India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,090 Prem Bhutani & family ₹2,400 Cr
Revenue · FY 2024
₹735.14 Cr
▲ 45% YoY
Net profit · FY 2024
₹40.55 Cr
Net margin 5.5%
EBITDA · FY 2024
₹104.55 Cr
EBITDA margin 14.2%
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹90.72 Cr
Issued & subscribed
Open charges
₹1,041.81 Cr
Satisfied ₹58 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
8
Provident fund records
About Parmesh Construction Company Limited
Data last updated:
Parmesh Construction Company Limited is a public limited company based in Noida, Uttar Pradesh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 11 March 1996 and has been in existence for over 30 years.
Its director Prem Bhutani and family are #1,090 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U45201UP1996PLC198063. Its GSTIN is 09AAACP8892Q1ZC (Uttar Pradesh). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹90.72 Cr. It is led by directors including Inayat Bhutani and Ashish Bhutani.
Its last annual general meeting (AGM) was held on 10 February 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 90, Noida, Uttar Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹735.14 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹40.55 Cr (net margin 5.5%) and EBITDA of ₹104.55 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 29% over five years.
The company has about 8 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹1,041.81 Cr and satisfied charges of ₹58 Cr on record. Court records list 33 cases involving the company, including 7 filed by the company and 26 filed against it; 10 cases are pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹26.92 Cr; the latest was in January 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 2 smaller; the largest is Mindspace Business Parks Private Limited with revenue of ₹752.65 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 bhutaniprojects.in.
Company details
CIN U45201UP1996PLC198063
Registration Number 198063
Incorporation Date 11 March 1996
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 February 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Parmesh Construction Company has one previous CIN (Corporate Identification Number): U45201DL1996PLC077019. The current CIN is U45201UP1996PLC198063, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201UP1996PLC198063 | Current |
| U45201DL1996PLC077019 | Previous |
Recognitions & Rankings of Parmesh Construction Company
Contact details
Parmesh Construction Company Limited's registered office is in Noida, Uttar Pradesh. Its website is bhutaniprojects.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor Tower C Bhutani Alphathum, Janpath Marg Sector 90, Noida, Uttar Pradesh, India – 201301
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Parmesh Construction Company Limited, buy the company report.
Comprehensive company report
Parmesh Construction Company 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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Business activity
The main business activity of Parmesh Construction Company 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 Parmesh Construction Company Limited, buy the company report.
Financials of Parmesh Construction Company Limited
FY 2024 filings availableParmesh Construction Company Limited reported revenue of ₹735.14 Cr (up 45% YoY) for FY 2024.
Revenue · FY 2024
₹735.14 Cr ▲ 45%
Net profit · FY 2024
₹40.55 Cr margin 5.5%
EBITDA · FY 2024
₹104.55 Cr margin 14.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 6%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 32%
5 years · compounded
▲ 19%
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 45% growth in the latest year. EBITDA rose 9% 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 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹104.55 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.55 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 5.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Parmesh Construction Company Limited, buy the company report.
Board of directors of Parmesh Construction Company Limited
Parmesh Construction Company has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Inayat Bhutani | Director | 30 Mar 2021 | 5 Years 7 Months | Current |
| Ashish Bhutani | Director | 25 Jun 2016 | 10 Years 4 Months | Current |
| Prem Bhutani | Officer In Default | 05 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Parmesh Construction Company Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Mindspace Business Parks Private Limited | ₹752.65 Cr (FY 2025) | 5.0% | Mumbai, Maharashtra, India | |||
| Rostrum Realty Private Limited | ₹748.81 Cr (FY 2025) | 16.0% | Mini Sectt, Haryana, India | |||
| Parmesh Construction Company Limitedthis company | ₹735.14 Cr (FY 2024) | ₹40.55 Cr | 5.5% | 45.0% | 8 | Noida, Uttar Pradesh, India |
| Dev Land & Housing Private Limited | ₹716.28 Cr (FY 2025) | 35.0% | Mumbai, Maharashtra, India | |||
| K P Advisors (Realty) Private Limited | ₹714.47 Cr (FY 2025) | -11.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Parmesh Construction Company Limited, buy the company report.
Auditor
Parmesh Construction Company Limited is audited by Ashish Mangaul and Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ashish Mangaul and Co. | FY 2023 | 024664N |
Shareholding
The shareholding of Parmesh Construction Company 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 Parmesh Construction Company Limited, buy the company report.
Charges & borrowings
Open charges
₹1,041.81 Cr
Satisfied charges
₹58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2025 | 101079615 | Axis Bank Limited | ₹2.7 Cr | Open | |
| 08 Nov 2024 | 101004495 | Idbi Trusteeship Services Limited | ₹9.11 Cr | Open | |
| 24 Oct 2024 | 101016457 | Others | ₹500 Cr | Open | |
| 03 Aug 2023 | 100765519 | Idbi Trusteeship Services Limited | ₹285 Cr | Open | |
| 26 Jun 2023 | 100744484 | Axis Bank Limited | ₹3.29 Cr | Open |
To see the full charge records of Parmesh Construction Company Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Parmesh Construction Company Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹26.92 Cr; the latest was in January 2022.
