About Puranik Builders Limited
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Puranik Builders Limited is a public limited company based in Thane, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 May 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1990PLC056451. Its GSTIN is 27AABCP0109R1Z9 (Maharashtra).
The company has an authorised share capital of ₹115 Cr and a paid-up capital of ₹57.65 Cr. It was formerly known as Puranik Builders Private Limited. It is led by directors including Shailesh Gopal Puranik (Managing Director) and Yogesh Govind Puranik (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Puranik One Near Kanchanpushpa Complex Opp Suraj Water Park, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹527.46 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹8.04 Cr (net margin 1.5%) and EBITDA of ₹14.99 Cr (EBITDA margin 2.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 191 employees on its provident fund (EPFO) records. Its group structure includes 10 subsidiaries.
The company is associated with 1 brand: Puranik Builders. As per MCA filings, the company has open charges of ₹1,861.5 Cr and satisfied charges of ₹2,277.61 Cr on record. Court records list 181 cases involving the company, including 70 filed by the company and 111 filed against it; 43 cases are pending. The company has 8 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹51 Cr; the latest was in October 2020. The company has 29 MSME Form 1 returns on record between 2006 and 2024, listing 368 overdue payments to 44 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 puranikbuilders.com.
Company details
CIN history
Puranik Builders has one previous CIN (Corporate Identification Number): U99999MH1990PTC056451. The current CIN is U99999MH1990PLC056451, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1990PLC056451 | Current |
| U99999MH1990PTC056451 | Previous |
Contact details
Puranik Builders Limited's registered office is in Thane, Maharashtra. Its website is puranikbuilders.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPuranik One Near Kanchanpushpa Complex Opp Suraj Water Park Kavesar Ghodbunder Road Th, Ane West, Thane, Maharashtra, India – 400615
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Puranik Builders 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
Puranik Builders operates one associated brand: Puranik Builders. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Residential and commercial properties are developed in India. | puranikbuilders.com |
Business activity
The main business activity of Puranik Builders 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 Puranik Builders Limited, buy the company report.
Financials of Puranik Builders Limited
FY 2024 filings availablePuranik Builders Limited reported revenue of ₹527.46 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA fell 80% 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 | ₹14.99 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹8.04 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 | 2.8% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Puranik Builders Limited, buy the company report.
Board of directors of Puranik Builders Limited
Puranik Builders has 8 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailendra Maheshwari | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
| Yogesh Govind Puranik Also directs: Puranik Tokyo Bay Private Limited, Syns Builders Private Limited, Puranik Buildcon Private Limited and 5 more | Whole-Time Director | 08 May 1990 | 36 Years 5 Months | Current |
| Shailesh Gopal Puranik Also directs: Annapurna Lifespaces LLP, Puranik Tokyo Bay Private Limited, Syns Builders Private Limited and 5 more | Managing Director | 08 May 1990 | 36 Years 5 Months | Current |
| Shrikant Govind Puranik Also directs: Annapurna Lifespaces LLP, Puranik Tokyo Bay Private Limited, Syns Builders Private Limited and 5 more | Whole-Time Director | 08 May 1990 | 36 Years 5 Months | Current |
| Nilesh Ravindra Puranik Also directs: Puranik Tokyo Bay Private Limited, Syns Builders Private Limited, Puranik Buildcon Private Limited and 5 more | Whole-Time Director | 08 May 1990 | 36 Years 5 Months | Current |
| Jayant Raju Avaral | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
Auditor
Puranik Builders Limited is audited by Sanjay Rane & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay Rane & Associates LLP | FY 2023 | 121089W |
Shareholding
The shareholding of Puranik Builders 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 Puranik Builders Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2024 | 101028580 | Others | ₹100 Cr | Open | |
| 24 Aug 2023 | 100772804 | Others | ₹42 Cr | Open | |
| 27 Jan 2023 | 100681398 | Others | ₹125 Cr | Open | |
| 25 May 2021 | 100452411 | Others | ₹44.2 Cr | Open | |
| 02 Mar 2020 | 100336288 | Others | ₹200 Cr | Open |
To see the full charge records of Puranik Builders Limited, buy the company report.
