Sipani Properties Private Limited logo

Sipani Properties Private Limited

Real estate development and construction of residential, industrial, and commercial properties.
1997 | Bangalore, Karnataka (India) | Active

Last Updated:

June 16, 2024
HomeCompanySipani Properties Private Limited

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ridh Sipani InManaging Director08-Jun-2013Current

Board Members(2)

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

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹67.90 Cr

₹157.99 Cr

LenderAmountStatus

Others

Creation Date: 06 Oct 2023
₹12.00 CrOpen

Others

Creation Date: 16 Jan 2017
₹20.00 CrOpen

Axis Bank Limited

Creation Date: 18 Mar 2016
₹5.00 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.

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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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