Panagarh Udyog Private Limited
About Panagarh Udyog Private Limited
Data last updated:
Panagarh Udyog Private Limited is a private limited company based in Siliguri, West Bengal, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 20 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27100WB2013PTC199185. Its GSTIN is 19AAFCG4831P1Z2 (West Bengal).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.05 Cr. It was formerly known as Goyal Palace Private Limited. It is led by directors Mukesh Goyal and Indu Agarwal.
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 Pcm Tower Ground Floor 2nd Mile Sevoke Road, Siliguri, West Bengal, India – 734001.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.8 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2,939 (net margin -1.6%) and EBITDA of -₹1.83 Lakh (EBITDA margin -101.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹9.49 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Panagarh Udyog has one previous CIN (Corporate Identification Number): U70102WB2013PTC199185. The current CIN is U27100WB2013PTC199185, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27100WB2013PTC199185 | Current |
| U70102WB2013PTC199185 | Previous |
Contact details
Panagarh Udyog Private Limited's registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPcm Tower Ground Floor 2nd Mile Sevoke Road, Siliguri, West Bengal, India – 734001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Panagarh Udyog 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
Financials of Panagarh Udyog Private Limited
FY 2025 filings availablePanagarh Udyog Private Limited reported revenue of ₹1.8 Lakh (up 718% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 718% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.8 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2,939 | ||||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -101.5% | ||||
| Net Profit Margin | -1.6% | ||||
| 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 Panagarh Udyog Private Limited, buy the company report.
Board of directors of Panagarh Udyog Private Limited
Panagarh Udyog has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukesh Goyal Also directs: Ebp Developers LLP, Anderson Printing House Pvt Ltd, Sensitive Vanijya Private Limited and 5 more | Director | 16 Sep 2021 | 5 Years 1 Months | Current |
| Indu Agarwal Also directs: N E Ferro & Alloys Private Limited, Madhushree Finvest Pvt.Ltd., Commit Merchants Private Limited and 4 more | Director | 08 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Panagarh Udyog Private Limited is audited by MANISH P AGARWAL & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANISH P AGARWAL & CO. | FY 2023 | 326991E |
Shareholding
The shareholding of Panagarh Udyog Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panagarh Udyog Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2024 | 100964243 | Others | ₹2 Cr | Open | |
| 30 Dec 2023 | 100842256 | Others | ₹7.49 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Panagarh Udyog 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
No delayed payments to MSME suppliers are on our record for Panagarh Udyog Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panagarh Udyog has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAFCG4831P1Z2 | West Bengal | Active | 15 Jul 2022 |
To see the full GST registrations and return filing status of Panagarh Udyog Private Limited, buy the company report.
Recent activity
Panagarh Udyog Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Indu Agarwal was appointed as Director on 08 Sep 2023.
Frequently asked questions
Panagarh Udyog is an active private limited company based in Siliguri, West Bengal, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 20 December 2013 (13+ years old) and is registered under CIN U27100WB2013PTC199185.
Panagarh Udyog has 2 current directors:
- Mukesh Goyal - Director
- Indu Agarwal - Director
The latest financial statements of Panagarh Udyog 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 Panagarh Udyog is 19AAFCG4831P1Z2, registered in West Bengal.
The CIN (Corporate Identification Number) of Panagarh Udyog is U27100WB2013PTC199185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panagarh Udyog was incorporated on 20 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Kolkata.
Indu Agarwal was appointed as Director on 08 Sep 2023. Paras Goyal ceased to be Director on 08 Sep 2023. Pawan Gupta ceased to be Director on 21 Sep 2021. Panagarh Udyog has 6 board changes on record in total.
The registered office of Panagarh Udyog is at Pcm Tower Ground Floor 2nd Mile Sevoke Road, Siliguri, West Bengal, India – 734001.
Panagarh Udyog operates in the infrastructure and utilities industry, in the general construction services segment.
Panagarh Udyog has open charges of ₹9.49 Cr and no satisfied charges on record as per latest MCA filings.
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