Bhandara Online Limited
About Bhandara Online Limited
Data last updated:
Bhandara Online Limited was a public limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 March 2012.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2012PLC142753. Its GSTIN is 27AAECB9647D1ZK (Maharashtra).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as S2 Life Care Limited and Bhandara Online Private Limited. It was led by directors including Anant Narayanrao Raghute and Rahul Annasaheb Dhokchoule.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 504 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.35 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 83%) and EBITDA of ₹1.12 Lakh (EBITDA margin 83%). Revenue has declined at a compounded annual rate (CAGR) of 23% over five years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
Company details
Name history
Bhandara Online has undergone 4 name changes throughout its history. The current legal name is Bhandara Online Limited.
| Company Name | Status |
|---|---|
| Bhandara Online Limited | Current |
| S2 Life Care Limited | Previous |
| Bhandara Online Private Limited | Previous |
| Avs Lifecare International Limited | Previous |
| S2 Care International Limited | Previous |
CIN history
Bhandara Online has one previous CIN (Corporate Identification Number): U72900PN2012PTC142753. The current CIN is U72900PN2012PLC142753, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900PN2012PLC142753 | Current |
| U72900PN2012PTC142753 | Previous |
Contact details
Bhandara Online Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address504 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Bhandara Online 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 Bhandara Online is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Bhandara Online Limited
FY 2023 filings availableBhandara Online Limited reported revenue of ₹1.35 Lakh (up 1454% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Total Expenses | |||||
| EBITDA | ₹1.12 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.12 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83% | ||||
| Net Profit Margin | 83% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Bhandara Online Limited, buy the company report.
Board of directors of Bhandara Online Limited
Bhandara Online has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anant Narayanrao Raghute Also directs: Smartware IT Solution LLP, Smaart Tech Services Limited, Sharp India Limited and 3 more | Director | 12 Nov 2021 | 4 Years 11 Months | As last reported |
| Rahul Annasaheb Dhokchoule Also directs: Innowave IT Infrastructures Limited | Director | 12 Nov 2021 | 4 Years 11 Months | As last reported |
| Prashant Sureshchandra Chalse Also directs: Innowave IT Infrastructures Limited | Director | 12 Nov 2021 | 4 Years 11 Months | As last reported |
Peer comparison
Bhandara Online Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hansen Customer Support India Private Limited | ₹1.35 Lakh (FY 2023) | -11.0% | Mumbai, Maharashtra, India | |||
| Ordient Technologies Private Limited | ₹1.35 Lakh (FY 2025) | 12.0% | Gautam Budh Nagar, Uttar Pradesh, India | |||
| Garud Research & Tech Private Limited | ₹1.35 Lakh (FY 2025) | 6474.0% | Bengaluru, Karnataka, India | |||
| Bhandara Online Limitedthis company | ₹1.35 Lakh (FY 2023) | ₹1.12 Lakh | 83% | 1454.0% | Pune, Maharashtra, India | |
| Log E Infotech Private Limited | ₹1.35 Lakh (FY 2025) | -39.0% | Pune, Maharashtra, India | |||
| Approtic Solutions Private Limited | ₹1.35 Lakh (FY 2024) | 119.0% | Hyderabad, Telangana, India | |||
| Tarantula Labs Private Limited | ₹1.35 Lakh (FY 2017) | 289.0% | Ghaziabad, Uttar Pradesh, India | |||
| Verana Infotech Private Limited | ₹1.35 Lakh (FY 2025) | Visakhapatnam, Andhra Pradesh, India | ||||
| Expertease Platforms Private Limited | ₹1.35 Lakh (FY 2021) | -79.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Bhandara Online Limited, buy the company report.
Auditor
Bhandara Online Limited is audited by MAHESH GURAV & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH GURAV & CO | FY 2020 | 116598W |
Shareholding
The shareholding of Bhandara Online Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bhandara Online Limited, buy the company report.
Legal cases
Bhandara Online Limited has 4 court cases on record: 2 filed by Bhandara Online, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Government of India-Ministry of Corporate Affairs | Disposed |
To see the full case history of Bhandara Online 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 Bhandara Online Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhandara Online has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECB9647D1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhandara Online Limited, buy the company report.
Recent activity
Bhandara Online Limited has 19 board changes on record since 2013: 3 appointments and 16 cessations. The latest: Anant Narayanrao Raghute ceased to be Additional Director on 30 Nov 2021.
10 earlier events are in the company report.
Frequently asked questions
Bhandara Online has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Bhandara Online was a public limited company based in Pune, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 28 March 2012 and is registered under CIN U72900PN2012PLC142753. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Bhandara Online was incorporated on 28 March 2012. It is registered with the Registrar of Companies, Pune.
Bhandara Online had 3 directors:
- Anant Narayanrao Raghute - Director
- Rahul Annasaheb Dhokchoule - Director
- Prashant Sureshchandra Chalse - Director
The CIN (Corporate Identification Number) of Bhandara Online is U72900PN2012PLC142753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Bhandara Online is at 504 Pentagon P – 3 Magarpatta City Hadapsar, Pune, Maharashtra, India – 411028.
The latest financial statements of Bhandara Online on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhandara Online is 27AAECB9647D1ZK, registered in Maharashtra.
Bhandara Online operated in the information technology industry, in the IT consulting and support services segment.
The peers of Bhandara Online by revenue are Hansen Customer Support India Private Limited, Ordient Technologies Private Limited, Garud Research & Tech Private Limited, Log E Infotech Private Limited, Approtic Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Bhandara Online has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the district courts.