About Bhandari Infrastructure and Construction Development Private Limited
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Bhandari Infrastructure and Construction Development Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 September 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45203PN2004PTC019753. Its GSTIN is 27AACCB4601R1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1 Cr. It is led by directors Prashant Omprakash Bhandari (Whole-Time Director) and Ashish Omprakash Bhandari (Whole-Time Director).
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 Unit No 2 Ground Floor Kamla Corner Plot No. 899 A Mangalwar Peth, Pune, Maharashtra, India – 411011.
As per the financials filed for FY 2024, the company reported a revenue of ₹80.38 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹18.9 Lakh (net margin 23.5%) and EBITDA of ₹28.55 Lakh (EBITDA margin 35.5%). Revenue has declined at a compounded annual rate (CAGR) of 99% over three years and 36% over five years.
As per MCA filings, the company has satisfied charges of ₹55.3 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mindspacegroup.com.
Company details
Contact details
Bhandari Infrastructure and Construction Development Private Limited's registered office is in Pune, Maharashtra. Its website is mindspacegroup.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressUnit No 2 Ground Floor Kamla Corner Plot No. 899 A Mangalwar Peth, Pune, Maharashtra, India – 411011
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bhandari Infrastructure and Construction Development Private 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 Bhandari Infrastructure and Construction Development 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 Bhandari Infrastructure and Construction Development Private Limited, buy the company report.
Financials of Bhandari Infrastructure and Construction Development Private Limited
FY 2025 filings availableBhandari Infrastructure and Construction Development Private Limited reported revenue of ₹80.38 Lakh (up 2210% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 36% over five years. EBITDA rose 172% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹28.55 Lakh | ||||
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| Net Profit (PAT) | ₹18.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 35.5% | ||||
| Net Profit Margin | 23.5% | ||||
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To see the full financial statements and ratios of Bhandari Infrastructure and Construction Development Private Limited, buy the company report.
Board of directors of Bhandari Infrastructure and Construction Development Private Limited
Bhandari Infrastructure and Construction Development has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Omprakash Bhandari | Whole-Time Director | 17 Sep 2004 | 22 Years 1 Months | Current |
| Ashish Omprakash Bhandari Also directs: Barcode Creations LLP, Innovex Multitrade Private Limited, Havana Hotels and Resorts Private Limited and 4 more | Whole-Time Director | 17 Sep 2004 | 22 Years 1 Months | Current |
Peer comparison
Bhandari Infrastructure and Construction Development Private Limited is compared with the 3 companies closest to it by revenue in the Outsourcing industry (Builders and Developers, Consulting Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhandari Infrastructure and Construction Development Private Limitedthis company | ₹80.38 Lakh (FY 2024) | ₹18.9 Lakh | 23.5% | 2210.0% | Pune, Maharashtra, India | |
| Dev Hira Projects Private Limited | ₹80.36 Lakh (FY 2024) | 130.0% | Patna, Bihar, India | |||
| Tanisha Aunit Engicon Private Limited | ₹80.35 Lakh (FY 2025) | -7.0% | Patna, Bihar, India | |||
| Prashant Developers Pvt Ltd | ₹80.32 Lakh (FY 2025) | -10.0% | Junagadh, Gujarat, India |
To see the full peer comparison of Bhandari Infrastructure and Construction Development Private Limited, buy the company report.
Auditor
Bhandari Infrastructure and Construction Development Private Limited is audited by A M P & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A M P & ASSOCIATES | FY 2021 | 137699W |
Shareholding
The shareholding of Bhandari Infrastructure and Construction Development Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhandari Infrastructure and Construction Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2020 | 100401454 | Others | ₹19.93 Lakh | Satisfied | |
| 20 Feb 2019 | 100255359 | Others | ₹35 Cr | Satisfied | |
| 29 Oct 2016 | 100068035 | Others | ₹1.3 Cr | Satisfied | |
| 31 Mar 2016 | 100022516 | Others | ₹14.88 Lakh | Satisfied | |
| 21 Jul 2015 | 10581732 | Solapur Janata Sahakari Bank Ltd. | ₹8 Cr | Satisfied |
To see the full charge records of Bhandari Infrastructure and Construction Development Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Bhandari Infrastructure and Construction Development Private Limited has 12 court cases on record: 1 filed by Bhandari Infrastructure and Construction Development, 11 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 9 | 5 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Birla Projects Pvt Ltd | Disposed |
| District court, BELAGAVI, Karnataka | Court case (Ex.C) | Filed against the company | Pending |
| District court, BELAGAVI, Karnataka | Civil suit | Filed against the company | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Nand Sales Corporation Through Rahul Birla | Pending |
To see the full case history of Bhandari Infrastructure and Construction Development 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 Bhandari Infrastructure and Construction Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhandari Infrastructure and Construction Development has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB4601R1ZH | Maharashtra | Active | 01 Jul 2017 |
| 29AACCB4601R1ZD | Karnataka | Active | 06 Jun 2018 |
To see the full GST registrations and return filing status of Bhandari Infrastructure and Construction Development Private Limited, buy the company report.
Recent activity
Bhandari Infrastructure and Construction Development Private Limited has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Ashish Omprakash Bhandari ceased to be Director on 01 Apr 2019.
17 earlier events are in the company report.
Frequently asked questions
Bhandari Infrastructure and Construction Development is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 September 2004 (22+ years old) and is registered under CIN U45203PN2004PTC019753.
Bhandari Infrastructure and Construction Development has 2 current directors:
- Prashant Omprakash Bhandari - Whole-Time Director
- Ashish Omprakash Bhandari - Whole-Time Director
The latest financial statements of Bhandari Infrastructure and Construction Development 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 GSTIN of Bhandari Infrastructure and Construction Development is 27AACCB4601R1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCB4601R1ZD (Karnataka).
The CIN (Corporate Identification Number) of Bhandari Infrastructure and Construction Development is U45203PN2004PTC019753. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhandari Infrastructure and Construction Development has 12 court cases on record: 1 filed by the company and 11 filed against it. 5 are pending. Most are in the district courts.
Bhandari Infrastructure and Construction Development was incorporated on 17 September 2004, making it 22+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Bhandari Infrastructure and Construction Development by revenue are Dev Hira Projects Private Limited, Tanisha Aunit Engicon Private Limited, Prashant Developers Pvt Ltd, all in the Outsourcing industry (Builders and Developers, Consulting Services), with the same principal business activity (buildings).
Ashish Omprakash Bhandari ceased to be Director on 01 Apr 2019. Prashant Omprakash Bhandari ceased to be Director on 01 Apr 2019. Omprakash Mishrilal Bhandari ceased to be Director on 26 Dec 2012. Bhandari Infrastructure and Construction Development has 6 board changes on record in total.
Bhandari Infrastructure and Construction Development can be reached through the website mindspacegroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Bhandari Infrastructure and Construction Development is at Unit No 2 Ground Floor Kamla Corner Plot No. 899 A Mangalwar Peth, Pune, Maharashtra, India – 411011.
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