PNK Space Development Private Limited
About PNK Space Development Private Limited
Data last updated:
PNK Space Development Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 12 October 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70109MH2010PTC208867. Its GSTIN is 27AAFCP7042M1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.88 Lakh. It was formerly known as Pnk Spaces Redevelopment Private Limited. It is led by directors including Nilesh Shantilal Tank and Praful Shantilal Tank.
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 Sector 9, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.41 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹10.11 Lakh (net margin -81.5%) and EBITDA of ₹34.19 Lakh (EBITDA margin 275.6%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 27% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13.07 Cr on record. Court records list 23 cases involving the company, including 8 filed by the company and 15 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
PNK Space Development Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1st Floor Poonam Sagar Complex Above Casedela Opp Shanti Nagar Sector 9 Nr Srushti House, Mira Road, Thane, Maharashtra, India – 401107
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of PNK Space Development 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 PNK Space Development Private Limited
FY 2025 filings availablePNK Space Development Private Limited reported revenue of ₹12.41 Lakh (up 265% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 265% growth in the latest year. EBITDA fell 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹34.19 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.11 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 275.6% | ||||
| Net Profit Margin | -81.5% | ||||
| 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 PNK Space Development Private Limited, buy the company report.
Board of directors of PNK Space Development Private Limited
PNK Space Development has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Shantilal Tank | Director | 12 Oct 2010 | 16 Years 0 Months | Current |
| Praful Shantilal Tank Also directs: Sai Swami Developers LLP, PNK Redevelopment Private Limited, Akshar Shanti Realtors Private Limited and 1 more | Director | 12 Oct 2010 | 16 Years 0 Months | Current |
| Kiran Shantilal Tank Also directs: PNK Redevelopment Private Limited, Neelkanth Dream House LLP | Director | 12 Oct 2010 | 16 Years 0 Months | Current |
Peer comparison
PNK Space Development Private 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashvijay Industries Private Limited | ₹12.41 Lakh (FY 2024) | Kanpur, Uttar Pradesh, India | ||||
| PNK Space Development Private Limitedthis company | ₹12.41 Lakh (FY 2025) | -₹10.11 Lakh | -81.5% | 265.0% | 3 | Thane, Maharashtra, India |
| Marut Developers Pvt Ltd | ₹12.41 Lakh (FY 2025) | -2.0% | Howrah, West Bengal, India | |||
| Sampark Vyapaar Priavte Limited | ₹12.4 Lakh (FY 2025) | -39.0% | Kolkata, West Bengal, India |
To see the full peer comparison of PNK Space Development Private Limited, buy the company report.
Auditor
PNK Space Development Private Limited is audited by AJAY SHAH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJAY SHAH & CO | FY 2023 | 100208W |
Shareholding
The shareholding of PNK Space Development 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 PNK Space Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2025 | 101160327 | Kokan Merchantile Co-Operative Bank Ltd. | ₹7.5 Cr | Open | |
| 13 Jan 2015 | 10565684 | Hdfc Bank Limited | ₹58.3 Lakh | Open | |
| 12 Mar 2012 | 10602413 | Kokan Merchantile Co-Operative Bank Ltd. | ₹4.99 Cr | Open |
To see the full charge records of PNK Space Development Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
PNK Space Development Private Limited has 23 court cases on record: 8 filed by PNK Space Development, 15 filed against it. 5 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 7 | 2 |
| District courts | 8 | 8 | 3 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Ambuja Cements Limited | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Dishti Realtors Pvt Ltd | Disposed |
| Bombay High Court | Company petition | Filed by the company against Dishti Realtors LLP Cin No. U70100mh2004ptc146339 | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Dishti`Realtors LLP | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company | Pending |
To see the full case history of PNK Space Development 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for PNK Space Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
PNK Space Development Private Limited has a workforce of 3 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
PNK Space Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCP7042M1Z1 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of PNK Space Development Private Limited, buy the company report.
Recent activity
PNK Space Development Private Limited has 5 board changes on record since 2010: 4 appointments and 1 cessation. The latest: Mansukh Gokal Tank ceased to be Additional Director on 29 Sep 2012.
Frequently asked questions
PNK Space Development is an active private limited company based in Thane, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 12 October 2010 (16+ years old) and is registered under CIN U70109MH2010PTC208867.
PNK Space Development has 3 current directors:
- Nilesh Shantilal Tank - Director
- Praful Shantilal Tank - Director
- Kiran Shantilal Tank - Director
The latest financial statements of PNK Space Development 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 PNK Space Development is 27AAFCP7042M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of PNK Space Development is U70109MH2010PTC208867. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PNK Space Development has 23 court cases on record: 8 filed by the company and 15 filed against it. 5 are pending. Most are in the high courts.
PNK Space Development was incorporated on 12 October 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of PNK Space Development by revenue are Ashvijay Industries Private Limited, Marut Developers Pvt Ltd, Sampark Vyapaar Priavte Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Mansukh Gokal Tank ceased to be Additional Director on 29 Sep 2012. Mansukh Gokal Tank was appointed as Director on 09 Apr 2012. Kiran Shantilal Tank was appointed as Director on 12 Oct 2010. PNK Space Development has 5 board changes on record in total.
The registered office of PNK Space Development is at 1st Floor Poonam Sagar Complex Above Casedela Opp Shanti Nagar Sector 9 Nr Srushti House, Mira Road, Thane, Maharashtra, India – 401107.
PNK Space Development operates in the infrastructure and utilities industry, in the general construction services segment.