About Panda Technologies India Private Limited
Data last updated:
Panda Technologies India Private Limited is a private limited company based in Bhopal, Madhya Pradesh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 18 April 2000.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U74210MP2000PTC014180. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.79 Lakh. It is led by directors including Mangesh Kekre Vitthal (Irp/Rp/Liquidator) and Rajendra Narayan Panda.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 24 – Ist Floor Zone – II M.P.Nagar, Bhopal, Madhya Pradesh, India.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.24 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹2.39 Lakh (net margin -33%) and EBITDA of ₹1.08 Lakh (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 59% over five years.
As per MCA filings, the company has open charges of ₹17.16 Cr and satisfied charges of ₹11.9 Cr on record. Court records list 22 cases involving the company, including 1 filed by the company and 21 filed against it; 7 cases are pending.
The last known website on record is pandaindia.com.
Company details
Contact details
Panda Technologies India Private Limited's registered office is in Bhopal, Madhya Pradesh. Its website is pandaindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address24 – Ist Floor Zone – II M.P.Nagar, Bhopal, Madhya Pradesh, India
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Panda Technologies India 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 Panda Technologies India is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Panda Technologies India Private Limited, buy the company report.
Financials of Panda Technologies India Private Limited
FY 2023 filings availablePanda Technologies India Private Limited reported revenue of ₹7.24 Lakh (down 28% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 59% over five years, including a 28% fall in the latest year. EBITDA fell 63% 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 |
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| EBITDA | ₹1.08 Lakh | ||||
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| Net Profit (PAT) | -₹2.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | -33% | ||||
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To see the full financial statements and ratios of Panda Technologies India Private Limited, buy the company report.
Board of directors of Panda Technologies India Private Limited
Panda Technologies India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangesh Kekre Vitthal Also directs: MVK Ipe LLP | Irp/Rp/Liquidator | 25 Feb 2025 | 1 Years 8 Months | As last reported |
| Rajendra Narayan Panda | Director | 18 Apr 2000 | 26 Years 6 Months | As last reported |
| Bharati Panda | Director | 18 Apr 2000 | 26 Years 6 Months | As last reported |
Auditor
Panda Technologies India Private Limited is audited by RONAK B PATEL & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RONAK B PATEL & COMPANY | FY 2022 | 019858C |
Shareholding
The shareholding of Panda Technologies India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panda Technologies India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2014 | 10527438 | Others | ₹17.16 Cr | Open | |
| 20 Nov 2000 | 90208752 | State Bank of India | ₹11.9 Cr | Satisfied |
To see the full charge records of Panda Technologies India Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Panda Technologies India Private Limited has 22 court cases on record: 1 filed by Panda Technologies India, 21 filed against it. 7 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 15 | 6 |
| High courts | 4 | 4 | 1 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bhopal, Madhya Pradesh | Court case (EX B) | Filed against the company by M/S Valvoline Cummins Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Time Technoplast Ltd | Pending |
| NCLT, Indore | Insolvency matter | Filed against the company by Omkara Assets Reconstruction Privatelimited | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by Omkara Assets Reconstruction Private Limited | Disposed |
To see the full case history of Panda Technologies India 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 Panda Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Panda Technologies India Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Panda Technologies India has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Panda Technologies India Private Limited, buy the company report.
Recent activity
Panda Technologies India Private Limited has 3 board changes on record since 2000: 3 appointments. The latest: Mangesh Kekre Vitthal was appointed as Irp/Rp/Liquidator on 25 Feb 2025.
Frequently asked questions
Panda Technologies India is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Panda Technologies India is a company under insolvency, formerly operating as a private limited company based in Bhopal, Madhya Pradesh, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 18 April 2000 and is registered under CIN U74210MP2000PTC014180. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Panda Technologies India has 3 current directors:
- Rajendra Narayan Panda - Director
- Bharati Panda - Director
- Mangesh Kekre Vitthal - Irp/Rp/Liquidator
The latest financial statements of Panda Technologies India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Panda Technologies India is U74210MP2000PTC014180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panda Technologies India has open charges of ₹17.16 Cr and satisfied charges of ₹11.9 Cr as per latest MCA filings.
Panda Technologies India has 22 court cases on record: 1 filed by the company and 21 filed against it. 7 are pending. Most are in the district courts.
Panda Technologies India was incorporated on 18 April 2000. It is registered with the Registrar of Companies, Gwalior.
Mangesh Kekre Vitthal was appointed as Irp/Rp/Liquidator on 25 Feb 2025. Bharati Panda was appointed as Director on 18 Apr 2000. Rajendra Narayan Panda was appointed as Director on 18 Apr 2000.
Panda Technologies India can be reached through the website pandaindia.com. Its registered office is in Bhopal, Madhya Pradesh, India.