MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0162346
Bakeri Projects Private Limited - real estate and construction in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.3 Cr
▲ 27% YoY
Net profit · FY 2025
₹12.82 Cr
Net margin 16%
EBITDA · FY 2025
₹26.95 Cr
EBITDA margin 33.6%
Authorised capital
₹17.83 Cr
Registered with MCA
Paid-up capital
₹15.25 Cr
Issued & subscribed
Open charges
₹367.72 Cr
Satisfied ₹265.96 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
54
Provident fund records
About Bakeri Projects Private Limited
Data last updated:
Bakeri Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U50100GJ2015PTC082128. Its GSTIN is 24AAGCB1864L1ZK (Gujarat).
The company has an authorised share capital of ₹17.83 Cr and a paid-up capital of ₹15.25 Cr. It is led by directors including Asit Natvarlal Somani and Pavan Anil Bakeri.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.3 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹12.82 Cr (net margin 16%) and EBITDA of ₹26.95 Cr (EBITDA margin 33.6%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 16% over five years.
The company has about 54 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Bakeri Group. As per MCA filings, the company has open charges of ₹367.72 Cr and satisfied charges of ₹265.96 Cr on record. Court records list 11 cases involving the company, including 4 filed by the company and 7 filed against it; 4 cases are pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹180.22 Cr; the latest was in April 2022.
Bakeri Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0162346). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bakeri.com.
Company details
CIN U50100GJ2015PTC082128
Registration Number 082128
Incorporation Date 03 February 2015
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0162346
CIN history
Bakeri Projects has one previous CIN (Corporate Identification Number): U45203GJ2015PTC082128. The current CIN is U50100GJ2015PTC082128, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50100GJ2015PTC082128 | Current |
| U45203GJ2015PTC082128 | Previous |
Recognitions & Rankings of Bakeri Projects
Contact details
Bakeri Projects Private Limited's registered office is in Ahmedabad, Gujarat. Its website is bakeri.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSanskrut 4th Floor, Nr. Old High Court Road Navrangpura Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bakeri Projects Private Limited, buy the company report.
Comprehensive company report
Bakeri Projects Private Limited - one report that includes everything
- 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
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Brands
Bakeri Projects operates one associated brand: Bakeri Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops residential flats, commercial spaces, and plotted developments in India. | bakeri.com |
Business activity
The main business activity of Bakeri Projects is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Bakeri Projects Private Limited, buy the company report.
Financials of Bakeri Projects Private Limited
FY 2025 filings availableBakeri Projects Private Limited reported revenue of ₹80.3 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹80.3 Cr ▲ 27%
Net profit · FY 2025
₹12.82 Cr margin 16%
EBITDA · FY 2025
₹26.95 Cr margin 33.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▼ 19%
5 years · compounded
▼ 16%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 27%
5 years · compounded
▼ 20%
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 2% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹26.95 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹12.82 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.6% | ||||
| Net Profit Margin | 16% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bakeri Projects Private Limited, buy the company report.
Board of directors of Bakeri Projects Private Limited
Bakeri Projects has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asit Natvarlal Somani Also directs: Sakar Engineering and Infra LLP, Merushikhar Infra LLP, Tridhya Corporate LLP and 5 more | Director | 05 Feb 2015 | 11 Years 8 Months | Current |
| Pavan Anil Bakeri | Director | 03 Feb 2015 | 11 Years 8 Months | Current |
| Nishad Jitendra Shah | Director | 01 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Bakeri Projects Private Limited is audited by Shah & Dalal for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah & Dalal | FY 2022 | 109432W |
Shareholding
The shareholding of Bakeri Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bakeri Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹367.72 Cr
Satisfied charges
₹265.96 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2026 | 101231635 | Others | ₹19 Cr | Open | |
| 28 Jun 2024 | 100956916 | Others | ₹43.75 Cr | Open | |
| 03 Feb 2024 | 100875432 | Others | ₹100 Cr | Open | |
| 06 Oct 2023 | 100807453 | Axis Bank Limited | ₹15 Cr | Open | |
| 16 Feb 2023 | 100684907 | The Kalupur Commercial Co-Operative Bank Limited | ₹65.07 Cr | Open |
To see the full charge records of Bakeri Projects Private Limited, buy the company report.
