Khandesh Builders Private Limited
About Khandesh Builders Private Limited
Data last updated:
Khandesh Builders Private Limited is a private limited company based in Mumbai, Maharashtra, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 January 1984.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1984PTC031927. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.15 Cr. It was formerly known as Khandesh Builders Limited. It is led by directors including Gopal Ramkisan Nagala (Managing Director) and Prakash Vasudeo Kukreja (Irp/Rp/Liquidator).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.49 Cr. For the same year it recorded a net loss of ₹23.03 Cr and EBITDA of -₹22.45 Cr.
As per MCA filings, the company has open charges of ₹2.75 Cr on record. Court records list 31 cases involving the company, including 13 filed by the company and 18 filed against it; 12 cases are pending.
CIN History of Khandesh Builders Private Limited
Khandesh Builders has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45200MH1984PTC031927, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45200MH1984PTC031927 | Current |
| U45200MH1984PLC031927 | Previous |
| U45200MH2003PTC031927 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB 110 Damji Shamji Corporate Square Lakshmi Nagar, Ghatkopar Andheri East Li Nk Road India, Mumbai, Maharashtra, India – 400075
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Khandesh Builders Private Limited
The main business activity of Khandesh Builders is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Khandesh Builders Private Limited FY 2023 filings available
Khandesh Builders Private Limited reported revenue of ₹2.49 Cr for FY 2025.
Financial Statement Summary of Khandesh Builders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹22.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹23.03 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 of Khandesh Builders Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Khandesh Builders are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Khandesh Builders Private Limited
Khandesh Builders has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Ramkisan Nagala | Managing Director | 07 May 2009 | 17 Years 5 Months | As last reported |
| Prakash Vasudeo Kukreja Also directs: Excedor Resolvency Private Limited | Irp/Rp/Liquidator | 16 Sep 2024 | 2 Years 1 Months | As last reported |
| Ashokkumar Bastimal Khivasara | Director | 25 Apr 2011 | 15 Years 5 Months | As last reported |
| Kishor Ramkrishna Bhausar | Director | 07 May 2009 | 17 Years 5 Months | As last reported |
Peer Comparison of Khandesh Builders Private Limited
Khandesh Builders Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abph Infra Developers Private Limited | ₹2.49 Cr (FY 2022) | •••• | •••• | -11.0% | •••• | Gorakhpur, Uttar Pradesh, India |
| Primal Projects Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 180.0% | •••• | Koramangala, Bangalore, Karnataka, India |
| Sodder Builders and Developers Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | -64.0% | •••• | Arpora Bardez, Goa, India |
| Victor Buildwel Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | -79.0% | •••• | Delhi, India |
| Gap Associates Private Limited | ₹2.49 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Surat, Gujarat, India |
| Khandesh Builders Private Limited this company | ₹2.49 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Rathi Oxygen Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | New Delhi, Delhi, India |
| Wondurwall Constructions and Interiors Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 1392.0% | •••• | Chennai, Tamil Nadu, India |
| Bhausaheb Saloni Ninath Lata Land Developers Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | •••• | Navi Mumbai, Maharashtra, India | |
| Samaveda Developers Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Hyderabad, Telangana, India |
| Sudha Land Ventures and Homes Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Khandesh Builders by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Khandesh Builders Private Limited
Khandesh Builders Private Limited is audited by R. N. Khairnar & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R. N. Khairnar & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Khandesh Builders Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Khandesh Builders Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 May 2010 | The Shirpur Peoples Co-Operative Bank Limited | ₹1 Cr | Open |
| 19 Jan 2001 | The United Western Bank Ltd. | ₹1.15 Cr | Open |
| 03 Jul 1996 | The United Western Bank Ltd. | ₹60 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Khandesh Builders Private Limited
Khandesh Builders Private Limited has 31 court cases on record: 13 filed by Khandesh Builders, 18 filed against it. 12 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 6 | 8 |
| District courts | 12 | 6 | 4 |
| NCLAT | 4 | 4 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalgaon, Maharashtra | Court case (Cri.Appeal) | Filed against the company | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by The PR. Comiisioner of Income Tax-1, Nashik | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against The State of Maharashtra Through Its Secretary and Others and 5 others | Pending |
| District court, Jalgaon, Maharashtra | Court case (M.C.A.) | Filed against the company by individuals | Pending |
| District court, Jalgaon, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
Full case history
All 31 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Khandesh Builders Private Limited
Employment history and EPFO contributions of people linked to Khandesh Builders.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Khandesh Builders Private Limited
Khandesh Builders Private Limited has 9 board changes on record since 2009: 4 appointments and 5 cessations. The latest: Prakash Vasudeo Kukreja was appointed as Irp/Rp/Liquidator on 16 Sep 2024.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Khandesh Builders Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Khandesh Builders Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Khandesh Builders Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Khandesh Builders Private Limited
Khandesh Builders has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Khandesh Builders Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Khandesh Builders Private Limited
Khandesh Builders is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Khandesh Builders is a company under insolvency, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 January 1984 and is registered under CIN U45200MH1984PTC031927. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Khandesh Builders reported revenue of ₹2.49 Cr for FY 2025.
Khandesh Builders has 4 current directors:
- Gopal Ramkisan Nagala - Managing Director
- Ashokkumar Bastimal Khivasara - Director
- Kishor Ramkrishna Bhausar - Director
- Prakash Vasudeo Kukreja - Irp/Rp/Liquidator
Khandesh Builders reported a net loss of ₹23.03 Cr and EBITDA of -₹22.45 Cr for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Khandesh Builders is U45200MH1984PTC031927. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Khandesh Builders has open charges of ₹2.75 Cr and no satisfied charges on record as per latest MCA filings.
Khandesh Builders has 31 court cases on record: 13 filed by the company and 18 filed against it. 12 are pending. Most are in the high courts.
Khandesh Builders was incorporated on 25 January 1984. It is registered with the Registrar of Companies, Mumbai.
The peers of Khandesh Builders by revenue are Abph Infra Developers Private Limited, Primal Projects Private Limited, Sodder Builders and Developers Private Limited, Victor Buildwel Private Limited, Gap Associates Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Prakash Vasudeo Kukreja was appointed as Irp/Rp/Liquidator on 16 Sep 2024. Gokulchandra Birla ceased to be Managing Director on 01 May 2011. Ashokkumar Bastimal Khivasara was appointed as Director on 25 Apr 2011. Khandesh Builders has 9 board changes on record in total.