Nagesh Properties Private Limited
About Nagesh Properties Private Limited
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Nagesh Properties Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 20 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70102PN2006PTC129084. Its GSTIN is 27AACCN4175C1ZN (Maharashtra).
The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors Jaydeep Prakash Wankhede and Nandini Nagesh Karajagi.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1 Lower Ground Floor Millenium Squre 165 Railway Lines Saat Rasta, Solapur, Maharashtra, India – 413001.
As per the financials filed for FY 2022, the company reported a revenue of ₹9.22 Lakh, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹97,193 (net margin 10.5%) and EBITDA of ₹2.83 Lakh (EBITDA margin 30.7%). Revenue has grown at a compounded annual rate (CAGR) of 64% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹3.95 Cr on record. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹44 Lakh; the latest was in June 2021.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nagesh Properties Private Limited's registered office is in Solapur, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address1 Lower Ground Floor Millenium Squre 165 Railway Lines Saat Rasta, Solapur, Maharashtra, India – 413001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nagesh Properties 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 Nagesh Properties 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 Nagesh Properties Private Limited, buy the company report.
Financials of Nagesh Properties Private Limited
FY 2022 filings availableNagesh Properties Private Limited reported revenue of ₹9.22 Lakh (down 17% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 17% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA rose 38% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹9.22 Lakh | ||||
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| EBITDA | ₹2.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹97,193 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.7% | ||||
| Net Profit Margin | 10.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Nagesh Properties Private Limited, buy the company report.
Board of directors and KMP of Nagesh Properties Private Limited
Nagesh Properties Private Limited currently reports 2 directors and 1 key managerial person. 10 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaydeep Prakash Wankhede Also directs: Jw's Sugar and Agro Products Private Limited, J W Global India Private Limited, Yashraj Wineries Private Limited and 5 more | Additional Director | 13 Aug 2020 | 6 Years 2 Months | Current |
| Surendra Karnik Shashikant | Ceo | 01 Oct 2019 | 7 Years 1 Months | Current |
| Nandini Nagesh Karajagi Also directs: Yashraj Wineries Private Limited | Additional Director | 13 Aug 2020 | 6 Years 2 Months | Current |
Auditor
Nagesh Properties Private Limited is audited by ARUN NALLA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN NALLA & CO | FY 2022 | 130724W |
Shareholding
The shareholding of Nagesh Properties Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nagesh Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2023 | 100764875 | Canara Bank | ₹10 Cr | Open | |
| 23 Jul 2013 | 10439533 | The Laxmi Co-Operative Bank Limited | ₹2.95 Cr | Satisfied | |
| 25 Nov 2008 | 10130848 | The Laxmi Cooperative Bank Ltd | ₹1 Cr | Satisfied |
To see the full charge records of Nagesh Properties Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Nagesh Properties Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹44 Lakh; the latest was in June 2021.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Jul 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
To see the full deal history of Nagesh Properties Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nagesh Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nagesh Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nagesh Properties has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN4175C1ZN | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nagesh Properties Private Limited, buy the company report.
Recent activity
Nagesh Properties Private Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Jyoti Jaideep Wankhede ceased to be Additional Director on 15 Jun 2021.
10 earlier events are in the company report.
Frequently asked questions
Nagesh Properties is an active private limited company based in Solapur, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 20 September 2006 (20+ years old) and is registered under CIN U70102PN2006PTC129084.
Nagesh Properties has 3 current directors and KMP:
- Jaydeep Prakash Wankhede - Additional Director
- Nandini Nagesh Karajagi - Additional Director
- Surendra Karnik Shashikant - Ceo
The latest financial statements of Nagesh Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Nagesh Properties is 27AACCN4175C1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nagesh Properties is U70102PN2006PTC129084. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nagesh Properties was incorporated on 20 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Pune.
Nagesh Properties has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹44 Lakh; the latest was in June 2021.
Jyoti Jaideep Wankhede ceased to be Additional Director on 15 Jun 2021. Jaydeep Prakash Wankhede was appointed as Additional Director on 13 Aug 2020. Nandini Nagesh Karajagi was appointed as Additional Director on 13 Aug 2020. Nagesh Properties has 13 board changes on record in total.
The registered office of Nagesh Properties is at 1 Lower Ground Floor Millenium Squre 165 Railway Lines Saat Rasta, Solapur, Maharashtra, India – 413001.
Nagesh Properties operates in the real estate and construction industry, in the real estate builders and developers segment.
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