Parwani Builders Private Limited
About Parwani Builders Private Limited
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Parwani Builders Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 21 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U45203PN2003PTC017885. Its GSTIN is 08AACCP9869P1ZB (Rajasthan). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ajay Damodar Parwani and Alok Arjun Parwani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 211 212 City Point 17 Boat Club Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.66 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net loss of ₹4.71 Lakh (net margin -22.8%) and EBITDA of ₹3.87 Lakh (EBITDA margin 18.7%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 57% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.5 Cr and satisfied charges of ₹5.51 Cr on record. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Parwani Builders Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address211 212 City Point 17 Boat Club Road, Pune, Maharashtra, India – 411001
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Parwani Builders 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 Parwani Builders is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
Financials of Parwani Builders Private Limited
FY 2024 filings availableParwani Builders Private Limited reported revenue of ₹20.66 Lakh (down 96% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 96% fall in the latest year. EBITDA fell 94% 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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| EBITDA | ₹3.87 Lakh | ||||
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| Net Profit (PAT) | -₹4.71 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 18.7% | ||||
| Net Profit Margin | -22.8% | ||||
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To see the full financial statements and ratios of Parwani Builders Private Limited, buy the company report.
Board of directors of Parwani Builders Private Limited
Parwani Builders has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Damodar Parwani | Director | 21 Apr 2003 | 23 Years 6 Months | Current |
| Alok Arjun Parwani Also directs: Parwani Projects LLP | Director | 21 Apr 2003 | 23 Years 6 Months | Current |
Auditor
Parwani Builders Private Limited is audited by M G W & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M G W & ASSOCIATES | FY 2023 | 145659W |
Shareholding
The shareholding of Parwani Builders Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Parwani Builders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2005 | 90093033 | Others | ₹2.5 Cr | Open | |
| 07 Sep 2019 | 100291664 | Others | ₹2.47 Cr | Satisfied | |
| 02 Nov 2018 | 100229927 | Others | ₹6 Lakh | Satisfied | |
| 01 Jun 2018 | 100186089 | Others | ₹6 Lakh | Satisfied | |
| 07 Dec 2017 | 100163212 | Others | ₹5 Lakh | Satisfied |
To see the full charge records of Parwani Builders Private Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Parwani Builders Private Limited has 13 court cases on record: 5 filed by Parwani Builders, 8 filed against it. 1 case is pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 6 | 0 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Beed, Maharashtra | Commercial suit | Filed by the company against Godavari Marathwada Irrigation Development Corporation, Aurangabad and 3 others | Pending |
| District court, Beed, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by an individual | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax-2, | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax-2 | Disposed |
To see the full case history of Parwani Builders 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.
Credit ratings & regulatory alerts
Parwani Builders Private Limited was last rated by Crisil on 21 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Jul 2021 |
To see the full credit ratings and regulatory alerts of Parwani Builders Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Parwani Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Parwani Builders Private Limited has a workforce of 6 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Parwani Builders has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCP9869P1ZB | Rajasthan | Active | 01 Jul 2017 |
| 27AACCP9869P1ZB | Maharashtra | Active | 01 Jul 2017 |
| 23AACCP9869P2ZI | Madhya Pradesh | Active | 03 Oct 2018 |
To see the full GST registrations and return filing status of Parwani Builders Private Limited, buy the company report.
Recent activity
Parwani Builders Private Limited has 3 board changes on record since 2003: 2 appointments and 1 cessation. The latest: Damodar Chandumal Parwani ceased to be Director on 25 Aug 2009.
36 earlier events are in the company report.
Frequently asked questions
Parwani Builders is an active private limited company based in Pune, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 21 April 2003 (23+ years old) and is registered under CIN U45203PN2003PTC017885.
Parwani Builders has 2 current directors:
- Ajay Damodar Parwani - Director
- Alok Arjun Parwani - Director
The latest financial statements of Parwani Builders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Parwani Builders is 08AACCP9869P1ZB, registered in Rajasthan. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCP9869P1ZB (Maharashtra), 23AACCP9869P2ZI (Madhya Pradesh).
The CIN (Corporate Identification Number) of Parwani Builders is U45203PN2003PTC017885. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Parwani Builders has 13 court cases on record: 5 filed by the company and 8 filed against it. 1 is pending. Most are in the high courts.
Parwani Builders was incorporated on 21 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Damodar Chandumal Parwani ceased to be Director on 25 Aug 2009. Ajay Damodar Parwani was appointed as Director on 21 Apr 2003. Alok Arjun Parwani was appointed as Director on 21 Apr 2003.
The registered office of Parwani Builders is at 211 212 City Point 17 Boat Club Road, Pune, Maharashtra, India – 411001.
Parwani Builders operates in the infrastructure and utilities industry, in the general construction services segment.