Satchmo Holdings Ltd

Know More
Stock not tradded

2.84-0.10 (-3.40%)

04:01 PM,6th Dec 2023

BSE : 533202


Sector : Infrastructure

ISIN Code : INE639K01016

  • NSE
  • BSE
  • 1D
  • 5D
  • 1M
  • 6M
  • 1Y
  • 2Y
  • 5Y
  • MAX

Last Updated: Dec 06 2023 | 04:01 PM IST

Market Cap (₹ Cr)


Turnover (₹ Cr)


Volume (Shares)

Face Value


52-WK High


52-WK High Date

Invalid date

52-WK Low


52-WK Low Date

Invalid date

All Time High


All Time High Date

13 May 2010

All Time Low


All Time Low Date

18 Oct 2019

Satchmo Holdings Ltd

Nitesh Estates Ltd is an integrated property development company headquartered in Bangalore India. The company is the real estate arm of the Nitesh Group having their presence across 4 asset classes. They develop state-of-the-art Homes Hotels Office Buildings and Shopping Malls. They undertake most of their projects through the joint-development model as compared to acquiring a freehold or leasehold interest in the land which reduces the upfront cost of land acquisition and their total project financing costs.The company has two subsidiary companies namely Nitesh Indiranagar and Nitesh Housing. They are also having a joint venture company namely Nitesh Estates-Whitefield. These three companies are engaged in the business of real estate development.Nitesh Estates Ltd was incorporated on February 20 2004 as a private limited company in Bengaluru with the name Nitesh Estate Pvt Ltd. In December 2006 Citi Property Investors acquired 74.0% stake in Nitesh Residency which is developing the Ritz- Carlton brand hotel.In the year 2007 the company completed Nitesh Wimbledon Park a premium residential project located on Race Course Road Bengaluru. Also they completed Nitesh Mayfair a premium residential project located on Lavelle Road Bengaluru.In January 2007 AMIF I Ltd an Och-Ziff Captial Management Group entity acquired 28.98% stake in the company. In May 2007 the company signed an agreement to develop India's first the Ritz-Carlton brand hotel in Bengaluru. In November 2007 they won the bid for a 8.26 acre property in the Boat Club area in the heart of Chennai.In the year 2009 the company completed Nitesh Garden Enclave (formerly referred to as Nitesh Long Island) a built-to-suit premium corporate residential project that was developed for ITC Ltd at Bellary Road Bengaluru.In September 2009 HDFC AMC pick up 10.1% stake in Nitesh Housing an SPV formed to develop projects. In October 2009 they executed MoU with Luxury Hotels International Management Company B.V. to set up a full-service luxury international hotel and luxury condominium residences under the Ritz-Carlton brand name. In October 9 2009 the name of the company was changed to Nitesh Estates Ltd. In February 12 2010 BETL acquired 1.48% of the equity share in the company.The company is developing a hospitality project in Bengaluru and a residential and an office project in Kochi. Also they are in the process of diversifying into the development of shopping malls and are expanding their geographic reach to Chennai Goa and Hyderabad. Their residential projects include multi-unit apartment buildings targeted at high-income and middle-income customers.The company is currently developing their first hospitality project 'Ritz-Carlton' brand hotel in India on Residency Road in Bengaluru. Nitesh Indiranagar a subsidiary company is currently undertaking the development of the Nitesh Mall. Nitesh Housing another subsidiary is currently undertaking the development of Nitesh Hyde Park Nitesh Columbus Square Nitesh Wimbledon Gardens (Residential and Commercial) Nitesh Fischer Island Nitesh Napa Valley - I Napa Valley II and Nitesh Malibu.

Satchmo Holdings Ltd - Key Fundamentals

Market Cap (₹ Cr)


EPS - TTM (₹) [S]


P/E Ratio (X) [S]


Face Value (₹) 10
Latest Dividend (%)2.50
Latest Dividend Date 22 Sep 2011
Dividend Yield (%) -
Book Value Share (₹) [S]-64.35
P/B Ratio (₹) [S]-0.04
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)
JM Value Fund (G) 0.56 474650 0.32
JM Value Fund - Direct (G) 0.56 474650 0.32
JM Flexicap Fund (G) 0.10 82750 0.06
JM Flexicap Fund - Direct (G) 0.10 82750 0.06

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High



Week Low/High



Month Low/High



Year Low/High



All time Low/High



Share Price Returns

1 Week-5.65%%4.114.19%
1 Month6.37%%7.237.86%
3 Month8.40%%5.736.76%
6 Month-10.69%%10.9312.57%
1 Year1.43%%11.2212.31%
3 Year53.51%%54.5157.92%

Company Info

Company Information

Chairman & Managing Director : Nitesh Shetty

Independent Director : Subramanian Ananthanarayanan

Director : Gayathri

Director (Business Developmnt) : L S Vaidyanathan

Independent Director : Kumar Nellore Gopalakrishna

Executive Director & CFO : Rajeev Khanna

Registered Office: Nitesh Timesquare 7th Floor, No 8 MG Road,Bangalore,Karnataka-560001 Ph: 91-80-40174000