Total charge records: 71 View all charges
Deals & funding
Puranik Builders Limited has 8 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹51 Cr; the latest was in October 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Debt financing | ₹27 Cr | Investors: Indostar Capital Finance Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Puranik Family Private Trust, Puranik Business Private Trust Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Oct 2017 | Acquisition | ₹278.33 Cr | Buyer: Piramal Finance Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ravindra Damodar Puranik HUF, 3 individuals |
To see the full deal history of Puranik Builders 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
Puranik Builders Limited has 181 court cases on record: 70 filed by Puranik Builders, 111 filed against it. 43 cases are pending and 138 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 118 | 80 | 30 |
| High courts | 46 | 18 | 13 |
| NCLAT | 8 | 8 | 0 |
| NCLT | 6 | 2 | 0 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 181)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CARBA) | Filed against the company by Supreme Construction and Developers Pvt Ltd | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Puranik Buildcon Pvt Ltd Through Its Director Yogesh Govind Puranik | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by M/S Relcon Infraprojects Ltd Through Authorised Representative Mr Chitntan Vipul Saha | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against M/S JVM Spaces Pvt Ltd. and 19 others | Pending |
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Haware Engineers and Builders Pvt. Ltd. | Pending |
To see the full case history of Puranik Builders 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
Puranik Builders Limited has 29 MSME Form 1 returns on record between 2006 and 2024, listing 368 overdue payments to 44 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 44)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Aakit Technologies Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Insign Technology Private Limited |
To see the full MSME payment records of Puranik Builders Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Puranik Builders has 10 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Swapnadhara Project Private Limited | U45200MH2002PTC138282 | |
| Syns Builders Private Limited | U45201MH2011PTC215773 | |
| Puranik Buildcon Private Limited | U45400MH2007PTC170399 | |
| Ekdant Constructions and Developers Private Limited | U45400MH2008PTC185817 | |
| S.G.P Real Estates Private Limited | U45400MH2011PTC216374 | |
| SHP Real Estates Private Limited | U45400MH2011PTC216387 |
To see the full group structure of Puranik Builders Limited, buy the company report.
Employees & EPFO
Puranik Builders Limited has a workforce of 191 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Puranik Builders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP0109R1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Puranik Builders Limited, buy the company report.
Recent activity
Puranik Builders Limited has 24 board changes on record since 1990: 8 appointments and 16 cessations. The latest: Suyash Bhise Neelkanth ceased to be CFO on 15 Sep 2023.
166 earlier events are in the company report.
News
Frequently asked questions
Puranik Builders is an active public limited company based in Thane, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 May 1990 (36+ years old) and is registered under CIN U99999MH1990PLC056451.
Puranik Builders has 8 current directors:
- Shailesh Gopal Puranik - Managing Director
- Yogesh Govind Puranik - Whole-Time Director
- Shrikant Govind Puranik - Whole-Time Director
- Nilesh Ravindra Puranik - Whole-Time Director
- Shailendra Maheshwari - Director
- Jayant Raju Avaral - Director
- Amol Sudam Shimpi - Director
- Sneha Vidyadhar Khandekar - Director
The latest financial statements of Puranik Builders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Puranik Builders is 27AABCP0109R1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Puranik Builders is U99999MH1990PLC056451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Puranik Builders has 181 court cases on record: 70 filed by the company and 111 filed against it. 43 are pending. Most are in the district courts.
Puranik Builders was incorporated on 08 May 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Puranik Builders has 8 deals on record (3 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹51 Cr; the latest was in October 2020.
Suyash Bhise Neelkanth ceased to be CFO on 15 Sep 2023. Jayant Raju Avaral ceased to be Additional Director on 08 Aug 2022. Shailendra Maheshwari ceased to be Additional Director on 08 Aug 2022. Puranik Builders has 24 board changes on record in total.
Puranik Builders has 29 MSME Form 1 returns on record between 2006 and 2024, listing 368 overdue payments to 44 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Puranik Builders can be reached through the website puranikbuilders.com. Its registered office is in Thane, Maharashtra, India.
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