Lalitnirman Business Development Private Limited
About Lalitnirman Business Development Private Limited
Data last updated:
Lalitnirman Business Development Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1993PTC075698.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Navyug Developers Pvt Ltd and Dev ' S Nirman Super Shop Pvt Ltd. It is led by directors Mahendra Nemichand Poddar and Hitesh Nemichand Poddar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Nirman House L. P. Poddar Marg College Road, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.06 Lakh (net margin -10.7%) and EBITDA of ₹15.14 Lakh (EBITDA margin 78.3%). Revenue has grown at a compounded annual rate (CAGR) of 125% over three years and 756% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. Court records list 46 cases involving the company, including 23 filed by the company and 23 filed against it; 14 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Lalitnirman Business Development has undergone 2 name changes throughout its history. The company was previously known as Navyug Developers Pvt Ltd, and Dev ' S Nirman Super Shop Pvt Ltd. The current legal name is Lalitnirman Business Development Private Limited.
| Company Name | Status |
|---|---|
| Lalitnirman Business Development Private Limited | Current |
| Navyug Developers Pvt Ltd | Previous |
| Dev ' S Nirman Super Shop Pvt Ltd | Previous |
Contact details
Lalitnirman Business Development Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNirman House L. P. Poddar Marg College Road, Nashik, Maharashtra, India – 422005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Lalitnirman Business Development Private 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
Financials of Lalitnirman Business Development Private Limited
FY 2024 filings availableLalitnirman Business Development Private Limited reported revenue of ₹19.34 Lakh (up 884% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 756% over five years, including 884% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹15.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.06 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.3% | ||||
| Net Profit Margin | -10.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Lalitnirman Business Development Private Limited, buy the company report.
Board of directors of Lalitnirman Business Development Private Limited
Lalitnirman Business Development has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendra Nemichand Poddar Also directs: Nirman Nirmiti Private Limited, Nashik Infrastructure Developers Private Limited, Keshav Vanijya Private Limited and 3 more | Director | 10 Sep 1999 | 27 Years 1 Months | Current |
| Hitesh Nemichand Poddar Also directs: Nirman Nirmiti Private Limited, Nashik Infrastructure Developers Private Limited, Keshav Vanijya Private Limited and 5 more | Director | 12 Mar 2009 | 17 Years 7 Months | Current |
Peer comparison
Lalitnirman Business Development Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Resicom Homes Private Limited | ₹19.34 Lakh (FY 2024) | 12.0% | Goa, India | |||
| Lalitnirman Business Development Private Limitedthis company | ₹19.34 Lakh (FY 2024) | -₹2.06 Lakh | -10.7% | 884.0% | Nashik, Maharashtra, India | |
| Brown Gold Realty Private Limited | ₹19.34 Lakh (FY 2025) | 0.0% | Noida, Uttar Pradesh, India | |||
| Krishil Capital Holdings Private Limited | ₹19.34 Lakh (FY 2025) | -9.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Lalitnirman Business Development Private Limited, buy the company report.
Auditor
Lalitnirman Business Development Private Limited is audited by RAHULPRAVINCHANDJIDUNGARWAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAHULPRAVINCHANDJIDUNGARWAL | FY 2022 | 138033 |
Shareholding
The shareholding of Lalitnirman Business Development Private Limited 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 Lalitnirman Business Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Mar 2002 | 90223328 | Nashik Merchant Co-Op Bank Ltd | ₹50 Lakh | Satisfied |
To see the full charge records of Lalitnirman Business Development Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Lalitnirman Business Development Private Limited has 46 court cases on record: 23 filed by Lalitnirman Business Development, 23 filed against it. 14 cases are pending and 32 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 31 | 20 | 12 |
| High courts | 15 | 3 | 2 |
Cases on record (5 of 46)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Acme Clothing Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Acme Clothing Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (CAF) | Filed by the company against Great Eastern Impex Pvt.Ltd. | Disposed |
| District court, Nashik, Maharashtra | Court case (Spl .Dkst) | Filed by the company against Great Eastern Impex Pvt.Ltd. and 1 other | Disposed |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against Great Eastern Impex Pvt. Ltd. | Disposed |
To see the full case history of Lalitnirman Business Development 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
No delayed payments to MSME suppliers are on our record for Lalitnirman Business Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Lalitnirman Business Development has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Keshav Vanijya Private Limited | U51109MH2007PTC233214 |
To see the full group structure of Lalitnirman Business Development Private Limited, buy the company report.
Employees & EPFO
Lalitnirman Business Development Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
No GST registration is on our record for Lalitnirman Business Development Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lalitnirman Business Development Private Limited has 4 board changes on record since 1999: 2 appointments and 2 cessations. The latest: Nemichand Lalitaprasad Poddar ceased to be Director on 07 Mar 2020.
Frequently asked questions
Lalitnirman Business Development is an active private limited company based in Nashik, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 December 1993 (33+ years old) and is registered under CIN U45200MH1993PTC075698.
Lalitnirman Business Development has 2 current directors:
- Mahendra Nemichand Poddar - Director
- Hitesh Nemichand Poddar - Director
The latest financial statements of Lalitnirman Business Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lalitnirman Business Development is U45200MH1993PTC075698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lalitnirman Business Development has 46 court cases on record: 23 filed by the company and 23 filed against it. 14 are pending. Most are in the district courts.
Lalitnirman Business Development was incorporated on 21 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Lalitnirman Business Development by revenue are Resicom Homes Private Limited, Brown Gold Realty Private Limited, Krishil Capital Holdings Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Nemichand Lalitaprasad Poddar ceased to be Director on 07 Mar 2020. Vipul Nemichand Poddar ceased to be Director on 07 Mar 2020. Hitesh Nemichand Poddar was appointed as Director on 12 Mar 2009. Lalitnirman Business Development has 4 board changes on record in total.
The registered office of Lalitnirman Business Development is at Nirman House L. P. Poddar Marg College Road, Nashik, Maharashtra, India – 422005.
Lalitnirman Business Development operates in the real estate and construction industry, in the real estate builders and developers segment.
Lalitnirman Business Development has no open charges and satisfied charges of ₹50 Lakh as per latest MCA filings.