Nagdev Developers Private Limited
About Nagdev Developers Private Limited
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Nagdev Developers Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 21 May 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U43299MH1991PTC061801. Its GSTIN is 27AAACT5036E1ZL (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15.51 Lakh. It is led by directors Mohanlal Somamal Nagdev and Vinit Mohandas Nagdev.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹60.89 Lakh, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹13.15 Lakh (net margin -21.6%) and EBITDA of -₹16.15 Lakh (EBITDA margin -26.5%). Revenue has grown at a compounded annual rate (CAGR) of 65% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹1.27 Cr on record. Court records list 9 cases involving the company, including 3 filed by the company and 6 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Nagdev Developers has one previous CIN (Corporate Identification Number): U29220MH1991PTC061801. The current CIN is U43299MH1991PTC061801, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U43299MH1991PTC061801 | Current |
| U29220MH1991PTC061801 | Previous |
Contact details
Nagdev Developers Private Limited's registered office is in Thane, Maharashtra.
- Registered AddressGala No. H – 546 Plot 3/7 Sec – 19, Fruit & Vegetable Market Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Nagdev Developers is administrative and support service activities. In detail, this covers rental and leasing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 77 | Rental and leasing activities |
To see the full business activity and turnover split of Nagdev Developers Private Limited, buy the company report.
Financials of Nagdev Developers Private Limited
FY 2024 filings availableNagdev Developers Private Limited reported revenue of ₹60.89 Lakh (up 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 19% growth in the latest year. EBITDA fell 175% 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 |
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| EBITDA | -₹16.15 Lakh | ||||
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| Net Profit (PAT) | -₹13.15 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.5% | ||||
| Net Profit Margin | -21.6% | ||||
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To see the full financial statements and ratios of Nagdev Developers Private Limited, buy the company report.
Board of directors of Nagdev Developers Private Limited
Nagdev Developers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanlal Somamal Nagdev Also directs: Nagdev Developers LLP | Additional Director | 27 Feb 2025 | 1 Years 7 Months | Current |
| Vinit Mohandas Nagdev | Additional Director | 27 Feb 2025 | 1 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 1998 | 90387409 | Abhyudnya Co- Op. Bank Ltd. | ₹45 Lakh | Satisfied | |
| 03 Jul 1996 | 80046960 | Abhyudaya Co-Op. Bank Limite | ₹37 Lakh | Satisfied | |
| 03 Jul 1996 | 80046961 | Abhyudaya Co-Op. Bank Limited | ₹45 Lakh | Satisfied |
To see the full charge records of Nagdev Developers Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Nagdev Developers Private Limited has 9 court cases on record: 3 filed by Nagdev Developers, 6 filed against it. 3 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 0 |
| District courts | 4 | 2 | 3 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SJ) | Filed against the company by Pan India Network Infravest Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by Pan India Network Infravest Pvt. Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Thane, Maharashtra | Court case (M.C.A.) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Court case (M.C.A.) | Filed by the company against an individual | Pending |
To see the full case history of Nagdev Developers 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 Nagdev Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nagdev Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT5036E1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nagdev Developers Private Limited, buy the company report.
Recent activity
Nagdev Developers Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Ashish Laxmikant Thakoor ceased to be Director on 03 Mar 2025.
3 earlier events are in the company report.
Frequently asked questions
Nagdev Developers is an active private limited company based in Thane, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 21 May 1991 (35+ years old) and is registered under CIN U43299MH1991PTC061801.
Nagdev Developers has 2 current directors:
- Mohanlal Somamal Nagdev - Additional Director
- Vinit Mohandas Nagdev - Additional Director
The latest financial statements of Nagdev Developers 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 Nagdev Developers is 27AAACT5036E1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nagdev Developers is U43299MH1991PTC061801. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nagdev Developers has 9 court cases on record: 3 filed by the company and 6 filed against it. 3 are pending. Most are in the high courts.
Nagdev Developers was incorporated on 21 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashish Laxmikant Thakoor ceased to be Director on 03 Mar 2025. Mohanlal Somamal Nagdev was appointed as Additional Director on 27 Feb 2025. Vinit Mohandas Nagdev was appointed as Additional Director on 27 Feb 2025. Nagdev Developers has 6 board changes on record in total.
The registered office of Nagdev Developers is at Gala No. H – 546 Plot 37 Sec – 19, Fruit & Vegetable Market Turbhe Navi Mumbai, Thane, Maharashtra, India – 400705.
Nagdev Developers operates in the machinery and equipment industry, in the industrial tools and components segment.