MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-20-0021277
Persistent Projects Private Limited
Persistent Projects Private Limited - real estate and construction in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.25 Cr
▲ 7% YoY
Net profit · FY 2024
₹7.71 Lakh
Net margin 3.4%
EBITDA · FY 2024
₹29.23 Lakh
EBITDA margin 13%
Authorised capital
₹17 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹74 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
2
Provident fund records
About Persistent Projects Private Limited
Data last updated:
Persistent Projects Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN U45400MH2009PTC193520. Its GSTIN is 27AADCD1845J1ZM (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹17 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Durafab Engineers Private Limited. It is led by directors including Bhavana Vikas Mandhana and Radhika Krishna Mandhana.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 228 Krishna Kunj Ward No.21 Wardhman Nagar (East), Nagpur, Maharashtra, India – 440008.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.25 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹7.71 Lakh (net margin 3.4%) and EBITDA of ₹29.23 Lakh (EBITDA margin 13%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 8% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹74 Lakh on record.
Persistent Projects Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0021277). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U45400MH2009PTC193520
Registration Number 193520
Incorporation Date 23 June 2009
ROC Nagpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-20-0021277
CIN history
Persistent Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45400MH2009PTC193520, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400MH2009PTC193520 | Current |
| U45201MH2009PTC193520 | Previous |
| U27102MH2009PTC193520 | Previous |
Recognitions & Rankings of Persistent Projects
Contact details
Persistent Projects Private Limited's registered office is in Nagpur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressPlot No. 228 Krishna Kunj Ward No.21 Wardhman Nagar (East), Nagpur, Maharashtra, India – 440008
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Persistent Projects Private Limited, buy the company report.
Comprehensive company report
Persistent Projects Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Persistent Projects is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Persistent Projects Private Limited, buy the company report.
Financials of Persistent Projects Private Limited
FY 2025 filings availablePersistent Projects Private Limited reported revenue of ₹2.25 Cr (up 7% YoY) for FY 2024.
Revenue · FY 2024
₹2.25 Cr ▲ 7%
Net profit · FY 2024
₹7.71 Lakh margin 3.4%
EBITDA · FY 2024
₹29.23 Lakh margin 13%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 11%
5 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 22%
5 years · compounded
▲ 41%
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 20% 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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| Total Expenses | |||||
| EBITDA | ₹29.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.71 Lakh | ||||
| Balance Sheet | |||||
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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 | 13% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Persistent Projects Private Limited, buy the company report.
Board of directors of Persistent Projects Private Limited
Persistent Projects has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavana Vikas Mandhana | Director | 31 Jan 2017 | 9 Years 8 Months | Current |
| Radhika Krishna Mandhana | Director | 05 Apr 2023 | 3 Years 6 Months | Current |
| Praveen Soni Also directs: Bhagwati Hitech Private Limited | Director | 15 Jan 2024 | 2 Years 9 Months | Current |
Auditor
Persistent Projects Private Limited is audited by G G RANDAD & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G G RANDAD & COMPANY | FY 2023 | 108623W |
Shareholding
The shareholding of Persistent Projects 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 Persistent Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹74 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2024 | 100899885 | Canara Bank | ₹74 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Persistent Projects 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 Persistent Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Persistent Projects Private Limited has a workforce of 2 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
2
Active EPFO establishments
1
Employee growth
-66.67%
GST
Persistent Projects has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCD1845J1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AAVCS0629R1ZD | Maharashtra | Active | 01 Jul 2017 |
| 23AADCD1845J1ZU | Madhya Pradesh | Active | 27 Jan 2025 |
To see the full GST registrations and return filing status of Persistent Projects Private Limited, buy the company report.
Recent activity
Persistent Projects Private Limited has 11 board changes on record since 2009: 7 appointments and 4 cessations. The latest: Praveen Soni was appointed as Director on 15 Jan 2024.
AGM
Persistent Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Persistent Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Nagpur.
Charges
A charge with Canara Bank amounted to Rs. 74.00 Lakh with Charge ID 100899885 was registered on 18 Mar 2024.
Appointed
Praveen Soni was appointed as Director.
Ceased
Krishna Kanhaiyalal Mandhana ceased to be Director.
Appointed
Radhika Krishna Mandhana was appointed as Director.
Ceased
Vikas Kanheeyalal Mandhana ceased to be Director.
Appointed
Bhavana Vikas Mandhana was appointed as Director.
Ceased
Pooja Rakesh Saluja ceased to be Director.
Ceased
Rajat Rakesh Saluja ceased to be Director.
Appointed
Krishna Kanhaiyalal Mandhana was appointed as Director.
Appointed
Vikas Kanheeyalal Mandhana was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Persistent Projects is an active private limited company based in Nagpur, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 June 2009 (17+ years old) and is registered under CIN U45400MH2009PTC193520.
Persistent Projects has 3 current directors:
- Bhavana Vikas Mandhana - Director
- Radhika Krishna Mandhana - Director
- Praveen Soni - Director
The latest financial statements of Persistent Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Persistent Projects is 27AADCD1845J1ZM, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAVCS0629R1ZD (Maharashtra), 23AADCD1845J1ZU (Madhya Pradesh).
The CIN (Corporate Identification Number) of Persistent Projects is U45400MH2009PTC193520. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Persistent Projects was incorporated on 23 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Nagpur.
Praveen Soni was appointed as Director on 15 Jan 2024. Krishna Kanhaiyalal Mandhana ceased to be Director on 01 Oct 2023. Radhika Krishna Mandhana was appointed as Director on 05 Apr 2023. Persistent Projects has 11 board changes on record in total.
Yes, Persistent Projects is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-20-0021277).
The registered office of Persistent Projects is at Plot No. 228 Krishna Kunj Ward No.21 Wardhman Nagar East, Nagpur, Maharashtra, India – 440008.
Persistent Projects operates in the real estate and construction industry, in the real estate builders and developers segment.