Spl Palms Developers Private Limited

Founded in 2013 and headquartered in Karnataka, India.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Spl Palms Developers Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 200.00 Cr
  • Satisfied Charges ₹ 153.00 Cr
  • Revenue Growth 500.00%
  • Profit Growth -1216.42%
  • Ebitda -483.46%
  • Net Worth -1280.56%
  • Total Assets -28.68%

About Spl Palms Developers

Spl Palms Developers Private Limited (SPDPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 April 2013 and has a history of 11 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Suvilas Realities 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 2024. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹200.00 Cr. The company has closed loans amounting to ₹153.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ganesh Vembu, Narasimhamurthy Nagendra, and Gopalakrishnan Jagadeeswaran serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70100KA2013PTC068447

  • Company No.

    068447

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Apr 2013

  • Date of AGM

    30 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 Spl Palms Developers?

Board Members (3)

Name Designation Appointment Date Status
Ganesh Vembu Country flag representing In Director 25-Nov-2022 Current
Narasimhamurthy Nagendra Country flag representing In Director 25-Nov-2022 Current
Gopalakrishnan Jagadeeswaran Country flag representing In Director 25-Nov-2022 Current

Financial Performance of Spl Palms Developers.

Spl Palms Developers Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 500% increase. The company also saw a substantial fall in profitability, with a 1216.42% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1280.56%.

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
500.00%
Revenue from Operations
Total Assets
-28.68%
Profit or Loss
-1216.42%
Net Worth
-1280.56%
EBITDA
-483.46%

What is the Ownership and Shareholding Structure of Spl Palms Developers?

In 2023, Spl Palms Developers 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

₹2,000.00 M

Satisfied Charges

₹1,530.00 M

Charges Breakdown by Lending Institutions

  • Tata Capital Housing Finance Limited : 200.00 Cr

Latest Charge Details

Date Lender Amount Status
29 Jan 2024 Tata Capital Housing Finance Limited ₹60.00 Cr Open
24 Feb 2023 Tata Capital Housing Finance Limited ₹140.00 Cr Open
03 Sep 2019 Idbi Trusteeship Services Limited ₹100.00 Cr Satisfied
07 Aug 2018 Others ₹53.00 Cr Satisfied

How Many Employees Work at Spl Palms Developers?

Unlock and access historical data on people associated with Spl Palms Developers, 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 Spl Palms Developers, 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 Spl Palms Developers'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 Spl Palms Developers

Recent activity within the organization

  • Annual General Meeting

    Spl Palms Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Spl Palms Developers 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 Tata Capital Housing Finance Limited amounted to Rs. 600.00 M with Charge ID 100872563 was registered on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge registered on 03 Sep 2019 via Charge ID 100293314 with Idbi Trusteeship Services Limited was fully satisfied on 20 Mar 2023.

    20 Mar 2023

  • Charges

    A charge with Tata Capital Housing Finance Limited amounted to Rs. 1,400.00 M with Charge ID 100684701 was registered on 24 Feb 2023.

    24 Feb 2023

  • Director Appointment

    Gopalakrishnan Jagadeeswaran was appointed as a Director was appointed as a Director on 25 Nov 2022 & has been associated with this company since 2 years 2 months .

    25 Nov 2022

Frequently asked questions

  • Spl Palms Developers Private Limited was incorporated on 05 Apr 2013.

  • The authorized share capital of Spl Palms Developers Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Spl Palms Developers Private Limited.

    • Ganesh Vembu
    • Narasimhamurthy Nagendra
    • Gopalakrishnan Jagadeeswaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Spl Palms Developers Private Limited is Shriram House No. 31 2Nd Main Road T.Chowdaiah Road, Sadashivnagar India, Bengaluru, Karnataka, 560080.

  • The corporate identification number (CIN) of Spl Palms Developers Private Limited is U70100KA2013PTC068447 and the company number is 068447 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Spl Palms Developers Private Limited is https://www.shriramproperties.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Spl Palms Developers Private Limited has been consistent by 500.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Spl Palms Developers Private Limited has experienced an downturn of -1280.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Spl Palms Developers Private Limited amount to ₹ 200.00 Cr.

  • The most recent Balance Sheet for Spl Palms Developers Private Limited was filed with the ROC on 31 Mar 2024.

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