About Paranjape Schemes (Construction) Limited
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Paranjape Schemes (Construction) Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Paranjape Griha Nirman Pvt Ltd. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 September 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1987PLC044721. Its GSTIN is 27AACCP1941Q1Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹160.05 Cr and a paid-up capital of ₹94.73 Cr. It was formerly known as Paranjape Schemes (Construction) Private Limited. It is led by directors including Shrikant Purushottam Paranjape (Whole-Time Director) and Shashank Purushottam Paranjape (Officer In Default).
Its last annual general meeting (AGM) was held on 29 May 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1 Somnath Cts No 988 Rammandir Road Vile Parle East, Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2022, the company reported a revenue of ₹411.8 Cr, a growth of 115% compared to the previous year. For the same year it recorded a net loss of ₹140.53 Cr (net margin -34.1%) and EBITDA of ₹13.33 Cr (EBITDA margin 3.2%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 16% over five years.
The company has about 511 employees on its provident fund (EPFO) records. Its group structure includes 9 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Paranjape Schemes Construction. As per MCA filings, the company has open charges of ₹4,226.13 Cr and satisfied charges of ₹2,079.55 Cr on record. Court records list 102 cases involving the company, including 52 filed by the company and 50 filed against it; 33 cases are pending. The company has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹346.15 Cr; the latest was in May 2019. The company has 10 MSME Form 1 returns on record between 2021 and 2024, listing 2,639 overdue payments to 71 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pscl.in.
Company details
CIN history
Paranjape Schemes (Construction) has one previous CIN (Corporate Identification Number): U70100MH1987PTC044721. The current CIN is U70100MH1987PLC044721, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH1987PLC044721 | Current |
| U70100MH1987PTC044721 | Previous |
Contact details
Paranjape Schemes (Construction) Limited's registered office is in Mumbai, Maharashtra. Its website is pscl.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1 Somnath Cts No 988 Rammandir Road Vile Parle East, Mumbai, Maharashtra, India – 400057
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Paranjape Schemes (Construction) 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
Brands
Paranjape Schemes (Construction) operates one associated brand: Paranjape Schemes Construction. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate projects are developed in Pune, India. | pscl.in |
Business activity
The main business activity of Paranjape Schemes (Construction) is real estate. In detail, this covers real estate activities with own or leased property.
| 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 |
To see the full business activity and turnover split of Paranjape Schemes (Construction) Limited, buy the company report.
Financials of Paranjape Schemes (Construction) Limited
FY 2022 filings availableParanjape Schemes (Construction) Limited reported revenue of ₹411.8 Cr (up 115% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 115% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 16%. EBITDA rose 113% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹411.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹13.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹140.53 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | -34.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Paranjape Schemes (Construction) Limited, buy the company report.
Board of directors of Paranjape Schemes (Construction) Limited
Paranjape Schemes (Construction) has 4 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikant Purushottam Paranjape Also directs: La Casa Shelters LLP, Paranjape Griha Nirman Pvt Ltd, Kaleidoscope Developers Private Limited and 4 more | Whole-Time Director | 14 Apr 2005 | 21 Years 6 Months | Current |
| Shashank Purushottam Paranjape Also directs: La Casa Shelters LLP, Paranjape Griha Nirman Pvt Ltd, Forest Trails Cove Developers Private Limited and 5 more | Officer In Default | 17 Jul 2025 | 1 Years 3 Months | Current |
| Rajesh Vijay Hukeri | Director | 25 Mar 2021 | 5 Years 7 Months | Current |
| Shriniket Vijay Deshpande | Additional Director | 14 Nov 2024 | 1 Years 11 Months | Current |
Auditor
Paranjape Schemes (Construction) Limited is audited by MSKA & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Paranjape Schemes (Construction) 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 Paranjape Schemes (Construction) Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2025 | 101115812 | Others | ₹25 Cr | Open | |
| 21 May 2025 | 101115815 | Others | ₹120 Cr | Open | |
| 29 Mar 2025 | 101085252 | Others | ₹20 Cr | Open | |
| 27 Feb 2025 | 101091271 | Others | ₹16.5 Cr | Open | |
| 07 Nov 2023 | 100840839 | Others | ₹100 Cr | Open |
To see the full charge records of Paranjape Schemes (Construction) Limited, buy the company report.
