Nipun Devcon Private Limited
About Nipun Devcon Private Limited
Data last updated:
Nipun Devcon Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the building construction segment of the construction sector. It was incorporated on 15 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U70101MP2011PTC026767. Its GSTIN is 23AADCN9203G1ZR (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors Nipun Agrawal (Managing Director) and Dilip Kumar Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Lg – 3 Classic Diamod Wb – 99 Sector – 94 Bombay Hospital Service Road, Indore, Madhya Pradesh, India – 452010.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.58 Lakh, a growth of 91% compared to the previous year. For the same year it recorded a net loss of ₹4.16 Lakh (net margin -54.8%) and EBITDA of -₹4.15 Lakh (EBITDA margin -54.7%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 28% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nipun Devcon Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLg – 3 Classic Diamod Wb – 99 Sector – 94 Bombay Hospital Service Road, Indore, Madhya Pradesh, India – 452010
- IndustryConstruction, Buildings
To see the full contact details of Nipun Devcon Private 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
Business activity
The main business activity of Nipun Devcon is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Nipun Devcon Private Limited, buy the company report.
Financials of Nipun Devcon Private Limited
FY 2024 filings availableNipun Devcon Private Limited reported revenue of ₹7.58 Lakh (up 91% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 91% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA fell 67% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹4.15 Lakh | ||||
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| Net Profit (PAT) | -₹4.16 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -54.7% | ||||
| Net Profit Margin | -54.8% | ||||
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To see the full financial statements and ratios of Nipun Devcon Private Limited, buy the company report.
Board of directors of Nipun Devcon Private Limited
Nipun Devcon has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nipun Agrawal | Managing Director | 03 Jul 2023 | 3 Years 4 Months | Current |
| Dilip Kumar Agrawal | Director | 21 Sep 2023 | 3 Years 1 Months | Current |
Peer comparison
Nipun Devcon Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (real estate activities on fee or contract basis), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hollywood Properties Private Limited | ₹7.62 Lakh (FY 2024) | -36.0% | Kolkata, West Bengal, India | |||
| Fairway Realty Private Limited | ₹7.61 Lakh (FY 2017) | 723.0% | Bangalore, Karnataka, India | |||
| Excellent Dealers Ltd | ₹7.6 Lakh (FY 2018) | -7.0% | Kolkata, West Bengal, India | |||
| Sri Vaishu Developers Private Limited | ₹7.59 Lakh (FY 2025) | 90.0% | Mahbubnagar, Telangana, India | |||
| R.K. City Promoters Private Limited | ₹7.58 Lakh (FY 2024) | -87.0% | Delhi, India | |||
| Nipun Devcon Private Limitedthis company | ₹7.58 Lakh (FY 2024) | -₹4.16 Lakh | -54.8% | 91.0% | Indore, Madhya Pradesh, India | |
| Art Stone Mozzo Enterprises Private Limited | ₹7.58 Lakh (FY 2020) | -84.0% | Lucknow, Uttar Pradesh, India | |||
| Samchai Happy Enterprises Private Limited | ₹7.58 Lakh (FY 2025) | -72.0% | Hyderabad, Telangana, India | |||
| D I F Infratech Private Limited | ₹7.57 Lakh (FY 2019) | 2.0% | Lucknow, Uttar Pradesh, India | |||
| Siyaram Realtech Private Limited | ₹7.56 Lakh (FY 2024) | 15.0% | Delhi, India | |||
| Ann Real Estate Private Limited | ₹7.55 Lakh (FY 2023) | Kannur, Kerala, India |
To see the full peer comparison of Nipun Devcon Private Limited, buy the company report.
Auditor
Nipun Devcon Private Limited is audited by VIKAS AJMERA & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKAS AJMERA & Co | FY 2017 | 009110C |
Shareholding
The shareholding of Nipun Devcon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nipun Devcon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nipun Devcon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nipun Devcon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nipun Devcon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AADCN9203G1ZR | Madhya Pradesh | Active | 31 Aug 2017 |
To see the full GST registrations and return filing status of Nipun Devcon Private Limited, buy the company report.
Recent activity
Nipun Devcon Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Dilip Kumar Agrawal was appointed as Director on 21 Sep 2023.
Frequently asked questions
Nipun Devcon is an active private limited company based in Indore, Madhya Pradesh, India. The company works in buildings, within the construction industry. It was incorporated on 15 September 2011 (15+ years old) and is registered under CIN U70101MP2011PTC026767.
Nipun Devcon has 2 current directors:
- Nipun Agrawal - Managing Director
- Dilip Kumar Agrawal - Director
The latest financial statements of Nipun Devcon on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nipun Devcon is 23AADCN9203G1ZR, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Nipun Devcon is U70101MP2011PTC026767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nipun Devcon was incorporated on 15 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Nipun Devcon by revenue are Hollywood Properties Private Limited, Fairway Realty Private Limited, Excellent Dealers Ltd, Sri Vaishu Developers Private Limited, R.K. City Promoters Private Limited and 5 more, all in the same principal business activity (real estate activities on fee or contract basis).
Dilip Kumar Agrawal was appointed as Director on 21 Sep 2023. Nipun Agrawal was appointed as Managing Director on 03 Jul 2023. Rahul ceased to be Additional Director on 30 Nov 2021. Nipun Devcon has 8 board changes on record in total.
The registered office of Nipun Devcon is at Lg – 3 Classic Diamod Wb – 99 Sector – 94 Bombay Hospital Service Road, Indore, Madhya Pradesh, India – 452010.
Nipun Devcon operates in the construction industry, in the buildings segment.
The compliance status of Nipun Devcon is compliant as of 07 July 2026. The company is actively filing with the Registrar of Companies.
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