About Nectar Constructions Private Limited
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Nectar Constructions Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 08 August 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45201KA1988PTC009348. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹37.39 Lakh. It is led by directors Rohan S Raikar and Sangeeta Shailesh Raikar.
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 Block No.2 Iind Floor Enkay Complex Keshwapur Hubli – 580 020., Karnataka, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.26 Lakh, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹12,000 (net margin -0.7%) and EBITDA of -₹12,000 (EBITDA margin -0.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nectarconstructions.com.
Company details
Contact details
Nectar Constructions Private Limited's registered office is in Hubli, Karnataka. Its website is nectarconstructions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBlock No.2 Iind Floor Enkay Complex Keshwapur Hubli – 580 020., Karnataka, India
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nectar Constructions 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
Financials of Nectar Constructions Private Limited
FY 2024 filings availableNectar Constructions Private Limited reported revenue of ₹16.26 Lakh (down 57% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 57% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 22%. EBITDA rose 94% 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 | -₹12,000 | ||||
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| Net Profit (PAT) | -₹12,000 | ||||
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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 | -0.7% | ||||
| Net Profit Margin | -0.7% | ||||
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To see the full financial statements and ratios of Nectar Constructions Private Limited, buy the company report.
Board of directors of Nectar Constructions Private Limited
Nectar Constructions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohan S Raikar Also directs: Teknowgrade Private Limited | Director | 21 Jan 2024 | 2 Years 9 Months | Current |
| Sangeeta Shailesh Raikar | Director | 21 Jan 2024 | 2 Years 9 Months | Current |
Peer comparison
Nectar Constructions Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Crystal Vyapaar Private Limited | ₹16.28 Lakh (FY 2025) | 1186.0% | Kolkata, West Bengal, India | |||
| Raghu Properties Limited | ₹16.28 Lakh (FY 2025) | 69.0% | Delhi, India | |||
| Blackwood Space Solutions Private Limited | ₹16.28 Lakh (FY 2025) | -93.0% | Pune, Maharashtra, India | |||
| Kanha Infracare Private Limited | ₹16.27 Lakh (FY 2025) | 5.0% | Agra, Uttar Pradesh, India | |||
| Mansha Homes Private Limited | ₹16.26 Lakh (FY 2025) | 16161.0% | Faridabad, Haryana, India | |||
| Nectar Constructions Private Limitedthis company | ₹16.26 Lakh (FY 2024) | -₹12,000 | -0.7% | -57.0% | Hubli, Karnataka, India | |
| Shivam Realtors Private Limited | ₹16.26 Lakh (FY 2025) | -90.0% | Agra, Uttar Pradesh, India | |||
| Casamount Buildcon Private Limited | ₹16.25 Lakh (FY 2025) | -8.0% | Delhi, India | |||
| Swastikya Builders and Developers Private Limited | ₹16.25 Lakh (FY 2025) | Allahabad, Uttar Pradesh, India | ||||
| Ekling Buildcon Private Limited | ₹16.25 Lakh (FY 2024) | Jaipur, Rajasthan, India | ||||
| Northern Park Enclaves Construction Private Limited | ₹16.25 Lakh (FY 2024) | Kolkata, West Bengal, India |
To see the full peer comparison of Nectar Constructions Private Limited, buy the company report.
Auditor
Nectar Constructions Private Limited is audited by S B SHETTY & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S B SHETTY & CO | FY 2018 | 003824S |
Shareholding
The shareholding of Nectar Constructions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nectar Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2005 | 80033070 | Vijaya Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Nectar Constructions Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nectar Constructions Private Limited has 6 court cases on record: 5 filed by Nectar Constructions, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, DHARWAD, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against an individual | Disposed |
To see the full case history of Nectar Constructions 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 Nectar Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nectar Constructions has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nectar Constructions Private Limited, buy the company report.
Recent activity
Nectar Constructions Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Nitisha Sandeep Raikar ceased to be Director on 10 Feb 2024.
1 earlier event is in the company report.
Frequently asked questions
Nectar Constructions is an active private limited company based in Hubli, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 08 August 1988 (38+ years old) and is registered under CIN U45201KA1988PTC009348.
Nectar Constructions has 2 current directors:
- Rohan S Raikar - Director
- Sangeeta Shailesh Raikar - Director
The latest financial statements of Nectar Constructions 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.
No. Nectar Constructions has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nectar Constructions is U45201KA1988PTC009348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nectar Constructions has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
Nectar Constructions was incorporated on 08 August 1988, making it 38+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Nectar Constructions by revenue are Crystal Vyapaar Private Limited, Raghu Properties Limited, Blackwood Space Solutions Private Limited, Kanha Infracare Private Limited, Mansha Homes Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Nitisha Sandeep Raikar ceased to be Director on 10 Feb 2024. Rohan S Raikar was appointed as Director on 21 Jan 2024. Sangeeta Shailesh Raikar was appointed as Director on 21 Jan 2024. Nectar Constructions has 8 board changes on record in total.
Nectar Constructions can be reached through the website nectarconstructions.com. Its registered office is in Hubli, Karnataka, India.
The registered office of Nectar Constructions is at Block No.2 Iind Floor Enkay Complex Keshwapur Hubli – 580 020., Karnataka, India.
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