Khandelwal Estates Private Limited
About Khandelwal Estates Private Limited
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Khandelwal Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 26 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2005PTC155082. Its GSTIN is 27AAACK2613E1Z1 (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.84 Cr. It is led by directors Lata Vasu Manik and Manish Srichand Pardasani.
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 C.T.S No 102 102/2& 2 Sani Arma Off Juhu Gaonthan Raut Lane. Near Iscon Temple, Mumbai, Maharashtra, India – 400049.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.34 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹88.54 Lakh (net margin 7.8%) and EBITDA of ₹8.08 Cr (EBITDA margin 71.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹407 Cr and satisfied charges of ₹292.96 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 active non-compliant by the Registrar of Companies.
Company details
Contact details
Khandelwal Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC.T.S No 102 102/2& 2 Sani Arma Off Juhu Gaonthan Raut Lane. Near Iscon Temple, Mumbai, Maharashtra, India – 400049
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Khandelwal Estates 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 Khandelwal Estates is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Khandelwal Estates Private Limited, buy the company report.
Financials of Khandelwal Estates Private Limited
FY 2025 filings availableKhandelwal Estates Private Limited reported revenue of ₹11.34 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 21% fall in the latest year. EBITDA fell 32% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.08 Cr | ||||
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| Net Profit (PAT) | ₹88.54 Lakh | ||||
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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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| EBITDA Margin | 71.3% | ||||
| Net Profit Margin | 7.8% | ||||
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To see the full financial statements and ratios of Khandelwal Estates Private Limited, buy the company report.
Board of directors of Khandelwal Estates Private Limited
Khandelwal Estates has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lata Vasu Manik Also directs: Regal Dealers Private Limited, M.S. Luvish Projects Private Limited, Dadar Wine Mart Private Limited and 3 more | Director | 22 Jan 2018 | 8 Years 9 Months | Current |
| Manish Srichand Pardasani | Director | 30 Sep 2018 | 8 Years 0 Months | Current |
Auditor
Khandelwal Estates Private Limited is audited by P M V S AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P M V S AND ASSOCIATES | FY 2023 | 100599W |
Shareholding
The shareholding of Khandelwal Estates Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Khandelwal Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2025 | 101115106 | Axis Bank Limited | ₹192 Cr | Open | |
| 01 Jan 2024 | 100852672 | Axis Bank Limited | ₹35 Cr | Open | |
| 17 Apr 2021 | 100448649 | Axis Bank Limited | ₹100 Cr | Open | |
| 08 Apr 2011 | 10284137 | Axis Bank Limited | ₹80 Cr | Open | |
| 04 Dec 2014 | 10539801 | Axis Bank Limited | ₹77.96 Cr | Satisfied |
To see the full charge records of Khandelwal Estates Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Khandelwal Estates 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 |
|---|---|---|---|
| Supreme Court | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (2405-Indirect Taxation : Service Tax) | Filed against the company by Shoppers Stop Ltd., A Company Incorporated Under the Provisions of the Companies Act, 1956 Through Its Authorized Signatory Mr. Prashant Mehta, Having Its Registered Office at Eureka Towers, B Wing 9Th Floor, Mindspace, Link Road, Malad (West) ,Mumbai , Maharashtra and 2 others | Pending |
To see the full case history of Khandelwal Estates 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 Khandelwal Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Khandelwal Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACK2613E1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Khandelwal Estates Private Limited, buy the company report.
Recent activity
Khandelwal Estates Private Limited has 7 board changes on record since 2018: 3 appointments and 4 cessations. The latest: Khyatee Chirayu Vyas was appointed as Company Secretary on 13 Oct 2025.
13 earlier events are in the company report.
Frequently asked questions
Khandelwal Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 26 July 2005 (21+ years old) and is registered under CIN U27100MH2005PTC155082.
Khandelwal Estates has 2 current directors:
- Lata Vasu Manik - Director
- Manish Srichand Pardasani - Director
The latest financial statements of Khandelwal Estates 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 Khandelwal Estates is 27AAACK2613E1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Khandelwal Estates is U27100MH2005PTC155082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khandelwal Estates has 1 court case on record: 1 filed against it. 1 is pending.
Khandelwal Estates was incorporated on 26 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Khyatee Chirayu Vyas was appointed as Company Secretary on 13 Oct 2025. Shrichand Lilaram Pardasani ceased to be Director on 12 Sep 2019. Moksh Shrichand Pardasani ceased to be Director on 09 Jul 2019. Khandelwal Estates has 7 board changes on record in total.
The registered office of Khandelwal Estates is at C.T.S No 102 1022& 2 Sani Arma Off Juhu Gaonthan Raut Lane. Near Iscon Temple, Mumbai, Maharashtra, India – 400049.
Khandelwal Estates operates in the financial services industry, in the real estate financing segment.