Bandekar Properties Private Limited
About Bandekar Properties Private Limited
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Bandekar Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 22 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1988PTC046635.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.02 Lakh. It is led by directors Devdas Kashinath Bandekar and Maithili Devdas Bandekar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 82 Badrikeshwar Patan Jain Mandal Road Off. Netaji Subhash Road Marine Drive, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.89 Lakh, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹86,889 (net margin 45.9%) and EBITDA of ₹86,889 (EBITDA margin 45.9%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 38% over five years.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bandekar Properties Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address82 Badrikeshwar Patan Jain Mandal Road Off. Netaji Subhash Road Marine Drive, Mumbai, Maharashtra, India – 400002
- IndustryReal Estate, Real Estate Leasing
To see the full contact details of Bandekar Properties Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Bandekar Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Bandekar Properties Private Limited, buy the company report.
Financials of Bandekar Properties Private Limited
FY 2025 filings availableBandekar Properties Private Limited reported revenue of ₹1.89 Lakh (up 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 28% growth in the latest year. EBITDA rose 65% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹86,889 | ||||
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| Net Profit (PAT) | ₹86,889 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 45.9% | ||||
| Net Profit Margin | 45.9% | ||||
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To see the full financial statements and ratios of Bandekar Properties Private Limited, buy the company report.
Board of directors of Bandekar Properties Private Limited
Bandekar Properties has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devdas Kashinath Bandekar Also directs: Sine Fine Advertising Pvt Ltd | Director | 22 Mar 1988 | 38 Years 7 Months | Current |
| Maithili Devdas Bandekar Also directs: Sine Fine Advertising Pvt Ltd | Director | 22 Mar 1988 | 38 Years 7 Months | Current |
Peer comparison
Bandekar Properties Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Direct Source Retail Services Private Limited | ₹1.91 Lakh (FY 2025) | 7.0% | Mumbai, Maharashtra, India | |||
| Dhiru Builders and Promoters Private Limited | ₹1.91 Lakh (FY 2025) | -54.0% | New Delhi, Delhi, India | |||
| Vivek Constructions Pvt Ltd | ₹1.9 Lakh (FY 2025) | 217.0% | Pune, Maharashtra, India | |||
| Ahalya Eco Habitats Private Limited | ₹1.9 Lakh (FY 2025) | 138.0% | Bangalore, Karnataka, India | |||
| Turfs N Pillars Real Estate Consultancy (OPC) Private Limited | ₹1.9 Lakh (FY 2025) | Greater Noida, Uttar Pradesh, India | ||||
| Bandekar Properties Private Limitedthis company | ₹1.89 Lakh (FY 2024) | ₹86,889 | 45.9% | 28.0% | Mumbai, Maharashtra, India | |
| Rishabh Realmart Private Limited | ₹1.89 Lakh (FY 2025) | Bhilwara, Rajasthan, India | ||||
| Hindustan Investment Corporation Pvt Ltd | ₹1.89 Lakh (FY 2025) | -4.0% | Nagaur, Rajasthan, India | |||
| Pro Trading and Infra Services Private Limited | ₹1.89 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Satellite Buildwel Private Limited | ₹1.88 Lakh (FY 2025) | -61.0% | New Delhi, Delhi, India | |||
| WML Machinery Limited | ₹1.88 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bandekar Properties Private Limited, buy the company report.
Auditor
Bandekar Properties Private Limited is audited by JIGNESH SHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNESH SHAH | FY 2017 | 117121 |
Shareholding
The shareholding of Bandekar Properties Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bandekar Properties Private Limited, buy the company report.
Legal cases
Bandekar Properties Private Limited has 2 court cases on record: 2 filed by Bandekar Properties. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (RAER) | Filed by the company against individuals | Disposed |
| Bombay High Court | Company petition | Filed by the company against The Registrar of Companies, Mumbai | Disposed |
To see the full case history of Bandekar Properties Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bandekar Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Bandekar Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bandekar Properties Private Limited has 2 board changes on record since 1988: 2 appointments. The latest: Devdas Kashinath Bandekar was appointed as Director on 22 Mar 1988.
Frequently asked questions
Bandekar Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 22 March 1988 (38+ years old) and is registered under CIN U70100MH1988PTC046635.
Bandekar Properties has 2 current directors:
- Devdas Kashinath Bandekar - Director
- Maithili Devdas Bandekar - Director
The latest financial statements of Bandekar Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Bandekar Properties is U70100MH1988PTC046635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bandekar Properties has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Bandekar Properties was incorporated on 22 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bandekar Properties by revenue are Direct Source Retail Services Private Limited, Dhiru Builders and Promoters Private Limited, Vivek Constructions Pvt Ltd, Ahalya Eco Habitats Private Limited, Turfs N Pillars Real Estate Consultancy (OPC) Private Limited and 5 more, all in the same principal business activity (real estate activities).
Devdas Kashinath Bandekar was appointed as Director on 22 Mar 1988. Maithili Devdas Bandekar was appointed as Director on 22 Mar 1988.
The registered office of Bandekar Properties is at 82 Badrikeshwar Patan Jain Mandal Road Off. Netaji Subhash Road Marine Drive, Mumbai, Maharashtra, India – 400002.
Bandekar Properties operates in the real estate industry, in the real estate leasing segment.
The compliance status of Bandekar Properties is compliant as of 15 July 2026. The company is actively filing with the Registrar of Companies.
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