buy the company report.
Recent activity
Surbacon Development Private Limited has 4 board changes on record since 1991: 3 appointments and 1 cessation. The latest: Arjun Ravikumar ceased to be Additional Director on 30 Sep 2015.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 101246382 was registered on 19 Dec 2025.
AGM
Surbacon Development Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Surbacon Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 16.30 Lakh with Charge ID 100845757 was registered on 09 Sep 2023.
Charges
A charge with Uco Bank amounted to Rs. 59.77 Lakh with Charge ID 100511534 was registered on 29 Nov 2021.
Charges
A charge with Uco Bank amounted to Rs. 200.00 Lakh with Charge ID 100336331 was registered on 28 Feb 2020.
Ceased
Arjun Ravikumar ceased to be Additional Director.
Appointed
Arjun Ravikumar was appointed as Director.
Appointed
Govindarajapuram Krishna Ravikumar was appointed as Whole-Time Director.
Appointed
Uma Ravikumar was appointed as Whole-Time Director.
Incorporation
12 Jul 1991
Surbacon Development Private Limited was registered on 12 Jul 1991 with Roc Bangalore & aged 35 years 3 months as per MCA records.
Frequently asked questions
Surbacon Development 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 12 July 1991 (35+ years old) and is registered under CIN U70102KA1991PTC012132.
Surbacon Development has 3 current directors:
- Govindarajapuram Krishna Ravikumar - Whole-Time Director
- Uma Ravikumar - Whole-Time Director
- Arjun Ravikumar - Director
The latest financial statements of Surbacon Development 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 Surbacon Development is 29AACCS9137R1ZF, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Surbacon Development is U70102KA1991PTC012132. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surbacon Development has 7 court cases on record: 1 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Surbacon Development was incorporated on 12 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Surbacon Development by revenue are J N C Constructions Private Limited, Total Environment Projects (India) Private Limited, G D S Builders Private Limited, Alekhya Homes Green Manthra Developers Private Limited, Satvic Projects Pvt.Ltd, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Arjun Ravikumar ceased to be Additional Director on 30 Sep 2015. Arjun Ravikumar was appointed as Director on 10 Dec 2014. Govindarajapuram Krishna Ravikumar was appointed as Whole-Time Director on 02 Apr 2003. Surbacon Development has 4 board changes on record in total.
Yes, Surbacon Development is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0090430).
Surbacon Development can be reached through the website surbacon.com. Its registered office is in Bangalore, Karnataka, India.