About Malnad Project (I) Private Limited
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Malnad Project (I) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 26 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45100PN2017PTC170130. Its GSTIN is 27AAGCK5660F1ZG (Maharashtra).
The company has an authorised share capital of ₹65.51 Cr and a paid-up capital of ₹50.01 Cr. It was formerly known as Kumar Housing Township Private Limited and Krishcon Publication India Private Limited. It is led by directors Manish Vimalkumar Jain and Yogesh Yeshwant Bhave.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹112.34 Cr (net margin -260%) and EBITDA of ₹9.37 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 405% over three years.
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,293.9 Cr and satisfied charges of ₹1,320.06 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 5 deals on record (2 rights issues, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹399 Cr; the latest was in March 2021. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 25 overdue payments to 8 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kumarmagnacity.com.
Company details
Name history
Malnad Project (I) has undergone 2 name changes throughout its history. The company was previously known as Kumar Housing Township Private Limited, and Krishcon Publication India Private Limited. The current legal name is Malnad Project (I) Private Limited.
| Company Name | Status |
|---|---|
| Malnad Project (I) Private Limited | Current |
| Kumar Housing Township Private Limited | Previous |
| Krishcon Publication India Private Limited | Previous |
CIN history
Malnad Project (I) has one previous CIN (Corporate Identification Number): U74999PN2017PTC170130. The current CIN is U45100PN2017PTC170130, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100PN2017PTC170130 | Current |
| U74999PN2017PTC170130 | Previous |
Contact details
Malnad Project (I) Private Limited's registered office is in Pune, Maharashtra. Its website is kumarmagnacity.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Parmar House, 2413 East Street Camp, Pune, Maharashtra, India – 411001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Malnad Project (I) 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 Malnad Project (I) 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 Malnad Project (I) Private Limited, buy the company report.
Financials of Malnad Project (I) Private Limited
FY 2024 filings availableMalnad Project (I) Private Limited reported revenue of ₹43.21 Cr (up 443% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 405% over three years, including 443% growth 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 |
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| EBITDA | ₹9.37 Cr | ||||
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| Net Profit (PAT) | -₹112.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | -260% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Malnad Project (I) Private Limited, buy the company report.
Board of directors of Malnad Project (I) Private Limited
Malnad Project (I) has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Vimalkumar Jain Also directs: Kumar Beharay Properties LLP, Kumar Properties and Developers LLP, Kumar Kering Properties LLP and 5 more | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
| Yogesh Yeshwant Bhave | Director | 07 Jan 2020 | 6 Years 9 Months | Current |
Auditor
Malnad Project (I) Private Limited is audited by SPAK & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SPAK & CO. | FY 2022 | 139877W |
Shareholding
The shareholding of Malnad Project (I) 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Malnad Project (I) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2024 | 100976589 | Others | ₹1.57 Cr | Open | |
| 04 Mar 2024 | 100938195 | Others | ₹221.17 Cr | Open | |
| 01 Mar 2024 | 100939873 | Others | ₹221.17 Cr | Open | |
| 15 Sep 2022 | 100676929 | Others | ₹150 Cr | Open | |
| 24 Mar 2021 | 100443905 | Others | ₹350 Cr | Open |
To see the full charge records of Malnad Project (I) Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Malnad Project (I) Private Limited has 5 deals on record (2 rights issues, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹399 Cr; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Debt financing | ₹350 Cr | Investors: HDFC Private Equity |
| Mar 2021 | Rights issue | ₹90 Lakh | Investors: an individual |
| Mar 2021 | Debt financing | ₹49 Cr | Investors: an individual |
| Jan 2021 | Rights issue | ₹10 Lakh | Investors: an individual |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Malnad Project (I) 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, Pune, Maharashtra | Court case (M.C.A.) | Filed against the company by an individual | Pending |
To see the full case history of Malnad Project (I) 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.
Credit ratings & regulatory alerts
Malnad Project (I) Private Limited was last rated by Care on 04 Aug 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Aug 2023 |
To see the full credit ratings and regulatory alerts of Malnad Project (I) Private Limited, buy the company report.
MSME payment delays
Malnad Project (I) Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 25 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Manjrai Infra Group | |||
| Sneh Precast Products | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Malnad Project (I) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Malnad Project (I) Private Limited has a workforce of 36 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
GST
Malnad Project (I) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCK5660F1ZG | Maharashtra | Active | 03 Jul 2021 |
To see the full GST registrations and return filing status of Malnad Project (I) Private Limited, buy the company report.
Recent activity
Malnad Project (I) Private Limited has 6 board changes on record since 2020: 2 appointments and 4 cessations. The latest: Manish Vimalkumar Jain ceased to be Additional Director on 31 Dec 2020.
16 earlier events are in the company report.
Frequently asked questions
Malnad Project (I) is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 26 April 2017 (9+ years old) and is registered under CIN U45100PN2017PTC170130.
Malnad Project (I) has 2 current directors:
- Manish Vimalkumar Jain - Director
- Yogesh Yeshwant Bhave - Director
The latest financial statements of Malnad Project (I) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Malnad Project (I) is 27AAGCK5660F1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Malnad Project (I) is U45100PN2017PTC170130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Malnad Project (I) has 1 court case on record: 1 filed against it. 1 is pending.
Malnad Project (I) was incorporated on 26 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
Malnad Project (I) has 5 deals on record (2 rights issues, 2 debt financings, 1 secondary share transfer), with disclosed funding of ₹399 Cr; the latest was in March 2021.
Manish Vimalkumar Jain ceased to be Additional Director on 31 Dec 2020. Yogesh Yeshwant Bhave ceased to be Additional Director on 31 Dec 2020. Manish Vimalkumar Jain was appointed as Director on 07 Jan 2020. Malnad Project (I) has 6 board changes on record in total.
Malnad Project (I) has 2 MSME Form 1 returns on record between 2023 and 2024, listing 25 overdue payments to 8 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Malnad Project (I) can be reached through the website kumarmagnacity.com. Its registered office is in Pune, Maharashtra, India.