Sipani Properties Private Limited

Founded in 1997 and headquartered in Karnataka, India.

1997 | Bangalore, Karnataka (India) | Active
Last Updated: June 16, 2024

Sipani Properties Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.25 Cr
  • Company Age 27 Year, 2 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 13.05%

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 two months. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Arjun Motors 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.


Company Details

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.

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

Executive Team (1)

Name Designation Appointment Date Status
Ridh Sipani Country flag representing In Managing Director 08-Jun-2013 Current

Board Members (2)

Name Designation Appointment Date Status
Ramesh Sipani Country flag representing In Additional Director 24-May-2017 Current
Dinesh Sipani Country flag representing In Director 08-Jun-2000 Current

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%.

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
92.17%
Revenue from Operations
97.36%
Total Assets
13.05%
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

Date Lender Amount Status
06 Oct 2023 Others ₹12.00 Cr Open
16 Jan 2017 Others ₹20.00 Cr Open
18 Mar 2016 Axis Bank Limited ₹5.00 Cr Open
08 Oct 2015 Easyaccess Financial Services Limited ₹5.00 Cr Open
16 Sep 2013 Axis Bank Limited ₹25.90 Cr Open

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.

Graph showing employee growth trends

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.

    15 Feb 2024

  • Charges

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

    06 Oct 2023

  • Charges

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

    06 Oct 2023

  • Charges

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

    06 Oct 2023

  • Charges

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

    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.

    30 Sep 2023

Frequently asked questions

  • Sipani Properties Private Limited was incorporated on 19 Nov 1997.

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

  • Currently 3 directors are associated with Sipani Properties Private Limited.

    • Ramesh Kumar Sipani
    • Ridh Karan Sipani
    • Dinesh Kumar Sipani
  • 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, Bangalore, Karnataka, India, 560095.

  • 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).

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

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

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

  • 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%.

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

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

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