Mandakini Resorts Private Limited

Mandakini Resorts Private Limited - real estate and construction in Cuttack, Odisha, India. FY 2026 financials & compliance.
CIN U68100OR2002PTC006831 Incorporated 04 June 2002 ROC Cuttack HQ Cuttack, Odisha, India
Active Private Limited Company real estate and construction MSME · Micro
Data last updated
Revenue · FY 2024
₹5.78 Cr
▲ 36% YoY
Net profit · FY 2024
₹41.17 Lakh
Net margin 7.1%
EBITDA · FY 2024
₹44.41 Lakh
EBITDA margin 7.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹70 Lakh
Issued & subscribed
Open charges
₹21.8 Cr
Satisfied ₹7.11 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
11
Provident fund records

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 U68100OR2002PTC006831
Registration Number 006831
Incorporation Date 04 June 2002
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-07-0008483

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.

CINStatus
U68100OR2002PTC006831Current
U55101OR2002PTC006831Previous

Recognitions & Rankings of Mandakini Resorts

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-OD-07-0008483

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
  • Social Media
  • Registered Address
    Mahanadi Viharnayabazar, Cuttack, Odisha, India – 753004
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers

To see the full contact details of Mandakini Resorts Private Limited, buy the company report.

Comprehensive company report
Mandakini Resorts Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Mandakini Resorts is construction. In detail, this covers buildings.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF1Buildings

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 available

Mandakini Resorts Private Limited reported revenue of ₹5.78 Cr (up 36% YoY) for FY 2024.

Revenue · FY 2024
₹5.78 Cr ▲ 36%
Net profit · FY 2024
₹41.17 Lakh margin 7.1%
EBITDA · FY 2024
₹44.41 Lakh margin 7.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 831%
5 years · compounded
▼ 27%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 129%
5 years · compounded
▼ 1%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹44.41 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹41.17 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.7%
Net Profit Margin7.1%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sagar KarDirector17 Jul 20233 Years 3 MonthsCurrent
Manojranjan KarManaging Director13 Sep 200422 Years 1 MonthsCurrent
Nirupama KarDirector13 Sep 200422 Years 1 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh7.1%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 firmFinancial yearFirm registration number
H.K.CHANDAK & CO.FY 2023317153E

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹21.8 Cr
Satisfied charges
₹7.11 Cr
Breakdown by lending institutions
Others₹21.00 Cr
Hdfc Bank Limited₹0.80 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Nov 2024101016387Hdfc Bank Limited₹79.94 LakhOpen
12 Sep 2024100988153Others₹4 CrOpen
10 Aug 2023100782254Others₹17 CrOpen
21 Dec 201210400989Reliance Home Finance Limited₹7 CrSatisfied
31 Aug 201210373550Reliance Capital Ltd₹11 LakhSatisfied

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.

Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹69 Lakh

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: 2 individuals
Sep 2015Funding round₹20 LakhInvestors: an individual
Mar 2013Funding round₹30 LakhInvestors: 2 individuals
Jan 2010Secondary share transferUndisclosedBuyer: 4 individuals
Seller: 3 individuals
Mar 2008Secondary share transferUndisclosedBuyer: 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.

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AAECM4710G1Z1OdishaActive01 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.

AGM
Mandakini Resorts Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mandakini Resorts Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.80 Cr with Charge ID 101016387 was registered on 22 Nov 2024.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100988153 was registered on 12 Sep 2024.
Ceased
Sagar . Kar ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 17.00 Cr with Charge ID 100782254 was registered on 10 Aug 2023.
Appointed
Sagar Kar was appointed as Director.
Ceased
Akash Kar ceased to be Director.
Charges
A charge registered on 31 Aug 2012 via Charge ID 10373550 with Reliance Capital Ltd was fully satisfied on 15 Oct 2015.
Charges
A charge registered on 21 Dec 2012 via Charge ID 10400989 with Reliance Home Finance Limited was fully satisfied on 09 Mar 2015.
Ceased
Bidyutalata Kar ceased to be Director.
Ceased
Nityananda Kar ceased to be Director.

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:

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).