- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-07-0008483

About Mandakini Resorts Private Limited
Data last updated:
Mandakini Resorts Private Limited is a private limited company based in Cuttack, Odisha, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U68100OR2002PTC006831. Its GSTIN is 21AAECM4710G1Z1 (Odisha).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹70 Lakh. It is led by directors including Manojranjan Kar (Managing Director) and Sagar Kar.
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 Mahanadi Viharnayabazar, Cuttack, Odisha, India – 753004.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.78 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹41.17 Lakh (net margin 7.1%) and EBITDA of ₹44.41 Lakh (EBITDA margin 7.7%). Revenue has declined at a compounded annual rate (CAGR) of 831% over three years and 27% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹21.8 Cr and satisfied charges of ₹7.11 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 2 cases are pending. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹69 Lakh; the latest was in March 2016. Its 4 peer companies in the Real Estate industry (Builders and Developers, Resorts), with the same principal business activity (buildings) are compared by revenue, 3 larger and 1 smaller; the largest is Alokik Buildcon Private Limited with revenue of ₹5.79 Cr.
Mandakini Resorts Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-07-0008483). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mandakiniresorts.com.
Company details
CIN history
Mandakini Resorts has one previous CIN (Corporate Identification Number): U55101OR2002PTC006831. The current CIN is U68100OR2002PTC006831, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68100OR2002PTC006831 | Current |
| U55101OR2002PTC006831 | Previous |
Recognitions & Rankings of Mandakini Resorts
Contact details
Mandakini Resorts Private Limited's registered office is in Cuttack, Odisha. Its website is mandakiniresorts.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMahanadi Viharnayabazar, Cuttack, Odisha, India – 753004
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Mandakini Resorts 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 Mandakini Resorts 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 Mandakini Resorts Private Limited, buy the company report.
Financials of Mandakini Resorts Private Limited
FY 2025 filings availableMandakini Resorts Private Limited reported revenue of ₹5.78 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 36% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 6% 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 | ₹44.41 Lakh | ||||
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| Net Profit (PAT) | ₹41.17 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 7.7% | ||||
| Net Profit Margin | 7.1% | ||||
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To see the full financial statements and ratios of Mandakini Resorts Private Limited, buy the company report.
Board of directors of Mandakini Resorts Private Limited
Mandakini Resorts has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Kar | Director | 17 Jul 2023 | 3 Years 3 Months | Current |
| Manojranjan Kar | Managing Director | 13 Sep 2004 | 22 Years 1 Months | Current |
| Nirupama Kar | Director | 13 Sep 2004 | 22 Years 1 Months | Current |
Peer comparison
Mandakini Resorts Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers, Resorts), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alokik Buildcon Private Limited | ₹5.79 Cr (FY 2019) | -35.0% | Jaipur, Rajasthan, India | |||
| Sathyam Homes Private Limited | ₹5.79 Cr (FY 2024) | -73.0% | Chennai, Tamil Nadu, India | |||
| Vigor Developments Limited | ₹5.78 Cr (FY 2025) | 1205.0% | Bangalore, Karnataka, India | |||
| Mandakini Resorts Private Limitedthis company | ₹5.78 Cr (FY 2024) | ₹41.17 Lakh | 7.1% | 36.0% | Cuttack, Odisha, India | |
| Satern Griha Nirman Private Limited | ₹5.78 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Mandakini Resorts Private Limited, buy the company report.
Auditor
Mandakini Resorts Private Limited is audited by H.K.CHANDAK & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.K.CHANDAK & CO. | FY 2023 | 317153E |
Shareholding
The shareholding of Mandakini Resorts 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 Mandakini Resorts Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2024 | 101016387 | Hdfc Bank Limited | ₹79.94 Lakh | Open | |
| 12 Sep 2024 | 100988153 | Others | ₹4 Cr | Open | |
| 10 Aug 2023 | 100782254 | Others | ₹17 Cr | Open | |
| 21 Dec 2012 | 10400989 | Reliance Home Finance Limited | ₹7 Cr | Satisfied | |
| 31 Aug 2012 | 10373550 | Reliance Capital Ltd | ₹11 Lakh | Satisfied |
To see the full charge records of Mandakini Resorts Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Mandakini Resorts Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹69 Lakh; the latest was in March 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Sep 2015 | Funding round | ₹20 Lakh | Investors: an individual |
| Mar 2013 | Funding round | ₹30 Lakh | Investors: 2 individuals |
| Jan 2010 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Mar 2008 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 3 individuals |
To see the full deal history of Mandakini Resorts 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
Mandakini Resorts Private Limited has 4 court cases on record: 1 filed by Mandakini Resorts, 3 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Khurda, Orissa | Court case (F A O) | Filed by the company against an individual | Pending |
| District court, Khurda, Orissa | Civil suit | Filed against the company by an individual | Pending |
| District court, Khurda, Orissa | Civil suit | Filed against the company by an individual | Disposed |
| District court, Khurda, Orissa | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Mandakini Resorts 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 Mandakini Resorts Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mandakini Resorts has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECM4710G1Z1 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mandakini Resorts Private Limited, buy the company report.
Recent activity
Mandakini Resorts Private Limited has 8 board changes on record since 2004: 3 appointments and 5 cessations. The latest: Sagar . Kar ceased to be Additional Director on 29 Sep 2023.
6 earlier events are in the company report.
Frequently asked questions
Mandakini Resorts is an active private limited company based in Cuttack, Odisha, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 June 2002 (24+ years old) and is registered under CIN U68100OR2002PTC006831.
Mandakini Resorts has 3 current directors:
- Manojranjan Kar - Managing Director
- Sagar Kar - Director
- Nirupama Kar - Director
The latest financial statements of Mandakini Resorts 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 Mandakini Resorts is 21AAECM4710G1Z1, registered in Odisha.
The CIN (Corporate Identification Number) of Mandakini Resorts is U68100OR2002PTC006831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mandakini Resorts has 4 court cases on record: 1 filed by the company and 3 filed against it. 2 are pending.
Mandakini Resorts was incorporated on 04 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Cuttack.
Mandakini Resorts has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹69 Lakh; the latest was in March 2016.
The peers of Mandakini Resorts by revenue are Alokik Buildcon Private Limited, Sathyam Homes Private Limited, Vigor Developments Limited, Satern Griha Nirman Private Limited, all in the Real Estate industry (Builders and Developers, Resorts), with the same principal business activity (buildings).
Sagar . Kar ceased to be Additional Director on 29 Sep 2023. Sagar Kar was appointed as Director on 17 Jul 2023. Akash Kar ceased to be Director on 29 Aug 2016. Mandakini Resorts has 8 board changes on record in total.
Yes, Mandakini Resorts is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-07-0008483).