About Swastic Nirman Pvt. Ltd.
Data last updated:
Swastic Nirman Pvt. Ltd. was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Swastic Promoters Pvt Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 04 May 1992.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U65922WB1992PTC055342. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.35 Cr and a paid-up capital of ₹1.34 Cr. It was led by directors including Hari Agarwal Prakash and Vivek Ruia.
Its last annual general meeting (AGM) was held on 15 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 21/2 Ballygunge Placegariaha, Kolkata, West Bengal, India – 700019.
As per the financials filed for FY 2023, the company reported a revenue of ₹11.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 15.4%) and EBITDA of ₹2.57 Cr (EBITDA margin 21.6%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 90% over five years.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 1 case is pending. The company has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.31 Cr; the latest was in March 2021. Its 3 peer companies in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 1 smaller; the largest is Real Life Constructions Private Limited with revenue of ₹11.97 Cr.
The last known website on record is swasticgroup.com.
Company details
Contact details
Swastic Nirman Pvt. Ltd.'s registered office is in Kolkata, West Bengal. Its website is swasticgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address21/2 Ballygunge Placegariaha, Kolkata, West Bengal, India – 700019
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Swastic Nirman Pvt. Ltd., 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 Swastic Nirman is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Swastic Nirman Pvt. Ltd., buy the company report.
Financials of Swastic Nirman Pvt. Ltd.
FY 2023 filings availableSwastic Nirman Pvt. Ltd. reported revenue of ₹11.91 Cr (up 594% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 90% over five years, including 594% growth 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹2.57 Cr | ||||
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| Net Profit (PAT) | ₹1.83 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profitability | |||||
| EBITDA Margin | 21.6% | ||||
| Net Profit Margin | 15.4% | ||||
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To see the full financial statements and ratios of Swastic Nirman Pvt. Ltd., buy the company report.
Board of directors of Swastic Nirman Pvt. Ltd.
Swastic Nirman 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 |
|---|---|---|---|---|
| Satwic Vivek Ruia Also directs: Swastic Praniti Private Limited, Gopala Enclave Private Limited, Swastic Projects Pvt Ltd and 3 more | Additional Director | 11 Mar 2019 | 7 Years 7 Months | As last reported |
| Hari Agarwal Prakash Also directs: Narayani Merchants Private Limited | Director | 05 Mar 1993 | 33 Years 7 Months | As last reported |
| Vivek Ruia Also directs: Gopala Complex Private Limited, Swastic Praniti Private Limited, Gopala Enclave Private Limited and 4 more | Director | 04 May 1992 | 34 Years 5 Months | As last reported |
Peer comparison
Swastic Nirman Pvt. Ltd. is compared with the 3 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Real Life Constructions Private Limited | ₹11.97 Cr (FY 2018) | 230.0% | Delhi, India | |||
| Bhashyam Developers Private Limited | ₹11.93 Cr (FY 2025) | -77.0% | Hyderabad, Telangana, India | |||
| Swastic Nirman Pvt. Ltd.this company | ₹11.91 Cr (FY 2023) | ₹1.83 Cr | 15.4% | 594.0% | Kolkata, West Bengal, India | |
| Net Classroom Private Limited | ₹11.79 Cr (FY 2025) | -10.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Swastic Nirman Pvt. Ltd., buy the company report.
Auditor
Swastic Nirman Pvt. Ltd. is audited by M. TULSYAN & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. TULSYAN & ASSOCIATES | FY 2022 | 325659E |
Shareholding
The shareholding of Swastic Nirman Pvt. Ltd. is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Swastic Nirman Pvt. Ltd., buy the company report.
Deals & funding
Swastic Nirman Pvt. Ltd. has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.31 Cr; the latest was in March 2021.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Swastic Promoters Pvt Ltd Seller: Aman Dealers Private Limited , Rohit Vyapaar Private Limited , Sherawali Commotrade Private Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Jeen Mata Suppliers Private Limited , Satyam Financial Advisory Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Swastic Promoters Pvt Ltd Seller: Chamundaji Sales Private Limited |
| Aug 2010 | Funding round | ₹2.6 Cr | Investors: Jeen Mata Suppliers Private Limited , Chamundaji Sales Private Limited , Sherawali Commotrade Private Limited |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Swastic Promoters Pvt Ltd Seller: Abhinandan Vyapar Private Limited, Rowland Trexim Pvt. Ltd. , Satellite Mercantiles Pvt Ltd |
To see the full deal history of Swastic Nirman Pvt. Ltd., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Swastic Nirman Pvt. Ltd. has 5 court cases on record: 4 filed by Swastic Nirman, 1 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Court case (TS) | Filed against the company by Trust Estate of Raja Rajendro Mullick Bahadur | Pending |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| High Court | Writ petition | Filed by the company against The Kolkata Municipal Corp. & Ors. | Disposed |
| Calcutta High Court | Appeal | Filed by the company | Disposed |
| Calcutta High Court | Company petition | Filed by the company | Disposed |
To see the full case history of Swastic Nirman Pvt. Ltd., 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 Swastic Nirman Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swastic Nirman has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Swastic Nirman Pvt. Ltd., buy the company report.
Recent activity
Swastic Nirman Pvt. Ltd. has 5 board changes on record since 1992: 3 appointments and 2 cessations. The latest: Sheo Kumar Ruia ceased to be Director on 24 Feb 2020.
Frequently asked questions
Swastic Nirman has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Swastic Nirman was a private limited company based in Kolkata, West Bengal, India. The company worked in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 04 May 1992 and is registered under CIN U65922WB1992PTC055342. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Swastic Nirman was incorporated on 04 May 1992. It is registered with the Registrar of Companies, Kolkata.
Swastic Nirman had 3 directors:
- Satwic Vivek Ruia - Additional Director
- Hari Agarwal Prakash - Director
- Vivek Ruia - Director
The CIN (Corporate Identification Number) of Swastic Nirman is U65922WB1992PTC055342. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Swastic Nirman is at 212 Ballygunge Placegariaha, Kolkata, West Bengal, India – 700019.
Swastic Nirman can be reached through the website swasticgroup.com. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Swastic Nirman on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 15 December 2023. Year-wise statements from 2015 are in the company report.
No. Swastic Nirman has 1 GST registration on record and it is cancelled or inactive.
Swastic Nirman operated in the real estate and construction industry, in the real estate marketing and sales segment.
Swastic Nirman has 11 deals on record (8 secondary share transfers, 3 funding rounds), with disclosed funding of ₹3.31 Cr; the latest was in March 2021.