About Bhoruka Park Private Limited
Data last updated:
Bhoruka Park Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Bhoruka Park Investments India Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40100KA2005PTC037407. Its GSTIN is 29AACCB7080Q1Z0 (Karnataka).
The company has an authorised share capital of ₹31 Cr and a paid-up capital of ₹26.22 Cr. It is led by directors Ajay Kumar Masand and Anil Kumar Bhandari.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 48 Lavelle Road, Bangalore, Karnataka, India – 560001.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.42 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹17.68 Cr (net margin 33.7%) and EBITDA of ₹29.72 Cr (EBITDA margin 56.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Bhoruka Park and Splitify. As per MCA filings, the company has open charges of ₹200 Cr and satisfied charges of ₹484.75 Cr on record. Court records list 37 cases involving the company, including 23 filed by the company and 14 filed against it; 4 cases are pending. The company has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹12.19 Cr; the latest was in March 2019.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bhorukapark.com.
Company details
CIN history
Bhoruka Park has one previous CIN (Corporate Identification Number): U45202KA2005PTC037407. The current CIN is U40100KA2005PTC037407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100KA2005PTC037407 | Current |
| U45202KA2005PTC037407 | Previous |
Contact details
Bhoruka Park Private Limited's registered office is in Bangalore, Karnataka. Its website is bhorukapark.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address48 Lavelle Road, Bangalore, Karnataka, India – 560001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Bhoruka Park 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
Brands
Bhoruka Park operates two associated brands: Bhoruka Park and Splitify. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive commercial real estate development services for business and investment needs. | bhorukapark.com | |
| Online platform providing solutions to manage shared expenses | splitifyapp.com |
Business activity
The main business activities of Bhoruka Park are real estate and electricity, gas, steam and air condition supply. In detail, this covers real estate activities with own or leased property and electric power generation, transmission and distribution. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Bhoruka Park Private Limited, buy the company report.
Financials of Bhoruka Park Private Limited
FY 2024 filings availableBhoruka Park Private Limited reported revenue of ₹52.42 Cr (up 21% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 21% growth in the latest year. EBITDA rose 30% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.68 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.7% | ||||
| Net Profit Margin | 33.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Bhoruka Park Private Limited, buy the company report.
Board of directors of Bhoruka Park Private Limited
Bhoruka Park has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Masand Also directs: Palmtree Enterprise LLP, Ramky - Midc Agro Processing Park Limited, Bhoruka Steel and Services Limited and 1 more | Director | 15 Jul 2024 | 2 Years 3 Months | Current |
| Anil Kumar Bhandari | Director | 07 Oct 2005 | 21 Years 0 Months | Current |
Auditor
Bhoruka Park Private Limited is audited by MSSV & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSSV & Co. | FY 2023 | 001987S |
Shareholding
The shareholding of Bhoruka Park Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhoruka Park Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2025 | 101082971 | Hdfc Bank Limited | ₹175 Cr | Open | |
| 07 Jun 2017 | 100115067 | Hdfc Bank Limited | ₹25 Cr | Open | |
| 03 Feb 2017 | 100083299 | Hdfc Bank Limited | ₹25 Cr | Satisfied | |
| 03 Feb 2017 | 100078546 | Axis Bank Limited | ₹101 Cr | Satisfied | |
| 30 Oct 2014 | 10535415 | Hdfc Bank Limited | ₹85 Cr | Satisfied |
To see the full charge records of Bhoruka Park Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Bhoruka Park Private Limited has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹12.19 Cr; the latest was in March 2019.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: Bhoruka Park Investments India Private Limited & Siddharth Agarwal |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Bhoruka Park Investments India Private Limited , Bhoruka Steel Investments India Private Limited Seller: Bhoruka Steel Holdings Private Limited , Bhoruka Park Holdings Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: Prabhu Structures Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Bhoruka Steel Investments India Private Limited & Siddhartha Agarwal Seller: Bhoruka Park Investments India Private Limited & Siddharth Agarwal |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Prabhu Structures Private Limited , Bhoruka Park Holdings Private Limited Seller: Bhoruka Park Investments India Private Limited & Siddharth Agarwal, Bhoruka Steel Investments India Private Limited & Vivek Agarwal, Bhoruka Steel Investments India Private Limited & Umah Agarwal |
To see the full deal history of Bhoruka Park Private 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
Bhoruka Park Private Limited has 37 court cases on record: 23 filed by Bhoruka Park, 14 filed against it. 4 cases are pending and 33 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 9 | 2 |
| District courts | 16 | 4 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Writ petition | Filed by the company against Bangalore Electricity Supply Company Limited and 4 others | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Bangalore Electricity Supply Company Ltd. Through Its Managing Director KR Circle, Bangalre ,Bangalore , Karnataka and 4 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Bangalore Electricity Supply Company Ltd and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Amar Remedies Ltd and Ors and 11 others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Amar Remedies Ltd., | Disposed |
To see the full case history of Bhoruka Park 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 Bhoruka Park Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhoruka Park Private Limited has a workforce of 21 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Bhoruka Park has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCB7080Q1Z0 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhoruka Park Private Limited, buy the company report.
Recent activity
Bhoruka Park Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Ajay Kumar Masand was appointed as Director on 15 Jul 2024.
21 earlier events are in the company report.
Frequently asked questions
Bhoruka Park is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 October 2005 (21+ years old) and is registered under CIN U40100KA2005PTC037407.
Bhoruka Park has 2 current directors:
- Ajay Kumar Masand - Director
- Anil Kumar Bhandari - Director
The latest financial statements of Bhoruka Park on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Bhoruka Park is 29AACCB7080Q1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Bhoruka Park is U40100KA2005PTC037407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhoruka Park has 37 court cases on record: 23 filed by the company and 14 filed against it. 4 are pending. Most are in the high courts.
Bhoruka Park was incorporated on 07 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhoruka Park has 9 deals on record (5 secondary share transfers, 4 funding rounds), with disclosed funding of ₹12.19 Cr; the latest was in March 2019.
Ajay Kumar Masand was appointed as Director on 15 Jul 2024. Ajay Kumar Masand ceased to be Additional Director on 15 Jul 2024. Bunty Ayaz Peerbhoy ceased to be Director on 25 Sep 2019. Bhoruka Park has 6 board changes on record in total.
Bhoruka Park can be reached through the website bhorukapark.com. Its registered office is in Bangalore, Karnataka, India.