Basal Projects Limited
About Basal Projects Limited
Data last updated:
Basal Projects Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 01 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2021PLC153854. Its GSTIN is 29AAKCB2732M1ZB (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Basal Projects Private Limited. It is led by directors including Maria Rajesh and Rajesh Narayanan Kaimal.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14th Floor Pinnacle Tower Embassy One 8 Bellary Road Ganganagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.02 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹68.71 Cr and EBITDA of ₹55,280 (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years.
As per MCA filings, the company has open charges of ₹349.08 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2022. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is Salasar Towers Private Limited with revenue of ₹8.03 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Basal Projects has one previous CIN (Corporate Identification Number): U70109KA2021PTC153854. The current CIN is U70109KA2021PLC153854, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70109KA2021PLC153854 | Current |
| U70109KA2021PTC153854 | Previous |
Contact details
Basal Projects Limited's registered office is in Bangalore, Karnataka.
- Registered Address14th Floor Pinnacle Tower Embassy One 8 Bellary Road Ganganagar, Bangalore, Karnataka, India – 560032
- IndustryInfrastructure and Utilities, General Construction Services
- 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 Basal Projects Limited
FY 2025 filings availableBasal Projects Limited reported revenue of ₹8.02 Lakh (down 100% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 72% over three years. EBITDA fell 100% 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 |
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| EBITDA | ₹55,280 | |||
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| Net Profit (PAT) | -₹68.71 Cr | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 6.9% | |||
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To see the full financial statements and ratios of Basal Projects Limited, buy the company report.
Board of directors of Basal Projects Limited
Basal Projects has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maria Rajesh Also directs: Embassy One Developers Limited, Reque Developers Limited, Bellanza Developers Private Limited and 5 more | Director | 31 Mar 2025 | 1 Years 6 Months | Current |
| Rajesh Narayanan Kaimal Also directs: Saltire Estate and Resorts LLP, Alara Properties LLP, Embassy Developments Limited and 5 more | Director | 01 Nov 2021 | 4 Years 11 Months | Current |
| Manjiri Shrikant Inamdar Also directs: Embassy One Commercial Property Developments Limited, Embassy Infra Developers Limited, Ardor Projects Limited and 4 more | Director | 31 Mar 2025 | 1 Years 6 Months | Current |
Peer comparison
Basal Projects 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 |
|---|---|---|---|---|---|---|
| Salasar Towers Private Limited | ₹8.03 Lakh (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Ryan Constructions Private Limited | ₹8.03 Lakh (FY 2024) | -97.0% | New Delhi, Delhi, India | |||
| Ponmani Constructions Private Limited | ₹8.03 Lakh (FY 2020) | -88.0% | Madurai, Tamil Nadu, India | |||
| Supertech Infraproject Private Limited | ₹8.02 Lakh (FY 2016) | -94.0% | Surat, Gujarat, India | |||
| Tirupati Nirman Private Limited | ₹8.02 Lakh (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Basal Projects Limitedthis company | ₹8.02 Lakh (FY 2025) | -₹68.71 Cr | -100.0% | Bangalore, Karnataka, India | ||
| East Asia Developers Private Limited | ₹8.02 Lakh (FY 2020) | 2.0% | New Delhi, Delhi, India | |||
| Creative Builtech Private Limited | ₹8.02 Lakh (FY 2025) | -54.0% | Khurda, Odisha, India | |||
| Ambika Trading and Costruction Company Private Ltd. | ₹8.02 Lakh (FY 2023) | -87.0% | New Delhi, Delhi, India | |||
| S.B. Ventures Infra Private Limited | ₹8.02 Lakh (FY 2025) | 11.0% | Rajahmundry, Andhra Pradesh, India | |||
| Cuculu International Private Limited | ₹8.02 Lakh (FY 2024) | 43.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Basal Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2022 | 100569927 | Others | ₹349.08 Cr | Open |
To see the full charge records of Basal Projects Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Basal Projects Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Vigor Developments Limited Seller: Embassy Property Developers Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Basal Projects Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Basal Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Basal Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAKCB2732M1ZB | Karnataka | Active | 18 Mar 2022 |
To see the full GST registrations and return filing status of Basal Projects Limited, buy the company report.
Recent activity
Basal Projects Limited has 7 board changes on record since 2021: 3 appointments and 4 cessations. The latest: Manjiri Shrikant Inamdar ceased to be Additional Director on 25 Sep 2025.
Frequently asked questions
Basal Projects is an active public limited company based in Bangalore, Karnataka, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 01 November 2021 (5+ years old) and is registered under CIN U70109KA2021PLC153854.
Basal Projects has 3 current directors:
- Maria Rajesh - Director
- Rajesh Narayanan Kaimal - Director
- Manjiri Shrikant Inamdar - Director
The latest financial statements of Basal Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Basal Projects is 29AAKCB2732M1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Basal Projects is U70109KA2021PLC153854. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Basal Projects was incorporated on 01 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Basal Projects has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
The peers of Basal Projects by revenue are Salasar Towers Private Limited, Ryan Constructions Private Limited, Ponmani Constructions Private Limited, Supertech Infraproject Private Limited, Tirupati Nirman Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Manjiri Shrikant Inamdar ceased to be Additional Director on 25 Sep 2025. Maria . Rajesh ceased to be Additional Director on 25 Sep 2025. Manjiri Shrikant Inamdar was appointed as Director on 31 Mar 2025. Basal Projects has 7 board changes on record in total.
The registered office of Basal Projects is at 14th Floor Pinnacle Tower Embassy One 8 Bellary Road Ganganagar, Bangalore, Karnataka, India – 560032.
Basal Projects operates in the infrastructure and utilities industry, in the general construction services segment.