About Pandhe Infracons Private Limited
Data last updated:
Pandhe Infracons Private Limited is a private limited company based in Solapur, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 18 December 2008.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45202PN2008PTC143307. Its GSTIN is 19AAECP9086A1Z8 (West Bengal). The company holds 7 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹29.65 Cr. It is led by directors including Mehul Ashok Mulay and Brijendra Kumar Mishra (Irp/Rp/Liquidator).
Its last annual general meeting (AGM) was held on 02 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 157 Railway Lines, Solapur, Maharashtra, India – 413001.
As per the financials filed for FY 2021, the company reported a revenue of ₹91.83 Cr, a growth of 56% compared to the previous year. For the same year it recorded a net loss of ₹124.49 Cr (net margin -135.6%) and EBITDA of -₹55.79 Cr (EBITDA margin -60.8%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 26% over five years.
The company has about 16 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1,032.9 Cr and satisfied charges of ₹56 Cr on record. Court records list 142 cases involving the company, including 40 filed by the company and 102 filed against it; 30 cases are pending. The company has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹89.09 Cr; the latest was in September 2015.
The last known website on record is pandheconstruction.com.
Company details
CIN history
Pandhe Infracons has one previous CIN (Corporate Identification Number): U45202MH2008PTC189029. The current CIN is U45202PN2008PTC143307, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45202PN2008PTC143307 | Current |
| U45202MH2008PTC189029 | Previous |
Contact details
Pandhe Infracons 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
- Social Media
- Registered Address157 Railway Lines, Solapur, Maharashtra, India – 413001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Pandhe Infracons 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 Infracons 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 Infracons Private Limited, buy the company report.
Financials of Pandhe Infracons Private Limited
FY 2021 filings availablePandhe Infracons Private Limited reported revenue of ₹91.83 Cr (up 56% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 56% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. EBITDA fell 145% 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 | -₹55.79 Cr | ||||
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| Net Profit (PAT) | -₹124.49 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 | -60.8% | ||||
| Net Profit Margin | -135.6% | ||||
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To see the full financial statements and ratios of Pandhe Infracons Private Limited, buy the company report.
Board of directors of Pandhe Infracons Private Limited
Pandhe Infracons has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Ashok Mulay | Director | 20 Sep 2019 | 7 Years 1 Months | As last reported |
| Brijendra Kumar Mishra Also directs: KSL Apparels Limited, Jaybharat Apparels Limited, Eskay Apparel Parks Limited and 2 more | Irp/Rp/Liquidator | 08 Sep 2023 | 3 Years 2 Months | As last reported |
| Rohini Anil Pandhe | Director | 18 Dec 2008 | 17 Years 10 Months | As last reported |
Auditor
Pandhe Infracons 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 Infracons Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Pandhe Infracons Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2017 | 100095499 | Others | ₹4 Cr | Open | |
| 24 Mar 2017 | 100097487 | Vidyanand Co-Operative Bank Limited | ₹1.25 Cr | Open | |
| 06 Oct 2016 | 100108451 | Others | ₹15 Cr | Open | |
| 30 May 2016 | 100034328 | Others | ₹5 Cr | Open | |
| 06 May 2016 | 100030244 | The Kalupur Commercial Co-Operative Bank Limited | ₹5 Cr | Open |
To see the full charge records of Pandhe Infracons Private Limited, buy the company report.
Total charge records: 60 View all charges
Deals & funding
Pandhe Infracons Private Limited has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹89.09 Cr; the latest was in September 2015.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2015 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹37.05 Cr | Investors: Pandhe Constructions Private Limited , 2 individuals |
| Mar 2013 | Funding round | ₹11.04 Cr | Investors: Pandhe Constructions Private Limited , Pandhe Hospitality Private Limited , 2 individuals |
| Mar 2011 | Funding round | ₹25 Cr | Investors: Pandhe Hospitality Private Limited |
To see the full deal history of Pandhe Infracons 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 Infracons Private Limited has 142 court cases on record: 40 filed by Pandhe Infracons, 102 filed against it. 30 cases are pending and 112 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 103 | 94 | 20 |
| High courts | 36 | 5 | 9 |
| NCLT | 3 | 3 | 1 |
Cases on record (5 of 142)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Sharp Designers and Engineers India Private Limited | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by Avexa Corporation Pvt Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, Jhajjar, Haryana | Commercial suit | Filed against the company by M/S Somany Ceramics Ltd. Kassar Through Atul Kumar | Disposed |
| District court, Shahdara, Delhi | Criminal case | Filed against the company by Material Movell India Pvt. Ltd. | Disposed |
To see the full case history of Pandhe Infracons 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 Infracons Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pandhe Infracons has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Highway Research Private Limited | U73100MH2010PTC199190 |
To see the full group structure of Pandhe Infracons Private Limited, buy the company report.
Employees & EPFO
Pandhe Infracons Private Limited has a workforce of 16 employees on its EPFO records as of Apr 04, 2024, across 3 active EPFO establishments.
GST
Pandhe Infracons has 7 GST registrations: 4 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECP9086A1Z8 | West Bengal | Active | 01 Jul 2017 |
| 22AAECP9086A1ZL | Chhattisgarh | Active | 01 Jul 2017 |
| 24AAECP9086A1ZH | Gujarat | Active | 01 Jul 2017 |
| 27AAECP9086A1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pandhe Infracons Private Limited, buy the company report.
Recent activity
Pandhe Infracons Private Limited has 6 board changes on record since 2008: 3 appointments and 3 cessations. The latest: Brijendra Kumar Mishra was appointed as Irp/Rp/Liquidator on 08 Sep 2023.
79 earlier events are in the company report.
Frequently asked questions
Pandhe Infracons is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Pandhe Infracons is a company under liquidation, formerly operating as a 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 18 December 2008 and is registered under CIN U45202PN2008PTC143307. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Pandhe Infracons has 3 current directors:
- Mehul Ashok Mulay - Director
- Rohini Anil Pandhe - Director
- Brijendra Kumar Mishra - Irp/Rp/Liquidator
The latest financial statements of Pandhe Infracons on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 02 September 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Pandhe Infracons is U45202PN2008PTC143307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pandhe Infracons has open charges of ₹1,032.9 Cr and satisfied charges of ₹56 Cr as per latest MCA filings.
Pandhe Infracons has 142 court cases on record: 40 filed by the company and 102 filed against it. 30 are pending. Most are in the district courts.
Pandhe Infracons was incorporated on 18 December 2008. It is registered with the Registrar of Companies, Pune.
Pandhe Infracons has 8 deals on record (4 funding rounds, 4 secondary share transfers), with disclosed funding of ₹89.09 Cr; the latest was in September 2015.
Brijendra Kumar Mishra was appointed as Irp/Rp/Liquidator on 08 Sep 2023. Ankur Anil Pandhe ceased to be Managing Director on 20 Sep 2019. Mehul Ashok Mulay was appointed as Director on 20 Sep 2019. Pandhe Infracons has 6 board changes on record in total.
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