About Indiabulls Nests Limited
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Indiabulls Nests Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Dhani Services Limited. It operates in the financial product distributors segment of the financial services sector. It was incorporated on 11 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U68200DL2009PLC191143. Its GSTIN is 07AACCI0900N1ZQ (Delhi). The company holds 13 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹28.51 Lakh. It is led by directors including Amit Ajit Gandhi and Akshay Kumar Tiwary.
Its last annual general meeting (AGM) was held on 22 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.95 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹11.23 Cr (net margin -226.9%) and EBITDA of -₹13.34 Cr (EBITDA margin -269.6%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 47% over five years.
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹1,283.43 Cr on record. Court records list 36 cases involving the company, including 35 filed by the company and 1 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiabulls.com.
Company details
CIN history
Indiabulls Nests has one previous CIN (Corporate Identification Number): U74999DL2009PLC191143. The current CIN is U68200DL2009PLC191143, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U68200DL2009PLC191143 | Current |
| U74999DL2009PLC191143 | Previous |
Contact details
Indiabulls Nests Limited's registered office is in New Delhi, Delhi. Its website is indiabulls.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryFinancial Services, Financial Product Distributors
To see the full contact details of Indiabulls Nests 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 Indiabulls Nests 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 Indiabulls Nests Limited, buy the company report.
Financials of Indiabulls Nests Limited
FY 2025 filings availableIndiabulls Nests Limited reported revenue of ₹4.95 Cr (down 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 47% over five years, including a 65% fall in the latest year. EBITDA rose 68% 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 |
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| EBITDA | -₹13.34 Cr | ||||
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| Net Profit (PAT) | -₹11.23 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -269.6% | ||||
| Net Profit Margin | -226.9% | ||||
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To see the full financial statements and ratios of Indiabulls Nests Limited, buy the company report.
Board of directors of Indiabulls Nests Limited
Indiabulls Nests has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Ajit Gandhi Also directs: Dhani Loans and Services Limited, Indiabulls Asset Reconstruction Company Limited, Fintech Cloud Private Limited and 1 more | Director | 30 Mar 2022 | 4 Years 6 Months | Current |
| Akshay Kumar Tiwary Also directs: Aromika Pioneer Ventures LLP, Indiabulls Urbanresidency Limited, Indiabulls Urbanheights Limited and 3 more | Director | 28 Nov 2022 | 3 Years 10 Months | Current |
| Usha Devi | Director | 30 Jan 2013 | 13 Years 8 Months | Current |
Auditor
Indiabulls Nests Limited is audited by Ajay Sardana & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ajay Sardana & Associates | FY 2022 | 016822N |
Shareholding
The shareholding of Indiabulls Nests Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indiabulls Nests Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2016 | 100032808 | Others | ₹157.5 Cr | Satisfied | |
| 18 Mar 2016 | 100032815 | Others | ₹469.6 Cr | Satisfied | |
| 25 Nov 2015 | 100022922 | Others | ₹444 Cr | Satisfied | |
| 25 Oct 2015 | 100022025 | Others | ₹212.2 Cr | Satisfied | |
| 08 Jul 2013 | 10442919 | Yes Bank Limited | ₹5.04 Lakh | Satisfied |
To see the full charge records of Indiabulls Nests Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Indiabulls Nests Limited has 36 court cases on record: 35 filed by Indiabulls Nests, 1 filed against it. 12 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 0 | 10 |
| NCLT | 8 | 0 | 0 |
| NCLAT | 5 | 0 | 0 |
| High courts | 2 | 1 | 2 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Bellagio Projects Pvt Ltd | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed against the company by Milestone Trusteeship Services Pvt Ltd | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed by the company against MKHS Housing LLP and 5 others | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Xrbia Abode Developers Private Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed by the company against Xrbia Chakan Developers Pvt Ltd | Disposed |
To see the full case history of Indiabulls Nests Limited, 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 Indiabulls Nests Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Indiabulls Nests has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indiabulls Alternate Investments Limited | U74999DL2016PLC290926 |
To see the full group structure of Indiabulls Nests Limited, buy the company report.
Employees & EPFO
Indiabulls Nests Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Indiabulls Nests has 13 GST registrations: 11 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCI0900N1ZQ | Delhi | Active | 01 Jul 2017 |
| 04AACCI0900N1ZW | Chandigarh | Active | 01 Jul 2017 |
| 06AACCI0900N1ZS | Haryana | Active | 01 Jul 2017 |
| 08AACCI0900N1ZO | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indiabulls Nests Limited, buy the company report.
Recent activity
Indiabulls Nests Limited has 19 board changes on record since 2010: 3 appointments and 16 cessations. The latest: Akshay Kumar Tiwary ceased to be Additional Director on 26 Sep 2023.
22 earlier events are in the company report.
News
Frequently asked questions
Indiabulls Nests is an active public limited company based in New Delhi, Delhi, India. The company works in financial product distributors, within the financial services industry. It was incorporated on 11 June 2009 (17+ years old) and is registered under CIN U68200DL2009PLC191143.
Indiabulls Nests has 3 current directors:
- Amit Ajit Gandhi - Director
- Akshay Kumar Tiwary - Director
- Usha Devi - Director
The latest financial statements of Indiabulls Nests on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 22 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Indiabulls Nests is 07AACCI0900N1ZQ, registered in Delhi. The company has 13 GST registrations in all, of which 11 are active and 2 are cancelled or inactive. Other active GSTINs include 04AACCI0900N1ZW (Chandigarh), 06AACCI0900N1ZS (Haryana), 08AACCI0900N1ZO (Rajasthan).
The CIN (Corporate Identification Number) of Indiabulls Nests is U68200DL2009PLC191143. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indiabulls Nests has 36 court cases on record: 35 filed by the company and 1 filed against it. 12 are pending. Most are in the district courts.
Indiabulls Nests was incorporated on 11 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Akshay Kumar Tiwary ceased to be Additional Director on 26 Sep 2023. Akshay Kumar Tiwary was appointed as Director on 28 Nov 2022. Amit Ajit Gandhi ceased to be Additional Director on 28 Sep 2022. Indiabulls Nests has 19 board changes on record in total.
Indiabulls Nests can be reached through the website indiabulls.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Indiabulls Nests is at A – 2 First Floor, Kirti Nagar, New Delhi, Delhi, India – 110015.