Cornerstone Properties Private Limited - Company overview

Cornerstone was incorporated on 3 March 2004 and is registered with ROC Bangalore.

2004-03-03 Bengaluru, Karnataka Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹50–100 Cr
▲ 56.2%
FY 2023
PROFIT / LOSS
Loss · ₹10–25 Cr
▼ -176.1%
FY 2023
EBITDA
Loss · ₹10–25 Cr
▼ -184.6%
FY 2023
NET WORTH
Loss · ₹100–500 Cr
▼ -10.5%
FY 2023
TOTAL ASSETS
₹500–1000 Cr
▲ 8.1%
FY 2023
EMPLOYEE COUNT
41–50
OPEN CHARGES
19
1,786.28 cr
PAID-UP CAPITAL
22.93 cr
AUTHORISED CAPITAL
25.01 cr
COMPANY AGE
22 Years 7 Months
since 2004-03-03
LAST FILING WITH ROC
2024-03-31
Last AGM: 2024-11-15
ACTIVE GST
1
Updated: 2023-02-22 12:34:55
SATISFIED CHARGES
14
381.87 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Cornerstone covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
52/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (55), financial health (25), director (55) and company-foundation signals.
  • Operating for 22+ years.
Compliance Score Moderate
55/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2024 - filings look overdue.
Financial Health Score High risk
25/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Negative net worth - capital eroded by losses.
Director Risk Score Moderate
55/100
Board strength, DIN status and churn.
  • 4 directors on the board.
  • Director TIRUMALA RAJAGOPALA RAO has DIN status "Deactivated due to non-filing of DIR-3 KYC".
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Cornerstone Company identity, industry, contact, and registration details from MCA and company records.

Cornerstone was incorporated on 3 March 2004 and is registered with ROC Bangalore. It is an active private limited company, now about 22 years old. The registered office is at 583, 1St Cross, 9Th Main, Off Cmh Road 1St Stage, Indiranagar, Bengaluru, Karnataka.

In its MCA filings the main business is listed as real estate activities with own or leased property, which made up 100% of turnover.

It has four directors: Tirumala Rajagopala Rao, Byappanahalli Prabhakara Reddy Kumar Babu, Kumudha Kumarbabu and Tirumala Rajagopala Rao. The longest-serving is Byappanahalli Prabhakara Reddy Kumar Babu, on the board since 2004; the most recent to join is Tirumala Rajagopala Rao, appointed in July 2024. Three former directors are on record; the most recent to leave was Akshay Kumar Babu Reddy in July 2021. Between them, the directors also sit on the boards of 28 other companies, including Anamitra Estates And Developers Private Limited and Anamitra Warehousing Private Limited.

₹22.93 crore of its ₹25.01 crore authorised capital is paid up (about 92%). Its latest balance sheet on MCA is for the year ending 31 March 2024, and the last AGM was on 15 November 2024. Nothing newer than 2024 shows up here, so it is worth checking the MCA portal for later filings. 19 charges (secured loans) are still open, and 14 more have been paid off.

Real Estate and Construction ••••••••
  • Location 583, 1St Cross, 9Th Main, Off Cmh Road 1St Stage, Indiranagar, Bengaluru, Karnataka - 560038
  • Website cornerstoneindia.in
LinkedIn Facebook
Legal NameCornerstone Properties Private Limited
CIN / LLPINU07010KA2004PTC033504
Company No.033504
ClassificationPrivate Limited Indian Non-Government Company
Incorporation Date2004-03-03
Date of AGM2024-11-15
Date of Balance Sheet2024-03-31
Listing StatusUnlisted
ROC CodeRoc Bangalore
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Cornerstone (4) Current board members from MCA filings, including designation and appointment details.

T
Tirumala Rajagopala Rao
Company Secretary | Since 2024-07-01 | DIN: 01575080
B
Byappanahalli Prabhakara Reddy Kumar Babu
Director | Since 2004-03-03 | DIN: 00104891
K
Kumudha Kumarbabu
Director | Since 2005-01-24 | DIN: 00277225
T
Tirumala Rajagopala Rao
Company Secretary | Since 2024-07-08

Financial Performance of Cornerstone Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹50–100 Cr ▲ 56.2%
P&L Loss · ₹10–25 Cr ▼ -176.1%
EBITDA Loss · ₹10–25 Cr ▼ -184.6%
Net worth Loss · ₹100–500 Cr ▼ -10.5%

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Charges of Cornerstone Open and satisfied charges registered against the company with MCA.

Others : 5.21 cr
Open Charges: 19 Satisfied Charges: 14
Open 1,786.28 cr
Satisfied 381.87 cr
LenderAmountStatus
Others
Creation Date: 05 Jun 2024
 1.40 cr Open
Others
Creation Date: 25 Apr 2024
 2.70 cr Open
Others
Creation Date: 24 Nov 2023
 29.50 Lakh Open

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
Real EstateReal estate activities with own or leased property100

Companies With Common Directors Of Cornerstone Other companies that share directors with this entity, based on MCA and compliance network data.

