India's Richest People 2026 edition · 1 director · Source: Hurun India
- #152 Kushal Narendra Desai ₹24,300 Cr
Bhakti Nilayam Private Limited
Bhakti Nilayam Private Limited - real estate and construction in Palghar, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company real estate and construction
Revenue · FY 2025
₹250
Latest filing
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Last financials
Mar 2025
Balance sheet date
Last AGM
30 Sep 2025
Annual general meeting
Company status
Active
MCA master data
About Bhakti Nilayam Private Limited
Data last updated:
Bhakti Nilayam Private Limited is a private limited company based in Palghar, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 July 2013 and has been in existence for over 13 years.
Its director Kushal Narendra Desai is #152 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2013PTC246229.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Bhakti Nilayam Realty Private Limited. It is led by directors including Kushal Narendra Desai and Atul Damodar Sankhe.
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 Gat No. 273/A – 1 Govardhan Eco Village Trust Village – Galtare Wada, Palghar, Maharashtra, India – 421303.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70100MH2013PTC246229
Registration Number 246229
Incorporation Date 26 July 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Kushal Narendra Desai Director Atul Damodar Sankhe Director Ashok Shankappa Shetty Director Recognitions & Rankings of Bhakti Nilayam
Contact details
Bhakti Nilayam Private Limited's registered office is in Palghar, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGat No. 273/A – 1 Govardhan Eco Village Trust Village – Galtare Wada, Palghar, Maharashtra, India – 421303
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bhakti Nilayam Private Limited, buy the company report.
Comprehensive company report
Bhakti Nilayam 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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Financials of Bhakti Nilayam Private Limited
FY 2025 filings availableBhakti Nilayam Private Limited reported revenue of ₹250 for FY 2025.
Revenue · FY 2025
₹250
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 90%
5 years · compounded
▼ 70%
Revenue has declined at a compounded annual rate (CAGR) of 70% 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
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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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To see the full financial statements and ratios of Bhakti Nilayam Private Limited, buy the company report.
Board of directors of Bhakti Nilayam Private Limited
Bhakti Nilayam has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kushal Narendra Desai Also directs: Kleem Ahobal LLP, Apar Industries Limited, Apar Corporation Private Limited and 5 more | Director | 25 Jan 2014 | 12 Years 9 Months | Current |
| Atul Damodar Sankhe | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
| Ashok Shankappa Shetty Also directs: Espresso Properties LLP | Director | 15 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Bhakti Nilayam 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 |
|---|---|---|---|---|---|---|
| Dugar Properties Private Limited | ₹251 (FY 2025) | 29.0% | Egmore, Chennai-8, Tamil Nadu, India | |||
| Bhakti Nilayam Private Limitedthis company | ₹250 (FY 2025) | Palghar, Maharashtra, India | ||||
| Anil Homes Pvt.Ltd. | ₹250 (FY 2024) | -100.0% | Kolkata, West Bengal, India | |||
| Paramount Buildtech Private Limited | ₹250 (FY 2024) | -100.0% | New Delhi, Delhi, India | |||
| Smit Kishore Infrastructural Links Private Limited | ₹250 (FY 2025) | Pune, Maharashtra, India | ||||
| Tale Hostel Private Limited | ₹250 (FY 2023) | -100.0% | Pune, Maharashtra, India | |||
| Sankalp Design and Engineers Private Limited | ₹250 (FY 2025) | -76.0% | Lucknow, Uttar Pradesh, India | |||
| Sunder Developers and Exhibitors Private Limited | ₹246 (FY 2024) | Ulhasnagar, Maharashtra, India | ||||
| Precious Enclave Private Limited | ₹242 (FY 2025) | -100.0% | Kolkata, West Bengal, India | |||
| Space Enclave Private Limited | ₹241 (FY 2025) | -73.0% | Indore, Madhya Pradesh, India | |||
| Rishra Estates Pvt. Ltd. | ₹240 (FY 2022) | -100.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Bhakti Nilayam Private Limited, buy the company report.
Auditor
Bhakti Nilayam Private Limited is audited by Girish S. Watwe & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Girish S. Watwe & Associates | FY 2017 | 41757 |
Shareholding
The shareholding of Bhakti Nilayam Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Bhakti Nilayam Private Limited, buy the company report.
Legal cases
Bhakti Nilayam Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Govardhan Eco Village Trust Through Its Trustees Shri.A.S.K.Anand Alias Gauranga Das | Disposed |
To see the full case history of Bhakti Nilayam 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 Bhakti Nilayam Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhakti Nilayam Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Bhakti Nilayam Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Bhakti Nilayam Private Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Sanjiv Surendraprakash Maheshwari ceased to be Director on 30 Jun 2023.
AGM
Bhakti Nilayam Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhakti Nilayam Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Sanjiv Surendraprakash Maheshwari ceased to be Director.
Ceased
Ashok Shankappa Shetty ceased to be Additional Director.
Ceased
Atul Damodar Sankhe ceased to be Additional Director.
Appointed
Ashok Shankappa Shetty was appointed as Director.
Appointed
Atul Damodar Sankhe was appointed as Director.
Ceased
Rambaboo Maheshwari ceased to be Additional Director.
Ceased
Ashok Bhawarlal Nahar ceased to be Director.
Ceased
Kushal Narendra Desai ceased to be Additional Director.
Ceased
Krishnan Mahadevan Iyer ceased to be Director.
Appointed
Kushal Narendra Desai was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Bhakti Nilayam is an active private limited company based in Palghar, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 July 2013 (13+ years old) and is registered under CIN U70100MH2013PTC246229.
Bhakti Nilayam has 3 current directors:
- Kushal Narendra Desai - Director
- Atul Damodar Sankhe - Director
- Ashok Shankappa Shetty - Director
The latest financial statements of Bhakti Nilayam 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 CIN (Corporate Identification Number) of Bhakti Nilayam is U70100MH2013PTC246229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhakti Nilayam has 1 court case on record: 1 filed against it.
Bhakti Nilayam was incorporated on 26 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Bhakti Nilayam by revenue are Dugar Properties Private Limited, Anil Homes Pvt.Ltd, Paramount Buildtech Private Limited, Smit Kishore Infrastructural Links Private Limited, Tale Hostel Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sanjiv Surendraprakash Maheshwari ceased to be Director on 30 Jun 2023. Ashok Shankappa Shetty ceased to be Additional Director on 30 Sep 2022. Atul Damodar Sankhe ceased to be Additional Director on 30 Sep 2022. Bhakti Nilayam has 10 board changes on record in total.
The registered office of Bhakti Nilayam is at Gat No. 273A – 1 Govardhan Eco Village Trust Village – Galtare Wada, Palghar, Maharashtra, India – 421303.
Bhakti Nilayam operates in the real estate and construction industry, in the real estate builders and developers segment.
The compliance status of Bhakti Nilayam is compliant as of 05 August 2026. The company is actively filing with the Registrar of Companies.
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