About Nam Estates Private Limited
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Nam Estates Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Jv Holding Private Limited. 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 development and construction segment of the real estate and construction sector. It was incorporated on 02 June 1995.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1995PTC017950. Its GSTIN is 29AAACN6881H1Z2 (Karnataka).
The company had an authorised share capital of ₹920.27 Cr and a paid-up capital of ₹920.24 Cr. It was led by directors Aditya Virwani and Karan Virwani.
Its last annual general meeting (AGM) was held on 14 November 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 1st Floor Embassy Point 150 Infantry Road Bangalore., Karnataka, India – 560052.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,217.54 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net loss of ₹517.4 Cr (net margin -42.5%) and EBITDA of ₹35.25 Cr (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 171% over five years.
The company had about 132 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 10 subsidiaries.
The company was associated with 1 brand: Embassy Group. As per MCA filings, the company had open charges of ₹3,724.84 Cr and satisfied charges of ₹3,174.17 Cr on record. Court records list 149 cases involving the company, including 38 filed by the company and 111 filed against it; 37 cases are pending. The company has 15 deals on record (10 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹1,091.17 Cr; the latest was in December 2024. Its 6 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 2 larger and 4 smaller; the largest is Kanakia Spaces Realty Private Limited with revenue of ₹1,252.29 Cr. The company has 10 MSME Form 1 returns on record between 2019 and 2022, listing 80 overdue payments to 25 micro and small suppliers.
The last known website on record is embassyindia.com.
Company details
Contact details
Nam Estates Private Limited's registered office is in Bangalore, Karnataka. Its website is embassyindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor Embassy Point 150 Infantry Road Bangalore., Karnataka, India – 560052
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nam Estates 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
Brands
Nam Estates operates one associated brand: Embassy Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate projects including apartments, villas, and offices are developed. | embassyindia.com |
Business activity
The main business activity of Nam Estates 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 Nam Estates Private Limited, buy the company report.
Financials of Nam Estates Private Limited
FY 2024 filings availableNam Estates Private Limited reported revenue of ₹1,217.54 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 171% over five years, including 9% growth in the latest year. EBITDA rose 138% 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 | ₹35.25 Cr | ||||
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| Net Profit (PAT) | -₹517.4 Cr | ||||
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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 | 2.9% | ||||
| Net Profit Margin | -42.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nam Estates Private Limited, buy the company report.
Board of directors of Nam Estates Private Limited
Nam Estates has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Virwani | Director | 18 Dec 2020 | 5 Years 10 Months | As last reported |
| Karan Virwani Also directs: Lounge Hospitality LLP, Embassy Leisure and Entertainment Projects LLP, Le Salon Virsella LLP and 5 more | Director | 18 Dec 2020 | 5 Years 10 Months | As last reported |
Peer comparison
Nam Estates Private Limited is compared with the 6 companies closest to it by revenue in the Real Estate industry (Builders and Developers), 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 |
|---|---|---|---|---|---|---|
| Kanakia Spaces Realty Private Limited | ₹1,252.29 Cr (FY 2024) | 95.0% | Mumbai, Maharashtra, India | |||
| Wave Megacity Centre Private Limited | ₹1,246.14 Cr (FY 2025) | 292.0% | New Delhi, Delhi, India | |||
| Nam Estates Private Limitedthis company | ₹1,217.54 Cr (FY 2024) | -₹517.4 Cr | -42.5% | 9.0% | 132 | Bangalore, Karnataka, India |
| Runwal Developers Limited | ₹1,199.76 Cr (FY 2025) | 104.0% | Mumbai, Maharashtra, India | |||
| Valor Estate Limited | ₹1,181.21 Cr (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| DLF Urban Private Limited | ₹1,162.39 Cr (FY 2025) | 24807.0% | Gurgaon, Haryana, India | |||
| Zinnia Promoters & Developers Private Limited. | ₹1,154.97 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nam Estates Private Limited, buy the company report.
Auditor
Nam Estates Private Limited is audited by N S V M & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N S V M & Associates | FY 2022 | 010072S |
Shareholding
The shareholding of Nam Estates Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Nam Estates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Aug 2024 | 100967010 | Others | ₹47 Cr | Satisfied | |
| 29 Jul 2021 | 100473814 | Others | ₹1,000 Cr | Satisfied | |
| 29 Jun 2021 | 100462231 | Others | ₹55 Cr | Satisfied | |
| 26 May 2021 | 100449489 | Others | ₹65 Cr | Satisfied | |
| 26 May 2021 | 100450232 | Others | ₹65 Cr | Satisfied |
To see the full charge records of Nam Estates Private Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Nam Estates Private Limited has 15 deals on record (10 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹1,091.17 Cr; the latest was in December 2024.
