India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,174 Sagar Chordia ₹2,100 Cr
Revenue · FY 2024
₹346.2 Cr
▲ 62% YoY
Net profit · FY 2024
₹16.52 Cr
Net margin 4.8%
EBITDA · FY 2024
₹77.35 Cr
EBITDA margin 22.3%
Authorised capital
₹121 Cr
Registered with MCA
Paid-up capital
₹114 Cr
Issued & subscribed
Open charges
₹552 Cr
Satisfied ₹1,522.64 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
9
Provident fund records
About Panchshil Realty and Developers Private Limited
Data last updated:
Panchshil Realty and Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 27 November 2006 and has been in existence for over 20 years.
Its director Sagar Chordia is #1,174 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45202PN2006PTC129273. Its GSTIN is 27AAACZ2746F1ZA (Maharashtra).
The company has an authorised share capital of ₹121 Cr and a paid-up capital of ₹114 Cr. It was formerly known as Zero G Apartments Private Limited. It is led by directors Sagar Ishwardas Chordia and Farookh Khan Noormohammad.
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 Techpark, Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹346.2 Cr, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹16.52 Cr (net margin 4.8%) and EBITDA of ₹77.35 Cr (EBITDA margin 22.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 19% over five years.
The company has about 9 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary and 3 joint ventures.
The company is associated with 1 brand: Panchshil. As per MCA filings, the company has open charges of ₹552 Cr and satisfied charges of ₹1,522.64 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (1 secondary share transfer, 1 funding round, 1 acquisition), with disclosed funding of ₹111 Cr; the latest was in April 2019. Its 6 peer companies in the Outsourcing industry (Builders and Developers, Consulting Services, Furniture Retail and Distribution), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 3 smaller; the largest is Maars Infra Developers Private Limited with revenue of ₹353.03 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panchshil.com.
Company details
CIN U45202PN2006PTC129273
Registration Number 129273
Incorporation Date 27 November 2006
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Recognitions & Rankings of Panchshil Realty and Developers
Contact details
Panchshil Realty and Developers Private Limited's registered office is in Pune, Maharashtra. Its website is panchshil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTechparkone Towere S.No.191A/2A/2 Nexttodonboscoschool Offairportroad Y, Erawada, Pune, Maharashtra, India – 411006
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Panchshil Realty and Developers Private Limited, buy the company report.
Comprehensive company report
Panchshil Realty and Developers Private Limited - one report that includes everything
- 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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Brands
Panchshil Realty and Developers operates one associated brand: Panchshil. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential buildings are developed by Panchshil in Pune, India. | panchshil.com |
Business activity
The main business activities of Panchshil Realty and Developers are real estate and trade. In detail, this covers real estate activities with own or leased property and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Panchshil Realty and Developers Private Limited, buy the company report.
Financials of Panchshil Realty and Developers Private Limited
FY 2024 filings availablePanchshil Realty and Developers Private Limited reported revenue of ₹346.2 Cr (up 62% YoY) for FY 2024.
Revenue · FY 2024
₹346.2 Cr ▲ 62%
Net profit · FY 2024
₹16.52 Cr margin 4.8%
EBITDA · FY 2024
₹77.35 Cr margin 22.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 62%
3 years · compounded
▲ 21%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 6%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 62% growth in the latest year. EBITDA fell 3% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹77.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.52 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.3% | ||||
| Net Profit Margin | 4.8% | ||||
| 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 Panchshil Realty and Developers Private Limited, buy the company report.
Board of directors of Panchshil Realty and Developers Private Limited
Panchshil Realty and Developers has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sagar Ishwardas Chordia | Director | 27 Nov 2006 | 19 Years 11 Months | Current |
| Farookh Khan Noormohammad | Director | 21 Mar 2018 | 8 Years 7 Months | Current |
Peer comparison
Panchshil Realty and Developers Private Limited is compared with the 6 companies closest to it by revenue in the Outsourcing industry (Builders and Developers, Consulting Services, Furniture Retail and Distribution), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maars Infra Developers Private Limited | ₹353.03 Cr (FY 2024) | 162588.0% | Bangalore, Karnataka, India | |||
| Wave Infratech Private Limited. | ₹352.12 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| True Value Homes (India) Private Limited | ₹346.2 Cr (FY 2025) | -15.0% | Chennai, Tamil Nadu, India | |||
| Panchshil Realty and Developers Private Limitedthis company | ₹346.2 Cr (FY 2024) | ₹16.52 Cr | 4.8% | 62.0% | Pune, Maharashtra, India | |
| Ambience Developers & Infrastructure Private Limited. | ₹342.56 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| L&T Realty Properties Limited | ₹342.11 Cr (FY 2025) | -80.0% | Mumbai, Maharashtra, India | |||
| Seaview Developers Private Limited | ₹342.01 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Panchshil Realty and Developers Private Limited, buy the company report.
