About Palladium Constructions Private Limited
Data last updated:
Palladium Constructions Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of The Phoenix Mills Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 22 January 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2008PTC178115. Its GSTIN is 27AAECP5444J1Z6 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹140 Cr and a paid-up capital of ₹127.71 Cr. It is led by directors including Raghav Bajoria (Managing Director) and Sumeet Anand.
Its last annual general meeting (AGM) was held on 11 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹276.96 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹79.27 Cr (net margin 28.6%) and EBITDA of ₹114.24 Cr (EBITDA margin 41.2%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.
The company has about 282 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Phoenix One Bangalore West and Phoenix Mills. As per MCA filings, the company has satisfied charges of ₹550 Cr on record. Court records list 28 cases involving the company, including 17 filed by the company and 11 filed against it; 4 cases are pending. The company has 15 deals on record (8 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹365.82 Cr; the latest was in September 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 1 larger and 3 smaller; the largest is Gatil Properties Private Limited with revenue of ₹284.84 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2024, listing 79 overdue payments to 32 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onebangalorewest.in.
Company details
Contact details
Palladium Constructions Private Limited's registered office is in Mumbai, Maharashtra. Its website is onebangalorewest.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O Marketcity Resources Pvt Ltd R H Shree Laxmi Woollen Mills Estate Opp Sh, Akti Mills, Mumbai, Maharashtra, India – 400011
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Palladium Constructions 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
Brands
Palladium Constructions operates two associated brands: Phoenix One Bangalore West and Phoenix Mills. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for luxury residential properties in Bangalore West. | onebangalorewest.in | |
| Residential and commercial property development services are provided. | thephoenixmills.com |
Business activity
The main business activities of Palladium Constructions are construction and accommodation and food service. In detail, this covers buildings, accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and food and beverage services provided by hotels, restaurants, caterers, etc.. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | |
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. |
To see the full business activity and turnover split of Palladium Constructions Private Limited, buy the company report.
Financials of Palladium Constructions Private Limited
FY 2024 filings availablePalladium Constructions Private Limited reported revenue of ₹276.96 Cr (down 71% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 71% fall in the latest year. 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 |
|---|---|---|---|---|---|
| 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 | ₹114.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹79.27 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.2% | ||||
| Net Profit Margin | 28.6% | ||||
| 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 Palladium Constructions Private Limited, buy the company report.
Board of directors of Palladium Constructions Private Limited
Palladium Constructions has 4 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumeet Anand Also directs: Indwest Advisors LLP, The Phoenix Mills Limited, Island Star Mall Developers Private Limited and 5 more | Director | 10 Oct 2024 | 2 Years 1 Months | Current |
| Raghav Bajoria Also directs: Starboard Hotels Private Limited, Classic Housing Projects Private Limited, RKBK Limited and 5 more | Managing Director | 02 Nov 2023 | 3 Years 0 Months | Current |
| Rajesh Maruti Patil | Director | 31 Mar 2020 | 6 Years 7 Months | Current |
| Sunaina Kohli | Director | 12 Jul 2024 | 2 Years 3 Months | Current |
Peer comparison
Palladium Constructions Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Gatil Properties Private Limited | ₹284.84 Cr (FY 2025) | 3.0% | Ahmedabad, Gujarat, India | |||
| Palladium Constructions Private Limitedthis company | ₹276.96 Cr (FY 2025) | ₹79.27 Cr | 28.6% | -71.0% | 282 | Mumbai, Maharashtra, India |
| Hi-Class Buildcon Private Limited | ₹275.77 Cr (FY 2017) | 114.0% | Mumbai, Maharashtra, India | |||
| Reddy Structures Private Limited | ₹274.69 Cr (FY 2024) | 1.0% | Bangalore, Karnataka, India | |||
| Dra Aadithya South City Projects Private Limited | ₹274.02 Cr (FY 2025) | 19.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Palladium Constructions Private Limited, buy the company report.
