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.
Company details
CIN history
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 |
Contact details
Khandesh Builders Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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
To see the full contact details of Khandesh Builders 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 Khandesh Builders is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Khandesh Builders Private Limited, buy the company report.
Financials of Khandesh Builders Private Limited
FY 2023 filings availableKhandesh Builders Private Limited reported revenue of ₹2.49 Cr for FY 2025.
Financial Statement Summary
| 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
| 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 | |||||
To see the full financial statements and ratios of Khandesh Builders Private Limited, buy the company report.
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 |
Auditor
Khandesh Builders Private Limited is audited by R. N. Khairnar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. N. Khairnar & Co. | FY 2023 | 114658W |
Shareholding
The shareholding of Khandesh Builders Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Khandesh Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 May 2010 | 10397124 | The Shirpur Peoples Co-Operative Bank Limited | ₹1 Cr | Open | |
| 19 Jan 2001 | 90216010 | The United Western Bank Ltd. | ₹1.15 Cr | Open | |
| 03 Jul 1996 | 90212891 | The United Western Bank Ltd. | ₹60 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
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 |
To see the full case history of Khandesh Builders 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 Khandesh Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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.
To see the full GST registrations and return filing status of Khandesh Builders Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 4 current directors:
- Gopal Ramkisan Nagala - Managing Director
- Ashokkumar Bastimal Khivasara - Director
- Kishor Ramkrishna Bhausar - Director
- Prakash Vasudeo Kukreja - Irp/Rp/Liquidator
The latest financial statements of Khandesh Builders 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 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.
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.
The registered office of Khandesh Builders is at B 110 Damji Shamji Corporate Square Lakshmi Nagar, Ghatkopar Andheri East Li Nk Road India, Mumbai, Maharashtra, India – 400075.