About Suruchi Properties Private Limited
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Suruchi Properties Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Century Joint Developments Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2003PTC064723. Its GSTIN is 29AAHCS8877M1Z7 (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashwin Panemangalore Pai (Whole-Time Director) and Ravindra Panemangalore Pai.
Its last annual general meeting (AGM) was held on 11 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 10/1 Ground Floor Lakshminarayana Complex Palace Road, Bangalore, Karnataka, India – 560052.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹99.12 Lakh (net margin 3%) and EBITDA of ₹32.45 Cr (EBITDA margin 99.4%). Revenue has grown at a compounded annual rate (CAGR) of 855% over five years.
As per MCA filings, the company has open charges of ₹450 Cr and satisfied charges of ₹3,522 Cr on record. Court records list 16 cases involving the company, including 3 filed by the company and 2 filed against it; 5 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 suruchi.centuryrealestate.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address10/1 Ground Floor Lakshminarayana Complex Palace Road, Bangalore, Karnataka, India – 560052
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Suruchi Properties Private Limited
The main business activity of Suruchi Properties is real estate. In detail, this covers real estate activities with own or leased property.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Suruchi Properties Private Limited FY 2025 filings available
Suruchi Properties Private Limited reported revenue of ₹32.64 Cr (up 59324% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Suruchi Properties Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 855% over five years. 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 of Suruchi Properties Private Limited
| 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 | ₹32.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹99.12 Lakh | •••• | •••• | •••• | •••• |
| 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 of Suruchi Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Suruchi Properties are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Suruchi Properties Private Limited
Suruchi Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Krishna Homes Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Purva Ruby Properties Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Galaxy Realmart Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| HB Infra Projects Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Bharat Agri Fert & Realty Limited Listed | •••• | •••• | •••• | •••• | 66 | Mumbai, Maharashtra, India |
| Suruchi Properties Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Srishti Infrabuild Private Limited | •••• | •••• | •••• | •••• | - | Bilaspur, Chattisgarh, India |
| Prabhupada Constructions Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Maram Infraprojects Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Manbhum Construction Company Private Limited | •••• | •••• | •••• | •••• | 39 | Hyderabad, Telangana, India |
| Sowparnika Infracon Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Suruchi Properties by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Suruchi Properties Private Limited
Suruchi Properties Private Limited is audited by A R PAI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A R PAI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Suruchi Properties Private Limited
Suruchi Properties has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwin Panemangalore Pai | Whole-Time Director | 28 Jul 2010 | 16 Years 2 Months | Current |
| Ravindra Panemangalore Pai | Director | 28 Jul 2010 | 16 Years 2 Months | Current |
Ownership and Shareholding of Suruchi Properties Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Suruchi Properties Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jun 2025 | Others | ₹450 Cr | Open |
| 31 Jan 2024 | Others | ₹450 Cr | Satisfied |
| 30 Sep 2023 | Idbi Trusteeship Services Limited | ₹325 Cr | Satisfied |
| 28 Sep 2022 | Idbi Trusteeship Services Limited | ₹700 Cr | Satisfied |
| 30 Jul 2018 | Others | ₹485 Cr | Satisfied |
Total charge records: 10 View all charges
Legal Cases of Suruchi Properties Private Limited
Suruchi Properties Private Limited has 16 court cases on record: 3 filed by Suruchi Properties, 2 filed against it, 11 where it is another party. 5 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 2 | 2 |
| High courts | 6 | 0 | 3 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| High Court of Karnataka | Appeal | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Company is another party | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
Full case history
All 16 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Suruchi Properties Private Limited
Employment history and EPFO contributions of people linked to Suruchi Properties.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Suruchi Properties Private Limited
Suruchi Properties has one previous CIN (Corporate Identification Number): U45201WB2003PTC097314. The current CIN is U45201KA2003PTC064723, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201KA2003PTC064723 | Current |
| U45201WB2003PTC097314 | Previous |
News related to Suruchi Properties Private Limited
Recent Activity on Suruchi Properties Private Limited
Suruchi Properties Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Ashwin Panemangalore Pai ceased to be Director on 18 May 2025.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Suruchi Properties Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Suruchi Properties Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Suruchi Properties Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Suruchi Properties Private Limited
Suruchi Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCS8877M1Z7 | Karnataka | Active | 01 Jul 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Suruchi Properties Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Suruchi Properties Private Limited
Suruchi Properties 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 24 November 2003 (23+ years old) and is registered under CIN U45201KA2003PTC064723.
Suruchi Properties reported revenue of ₹32.64 Cr for FY 2025 (up 59324% YoY).
Suruchi Properties has 2 current directors:
- Ashwin Panemangalore Pai - Whole-Time Director
- Ravindra Panemangalore Pai - Director
Suruchi Properties reported a net profit of ₹99.12 Lakh (net margin 3%) and EBITDA of ₹32.45 Cr (EBITDA margin 99.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Suruchi Properties is 855% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Suruchi Properties is 29AAHCS8877M1Z7, registered in Karnataka.
The CIN (Corporate Identification Number) of Suruchi Properties is U45201KA2003PTC064723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suruchi Properties has 16 court cases on record: 3 filed by the company and 2 filed against it. 5 are pending. Most are in the district courts.
Suruchi Properties was incorporated on 24 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Suruchi Properties by revenue are Shree Krishna Homes Private Limited, Purva Ruby Properties Private Limited, Galaxy Realmart Private Limited, HB Infra Projects Private Limited, Bharat Agri Fert & Realty Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ashwin Panemangalore Pai ceased to be Director on 18 May 2025. Navin Dhanuka ceased to be Nominee Director on 26 Jun 2019. Vinay Vinayak Ambardekar ceased to be Nominee Director on 31 May 2017. Suruchi Properties has 10 board changes on record in total.