About Bengal Aerotropolis Projects Limited
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Bengal Aerotropolis Projects Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 12 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U35303WB2007PLC117120. Its GSTIN is 19AADCB2504L2ZQ (West Bengal). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹600 Cr and a paid-up capital of ₹491.32 Cr. It is led by directors including Utsav Parekh and Debanjan Mandal.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5 Gorky Terrace 1st Floor, Kolkata, West Bengal, India – 700017.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.68 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹12.33 Cr (net margin -11.4%) and EBITDA of ₹58.58 Cr (EBITDA margin 54.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 28% over five years.
The company has about 122 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹388.64 Cr and satisfied charges of ₹748.83 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it; 6 cases are pending. The company has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹724.68 Cr; the latest was in February 2020. The company has 16 MSME Form 1 returns on record between 2011 and 2024, listing 42 overdue payments to 26 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bengalaero.com.
Company details
Contact details
Bengal Aerotropolis Projects Limited's registered office is in Kolkata, West Bengal. Its website is bengalaero.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5 Gorky Terrace 1st Floor, Kolkata, West Bengal, India – 700017
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Bengal Aerotropolis Projects 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 Bengal Aerotropolis Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Bengal Aerotropolis Projects Limited, buy the company report.
Financials of Bengal Aerotropolis Projects Limited
FY 2025 filings availableBengal Aerotropolis Projects Limited reported revenue of ₹107.68 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 28%. EBITDA fell 21% 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 | ₹58.58 Cr | ||||
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| Net Profit (PAT) | -₹12.33 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 | 54.4% | ||||
| Net Profit Margin | -11.4% | ||||
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To see the full financial statements and ratios of Bengal Aerotropolis Projects Limited, buy the company report.
Board of directors of Bengal Aerotropolis Projects Limited
Bengal Aerotropolis Projects has 9 current directors and 39 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Utsav Parekh | Director | 12 Jul 2007 | 19 Years 3 Months | Current |
| Debanjan Mandal Also directs: Spencer's Retail Limited, Indian Chamber of Commerce Calcutta, Fox & Mandal LLP and 5 more | Director | 17 Nov 2021 | 4 Years 11 Months | Current |
| Oh Gim Guan | Nominee Director | 29 Jan 2021 | 5 Years 8 Months | Current |
| Tan Ee | Nominee Director | 26 Sep 2022 | 4 Years 1 Months | Current |
| Vandana Yadav Also directs: Nicco Parks & Resorts Ltd., West Bengal State Beverages Corporation Limited, Greater Calcutta Gas Supply Corpn Ltd and 4 more | Nominee Director | 28 Nov 2017 | 8 Years 11 Months | Current |
| Prabhat Kumar Mishra | Nominee Director | 04 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Bengal Aerotropolis Projects Limited is audited by MSKA & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Bengal Aerotropolis Projects 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bengal Aerotropolis Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 May 2025 | 101103393 | Others | ₹16.45 Lakh | Open | |
| 23 Apr 2025 | 101091397 | Others | ₹12.42 Cr | Open | |
| 31 Mar 2022 | 100564957 | Others | ₹2.9 Cr | Open | |
| 28 Feb 2022 | 100562068 | Others | ₹25.5 Lakh | Open | |
| 21 Dec 2021 | 100516067 | Others | ₹4.5 Cr | Open |
To see the full charge records of Bengal Aerotropolis Projects Limited, buy the company report.
