- #159 Ajay Balvantray Parekh & family ₹23,300 Cr

Pagel Concrete Technologies Private Limited
About Pagel Concrete Technologies Private Limited
Data last updated:
Pagel Concrete Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pidilite Industries Limited. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 29 November 1994 and has been in existence for over 32 years.
Its director Ajay Balvantray Parekh and family are #159 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U26933MH1994PTC083342. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Bharat Odhavji Mehta and Sunil Dinkar Burde.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Regent Chambers 7th Floor Jamnalal Bajaj Marg 208 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per MCA filings, the company has satisfied charges of ₹28.5 Lakh on record. The company has 2 deals on record (2 secondary share transfers); the latest was in August 2013. Its 10 peer companies in the Manufacturing industry (Construction Materials) are compared by revenue, 5 larger and 5 smaller; the largest is Innovus Industries Private Limited with revenue of ₹5,888.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Pagel Concrete Technologies
Contact details
Pagel Concrete Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressRegent Chambers 7th Floor Jamnalal Bajaj Marg 208 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryManufacturing, Construction Materials
To see the full contact details of Pagel Concrete Technologies 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
Financials of Pagel Concrete Technologies Private Limited
FY 2025 filings availablePagel Concrete Technologies Private Limited reported revenue of ₹5,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years. 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
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Financial Ratios
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To see the full financial statements and ratios of Pagel Concrete Technologies Private Limited, buy the company report.
Board of directors of Pagel Concrete Technologies Private Limited
Pagel Concrete Technologies has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Odhavji Mehta Also directs: Purple Corporate Services LLP, Pidichem Private Limited, Building Envelope Systems India Limited and 2 more | Director | 21 May 2007 | 19 Years 5 Months | Current |
| Sunil Dinkar Burde Also directs: Ruchiket Private Limited, PMW Financial Services Private Limited, Bhimad Commercial Company Private Limited and 3 more | Director | 24 Mar 2025 | 1 Years 7 Months | Current |
| Ajay Balvantray Parekh Also directs: Parbro Trading LLP, Pidilite Industries Limited, Vinyl Chemicals (India) Limited and 5 more | Director | 24 Jan 2007 | 19 Years 9 Months | Current |
Peer comparison
Pagel Concrete Technologies Private Limited is compared with the 10 companies closest to it by revenue in the Manufacturing industry (Construction Materials), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Innovus Industries Private Limited | ₹5,888 (FY 2025) | -74.0% | Delhi, India | |||
| Hardroclite Industries Private Limited | ₹5,395 (FY 2025) | Bijapur, Karnataka, India | ||||
| SBN Works India (OPC) Private Limited | ₹5,250 (FY 2025) | -90.0% | Patna, Bihar, India | |||
| Maa Narmada Aggregates Private Limited | ₹5,021 (FY 2024) | Indore, Madhya Pradesh, India | ||||
| R K Stoneware Private Limited | ₹5,005 (FY 2017) | New Delhi, Delhi, India | ||||
| Pagel Concrete Technologies Private Limitedthis company | ₹5,000 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Pinnakkanadu Building Solutions Private Limited | ₹4,658 (FY 2024) | Kottayam, Kerala, India | ||||
| G+H Montage Indira Industries Private Limited | ₹4,310 (FY 2025) | -99.0% | Vellore, Tamil Nadu, India | |||
| Kottayam Tile Works Ltd | ₹4,246 (FY 2019) | Kottyam, Kerala, India | ||||
| Arcihs Thermal Engineers Private Limited | ₹4,100 (FY 2022) | Bangalore, Karnataka, India | ||||
| Revacon Buildtech Private Limited | ₹4,099 (FY 2024) | Umargam, Gujarat, India |
To see the full peer comparison of Pagel Concrete Technologies Private Limited, buy the company report.
Auditor
Pagel Concrete Technologies Private Limited is audited by A L KAPANI & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A L KAPANI & CO | FY 2021 | 104796W |
Shareholding
The shareholding of Pagel Concrete Technologies Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
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To see the full shareholding pattern of Pagel Concrete Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Apr 2004 | 90154035 | The Saraswat Co-Op Bank Ltd. | ₹8.5 Lakh | Satisfied | |
| 26 Nov 2002 | 90153928 | The Saraswat Co-Op Bank Ltd. | ₹5 Lakh | Satisfied | |
| 11 Jan 1997 | 90153343 | The Saraswat Co-Op Bank Ltd. | ₹15 Lakh | Satisfied |
To see the full charge records of Pagel Concrete Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Pagel Concrete Technologies Private Limited has 2 deals on record (2 secondary share transfers); the latest was in August 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: Pidilite Industries Limited Seller: an individual |
| Jul 2007 | Secondary share transfer | Undisclosed | Buyer: Pidilite Industries Limited Seller: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Pagel Concrete Technologies 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 Pagel Concrete Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Pagel Concrete Technologies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Pagel Concrete Technologies Private Limited, buy the company report.
Recent activity
Pagel Concrete Technologies Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Priykant Chhotalal Patel ceased to be Director on 25 Mar 2025.
5 earlier events are in the company report.
Frequently asked questions
Pagel Concrete Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 29 November 1994 (32+ years old) and is registered under CIN U26933MH1994PTC083342.
Pagel Concrete Technologies has 3 current directors:
- Bharat Odhavji Mehta - Director
- Sunil Dinkar Burde - Director
- Ajay Balvantray Parekh - Director
The latest financial statements of Pagel Concrete Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from 2015 are in the company report.
No. Pagel Concrete Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Pagel Concrete Technologies is U26933MH1994PTC083342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pagel Concrete Technologies was incorporated on 29 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Pagel Concrete Technologies has 2 deals on record (2 secondary share transfers); the latest was in August 2013.
The peers of Pagel Concrete Technologies by revenue are Innovus Industries Private Limited, Hardroclite Industries Private Limited, SBN Works India (OPC) Private Limited, Maa Narmada Aggregates Private Limited, R K Stoneware Private Limited and 5 more, all in the Manufacturing industry (Construction Materials).
Priykant Chhotalal Patel ceased to be Director on 25 Mar 2025. Sunil Dinkar Burde was appointed as Director on 24 Mar 2025. Sunil Dinkar Burde ceased to be Additional Director on 24 Mar 2025. Pagel Concrete Technologies has 7 board changes on record in total.
The registered office of Pagel Concrete Technologies is at Regent Chambers 7th Floor Jamnalal Bajaj Marg 208 Nariman Point, Mumbai, Maharashtra, India – 400021.
Pagel Concrete Technologies operates in the manufacturing industry, in the construction materials segment.

