Neo Nitika Projects Private Limited
About Neo Nitika Projects Private Limited
Data last updated:
Neo Nitika Projects Private Limited is a private limited company based in Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 01 January 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45200DL2009PTC186278. Its GSTIN is 09AACCN9924H3Z2 (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rama Kant Labh and Sanjay Kumar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Pvt No 206 House No 29 – G Ward No 1 First Floor Mehrauli, Delhi, India – 110030.
As per the financials filed for FY 2021, the company reported a revenue of ₹87.76 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.89 Lakh (net margin 2.2%) and EBITDA of ₹13.06 Lakh (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 54% over three years and 38% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
Court records list 10 cases involving the company, including 2 filed by the company and 8 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Neo Nitika Projects Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPvt No 206 House No 29 – G Ward No 1 First Floor Mehrauli, Delhi, India – 110030
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neo Nitika Projects 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
Business activity
The main business activity of Neo Nitika Projects 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 Neo Nitika Projects Private Limited, buy the company report.
Financials of Neo Nitika Projects Private Limited
FY 2021 filings availableNeo Nitika Projects Private Limited reported revenue of ₹87.76 Lakh (up 353% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 353% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA rose 47% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹13.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.89 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.9% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 Neo Nitika Projects Private Limited, buy the company report.
Board of directors of Neo Nitika Projects Private Limited
Neo Nitika Projects has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rama Kant Labh | Director | 14 Sep 2019 | 7 Years 1 Months | Current |
| Sanjay Kumar | Additional Director | 20 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Neo Nitika Projects 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 |
|---|---|---|---|---|---|---|
| Urbansky Developers Private Limited | ₹87.83 Lakh (FY 2025) | -63.0% | Hyderabad, Telangana, India | |||
| Sri Amma Bhagavan Construction Private Limited | ₹87.77 Lakh (FY 2025) | -59.0% | Kolathur, Tamil Nadu, India | |||
| Neo Nitika Projects Private Limitedthis company | ₹87.76 Lakh (FY 2021) | ₹1.89 Lakh | 2.2% | 353.0% | Delhi, India | |
| M.Y.S. Builders Private Limited | ₹87.66 Lakh (FY 2019) | Indore, Madhya Pradesh, India | ||||
| Mahodadhi Realcon Private Limited | ₹87.65 Lakh (FY 2019) | 164.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Neo Nitika Projects Private Limited, buy the company report.
Auditor
Neo Nitika Projects Private Limited is audited by AVINASH ALOK & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVINASH ALOK & ASSOCIATES | FY 2017 | 024576N |
Shareholding
The shareholding of Neo Nitika Projects Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Neo Nitika Projects Private Limited, buy the company report.
Legal cases
Neo Nitika Projects Private Limited has 10 court cases on record: 2 filed by Neo Nitika Projects, 8 filed against it. 6 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 3 |
| NCLAT | 3 | 3 | 3 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S Cornish Aluminium India Pvt Ltd | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S Cornish Aluminium India Pvt Ltd | Pending |
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by M/S Cornish Aluminium India Pvt Ltd | Pending |
| District court, East, Delhi | Interim or miscellaneous application | Filed against the company by Ashi Hardware Pvt Ltd | Disposed |
| District court, East, Delhi | Civil suit | Filed against the company by Ashi Hardware Private Limited Through Its Authorised Representative SH. Gajender Kumar | Disposed |
To see the full case history of Neo Nitika Projects 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 Neo Nitika Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neo Nitika Projects has 5 GST registrations: 2 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AACCN9924H3Z2 | Uttar Pradesh | Active | 28 Dec 2017 |
| 06AACCN9924H1ZA | Haryana | Active | 01 Feb 2020 |
To see the full GST registrations and return filing status of Neo Nitika Projects Private Limited, buy the company report.
Recent activity
Neo Nitika Projects Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Archana Rama ceased to be Director on 22 Jun 2022.
Frequently asked questions
Neo Nitika Projects is an active private limited company based in Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 01 January 2009 (17+ years old) and is registered under CIN U45200DL2009PTC186278.
Neo Nitika Projects has 2 current directors:
- Rama Kant Labh - Director
- Sanjay Kumar - Additional Director
The latest financial statements of Neo Nitika Projects on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Neo Nitika Projects is 09AACCN9924H3Z2, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 06AACCN9924H1ZA (Haryana).
The CIN (Corporate Identification Number) of Neo Nitika Projects is U45200DL2009PTC186278. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Nitika Projects has 10 court cases on record: 2 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
Neo Nitika Projects was incorporated on 01 January 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Neo Nitika Projects by revenue are Urbansky Developers Private Limited, Sri Amma Bhagavan Construction Private Limited, M.Y.S. Builders Private Limited, Mahodadhi Realcon Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Archana Rama ceased to be Director on 22 Jun 2022. Sanjay Kumar was appointed as Additional Director on 20 Jun 2022. Rama Kant Labh ceased to be Additional Director on 31 Dec 2020. Neo Nitika Projects has 5 board changes on record in total.
The registered office of Neo Nitika Projects is at Pvt No 206 House No 29 – G Ward No 1 First Floor Mehrauli, Delhi, India – 110030.
Neo Nitika Projects operates in the real estate and construction industry, in the real estate builders and developers segment.