Mangesh Developers Private Limited
About Mangesh Developers Private Limited
Data last updated:
Mangesh Developers Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the building construction segment of the construction sector. It was incorporated on 27 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA2007PTC043484. Its GSTIN is 29AAFCM3637H2Z9 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹80.5 Lakh. It is led by directors Kirti Pramod Nerlekar and Shilpa Bhalchandra Kodkany.
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 Cts No 4824C/A1 2nd Floor Kodkany Eye Centre Ayodya Nagar, Belgaum, Karnataka, India – 590010.
As per the financials filed for FY 2024, the company reported a revenue of ₹49.31 Lakh, a decline of 67% compared to the previous year. For the same year it recorded a net profit of ₹5.68 Lakh (net margin 11.5%) and EBITDA of ₹8.97 Lakh (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹97 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Mangesh Developers Private Limited's registered office is in Belgaum, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCts No 4824C/A1 2nd Floor Kodkany Eye Centre Ayodya Nagar, Belgaum, Karnataka, India – 590010
- IndustryConstruction, Buildings
To see the full contact details of Mangesh Developers 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 Mangesh Developers 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 Mangesh Developers Private Limited, buy the company report.
Financials of Mangesh Developers Private Limited
FY 2025 filings availableMangesh Developers Private Limited reported revenue of ₹49.31 Lakh (down 67% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 67% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 60% 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 | ₹8.97 Lakh | ||||
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| Net Profit (PAT) | ₹5.68 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 | 18.2% | ||||
| Net Profit Margin | 11.5% | ||||
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To see the full financial statements and ratios of Mangesh Developers Private Limited, buy the company report.
Board of directors of Mangesh Developers Private Limited
Mangesh Developers 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 |
|---|---|---|---|---|
| Kirti Pramod Nerlekar Also directs: Carrick Bend Realty LLP, Beleza Realty Private Limited, Casa Serai Resorts Private Limited and 2 more | Director | 27 Jul 2007 | 19 Years 3 Months | Current |
| Shilpa Bhalchandra Kodkany | Director | 30 Jan 2019 | 7 Years 9 Months | Current |
Peer comparison
Mangesh Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (construction of buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Omsai PNS Construction Private Limited | ₹49.58 Lakh (FY 2025) | -3.0% | Gaya, Bihar, India | |||
| Aryaman Landcraft Private Limited | ₹49.52 Lakh (FY 2025) | 17.0% | Merrut, Uttar Pradesh, India | |||
| Indiinfrabuild Constructions Private Limited | ₹49.42 Lakh (FY 2025) | -69.0% | Bengaluru, Karnataka, India | |||
| JKC Construction Private Limited | ₹49.38 Lakh (FY 2025) | Gurgaon, Haryana, India | ||||
| HBC Projects Private Limited | ₹49.34 Lakh (FY 2025) | -75.0% | Gandhinagar, Karnataka, India | |||
| Mangesh Developers Private Limitedthis company | ₹49.31 Lakh (FY 2024) | ₹5.68 Lakh | 11.5% | -67.0% | Belgaum, Karnataka, India | |
| B&M Constructions & Developments Private Limited | ₹49.31 Lakh (FY 2022) | 66.0% | Gurgaon, Haryana, India | |||
| Sara Buildmart Private Limited | ₹49.27 Lakh (FY 2025) | 869.0% | New Delhi, Delhi, India | |||
| Intercon Constructions (India) Private Limited | ₹49.15 Lakh (FY 2025) | 468.0% | Mumbai, Maharashtra, India | |||
| Sihare Iinfracon Private Limited | ₹49.12 Lakh (FY 2025) | -37.0% | Bilaspur, Chhattisgarh, India | |||
| Args Projects Private Limited | ₹49.1 Lakh (FY 2024) | 18784.0% | Thane, Maharashtra, India |
To see the full peer comparison of Mangesh Developers Private Limited, buy the company report.
Auditor
Mangesh Developers Private Limited is audited by ShivangiandLatkar for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ShivangiandLatkar | FY 2017 | 003836S |
Shareholding
The shareholding of Mangesh Developers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Mangesh Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2023 | 100700029 | Others | ₹97 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mangesh Developers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mangesh Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mangesh Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCM3637H2Z9 | Karnataka | Active | 13 Sep 2017 |
To see the full GST registrations and return filing status of Mangesh Developers Private Limited, buy the company report.
Recent activity
Mangesh Developers Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Kirti Pramod Nerlekar ceased to be Managing Director on 20 Oct 2022.
Frequently asked questions
Mangesh Developers is an active private limited company based in Belgaum, Karnataka, India. The company works in buildings, within the construction industry. It was incorporated on 27 July 2007 (19+ years old) and is registered under CIN U45201KA2007PTC043484.
Mangesh Developers has 2 current directors:
- Kirti Pramod Nerlekar - Director
- Shilpa Bhalchandra Kodkany - Director
The latest financial statements of Mangesh Developers 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 Mangesh Developers is 29AAFCM3637H2Z9, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Mangesh Developers is U45201KA2007PTC043484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mangesh Developers was incorporated on 27 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Mangesh Developers by revenue are Omsai PNS Construction Private Limited, Aryaman Landcraft Private Limited, Indiinfrabuild Constructions Private Limited, JKC Construction Private Limited, HBC Projects Private Limited and 5 more, all in the same principal business activity (construction of buildings).
Kirti Pramod Nerlekar ceased to be Managing Director on 20 Oct 2022. Shilpa Bhalchandra Kodkany was appointed as Director on 30 Jan 2019. Sudhir Sharad Redkar ceased to be Director on 12 Jan 2019. Mangesh Developers has 6 board changes on record in total.
The registered office of Mangesh Developers is at Cts No 4824CA1 2nd Floor Kodkany Eye Centre Ayodya Nagar, Belgaum, Karnataka, India – 590010.
Mangesh Developers operates in the construction industry, in the buildings segment.
Mangesh Developers has open charges of ₹97 Lakh and no satisfied charges on record as per latest MCA filings.
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