MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-04-0008685
Popular Concrete Private Limited - manufacturing in Belgaum, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹41.39 Cr
▼ 2% YoY
Net profit · FY 2025
₹58.67 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹2.75 Cr
EBITDA margin 6.6%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹5 Cr
Issued & subscribed
Open charges
₹10 Cr
Satisfied ₹8.51 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
50
Provident fund records
About Popular Concrete Private Limited
Data last updated:
Popular Concrete Private Limited is a private limited company based in Belgaum, Karnataka, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 01 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U26950KA2010PTC053121. Its GSTIN is 29AAFCP4743F1ZA (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Namrata Ashwin Shetti and Ujwala Sudip Narvekar.
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 Belgaum, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.39 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹58.67 Lakh (net margin 1.4%) and EBITDA of ₹2.75 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹8.51 Cr on record. Court records list 132 cases involving the company, including 119 filed by the company and 13 filed against it; 30 cases are pending.
Popular Concrete Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-04-0008685). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website popularind.com.
Company details
CIN U26950KA2010PTC053121
Registration Number 053121
Incorporation Date 01 April 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-04-0008685
Key People
Namrata Ashwin Shetti Director Ujwala Sudip Narvekar Director Ishan Mahesh Hanamshet Director Recognitions & Rankings of Popular Concrete
Contact details
Popular Concrete Private Limited's registered office is in Belgaum, Karnataka. Its website is popularind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressCts 5854 Above Hdfc Bank, 3rd Floor Congress Road, Belgaum, Karnataka, India – 590006
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Popular Concrete Private Limited, buy the company report.
Comprehensive company report
Popular Concrete 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
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Business activity
The main business activity of Popular Concrete is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Popular Concrete Private Limited, buy the company report.
Financials of Popular Concrete Private Limited
FY 2025 filings availablePopular Concrete Private Limited reported revenue of ₹41.39 Cr (down 2% YoY) for FY 2025.
Revenue · FY 2025
₹41.39 Cr ▼ 2%
Net profit · FY 2025
₹58.67 Lakh margin 1.4%
EBITDA · FY 2025
₹2.75 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 9%
3 years · compounded
▼ 4%
5 years · compounded
▼ 23%
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 9% 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 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹2.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹58.67 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Popular Concrete Private Limited, buy the company report.
Board of directors of Popular Concrete Private Limited
Popular Concrete has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namrata Ashwin Shetti | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Ujwala Sudip Narvekar | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Ishan Mahesh Hanamshet | Director | 21 Mar 2022 | 4 Years 7 Months | Current |
| Sudip Nagesh Narvekar | Director | 02 Nov 2010 | 15 Years 11 Months | Current |
| Mohini Mahesh Hanamshet Also directs: Popular Resources Limited Liability Partnership, Blueglobe Resources LLP, Popular Bio Fuels LLP and 2 more | Director | 05 Apr 2012 | 14 Years 6 Months | Current |
Auditor
Popular Concrete Private Limited is audited by Krishnanand Kamat for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krishnanand Kamat | FY 2023 |
Shareholding
The shareholding of Popular Concrete 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 Popular Concrete Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10 Cr
Satisfied charges
₹8.51 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2022 | 100602995 | Others | ₹2 Cr | Open | |
| 25 Jul 2014 | 10527577 | Others | ₹8 Cr | Open | |
| 24 Aug 2023 | 100774476 | Others | ₹21.8 Lakh | Satisfied | |
| 28 Jun 2023 | 100744075 | Others | ₹30 Lakh | Satisfied | |
| 23 Apr 2021 | 100464643 | Others | ₹66 Lakh | Satisfied |
To see the full charge records of Popular Concrete Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Popular Concrete Private Limited has 132 court cases on record: 119 filed by Popular Concrete, 13 filed against it. 30 cases are pending and 102 are disposed.
Total cases
132
Filed by the company
119
Filed against the company
13
Pending
30
Disposed
102
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 124 | 6 | 30 |
| High courts | 6 | 5 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 132)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BELAGAVI, Karnataka | Commercial matter | Filed against the company by Felicity Adobe LLP | Pending |
| District court, BELAGAVI, Karnataka | Commercial matter | Filed by the company against Anoop Javalkar Constructions Private Ltd, R/By Its Director, Anoop Dinanath Javalkar. and 1 other | Pending |
| District court, BELAGAVI, Karnataka | Commercial matter | Filed by the company against Metaltek Epc Projects LLP R/By Ajay Madanlal Bhandari | Disposed |
| High Court, KARNATAKA | Writ petition | Filed against the company by Jaykush Infrastructure Pvt. Ltd and 3 others | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed by the company against Enerfra Projects (India) Pvt Ltd, Represented by Its Directors. | Disposed |
To see the full case history of Popular Concrete 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 Popular Concrete Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Popular Concrete Private Limited has a workforce of 50 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-10.71%
GST
Popular Concrete has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCP4743F1ZA | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Popular Concrete Private Limited, buy the company report.
Recent activity
Popular Concrete Private Limited has 14 board changes on record since 2010: 5 appointments and 9 cessations. The latest: Ishan Mahesh Hanamshet ceased to be Additional Director on 30 Sep 2022.
Charges
A charge registered on 28 Jun 2023 via Charge ID 100744075 with Others was fully satisfied on 05 Nov 2025.
AGM
Popular Concrete Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Popular Concrete Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge registered on 23 Apr 2021 via Charge ID 100464643 with Others was fully satisfied on 29 Apr 2024.
Charges
A charge registered on 31 Mar 2021 via Charge ID 100442256 with Hdfc Bank Limited was fully satisfied on 13 Apr 2024.
Charges
A charge registered on 24 Aug 2023 via Charge ID 100774476 with Others was fully satisfied on 20 Mar 2024.
Charges
A charge with Others amounted to Rs. 0.22 Cr with Charge ID 100774476 was registered on 24 Aug 2023.
Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100744075 was registered on 28 Jun 2023.
Ceased
Ishan Mahesh Hanamshet ceased to be Additional Director.
Ceased
Namrata Ashwin Shetti ceased to be Additional Director.
Ceased
Ujwala Sudip Narvekar ceased to be Additional Director.
Charges
A charge registered on 17 Mar 2018 via Charge ID 100163616 with Hdfc Bank Limited was fully satisfied on 15 Sep 2022.
29 earlier events are in the company report.
Frequently asked questions
Popular Concrete is an active private limited company based in Belgaum, Karnataka, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 01 April 2010 (16+ years old) and is registered under CIN U26950KA2010PTC053121.
Popular Concrete has 5 current directors:
- Namrata Ashwin Shetti - Director
- Ujwala Sudip Narvekar - Director
- Ishan Mahesh Hanamshet - Director
- Sudip Nagesh Narvekar - Director
- Mohini Mahesh Hanamshet - Director
The latest financial statements of Popular Concrete 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 Popular Concrete is 29AAFCP4743F1ZA, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Popular Concrete is U26950KA2010PTC053121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Popular Concrete has 132 court cases on record: 119 filed by the company and 13 filed against it. 30 are pending. Most are in the district courts.
Popular Concrete was incorporated on 01 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Ishan Mahesh Hanamshet ceased to be Additional Director on 30 Sep 2022. Namrata Ashwin Shetti ceased to be Additional Director on 30 Sep 2022. Ujwala Sudip Narvekar ceased to be Additional Director on 30 Sep 2022. Popular Concrete has 14 board changes on record in total.
Yes, Popular Concrete is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-04-0008685).
Popular Concrete can be reached through the website popularind.com. Its registered office is in Belgaum, Karnataka, India.
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