About Piramal
Piramal is a company based in Mumbai (India) founded in 2015, and was acquired by Piramal Capital & Housing Finance in December 2022. Real estate projects are developed by Piramal in Mumbai, India. The company has 4 employees. Its Indian entity Piramal Agastya Offices Private Limited reported revenue of ₹107 Cr.
Company details
Piramal was established in 2015 as a real estate development company headquartered in Mumbai, India. Operations are centered on residential and commercial property development within the Indian market. Services include project planning, construction management, and sales facilitation for urban real estate initiatives. The companys domain, piramalagastya.com, supports online information on ongoing and completed projects. Focus remains on sustainable development practices in key metropolitan areas.
- Headquarters Mumbai, India
- Employees 4
- Stage Acquired
- Email••••••••
- Phone•••• ••••
- Website piramalagastya.com
- Acquired by Piramal Capital & Housing Finance (Dec 2022)
- Legal Name Piramal Agastya Offices Private Limited
- Date of Incorporation 20 Nov, 2006
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹107 Cr
FY 2025 · +3% YoY
- Net Loss-₹7.53 Cr
FY 2025 · -7% margin
- EBITDA₹79.11 Cr
FY 2025 · 74% margin
- Investors
- Employee Count4
- Acquired byPiramal Capital & Housing Finance
(Dec 2022)
Associated legal entities of Piramal
Piramal operates through Piramal Agastya Offices Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Piramal Agastya Offices Private Limited CIN U45201MH2006PTC165659 | Active | 20 Nov 2006 | Mumbai, Maharashtra | ₹107 Cr | 4 | 4 | View details |
Investors in Piramal
Piramal has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Piramal Finance.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Various consumer, housing, and business loans are offered. | 1984 | piramalfinance.com | Mumbai, India |
Investor details for Piramal
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Board of directors of Piramal Agastya Offices Private Limited (Piramal)
Piramal Agastya Offices Private Limited is the primary company behind Piramal. The board of Piramal Agastya Offices Private Limited currently have 2 directors; the longest-serving is Sunit Madan, appointed in 2022. 22 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunit Madan DIN 06441957 | Director | 13 Dec 2022 | 3 yrs 10 mo | Piramal Agastya Offices Private Limited |
| Jagdeep Mallareddy DIN 07492539 | Director | 13 Dec 2022 | 3 yrs 10 mo | Piramal Agastya Offices Private Limited |
Financials of Piramal
Figures of Piramal Agastya Offices Private Limited, the primary company behind Piramal, for FY 2025. Revenue was ₹107 Cr (+3% year on year). Net loss was -₹7.53 Cr (-7% margin). EBITDA was ₹79.11 Cr (74% margin). Revenue has grown at a compounded annual rate of +51% over three years and +32% over five years.
- ₹107 CrRevenue · FY 2025 · +3% YoY
- -₹7.53 CrNet loss · -7% margin
- ₹79.11 CrEBITDA · 74% margin
- ₹32.49 CrPaid-up capital
- 4Employees (provident fund records)
- +51%Revenue CAGR, 3 years
- +32%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Piramal Agastya Offices Private Limited are on its company page.
Detailed financial statements for Piramal
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Timeline of Piramal
2 dated milestones of Piramal across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Piramal is founded.
- Exit Acquired by Piramal Capital & Housing Finance.
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Frequently Asked Questions about Piramal
Piramal was founded in 2015.
Piramal is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Piramal has 4 employees.
The primary company behind Piramal, Piramal Agastya Offices Private Limited, reported revenue of ₹107 Cr for FY 2025, up 3% year on year.
Piramal was established in 2015 as a real estate development company headquartered in Mumbai, India. Operations are centered on residential and commercial property development within the Indian market. Services include project planning, construction management, and sales facilitation for urban real estate initiatives. The companys domain, piramalagastya.com, supports online information on ongoing and completed projects. Focus remains on sustainable development practices in key metropolitan areas.
Piramal has 1 investor. Key investors include Piramal Finance.
Piramal operates through Piramal Agastya Offices Private Limited.
Yes. Piramal was acquired by Piramal Capital & Housing Finance in December 2022.
The legal entities of Piramal currently have 4 directors, including Sunit Madan, Jagdeep Mallareddy, Suruchi Periwal and others.