Neminath Homes Private Limited
About Neminath Homes Private Limited
Data last updated:
Neminath Homes Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 16 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45203MH2009PTC191747. Its GSTIN is 27AABCO2184R1ZV (Maharashtra).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1 Lakh. It was formerly known as Orbit Height Private Limited. It is led by directors Nemichand Poonamchand Jain and Tapan Mahendra Jhaveri.
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 115 Development Bank Bldg Crawford Market, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.74 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹33.2 Lakh (net margin 2.6%) and EBITDA of ₹89.83 Lakh (EBITDA margin 7.1%). Revenue has declined at a compounded annual rate (CAGR) of 34% over three years and 18% over five years.
As per MCA filings, the company has satisfied charges of ₹19.5 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Neminath Homes Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address115 Development Bank Bldg Crawford Market, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neminath Homes 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 Neminath Homes 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 Neminath Homes Private Limited, buy the company report.
Financials of Neminath Homes Private Limited
FY 2024 filings availableNeminath Homes Private Limited reported revenue of ₹12.74 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA fell 23% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹89.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹33.2 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Neminath Homes Private Limited, buy the company report.
Board of directors of Neminath Homes Private Limited
Neminath Homes has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nemichand Poonamchand Jain Also directs: Matruashish Realcon Private Limited, Star One Realcon Private Limited, Jhaveri Premises Private Limited and 5 more | Director | 16 Apr 2009 | 17 Years 6 Months | Current |
| Tapan Mahendra Jhaveri | Director | 16 Apr 2009 | 17 Years 6 Months | Current |
Peer comparison
Neminath Homes Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), 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 |
|---|---|---|---|---|---|---|
| Jai Krishan Estates Developers Private Limited | ₹12.85 Cr (FY 2025) | -61.0% | Delhi, India | |||
| Vyanktesh Industrial Creations Private Limited | ₹12.77 Cr (FY 2025) | 63.0% | Indore, Madhya Pradesh, India | |||
| Neminath Homes Private Limitedthis company | ₹12.74 Cr (FY 2025) | ₹33.2 Lakh | 2.6% | 10.0% | Mumbai, Maharashtra, India | |
| Ample Infrastructure Private Limited | ₹12.61 Cr (FY 2025) | 268.0% | New Delhi, Delhi, India |
To see the full peer comparison of Neminath Homes Private Limited, buy the company report.
Auditor
Neminath Homes Private Limited is audited by Jain and Jain LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain and Jain LLP | FY 2023 | 103869W/W100630 |
Shareholding
The shareholding of Neminath Homes Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neminath Homes Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Mar 2017 | 100091120 | Others | ₹5 Cr | Satisfied | |
| 27 Sep 2012 | 10385235 | Union Bank Ofindia | ₹14.5 Cr | Satisfied |
To see the full charge records of Neminath Homes Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Neminath Homes Private Limited has 9 court cases on record: 1 filed by Neminath Homes, 8 filed against it. 4 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 6 | 4 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Patna High Court | Court case (CWJC) | Filed by the company against M/S Priyadarshi Motors Pvt. Ltd., and 1 other | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Principal Commissioner of Income 1 | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 | Pending |
| High Court | Tax appeal | Filed against the company by PR Commissioner of Income Tax 1 | Disposed |
To see the full case history of Neminath Homes 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
Neminath Homes Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 37 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Jain & Jain | |||
| an individual supplier |
To see the full MSME payment records of Neminath Homes Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Neminath Homes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCO2184R1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neminath Homes Private Limited, buy the company report.
Recent activity
Neminath Homes Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Jitendra Govind Dewoolkar ceased to be Director on 15 Nov 2016.
Frequently asked questions
Neminath Homes is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 16 April 2009 (17+ years old) and is registered under CIN U45203MH2009PTC191747.
Neminath Homes has 2 current directors:
- Nemichand Poonamchand Jain - Director
- Tapan Mahendra Jhaveri - Director
The latest financial statements of Neminath Homes 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 Neminath Homes is 27AABCO2184R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neminath Homes is U45203MH2009PTC191747. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neminath Homes has 9 court cases on record: 1 filed by the company and 8 filed against it. 4 are pending. Most are in the high courts.
Neminath Homes was incorporated on 16 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neminath Homes by revenue are Jai Krishan Estates Developers Private Limited, Vyanktesh Industrial Creations Private Limited, Ample Infrastructure Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Jitendra Govind Dewoolkar ceased to be Director on 15 Nov 2016. Ganpatraj Lalchand Chowdhary ceased to be Additional Director on 31 Mar 2016. Mahendra Gulabchand Jhaveri ceased to be Director on 01 Dec 2014. Neminath Homes has 5 board changes on record in total.
Neminath Homes has 3 MSME Form 1 returns on record between 2017 and 2019, listing 37 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jun 2019.
The registered office of Neminath Homes is at 115 Development Bank Bldg Crawford Market, Mumbai, Maharashtra, India – 400001.
Neminath Homes operates in the real estate and construction industry, in the real estate builders and developers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
