MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-33-0254393
Konark Nirman Private Limited - real estate and construction in Ulhasnagar, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.25 Lakh
▼ 89% YoY
Net loss · FY 2025
₹60.2 Lakh
Net margin -270.5%
EBITDA · FY 2025
-₹43.88 Lakh
EBITDA margin -197.2%
Authorised capital
₹2.45 Cr
Registered with MCA
Paid-up capital
₹2.4 Cr
Issued & subscribed
Open charges
₹29 Cr
Secured borrowings
Company age
21 yrs
Est. 2005
Directors on board
4
As per MCA filings
About Konark Nirman Private Limited
Data last updated:
Konark Nirman Private Limited is a private limited company based in Ulhasnagar, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2005PTC154000. Its GSTIN is 27AADCK3078Q1ZW (Maharashtra).
The company has an authorised share capital of ₹2.45 Cr and a paid-up capital of ₹2.4 Cr. It was formerly known as Konark Nirman Trading Private Limited. It is led by directors including Nand Ramchand Jethani and Suresh Ramchand Jethani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor Konark Plaza Sapna Talkies Near Sapna Garden, Ulhasnagar, Maharashtra, India – 421003.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.25 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹60.2 Lakh (net margin -270.5%) and EBITDA of -₹43.88 Lakh (EBITDA margin -197.2%). Revenue has declined at a compounded annual rate (CAGR) of 70% over three years and 51% over five years.
The company is associated with 1 brand: Konark Nirman. As per MCA filings, the company has open charges of ₹29 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 4 cases are pending.
Konark Nirman Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0254393). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website konarknirman.com.
Company details
CIN U45200MH2005PTC154000
Registration Number 154000
Incorporation Date 15 June 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-33-0254393
Key People
Nand Ramchand Jethani Director Suresh Ramchand Jethani Director Jai Amarlal Jethani Director Recognitions & Rankings of Konark Nirman
Contact details
Konark Nirman Private Limited's registered office is in Ulhasnagar, Maharashtra. Its website is konarknirman.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1st Floor Konark Plaza Sapna Talkies Near Sapna Garden, Ulhasnagar, Maharashtra, India – 421003
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Konark Nirman Private Limited, buy the company report.
Comprehensive company report
Konark Nirman Private Limited - one report that includes everything
- 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
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Brands
Konark Nirman operates one associated brand: Konark Nirman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops innovative technologies for residential and commercial properties. | konarknirman.com |
Business activity
The main business activity of Konark Nirman 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 Konark Nirman Private Limited, buy the company report.
Financials of Konark Nirman Private Limited
FY 2024 filings availableKonark Nirman Private Limited reported revenue of ₹22.25 Lakh (down 89% YoY) for FY 2025.
Revenue · FY 2025
₹22.25 Lakh ▼ 89%
Net loss · FY 2025
₹60.2 Lakh margin -270.5%
EBITDA · FY 2025
-₹43.88 Lakh margin -197.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 89%
3 years · compounded
▼ 70%
5 years · compounded
▼ 51%
EBITDA CAGR growth
1 year
▼ 211%
3 years · compounded
▼ 35%
5 years · compounded
▼ 19%
Revenue has declined at a compounded annual rate (CAGR) of 51% over five years, including a 89% fall in the latest year. EBITDA fell 211% 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 | -₹43.88 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.2 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 | -197.2% | ||||
| Net Profit Margin | -270.5% | ||||
| 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 Konark Nirman Private Limited, buy the company report.
Board of directors of Konark Nirman Private Limited
Konark Nirman has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nand Ramchand Jethani Also directs: Konark Waste Management LLP, Konark Infrastructure Limited, Jethani Projects Private Limited and 5 more | Director | 12 Aug 2010 | 16 Years 3 Months | Current |
| Suresh Ramchand Jethani | Director | 12 Aug 2010 | 16 Years 3 Months | Current |
| Jai Amarlal Jethani Also directs: Konark Sports Alliance LLP | Director | 16 Aug 2010 | 16 Years 2 Months | Current |
| Amarlal Ramchand Jethani Also directs: Konark Waste Management LLP, Jethani Projects Private Limited, Konark Sports Alliance LLP and 1 more | Director | 12 Aug 2010 | 16 Years 3 Months | Current |
Peer comparison
Konark Nirman Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Lekha Apartments Pvt. Ltd. | ₹22.26 Lakh (FY 2024) | -90.0% | Kolkata, West Bengal, India | |||
| Space Studio Private Limited | ₹22.25 Lakh (FY 2025) | 4.0% | Delhi, India | |||
| Konark Nirman Private Limitedthis company | ₹22.25 Lakh (FY 2025) | -₹60.2 Lakh | -270.5% | -89.0% | Ulhasnagar, Maharashtra, India | |
| Bhubaneswar Developers Private Limited | ₹22.25 Lakh (FY 2024) | 44285.0% | Bhubaneswar, Odisha, India | |||
| Parakh Plexus Realty Limited | ₹22.25 Lakh (FY 2025) | 22.0% | Pune, Maharashtra, India |
To see the full peer comparison of Konark Nirman Private Limited, buy the company report.
