- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-24-0013827

About Neptune Infraspace Private Limited
Data last updated:
Neptune Infraspace Private Limited is a private limited company based in Vadodara, Gujarat, India, a subsidiary of Neptune Realty Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 24 November 2009 and has been in existence for over 17 years.
Its director Amish Krupeshbhai Patel is #678 among India's richest people (2026). Its director Niral Krupeshbhai Patel is #678 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2009PTC058695. Its GSTIN is 24AADCN1428R1Z7 (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.9 Cr. It is led by directors including Tanmay Surendrabhai Patel and Niral Krupeshbhai Patel.
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 Neptune Campus Near Atlantis Heights Sarabhai Marg Vadiwadi, Vadodara, Gujarat, India – 390007.
As per the financials filed for FY 2025, the company reported a revenue of ₹119.22 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹6.28 Cr (net margin 5.3%) and EBITDA of ₹12.75 Cr (EBITDA margin 10.7%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 48% over five years.
As per MCA filings, the company has open charges of ₹578.28 Cr and satisfied charges of ₹190.49 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending.
Neptune Infraspace Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0013827). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neptunerealtygroup.com.
Company details
Recognitions & Rankings of Neptune Infraspace
- #678 Amish Krupeshbhai Patel ₹4,700 Cr
- #678 Niral Krupeshbhai Patel ₹4,700 Cr
- #778 Tanmay Surendrabhai Patel ₹4,000 Cr
Contact details
Neptune Infraspace Private Limited's registered office is in Vadodara, Gujarat. Its website is neptunerealtygroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNeptune Campus Near Atlantis Heights Sarabhai Marg Vadiwadi, Vadodara, Gujarat, India – 390007
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neptune Infraspace 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 Neptune Infraspace 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 Neptune Infraspace Private Limited, buy the company report.
Financials of Neptune Infraspace Private Limited
FY 2024 filings availableNeptune Infraspace Private Limited reported revenue of ₹119.22 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA rose 7% 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 | ₹12.75 Cr | ||||
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| Net Profit (PAT) | ₹6.28 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 10.7% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Neptune Infraspace Private Limited, buy the company report.
Board of directors of Neptune Infraspace Private Limited
Neptune Infraspace has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tanmay Surendrabhai Patel Also directs: Atlanta Uhv Transformers LLP, VJ Transform LLP, Atlanta Electricals Limited and 5 more | Director | 24 Nov 2009 | 16 Years 11 Months | Current |
| Niral Krupeshbhai Patel Also directs: Atlanta Uhv Transformers LLP, VJ Transform LLP, Atlanta Electricals Limited and 5 more | Director | 24 Nov 2009 | 16 Years 11 Months | Current |
| Amish Krupeshbhai Patel Also directs: Atlanta Uhv Transformers LLP, VJ Transform LLP, Atlanta Electricals Limited and 5 more | Director | 24 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Neptune Infraspace Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| H L Residency Private Limited | ₹119.27 Cr (FY 2024) | -18.0% | Delhi, India | |||
| South India Shelters Private Limited | ₹119.22 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| Neptune Infraspace Private Limitedthis company | ₹119.22 Cr (FY 2025) | ₹6.28 Cr | 5.3% | -16.0% | Vadodara, Gujarat, India | |
| Calicut Landmark Builders and Developers (India) Private Limited | ₹119.14 Cr (FY 2024) | 14.0% | Kozhikode, Kerala, India | |||
| Total Environment Living Spaces Private Limited | ₹118.8 Cr (FY 2025) | -53.0% | Bangalore, Karnataka, India | |||
| Concord Infrastructure Private Limited | ₹118.77 Cr (FY 2025) | 27.0% | Delhi, India |
To see the full peer comparison of Neptune Infraspace Private Limited, buy the company report.
Auditor
Neptune Infraspace Private Limited is audited by MUKUND & ROHIT for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUKUND & ROHIT | FY 2023 | 113375W |
Shareholding
The shareholding of Neptune Infraspace 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) | |||||
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| Others |
To see the full shareholding pattern of Neptune Infraspace Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Dec 2025 | 101201362 | Others | ₹95 Lakh | Open | |
| 25 Sep 2025 | 101178006 | Others | ₹4.8 Cr | Open | |
| 02 Jul 2025 | 101137369 | Others | ₹2.35 Cr | Open | |
| 20 May 2025 | 101119811 | Others | ₹218 Cr | Open | |
| 21 Apr 2025 | 101091548 | Others | ₹2.32 Cr | Open |
To see the full charge records of Neptune Infraspace Private Limited, buy the company report.
Total charge records: 28 View all charges
Legal cases
Neptune Infraspace Private Limited has 8 court cases on record: 5 filed by Neptune Infraspace, 3 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 2 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (AO) | Filed by the company against KS Infraspace LLP and 1 other | Disposed |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 1 other | Pending |
| High Court, GUJARAT | Appeal | Filed against the company by Ambalal Sarabhai Enterpise Ltd Thru Chaula Mahendraprasad Shastri | Disposed |
| Supreme Court | Court case (1805-Ordinary Civil Matters : Matters relating to specific performance of contract) | Filed against the company by Ambalal Sarabhai Enterprise Limited Thru Chaula Mahendraprasad Shastri 27, Baroda People Society, Alkapuri , District: Vadodara ,Vadodara , Gujarat | Disposed |
To see the full case history of Neptune Infraspace 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 Neptune Infraspace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neptune Infraspace has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN1428R1Z7 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neptune Infraspace Private Limited, buy the company report.
Recent activity
Neptune Infraspace Private Limited has 9 board changes on record since 2009: 6 appointments and 3 cessations. The latest: Krupeshbhai Narharibhai Patel ceased to be Director on 07 Aug 2025.
36 earlier events are in the company report.
Frequently asked questions
Neptune Infraspace is an active private limited company based in Vadodara, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 24 November 2009 (17+ years old) and is registered under CIN U45201GJ2009PTC058695.
Neptune Infraspace has 3 current directors:
- Tanmay Surendrabhai Patel - Director
- Niral Krupeshbhai Patel - Director
- Amish Krupeshbhai Patel - Director
The latest financial statements of Neptune Infraspace 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 Neptune Infraspace is 24AADCN1428R1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Neptune Infraspace is U45201GJ2009PTC058695. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Infraspace has 8 court cases on record: 5 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Neptune Infraspace was incorporated on 24 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neptune Infraspace by revenue are H L Residency Private Limited, South India Shelters Private Limited, Calicut Landmark Builders and Developers (India) Private Limited, Total Environment Living Spaces Private Limited, Concord Infrastructure Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Krupeshbhai Narharibhai Patel ceased to be Director on 07 Aug 2025. Navinbhai Natubhai Patel ceased to be Director on 31 Mar 2018. Shreyas Shah ceased to be Director on 28 Dec 2016. Neptune Infraspace has 9 board changes on record in total.
Yes, Neptune Infraspace is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-24-0013827).
Neptune Infraspace can be reached through the website neptunerealtygroup.com. Its registered office is in Vadodara, Gujarat, India.

