Sipani Properties Private Limited

Real estate development and construction of residential, industrial, and commercial properties.

1997 | Bangalore, Karnataka (India) | Active
Last Updated:

Sipani Properties Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.25 Cr
  • Company Age 27 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 67.90 Cr
  • Satisfied Charges ₹ 157.99 Cr
  • Revenue Growth 92.17%
  • Profit Growth 60.61%
  • Ebitda 22.25%
  • Net Worth 16.52%
  • Total Assets 12.63%

About Sipani Properties

Sipani Properties Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 1997 and has a history of 27 years and three months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Sipani Logistics & Warehousing Private Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 11.25 Cr.

The company currently has active open charges totaling ₹67.90 Cr. The company has closed loans amounting to ₹157.99 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dinesh Sipani, Ridh Sipani, and Ramesh Sipani serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70102KA1997PTC023041

  • Company No.

    023041

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

What products or services does Sipani Properties Private Limited offer?

Sipani Properties Private Limited offers a wide range of products and services, including Residential Construction Projects, Apartment Construction, Building & Real Estate Developers, Residential Property, Luxury Apartment Services.

Company report

Sipani Properties Private Limited

Explore comprehensive data for Sipani Properties Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Sipani Properties?

Executive Team (1)

NameDesignationAppointment DateStatus
Ridh Sipani Country flag representing In Managing Director08-Jun-2013Current

Board Members (2)

NameDesignationAppointment DateStatus
Dinesh Sipani Country flag representing In Director 08-Jun-2000Current
Ramesh Sipani Country flag representing In Additional Director 24-May-2017Current

Financial Performance of Sipani Properties.

Sipani Properties Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 92.17% increase. The company also saw a substantial improvement in profitability, with a 60.61% increase in profit. The company's net worth Soared by an impressive increase of 16.52%.

Sipani Properties revenue growth over time
Sipani Properties 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
92.17%
Revenue from Operations
97.36%
Total Assets
12.63%
Profit or Loss
60.61%
Net Worth
16.52%
EBITDA
22.25%

What is the Ownership and Shareholding Structure of Sipani Properties?

In 2020, Sipani Properties had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹67.90 Cr

Satisfied Charges

₹157.99 Cr

Charges Breakdown by Lending Institutions

  • Others : 32.00 Cr
  • Axis Bank Limited : 30.90 Cr
  • Easyaccess Financial Services Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Oct 2023Others₹12.00 CrOpen
16 Jan 2017Others₹20.00 CrOpen
18 Mar 2016Axis Bank Limited₹5.00 CrOpen
08 Oct 2015Easyaccess Financial Services Limited₹5.00 CrOpen
16 Sep 2013Axis Bank Limited₹25.90 CrOpen

How Many Employees Work at Sipani Properties?

Sipani Properties has a workforce of 31 employees as of Apr 06, 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.

Employee growth trends for Sipani Properties Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sipani Properties, 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 Sipani Properties'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 Sipani Properties

Recent activity within the organization

  • Charges

    A charge registered on 05 Apr 2018 via Charge ID 100176858 with Others was fully satisfied on 15 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100808679 was registered on 06 Oct 2023.

  • Charges

    A charge registered on 13 Dec 2021 via Charge ID 100531739 with Others was fully satisfied on 06 Oct 2023.

  • Charges

    A charge registered on 25 Jun 2018 via Charge ID 100204008 with Others was fully satisfied on 06 Oct 2023.

  • Charges

    A charge registered on 02 Mar 2018 via Charge ID 100172523 with Others was fully satisfied on 06 Oct 2023.

  • Annual General Meeting

    Sipani Properties Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Sipani Properties Private Limited?

    Sipani Properties Private Limited was incorporated on 19 Nov 1997.

  • What is authorized share capital and paid-up capital of Sipani Properties Private Limited?

    The authorized share capital of Sipani Properties Private Limited is ₹ 12.00 Cr and paid-up capital is ₹ 11.25 Cr.

  • Who are the current board members & directors of Sipani Properties Private Limited?

    Currently 3 directors are associated with Sipani Properties Private Limited.

    • Dinesh Kumar Sipani
    • Ridh Karan Sipani
    • Ramesh Kumar Sipani

  • What is the registered address of Sipani Properties Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sipani Properties Private Limited is Sipani Est Avenue No 439 18Th Main 6Th Block Koramangala India, Bangalore, Karnataka, 560095.

  • What is the corporate identification number (CIN) and company number of Sipani Properties Private Limited?

    The corporate identification number (CIN) of Sipani Properties Private Limited is U70102KA1997PTC023041 and the company number is 023041 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Sipani Properties Private Limited?

    The Official website of Sipani Properties Private Limited is https://www.sipaniproperties.com

  • What has been the recent revenue trend for Sipani Properties Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Sipani Properties Private Limited has risen by 92.17%.

  • How many employees does Sipani Properties Private Limited currently have?

    As Per 2023 financial reports, 31 employees are currently employed by Sipani Properties Private Limited.

  • What change has been observed in the net worth of Sipani Properties Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Sipani Properties Private Limited has experienced an upsurge of 16.52%.

  • What are the total open charges for Sipani Properties Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Sipani Properties Private Limited amount to ₹ 67.90 Cr.

  • When was the last Balance Sheet of Sipani Properties Private Limited filed with the ROC?

    The most recent Balance Sheet for Sipani Properties Private Limited was filed with the ROC on 31 Mar 2023.

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