MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0042988
Vaishnavi Infrastructure Private Limited - real estate and construction in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹211.79 Cr
▼ 27% YoY
Net profit · FY 2023
₹5.63 Cr
Net margin 2.7%
EBITDA · FY 2023
₹12.56 Cr
EBITDA margin 5.9%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹9.99 Cr
Issued & subscribed
Open charges
₹288.23 Cr
Satisfied ₹738.63 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
69
Provident fund records
About Vaishnavi Infrastructure Private Limited
Data last updated:
Vaishnavi Infrastructure 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 13 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2006PTC040918. Its GSTIN is 29AACCV3531A1ZP (Karnataka).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.99 Cr. It is led by directors including Narayanaswamynaidu Chittor Govindaraju (Managing Director) and Kishan Govindaraju (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.2/2 Walton Road Off: Vittal Malya Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2023, the company reported a revenue of ₹211.79 Cr, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹5.63 Cr (net margin 2.7%) and EBITDA of ₹12.56 Cr (EBITDA margin 5.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 69 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Vaishnavi Group. As per MCA filings, the company has open charges of ₹288.23 Cr and satisfied charges of ₹738.63 Cr on record. Court records list 44 cases involving the company, including 11 filed by the company and 33 filed against it; 16 cases are pending. The company has 24 deals on record (13 funding rounds, 11 secondary share transfers), with disclosed funding of ₹26.37 Cr; the latest was in February 2023. Its 3 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 2 larger and 1 smaller; the largest is Sowparnika Projects and Infrastructure Private Limited with revenue of ₹213.61 Cr.
Vaishnavi Infrastructure Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0042988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vaishnavigroup.com.
Company details
CIN U70102KA2006PTC040918
Registration Number 040918
Incorporation Date 13 November 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0042988
Key People
Narayanaswamynaidu Chittor Govindaraju Managing Director Kishan Govindaraju Whole-Time Director Chittor Asha Govindaraju Whole-Time Director Recognitions & Rankings of Vaishnavi Infrastructure
Contact details
Vaishnavi Infrastructure Private Limited's registered office is in Bangalore, Karnataka. Its website is vaishnavigroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.2/2 Walton Road Off: Vittal Malya Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Vaishnavi Infrastructure Private Limited, buy the company report.
Comprehensive company report
Vaishnavi Infrastructure 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
Vaishnavi Infrastructure operates one associated brand: Vaishnavi Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial properties are developed by Vaishnavi Group. | vaishnavigroup.com |
Business activity
The main business activity of Vaishnavi Infrastructure 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 Vaishnavi Infrastructure Private Limited, buy the company report.
Financials of Vaishnavi Infrastructure Private Limited
FY 2023 filings availableVaishnavi Infrastructure Private Limited reported revenue of ₹211.79 Cr (down 27% YoY) for FY 2023.
Revenue · FY 2023
₹211.79 Cr ▼ 27%
Net profit · FY 2023
₹5.63 Cr margin 2.7%
EBITDA · FY 2023
₹12.56 Cr margin 5.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▲ 37%
5 years · compounded
▲ 1%
Revenue fell 27% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 34% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹211.79 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.63 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.9% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 Vaishnavi Infrastructure Private Limited, buy the company report.
Board of directors of Vaishnavi Infrastructure Private Limited
Vaishnavi Infrastructure has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishan Govindaraju | Whole-Time Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Chittor Asha Govindaraju Also directs: Essae Vaishnavi Infrastructure LLP, Aparna Globaltech Corporation LLP, Vaishnavi Associates & Properties (Bangalore) LLP and 5 more | Whole-Time Director | 13 Nov 2006 | 19 Years 11 Months | Current |
| Narayanaswamynaidu Chittor Govindaraju Also directs: Essae Vaishnavi Infrastructure LLP, Vaishnavi Infrastructures & Holdings LLP, Aparna Globaltech Corporation LLP and 5 more | Managing Director | 13 Nov 2006 | 19 Years 11 Months | Current |
| Darshan Govindaraju | Whole-Time Director | 27 May 2011 | 15 Years 5 Months | Current |
Peer comparison
Vaishnavi Infrastructure Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sowparnika Projects and Infrastructure Private Limited | ₹213.61 Cr (FY 2025) | -15.0% | Bangalore, Karnataka, India | |||
| Jones Foundations Private Limited | ₹213.01 Cr (FY 2024) | 2.0% | Chennai, Tamil Nadu, India | |||
| Vaishnavi Infrastructure Private Limitedthis company | ₹211.79 Cr (FY 2023) | ₹5.63 Cr | 2.7% | -27.0% | 69 | Bangalore, Karnataka, India |
| Cornerstone Bay East Developers Private Limited | ₹211 Cr (FY 2024) | -20.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Vaishnavi Infrastructure Private Limited, buy the company report.
Shareholding
The shareholding of Vaishnavi Infrastructure 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 Vaishnavi Infrastructure Private Limited, buy the company report.
Charges & borrowings
Open charges
₹288.23 Cr
Satisfied charges
₹738.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Apr 2025 | 101085258 | Standard Chartered Bank | ₹9.2 Cr | Open | |
| 31 Jan 2025 | 101044040 | Others | ₹25 Cr | Open | |
| 15 Jul 2024 | 100950431 | Others | ₹25 Cr | Open | |
| 26 Jul 2023 | 100757963 | Others | ₹110 Cr | Open | |
| 20 Jan 2023 | 100712002 | Hdfc Bank Limited | ₹4.5 Cr | Open |
To see the full charge records of Vaishnavi Infrastructure Private Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Vaishnavi Infrastructure Private Limited has 24 deals on record (13 funding rounds, 11 secondary share transfers), with disclosed funding of ₹26.37 Cr; the latest was in February 2023.