Auditor
Panchshil Realty and Developers Private Limited is audited by GKDJ & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GKDJ & Associates | FY 2022 | 134509W |
Shareholding
The shareholding of Panchshil Realty and Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panchshil Realty and Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹552 Cr
Satisfied charges
₹1,522.64 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2025 | 101151124 | Standard Chartered Bank | ₹22 Cr | Open | |
| 27 Mar 2025 | 101079974 | Others | ₹350 Cr | Open | |
| 03 Dec 2024 | 101035313 | Others | ₹180 Cr | Open | |
| 03 Aug 2021 | 100473555 | Others | ₹18 Cr | Satisfied | |
| 22 Feb 2021 | 100421640 | Others | ₹70 Cr | Satisfied |
To see the full charge records of Panchshil Realty and Developers Private Limited, buy the company report.
Total charge records: 23 View all charges
Deals & funding
Panchshil Realty and Developers Private Limited has 3 deals on record (1 secondary share transfer, 1 funding round, 1 acquisition), with disclosed funding of ₹111 Cr; the latest was in April 2019.
Total deals
3
Secondary share transfer
1
Funding round
1
Acquisition
1
Disclosed funding
₹111 Cr
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2010 | Acquisition | ₹515.35 Cr | Buyer: The Xander Group |
| Jan 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
To see the full deal history of Panchshil Realty and Developers Private 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
Panchshil Realty and Developers Private Limited has 6 court cases on record: 5 filed by Panchshil Realty and Developers, 1 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 1 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Target Infra Developers LLP and 3 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Appeal | Filed by the company against individuals | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Slum Rehabilitation Authority, Pune and Pimpri Chinchwad Area Pune and Anr. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Sub Registrar Class II Haveli No.8, Pune An Dors | Disposed |
To see the full case history of Panchshil Realty and Developers Private 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 Panchshil Realty and Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Panchshil Realty and Developers has 1 subsidiary company, 3 joint ventures, and 5 associated companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
1
Subsidiary companies
3
Joint ventures
5
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Shahenshah Properties Private Limited | U70100PN1993PTC139076 |
To see the full group structure of Panchshil Realty and Developers Private Limited, buy the company report.
GST
Panchshil Realty and Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACZ2746F1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panchshil Realty and Developers Private Limited, buy the company report.
Recent activity
Panchshil Realty and Developers Private Limited has 7 board changes on record since 2006: 2 appointments and 5 cessations. The latest: Pradeep Meghraj Banthia ceased to be Director on 23 Dec 2021.
Charges
A charge with Standard Chartered Bank amounted to Rs. 22.00 Cr with Charge ID 101151124 was registered on 14 Aug 2025.
Charges
A charge with Others amounted to Rs. 350.00 Cr with Charge ID 101079974 was registered on 27 Mar 2025.
Charges
A charge with Others amounted to Rs. 180.00 Cr with Charge ID 101035313 was registered on 03 Dec 2024.
AGM
Panchshil Realty And Developers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Panchshil Realty And Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 22 Feb 2021 via Charge ID 100421640 with Others was fully satisfied on 23 Aug 2023.
Charges
A charge registered on 03 Nov 2017 via Charge ID 100143222 with Others was fully satisfied on 18 May 2023.
Charges
A charge registered on 15 Jul 2019 via Charge ID 100280266 with Hdfc Bank Limited was fully satisfied on 04 Nov 2022.
Charges
A charge registered on 10 Dec 2019 via Charge ID 100308530 with Others was fully satisfied on 13 Apr 2022.
Charges
A charge registered on 03 Aug 2021 via Charge ID 100473555 with Others was fully satisfied on 14 Jan 2022.
Charges
A charge registered on 27 Nov 2019 via Charge ID 100308521 with Others was fully satisfied on 14 Jan 2022.
Charges
A charge registered on 01 Jun 2017 via Charge ID 100106546 with Others was fully satisfied on 14 Jan 2022.
43 earlier events are in the company report.
News
Frequently asked questions
Panchshil Realty and Developers is an active private limited company based in Pune, Maharashtra, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 27 November 2006 (20+ years old) and is registered under CIN U45202PN2006PTC129273.
Panchshil Realty and Developers has 2 current directors:
- Sagar Ishwardas Chordia - Director
- Farookh Khan Noormohammad - Director
The latest financial statements of Panchshil Realty and Developers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Panchshil Realty and Developers is 27AAACZ2746F1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Panchshil Realty and Developers is U45202PN2006PTC129273. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panchshil Realty and Developers has 6 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Panchshil Realty and Developers was incorporated on 27 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Panchshil Realty and Developers has 3 deals on record (1 secondary share transfer, 1 funding round, 1 acquisition), with disclosed funding of ₹111 Cr; the latest was in April 2019.
The peers of Panchshil Realty and Developers by revenue are Maars Infra Developers Private Limited, Wave Infratech Private Limited, True Value Homes (India) Private Limited, Ambience Developers & Infrastructure Private Limited, L&T Realty Properties Limited and 1 more, all in the Outsourcing industry (Builders and Developers, Consulting Services, Furniture Retail and Distribution), with the same principal business activity (real estate activities with own or leased property).
Pradeep Meghraj Banthia ceased to be Director on 23 Dec 2021. Farookh Khan Noormohammad ceased to be Additional Director on 29 Sep 2018. Farookh Khan Noormohammad was appointed as Director on 21 Mar 2018. Panchshil Realty and Developers has 7 board changes on record in total.
Panchshil Realty and Developers can be reached through the website panchshil.com. Its registered office is in Pune, Maharashtra, India.
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