Nirala Projects Private Limited
About Nirala Projects Private Limited
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Nirala Projects Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 February 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70109DL2011PTC214337. Its GSTIN is 09AADCN5294R1ZJ (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Iftikhar Ahmed and Javed Iqbal.
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 130 1st Floor Antkrish Bhawan Plot No 22 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2024, the company reported a revenue of ₹33.69 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹15.84 Lakh (net margin 0.5%) and EBITDA of ₹1.35 Cr (EBITDA margin 4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹80.78 Cr and satisfied charges of ₹185.32 Cr on record. Court records list 13 cases involving the company, including 6 filed by the company and 7 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nirala Projects Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address130 1st Floor Antkrish Bhawan Plot No 22 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nirala 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 Nirala 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 Nirala Projects Private Limited, buy the company report.
Financials of Nirala Projects Private Limited
FY 2024 filings availableNirala Projects Private Limited reported revenue of ₹33.69 Cr (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA fell 28% 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 | ₹1.35 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.84 Lakh | ||||
| Balance Sheet | |||||
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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 | 4% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nirala Projects Private Limited, buy the company report.
Board of directors of Nirala Projects Private Limited
Nirala Projects 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 |
|---|---|---|---|---|
| Iftikhar Ahmed Also directs: Nirala Aspire Maintenance Services LLP, Nirala Greenshire Maintenance Services LLP, T-Three Promoters LLP and 5 more | Director | 18 Feb 2011 | 15 Years 8 Months | Current |
| Javed Iqbal Also directs: Nirala Greenshire Maintenance Services LLP, Nirala Buildtech Private Limited, Acropolis Realty Private Limited and 1 more | Director | 22 Mar 2023 | 3 Years 7 Months | Current |
Peer comparison
Nirala Projects 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhuvaneshwari Constructions Private Limited | ₹33.71 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Nirala Projects Private Limitedthis company | ₹33.69 Cr (FY 2024) | ₹15.84 Lakh | 0.5% | 43.0% | 13 | New Delhi, Delhi, India |
| Sivana Realty Private Limited | ₹33.68 Cr (FY 2018) | -29.0% | Mumbai, Maharashtra, India | |||
| Aryan Infraspace Private Limited | ₹33.6 Cr (FY 2025) | 48.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nirala Projects Private Limited, buy the company report.
Auditor
Nirala Projects Private Limited is audited by K.B. CHANDANA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K.B. CHANDANA & CO. | FY 2023 | 000862N |
Shareholding
The shareholding of Nirala Projects 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 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 Nirala Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101198064 | Others | ₹77.51 Lakh | Open | |
| 30 Mar 2023 | 100719129 | Idbi Trusteeship Services Limited | ₹80 Cr | Open | |
| 30 Jan 2020 | 100324190 | Tata Capital Housing Finance Limited | ₹55 Cr | Satisfied | |
| 20 Feb 2018 | 100164223 | Others | ₹70 Cr | Satisfied | |
| 20 Aug 2015 | 10590460 | Axis Bank Limited | ₹60 Cr | Satisfied |
To see the full charge records of Nirala Projects Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Nirala Projects Private Limited has 13 court cases on record: 6 filed by Nirala Projects, 7 filed against it. 4 cases are pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 7 | 4 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed against the company by M/S Ramesth Constructions Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Ramesth Constructions Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Nisus Finance and Investment Managers LLP and 4 others | Disposed |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed against the company by M/S Ramesth Constructions Pvt. Ltd. | Disposed |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by M/S Ramesth Constructions Pvt. Ltd. | Disposed |
To see the full case history of Nirala 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
Nirala Projects Private Limited has 2 MSME Form 1 returns on record between 2022 and 2023, listing 47 overdue payments to 18 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 (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Lumeas Electrical | |||
| Radius Synergies International Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nirala Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nirala Projects Private Limited has a workforce of 13 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Nirala Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCN5294R1ZJ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirala Projects Private Limited, buy the company report.
Recent activity
Nirala Projects Private Limited has 6 board changes on record since 2011: 4 appointments and 2 cessations. The latest: Rakesh Mahajan ceased to be Director on 23 Mar 2023.
9 earlier events are in the company report.
Frequently asked questions
Nirala Projects is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 February 2011 (15+ years old) and is registered under CIN U70109DL2011PTC214337.
Nirala Projects has 2 current directors:
- Iftikhar Ahmed - Director
- Javed Iqbal - Director
The latest financial statements of Nirala Projects 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 GSTIN of Nirala Projects is 09AADCN5294R1ZJ, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nirala Projects is U70109DL2011PTC214337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirala Projects has 13 court cases on record: 6 filed by the company and 7 filed against it. 4 are pending. Most are in the high courts.
Nirala Projects was incorporated on 18 February 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Nirala Projects by revenue are Bhuvaneshwari Constructions Private Limited, Sivana Realty Private Limited, Aryan Infraspace Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rakesh Mahajan ceased to be Director on 23 Mar 2023. Javed Iqbal was appointed as Director on 22 Mar 2023. Suresh Kumar Garg ceased to be Director on 08 Aug 2013. Nirala Projects has 6 board changes on record in total.
Nirala Projects has 2 MSME Form 1 returns on record between 2022 and 2023, listing 47 overdue payments to 18 micro and small suppliers. The latest return was filed on 22 May 2023.
The registered office of Nirala Projects is at 130 1st Floor Antkrish Bhawan Plot No 22 Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
Nirala Projects operates in the real estate and construction industry, in the real estate builders and developers segment.