About Pan India Network Infravest Limited
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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 163 cases involving the company, including 125 filed by the company and 38 filed against it; 16 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.
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.
Company details
Name history
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
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 |
Contact details
Pan India Network Infravest Limited's registered office is in Mumbai, Maharashtra. Its website is esselgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressContinental Building135 Dr Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryEngineering, Procurement & Construction (EPC), Engineering
To see the full contact details of Pan India Network Infravest 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 Pan India Network Infravest is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Pan India Network Infravest Limited, buy the company report.
Financials of Pan India Network Infravest Limited
FY 2025 filings availablePan India Network Infravest Limited reported revenue of ₹12 Lakh (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹1.92 Cr | ||||
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| Net Profit (PAT) | -₹5.01 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 Pan India Network Infravest Limited, buy the company report.
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 |
Auditor
Pan India Network Infravest Limited is audited by Sarda & Pareek for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sarda & Pareek | FY 2022 | 109262W/W100673 |
Shareholding
The shareholding of Pan India Network Infravest 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Pan India Network Infravest Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100429012 | Yes Bank Limited | ₹242 Cr | Open | |
| 02 May 2017 | 100100657 | Axis Bank Limited | ₹96.15 Cr | Open | |
| 31 Dec 2016 | 100102613 | Others | ₹450 Cr | Open | |
| 17 Aug 2016 | 100052388 | Idbi Trusteeship Services Limited | ₹525 Cr | Open | |
| 28 Jun 2016 | 100040450 | Idbi Trusteeship Services Limited | ₹1,480 Cr | Open |
To see the full charge records of Pan India Network Infravest Limited, buy the company report.
Total charge records: 32 View all charges
Deals & funding
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 |
To see the full deal history of Pan India Network Infravest 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
Pan India Network Infravest Limited has 163 court cases on record: 125 filed by Pan India Network Infravest, 38 filed against it. 16 cases are pending and 147 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 91 | 25 | 10 |
| District courts | 68 | 11 | 5 |
| Supreme Court | 4 | 2 | 1 |
Cases on record (5 of 163)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Yes Bank Ltd. | Pending |
| High Court, MAHARASHTRA | Appeal | Filed by the company against Leo Circuit Boards Pvt. Ltd. Navi Mumbai | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by World Crest Advisors LLP | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed by the company against M/S. N V Realty Pvt. Ltd. Through Its Authorized Signatory Mr. Sagar Abhorkar Facility Manager Uds | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Leo Circuit Boards Pvt. Ltd. Navi Mumbai | Disposed |
To see the full case history of Pan India Network Infravest 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
No delayed payments to MSME suppliers are on our record for Pan India Network Infravest Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
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 | |
| Essel (India) Solar Limited | U40300MH2016PLC280293 | |
| Sparkly Water Management Private Limited | U41000MH2018PTC309024 | |
| Enlivening Technologies Private Limited | U74120KA2014PTC075329 |
To see the full group structure of Pan India Network Infravest Limited, buy the company report.
Employees & EPFO
Pan India Network Infravest Limited has a workforce of 3 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
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 |
To see the full GST registrations and return filing status of Pan India Network Infravest Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 4 current directors and KMP:
- Babu Narayan Rai - Director
- Bhaskar Hanumant Thalesari - Director
- Pooja Ramesh Singh - Director
- Sushant Uday Jadhav - Cfo
The latest financial statements of Pan India Network Infravest 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 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 163 court cases on record: 125 filed by the company and 38 filed against it. 16 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.
Pooja Ramesh Singh ceased to be Additional Director on 29 Sep 2025. Sushant Uday Jadhav ceased to be Additional Director on 29 Sep 2025. Bhaskar Hanumant Thalesari was appointed as Director on 12 Feb 2025. Pan India Network Infravest has 30 board changes on record in total.
Pan India Network Infravest can be reached through the website esselgroup.com. Its registered office is in Mumbai, Maharashtra, India.