Total deals
6
Secondary share transfers
4
Funding rounds
2
Disclosed funding
₹26.92 Cr
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Funding round | ₹21.26 Cr | Investors: Ashish Bhutani HUF, Prem Bhutani HUF |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Ashish Bhutani HUF, Prem Bhutani HUF, 2 individuals Seller: M.L. Bhutani & Sons HUF, Anil Bhutani Huf, 2 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Basant Buildtech Private Limited |
| Aug 2008 | Secondary share transfer | Undisclosed | Buyer: Basant Buildtech Private Limited , 2 individuals Seller: Winsome Port Folio Private Limited, Weal Iron and Steel Co. Private Limited, Akb Ventures Private Limited , an individual |
| Sep 2006 | Funding round | ₹5.66 Cr | Investors: Earlybird Tradelinks Pvt.Ltd. , Anushree Real Estates Private Limited , Indion Hosiery Private Limited |
To see the full deal history of Parmesh Construction Company 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
Parmesh Construction Company Limited has 33 court cases on record: 7 filed by Parmesh Construction Company, 26 filed against it. 10 cases are pending and 23 are disposed.
Total cases
33
Filed by the company
7
Filed against the company
26
Pending
10
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 21 | 8 |
| High courts | 6 | 3 | 1 |
| NCLAT | 4 | 1 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Parkmont IT and Infra Pvt Ltd Through Mr Sachin Kumar | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against Icici Bank Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Unitech Holding Limited | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal miscellaneous application | Filed against the company by Ms Parnami Securtiy and Manpower Services Pvt Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Parmesh Construction Company 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 Parmesh Construction Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Parmesh Construction Company has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ahuja & Anand Buildwell Private Limited | U70109DL2006PTC152743 | |
| Max-Digi Infotech Private Limited | U72300DL2007PTC165933 |
To see the full group structure of Parmesh Construction Company Limited, buy the company report.
Employees & EPFO
Parmesh Construction Company Limited has a workforce of 8 employees on its EPFO records as of Jan 28, 2025, across 2 active EPFO establishments.
Employee count
8
Active EPFO establishments
2
Employee growth
14.29%
GST
Parmesh Construction Company has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACP8892Q1ZC | Uttar Pradesh | Active | 01 Jul 2017 |
| 30AAACP8892Q1ZR | Goa | Active | 30 May 2024 |
To see the full GST registrations and return filing status of Parmesh Construction Company Limited, buy the company report.
Recent activity
Parmesh Construction Company Limited has 10 board changes on record since 2016: 3 appointments and 7 cessations. The latest: Ashish Bhutani ceased to be Director on 29 Sep 2022.
AGM
Parmesh Construction Company Limited last Annual general meeting of members was held on 10 Feb 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.70 Cr with Charge ID 101079615 was registered on 05 Feb 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 285.00 Cr registered on 03 Aug 2023 with Charge ID 100765519 was modified on 21 Nov 2024.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 9.11 Cr with Charge ID 101004495 was registered on 08 Nov 2024.
Charges
A charge with Others amounted to Rs. 500.00 Cr with Charge ID 101016457 was registered on 24 Oct 2024.
Filing
Parmesh Construction Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 285.00 Cr with Charge ID 100765519 was registered on 03 Aug 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.29 Cr with Charge ID 100744484 was registered on 26 Jun 2023.
Charges
A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100743798 was registered on 26 Jun 2023.
Ceased
Ashish Bhutani ceased to be Director.
Ceased
Prem Bhutani ceased to be Director.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 235.00 Cr with Charge ID 100603639 was registered on 04 Aug 2022.
15 earlier events are in the company report.
Frequently asked questions
Parmesh Construction Company is an active public limited company based in Noida, Uttar Pradesh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 11 March 1996 (30+ years old) and is registered under CIN U45201UP1996PLC198063.
Parmesh Construction Company has 3 current directors:
- Inayat Bhutani - Director
- Ashish Bhutani - Director
- Prem Bhutani - Officer In Default
The latest financial statements of Parmesh Construction Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 10 February 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Parmesh Construction Company is 09AAACP8892Q1ZC, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 30AAACP8892Q1ZR (Goa).
The CIN (Corporate Identification Number) of Parmesh Construction Company is U45201UP1996PLC198063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parmesh Construction Company has 33 court cases on record: 7 filed by the company and 26 filed against it. 10 are pending. Most are in the district courts.
Parmesh Construction Company was incorporated on 11 March 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kanpur.
Parmesh Construction Company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹26.92 Cr; the latest was in January 2022.
The peers of Parmesh Construction Company by revenue are Mindspace Business Parks Private Limited, Rostrum Realty Private Limited, Dev Land & Housing Private Limited, K P Advisors (Realty) Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Ashish Bhutani ceased to be Director on 29 Sep 2022. Prem Bhutani ceased to be Director on 29 Sep 2022. Prem Bhutani was appointed as Officer In Default on 05 Apr 2022. Parmesh Construction Company has 10 board changes on record in total.
Parmesh Construction Company can be reached through the website bhutaniprojects.in. Its registered office is in Noida, Uttar Pradesh, India.
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