About Pan India Network Infravest Limited
Data last updated:
Pan India Network Infravest Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 28 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2001PLC133172. Its GSTIN is 27AACCP2459H1ZC (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹113.5 Cr and a paid-up capital of ₹111.13 Cr. It was formerly known as Pan India Network Infravest Private Limited and Playwin Infravest Private Limited. It is led by directors including Babu Narayan Rai and Bhaskar Hanumant Thalesari.
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 Continental Building135 Dr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2025, the company reported a revenue of ₹12 Lakh, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹5.01 Cr and EBITDA of -₹1.92 Cr. Revenue has declined at a compounded annual rate (CAGR) of 67% over three years.
The company has about 3 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹4,444.15 Cr and satisfied charges of ₹526.25 Cr on record. Court records list 146 cases involving the company, including 107 filed by the company and 22 filed against it; 15 cases are pending. The company has 29 deals on record (8 debt financings, 7 funding rounds, 7 convertible or debt financings), with disclosed funding of ₹6,179.98 Cr; the latest was in March 2018. Its 10 peer companies in the Engineering industry (Engineering Procurement and Construction) are compared by revenue, 5 larger and 5 smaller; the largest is V & B Infrastructure (I) Private Limited with revenue of ₹12.32 Lakh.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website esselgroup.com.
Name History of Pan India Network Infravest Limited
Pan India Network Infravest has undergone 2 name changes throughout its history. The company was previously known as Pan India Network Infravest Private Limited, and Playwin Infravest Private Limited. The current legal name is Pan India Network Infravest Limited.
| Company Name | Status |
|---|---|
| Pan India Network Infravest Limited | Current |
| Pan India Network Infravest Private Limited | Previous |
| Playwin Infravest Private Limited | Previous |
CIN History of Pan India Network Infravest Limited
Pan India Network Infravest has one previous CIN (Corporate Identification Number): U45201MH2001PTC133172. The current CIN is U45201MH2001PLC133172, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201MH2001PLC133172 | Current |
| U45201MH2001PTC133172 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressContinental Building135 Dr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryEngineering, Procurement & Construction (EPC), Engineering
- 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
- One PDF report, delivered after checkout
Business Activity of Pan India Network Infravest Limited
The main business activity of Pan India Network Infravest is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pan India Network Infravest Limited FY 2025 filings available
Pan India Network Infravest Limited reported revenue of ₹12 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Pan India Network Infravest Limited
Revenue has declined at a compounded annual rate (CAGR) of 67% over three years, including a 99% fall in the latest year. EBITDA fell 111% 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 of Pan India Network Infravest Limited
| 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 | -₹1.92 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.01 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 of Pan India Network Infravest Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pan India Network Infravest are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Pan India Network Infravest Limited
Pan India Network Infravest Limited currently reports 3 directors and 1 key managerial person. 28 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babu Narayan Rai Also directs: Essel Utilities Distribution Company Limited, Kakade Infrastructure Private Limited, BKC Redevelopment Private Limited and 5 more | Director | 04 Sep 2018 | 8 Years 1 Months | Current |
| Bhaskar Hanumant Thalesari | Director | 12 Feb 2025 | 1 Years 8 Months | Current |
| Sushant Uday Jadhav Also directs: Elouise Green Mobility Limited, Vizianagram MSW Private Limited, Tadepalligudem MSW Private Limited and 5 more | Cfo | 10 Jan 2025 | 1 Years 9 Months | Current |
| Pooja Ramesh Singh | Director | 10 Jan 2025 | 1 Years 9 Months | Current |
Peer Comparison of Pan India Network Infravest Limited
Pan India Network Infravest Limited is compared with the companies closest to it by revenue in the Engineering industry (Engineering Procurement and Construction). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V & B Infrastructure (I) Private Limited | ₹12.32 Lakh (FY 2019) | •••• | •••• | -74.0% | •••• | Nagpur, Maharashtra, India |
| Essen Restec Private Limited | ₹12.23 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Ivr Engineering & Projects Private Limited | ₹12.2 Lakh (FY 2019) | •••• | •••• | 40.0% | •••• | Secunderabad, Telangana, India |
| Elkraft Engineering Private Limited | ₹12.2 Lakh (FY 2024) | •••• | •••• | -59.0% | •••• | Aurnagabad, Maharashtra, India |
| Octagos Infratech Private Limited | ₹12.08 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Pan India Network Infravest Limited this company | ₹12 Lakh (FY 2025) | •••• | •••• | -99.0% | •••• | Mumbai, Maharashtra, India |
| Well-Flow Energy Private Limited | ₹11.99 Lakh (FY 2018) | •••• | •••• | 36.0% | •••• | Ahmedabad, Gujarat, India |
| Purun Mool Projects Private Limited | ₹11.96 Lakh (FY 2024) | •••• | •••• | -49.0% | •••• | Kasna, Uttar Pradesh, India |
| Titech Consultants Private Limited | ₹11.9 Lakh (FY 2024) | •••• | •••• | 38.0% | •••• | New Delhi, Delhi, India |
| Sunlite Electrical Company Private Limited | ₹11.88 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Innovative Masters Private Limited | ₹11.87 Lakh (FY 2024) | •••• | •••• | -40.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Pan India Network Infravest by revenue in the Engineering industry (Engineering Procurement and Construction), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pan India Network Infravest Limited
Pan India Network Infravest Limited is audited by Sarda & Pareek for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sarda & Pareek | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Pan India Network Infravest Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pan India Network Infravest Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Mar 2021 | Yes Bank Limited | ₹242 Cr | Open |
| 02 May 2017 | Axis Bank Limited | ₹96.15 Cr | Open |
| 31 Dec 2016 | Others | ₹450 Cr | Open |
| 17 Aug 2016 | Idbi Trusteeship Services Limited | ₹525 Cr | Open |
| 28 Jun 2016 | Idbi Trusteeship Services Limited | ₹1,480 Cr | Open |
Total charge records: 32 View all charges
Deals & Funding of Pan India Network Infravest Limited
Pan India Network Infravest Limited has 29 deals on record (8 debt financings, 7 funding rounds, 7 convertible or debt financings), with disclosed funding of ₹6,179.98 Cr; the latest was in March 2018.
