About Pandhe Constructions Private Limited
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Pandhe Constructions Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 March 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45201PN1988PTC046673. Its GSTIN is 27AAACP9228Q1ZQ (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Mehul Ashok Mulay and Rohini Anil Pandhe.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 157 Railway Lines Sushila Apartment Solapur – 413001, Maharashtra, India – 413001.
As per the financials filed for FY 2021, the company reported a revenue of ₹7.78 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.93 Cr (net margin -63.4%) and EBITDA of ₹1.9 Cr (EBITDA margin 24.5%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 31% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹906.85 Cr and satisfied charges of ₹26.9 Cr on record. Court records list 13 cases involving the company, including 3 filed by the company and 10 filed against it; 2 cases are pending. The company has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Lakh; the latest was in June 2015. Its 5 peer companies in the Infrastructure industry (Construction Services), with the same principal business activity (buildings) are compared by revenue, 1 larger and 4 smaller; the largest is Uday Residency Private Limited with revenue of ₹7.78 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website pandheconstruction.com.
Company details
CIN history
Pandhe Constructions has one previous CIN (Corporate Identification Number): U45201MH1988PTC046673. The current CIN is U45201PN1988PTC046673, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201PN1988PTC046673 | Current |
| U45201MH1988PTC046673 | Previous |
Contact details
Pandhe Constructions Private Limited's registered office is in Solapur, Maharashtra. Its website is pandheconstruction.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address157 Railway Lines Sushila Apartment Solapur – 413001, Maharashtra, India – 413001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Pandhe Constructions 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 Pandhe Constructions 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 Pandhe Constructions Private Limited, buy the company report.
Financials of Pandhe Constructions Private Limited
FY 2021 filings availablePandhe Constructions Private Limited reported revenue of ₹7.78 Cr (up 206% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 206% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 31%. EBITDA rose 889% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹1.9 Cr | ||||
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| Net Profit (PAT) | -₹4.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.5% | ||||
| Net Profit Margin | -63.4% | ||||
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To see the full financial statements and ratios of Pandhe Constructions Private Limited, buy the company report.
Board of directors of Pandhe Constructions Private Limited
Pandhe Constructions 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 |
|---|---|---|---|---|
| Mehul Ashok Mulay Also directs: Highway Research Private Limited | Director | 20 Sep 2019 | 7 Years 1 Months | Current |
| Rohini Anil Pandhe Also directs: Highway Research Private Limited | Director | 23 Mar 1988 | 38 Years 7 Months | Current |
Peer comparison
Pandhe Constructions Private Limited is compared with the 5 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Uday Residency Private Limited | ₹7.78 Cr (FY 2024) | 20.0% | Jaipur, Rajasthan, India | |||
| Pandhe Constructions Private Limitedthis company | ₹7.78 Cr (FY 2021) | -₹4.93 Cr | -63.4% | 206.0% | 20 | Solapur, Maharashtra, India |
| Orbis Engicon Limited | ₹7.78 Cr (FY 2024) | -23.0% | Ahmedabad, Gujarat, India | |||
| Neha Prime-Contracts (OPC) Private Limited | ₹7.78 Cr (FY 2025) | 103.0% | Pune, Maharashtra, India | |||
| Abiel Landmarks Private Limited | ₹7.77 Cr (FY 2024) | 143.0% | Pune, Maharashtra, India | |||
| Shreekantha Infrapromoters Private Limited | ₹7.76 Cr (FY 2024) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Pandhe Constructions Private Limited, buy the company report.
Auditor
Pandhe Constructions Private Limited is audited by N G DANTKALE & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N G DANTKALE & ASSOCIATES | FY 2020 | 128913W |
Shareholding
The shareholding of Pandhe Constructions Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pandhe Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Aug 2017 | 100137149 | Others | ₹2 Cr | Open | |
| 24 Mar 2017 | 100097489 | Vidyanand Co-Operative Bank Limited | ₹1.25 Cr | Open | |
| 30 May 2016 | 100034317 | Others | ₹5 Cr | Open | |
| 18 Apr 2016 | 100039884 | Others | ₹4 Cr | Open | |
| 07 Apr 2016 | 100034315 | Others | ₹15 Cr | Open |
To see the full charge records of Pandhe Constructions Private Limited, buy the company report.
Total charge records: 47 View all charges
Deals & funding
Pandhe Constructions Private Limited has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Lakh; the latest was in June 2015.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Pandhe Constructions 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
Pandhe Constructions Private Limited has 13 court cases on record: 3 filed by Pandhe Constructions, 10 filed against it. 2 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 6 | 6 | 1 |
| NCLAT | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Encore Asset Reconstruction Companyprivate Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Encore Asset Reconstruction Companyprivate Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Encore Asset Reconstruction Companyprivate Limited | Disposed |
| District court, Latur, Maharashtra | Civil suit | Filed against the company by Shri Dattachaityanya Infrastruture Pvt. Ltd. Other 2 | Pending |
| NCLT, NCLT Mumbai | Insolvency matter | Filed against the company by M/S. Twin City Urban Co-Operative Credit Society Ltd. | Pending |
To see the full case history of Pandhe Constructions 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 Pandhe Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Pandhe Constructions Private Limited has a workforce of 20 employees on its EPFO records as of Apr 04, 2024, across 2 active EPFO establishments.
GST
Pandhe Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP9228Q1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pandhe Constructions Private Limited, buy the company report.
Recent activity
Pandhe Constructions Private Limited has 6 board changes on record since 1988: 2 appointments and 4 cessations. The latest: Ankur Anil Pandhe ceased to be Director on 20 Sep 2019.
63 earlier events are in the company report.
Frequently asked questions
Pandhe Constructions is an active private limited company based in Solapur, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 March 1988 (38+ years old) and is registered under CIN U45201PN1988PTC046673.
Pandhe Constructions has 2 current directors:
- Mehul Ashok Mulay - Director
- Rohini Anil Pandhe - Director
The latest financial statements of Pandhe Constructions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Pandhe Constructions is 27AAACP9228Q1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Pandhe Constructions is U45201PN1988PTC046673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pandhe Constructions has 13 court cases on record: 3 filed by the company and 10 filed against it. 2 are pending. Most are in the nclt.
Pandhe Constructions was incorporated on 23 March 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.
Pandhe Constructions has 4 deals on record (3 secondary share transfers, 1 funding round), with disclosed funding of ₹2 Lakh; the latest was in June 2015.
The peers of Pandhe Constructions by revenue are Uday Residency Private Limited, Orbis Engicon Limited, Neha Prime-Contracts (OPC) Private Limited, Abiel Landmarks Private Limited, Shreekantha Infrapromoters Private Limited, all in the Infrastructure industry (Construction Services), with the same principal business activity (buildings).
Ankur Anil Pandhe ceased to be Director on 20 Sep 2019. Mehul Ashok Mulay was appointed as Director on 20 Sep 2019. Pooja Ankur Pandhe ceased to be Director on 05 Oct 2016. Pandhe Constructions has 6 board changes on record in total.
Pandhe Constructions can be reached through the website pandheconstruction.com. Its registered office is in Solapur, Maharashtra, India.