Auditor
Palladium Constructions Private Limited is audited by A.M. Ghelani & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.M. Ghelani & Associates | FY 2023 | 103172W |
Shareholding
The shareholding of Palladium Constructions 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 Palladium Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2017 | 100129116 | Others | ₹70 Cr | Satisfied | |
| 07 Sep 2017 | 100125505 | Others | ₹220 Cr | Satisfied | |
| 26 Mar 2013 | 10425011 | Sbicap Trustee Company Limited | ₹130 Cr | Satisfied | |
| 26 Mar 2013 | 10425012 | Sbicap Trustee Company Limited | ₹130 Cr | Satisfied |
To see the full charge records of Palladium Constructions Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Palladium Constructions Private Limited has 15 deals on record (8 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹365.82 Cr; the latest was in September 2022.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited & Vidyasagar Pingali, The Phoenix Mills Limited Seller: Phoenix Hospitality Company Private Limited |
| May 2021 | Acquisition | ₹94.68 Cr | Buyer: Vamona Developers Private Limited |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: The Phoenix Mills Limited , Phoenix Hospitality Company Private Limited Seller: K2F Residential Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Phoenix Hospitality Company Private Limited , The Phoenix Mills Limited Seller: K2F Residential Limited, K2G Residential Limited |
| May 2013 | Secondary share transfer | Undisclosed | Seller: The Phoenix Mills Limited , K2G Residential Limited |
To see the full deal history of Palladium Constructions 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
Palladium Constructions Private Limited has 28 court cases on record: 17 filed by Palladium Constructions, 11 filed against it. 4 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 21 | 5 | 3 |
| District courts | 7 | 6 | 1 |
Cases on record (5 of 28)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.A.A.) | Filed against the company by Vistar Interior LLP | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Platinum Hospitality Services Private Ltd and 1 other | Disposed |
| High Court of Karnataka | Tax appeal | Filed by the company against Principal Commissioner of Central Tax | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
To see the full case history of Palladium Constructions 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
Palladium Constructions Private Limited has 11 MSME Form 1 returns on record between 2019 and 2024, listing 79 overdue payments to 32 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 (5 of 32)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mediasset Holdings | |||
| Artwall Design's Private Limited | |||
| Sinex Systems Private Limited | |||
| Crescent Technobuild Private Limited | |||
| Indigatech Building Solutions India Private Limited |
To see the full MSME payment records of Palladium Constructions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Palladium Constructions Private Limited has a workforce of 282 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Palladium Constructions has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP5444J1Z6 | Maharashtra | Active | 16 Aug 2017 |
| 29AAECP5444J1Z2 | Karnataka | Active | 01 Jul 2017 |
| 09AAECP5444J1Z4 | Uttar Pradesh | Active | 27 Oct 2017 |
| 19AAECP5444J1Z3 | West Bengal | Active | 06 Mar 2023 |
To see the full GST registrations and return filing status of Palladium Constructions Private Limited, buy the company report.
Recent activity
Palladium Constructions Private Limited has 38 board changes on record since 2008: 4 appointments and 34 cessations. The latest: Sumeet Anand ceased to be Additional Director on 24 Sep 2025.
38 earlier events are in the company report.
Frequently asked questions
Palladium Constructions 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 22 January 2008 (18+ years old) and is registered under CIN U45400MH2008PTC178115.
Palladium Constructions has 4 current directors:
- Raghav Bajoria - Managing Director
- Sumeet Anand - Director
- Rajesh Maruti Patil - Director
- Sunaina Kohli - Director
The latest financial statements of Palladium Constructions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 11 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Palladium Constructions is 27AAECP5444J1Z6, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 29AAECP5444J1Z2 (Karnataka), 09AAECP5444J1Z4 (Uttar Pradesh), 19AAECP5444J1Z3 (West Bengal).
The CIN (Corporate Identification Number) of Palladium Constructions is U45400MH2008PTC178115. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Palladium Constructions has 28 court cases on record: 17 filed by the company and 11 filed against it. 4 are pending. Most are in the high courts.
Palladium Constructions was incorporated on 22 January 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Palladium Constructions has 15 deals on record (8 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹365.82 Cr; the latest was in September 2022.
The peers of Palladium Constructions by revenue are Gatil Properties Private Limited, Hi-Class Buildcon Private Limited, Reddy Structures Private Limited, Dra Aadithya South City Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Sumeet Anand ceased to be Additional Director on 24 Sep 2025. Shweta Pradeep Vyas ceased to be Director on 03 Nov 2024. Sumeet Anand was appointed as Director on 10 Oct 2024. Palladium Constructions has 38 board changes on record in total.
Palladium Constructions has 11 MSME Form 1 returns on record between 2019 and 2024, listing 79 overdue payments to 32 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Palladium Constructions can be reached through the website onebangalorewest.in. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
