About NEL Holdings
NEL Holdings is a Real Estate & Construction company based in Bengaluru (India) founded in 2004 by Nitesh Shetty. It specializes in developing commercial and residential properties. It operates on a B2C model. The company has 72 employees. Its Indian entity Northroof Ventures Private Limited reported revenue of ₹12.10 Cr. Its focus areas include Real Estate, Development, Property Development and Commercial and Residential. Its competitors include SILA, UDS and Supreme Facility Management; 2 of its 3 listed competitors have raised funding.
Company details
NEL Holdings, established in 2004, excels in involved in property dealings, developing real estate projects, property development, and serving commercial and residential clients. Specializes in developing commercial and residential properties. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
- Headquarters Bengaluru, India
- Employees 72
- Founders Nitesh Shetty
- SectorsReal Estate & Construction
- Website nelholdings.in
- Social X Facebook
- Legal Name Northroof Ventures Private Limited
- Date of Incorporation 04 Dec, 2007
- Annual Revenue₹12.10 Cr
FY 2025 · -59% YoY
- Net Loss-₹59 Lakh
FY 2025 · -5% margin
- EBITDA₹3.12 Cr
FY 2025 · 26% margin
- Employee Count72
Associated legal entities of NEL Holdings
NEL Holdings operates through Northroof Ventures Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Northroof Ventures Private Limited CIN U45201KA2007PTC044553 | Active | 04 Dec 2007 | Bangalore, Karnataka | ₹12.1 Cr | 4 | View details |
Board of directors of Northroof Ventures Private Limited (NEL Holdings)
Northroof Ventures Private Limited is the primary company behind NEL Holdings. The board of Northroof Ventures Private Limited currently have 4 directors; the longest-serving is Lalgudi Saptharishi Vaidyanathan, appointed in 2009. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Lalgudi Saptharishi Vaidyanathan DIN 00304652 | Managing Director | 11 Sep 2009 | 17 yrs 1 mo | Northroof Ventures Private Limited |
| Subramanian Ananthanarayanan DIN 07621318 | Director | 08 Feb 2017 | 9 yrs 8 mo | Northroof Ventures Private Limited |
| Kumar Nellore Gopalakrishna DIN 07197031 | Director | 13 Nov 2020 | 5 yrs 11 mo | Northroof Ventures Private Limited |
| Ramesh Karur Raghavendran DIN 03572425 | Director | 16 Apr 2024 | 2 yrs 6 mo | Northroof Ventures Private Limited |
People of NEL Holdings
1 people are tracked at NEL Holdings (1 in leadership); the tracked headcount is 72.
| Name | Role | Group |
|---|---|---|
| Founder, Chairman | Leadership |
Complete people profiles for NEL Holdings
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Financials of NEL Holdings
Figures of Northroof Ventures Private Limited, the primary company behind NEL Holdings, for FY 2025. Revenue was ₹12.10 Cr (-59% year on year). Net loss was -₹59 Lakh (-5% margin). EBITDA was ₹3.12 Cr (26% margin). Revenue has grown at a compounded annual rate of -44% over three years and -14% over five years.
- ₹12.10 CrRevenue · FY 2025 · -59% YoY
- -₹59 LakhNet loss · -5% margin
- ₹3.12 CrEBITDA · 26% margin
- ₹9.15 CrPaid-up capital
- -44%Revenue CAGR, 3 years
- -14%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Northroof Ventures Private Limited are on its company page.
Detailed financial statements for NEL Holdings
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Competitors of NEL Holdings
NEL Holdings has 3 listed competitors in our database, 2 of them funded. They include SILA, UDS and Supreme Facility Management.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| silagroup.co.in | 2010 | Mumbai, India | $17.79M | 20,676 | Provider of facility & project management, advisory, general contracting, and real estate development services | |
| uds.in | 1985 | Chennai, India | $25.95M | 105,230 | Integrated business services are provided across diverse sectors in India. | |
| supremefacility.com | 1983 | Pune, India | Facility management services are provided for various operational needs. |
Detailed competitors of NEL Holdings
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Related news about Nel Holdings
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Frequently Asked Questions about NEL Holdings
NEL Holdings was founded in 2004.
NEL Holdings is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
NEL Holdings has 72 employees.
The primary company behind NEL Holdings, Northroof Ventures Private Limited, reported revenue of ₹12.10 Cr for FY 2025, down 59% year on year.
NEL Holdings, established in 2004, excels in involved in property dealings, developing real estate projects, property development, and serving commercial and residential clients. Specializes in developing commercial and residential properties. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.
NEL Holdings's top competitors include SILA, UDS and Supreme Facility Management.
NEL Holdings operates through Northroof Ventures Private Limited.
The legal entities of NEL Holdings currently have 4 directors, including Lalgudi Saptharishi Vaidyanathan, Subramanian Ananthanarayanan, Kumar Nellore Gopalakrishna and others.