About Panattoni India Development Private Limited
Data last updated:
Panattoni India Development Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Pg Europe Sarl. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 February 2022.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70109KA2022FTC157979. Its GSTIN is 29AAMCP6793L1ZC (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Mark James Connor and Robert Dobrzycki.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.57 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹1.94 Cr (net margin -15.4%) and EBITDA of -₹1.91 Cr (EBITDA margin -15.2%).
The company has about 12 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹90 Cr on record.
For more details, the company can be reached via its website panattoni.in.
Company details
Contact details
Panattoni India Development Private Limited's registered office is in Bangalore, Karnataka. Its website is panattoni.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGround Floor Kothari Pearl No. 72, Field Marshal Cariappa Road Ashok Nagar, Bangalore, Karnataka, India – 560025
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Panattoni India Development 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
Business activity
The main business activity of Panattoni India Development is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Panattoni India Development Private Limited, buy the company report.
Financials of Panattoni India Development Private Limited
FY 2025 filings availablePanattoni India Development Private Limited reported revenue of ₹12.57 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year. EBITDA fell 5% in the latest 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 |
|---|---|---|---|---|
| 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 | -₹1.91 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹1.94 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 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -15.2% | |||
| Net Profit Margin | -15.4% | |||
| 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 Panattoni India Development Private Limited, buy the company report.
Board of directors of Panattoni India Development Private Limited
Panattoni India Development has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark James Connor | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Robert Dobrzycki | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
| Nandu Ravikumar Also directs: Ponr Private Limited, Zippolighters India Private Limited, Mysongi India Private Limited and 5 more | Director | 16 Feb 2022 | 4 Years 8 Months | Current |
Auditor
Panattoni India Development Private Limited is audited by VARMA & VARMA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARMA & VARMA | FY 2023 | FRN 004532S |
Shareholding
The shareholding of Panattoni India Development Private Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Panattoni India Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2026 | 101224884 | The Hongkong and Shanghai Banking Corporation Limited | ₹90 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Panattoni India Development 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 Panattoni India Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panattoni India Development Private Limited has a workforce of 12 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Panattoni India Development has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCP6793L1ZC | Karnataka | Active | 14 May 2022 |
| 06AAMCP6793L1ZK | Haryana | Active | 31 May 2024 |
To see the full GST registrations and return filing status of Panattoni India Development Private Limited, buy the company report.
Recent activity
Panattoni India Development Private Limited has 3 board changes on record since 2022: 3 appointments. The latest: Mark James Connor was appointed as Director on 16 Feb 2022.
Frequently asked questions
Panattoni India Development is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 February 2022 (4+ years old) and is registered under CIN U70109KA2022FTC157979.
Panattoni India Development has 3 current directors:
- Mark James Connor - Director
- Robert Dobrzycki - Director
- Nandu Ravikumar - Director
The latest financial statements of Panattoni India Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Panattoni India Development is 29AAMCP6793L1ZC, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AAMCP6793L1ZK (Haryana).
The CIN (Corporate Identification Number) of Panattoni India Development is U70109KA2022FTC157979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panattoni India Development was incorporated on 16 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Bangalore.
Mark James Connor was appointed as Director on 16 Feb 2022. Nandu Ravikumar was appointed as Director on 16 Feb 2022. Robert Dobrzycki was appointed as Director on 16 Feb 2022.
Panattoni India Development can be reached through the website panattoni.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Panattoni India Development is at Ground Floor Kothari Pearl No. 72, Field Marshal Cariappa Road Ashok Nagar, Bangalore, Karnataka, India – 560025.
Panattoni India Development operates in the real estate and construction industry, in the real estate builders and developers segment.
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.
