Promoter holding
64.27%
BP
Bajel Projects Limited - Due diligence report
A 360° intelligence report on Bajel Projects Limited: trust score, financial health, credit view, compliance, directors, growth and distress…
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Bajel Projects Limited — 360° Intelligence Report
Generated from MCA filings & public records70/100
Trust Score
Moderate
Bajel Projects Limited is assessed as Moderate with a Trust Score of 70/100. Bajel Projects Limited is an active public limited indian non-government company incorporated in 2022, operating in the Construction sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 16 Jul 2026 from the latest processed filings. Bajel Projects Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
70/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
30/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
95/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 2 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 40/100 Caution Indicated
- Liabilities ≈ 38% EBITDA - stretched.
- Open charges exceed net worth - secured lenders rank ahead.
- Profitable - internal accruals available.
Charges position: 1 open (2,400.00 cr) · 8 satisfied (1,390.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Others | 5 | 48.0 cr |
| Bank Of India | 1 | 48.0 cr |
| Yes Bank Limited | 1 | 48.0 cr |
| Standard Chartered Bank | 1 | 48.0 cr |
| Tata Capital Financial Services Limited | 1 | 48.0 cr |
Compliance Score: 78/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- Delayed payments to MSME suppliers disclosed (242 disclosure(s)).
- 8 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 30/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| MANECK ERUCH DAVAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| BINDA PRASAD MISRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SUDARSHAN SAMPATHKUMAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RADHIKA CARLTON PEREIRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SHEKHAR BAJAJ | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Ajay Suresh Nagle | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJESH GANESH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAJENDRA PRASAD SINGH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AJAY SURESH NAGLE | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rajesh Ganesh | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 10 directors on the board.
- AJAY SURESH NAGLE has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 8 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2024)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Bajaj Electricals Limited
Subsidiaries
-
Group entities
-
Capital events
-
Promoters hold a minority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Bajaj Electricals Limited | Holding Company | 74.00% |
Key managerial personnel: BINDA PRASAD MISRA (CFO) · RAJESH GANESH (CEO) · AJAY SURESH NAGLE (Whole-time director)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 95 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +1.42 over 1 year(s).
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Asset base grew 0.86 - capacity expansion.
Net margin improved to 61%.
Young company (4 years).
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 38% in a year.
1 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 5.54 cr.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence76/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment62/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 1 open charge(s) of 2,400.00 cr already registered.
- Compliance record supports lending.
Investor view84/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 5 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events14 Aug 2025
Last AGM held
Annual general meeting
13 Aug 2025
Director ceased
SUDARSHAN SAMPATHKUMAR
22 May 2025
Director appointed
SUDARSHAN SAMPATHKUMAR (Director)
31 Mar 2025
Latest balance sheet
Filed with ROC
24 Sep 2024
Charge satisfied
Others
16 Sep 2024
Charge satisfied
Standard Chartered Bank
12 Sep 2024
Charge satisfied
Others
05 Sep 2024
Charge satisfied
Others
27 Aug 2024
Charge satisfied
Bank Of India
26 Aug 2024
Charge satisfied
Others
04 Jul 2024
Charge satisfied
Yes Bank Limited
23 May 2024
Director appointed
Rajesh Ganesh (Ceo)
14 May 2024
Charge created
Others - 2,400.00 cr
29 Apr 2024
Director appointed
RAJESH GANESH (CEO)
23 Mar 2024
Charge satisfied
Tata Capital Financial Services Limited
10
Key Observations
Auto-generated from the data aboveRevenue grew 1.42 over the last 1 financial year(s).
Net profit margin moved from 2.1x to 24%.
Debt-to-equity stands at 0.86 - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
10 active director(s) / partner(s); review board churn before relying on management continuity.
8 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a minority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Keller Ground Engineering India Private Limited | U45200TN2002PTC060299 | Saidapet, Tamil Nadu, India |
| L&T Construction | U45203TN2020PTC139693 | Chennai, Tamil Nadu, India |
| Shankaranarayana Constructions Private Limited | U40401KA2006PTC038820 | Road, Bangalore., Karnataka, India |
| Ramky Infrastructure | L74210TG1994PLC017356 | Hyderabad, Telangana, India |
| Skipper | L40104WB1981PLC033408 | Kolkata, West Bengal, India |
| Blue Star | L28920MH1949PLC006870 | Mumbai, Maharashtra, India |
| Voltas | L29308MH1954PLC009371 | Mumbai, Maharashtra, India |
| Mazagon Dock | L35100MH1934GOI002079 | Mumbai, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Bajel Projects Limited before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Bajel Projects Limited: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 95/100, margin trends, ownership structure and peer set for Bajel Projects Limited - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 70/100, distress signals and MSME payment-delay disclosures - know whether Bajel Projects Limited pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Bajel Projects Limited - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Bajel Projects Limited an active company?
Bajel Projects Limited has MCA status “Active” with a compliance score of 78/100 (Low Risk).
Is Bajel Projects Limited financially healthy?
Bajel Projects Limited has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.
Should I do business with Bajel Projects Limited?
Its overall Trust Score is 70/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Bajel Projects Limited?
The ultimate holding entity is Bajaj Electricals Limited. 10 active director(s) are on record.
Does Bajel Projects Limited have loans or charges against its assets?
1 open charge(s) are registered against its assets, and 8 earlier charge(s) stand satisfied.
Is Bajel Projects Limited up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 78/100 (Low Risk).
Is it risky to lend to Bajel Projects Limited?
Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
