MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-11-0043804
Plama Developers Limited - real estate and construction in Mangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹79,202
▲ 40% YoY
Net loss · FY 2025
₹2.13 Cr
Latest filing
EBITDA · FY 2025
-₹2.17 Cr
Latest filing
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹12.18 Cr
Issued & subscribed
Satisfied charges
₹31.5 Cr
No open charges
Company age
20 yrs
Est. 2006
Employees · EPFO
3
Provident fund records
About Plama Developers Limited
Data last updated:
Plama Developers Limited is a public limited company based in Mangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70101KA2006PLC038670. Its GSTIN is 29AADCP8640F1Z8 (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹12.18 Cr. It is led by directors including Panambur Mustafa Abdul Razak (Managing Director) and Fathima Janifer.
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 Doorno.:2 – 17 – 1480/31 2 Ndfloor Plamacenter Bejai – Kapikadroad Bejai, Mangalore, Karnataka, India – 575004.
As per the financials filed for FY 2025, the company reported a revenue of ₹79,202, a growth of 40% compared to the previous year. For the same year it recorded a net loss of ₹2.13 Cr and EBITDA of -₹2.17 Cr. Revenue has declined at a compounded annual rate (CAGR) of 91% over three years and 78% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹31.5 Cr on record. Court records list 19 cases involving the company, including 5 filed by the company and 14 filed against it; 2 cases are pending.
Plama Developers Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0043804). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website plamadevelopers.com.
Company details
CIN U70101KA2006PLC038670
Registration Number 038670
Incorporation Date 06 March 2006
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 Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-11-0043804
Key People
Panambur Mustafa Abdul Razak Managing Director Fathima Janifer Director Kukkady Abubakar Panambur Director Recognitions & Rankings of Plama Developers
Contact details
Plama Developers Limited's registered office is in Mangalore, Karnataka. Its website is plamadevelopers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoorno.:2 – 17 – 1480/31 2 Ndfloor Plamacenter Bejai – Kapikadroad Bejai, Mangalore, Karnataka, India – 575004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Plama Developers Limited, buy the company report.
Comprehensive company report
Plama Developers 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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Business activity
The main business activity of Plama Developers 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 |
Financials of Plama Developers Limited
FY 2025 filings availablePlama Developers Limited reported revenue of ₹79,202 (up 40% YoY) for FY 2025.
Revenue · FY 2025
₹79,202 ▲ 40%
Net loss · FY 2025
₹2.13 Cr
EBITDA · FY 2025
-₹2.17 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▼ 91%
5 years · compounded
▼ 78%
EBITDA CAGR growth
3 years · compounded
▼ 64%
5 years · compounded
▼ 30%
Revenue rose 40% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 78%. 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 | -₹2.17 Cr | ||||
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| Net Profit (PAT) | -₹2.13 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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To see the full financial statements and ratios of Plama Developers Limited, buy the company report.
Board of directors of Plama Developers Limited
Plama Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Panambur Mustafa Abdul Razak Also directs: Plama Boards Private Limited | Managing Director | 06 Mar 2006 | 20 Years 7 Months | Current |
| Fathima Janifer Also directs: Plama Boards Private Limited | Director | 06 Mar 2006 | 20 Years 7 Months | Current |
| Kukkady Abubakar Panambur | Director | 25 Mar 2016 | 10 Years 6 Months | Current |
Auditor
Plama Developers Limited is audited by SRIRAMULU NAIDU & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SRIRAMULU NAIDU & CO | FY 2018 | 008975S |
Shareholding
The shareholding of Plama Developers Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Plama Developers Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹31.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2012 | 10363315 | 3I Infotech Trusteeship Services Limited | ₹24 Cr | Satisfied | |
| 10 Feb 2012 | 10336824 | Corporation Bank | ₹4 Cr | Satisfied | |
| 26 Sep 2008 | 10127013 | State Bank of India | ₹3.5 Cr | Satisfied |
To see the full charge records of Plama Developers Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Plama Developers Limited has 19 court cases on record: 5 filed by Plama Developers, 14 filed against it. 2 cases are pending and 17 are disposed.
Total cases
19
Filed by the company
5
Filed against the company
14
Pending
2
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 7 | 2 |
| District courts | 9 | 7 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Court case (MFA) | Filed by the company against M/S M Far Constructions (P) Ltd and 2 others | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms M S Retail Pvt Ltd | Disposed |
| High Court, KARNATAKA | Court case (MFA) | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company | Disposed |
| High Court of Karnataka | Tax appeal | Filed against the company by The PR Commissioner of Income Tax | Disposed |
To see the full case history of Plama Developers 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 Plama Developers Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Plama Developers Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
3
Active EPFO establishments
1
Employee growth
-40%
GST
Plama Developers has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP8640F1Z8 | Karnataka | Active | 01 Jul 2017 |
| 32AADCP8640F1ZL | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Plama Developers Limited, buy the company report.
Recent activity
Plama Developers Limited has 7 board changes on record since 2006: 3 appointments and 4 cessations. The latest: Bindumadhava Nanjundaswamy Birur ceased to be Director on 20 Mar 2019.
AGM
Plama Developers Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Plama Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Bindumadhava Nanjundaswamy Birur ceased to be Director.
Charges
A charge registered on 30 Jun 2012 via Charge ID 10363315 with 3I Infotech Trusteeship Services Limited was fully satisfied on 05 Jan 2018.
Ceased
Mohammed Mailar Panambur ceased to be Director.
Appointed
Kukkady Abubakar Panambur was appointed as Director.
Charges
A charge registered on 10 Feb 2012 via Charge ID 10336824 with Corporation Bank was fully satisfied on 08 Jul 2015.
Charges
A charge with 3I Infotech Trusteeship Services Limited of Rs. 24.00 Cr registered on 30 Jun 2012 with Charge ID 10363315 was modified on 04 Jul 2012.
Charges
A charge with 3I Infotech Trusteeship Services Limited amounted to Rs. 24.00 Cr with Charge ID 10363315 was registered on 30 Jun 2012.
Charges
A charge with Corporation Bank amounted to Rs. 4.00 Cr with Charge ID 10336824 was registered on 10 Feb 2012.
Charges
A charge registered on 26 Sep 2008 via Charge ID 10127013 with State Bank Of India was fully satisfied on 07 Aug 2010.
Ceased
Kannan Ramamirtham ceased to be Director.
5 earlier events are in the company report.
Frequently asked questions
Plama Developers is an active public limited company based in Mangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 March 2006 (20+ years old) and is registered under CIN U70101KA2006PLC038670.
Plama Developers has 3 current directors:
- Panambur Mustafa Abdul Razak - Managing Director
- Fathima Janifer - Director
- Kukkady Abubakar Panambur - Director
The latest financial statements of Plama Developers 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 Plama Developers is 29AADCP8640F1Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 32AADCP8640F1ZL (Kerala).
The CIN (Corporate Identification Number) of Plama Developers is U70101KA2006PLC038670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Plama Developers has 19 court cases on record: 5 filed by the company and 14 filed against it. 2 are pending. Most are in the high courts.
Plama Developers was incorporated on 06 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Bindumadhava Nanjundaswamy Birur ceased to be Director on 20 Mar 2019. Mohammed Mailar Panambur ceased to be Director on 04 Apr 2016. Kukkady Abubakar Panambur was appointed as Director on 25 Mar 2016. Plama Developers has 7 board changes on record in total.
Yes, Plama Developers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0043804).
Plama Developers can be reached through the website plamadevelopers.com. Its registered office is in Mangalore, Karnataka, India.