COMPANY INTELLIGENCE PROFILE
Everstrat Property Management Private Limited (formerly Strata Property Management Private Limited)
Everstrat/Strata operates a fractional/co-ownership commercial real-estate investment platform (strataprop.com) that lets retail and HNI investors buy shares in Grade-A commercial properties (office, warehousing, retail) with minimum tickets from ~₹25 lakh, targeting 14–16% IRR.
Everstrat Property Management Private Limited, formerly Strata, is an Indian company, established on March 6, 2019. It operates a fractional real-estate investment platform allowing investors to co-own commercial properties with a focus on Grade-A assets. The company reports managing approximately ₹3,000 crore in assets. It has raised over $8 million in funding. Financially, it shows diverse performance with rising total assets but declining net worth. A legal case involves construction disputes.
AI-generated, may contain errors.
Business Overview
- Everstrat/Strata operates a fractional/co-ownership commercial real-estate investment platform (strataprop.com) that lets retail and HNI investors buy shares in Grade-A commercial properties, office, warehousing, retail, with minimum tickets from ~₹25 lakh, targeting 14–16% IRR.
- Product suite: Strata FIP, Strata Edge, Strata Growth.
- Company site claims ~₹3,000 crore AUM, 100,000+ registered users, and 4.5+ million sq ft of managed real estate
- It is positioned as RERA-registered. Founders: Sudarshan Lodha, Co-founder & CEO, and Priyanka Rathore, Co-founder & COO
- Other leadership named on site: Nihar Shah, Head of Investments, Smruthi Manchi (Head of Legal). Source: official site strataprop.com, self-reported figures — not independently audited/confirmed.
Sector & Classification
Real Estate and Renting; "Service income and other professional, scientific and technical activities" (NIC code area M9 per TheCompanyCheck) — sector partial/approximate
Directors & Key Management
Directors — source notes
1. Priyanka Rathore — DIN 08381840, Director/Shareholder since incorporation (6 Mar 2019), ~7-year tenure. 2. Sudarshan Lodha — DIN 05267391, Director/Shareholder since incorporation (6 Mar 2019), ~7-year tenure. Both confirmed by two independent sources (Tofler, TheCompanyCheck) as the only two directors on record; no other directors/DINs found. Confidence: confirmed (≥2 sources agree).
GST Registrations
Not obtained — could not independently verify a specific GSTIN via a reliable per-GSTIN source (knowyourgst/findgst/mastersindia lookups by guessed GSTIN/PAN returned no data or 404). Inference only (not confirmed): given RoC Tamil Nadu and registered address in Chennai, home state is likely Tamil Nadu (state code 33) and PAN is AABCY0996R, but the GSTIN itself, registration date, and count of state registrations are not obtained. Do not publish a specific GSTIN without direct confirmation.
Financials
Everstrat Property Management reported a revenue range of ₹1 crore, ₹100 crore for FY ending March 2024. It achieved an operating margin of 30.72% and a net profit margin of 27.14%, but saw Return on Equity at −24.3%. Net worth fell by 41.14% while borrowings grew 12.81%. Total assets rose 49.9% with a debt-to-equity ratio of 0.29.
AI-generated, may contain errors.
| FY ending 31 March 2024, source | Tofler, standalone, MCA-filing derived — single-source, treat as partial/confirmed-single-source: Revenue band ₹1 crore–₹100 crore, exact figure not disclosed by source |
| Operating margin | 30.72% |
| Net profit margin | 27.14% |
| Return on Equity −24.3% | |
| ROCE −30.65% | |
| Net worth decreased | 41.14% YoY |
| Borrowings increased | 12.81% YoY |
| Total assets increased | 49.9% YoY |
| Debt-to-equity ratio | 0.29. No independent second source corroborated the exact percentages, so treat as partial. EBITDA/PAT absolute values not obtained. |
Funding History
- Company's own website (strataprop.com) states Strata has "raised over $8 million in funding" from unnamed Indian VC/PE investors, logos shown but not machine-readable/named in fetched content.
- No round names, dates, or specific investor names could be confirmed from Tracxn, page not accessible, or from Entrackr/Inc42 search, no matching articles found in this session.
- Status: partial — total quantum reported by the company itself
- Round-level detail not obtained.
Loans & Charges
- Source: Tofler. HDFC Bank Limited holds 6 charges/loans against the company totaling ₹1.2 crore, created/modified between July 2022 and June 2024. No other charge-holders identified. Status: confirmed, single detailed source, MCA-filing derived.
Legal & Compliance
| Source | Indian Kanoon. |
| Madras High Court civil suit, Case No. | |
| 594 of 2023 | Avigna Private Limited (plaintiff) vs. |
| Evernest Gains Properties Private Limited and Strata Property Management Private Limited (defendants), concerning disputes over Construction Agreements dated 23.08.2020 and 24.08.2021. | |
| Matter reserved for judgment | 23 Jan 2024 |
| Judgment delivered | 5 June 2024., Outcome/verdict text not extracted — only case metadata confirmed., No other litigation found. |
Competitive Landscape
- Based on general knowledge of the Indian fractional/co-ownership commercial real estate space, not confirmed from a source fetched in this session — flagged as such: PropertyShare, larger, well-funded, similar Grade-A commercial CRE fractional ownership model, hBits, SEBI-regulated SM REIT-track peer, Assetmonk, smaller, broader asset mix incl. residential/land, Myre Capital, similar-scale commercial fractional platform, WiseX, similar-scale fractional CRE platform, RealX, blockchain-tokenized fractional real estate, smaller/earlier stage.
- Strata (via Everstrat) is generally regarded as one of the larger/more established players in this segment given its ~₹3,000 cr claimed AUM, comparable to or ahead of most of the above on scale, though below PropertyShare's reported scale.
- Treat all peer positioning as approximate market-knowledge, not source-verified.
Frequently Asked Questions
What does Everstrat Property Management Private Limited do?
Everstrat operates a fractional/co-ownership commercial real-estate investment platform, allowing retail and HNI investors to purchase shares in Grade-A commercial properties such as office, warehousing, and retail spaces. The company targets an Internal Rate of Return (IRR) of 14-16% for its investors.
What is the Corporate Identification Number (CIN) of Everstrat Property Management Private Limited?
The Corporate Identification Number (CIN) of Everstrat Property Management Private Limited is U70200TN2019PTC127873.
When was Everstrat Property Management Private Limited incorporated?
Everstrat Property Management Private Limited was incorporated on 6 March 2019.
Where is the registered office of Everstrat Property Management Private Limited located?
The registered office of Everstrat Property Management Private Limited is located at No. 2, Gopal Menon Street, Near Doveton Play Ground, Chennai, Tamil Nadu, India, 600112.
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.