Poona Estate Development Pvt Ltd
About Poona Estate Development Pvt Ltd
Data last updated:
Poona Estate Development Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 07 February 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70109MH1974PTC017180.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Taraprakash Prabhakar Vartak and Rahul Taraprakash Vartak.
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 Ashirwad Plot No 2 Akshay Housing Society Shahu College Road Parvati, Pune, Maharashtra, India – 411009.
As per the financials filed for FY 2025, the company reported a revenue of ₹14,500, a growth of 117% compared to the previous year. For the same year it recorded a net loss of ₹5.36 Lakh and EBITDA of -₹5.27 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 46% over five years.
As per MCA filings, the company has open charges of ₹1.25 Lakh on record. Court records list 17 cases involving the company, including 3 filed by the company and 14 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Poona Estate Development Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAshirwad Plot No 2 Akshay Housing Society Shahu College Road Parvati, Pune, Maharashtra, India – 411009
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Poona Estate Development Pvt Ltd, 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 Poona Estate Development Pvt Ltd
FY 2025 filings availablePoona Estate Development Pvt Ltd reported revenue of ₹14,500 (up 117% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 117% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 46%. EBITDA rose 86% 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 | -₹5.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5.36 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 | |||||
| Net Profit Margin | |||||
| 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 Poona Estate Development Pvt Ltd, buy the company report.
Board of directors of Poona Estate Development Pvt Ltd
Poona Estate Development has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Taraprakash Prabhakar Vartak Also directs: Inno Cane Processing Private Limited, Low-Lig Murghas Private Limited, 4E Cane Multiproducts Private Limited and 2 more | Director | 24 Feb 1974 | 52 Years 8 Months | Current |
| Rahul Taraprakash Vartak Also directs: Inno Cane Processing Private Limited, Low-Lig Murghas Private Limited, 4E Cane Multiproducts Private Limited and 1 more | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
| Shirish Bhau Sabade Also directs: Soniya Technology Park Private Limited | Director | 22 Oct 2019 | 7 Years 0 Months | Current |
Auditor
Poona Estate Development Pvt Ltd is audited by JOSHI & SAHNEY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI & SAHNEY | FY 2022 | 104359W |
Shareholding
The shareholding of Poona Estate Development Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Poona Estate Development Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Apr 1975 | 80033240 | Shree Suvarna Sahakari Bank Limited | ₹1.25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Poona Estate Development Pvt Ltd has 17 court cases on record: 3 filed by Poona Estate Development, 14 filed against it. 3 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 11 | 3 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (R.C.A.) | Filed against the company by Cool N Cool Spring Beverages Pvt Ltd Through Its Director Naresh Chandra | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Kasco Environmental Systems Pvt. Ltd. Through Ajay Dhananjay Kamlapurak and 2 others | Pending |
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Kasco Environmental Systems Pvt Ltd Through Its Director Ajay Dhananjay Kamlapurkar Etc and 3 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Kasco Environmental Systems Pvt. Ltd. Through Ajay Dhananjay Kamlapurak and 2 others | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Cool N Cool Spring Beverages Pvt. Ltd | Disposed |
To see the full case history of Poona Estate Development Pvt Ltd, 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 Poona Estate Development Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Poona Estate Development Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Poona Estate Development Pvt Ltd has 6 board changes on record since 1974: 3 appointments and 3 cessations. The latest: Bhau Raghunath Sabade ceased to be Director on 11 Jan 2024.
Frequently asked questions
Poona Estate Development is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 07 February 1974 (52+ years old) and is registered under CIN U70109MH1974PTC017180.
Poona Estate Development has 3 current directors:
- Taraprakash Prabhakar Vartak - Director
- Rahul Taraprakash Vartak - Director
- Shirish Bhau Sabade - Director
The latest financial statements of Poona Estate 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 CIN (Corporate Identification Number) of Poona Estate Development is U70109MH1974PTC017180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poona Estate Development has 17 court cases on record: 3 filed by the company and 14 filed against it. 3 are pending. Most are in the district courts.
Poona Estate Development was incorporated on 07 February 1974, making it 52+ years old. It is registered with the Registrar of Companies, Pune.
Bhau Raghunath Sabade ceased to be Director on 11 Jan 2024. Rahul Taraprakash Vartak ceased to be Additional Director on 30 Dec 2020. Shirish Bhau Sabade ceased to be Additional Director on 30 Dec 2020. Poona Estate Development has 6 board changes on record in total.
The registered office of Poona Estate Development is at Ashirwad Plot No 2 Akshay Housing Society Shahu College Road Parvati, Pune, Maharashtra, India – 411009.
Poona Estate Development operates in the real estate and construction industry, in the real estate builders and developers segment.
Poona Estate Development has open charges of ₹1.25 Lakh and no satisfied charges on record as per latest MCA filings.