Auditor
Konark Nirman Private Limited is audited by VINOD DHANKANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD DHANKANI & CO. | FY 2023 | 044843 |
Shareholding
The shareholding of Konark Nirman Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Konark Nirman Private Limited, buy the company report.
Charges & borrowings
Open charges
₹29 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2024 | 101015128 | Axis Bank Limited | ₹20 Cr | Open | |
| 03 Dec 2020 | 100398764 | Others | ₹9 Cr | Open |
To see the full charge records of Konark Nirman Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Konark Nirman Private Limited has 9 court cases on record: 1 filed by Konark Nirman, 8 filed against it. 4 cases are pending and 5 are disposed.
Total cases
9
Filed by the company
1
Filed against the company
8
Pending
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| High courts | 4 | 3 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (M.C.A.) | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against The Commissioner, Ulhasnagar Municipal Corporation and Ors. | Pending |
| District court, Thane, Maharashtra | Court case (Other Misc.Cri.Appln) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Court case (R.C.C.) | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Konark Nirman Private 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
Konark Nirman Private Limited has 4 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Konark Nirman Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Konark Nirman has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCK3078Q1ZW | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Konark Nirman Private Limited, buy the company report.
Recent activity
Konark Nirman Private Limited has 7 board changes on record since 2010: 4 appointments and 3 cessations. The latest: Jai Amarlal Jethani was appointed as Director on 16 Aug 2010.
AGM
Konark Nirman Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101015128 was registered on 02 Sep 2024.
Filing
Konark Nirman Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Others of Rs. 9.00 Cr registered on 03 Dec 2020 with Charge ID 100398764 was modified on 05 Jul 2021.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100398764 was registered on 03 Dec 2020.
Appointed
Jai Amarlal Jethani was appointed as Director.
Ceased
Mahesh Satyanarayan Khairari ceased to be Director.
Ceased
Ramkishore Satyanarain Khairari ceased to be Director.
Ceased
Subhash Satyanarayan Khairari ceased to be Director.
Appointed
Amarlal Ramchand Jethani was appointed as Director.
Appointed
Nand Ramchand Jethani was appointed as Director.
Appointed
Suresh Ramchand Jethani was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Konark Nirman is an active private limited company based in Ulhasnagar, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 15 June 2005 (21+ years old) and is registered under CIN U45200MH2005PTC154000.
Konark Nirman has 4 current directors:
- Nand Ramchand Jethani - Director
- Suresh Ramchand Jethani - Director
- Jai Amarlal Jethani - Director
- Amarlal Ramchand Jethani - Director
The latest financial statements of Konark Nirman on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Konark Nirman is 27AADCK3078Q1ZW, registered in Maharashtra.
The CIN (Corporate Identification Number) of Konark Nirman is U45200MH2005PTC154000. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Konark Nirman has 9 court cases on record: 1 filed by the company and 8 filed against it. 4 are pending. Most are in the district courts.
Konark Nirman was incorporated on 15 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Konark Nirman by revenue are Shree Lekha Apartments Pvt. Ltd, Space Studio Private Limited, Bhubaneswar Developers Private Limited, Parakh Plexus Realty Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Jai Amarlal Jethani was appointed as Director on 16 Aug 2010. Mahesh Satyanarayan Khairari ceased to be Director on 16 Aug 2010. Ramkishore Satyanarain Khairari ceased to be Director on 16 Aug 2010. Konark Nirman has 7 board changes on record in total.
Yes, Konark Nirman is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-33-0254393).
Konark Nirman has 4 MSME Form 1 returns on record between 2021 and 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Konark Nirman can be reached through the website konarknirman.com. Its registered office is in Ulhasnagar, Maharashtra, India.
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