Board Overlap From MCA / Compliance Filings

Anamitra Estates And Developers Private Limited 2 Shared Directors
Anamitra Warehousing Private Limited 2 Shared Directors
B P K Infrastructures Private Limited 2 Shared Directors
Bpk Developments Llp 2 Shared Directors
Bpk Holdings Private Limited 2 Shared Directors
Chrysoberyl Estates Private Limited 2 Shared Directors
Chrysolite Property Developments Private Limited 2 Shared Directors
Cornerstone Bay City Developments Private Limited 2 Shared Directors
Cornerstone Bay East Developers Private Limited 2 Shared Directors
Cornerstone Industrial Parks Private Limited 2 Shared Directors
Cornerstone Property Developers Private Limited 2 Shared Directors
Cornerstone Property Investments Private Limited 2 Shared Directors
Cornerstone Property Management Private Limited 2 Shared Directors
Cornerstone Shelters Private Limited 2 Shared Directors
Cornerstone Sports And Amusement Park Private Limited 2 Shared Directors
Cornerstone Supply Chain Solutions Private Limited 2 Shared Directors
Sunstone Developments Llp 2 Shared Directors
Akr Property Developers Private Limited 1 Shared Director
Amethyst Furnishings Private Limited 1 Shared Director
Augelite Properties Llp 1 Shared Director
Carnelia Realestate Holding Private Limited 1 Shared Director
Celestite Property Developments Private Limited 1 Shared Director
Cornerstone Eden Developments Llp 1 Shared Director
Pearl Desserts Private Limited 1 Shared Director
Urban Fields Realty Llp 1 Shared Director
Vishwa Samudra Estate And Projects Private Limited 1 Shared Director
Wmg Edge Properties Llp 1 Shared Director
Wmg Investment Advisors Llp 1 Shared Director

Financial Ratios of Cornerstone Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

9 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Cornerstone Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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Employees and EPFO Compliance at Cornerstone EPFO establishments, contributions, and headcount history. Full records unlock with your report.

1 establishment linked

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Monthly headcount PF contributions ECR filing status Establishment history

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GST Compliance of Cornerstone GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Cornerstone Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.

Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Cornerstone MSME supplier payment delays and filing history. Full amounts unlock with your report.

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Cornerstone Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

4 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Cornerstone Official MCA forms, returns, and filing index. Document access unlocks with your report.

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Cornerstone Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Cornerstone?
MCA does not publish an "owner" field. Cornerstone is run by its directors, Tirumala Rajagopala Rao, Byappanahalli Prabhakara Reddy Kumar Babu, Kumudha Kumarbabu and one other. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Cornerstone?
Cornerstone has four current directors: Tirumala Rajagopala Rao (since July 2024), Byappanahalli Prabhakara Reddy Kumar Babu (since March 2004), Kumudha Kumarbabu (since January 2005) and Tirumala Rajagopala Rao (since July 2024).
What is CIN of Cornerstone?
The CIN of Cornerstone is U07010KA2004PTC033504. Reading it left to right: U means it is not listed, 07010 is the industry code it registered under, KA is Karnataka, 2004 is the year it was registered, PTC is the company type and 033504 is its registration number.
When was Cornerstone incorporated?
Cornerstone was incorporated on 3 March 2004 with ROC Bangalore. That makes it about 22 years old.
What is the registered address of Cornerstone?
The registered office on MCA records is 583, 1St Cross, 9Th Main, Off Cmh Road 1St Stage, Indiranagar, Bengaluru, Karnataka - 560038.
What is the current status of Cornerstone?
MCA shows Cornerstone as Active, and its last AGM on record was in November 2024.
What is the contact number or email for Cornerstone?
You can post to its registered office at 583, 1St Cross, 9Th Main, Off Cmh Road 1St Stage, Indiranagar, Bengaluru, Karnataka - 560038 and use its website, https://cornerstoneindia.in.
What industry or business activity is Cornerstone associated with?
Its MCA filings list the main business as real estate activities with own or leased property (100% of turnover).
What is paid-up capital and authorised share capital of Cornerstone?
Paid-up capital is ₹22.93 crore and authorised capital is ₹25.01 crore, so about 92% of the authorised amount has been issued.
When did Cornerstone last file accounts and hold an AGM?
The last AGM on record was on 15 November 2024, and the latest balance sheet is for the year ending 31 March 2024. Nothing newer than 2024 shows up, so check the MCA portal for later filings.
Where can I see charges and lenders for Cornerstone?
19 charges against Cornerstone are still open and 14 have been satisfied.
Have any directors left Cornerstone?
Yes, three former directors are on record. The most recent to leave were Akshay Kumar Babu Reddy (July 2021), Aishwarya Reddy Kumar Babu (September 2019) and Jakka Bhakthavatsal Reddy (March 2008).
Which companies share directors with Cornerstone?
28 companies share directors with Cornerstone. Among them are Anamitra Estates And Developers Private Limited, Anamitra Warehousing Private Limited, B P K Infrastructures Private Limited and 25 more.
What is the turnover or revenue of Cornerstone?
Based on filed financial statements, the revenue of Cornerstone for FY 2023 was in the ₹50–100 Cr range. That is up 56.2% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Cornerstone?
For FY 2023, the net worth of Cornerstone was negative, in the ₹100–500 Cr range.
How can I get the financial details of Cornerstone?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
What is the official website of Cornerstone?
The website on record for Cornerstone is https://cornerstoneindia.in.
Which company owns cornerstoneindia.in?
cornerstoneindia.in is the website listed for Cornerstone Properties Private Limited in its company records.
Cornerstone - is it listed or unlisted?
Cornerstone is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Cornerstone?
Cornerstone is registered with ROC Bangalore.
What is the company classification of Cornerstone?
MCA classifies Cornerstone as: Private Limited Indian Non-Government Company.
Does Cornerstone have subsidiaries?
Yes, 4 subsidiaries are on record for Cornerstone.
Does Cornerstone have GST registrations on file?
Yes, one active GST registration is linked to Cornerstone.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.