Patni Estates Private Limited
About Patni Estates Private Limited
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Patni Estates Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 12 May 2000.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70101GJ2000PTC116242. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It was led by directors including Kunal Jain and Naval Kishore Jangid.
Its last annual general meeting (AGM) was held on 11 September 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at B 805 Mondeal Heights Near Hotel Novotel Iscon Cross Road Sg Highway Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2020, the company reported a revenue of ₹21.89 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.18 Cr and EBITDA of ₹5.99 Cr. Revenue has declined at a compounded annual rate (CAGR) of 26% over five years.
As per MCA filings, the company had satisfied charges of ₹999.11 Cr on record.
Company details
CIN history
Patni Estates has one previous CIN (Corporate Identification Number): U70101RJ2000PTC016422. The current CIN is U70101GJ2000PTC116242, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101GJ2000PTC116242 | Current |
| U70101RJ2000PTC016422 | Previous |
Contact details
Patni Estates Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressB 805 Mondeal Heights Near Hotel Novotel Iscon Cross Road Sg Highway Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Patni Estates 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
Financials of Patni Estates Private Limited
FY 2020 filings availablePatni Estates Private Limited reported revenue of ₹21.89 Lakh (up 279% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 279% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 26%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | ₹5.99 Cr | ||||
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| Net Profit (PAT) | ₹5.18 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Patni Estates Private Limited, buy the company report.
Board of directors of Patni Estates Private Limited
Patni Estates has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Jain | Director | 28 Jan 2019 | 7 Years 8 Months | As last reported |
| Naval Kishore Jangid | Director | 11 Sep 2020 | 6 Years 1 Months | As last reported |
| Namita Jain | Director | 28 Jan 2019 | 7 Years 8 Months | As last reported |
Peer comparison
Patni Estates Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Savera Cityscapes Private Limited | ₹22.05 Lakh (FY 2021) | -84.0% | Hyderabad, Telangana, India | |||
| Evershine Properties Private Limited | ₹22.01 Lakh (FY 2025) | 87.0% | Mumbai, Maharashtra, India | |||
| Glory Star Town Planners Private Limited | ₹21.99 Lakh (FY 2025) | -50.0% | New Delhi, Delhi, India | |||
| Anchor Commerce Pvt Ltd | ₹21.98 Lakh (FY 2024) | 266.0% | Kolkata, West Bengal, India | |||
| Master Constwell Private Limited | ₹21.92 Lakh (FY 2023) | 88.0% | Delhi, India | |||
| Patni Estates Private Limitedthis company | ₹21.89 Lakh (FY 2020) | ₹5.18 Cr | 279.0% | Ahmedabad, Gujarat, India | ||
| Estatemint Private Limited | ₹21.87 Lakh (FY 2019) | -79.0% | Pune, Maharashtra, India | |||
| Bravo Realties Private Limited | ₹21.87 Lakh (FY 2024) | -13.0% | Indore, Madhya Pradesh, India | |||
| Orange Realtech Private Limited | ₹21.85 Lakh (FY 2025) | -12.0% | New Delhi, Delhi, India | |||
| Mounthuge Developers Private Limited | ₹21.84 Lakh (FY 2020) | 27.0% | Thrissur, Kerala, India | |||
| Obedient Infra Development Private Limited | ₹21.78 Lakh (FY 2019) | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of Patni Estates Private Limited, buy the company report.
Auditor
Patni Estates Private Limited is audited by C M AGARWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C M AGARWAL & CO | FY 2019 | 001954C |
Shareholding
The shareholding of Patni Estates Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Patni Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2015 | 10555488 | State Bank of Bikaner and Jaipur | ₹999.11 Cr | Satisfied |
To see the full charge records of Patni Estates Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Patni Estates Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Patni Estates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Patni Estates has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Patni Estates Private Limited, buy the company report.
Recent activity
Patni Estates Private Limited has 12 board changes on record since 2012: 3 appointments and 9 cessations. The latest: Naval Kishore Jangid was appointed as Director on 11 Sep 2020.
5 earlier events are in the company report.
Frequently asked questions
Patni Estates has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Patni Estates was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 12 May 2000 and is registered under CIN U70101GJ2000PTC116242. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Patni Estates was incorporated on 12 May 2000. It is registered with the Registrar of Companies, Ahmedabad.
Patni Estates had 3 directors:
- Kunal Jain - Director
- Naval Kishore Jangid - Director
- Namita Jain - Director
The CIN (Corporate Identification Number) of Patni Estates is U70101GJ2000PTC116242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Patni Estates is at B 805 Mondeal Heights Near Hotel Novotel Iscon Cross Road Sg Highway Satellite, Ahmedabad, Gujarat, India – 380015.
The latest financial statements of Patni Estates on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 11 September 2020. Year-wise statements from 2015 are in the company report.
No. Patni Estates has 1 GST registration on record and it is cancelled or inactive.
Patni Estates operated in the real estate and construction industry, in the real estate marketing and sales segment.
The peers of Patni Estates by revenue are Savera Cityscapes Private Limited, Evershine Properties Private Limited, Glory Star Town Planners Private Limited, Anchor Commerce Pvt Ltd, Master Constwell Private Limited and 5 more, all in the Real Estate industry (Real Estate Marketing).
Naval Kishore Jangid was appointed as Director on 11 Sep 2020. Kunal Jain ceased to be Additional Director on 30 Sep 2019. Namita Jain ceased to be Additional Director on 30 Sep 2019. Patni Estates has 12 board changes on record in total.