Deals on record (5 of 15)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round | ₹101.93 Cr | Investors: Omr Investments LLP , Goldman Sachs Private Equity, Brep Asia Sg City View Holding (Nq) Pte Limited |
| Aug 2021 | Funding round | ₹399.74 Cr | Investors: JV Holding Private Limited , 3 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Dynasty Developers Private Limited Seller: Dynasty Stock Holdings Private Limited |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Dynasty Stock Holdings Private Limited Seller: Swire Investments Private Limited , Embassy Leasing Private Limted, 2 individuals |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Swire Investments Private Limited , Embassy Leasing Private Limted Seller: Embassy Finvest Private Limited , Dynasty Stock Holdings Private Limited |
To see the full deal history of Nam Estates 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
Nam Estates Private Limited has 149 court cases on record: 38 filed by Nam Estates, 111 filed against it. 37 cases are pending and 112 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 86 | 72 | 20 |
| High courts | 42 | 24 | 7 |
| NCLAT | 15 | 12 | 9 |
| Supreme Court | 4 | 3 | 1 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 149)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1001-Company Law, Sick Industries including Disinvestment : Company Law, Sick Industries including Disinvestment) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Swire Investments Pvt.Ltd and 2 others | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
To see the full case history of Nam Estates 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
Nam Estates Private Limited has 10 MSME Form 1 returns on record between 2019 and 2022, listing 80 overdue payments to 25 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 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Airtron Consulting Engineers Private Limited | |||
| an individual supplier | |||
| Yes Property Ventures Private Limited | |||
| an individual supplier | |||
| Iteanz Technologies India Private Limited |
To see the full MSME payment records of Nam Estates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nam Estates has 10 subsidiary companies and 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Embassy East Business Park Private Limited | U51101KA1973PTC002298 | |
| Embassy Realty Ventures Pvt Ltd | U62100KA2018PTC109810 | |
| Rge Constructions and Developments Private Limited | U70101TN2007PTC064100 | |
| Embassy One Commercial Property Developments Private Limited | U70109KA2018PTC114487 | |
| Embassy Infra Developers Private Limited | U70109KA2020PTC133636 | |
| Logus Projects Private Limited | U70109KA2021PTC144814 |
To see the full group structure of Nam Estates Private Limited, buy the company report.
Employees & EPFO
Nam Estates Private Limited has a workforce of 132 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
GST
Nam Estates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN6881H1Z2 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nam Estates Private Limited, buy the company report.
Recent activity
Nam Estates Private Limited has 13 board changes on record since 2007: 2 appointments and 11 cessations. The latest: Pandithacholanallur Ramakrishnan Rajagopalan ceased to be Director Appointed In Casual Vacancy on 01 Oct 2024.
44 earlier events are in the company report.
News
Frequently asked questions
Nam Estates 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.
Nam Estates was a private limited company based in Bangalore, Karnataka, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 June 1995 and is registered under CIN U85110KA1995PTC017950. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nam Estates was incorporated on 02 June 1995. It is registered with the Registrar of Companies, Bangalore.
Nam Estates had 2 directors:
- Aditya Virwani - Director
- Karan Virwani - Director
The CIN (Corporate Identification Number) of Nam Estates is U85110KA1995PTC017950. 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 Nam Estates is at 1st Floor Embassy Point 150 Infantry Road Bangalore., Karnataka, India – 560052.
Nam Estates can be reached through the website embassyindia.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Nam Estates on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 14 November 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Nam Estates is 29AAACN6881H1Z2, registered in Karnataka.
Nam Estates operated in the real estate and construction industry, in the real estate builders and developers segment.
Nam Estates has 15 deals on record (10 secondary share transfers, 3 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹1,091.17 Cr; the latest was in December 2024.
The peers of Nam Estates by revenue are Kanakia Spaces Realty Private Limited, Wave Megacity Centre Private Limited, Runwal Developers Limited, Valor Estate Limited, DLF Urban Private Limited and 1 more, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).