About Piramal Agastya Offices Private Limited
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Piramal Agastya Offices Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Piramal Capital & Housing Finance Limited. It operates in the real estate financing segment of the financial services sector. It was incorporated on 20 November 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2006PTC165659. Its GSTIN is 27AACCN3947N1ZY (Maharashtra).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹32.49 Cr. It was formerly known as Prl Agastya Private Limited and Neptune Realtors Private Limited. It is led by directors Sunit Madan and Jagdeep Mallareddy.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Wing A Amiti Building Agastya Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹107.33 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net loss of ₹7.53 Cr (net margin -7%) and EBITDA of ₹79.11 Cr (EBITDA margin 73.7%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 32% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Piramal. As per MCA filings, the company has open charges of ₹650 Cr and satisfied charges of ₹2,758 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 7 cases are pending. The company has 11 deals on record (7 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹155.99 Cr; the latest was in March 2024. The company has 8 MSME Form 1 returns on record between 2022 and 2024, listing 10 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website piramalagastya.com.
Company details
Name history
Piramal Agastya Offices has undergone 2 name changes throughout its history. The company was previously known as Prl Agastya Private Limited, and Neptune Realtors Private Limited. The current legal name is Piramal Agastya Offices Private Limited.
| Company Name | Status |
|---|---|
| Piramal Agastya Offices Private Limited | Current |
| Prl Agastya Private Limited | Previous |
| Neptune Realtors Private Limited | Previous |
Contact details
Piramal Agastya Offices Private Limited's registered office is in Mumbai, Maharashtra. Its website is piramalagastya.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWing A Amiti Building Agastya Corporate Park, Kamani Junction Lbs Marg Opposite Fire Brigade Kurla (West), Mumbai, Maharashtra, India – 400070
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Piramal Agastya Offices 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
Brands
Piramal Agastya Offices operates one associated brand: Piramal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate projects are developed by Piramal in Mumbai, India. | piramalagastya.com |
Business activity
The main business activity of Piramal Agastya Offices is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Piramal Agastya Offices Private Limited, buy the company report.
Financials of Piramal Agastya Offices Private Limited
FY 2025 filings availablePiramal Agastya Offices Private Limited reported revenue of ₹107.33 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 32% over five years, including 3% growth in the latest year. EBITDA fell 2% 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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| EBITDA | ₹79.11 Cr | ||||
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| Net Profit (PAT) | -₹7.53 Cr | ||||
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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 | 73.7% | ||||
| Net Profit Margin | -7% | ||||
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To see the full financial statements and ratios of Piramal Agastya Offices Private Limited, buy the company report.
Board of directors of Piramal Agastya Offices Private Limited
Piramal Agastya Offices has 2 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunit Madan | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
| Jagdeep Mallareddy Also directs: Pramerica Life Insurance Limited, Piramal Payment Services Limited | Director | 13 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Piramal Agastya Offices Private Limited is audited by A P K J & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A P K J & Associates | FY 2023 | 156299W |
Shareholding
The shareholding of Piramal Agastya Offices 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 Piramal Agastya Offices Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2023 | 100681423 | Others | ₹650 Cr | Open | |
| 19 Jul 2021 | 100468137 | Others | ₹425 Cr | Satisfied | |
| 18 Jan 2021 | 100408439 | Standard Chartered Bank | ₹3 Cr | Satisfied | |
| 04 Oct 2019 | 100294076 | Idbi Trusteeship Services Limited | ₹110 Cr | Satisfied | |
| 25 Feb 2019 | 100240054 | Idbi Trusteeship Services Limited | ₹600 Cr | Satisfied |
To see the full charge records of Piramal Agastya Offices Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
Piramal Agastya Offices Private Limited has 11 deals on record (7 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹155.99 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Piramal Structured Finance, Piramal Finance Limited & Bipin Singh Seller: PRL Developers Private Limited , PRL Developers Private Limited & Ajay G Piramal |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: Piramal Structured Finance Seller: PRL Developers Private Limited |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: PRL Developers Private Limited Seller: Piramal Commercial Estates LLP |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: PRL Developers Private Limited Seller: Neptune Developers Limited |
| Jul 2015 | Secondary share transfer | Undisclosed | Buyer: PRL Developers Private Limited Seller: Piramal Commercial Estates LLP |
To see the full deal history of Piramal Agastya Offices Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Piramal Agastya Offices Private Limited has 12 court cases on record: 4 filed by Piramal Agastya Offices, 8 filed against it. 7 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 4 | 5 |
| NCLAT | 3 | 3 | 0 |
| District courts | 1 | 0 | 1 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Guerrilla Infra Solutions Private Limited | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Guerrilla Infra Solutions Private Limited | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Guerrilla Infra Solutions Private Limited | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LC) | Filed by the company against Guerrilla Infra Solutions Private Limited | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Guerrilla Infra Solutions Private Limited | Disposed |
To see the full case history of Piramal Agastya Offices 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
Piramal Agastya Offices Private Limited has 8 MSME Form 1 returns on record between 2022 and 2024, listing 10 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kalaya-Crescent Interiors Private Limited | |||
| Newarch Landscapes LLP | |||
| Digistan Systems and Services Private Limited | |||
| an individual supplier | |||
| Wohr Parking Systems Private Limited |
To see the full MSME payment records of Piramal Agastya Offices Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Piramal Agastya Offices Private Limited has a workforce of 4 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Piramal Agastya Offices has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN3947N1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Piramal Agastya Offices Private Limited, buy the company report.
Recent activity
Piramal Agastya Offices Private Limited has 40 board changes on record since 2006: 21 appointments and 19 cessations. The latest: Upma Goel ceased to be Director on 30 Sep 2025.
53 earlier events are in the company report.
Frequently asked questions
Piramal Agastya Offices is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 20 November 2006 (20+ years old) and is registered under CIN U45201MH2006PTC165659.
Piramal Agastya Offices has 2 current directors:
- Sunit Madan - Director
- Jagdeep Mallareddy - Director
The latest financial statements of Piramal Agastya Offices on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Piramal Agastya Offices is 27AACCN3947N1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Piramal Agastya Offices is U45201MH2006PTC165659. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Piramal Agastya Offices has 12 court cases on record: 4 filed by the company and 8 filed against it. 7 are pending. Most are in the high courts.
Piramal Agastya Offices was incorporated on 20 November 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Piramal Agastya Offices has 11 deals on record (7 secondary share transfers, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹155.99 Cr; the latest was in March 2024.
Upma Goel ceased to be Director on 30 Sep 2025. Anuj Jitendra Mehta ceased to be Director on 13 Dec 2022. Girish Balkrishan Goenka ceased to be Director on 13 Dec 2022. Piramal Agastya Offices has 40 board changes on record in total.
Piramal Agastya Offices has 8 MSME Form 1 returns on record between 2022 and 2024, listing 10 overdue payments to 6 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Piramal Agastya Offices can be reached through the website piramalagastya.com. Its registered office is in Mumbai, Maharashtra, India.