Suruchi Properties Private Limited

This company provides real estate services, including construction, development, and design.

2003 | Bangalore, Karnataka (India) | Active
Last Updated: June 15, 2024

Suruchi Properties Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 21 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 450.00 Cr
  • Satisfied Charges ₹ 3,072.00 Cr
  • Revenue Growth %
  • Profit Growth 42.25%
  • Ebitda 41.91%
  • Net Worth -5.83%
  • Total Assets 3.82%

About Suruchi Properties

Suruchi Properties Private Limited (SPPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 November 2003 and has a history of 21 years and two months. Its registered office is in Bangalore, 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹450.00 Cr. The company has closed loans amounting to ₹3,072.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Suruchi Properties Private Limited India is Sreedevi Pillai as COMPANY SECRETARY. Ravindra Pai and Ashwin Pai serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U45201KA2003PTC064723

  • Company No.

    064723

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 2003

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Real Estate and Construction

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

Executive Team (1)

Name Designation Appointment Date Status
Sreedevi Pillai Company Secretary 06-Jan-2024 Current

Board Members (2)

Name Designation Appointment Date Status
Ashwin Pai Country flag representing In Director 28-Jul-2010 Current
Ravindra Pai Country flag representing In Director 28-Jul-2010 Current

Financial Performance of Suruchi Properties.

Suruchi Properties Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 42.25% increase in profit. The company's net worth dipped by a decrease of 5.83%.

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
Revenue from Operations
Total Assets
3.82%
Profit or Loss
42.25%
Net Worth
-5.83%
EBITDA
41.91%

What is the Ownership and Shareholding Structure of Suruchi Properties?

In 2023, Suruchi Properties 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

₹4,500.00 M

Satisfied Charges

₹30,720.00 M

Charges Breakdown by Lending Institutions

  • Others : 450.00 Cr

Latest Charge Details

Date Lender Amount Status
31 Jan 2024 Others ₹450.00 Cr Open
30 Sep 2023 Idbi Trusteeship Services Limited ₹325.00 Cr Satisfied
28 Sep 2022 Idbi Trusteeship Services Limited ₹700.00 Cr Satisfied
30 Jul 2018 Others ₹485.00 Cr Satisfied
03 Jul 2018 Others ₹125.00 Cr Satisfied

How Many Employees Work at Suruchi Properties?

Unlock and access historical data on people associated with Suruchi Properties, 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 Suruchi 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 Suruchi 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 Suruchi Properties

Recent activity within the organization

  • Charges

    A charge registered on 30 Sep 2023 via Charge ID 100816749 with Idbi Trusteeship Services Limited was fully satisfied on 25 Mar 2024.

    25 Mar 2024

  • Charges

    A charge registered on 28 Sep 2022 via Charge ID 100642124 with Idbi Trusteeship Services Limited was fully satisfied on 25 Mar 2024.

    25 Mar 2024

  • Charges

    A charge registered on 30 Jul 2018 via Charge ID 100202391 with Others was fully satisfied on 25 Mar 2024.

    25 Mar 2024

  • Charges

    A charge registered on 03 Jul 2018 via Charge ID 100197843 with Others was fully satisfied on 25 Mar 2024.

    25 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 4,500.00 M with Charge ID 100887458 was registered on 31 Jan 2024.

    31 Jan 2024

  • Director Appointment

    Sreedevi Ramchandran Pillai was appointed as a Company Secretary was appointed as a Company Secretary on 06 Jan 2024 & has been associated with this company since 1 year 26 days .

    06 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Suruchi Properties Private Limited was incorporated on 24 Nov 2003.

  • The authorized share capital of Suruchi Properties Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

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

    • Ravindra Panemangalore Pai
    • Ashwin Panemangalore Pai
    • Sreedevi Ramchandran Pillai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Suruchi Properties Private Limited is 10/1Ground Floor Lakshminarayana ComplexPalace Road, Bangalore, Karnataka, India, 560052.

  • The corporate identification number (CIN) of Suruchi Properties Private Limited is U45201KA2003PTC064723 and the company number is 064723 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Suruchi Properties Private Limited is https://www.suruchi.centuryrealestate.in

  • The financial reports for the fiscal year 2023 indicates that The net worth of Suruchi Properties Private Limited has experienced an downturn of -5.83%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Suruchi Properties Private Limited amount to ₹ 450.00 Cr.

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

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