
Palchin Real Estates Private Limited
About Palchin Real Estates Private Limited
Data last updated:
Palchin Real Estates Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH1995PTC084751. Its GSTIN is 27AABCP4365P1ZV (Maharashtra).
The company has an authorised share capital of ₹15.2 Cr and a paid-up capital of ₹5 Lakh. It is led by directors Venkatesh Gopalakrishnan and Umang Bhardwaja.
Its last annual general meeting (AGM) was held on 31 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹90.45 Lakh, a decline of 95% compared to the previous year. For the same year it recorded a net loss of ₹148.62 Cr and EBITDA of -₹16.69 Cr. Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 104% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹6,000 Cr and satisfied charges of ₹13,380 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Palchin Real Estates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSp Centre 41/44 Minoo Desai Marg, Colaba, Mumbai, Maharashtra, India – 400005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Palchin Real Estates 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 Palchin Real Estates is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
Financials of Palchin Real Estates Private Limited
FY 2025 filings availablePalchin Real Estates Private Limited reported revenue of ₹90.45 Lakh (down 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 95% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 104%. EBITDA fell 73% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹16.69 Cr | ||||
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| Net Profit (PAT) | -₹148.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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To see the full financial statements and ratios of Palchin Real Estates Private Limited, buy the company report.
Board of directors of Palchin Real Estates Private Limited
Palchin Real Estates has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatesh Gopalakrishnan Also directs: Pravahan Ventures LLP, Relationship Properties Private Limited, Shapoorji Pallonji Real Estate Private Limited and 5 more | Director | 06 Feb 2014 | 12 Years 9 Months | Current |
| Umang Bhardwaja | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
Auditor
Palchin Real Estates Private Limited is audited by Nayan Parikh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nayan Parikh & Co. | FY 2023 | 107023W |
Shareholding
The shareholding of Palchin Real Estates 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 Palchin Real Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Nov 2022 | 100856820 | Others | ₹2,400 Cr | Open | |
| 07 Jun 2022 | 100583084 | Others | ₹3,600 Cr | Open | |
| 29 Dec 2023 | 100879973 | Others | ₹12,630 Cr | Satisfied | |
| 29 Dec 2023 | 100880009 | Others | ₹750 Cr | Satisfied |
To see the full charge records of Palchin Real Estates Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Palchin Real Estates 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
Palchin Real Estates Private Limited has 7 MSME Form 1 returns on record between 2020 and 2023, listing 10 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Zayn Consulting Private Limited | |||
| Sharp & Tannan Associates |
To see the full MSME payment records of Palchin Real Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Palchin Real Estates has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Mrunmai Properties Limited | U45200MH2012PLC227292 |
To see the full group structure of Palchin Real Estates Private Limited, buy the company report.
GST
Palchin Real Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP4365P1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Palchin Real Estates Private Limited, buy the company report.
Recent activity
Palchin Real Estates Private Limited has 22 board changes on record since 2000: 12 appointments and 10 cessations. The latest: Neerav Amreet Parmar ceased to be Director on 01 Apr 2025.
22 earlier events are in the company report.
Frequently asked questions
Palchin Real Estates is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 January 1995 (31+ years old) and is registered under CIN U70200MH1995PTC084751.
Palchin Real Estates has 2 current directors:
- Venkatesh Gopalakrishnan - Director
- Umang Bhardwaja - Director
The latest financial statements of Palchin Real Estates on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 October 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Palchin Real Estates is 27AABCP4365P1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Palchin Real Estates is U70200MH1995PTC084751. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palchin Real Estates was incorporated on 19 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Neerav Amreet Parmar ceased to be Director on 01 Apr 2025. Umang Bhardwaja was appointed as Director on 28 Mar 2025. Subodh Vinayak Pagnis ceased to be Director on 31 Mar 2021. Palchin Real Estates has 22 board changes on record in total.
Palchin Real Estates has 7 MSME Form 1 returns on record between 2020 and 2023, listing 10 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jan 2024.
The registered office of Palchin Real Estates is at Sp Centre 4144 Minoo Desai Marg, Colaba, Mumbai, Maharashtra, India – 400005.
Palchin Real Estates operates in the real estate and construction industry, in the real estate builders and developers segment.
Palchin Real Estates has open charges of ₹6,000 Cr and satisfied charges of ₹13,380 Cr as per latest MCA filings.

