Nazo Developers Private Limited
About Nazo Developers Private Limited
Data last updated:
Nazo Developers Private Limited is a private 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 11 October 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63040MH1999PTC122146.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.42 Cr. It is led by directors including Piyush Prataprai Sheth and Deepam Piyush Sheth.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Behind Reliable Tech Park, Thane, Maharashtra.
Court records list 176 cases involving the company, including 8 filed by the company and 163 filed against it; 64 cases are pending.
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- Registered AddressPlot No. B – 45 Ttc Industrial Area, Behind Reliable Tech Park Digha Naka MIDC, Thane, Maharashtra, India – 400708
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Financials of Nazo Developers Private Limited FY 2025 filings available
Financial Statement Summary of Nazo Developers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nazo Developers Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nazo Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Nazo Developers Private Limited
Nazo Developers Private Limited is audited by KETAN MEHTA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KETAN MEHTA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Nazo Developers Private Limited
Nazo Developers has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Prataprai Sheth Also directs: Niva Exim Private Limited, Piyush Pratap Investment Private Limited, Potential Robotic Solutions Private Limited and 2 more | Director | 01 Apr 2016 | 10 Years 6 Months | Current |
| Deepam Piyush Sheth | Director | 26 Aug 2013 | 13 Years 1 Months | Current |
| Malkesh Sheth | Additional Director | 01 Nov 2025 | 0 Years 11 Months | Current |
Ownership and Shareholding of Nazo Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nazo Developers Private Limited
Nazo Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Nazo Developers Private Limited
Nazo Developers Private Limited has 176 court cases on record: 8 filed by Nazo Developers, 163 filed against it, 5 where it is another party. 64 cases are pending and 112 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 141 | 140 | 39 |
| High courts | 35 | 23 | 25 |
Cases on record (5 of 176)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SPMA) | Filed by the company against Dhanraj Mills Private Limited | Disposed |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (R.Appeal) | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (R.Appeal) | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (R.Appeal) | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (R.Appeal) | Filed against the company by an individual | Pending |
Full case history
All 176 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Nazo Developers Private Limited
Employment history and EPFO contributions of people linked to Nazo Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Nazo Developers Private Limited
Nazo Developers Private Limited has 19 board changes on record since 2007: 4 appointments and 15 cessations. The latest: Malkesh Sheth was appointed as Additional Director on 01 Nov 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nazo Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Nazo Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nazo Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nazo Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nazo Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nazo Developers Private Limited
Nazo Developers is an active private 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 11 October 1999 (27+ years old) and is registered under CIN U63040MH1999PTC122146.
Nazo Developers has 3 current directors:
- Piyush Prataprai Sheth - Director
- Deepam Piyush Sheth - Director
- Malkesh Sheth - Additional Director
The CIN (Corporate Identification Number) of Nazo Developers is U63040MH1999PTC122146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nazo Developers has 176 court cases on record: 8 filed by the company and 163 filed against it. 64 are pending. Most are in the district courts.
Nazo Developers was incorporated on 11 October 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Malkesh Sheth was appointed as Additional Director on 01 Nov 2025. Pramod Narayandas Raval was appointed as Director on 28 Aug 2023. Urvi Deepam Sheth ceased to be Director on 01 Apr 2023. Nazo Developers has 19 board changes on record in total.
The registered office of Nazo Developers is at Plot No. B – 45 Ttc Industrial Area, Behind Reliable Tech Park Digha Naka MIDC, Thane, Maharashtra, India – 400708.
Nazo Developers has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.42 Cr.
Nazo Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
No. Nazo Developers is not listed on any stock exchange. It is an unlisted company.