Shreshta Apartments Private Limited

Property development and land acquisition company incorporated in 2008 with registered office in Bangalore.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: January 03, 2025

Shreshta Apartments Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,521.50 Cr
  • Satisfied Charges ₹ 1,066.52 Cr
  • Revenue Growth -68.85%
  • Profit Growth -76.02%
  • Ebitda -46.03%
  • Net Worth 0.45%
  • Total Assets 57.83%

About Shreshta Apartments

Shreshta Apartments Private Limited (SAPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 June 2008 and has a history of 16 years and seven 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹1,521.50 Cr. The company has closed loans amounting to ₹1,066.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karunesh Madaiah, Jayeshankar Madaiah, and Sudha Shanker serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45201KA2008PTC046960

  • Company No.

    046960

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2008

  • Date of AGM

    28 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 Shreshta Apartments?

Board Members (3)

Name Designation Appointment Date Status
Karunesh Madaiah Country flag representing In Director 27-Jun-2008 Current
Jayeshankar Madaiah Country flag representing In Director 27-Jun-2008 Current
Sudha Shanker Country flag representing In Director 27-Jun-2008 Current

Financial Performance of Shreshta Apartments.

Shreshta Apartments Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 68.85% decrease. The company also saw a substantial fall in profitability, with a 76.02% decrease in profit. The company's net worth moved up by a moderate rise of 0.45%.

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
-68.85%
Revenue from Operations
Total Assets
57.83%
Profit or Loss
-76.02%
Net Worth
0.45%
EBITDA
-46.03%

What is the Ownership and Shareholding Structure of Shreshta Apartments?

In 2021, Shreshta Apartments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15,215.00 M

Satisfied Charges

₹10,665.20 M

Charges Breakdown by Lending Institutions

  • Others : 1416.50 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 105.00 Cr

Latest Charge Details

Date Lender Amount Status
15 May 2024 The Hongkong And Shanghai Banking Corporation Limited ₹105.00 Cr Open
09 Dec 2022 Others ₹89.00 Cr Open
09 Dec 2022 Others ₹487.00 Cr Open
09 Dec 2022 Others ₹840.50 Cr Open
21 Jul 2023 Others ₹258.00 Cr Satisfied

How Many Employees Work at Shreshta Apartments?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Shreshta Apartments, 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 Shreshta Apartments'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 Shreshta Apartments

Recent activity within the organization

  • Annual General Meeting

    Shreshta Apartments Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge registered on 21 Jul 2023 via Charge ID 100824991 with Others was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge registered on 09 Dec 2022 via Charge ID 100752147 with Others was fully satisfied on 10 Jun 2024.

    10 Jun 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 1,050.00 M with Charge ID 100929712 was registered on 15 May 2024.

    15 May 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 2,580.00 M registered on 21 Jul 2023 with Charge ID 100824991 was modified on 16 Feb 2024.

    16 Feb 2024

Frequently asked questions

  • Shreshta Apartments Private Limited was incorporated on 27 Jun 2008.

  • The authorized share capital of Shreshta Apartments Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Shreshta Apartments Private Limited.

    • Karunesh Bilidale Madaiah
    • Jayeshankar Bilidale Madaiah
    • Sudha Shanker
  • As per Ministry of Corporate Affairs (Mca), the registered address of Shreshta Apartments Private Limited is No. 2/4 Langford Garden, Richmond Town India, Bengaluru, Karnataka, 560025.

  • The corporate identification number (CIN) of Shreshta Apartments Private Limited is U45201KA2008PTC046960 and the company number is 046960 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Shreshta Apartments Private Limited is https://www.adarshdevelopers.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Shreshta Apartments Private Limited has fallen by -68.85%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Shreshta Apartments Private Limited has experienced an upsurge of 0.45%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Shreshta Apartments Private Limited amount to ₹ 1,521.50 Cr.

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