Parmesh Construction Company Limited

Parmesh Construction Company Limited - real estate and construction in Noida, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U45201UP1996PLC198063 Incorporated 11 March 1996 ROC Kanpur HQ Noida, Uttar Pradesh, India
Active Public Limited Company real estate and construction
Data last updated
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.

CINStatus
U45201UP1996PLC198063Current
U45201DL1996PLC077019Previous

Recognitions & Rankings of Parmesh Construction Company

India's Richest People 2026 edition · 1 director · Source: Hurun India

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
  • Registered Address
    7th Floor Tower C Bhutani Alphathum, Janpath Marg Sector 90, Noida, Uttar Pradesh, India – 201301
  • Industry
    Real 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 codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL1Real 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 available

Parmesh 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
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
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin14.2%
Net Profit Margin5.5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
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 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
NameDesignationAppointment DateTenureStatus
Inayat BhutaniDirector30 Mar 20215 Years 7 MonthsCurrent
Ashish BhutaniDirector25 Jun 201610 Years 4 MonthsCurrent
Prem BhutaniOfficer In Default05 Apr 20224 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr5.5%45.0%8Noida, 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 firmFinancial yearFirm registration number
Ashish Mangaul and Co.FY 2023024664N

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 categoryFY 2022FY 2021FY 2020FY 2019FY 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
Idbi Trusteeship Services Limited₹529.11 Cr
Others₹500.00 Cr
Axis Bank Limited₹8.99 Cr
Hdfc Bank Limited₹2.81 Cr
Canara Bank₹0.90 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
05 Feb 2025101079615Axis Bank Limited₹2.7 CrOpen
08 Nov 2024101004495Idbi Trusteeship Services Limited₹9.11 CrOpen
24 Oct 2024101016457Others₹500 CrOpen
03 Aug 2023100765519Idbi Trusteeship Services Limited₹285 CrOpen
26 Jun 2023100744484Axis Bank Limited₹3.29 CrOpen

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)

WhenDealAmountParties
Jan 2022Funding round₹21.26 CrInvestors: Ashish Bhutani HUF, Prem Bhutani HUF
Mar 2021Secondary share transferUndisclosedBuyer: Ashish Bhutani HUF, Prem Bhutani HUF, 2 individuals
Seller: M.L. Bhutani & Sons HUF, Anil Bhutani Huf, 2 individuals
Mar 2019Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Basant Buildtech Private Limited
Aug 2008Secondary share transferUndisclosedBuyer: 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 2006Funding round₹5.66 CrInvestors: 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.

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 NameCINShares held
Ahuja & Anand Buildwell Private LimitedU70109DL2006PTC152743
Max-Digi Infotech Private LimitedU72300DL2007PTC165933

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
GSTINStateStatusRegistered on
09AAACP8892Q1ZCUttar PradeshActive01 Jul 2017
30AAACP8892Q1ZRGoaActive30 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:

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.