Nitiraj Properties Private Limited
About Nitiraj Properties Private Limited
Data last updated:
Nitiraj Properties Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 23 December 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1987PTC045653. Its GSTIN is 27AAACN1793Q1ZU (Maharashtra).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹99,900. It is led by directors Ayesha Vasudev Navani and Shabana Vasudev Navani.
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 A. N. House 1st Floor 31st Road T.P.S. III Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.32 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹5.1 Cr (net margin 54.8%) and EBITDA of ₹6.4 Cr (EBITDA margin 68.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 9% over five years.
Court records list 33 cases involving the company, including 3 filed by the company and 10 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered AddressA. N. House 1st Floor 31st Road T.P.S. III Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryFinancial Services, Real Estate Financing
- 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
Business Activity of Nitiraj Properties Private Limited
The main business activity of Nitiraj Properties is real estate activities. In detail, this covers real estate activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nitiraj Properties Private Limited FY 2025 filings available
Nitiraj Properties Private Limited reported revenue of ₹9.32 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nitiraj Properties Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 10% growth in the latest year. EBITDA rose 18% 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 of Nitiraj Properties Private Limited
| 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 | ₹6.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.1 Cr | •••• | •••• | •••• | •••• |
| 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 Nitiraj Properties Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 68.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 54.8% | •••• | •••• | •••• | •••• |
| 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 Nitiraj Properties 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.
Peer Comparison of Nitiraj Properties Private Limited
Nitiraj Properties Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Paratus Real Estates Private Limited | ₹9.33 Cr (FY 2024) | •••• | •••• | 88.0% | •••• | Delhi, India |
| Ccba Designs Private Limited | ₹9.32 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Pune, Maharashtra, India |
| Aranya Engicon Private Limited | ₹9.32 Cr (FY 2025) | •••• | •••• | 157.0% | •••• | Patna, Bihar, India |
| Rangiramani Infra Private Limited | ₹9.32 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Kalyan, Maharashtra, India |
| Suryansh Share Traders and Developers Private Limited | ₹9.32 Cr (FY 2024) | •••• | •••• | 24263.0% | •••• | Gwalior, Madhya Pradesh, India |
| Nitiraj Properties Private Limited this company | ₹9.32 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Forefront Private Limited | ₹9.32 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Mumbai, Maharashtra, India |
| Hi Lead Infotech Private Limited | ₹9.31 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | New Delhi, Delhi, India |
| Gold Land Ventures Private Limited | ₹9.31 Cr (FY 2025) | •••• | •••• | 2837.0% | •••• | Vellore, Tamil Nadu, India |
| Indo Japan Horologicals Pvt Ltd | ₹9.31 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Kolkata, West Bengal, India |
| Aay Kay Infraestate Private Limited | ₹9.31 Cr (FY 2024) | •••• | •••• | 31.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Nitiraj Properties by revenue in the Real Estate industry (Builders and Developers, Real Estate Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nitiraj Properties Private Limited
Nitiraj Properties Private Limited is audited by N S SHETTY & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N S SHETTY & CO | 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 Nitiraj Properties Private Limited
Nitiraj Properties has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayesha Vasudev Navani | Director | 27 May 2005 | 21 Years 4 Months | Current |
| Shabana Vasudev Navani Also directs: Mavin Properties Private Limited, Pushpleela Properties Private Limited, A.N.Corp.Limited and 5 more | Director | 27 May 2005 | 21 Years 4 Months | Current |
Ownership and Shareholding of Nitiraj Properties 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 Nitiraj Properties Private Limited
Nitiraj Properties Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Nitiraj Properties Private Limited
Nitiraj Properties Private Limited has 33 court cases on record: 3 filed by Nitiraj Properties, 10 filed against it, 20 where it is another party. 3 cases are pending and 30 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 6 | 2 |
| District courts | 3 | 3 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 33)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (LD) | Filed against the company by Surya Children's Medicare Private Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| Bombay High Court | Interim or miscellaneous application | Company is another party | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
Full case history
All 33 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 Nitiraj Properties Private Limited
Employment history and EPFO contributions of people linked to Nitiraj Properties.
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 Nitiraj Properties Private Limited
Nitiraj Properties Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Vasudev Dayaram Navani ceased to be Director on 03 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Nitiraj Properties 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 Nitiraj Properties 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 Nitiraj Properties 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 Nitiraj Properties Private Limited
Nitiraj Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1793Q1ZU | Maharashtra | Active | 01 Jul 2017 |
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 Nitiraj Properties 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 Nitiraj Properties Private Limited
Nitiraj Properties is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 23 December 1987 (39+ years old) and is registered under CIN U99999MH1987PTC045653.
Nitiraj Properties reported revenue of ₹9.32 Cr for FY 2025 (up 10% YoY).
Nitiraj Properties has 2 current directors:
- Ayesha Vasudev Navani - Director
- Shabana Vasudev Navani - Director
Nitiraj Properties reported a net profit of ₹5.1 Cr (net margin 54.8%) and EBITDA of ₹6.4 Cr (EBITDA margin 68.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nitiraj Properties is 10% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nitiraj Properties is 27AAACN1793Q1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nitiraj Properties is U99999MH1987PTC045653. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitiraj Properties has 33 court cases on record: 3 filed by the company and 10 filed against it. 3 are pending. Most are in the high courts.
Nitiraj Properties was incorporated on 23 December 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Nitiraj Properties by revenue are Paratus Real Estates Private Limited, Ccba Designs Private Limited, Aranya Engicon Private Limited, Rangiramani Infra Private Limited, Suryansh Share Traders and Developers Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Real Estate Leasing).
Vasudev Dayaram Navani ceased to be Director on 03 Oct 2020. Manish Bhadrasen Thakkar ceased to be Director on 22 Apr 2019. Pushpa Vasudev Navani ceased to be Director on 22 Jul 2013. Nitiraj Properties has 5 board changes on record in total.