Nine Two Seven Nine Work Avenue Private Limited
About Nine Two Seven Nine Work Avenue Private Limited
Data last updated:
Nine Two Seven Nine Work Avenue Private Limited was a private limited company based in Raipur, Chhattisgarh, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate financing segment of the financial services sector. It was incorporated on 25 April 1995.
The company was registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U45101CT1995PTC002097. Its GSTIN is 29AADCS6434N1ZS (Karnataka).
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Salarpuria Profin Private Limited. It was led by directors including Urvi Mitesh Kothari and Chirag Dilip Shah.
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 was at Shop No 77 Shahid Smarak Complex Near Lalganga Shopping Mall, G.E. Road Raipur 492 001 Chattisgarh, Chhattisgarh, India – 492001.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.39 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.43 Cr (net margin 73.4%) and EBITDA of ₹6.9 Cr (EBITDA margin 93.3%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 14% over five years.
As per MCA filings, the company had satisfied charges of ₹1,787.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending.
Company details
CIN history
Nine Two Seven Nine Work Avenue has one previous CIN (Corporate Identification Number): U45101KA1995PTC017669. The current CIN is U45101CT1995PTC002097, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45101CT1995PTC002097 | Current |
| U45101KA1995PTC017669 | Previous |
Contact details
Nine Two Seven Nine Work Avenue Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No 77 Shahid Smarak Complex Near Lalganga Shopping Mall, G.E. Road Raipur 492 001 Chattisgarh, Chhattisgarh, India – 492001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Nine Two Seven Nine Work Avenue 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 Nine Two Seven Nine Work Avenue is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Nine Two Seven Nine Work Avenue Private Limited, buy the company report.
Financials of Nine Two Seven Nine Work Avenue Private Limited
FY 2024 filings availableNine Two Seven Nine Work Avenue Private Limited reported revenue of ₹7.39 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 12% fall in the latest year. EBITDA rose 131% 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 | ₹6.9 Cr | ||||
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| Net Profit (PAT) | ₹5.43 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 93.3% | ||||
| Net Profit Margin | 73.4% | ||||
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To see the full financial statements and ratios of Nine Two Seven Nine Work Avenue Private Limited, buy the company report.
Board of directors of Nine Two Seven Nine Work Avenue Private Limited
Nine Two Seven Nine Work Avenue has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Urvi Mitesh Kothari Also directs: Raj Power Parts and Engg Co Pvt Ltd, MSR Properties Private Limited, Aastitva Builders and Developers Private Limited and 5 more | Director | 16 Mar 2020 | 6 Years 7 Months | As last reported |
| Chirag Dilip Shah Also directs: Imk Agro Developers Private Limited, Imk Agro-Tech Properties Private Limited, Udanta Exim Private Limited and 5 more | Director | 05 Dec 2014 | 11 Years 10 Months | As last reported |
| Mayur Shah Also directs: Raj Power Parts and Engg Co Pvt Ltd, Giant Logistics LLP, Sriyaa Petrochemicals LLP and 5 more | Director | 05 Dec 2014 | 11 Years 10 Months | As last reported |
Peer comparison
Nine Two Seven Nine Work Avenue Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), 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 |
|---|---|---|---|---|---|---|
| Khakhi Baba Buildcon Private Limited | ₹7.41 Cr (FY 2025) | -12.0% | Bikaner, Rajasthan, India | |||
| Nest Hi-Tek Park Private Limited | ₹7.41 Cr (FY 2025) | 84.0% | Aluva, Kerala, India | |||
| Nine Two Seven Nine Work Avenue Private Limitedthis company | ₹7.39 Cr (FY 2024) | ₹5.43 Cr | 73.4% | -12.0% | Raipur, Chhattisgarh, India | |
| Shubham Infraprojects Private Limited | ₹7.38 Cr (FY 2025) | -8.0% | Kota, Rajasthan, India | |||
| Love Shoppers Limited | ₹7.36 Cr (FY 2025) | 52.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nine Two Seven Nine Work Avenue Private Limited, buy the company report.
Auditor
Nine Two Seven Nine Work Avenue Private Limited is audited by L K BOHANIA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L K BOHANIA & CO | FY 2020 | 317136E |
Shareholding
The shareholding of Nine Two Seven Nine Work Avenue Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nine Two Seven Nine Work Avenue Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2015 | 10595954 | Allahabad Bank | ₹1,660 Cr | Satisfied | |
| 12 Sep 2012 | 10378646 | Indian Overseas Bank | ₹110 Cr | Satisfied | |
| 08 Jul 2003 | 90199641 | Vijaya Bank | ₹10 Cr | Satisfied | |
| 17 Apr 2003 | 90199626 | Vijaya Bank | ₹7.5 Cr | Satisfied |
To see the full charge records of Nine Two Seven Nine Work Avenue Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Nine Two Seven Nine Work Avenue Private Limited has 2 court cases on record: 1 filed by Nine Two Seven Nine Work Avenue, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Mudita Properties Pvt Ltd | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against The Commissioner of Central Tax (Appeals and 2 others | Pending |
To see the full case history of Nine Two Seven Nine Work Avenue 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 Nine Two Seven Nine Work Avenue Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nine Two Seven Nine Work Avenue has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCS6434N1ZS | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nine Two Seven Nine Work Avenue Private Limited, buy the company report.
Recent activity
Nine Two Seven Nine Work Avenue Private Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Urvi Mitesh Kothari was appointed as Director on 16 Mar 2020.
11 earlier events are in the company report.
Frequently asked questions
Nine Two Seven Nine Work Avenue has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nine Two Seven Nine Work Avenue was a private limited company based in Raipur, Chhattisgarh, India. The company worked in real estate financing, within the financial services industry. It was incorporated on 25 April 1995 and is registered under CIN U45101CT1995PTC002097. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nine Two Seven Nine Work Avenue was incorporated on 25 April 1995. It is registered with the Registrar of Companies, Chhattisgarh.
Nine Two Seven Nine Work Avenue had 3 directors:
- Urvi Mitesh Kothari - Director
- Chirag Dilip Shah - Director
- Mayur Shah - Director
The CIN (Corporate Identification Number) of Nine Two Seven Nine Work Avenue is U45101CT1995PTC002097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nine Two Seven Nine Work Avenue is at Shop No 77 Shahid Smarak Complex Near Lalganga Shopping Mall, G.E. Road Raipur 492 001 Chattisgarh, Chhattisgarh, India – 492001.
The latest financial statements of Nine Two Seven Nine Work Avenue 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 Nine Two Seven Nine Work Avenue is 29AADCS6434N1ZS, registered in Karnataka.
Nine Two Seven Nine Work Avenue operated in the financial services industry, in the real estate financing segment.
The peers of Nine Two Seven Nine Work Avenue by revenue are Khakhi Baba Buildcon Private Limited, Nest Hi-Tek Park Private Limited, Shubham Infraprojects Private Limited, Love Shoppers Limited, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Nine Two Seven Nine Work Avenue has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending.
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