About Panache Developers Private Limited
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Panache Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2010PTC199110. Its GSTIN is 27AAFCP3050M1Z9 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3.99 Cr and a paid-up capital of ₹3.99 Cr. It is led by directors including Sunil Tolaram Kukreja and Yuvraj Sunil Kukreja.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 106 Oliva Apartment Cts No. 325 Pt And 326 Pt Behind Lakme Company Village Govandi, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.1 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.56 Lakh (net margin 42%) and EBITDA of ₹4.24 Lakh (EBITDA margin 69.4%). Revenue has grown at a compounded annual rate (CAGR) of 100% over five years.
As per MCA filings, the company has open charges of ₹83.18 Cr and satisfied charges of ₹42.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panachedevelopers.com.
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- TelephoneLocked
- Website
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- Registered Address106 Oliva Apartment Cts No. 325 Pt And 326 Pt Behind Lakme Company Village Govandi, Mumbai, Maharashtra, India – 400088
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
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Auditor Details of Panache Developers Private Limited
Panache Developers Private Limited is audited by NIKHIL D SHAH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKHIL D SHAH & CO | 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.
Board of Directors of Panache Developers Private Limited
Panache Developers has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Tolaram Kukreja Also directs: Victory Flask Company Private Limited, Ravi Estate Private Limited, Timestar Developers Private Limited and 5 more | Director | 09 Aug 2021 | 5 Years 1 Months | Current |
| Yuvraj Sunil Kukreja | Director | 15 Mar 2022 | 4 Years 6 Months | Current |
| Rupa Sunil Kukreja Also directs: Timestar Developers Private Limited, Aparanta Hotels Private Limited, Gromore Portfolio Fund Ltd. and 5 more | Director | 16 Apr 2022 | 4 Years 5 Months | Current |
| Rhea Sunil Kukreja Also directs: Maza Developers Private Limited, TGK School Foundation | Director | 04 Jul 2025 | 1 Years 3 Months | Current |
| Yashraj Sunil Kukreja Also directs: Maza Developers Private Limited, Saiom Developers Private Limited, Pole Star Infrastructure Private Limited and 5 more | Director | 15 Mar 2022 | 4 Years 6 Months | Current |
Financials of Panache Developers Private Limited FY 2024 filings available
Panache Developers Private Limited reported revenue of ₹6.1 Lakh (up 510.00% YoY) for FY 2024.
Growth of Panache Developers Private Limited
| Metric | 1-year growth | 5-year compounded (CAGR) |
|---|---|---|
| Revenue | ▲ 510% | ▲ 100% |
| Net profit | ▲ 540% | ▲ 21% |
Revenue has grown at a compounded annual rate (CAGR) of 100% over five years, including 510% growth 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 Panache Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.24 Lakh | •••• | •••• | •••• | •••• |
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| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.56 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Panache Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 42% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
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| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Panache Developers 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.
Ownership and Shareholding of Panache Developers Private 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 Panache Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Aug 2024 | Others | ₹50 Cr | Open |
| 28 Mar 2024 | Others | ₹2.55 Cr | Open |
| 27 Apr 2022 | Others | ₹30.63 Cr | Open |
| 19 Dec 2018 | State Bank of India | ₹42.5 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Panache Developers Private Limited
Employment history and EPFO contributions of people linked to Panache Developers.
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.
GST Compliance of Panache Developers Private Limited
Panache Developers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP3050M1Z9 | 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.
Credit Ratings, Litigation & Regulatory Alerts for Panache Developers Private 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 Panache Developers Private 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 Panache Developers Private 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.
MCA Filings & Documents of Panache Developers Private 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.
Recent Activity on Panache Developers Private Limited
Frequently Asked Questions about Panache Developers Private Limited
Panache Developers 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 20 January 2010 (16+ years old) and is registered under CIN U45202MH2010PTC199110.
Panache Developers reported revenue of ₹6.1 Lakh for FY 2024 (up 510.00% YoY).
Panache Developers has 5 current directors:
- Sunil Tolaram Kukreja - Director
- Yuvraj Sunil Kukreja - Director
- Rupa Sunil Kukreja - Director
- Rhea Sunil Kukreja - Director
- Yashraj Sunil Kukreja - Director
Panache Developers reported a net profit of ₹2.56 Lakh (net margin 42%) and EBITDA of ₹4.24 Lakh (EBITDA margin 69.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panache Developers is 100% over five years. In the latest year (FY 2024) revenue rose 510%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panache Developers is 27AAFCP3050M1Z9, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Panache Developers is U45202MH2010PTC199110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panache Developers was incorporated on 20 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Panache Developers can be reached through the website panachedevelopers.com. Its registered office is in Mumbai, Maharashtra, India.