
PGF Limited
About PGF Limited
Data last updated:
PGF Limited is a public limited company based in Chandigarh, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 19 January 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U02001CH1983PLC005267. The company has 7 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.47 Cr. It is led by directors including Nirmal Singh Bhangoo (Managing Director) and Neeraj Kumar Birdi.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at SCO 1042 43 Sector 22 B Chandigarh, Chandigarh, India – 160022.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.46 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net loss of ₹6.79 Cr (net margin -124.4%) and EBITDA of -₹5.29 Cr (EBITDA margin -97%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years.
The company has about 21 employees on its provident fund (EPFO) records.
Court records list 130 cases involving the company, including 46 filed by the company and 84 filed against it; 14 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
PGF has one previous CIN (Corporate Identification Number): L02001CH1983PLC005267. The current CIN is U02001CH1983PLC005267, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U02001CH1983PLC005267 | Current |
| L02001CH1983PLC005267 | Previous |
Contact details
PGF Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSCO 1042 43 Sector 22 B Chandigarh, Chandigarh, India – 160022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of PGF 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 PGF 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 PGF Limited, buy the company report.
Financials of PGF Limited
FY 2018 filings availablePGF Limited reported revenue of ₹5.46 Cr (up 16% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 16% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 39%. EBITDA fell 32% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹5.46 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹5.29 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹6.79 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -97% | |||
| Net Profit Margin | -124.4% | |||
| 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 PGF Limited, buy the company report.
Board of directors of PGF Limited
PGF has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Singh Bhangoo | Managing Director | 19 Jan 1983 | 43 Years 9 Months | Current |
| Vikas Puri Also directs: Suresham Buildmart Private Limited, Murlimanohar Land Developers Private Limited, Swaroop Landmart Private Limited and 5 more | Additional Director | 27 Jul 2016 | 10 Years 3 Months | Current |
| Neeraj Kumar Birdi | Director | 17 Nov 2014 | 11 Years 11 Months | Current |
| Chander Bhushan Dhillon Also directs: Pearls Support Services Private Limited | Director | 01 Feb 2011 | 15 Years 9 Months | Current |
| Harchand Singh | Director | 04 Sep 2003 | 23 Years 2 Months | Current |
Peer comparison
PGF Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Renu Realtech Private Limited | ₹5.46 Cr (FY 2025) | -36.0% | Delhi, India | |||
| Ramky Viha Properties Private Limited | ₹5.46 Cr (FY 2025) | 353.0% | Hyderabad, Telangana, India | |||
| PGF Limitedthis company | ₹5.46 Cr (FY 2018) | -₹6.79 Cr | -124.4% | 16.0% | 21 | Chandigarh, India |
| Ambition Colonisers Private Limited | ₹5.46 Cr (FY 2024) | 61.0% | Gurgaon, Haryana, India |
To see the full peer comparison of PGF Limited, buy the company report.
Auditor
PGF Limited is audited by Sadana & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sadana & Co. | FY 2018 | 011616N |
Shareholding
The shareholding of PGF Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of PGF Limited, buy the company report.
Legal cases
PGF Limited has 130 court cases on record: 46 filed by PGF, 84 filed against it. 14 cases are pending and 116 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 108 | 75 | 11 |
| High courts | 19 | 9 | 3 |
| Supreme Court | 3 | 0 | 0 |
Cases on record (5 of 130)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Prakasham, Andhra Pradesh | Civil suit | Filed against the company by Pbli Reality LLP | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by Bses Rajdhani Power Ltd. | Disposed |
| District court, Panchkula, Haryana | Civil suit | Filed against the company by an individual | Pending |
| District court, Panipat, Haryana | Court case (CRR) | Filed by the company against State of Haryana | Pending |
| District court, Panchkula, Haryana | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of PGF 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 PGF Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
PGF Limited has a workforce of 21 employees on its EPFO records as of Dec 2018, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2018-19 | 21 |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of PGF Limited, buy the company report.
GST
PGF has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of PGF Limited, buy the company report.
Recent activity
PGF Limited has 11 board changes on record since 1983: 5 appointments and 6 cessations. The latest: Vikas Puri was appointed as Additional Director on 27 Jul 2016.
2 earlier events are in the company report.
Frequently asked questions
PGF is an active public limited company based in Chandigarh, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 19 January 1983 (43+ years old) and is registered under CIN U02001CH1983PLC005267.
PGF has 5 current directors:
- Nirmal Singh Bhangoo - Managing Director
- Vikas Puri - Additional Director
- Neeraj Kumar Birdi - Director
- Chander Bhushan Dhillon - Director
- Harchand Singh - Director
The latest financial statements of PGF on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. PGF has 7 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of PGF is U02001CH1983PLC005267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PGF has 130 court cases on record: 46 filed by the company and 84 filed against it. 14 are pending. Most are in the district courts.
PGF was incorporated on 19 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of PGF by revenue are Renu Realtech Private Limited, Ramky Viha Properties Private Limited, Ambition Colonisers 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).
Vikas Puri was appointed as Additional Director on 27 Jul 2016. Neeraj Kumar Birdi ceased to be Additional Director on 30 Sep 2015. Bharat Mishra ceased to be Company Secretary on 28 May 2015. PGF has 11 board changes on record in total.
The registered office of PGF is at SCO 1042 43 Sector 22 B Chandigarh, Chandigarh, India – 160022.
PGF operates in the real estate and construction industry, in the real estate builders and developers segment.

