- #1,320 Prakash Rasiklal Dhariwal & family ₹1,700 Cr

About Manikchand Promoters and Developers Private Limited
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Manikchand Promoters and Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 March 1994 and has been in existence for over 32 years.
Its director Prakash Rasiklal Dhariwal and family are #1,320 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101MH1994PTC076915. Its GSTIN is 27AACCS4651E1ZH (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹81.2 Lakh. It is led by directors Aneel Dhariwal and Prakash Rasiklal Dhariwal.
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 Manikchand House100 & 101 Behind D Kennedy Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.82 Cr (net margin 80.3%) and EBITDA of ₹10.97 Cr (EBITDA margin 99.9%). Revenue has grown at a compounded annual rate (CAGR) of 334% over five years.
Court records list 24 cases involving the company, including 9 filed by the company and 15 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manikchandgroup.com.
Company details
Recognitions & Rankings of Manikchand Promoters and Developers
Contact details
Manikchand Promoters and Developers Private Limited's registered office is in Pune, Maharashtra. Its website is manikchandgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressManikchand House100 & 101 Behind D Kennedy Road, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Manikchand Promoters and Developers 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
Financials of Manikchand Promoters and Developers Private Limited
FY 2025 filings availableManikchand Promoters and Developers Private Limited reported revenue of ₹10.98 Cr (up 175790% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 334% over five years. 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.97 Cr | ||||
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| Net Profit (PAT) | ₹8.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 99.9% | ||||
| Net Profit Margin | 80.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Manikchand Promoters and Developers Private Limited, buy the company report.
Board of directors of Manikchand Promoters and Developers Private Limited
Manikchand Promoters and Developers has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aneel Dhariwal | Director | 23 Dec 2017 | 8 Years 10 Months | Current |
| Prakash Rasiklal Dhariwal | Director | 16 Feb 1997 | 29 Years 8 Months | Current |
Peer comparison
Manikchand Promoters and Developers Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ubber Buildtech Private Limited | ₹10.99 Cr (FY 2024) | 4.0% | Chandigarh, India | |||
| Altair Infraspace Private Limited | ₹10.99 Cr (FY 2024) | 47.0% | Ahmedabad, Gujarat, India | |||
| Onerous Realtors Private Limited | ₹10.99 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Vista Spaces Ananda Private Limited | ₹10.98 Cr (FY 2024) | 56.0% | Bangalore, Karnataka, India | |||
| Bhrat Projects Private Limited | ₹10.98 Cr (FY 2025) | -73.0% | Haryana, India | |||
| Manikchand Promoters and Developers Private Limitedthis company | ₹10.98 Cr (FY 2025) | ₹8.82 Cr | 80.3% | 175790.0% | Pune, Maharashtra, India | |
| Nanma Properties Private Limited | ₹10.98 Cr (FY 2025) | -95.0% | Ernakulam, Kerala, India | |||
| Associates Infra Developers Private Limited | ₹10.98 Cr (FY 2024) | 358.0% | Sambal Pur, Odisha, India | |||
| Wave Vertica Private Limited | ₹10.97 Cr (FY 2025) | 784.0% | New Delhi, Delhi, India | |||
| Real Choice Commercials Private Limited | ₹10.97 Cr (FY 2025) | 121.0% | Mumbai, Maharashtra, India | |||
| Ideal Infrastructure Solutions Private Limited | ₹10.97 Cr (FY 2025) | 34.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Manikchand Promoters and Developers Private Limited, buy the company report.
Auditor
Manikchand Promoters and Developers Private Limited is audited by SNK & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SNK & Co | FY 2022 | 109176W |
Shareholding
The shareholding of Manikchand Promoters and Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Manikchand Promoters and Developers Private Limited, buy the company report.
Legal cases
Manikchand Promoters and Developers Private Limited has 24 court cases on record: 9 filed by Manikchand Promoters and Developers, 15 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 10 | 0 |
| Supreme Court | 6 | 3 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (CNPCP) | Filed against the company by individuals | Disposed |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed against the company by an individual | Disposed |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed against the company by Prakash Rasiklal Dhariwal S/D/W/Thru:- Rasiklal Manikchand Dhariwal Business 340, Sind Housing Co-Operative Society, Aundh ,Pune , Maharashtra | Disposed |
| Supreme Court | Court case (1003-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters arising out of orders of Company Law Board under Section 397 & 398 of Companies Act, 1956) | Filed against the company by Prakash R. Dhariwal 340, Sind Housing Co Operative Society, Aundh, , District: . ,Pune , Maharashtra | Disposed |
| Bombay High Court | Court case (APP) | Filed against the company | Disposed |
To see the full case history of Manikchand Promoters and Developers 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 Manikchand Promoters and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Manikchand Promoters and Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS4651E1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manikchand Promoters and Developers Private Limited, buy the company report.
Recent activity
Manikchand Promoters and Developers Private Limited has 7 board changes on record since 1997: 2 appointments and 5 cessations. The latest: Rajeev Purushottam Bodas ceased to be Director on 03 Sep 2025.
Frequently asked questions
Manikchand Promoters and Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 March 1994 (32+ years old) and is registered under CIN U70101MH1994PTC076915.
Manikchand Promoters and Developers has 2 current directors:
- Aneel Dhariwal - Director
- Prakash Rasiklal Dhariwal - Director
The latest financial statements of Manikchand Promoters and Developers 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 GSTIN of Manikchand Promoters and Developers is 27AACCS4651E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Manikchand Promoters and Developers is U70101MH1994PTC076915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Manikchand Promoters and Developers has 24 court cases on record: 9 filed by the company and 15 filed against it. Most are in the high courts.
Manikchand Promoters and Developers was incorporated on 03 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Manikchand Promoters and Developers by revenue are Ubber Buildtech Private Limited, Altair Infraspace Private Limited, Onerous Realtors Private Limited, Vista Spaces Ananda Private Limited, Bhrat Projects Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Rajeev Purushottam Bodas ceased to be Director on 03 Sep 2025. Vishwas Purushottam Bodas ceased to be Director on 05 Sep 2021. Aneel Dhariwal ceased to be Additional Director on 28 Sep 2018. Manikchand Promoters and Developers has 7 board changes on record in total.
Manikchand Promoters and Developers can be reached through the website manikchandgroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Manikchand Promoters and Developers is at Manikchand House100 & 101 Behind D Kennedy Road, Pune, Maharashtra, India – 411001.