Total charge records: 46 View all charges
Deals & funding
Bengal Aerotropolis Projects Limited has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹724.68 Cr; the latest was in February 2020.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Nexome Realty LLP Seller: Progressive Star Finance Private Limited |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Progressive Star Finance Private Limited Seller: Merlin Securities Pvt Ltd |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Geeta Holdings & Consultants Pvt. Ltd. Seller: Merlin Securities Pvt Ltd |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Merlin Securities Pvt Ltd Seller: Lend Lease Company (India) Limited |
| Mar 2017 | Funding round | ₹129.5 Cr | Investors: West Bengal Industrial Development Corporation Limited, Merlin Securities Pvt Ltd , Citystar Infrastructures Limited , an individual |
To see the full deal history of Bengal Aerotropolis Projects 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
Bengal Aerotropolis Projects Limited has 15 court cases on record: 10 filed by Bengal Aerotropolis Projects, 5 filed against it. 6 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 3 | 5 |
| High courts | 5 | 1 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1807-Ordinary Civil Matters : Others) | Filed against the company by Citystar Infrastructures Ltd. . Director 5, Gorky Terrace Second Floor , District: Kolkata ,Kolkata , West Bengal | Disposed |
| High Court | Court case (APO) | Filed against the company by In the Matter of : Pragati 47 Development Ltd and in the Mat | Disposed |
| District court, Paschim Bardhaman, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Paschim Bardhaman, West Bengal | Court case (Mjc) | Filed by the company against an individual | Pending |
| District court, Paschim Bardhaman, West Bengal | Court case (Mjc) | Filed by the company against individuals | Pending |
To see the full case history of Bengal Aerotropolis Projects 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
Bengal Aerotropolis Projects Limited was last rated by Care on 01 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Jul 2021 |
To see the full credit ratings and regulatory alerts of Bengal Aerotropolis Projects Limited, buy the company report.
MSME payment delays
Bengal Aerotropolis Projects Limited has 16 MSME Form 1 returns on record between 2011 and 2024, listing 42 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ananya Enterprise | |||
| Qualissure Laboratory Services | |||
| Durgapur Safety Gears Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Bengal Aerotropolis Projects Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Bengal Aerotropolis Projects has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Bengal Aerotropolis Projects Limited has a workforce of 122 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Bengal Aerotropolis Projects has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCB2504L2ZQ | West Bengal | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Bengal Aerotropolis Projects Limited, buy the company report.
Recent activity
Bengal Aerotropolis Projects Limited has 44 board changes on record since 2007: 11 appointments and 33 cessations. The latest: Prabhat Kumar Mishra was appointed as Nominee Director on 04 Oct 2024.
124 earlier events are in the company report.
Frequently asked questions
Bengal Aerotropolis Projects is an active public limited company based in Kolkata, West Bengal, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 12 July 2007 (19+ years old) and is registered under CIN U35303WB2007PLC117120.
Bengal Aerotropolis Projects has 9 current directors:
- Utsav Parekh - Director
- Debanjan Mandal - Director
- Oh Gim Guan - Nominee Director
- Tan Ee - Nominee Director
- Vandana Yadav - Nominee Director
- Prabhat Kumar Mishra - Nominee Director
- Eugene Gan - Nominee Director
- Manoj Pant - Nominee Director
- Ram Ratan Modi - Director
The latest financial statements of Bengal Aerotropolis Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Bengal Aerotropolis Projects is 19AADCB2504L2ZQ, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Bengal Aerotropolis Projects is U35303WB2007PLC117120. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bengal Aerotropolis Projects has 15 court cases on record: 10 filed by the company and 5 filed against it. 6 are pending. Most are in the district courts.
Bengal Aerotropolis Projects was incorporated on 12 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Kolkata.
Bengal Aerotropolis Projects has 17 deals on record (9 secondary share transfers, 7 funding rounds, 1 rights issue), with disclosed funding of ₹724.68 Cr; the latest was in February 2020.
Prabhat Kumar Mishra was appointed as Nominee Director on 04 Oct 2024. Bhagwati Prasad Gopalika ceased to be Additional Director on 31 Aug 2024. Oh Gim Guan ceased to be Additional Director on 25 Sep 2023. Bengal Aerotropolis Projects has 44 board changes on record in total.
Bengal Aerotropolis Projects has 16 MSME Form 1 returns on record between 2011 and 2024, listing 42 overdue payments to 26 micro and small suppliers. The latest return was filed on 22 Apr 2024.
Bengal Aerotropolis Projects can be reached through the website bengalaero.com. Its registered office is in Kolkata, West Bengal, India.