About Bhandary Cityworld Private Limited
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Bhandary Cityworld Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 04 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2014PTC073412. Its GSTIN is 29AAFCB8395M1ZT (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹49 Lakh. It is led by directors including Nikhitha Bhandary Lakshmisha and Lakshmisha Bhandary.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 15 – 10 – 527/1 Kalapatharu Complex Kadri Mallikatta, Mangalore, Karnataka, India – 575002.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.15 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹75.31 Lakh and EBITDA of -₹65.21 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹167.75 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is 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 bhandarybuilders.com.
Company details
Contact details
Bhandary Cityworld Private Limited's registered office is in Mangalore, Karnataka. Its website is bhandarybuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address15 – 10 – 527/1 Kalapatharu Complex Kadri Mallikatta, Mangalore, Karnataka, India – 575002
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Bhandary Cityworld 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 Bhandary Cityworld 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 Bhandary Cityworld Private Limited, buy the company report.
Financials of Bhandary Cityworld Private Limited
FY 2023 filings availableBhandary Cityworld Private Limited reported revenue of ₹3.15 Lakh (down 99% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 58% over five years, including a 99% fall in the latest year. EBITDA fell 133% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹65.21 Lakh | ||||
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| Net Profit (PAT) | -₹75.31 Lakh | ||||
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Financial Ratios
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To see the full financial statements and ratios of Bhandary Cityworld Private Limited, buy the company report.
Board of directors of Bhandary Cityworld Private Limited
Bhandary Cityworld has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhitha Bhandary Lakshmisha | Director | 04 Feb 2014 | 12 Years 9 Months | Current |
| Lakshmisha Bhandary Also directs: Vastu Veda Global Infra LLP, Seaverse Research and Development LLP, Iniha Exports Private Limited and 1 more | Director | 04 Feb 2014 | 12 Years 9 Months | Current |
| Shrilatha Pradeep Rai | Additional Director | 08 Oct 2025 | 1 Years 1 Months | Current |
Peer comparison
Bhandary Cityworld Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Maa Vision Space Tech Private Limited | ₹3.16 Lakh (FY 2024) | 49.0% | Mumbai, Maharashtra, India | |||
| J P Kheradia Construction Private Limited | ₹3.16 Lakh (FY 2024) | -29.0% | Rajkot, Gujarat, India | |||
| PPRR Infrastructures & Realtors Private Limited | ₹3.15 Lakh (FY 2023) | -44.0% | Hyderabad, Telangana, India | |||
| Bhandary Cityworld Private Limitedthis company | ₹3.15 Lakh (FY 2022) | -₹75.31 Lakh | -99.0% | Mangalore, Karnataka, India | ||
| Vaishnavi Infratech Consultants Private Limited | ₹3.15 Lakh (FY 2025) | New Delhi, Delhi, India |
To see the full peer comparison of Bhandary Cityworld Private Limited, buy the company report.
Shareholding
The shareholding of Bhandary Cityworld Private 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 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Bhandary Cityworld Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2022 | 100606828 | Others | ₹30 Cr | Open | |
| 26 Aug 2020 | 100367563 | Others | ₹115 Cr | Open | |
| 04 Jul 2020 | 100349250 | Others | ₹10 Cr | Open | |
| 08 Mar 2018 | 100166176 | Others | ₹7 Cr | Open | |
| 24 Feb 2016 | 10626163 | The South Canara District Central Co-Operative Bank Limited | ₹3.5 Cr | Open |
To see the full charge records of Bhandary Cityworld Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Bhandary Cityworld Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Bhandary Cityworld 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 Bhandary Cityworld Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhandary Cityworld has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB8395M1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhandary Cityworld Private Limited, buy the company report.
Recent activity
Bhandary Cityworld Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Shrilatha Pradeep Rai was appointed as Additional Director on 08 Oct 2025.
1 earlier event is in the company report.
Frequently asked questions
Bhandary Cityworld is an active private limited company based in Mangalore, Karnataka, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 04 February 2014 (12+ years old) and is registered under CIN U45205KA2014PTC073412.
Bhandary Cityworld has 3 current directors:
- Nikhitha Bhandary Lakshmisha - Director
- Lakshmisha Bhandary - Director
- Shrilatha Pradeep Rai - Additional Director
The latest financial statements of Bhandary Cityworld on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhandary Cityworld is 29AAFCB8395M1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of Bhandary Cityworld is U45205KA2014PTC073412. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhandary Cityworld has 1 court case on record: 1 filed against it. 1 is pending.
Bhandary Cityworld was incorporated on 04 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Bhandary Cityworld by revenue are Maa Vision Space Tech Private Limited, J P Kheradia Construction Private Limited, PPRR Infrastructures & Realtors Private Limited, Vaishnavi Infratech Consultants Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Shrilatha Pradeep Rai was appointed as Additional Director on 08 Oct 2025. Lakshmisha Bhandary was appointed as Director on 04 Feb 2014. Nikhitha Bhandary Lakshmisha was appointed as Director on 04 Feb 2014.
Bhandary Cityworld can be reached through the website bhandarybuilders.com. Its registered office is in Mangalore, Karnataka, India.
The registered office of Bhandary Cityworld is at 15 – 10 – 5271 Kalapatharu Complex Kadri Mallikatta, Mangalore, Karnataka, India – 575002.
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