Total charge records: 107 View all charges
Deals & funding
Paranjape Schemes (Construction) Limited has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹346.15 Cr; the latest was in May 2019.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2019 | Funding round | ₹275 Cr | Investors: Ask Property Investment Advisors Private Limited |
| Aug 2014 | Acquisition | ₹55.06 Cr | Buyer: Ask Property Investment Advisors |
| May 2007 | Funding round | ₹71.15 Cr | Investors: HDFC Property Fund |
To see the full deal history of Paranjape Schemes (Construction) 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
Paranjape Schemes (Construction) Limited has 102 court cases on record: 52 filed by Paranjape Schemes (Construction), 50 filed against it. 33 cases are pending and 69 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 54 | 25 | 8 |
| District courts | 42 | 24 | 22 |
| Supreme Court | 6 | 1 | 3 |
Cases on record (5 of 102)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Catalyst Trusteeship Ltd Anr | Pending |
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against Mahabal Enviro Engineers Private Limited Through Its MD Plot No. F-7, Road No. 21, Midc Wagle Estate, Thane West 400604 , , Other and 11 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Lemon Grass Hospitality Pvt. Ltd. and 2 others | Pending |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Next Radio Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
To see the full case history of Paranjape Schemes (Construction) 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.
Credit ratings & regulatory alerts
Paranjape Schemes (Construction) Limited was last rated by Care on 24 Apr 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Apr 2023 |
To see the full credit ratings and regulatory alerts of Paranjape Schemes (Construction) Limited, buy the company report.
MSME payment delays
Paranjape Schemes (Construction) Limited has 10 MSME Form 1 returns on record between 2021 and 2024, listing 2,639 overdue payments to 71 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 71)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Abhinav Enterprises | |||
| an individual supplier | |||
| Dorset Industries Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Paranjape Schemes (Construction) Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Paranjape Schemes (Construction) has 9 subsidiary companies, 1 joint venture, and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Paranjape Premises Private Limited | U45200MH1990PTC059177 | |
| PSC Properties Private Limited | U45201MH1997PTC106323 | |
| Nova Developers Private Limited | U45202PN1997PTC106192 | |
| Lavim Developers Private Limited | U45202PN1997PTC106762 | |
| Athashri Homes Private Limited | U45202PN2007PTC130985 | |
| Peer Realty Private Limited | U45400MH2012PTC229205 |
To see the full group structure of Paranjape Schemes (Construction) Limited, buy the company report.
Employees & EPFO
Paranjape Schemes (Construction) Limited has a workforce of 511 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.
GST
Paranjape Schemes (Construction) has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCP1941Q1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Paranjape Schemes (Construction) Limited, buy the company report.
Recent activity
Paranjape Schemes (Construction) Limited has 18 board changes on record since 2005: 4 appointments and 14 cessations. The latest: Shashank Purushottam Paranjape was appointed as Officer In Default on 17 Jul 2025.
226 earlier events are in the company report.
News
Frequently asked questions
Paranjape Schemes (Construction) is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 September 1987 (39+ years old) and is registered under CIN U70100MH1987PLC044721.
Paranjape Schemes (Construction) has 4 current directors:
- Shrikant Purushottam Paranjape - Whole-Time Director
- Rajesh Vijay Hukeri - Director
- Shriniket Vijay Deshpande - Additional Director
- Shashank Purushottam Paranjape - Officer In Default
The latest financial statements of Paranjape Schemes (Construction) on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 29 May 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Paranjape Schemes (Construction) is 27AACCP1941Q1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Paranjape Schemes (Construction) is U70100MH1987PLC044721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paranjape Schemes (Construction) has 102 court cases on record: 52 filed by the company and 50 filed against it. 33 are pending. Most are in the high courts.
Paranjape Schemes (Construction) was incorporated on 18 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Paranjape Schemes (Construction) has 4 deals on record (2 funding rounds, 1 secondary share transfer, 1 acquisition), with disclosed funding of ₹346.15 Cr; the latest was in May 2019.
Shashank Purushottam Paranjape was appointed as Officer In Default on 17 Jul 2025. Shriniket Vijay Deshpande was appointed as Additional Director on 14 Nov 2024. Shriniket Vijay Deshpande ceased to be Additional Director on 15 Oct 2024. Paranjape Schemes (Construction) has 18 board changes on record in total.
Paranjape Schemes (Construction) has 10 MSME Form 1 returns on record between 2021 and 2024, listing 2,639 overdue payments to 71 micro and small suppliers. The latest return was filed on 01 May 2024.
Paranjape Schemes (Construction) can be reached through the website pscl.in. Its registered office is in Mumbai, Maharashtra, India.
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