About Nirbhay Developers Private Limited
Data last updated:
Nirbhay Developers Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the building construction segment of the construction sector. It was incorporated on 16 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2010PTC059607. Its GSTIN is 24AADCN2015L1ZQ (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Govindji Tejmal Rathod and Bharatkumar Dahyabhai Thakker.
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 201 Maruti Crystal Opp Rajpath Club Bodakdev S G Highway, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.49 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net profit of ₹14.98 Lakh (net margin 69.7%) and EBITDA of ₹19.73 Lakh (EBITDA margin 91.8%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 2% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirbhaycapital.com.
Company details
Contact details
Nirbhay Developers Private Limited's registered office is in Ahmedabad, Gujarat. Its website is nirbhaycapital.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address201 Maruti Crystal Opp Rajpath Club Bodakdev S G Highway, Ahmedabad, Gujarat, India – 380054
- IndustryConstruction, Buildings
To see the full contact details of Nirbhay Developers 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 Nirbhay Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Nirbhay Developers Private Limited, buy the company report.
Financials of Nirbhay Developers Private Limited
FY 2025 filings availableNirbhay Developers Private Limited reported revenue of ₹21.49 Lakh (down 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 54% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹19.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.98 Lakh | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 91.8% | ||||
| Net Profit Margin | 69.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nirbhay Developers Private Limited, buy the company report.
Board of directors of Nirbhay Developers Private Limited
Nirbhay Developers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govindji Tejmal Rathod | Director | 31 Dec 2020 | 5 Years 9 Months | Current |
| Bharatkumar Dahyabhai Thakker | Director | 16 Feb 2010 | 16 Years 8 Months | Current |
| Bharatbhai Kanchanlal Shah Also directs: Westcoarse Chemicals Private Limited, Nirbhay Asset Management Private Limited, Nirbhay Capital Services Private Limited and 5 more | Director | 16 Feb 2010 | 16 Years 8 Months | Current |
Peer comparison
Nirbhay Developers Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Little Kingdom Edutech Limited | ₹21.53 Lakh (FY 2025) | 10.0% | Delhi, India | |||
| Hireandbuild Technology Services Private Limited | ₹21.52 Lakh (FY 2025) | -88.0% | Chennai, Tamil Nadu, India | |||
| Built-Tech Designs Private Limited | ₹21.52 Lakh (FY 2025) | -54.0% | Chennai, Tamil Nadu, India | |||
| KSSC Engineers and Projects Private Limited | ₹21.5 Lakh (FY 2024) | 23.0% | Kozhikode, Kerala, India | |||
| Chennai Brindhavanam Promoters Private Limited | ₹21.5 Lakh (FY 2017) | -4.0% | Chennai, Tamil Nadu, India | |||
| Nirbhay Developers Private Limitedthis company | ₹21.49 Lakh (FY 2025) | ₹14.98 Lakh | 69.7% | -78.0% | Ahmedabad, Gujarat, India | |
| Jayushaa Real Estate Developer Private Limited | ₹21.48 Lakh (FY 2025) | 2.0% | Jaipur, Rajasthan, India | |||
| Craft Ventures and Projects Private Limited | ₹21.48 Lakh (FY 2020) | 25.0% | Coimbatore, Tamil Nadu, India | |||
| Shiva Jewel Home Private Limited | ₹21.47 Lakh (FY 2023) | -50.0% | Bhubaneswar, Odisha, India | |||
| Mountain View Properties and Developers Private Limited | ₹21.47 Lakh (FY 2025) | -94.0% | Kochi, Kerala, India | |||
| SKB Infratech Private Limited | ₹21.45 Lakh (FY 2018) | -56.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Nirbhay Developers Private Limited, buy the company report.
Auditor
Nirbhay Developers Private Limited is audited by ROHANSHARADBHAITHAKKAR for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHANSHARADBHAITHAKKAR | FY 2017 | 135131 |
Shareholding
The shareholding of Nirbhay Developers 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 Nirbhay Developers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nirbhay Developers 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 Nirbhay Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirbhay Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN2015L1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirbhay Developers Private Limited, buy the company report.
Recent activity
Nirbhay Developers Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Govindji Tejmal Rathod was appointed as Director on 31 Dec 2020.
Frequently asked questions
Nirbhay Developers is an active private limited company based in Ahmedabad, Gujarat, India. The company works in buildings, within the construction industry. It was incorporated on 16 February 2010 (16+ years old) and is registered under CIN U45201GJ2010PTC059607.
Nirbhay Developers has 3 current directors:
- Govindji Tejmal Rathod - Director
- Bharatkumar Dahyabhai Thakker - Director
- Bharatbhai Kanchanlal Shah - Director
The latest financial statements of Nirbhay Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nirbhay Developers is 24AADCN2015L1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Nirbhay Developers is U45201GJ2010PTC059607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirbhay Developers was incorporated on 16 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nirbhay Developers by revenue are Little Kingdom Edutech Limited, Hireandbuild Technology Services Private Limited, Built-Tech Designs Private Limited, KSSC Engineers and Projects Private Limited, Chennai Brindhavanam Promoters Private Limited and 5 more, all in the same principal business activity (buildings).
Govindji Tejmal Rathod was appointed as Director on 31 Dec 2020. Jasubhai Vanmalidas Soni ceased to be Director on 05 Oct 2012. Bharatbhai Kanchanlal Shah was appointed as Director on 16 Feb 2010. Nirbhay Developers has 4 board changes on record in total.
Nirbhay Developers can be reached through the website nirbhaycapital.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Nirbhay Developers is at 201 Maruti Crystal Opp Rajpath Club Bodakdev S G Highway, Ahmedabad, Gujarat, India – 380054.
Nirbhay Developers operates in the construction industry, in the buildings segment.