About Neptune Ventures and Developers Private Limited.
Data last updated:
Neptune Ventures and Developers Private Limited. is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Neptune Developers Limited. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 15 January 2009.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2009PTC189590. Its GSTIN is 27AACCN9418J1Z4 (Maharashtra).
The company has an authorised share capital of ₹56 Cr and a paid-up capital of ₹56 Cr. It is led by directors including Nayan Ashok Bheda (Managing Director) and Nayan Thakarshi Shah.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹53.71 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹47.57 Cr (net margin -88.6%) and EBITDA of -₹8.72 Cr (EBITDA margin -16.2%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,358.26 Cr and satisfied charges of ₹390.99 Cr on record. Court records list 73 cases involving the company, including 8 filed by the company and 59 filed against it; 12 cases are pending. The company has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹199.99 Cr; the latest was in August 2014. Its 10 peer companies in the Real Estate industry (Builders and Developers) are compared by revenue, 5 larger and 5 smaller; the largest is VBHC Private Limited with revenue of ₹53.98 Cr.
The last known website on record is neptunegroup.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Eastern Business District Near Mangatram Petrol Pump L B S Road, Bhandup(W), Mumbai, Maharashtra, India – 400078
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Neptune Ventures and Developers Private Limited.
The main business activity of Neptune Ventures and Developers Private Limited is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Neptune Ventures and Developers Private Limited. FY 2019 filings available
Neptune Ventures and Developers Private Limited. reported revenue of ₹53.71 Cr (down 88% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Neptune Ventures and Developers Private Limited.
Revenue has declined at a compounded annual rate (CAGR) of 6% over three years, including a 88% fall in the latest year. EBITDA fell 186% 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 of Neptune Ventures and Developers Private Limited.
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹53.71 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹8.72 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹47.57 Cr | •••• | •••• | •••• | •••• |
| 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 of Neptune Ventures and Developers Private Limited.
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -88.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Neptune Ventures and Developers Private Limited are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited. is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VBHC Private Limited | ₹53.98 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Bangalore, Karnataka, India |
| SMV Agencies Private Limited | ₹53.82 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | New Delhi, Delhi, India |
| Gurgaon Realtech Limited | ₹53.8 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Gurgaon, Haryana, India |
| Nova Life Space Private Limited | ₹53.76 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Chennai, Tamil Nadu, India |
| Adinath Buildcon Private Limited | ₹53.76 Cr (FY 2025) | •••• | •••• | 335.0% | •••• | Jaipur, Rajasthan, India |
| Neptune Ventures and Developers Private Limited. this company | ₹53.71 Cr (FY 2019) | •••• | •••• | -88.0% | •••• | Mumbai, Maharashtra, India |
| Transcon Dev JV Private Limited | ₹53.7 Cr (FY 2025) | •••• | •••• | 442.0% | •••• | Mumbai, Maharashtra, India |
| Deron Properties Private Limited | ₹53.68 Cr (FY 2019) | •••• | •••• | 2124.0% | •••• | Mumbai, Maharashtra, India |
| Kshitija Infrastructure Private Limited | ₹53.67 Cr (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
| Jai Shanker Sales Private Limited | ₹53.64 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Kanpur, Uttar Pradesh, India |
| Sri Kubera Constructions Private Limited | ₹53.62 Cr (FY 2020) | •••• | •••• | -2.0% | •••• | Sangli, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Neptune Ventures and Developers Private Limited by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited. is audited by B P SANGHANI & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B P SANGHANI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited. currently reports 4 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Bharatbhai Doshi | Company Secretary | 01 Jul 2015 | 11 Years 3 Months | As last reported |
| Nayan Thakarshi Shah Also directs: Neptune Enclave Private Limited, Neptune Entertainment Private Limited, Kavya Residency LLP and 2 more | Director | 15 Jun 2011 | 15 Years 3 Months | As last reported |
| Sachin Manohar Deshmukh Also directs: Vrutti Developers LLP, Vedant Realtors LLP, Neptune Enclave Private Limited and 5 more | Director | 15 Jan 2009 | 17 Years 8 Months | As last reported |
| Nayan Ashok Bheda Also directs: Vrutti Developers LLP, Vedant Realtors LLP, Neptune Enclave Private Limited and 5 more | Managing Director | 15 Jan 2009 | 17 Years 8 Months | As last reported |
| Sandeep Mahajan | Irp/Rp/Liquidator | 21 Sep 2023 | 3 Years 0 Months | As last reported |
Ownership and Shareholding of Neptune Ventures and Developers Private Limited.
