About Nandi Vardhan Infrastructure Limited
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Nandi Vardhan Infrastructure Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Nandi Vardhan Constructions Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2010PLC201373. Its GSTIN is 27AADCN2328J1ZG (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Yash Ritesh Mutha and Nagraj Tolaji Mutha.
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 2403 A – Wing Marathon Futurex Mafatlal Mills Compound N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.89 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.51 Cr (net margin 80%) and EBITDA of ₹1.74 Cr (EBITDA margin 92.4%). Revenue has grown at a compounded annual rate (CAGR) of 171% over three years and 247% over five years.
The company is associated with 1 brand: Nandivardhan Group. Court records list 30 cases involving the company, including 5 filed by the company and 25 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nandivardhan.com.
Company details
Contact details
Nandi Vardhan Infrastructure Limited's registered office is in Mumbai, Maharashtra. Its website is nandivardhan.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2403 A – Wing Marathon Futurex Mafatlal Mills Compound N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nandi Vardhan Infrastructure 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
Nandi Vardhan Infrastructure operates one associated brand: Nandivardhan Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Creates innovative technologies for luxury residential properties. | nandivardhan.com |
Financials of Nandi Vardhan Infrastructure Limited
FY 2025 filings availableNandi Vardhan Infrastructure Limited reported revenue of ₹1.89 Cr (up 4049% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 247% over five years. 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Other Income | |||||
| Total Revenue | ₹1.89 Cr | ||||
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| EBITDA | ₹1.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.51 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 92.4% | ||||
| Net Profit Margin | 80% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nandi Vardhan Infrastructure Limited, buy the company report.
Board of directors of Nandi Vardhan Infrastructure Limited
Nandi Vardhan Infrastructure has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Yash Ritesh Mutha Also directs: Mextech Realty Private Limited, Oasis Infra-Ventures Private Limited, Nandi Vardhan Realtors Limited and 5 more | Director | 12 Dec 2012 | 13 Years 10 Months | Current |
| Nagraj Tolaji Mutha Also directs: Mextech Realty Private Limited, Oasis Infra-Ventures Private Limited, Nandi Vardhan Realtors Limited and 2 more | Director | 29 Mar 2010 | 16 Years 6 Months | Current |
| Anil Nagraj Mutha Also directs: Mextech Realty Private Limited, Oasis Infra-Ventures Private Limited, Nandi Vardhan Realtors Limited and 5 more | Director | 29 Mar 2010 | 16 Years 6 Months | Current |
Auditor
Nandi Vardhan Infrastructure Limited is audited by Raj Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Raj Jain & Associates | FY 2023 | 108305W |
Shareholding
The shareholding of Nandi Vardhan Infrastructure 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 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nandi Vardhan Infrastructure Limited, buy the company report.
Legal cases
Nandi Vardhan Infrastructure Limited has 30 court cases on record: 5 filed by Nandi Vardhan Infrastructure, 25 filed against it. 13 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 25 | 20 | 13 |
| District courts | 2 | 2 | 0 |
| High courts | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Asset Reconstruction Company (India) Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Icici Prudential Asset Management Company Limited and 1 other | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Idbi Trusteeship Services Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Asset Reconstruction Company India Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Icici Prudential Asset Management Company Limited and 1 other | Disposed |
To see the full case history of Nandi Vardhan Infrastructure 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 Nandi Vardhan Infrastructure Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nandi Vardhan Infrastructure has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN2328J1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nandi Vardhan Infrastructure Limited, buy the company report.
Recent activity
Nandi Vardhan Infrastructure Limited has 5 board changes on record since 2010: 3 appointments and 2 cessations. The latest: Yash Ritesh Mutha ceased to be Additional Director on 27 Sep 2013.
Frequently asked questions
Nandi Vardhan Infrastructure is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 March 2010 (16+ years old) and is registered under CIN U45200MH2010PLC201373.
Nandi Vardhan Infrastructure has 3 current directors:
- Yash Ritesh Mutha - Director
- Nagraj Tolaji Mutha - Director
- Anil Nagraj Mutha - Director
The latest financial statements of Nandi Vardhan Infrastructure 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 Nandi Vardhan Infrastructure is 27AADCN2328J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nandi Vardhan Infrastructure is U45200MH2010PLC201373. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nandi Vardhan Infrastructure has 30 court cases on record: 5 filed by the company and 25 filed against it. 13 are pending. Most are in the nclat.
Nandi Vardhan Infrastructure was incorporated on 29 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Yash Ritesh Mutha ceased to be Additional Director on 27 Sep 2013. Bharti Anil Mutha ceased to be Director on 02 Sep 2013. Yash Ritesh Mutha was appointed as Director on 12 Dec 2012. Nandi Vardhan Infrastructure has 5 board changes on record in total.
Nandi Vardhan Infrastructure can be reached through the website nandivardhan.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nandi Vardhan Infrastructure is at 2403 A – Wing Marathon Futurex Mafatlal Mills Compound N M Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013.