Total deals
24
Funding rounds
13
Secondary share transfers
11
Disclosed funding
₹26.37 Cr
Deals on record (5 of 24)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Essae Electronics Private Limited |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Valdel Investments Private Limited , an individual |
| Oct 2008 | Funding round | ₹1.99 Cr | Investors: Valdel Investments Private Limited , an individual |
| Apr 2008 | Funding round | ₹25 Lakh | Investors: Essae Electronics Private Limited |
To see the full deal history of Vaishnavi Infrastructure Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Vaishnavi Infrastructure Private Limited has 44 court cases on record: 11 filed by Vaishnavi Infrastructure, 33 filed against it. 16 cases are pending and 28 are disposed.
Total cases
44
Filed by the company
11
Filed against the company
33
Pending
16
Disposed
28
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 25 | 17 | 6 |
| District courts | 19 | 16 | 10 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by M/S Smartworks Coworking Spaces Limited | Pending |
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Smartworks Coworking Spaces Private Limited | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Smartworks Coworking Spaces Private Limited | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S. JP Infra (Mumbai) Pvt. Ltd., | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed by the company against an individual | Pending |
To see the full case history of Vaishnavi Infrastructure 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 Vaishnavi Infrastructure Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Vaishnavi Infrastructure has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| J. P. Grih Nirman Private Limited | U70109KA2007PTC063027 |
To see the full group structure of Vaishnavi Infrastructure Private Limited, buy the company report.
Employees & EPFO
Vaishnavi Infrastructure Private Limited has a workforce of 69 employees on its EPFO records as of Sep 24, 2025, across 1 active EPFO establishment.
Employee count
69
Active EPFO establishments
1
Employee growth
-26.6%
GST
Vaishnavi Infrastructure has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCV3531A1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vaishnavi Infrastructure Private Limited, buy the company report.
Recent activity
Vaishnavi Infrastructure Private Limited has 14 board changes on record since 2006: 4 appointments and 10 cessations. The latest: Kishan Govindaraju ceased to be Additional Director on 25 Nov 2022.
Charges
A charge with Standard Chartered Bank of Rs. 9.20 Cr registered on 21 Apr 2025 with Charge ID 101085258 was modified on 29 May 2025.
Charges
A charge with Standard Chartered Bank amounted to Rs. 9.20 Cr with Charge ID 101085258 was registered on 21 Apr 2025.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 101044040 was registered on 31 Jan 2025.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100950431 was registered on 15 Jul 2024.
Charges
A charge with Others of Rs. 48.00 Cr registered on 30 Jun 2022 with Charge ID 100588717 was modified on 22 Feb 2024.
AGM
Vaishnavi Infrastructure Private Limited last Annual general meeting of members was held on 30 Dec 2023 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 110.00 Cr with Charge ID 100757963 was registered on 26 Jul 2023.
Filing
Vaishnavi Infrastructure Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 4.50 Cr with Charge ID 100712002 was registered on 20 Jan 2023.
Charges
A charge with Others amounted to Rs. 45.00 Cr with Charge ID 100653571 was registered on 09 Dec 2022.
Charges
A charge registered on 27 Apr 2021 via Charge ID 100472356 with Others was fully satisfied on 06 Dec 2022.
Charges
A charge registered on 08 Aug 2019 via Charge ID 100280472 with Others was fully satisfied on 06 Dec 2022.
72 earlier events are in the company report.
News
Frequently asked questions
Vaishnavi Infrastructure 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 13 November 2006 (20+ years old) and is registered under CIN U70102KA2006PTC040918.
Vaishnavi Infrastructure has 4 current directors:
- Narayanaswamynaidu Chittor Govindaraju - Managing Director
- Kishan Govindaraju - Whole-Time Director
- Chittor Asha Govindaraju - Whole-Time Director
- Darshan Govindaraju - Whole-Time Director
The latest financial statements of Vaishnavi Infrastructure on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Vaishnavi Infrastructure is 29AACCV3531A1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Vaishnavi Infrastructure is U70102KA2006PTC040918. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vaishnavi Infrastructure has 44 court cases on record: 11 filed by the company and 33 filed against it. 16 are pending. Most are in the high courts.
Vaishnavi Infrastructure was incorporated on 13 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Vaishnavi Infrastructure has 24 deals on record (13 funding rounds, 11 secondary share transfers), with disclosed funding of ₹26.37 Cr; the latest was in February 2023.
The peers of Vaishnavi Infrastructure by revenue are Sowparnika Projects and Infrastructure Private Limited, Jones Foundations Private Limited, Cornerstone Bay East Developers Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Kishan Govindaraju ceased to be Additional Director on 25 Nov 2022. Kishan Govindaraju was appointed as Whole-Time Director on 01 Apr 2022. Chittor Asha Govindaraju ceased to be Whole-Time Director on 30 Dec 2020. Vaishnavi Infrastructure has 14 board changes on record in total.
Yes, Vaishnavi Infrastructure is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0042988).