Total charge records: 24 View all charges
Deals & funding
Bakeri Projects Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹180.22 Cr; the latest was in April 2022.
Total deals
5
Funding rounds
3
Secondary share transfers
2
Disclosed funding
₹180.22 Cr
Deals on record (2 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Anil Bakeri Family Trust Seller: an individual |
To see the full deal history of Bakeri Projects Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Bakeri Projects Private Limited has 11 court cases on record: 4 filed by Bakeri Projects, 7 filed against it. 4 cases are pending and 7 are disposed.
Total cases
11
Filed by the company
4
Filed against the company
7
Pending
4
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 2 |
| District courts | 4 | 3 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by The Principal Commissioner of Income Tax-1, Ahmedabad | Pending |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by The Principle Commissioner of Income Tax-1 Ahmedabad | Pending |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Court case (SPCS) | Filed against the company by an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
To see the full case history of Bakeri Projects 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.
Credit ratings & regulatory alerts
Bakeri Projects Private Limited was last rated by Brickwork on 15 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 15 Nov 2021 |
To see the full credit ratings and regulatory alerts of Bakeri Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bakeri Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Bakeri Projects has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Bakeri Urban Development Private Limited | U70100GJ1996PTC030783 |
To see the full group structure of Bakeri Projects Private Limited, buy the company report.
Employees & EPFO
Bakeri Projects Private Limited has a workforce of 54 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
54
Active EPFO establishments
1
Employee growth
-5.26%
GST
Bakeri Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCB1864L1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bakeri Projects Private Limited, buy the company report.
Recent activity
Bakeri Projects Private Limited has 8 board changes on record since 2015: 3 appointments and 5 cessations. The latest: Nishad Jitendra Shah ceased to be Additional Director on 26 Sep 2025.
Charges
A charge with Others amounted to Rs. 19.00 Cr with Charge ID 101231635 was registered on 09 Jan 2026.
Charges
A charge registered on 20 Jul 2017 via Charge ID 100114140 with Others was fully satisfied on 26 Nov 2025.
Charges
A charge registered on 07 Apr 2023 via Charge ID 100713534 with Others was fully satisfied on 22 Nov 2025.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Limited of Rs. 75.00 Cr registered on 01 May 2008 with Charge ID 10102699 was modified on 14 Nov 2025.
AGM
Bakeri Projects Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Nishad Jitendra Shah ceased to be Additional Director.
Appointed
Nishad Jitendra Shah was appointed as Director.
Charges
A charge registered on 09 Dec 2021 via Charge ID 100514782 with State Bank Of India was fully satisfied on 21 Apr 2025.
Charges
A charge registered on 26 Feb 2021 via Charge ID 100430105 with State Bank Of India was fully satisfied on 21 Apr 2025.
Charges
A charge registered on 27 Mar 2017 via Charge ID 100089770 with State Bank Of India was fully satisfied on 21 Apr 2025.
Filing
Bakeri Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 43.75 Cr with Charge ID 100956916 was registered on 28 Jun 2024.
42 earlier events are in the company report.
Frequently asked questions
Bakeri Projects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 February 2015 (11+ years old) and is registered under CIN U50100GJ2015PTC082128.
Bakeri Projects has 3 current directors:
- Asit Natvarlal Somani - Director
- Pavan Anil Bakeri - Director
- Nishad Jitendra Shah - Director
The latest financial statements of Bakeri Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bakeri Projects is 24AAGCB1864L1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Bakeri Projects is U50100GJ2015PTC082128. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bakeri Projects has 11 court cases on record: 4 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
Bakeri Projects was incorporated on 03 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bakeri Projects has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹180.22 Cr; the latest was in April 2022.
Nishad Jitendra Shah ceased to be Additional Director on 26 Sep 2025. Nishad Jitendra Shah was appointed as Director on 01 Jul 2025. Anil Ratilal Bakeri ceased to be Director on 16 Jan 2024. Bakeri Projects has 8 board changes on record in total.
Yes, Bakeri Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0162346).