Cornerstone Property Investments Private Limited

Develops land and forms partnerships for property development in Bangalore.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated:

Cornerstone Property Investments Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.51 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,275.00 Cr
  • Satisfied Charges ₹ 270.00 Cr
  • Revenue Growth -99.00%
  • Profit Growth -284.51%
  • Ebitda 12.06%
  • Net Worth -3.22%
  • Total Assets 4.73%

About Cornerstone Property Investments

Cornerstone Property Investments Private Limited (CPIPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 July 2006 and has a history of 18 years and eight months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.51 Cr.

The company currently has active open charges totaling ₹2,275.00 Cr. The company has closed loans amounting to ₹270.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Byappanahalli Babu and Kumudha Kumarbabu serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70102KA2006PTC040019

  • Company No.

    040019

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Jul 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

Who are the key members and board of directors at Cornerstone Property Investments?

Board Members (2)

NameDesignationAppointment DateStatus
Byappanahalli Babu Country flag representing In Director 24-Jul-2006Current
Kumudha Kumarbabu Country flag representing In Director 05-Aug-2009Current

Financial Performance of Cornerstone Property Investments.

Cornerstone Property Investments Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 99% decrease. The company also saw a substantial fall in profitability, with a 284.51% decrease in profit. The company's net worth dipped by a decrease of 3.22%.

Cornerstone Property Investments revenue growth over time
Cornerstone Property Investments profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-99.00%
Revenue from Operations
Total Assets
4.73%
Profit or Loss
-284.51%
Net Worth
-3.22%
EBITDA
12.06%

What is the Ownership and Shareholding Structure of Cornerstone Property Investments?

In 2021, Cornerstone Property Investments had a promoter holding of 66.89% and a public holding of 33.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,275.00 Cr

Satisfied Charges

₹270.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 2060.00 Cr
  • Lakshmi Vilas Bank Limited : 215.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2020Others₹150.00 CrOpen
18 Sep 2018Others₹650.00 CrOpen
30 Jun 2017Others₹1,260.00 CrOpen
29 Sep 2016Lakshmi Vilas Bank Limited₹105.00 CrOpen
03 Mar 2016Lakshmi Vilas Bank Limited₹110.00 CrOpen

How Many Employees Work at Cornerstone Property Investments?

Unlock and access historical data on people associated with Cornerstone Property Investments, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Cornerstone Property Investments Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cornerstone Property Investments, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cornerstone Property Investments's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Cornerstone Property Investments

Recent activity within the organization

  • Annual General Meeting

    Cornerstone Property Investments Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Cornerstone Property Investments Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 100377289 was registered on 27 Aug 2020.

  • Charges

    A charge with Others of Rs. 1,260.00 Cr registered on 30 Jun 2017 with Charge ID 100155703 was modified on 27 Dec 2018.

  • Charges

    A charge with Others amounted to Rs. 650.00 Cr with Charge ID 100208690 was registered on 18 Sep 2018.

  • Charges

    A charge registered on 16 Feb 2017 via Charge ID 100086163 with Others was fully satisfied on 27 Jul 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Cornerstone Property Investments Private Limited?

    Cornerstone Property Investments Private Limited was incorporated on 24 Jul 2006.

  • What is authorized share capital and paid-up capital of Cornerstone Property Investments Private Limited?

    The authorized share capital of Cornerstone Property Investments Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.51 Cr.

  • Who are the current board members & directors of Cornerstone Property Investments Private Limited?

    Currently 2 directors are associated with Cornerstone Property Investments Private Limited.

    • Byappanahalli Prabhakara Reddy Kumar Babu
    • Kumudha Kumarbabu

  • What is the registered address of Cornerstone Property Investments Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cornerstone Property Investments Private Limited is 583 1St Cross 9Th Main Off Cmh Road Stage, Indiranagar India, Bengaluru, Karnataka, 560038.

  • What is the corporate identification number (CIN) and company number of Cornerstone Property Investments Private Limited?

    The corporate identification number (CIN) of Cornerstone Property Investments Private Limited is U70102KA2006PTC040019 and the company number is 040019 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cornerstone Property Investments Private Limited?

    The Official website of Cornerstone Property Investments Private Limited is https://www.cornerstoneindia.in

  • What has been the recent revenue trend for Cornerstone Property Investments Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Cornerstone Property Investments Private Limited has fallen by -99.00%.

  • What change has been observed in the net worth of Cornerstone Property Investments Private Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Cornerstone Property Investments Private Limited has experienced an downturn of -3.22%.

  • What are the total open charges for Cornerstone Property Investments Private Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Cornerstone Property Investments Private Limited amount to ₹ 2,275.00 Cr.

  • When was the last Balance Sheet of Cornerstone Property Investments Private Limited filed with the ROC?

    The most recent Balance Sheet for Cornerstone Property Investments Private Limited was filed with the ROC on 31 Mar 2024.

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