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Neptune Ventures and Developers Private Limited.
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2019 | Others | ₹11.4 Cr | Open |
| 10 Jan 2018 | Others | ₹25 Cr | Open |
| 28 Sep 2016 | Others | ₹25.5 Cr | Open |
| 30 Nov 2015 | Hdfc Ltd | ₹250 Cr | Open |
| 09 Mar 2015 | Axis Bank Limited | ₹11.7 Lakh | Open |
Total charge records: 21 View all charges
Deals & Funding of Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited. has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹199.99 Cr; the latest was in August 2014.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Neptune Developers Limited , Neptune Developers Limited & Nayan ashok Bheda Seller: an individual |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Neptune Developers Limited Seller: an individual |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Neptune Developers Limited Seller: an individual |
| Aug 2014 | Secondary share transfer | Undisclosed | Buyer: Neptune Developers Limited Seller: an individual |
| Jan 2014 | Funding round | ₹160 Cr | Investors: Neptune Developers Limited |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited. has 73 court cases on record: 8 filed by Neptune Ventures and Developers Private Limited, 59 filed against it, 6 where it is another party. 12 cases are pending and 61 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 41 | 38 | 10 |
| High courts | 31 | 21 | 2 |
| NCLAT | 1 | 0 | 0 |
Cases on record (5 of 73)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed against the company by Beacon Trusteeship Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by JM Financial Products Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by H & B Stores Limited. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Catalyst Trusteeship Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by JM Financial Products Limited | Disposed |
Full case history
All 73 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited. has a workforce of 20 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Neptune Ventures and Developers Private Limited.
Recent Activity on Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited. has 13 board changes on record since 2009: 5 appointments and 8 cessations. The latest: Sandeep Mahajan was appointed as Irp/Rp/Liquidator on 21 Sep 2023.
38 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neptune Ventures and Developers Private Limited.
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Neptune Ventures and Developers Private Limited.
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Neptune Ventures and Developers Private Limited.
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN9418J1Z4 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Neptune Ventures and Developers Private Limited.
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Neptune Ventures and Developers Private Limited.
Neptune Ventures and Developers Private Limited is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Neptune Ventures and Developers Private Limited is a company under insolvency, formerly operating as a 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 15 January 2009 and is registered under CIN U45202MH2009PTC189590. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Neptune Ventures and Developers Private Limited reported revenue of ₹53.71 Cr for FY 2019 (down 88% YoY).
Neptune Ventures and Developers Private Limited has 5 current directors and KMP:
- Nayan Ashok Bheda - Managing Director
- Nayan Thakarshi Shah - Director
- Sachin Manohar Deshmukh - Director
- Chintan Bharatbhai Doshi - Company Secretary
- Sandeep Mahajan - Irp/Rp/Liquidator
Neptune Ventures and Developers Private Limited reported a net loss of ₹47.57 Cr (net margin -88.6%) and EBITDA of -₹8.72 Cr (EBITDA margin -16.2%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neptune Ventures and Developers Private Limited is -6% over three years. In the latest year (FY 2019) revenue fell 88%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Neptune Ventures and Developers Private Limited is U45202MH2009PTC189590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Ventures and Developers Private Limited has open charges of ₹1,358.26 Cr and satisfied charges of ₹390.99 Cr as per latest MCA filings.
Neptune Ventures and Developers Private Limited has 73 court cases on record: 8 filed by the company and 59 filed against it. 12 are pending. Most are in the district courts.
Neptune Ventures and Developers Private Limited was incorporated on 15 January 2009. It is registered with the Registrar of Companies, Mumbai.
Neptune Ventures and Developers Private Limited has 8 deals on record (5 secondary share transfers, 3 funding rounds), with disclosed funding of ₹199.99 Cr; the latest was in August 2014.