Somayaji Estates Private Limited

Real estate company specializing in residential and commercial projects in Mangalore and Bangalore.

1993 | Bangaluru, Karnataka (India) | Active
Last Updated: December 10, 2024

Somayaji Estates Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.49 M
  • Company Age 31 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 52.63 Cr
  • Satisfied Charges ₹ 15.90 Cr
  • Revenue Growth 4.09%
  • Profit Growth 35.12%
  • Ebitda 14.96%
  • Net Worth 15.80%
  • Total Assets 6.68%

About Somayaji Estates

Somayaji Estates Private Limited (SEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 1993 and has a history of 31 years and six 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 3.49 M.

The company currently has active open charges totaling ₹52.63 Cr. The company has closed loans amounting to ₹15.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bantwal Somayaji and Arundhathi Somayaji serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70101KA1993PTC014586

  • Company No.

    014586

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1993

  • 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 Somayaji Estates Private Limited offer?

Somayaji Estates Private Limited offers a wide range of products and services, including Real Estate Agent & Property Dealers, Real Estate Services, Real Estate Development Services.

Who are the key members and board of directors at Somayaji Estates?

Board Members (2)

NameDesignationAppointment DateStatus
Bantwal Somayaji Country flag representing In Director 28-Jul-1993Current
Arundhathi Somayaji Country flag representing In Director 28-Jul-1993Current

Financial Performance of Somayaji Estates.

Somayaji Estates Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.09% increase. The company also saw a substantial improvement in profitability, with a 35.12% increase in profit. The company's net worth Soared by an impressive increase of 15.8%.

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
4.09%
Revenue from Operations
4.28%
Total Assets
6.68%
Profit or Loss
35.12%
Net Worth
15.80%
EBITDA
14.96%

What is the Ownership and Shareholding Structure of Somayaji Estates?

In 2022, Somayaji Estates 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

₹52.63 Cr

Satisfied Charges

₹15.90 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 23.83 Cr
  • Others : 19.92 Cr
  • State Bank Of India : 6.00 Cr
  • Uti Bank Limited : 2.88 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2024Others₹6.50 CrOpen
12 Jun 2024Axis Bank Limited₹4.60 CrOpen
25 May 2024Axis Bank Limited₹4.30 CrOpen
06 Apr 2023Others₹10.00 CrOpen
11 Oct 2022Others₹3.42 CrOpen

How Many Employees Work at Somayaji Estates?

Somayaji Estates has a workforce of 3 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 Somayaji Estates, 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 Somayaji Estates'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 Somayaji Estates

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100951577 was registered on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.60 Cr with Charge ID 100935876 was registered on 12 Jun 2024.

    12 Jun 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 4.30 Cr with Charge ID 100928112 was registered on 25 May 2024.

    25 May 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100697351 was registered on 06 Apr 2023.

    06 Apr 2023

  • Balance Sheet

    Somayaji Estates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Frequently asked questions

  • Somayaji Estates Private Limited was incorporated on 28 Jul 1993.

  • The authorized share capital of Somayaji Estates Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 3.49 M.

  • Currently 2 directors are associated with Somayaji Estates Private Limited.

    • Bantwal Raghunath Somayaji
    • Arundhathi Raghunath Somayaji
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somayaji Estates Private Limited is 21/1 5Th Cross Wilsongarden, India, Bangalore., Karnataka, 560027.

  • The corporate identification number (CIN) of Somayaji Estates Private Limited is U70101KA1993PTC014586 and the company number is 014586 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Somayaji Estates Private Limited is https://www.somayajiestates.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Somayaji Estates Private Limited has risen by 4.09%.

  • As Per 2022 financial reports, 3 employees are currently employed by Somayaji Estates Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Somayaji Estates Private Limited has experienced an upsurge of 15.80%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Somayaji Estates Private Limited amount to ₹ 52.63 Cr.

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