Propcare Developers Private Limited

Real estate development company with projects in residential, retail, commercial, education, and hospitality sectors.

1990 | Bangaluru, Karnataka (India) | Active
Last Updated: December 29, 2024

Propcare Developers Profile

Key Indicators

  • Authorised Capital ₹ 110.00 Cr
  • Paid Up Capital ₹ 46.19 Cr
  • Company Age 34 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6,892.72 Cr
  • Satisfied Charges ₹ 6,114.77 Cr
  • Revenue Growth 38.83%
  • Profit Growth 35.32%
  • Ebitda 12.55%
  • Net Worth -2.43%
  • Total Assets 5.08%

About Propcare Developers

Propcare Developers Private Limited (PDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 December 1990 and has a history of 34 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Glory Estate Pvt Ltd. 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 110.00 Cr and a paid-up capital of Rs 46.19 Cr.

The company currently has active open charges totaling ₹6,892.72 Cr. The company has closed loans amounting to ₹6,114.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Methuku Srinivas and Mohankumar Jayanna 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

    U70102KA1990PTC027924

  • Company No.

    027924

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Dec 1990

  • 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

What products or services does Propcare Developers Private Limited offer?

Propcare Developers Private Limited offers a wide range of products and services, including Building & Real Estate Developers, Commercial Construction Service, Real Estate Agent & Property Dealers, Serviced Apartments, Residential Construction Projects, Real Estate Agent, Hotel Construction Service.

Who are the key members and board of directors at Propcare Developers?

Board Members (2)

NameDesignationAppointment DateStatus
Methuku Srinivas Country flag representing In Director 25-Mar-2024Current
Mohankumar Jayanna Country flag representing In Director 25-Mar-2024Current

Financial Performance of Propcare Developers.

Mantri Developers Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 38.83% increase. The company also saw a substantial improvement in profitability, with a 35.32% increase in profit. The company's net worth dipped by a decrease of 2.43%.

Graph illustrating revenue growth over time
Graph showing 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
38.83%
Revenue from Operations
82.66%
Total Assets
5.08%
Profit or Loss
35.32%
Net Worth
-2.43%
EBITDA
12.55%

What is the Ownership and Shareholding Structure of Propcare Developers?

In 2022, Propcare Developers had a promoter holding of 90.00% and a public holding of 9.99%. The company had 23 Subsidiaries and 5 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6,892.72 Cr

Satisfied Charges

₹6,114.77 Cr

Charges Breakdown by Lending Institutions

  • Others : 6586.72 Cr
  • Xander Finance Private Limited : 186.00 Cr
  • Yes Bank Limited : 60.00 Cr
  • Il & Fs Trust Company Limited : 60.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jan 2024Others₹460.00 CrOpen
17 Jun 2020Others₹125.00 CrOpen
20 Mar 2020Others₹621.42 CrOpen
17 Oct 2019Others₹310.00 CrOpen
20 Sep 2019Others₹260.00 CrOpen

How Many Employees Work at Propcare Developers?

Propcare Developers has a workforce of 209 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Propcare Developers, 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 Propcare Developers'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 Propcare Developers

Recent activity within the organization

  • Charges

    A charge registered on 29 Mar 2016 via Charge ID 100020821 with Others was fully satisfied on 12 Dec 2024.

    12 Dec 2024

  • Charges

    A charge registered on 30 Sep 2020 via Charge ID 100380962 with Sbicap Trustee Company Limited was fully satisfied on 25 Nov 2024.

    25 Nov 2024

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Others of Rs. 95.00 Cr registered on 25 May 2017 with Charge ID 100103129 was modified on 03 Apr 2024.

    03 Apr 2024

  • Balance Sheet

    Propcare Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Methuku Srinivas was appointed as a Director was appointed as a Director on 25 Mar 2024 & has been associated with this company since 10 months 7 days .

    25 Mar 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Propcare Developers Private Limited was incorporated on 06 Dec 1990.

  • The authorized share capital of Propcare Developers Private Limited is ₹ 110.00 Cr and paid-up capital is ₹ 46.19 Cr.

  • Currently 2 directors are associated with Propcare Developers Private Limited.

    • Methuku Srinivas
    • Mohankumar Singapura Jayanna
  • As per Ministry of Corporate Affairs (Mca), the registered address of Propcare Developers Private Limited is C-5 Rich Homes No 5/1 Richmond Road, India, Bangalore North, Karnataka, 560025.

  • The corporate identification number (CIN) of Propcare Developers Private Limited is U70102KA1990PTC027924 and the company number is 027924 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Propcare Developers Private Limited is https://www.mantri.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Propcare Developers Private Limited has risen by 38.83%.

  • As Per 2022 financial reports, 209 employees are currently employed by Propcare Developers Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Propcare Developers Private Limited has experienced an downturn of -2.43%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Propcare Developers Private Limited amount to ₹ 6,892.72 Cr.

  • The most recent Balance Sheet for Propcare Developers Private Limited was filed with the ROC on 31 Mar 2024.

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