Bhanderi Procon Limited - Due diligence report

A 360° intelligence report on Bhanderi Procon Limited: trust score, financial health, credit view, compliance, directors, growth and distres…

2006-10-20 Ahmedabad, Gujarat Active Unlisted Active Non-Compliant
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BP Bhanderi Procon Limited
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Bhanderi Procon Limited — 360° Intelligence Report

Generated from MCA filings & public records
72/100
Trust Score
Moderate

Bhanderi Procon Limited is assessed as Moderate with a Trust Score of 72/100. Bhanderi Procon Limited is an active public limited indian non-government company incorporated in 2006, operating in the Real Estate and 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 moderate compliance risk and low financial risk profile.

Report generated on 16 Jul 2026 from the latest processed filings. Bhanderi Procon Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Neutral

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 & explainable
Trust ScoreModerate
72/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
54/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
90/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
45/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores 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: 60/100 Moderate
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.
  • Profitable - internal accruals available.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 54/100 Moderate
  • Company status is Active as per MCA.
  • Marked ACTIVE non-compliant (INC-22A).
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 2 court forum(s).
Legal cases on record (2)
05

Director Intelligence

Stability score: 45/100
NameDIN / PANDesignationAppointedTenureDIN status
BHAVESHKUMAR BHAGVANBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
MUKESHBHAI BALUBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
BHUMIKABEN SUNILBHAI PATEL 01234567 Director 01/04/2018 6 yrs Approved
Malav Jayantibhai Patel 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • BHAVESHKUMAR BHAGVANBHAI PATEL has DIN status "Deactivated due to non-filing of DIR-3 KYC".
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
3 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Shreenathji Vastucon Private Limited Associate Company 74.00%

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +38% over 4 year(s).
Latest year revenue grew 1.42.
Profit expanded 2.1x year-on-year.
Operating for 19+ years.
Distress signals & risk flags
Compliance score is weak (54/100).
2 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence70/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment68/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance gaps should be priced into terms.
Investor view86/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 3 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management churn warrants questions.
09

MCA Filings & Events Timeline

Latest 15 events
10 Mar 2025
Director appointed
Malav Jayantibhai Patel (Additional Director)
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
02 Aug 2023
Director ceased
DHIRUBHAI MOHANBHAI BHANDERI
20 Oct 2020
Director ceased
RAVINDRA BHEDA
17 Jan 2018
Director ceased
SUNIL PATEL DHIRUBHAI
16 Jan 2018
Director appointed
BHUMIKABEN SUNILBHAI PATEL (Additional Director)
20 Jun 2016
Director appointed
MUKESHBHAI BALUBHAI PATEL (Additional Director)
Director ceased
KANUBHAI GOVINDBHAI BHANDERI
Director ceased
NIKUNJ VINUBHAI CHODVADIYA
30 Sep 2014
Director ceased
ROHIT AMRUTBHAI THUMAR
27 Dec 2013
Securities allotted
10000000.00 Preference Shares - 10.00 cr raised
30 Mar 2013
Securities allotted
21250000.00 Preference Shares - 21.25 cr raised
21 Mar 2013
Securities allotted
40200.00 Equity Shares - 4.02 Lakh raised
19 Jan 2010
Director appointed
BHAVESHKUMAR BHAGVANBHAI PATEL (Director)
10

Key Observations

Auto-generated from the data above
Revenue grew 24% over the last 4 financial year(s).
Net profit margin moved from 0.86 to 61%.
Net worth is positive.
4 active director(s) / partner(s); review board churn before relying on management continuity.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 3 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Thee House Of Real Estate Solutions Private Limited U70109PN2021PTC203367 Pune, Maharashtra, India
Rishtey Township Private Limited U45200UP2019PTC116983 Lucknow, Uttar Pradesh, India
Shreshtha Real Estates Private Limited U45200DL2008PTC174423 Delhi, Delhi, India
Marten Ventures Private Limited U70109DL2012PTC234316 New Delhi, Delhi, India
Shri Tirupati Venkateshwar Infrahousing Private Limited U70102UP2012PTC053215 Bareilly, Uttar Pradesh, India
Oneair Developers Private Limited U45201MH2022PTC381318 Mumbai, Maharashtra, India
Bindal Buildcon Private Limited U70100WB2008PTC121583 Kolkata, West Bengal, India
G.S.Interconnect Private Limited U72300DL2007PTC166341 Neb Sarai, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Bhanderi Procon Limited before audits and certifications: compliance score 54/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Bhanderi Procon 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 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Bhanderi Procon Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 72/100, distress signals and MSME payment-delay disclosures - know whether Bhanderi Procon 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 Bhanderi Procon Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Bhanderi Procon Limited an active company?

Bhanderi Procon Limited has MCA status “Active” with a compliance score of 54/100 (Moderate).

Is Bhanderi Procon Limited financially healthy?

Bhanderi Procon Limited has a Financial Health Score of 90/100 (Low Risk) based on its filed financial statements.

Should I do business with Bhanderi Procon Limited?

Its overall Trust Score is 72/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Bhanderi Procon Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 4 active director(s) are on record.

Does Bhanderi Procon Limited have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Bhanderi Procon Limited up to date with its ROC filings?

Marked ACTIVE non-compliant (INC-22A). Overall compliance score: 54/100 (Moderate).

Is it risky to lend to Bhanderi Procon Limited?

Its Credit Risk Score is 60/100 (Moderate). 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.