Deals on record (5 of 29)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Agrani Infrastructure Works Private Limited Seller: Essel EM Infra Holding Company Limited |
| Mar 2016 | Debt financing | ₹12.11 Cr | Investors: Arm Infra & Utilities Private Limited , Spirit Textile Private Limited, Pan India Utilities Distribution Company Limited |
| Nov 2015 | Debt financing | ₹1,012.79 Cr | Investors: Spirit Textile Private Limited, Pan India Utilities Distribution Company Limited |
| Feb 2015 | Debt financing | ₹1,669.35 Cr | Investors: Khoobsurat Infra Private Limited , Spirit Textile Private Limited, Jayneer Infrapower & Multiventures Private Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Spirit Textile Private Limited Seller: Churu Trading Company Private Limited , Prajatama Trading Company Private Limited |
Full deal history
All 29 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Pan India Network Infravest Limited
Pan India Network Infravest Limited has 146 court cases on record: 107 filed by Pan India Network Infravest, 22 filed against it, 17 where it is another party. 15 cases are pending and 131 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 90 | 16 | 9 |
| District courts | 54 | 6 | 5 |
| Supreme Court | 2 | 0 | 1 |
Cases on record (5 of 146)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed by the company against Leo Circuit Boards P Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Leo Circuit Boards P Ltd | Disposed |
| District court, South, Delhi | Commercial suit | Filed by the company against Yes Bank Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against Nagdev Developers Private Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Leo Circuit Boards P Ltd | Disposed |
Full case history
All 146 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Pan India Network Infravest Limited
Pan India Network Infravest Limited has a workforce of 3 employees as of Mar 21, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Pan India Network Infravest Limited
Pan India Network Infravest has 4 subsidiary companies and 1 associated 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 |
|---|---|---|
| Essel Power Distribution Company Limited | U40300MH2013PLC243087 | Locked |
| Essel (India) Solar Limited | U40300MH2016PLC280293 | Locked |
| Sparkly Water Management Private Limited | U41000MH2018PTC309024 | Locked |
| Enlivening Technologies Private Limited | U74120KA2014PTC075329 | Locked |
Showing major subsidiaries. Total: 4.
Recent Activity on Pan India Network Infravest Limited
Pan India Network Infravest Limited has 30 board changes on record since 2007: 7 appointments and 23 cessations. The latest: Pooja Ramesh Singh ceased to be Additional Director on 29 Sep 2025.
83 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pan India Network Infravest Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pan India Network Infravest Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pan India Network Infravest Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pan India Network Infravest Limited
Pan India Network Infravest has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP2459H1ZC | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pan India Network Infravest Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Pan India Network Infravest Limited
Frequently Asked Questions about Pan India Network Infravest Limited
Pan India Network Infravest is an active public limited company based in Mumbai, Maharashtra, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 28 August 2001 (25+ years old) and is registered under CIN U45201MH2001PLC133172.
Pan India Network Infravest reported revenue of ₹12 Lakh for FY 2025 (down 99% YoY).
Pan India Network Infravest has 4 current directors and KMP:
- Babu Narayan Rai - Director
- Bhaskar Hanumant Thalesari - Director
- Pooja Ramesh Singh - Director
- Sushant Uday Jadhav - Cfo
Pan India Network Infravest reported a net loss of ₹5.01 Cr and EBITDA of -₹1.92 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Pan India Network Infravest is -67% over three years. In the latest year (FY 2025) revenue fell 99%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Pan India Network Infravest is 27AACCP2459H1ZC, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Pan India Network Infravest is U45201MH2001PLC133172. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pan India Network Infravest has 146 court cases on record: 107 filed by the company and 22 filed against it. 15 are pending. Most are in the high courts.
Pan India Network Infravest was incorporated on 28 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Pan India Network Infravest has 29 deals on record (8 debt financings, 7 funding rounds, 7 convertible or debt financings), with disclosed funding of ₹6,179.98 Cr; the latest was in March 2018.
The peers of Pan India Network Infravest by revenue are V & B Infrastructure (I) Private Limited, Essen Restec Private Limited, Ivr Engineering & Projects Private Limited, Elkraft Engineering Private Limited, Octagos Infratech Private Limited and 5 more, all in the Engineering industry (Engineering Procurement and Construction).