About Nexus Udaipur Retail Private Limited
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Nexus Udaipur Retail Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Brep Asia Ii Indian Holding Co Ix (Nq) Pte. Ltd. It operates in the real estate financing segment of the financial services sector. It was incorporated on 16 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45400KA2007PTC069087. Its GSTIN is 08AABCF1210F1ZC (Rajasthan). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹38.41 Cr. It was formerly known as Flicker Projects Private Limited. It is led by directors including Nirzar Anil Kumar Umathe Jain and Pratik Nailesh Dantara.
Its last annual general meeting (AGM) was held on 21 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.49 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹21.64 Cr (net margin 42%) and EBITDA of ₹34.63 Cr (EBITDA margin 67.3%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 9% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1,635 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company. The company has 18 deals on record (9 funding rounds, 7 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹151 Cr; the latest was in May 2023. Its 6 peer companies in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 3 smaller; the largest is Arliga Galleria (India) Private Limited with revenue of ₹57.98 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2021, listing 38 overdue payments to 14 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website prestigeconstructions.com.
Company details
CIN history
Nexus Udaipur Retail has one previous CIN (Corporate Identification Number): U45400DL2007PTC167072. The current CIN is U45400KA2007PTC069087, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45400KA2007PTC069087 | Current |
| U45400DL2007PTC167072 | Previous |
Contact details
Nexus Udaipur Retail Private Limited's registered office is in Bangalore, Karnataka. Its website is prestigeconstructions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 401 And 402 4th Floor Embassy Classic No 5 Vittal Mallya Rd Shanthala Nagar A, Shok Nagar, Bangalore, Karnataka, India – 560001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Nexus Udaipur Retail 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 Nexus Udaipur Retail is real estate. In detail, this covers real estate activities with own or leased property and real estate activities on fee or contract basis. 2 activity segments are registered with the MCA.
| 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 | |
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Nexus Udaipur Retail Private Limited, buy the company report.
Financials of Nexus Udaipur Retail Private Limited
FY 2025 filings availableNexus Udaipur Retail Private Limited reported revenue of ₹51.49 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 9% growth in the latest year. EBITDA rose 15% 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 | ₹34.63 Cr | ||||
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| Net Profit (PAT) | ₹21.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.3% | ||||
| Net Profit Margin | 42% | ||||
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To see the full financial statements and ratios of Nexus Udaipur Retail Private Limited, buy the company report.
Board of directors of Nexus Udaipur Retail Private Limited
Nexus Udaipur Retail has 3 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirzar Anil Kumar Umathe Jain | Nominee Director | 11 Dec 2024 | 1 Years 10 Months | Current |
| Pratik Nailesh Dantara Also directs: Nexus Green Power Private Limited, Indore Treasure Island Private Limited, Padma Homes Private Limited and 4 more | Nominee Director | 12 May 2023 | 3 Years 5 Months | Current |
| Nilesh Kumar Singh Also directs: Nexus Green Power Private Limited, Naman Mall Management Company Private Limited, Safari Retreats Pvt Ltd and 4 more | Nominee Director | 12 May 2023 | 3 Years 5 Months | Current |
Peer comparison
Nexus Udaipur Retail Private Limited is compared with the 6 companies closest to it by revenue in the Business Services industry (Mall Management), 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 |
|---|---|---|---|---|---|---|
| Arliga Galleria (India) Private Limited | ₹57.98 Cr (FY 2025) | 0.0% | Bangalore, Karnataka, India | |||
| Upal Developers Private Limited | ₹55.62 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Nexus Mangalore Retail Private Limited | ₹55.27 Cr (FY 2025) | -9.0% | Mangalore, Karnataka, India | |||
| Nexus Udaipur Retail Private Limitedthis company | ₹51.49 Cr (FY 2025) | ₹21.64 Cr | 42% | 9.0% | 16 | Bangalore, Karnataka, India |
| G. S. Malls Private Limited | ₹51.16 Cr (FY 2024) | 11.0% | Jammu, Jammu and Kashmir, India | |||
| Achole Developers Private Limited | ₹50.41 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| Indore Treasure Island Private Limited | ₹49.37 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nexus Udaipur Retail Private Limited, buy the company report.
Auditor
Nexus Udaipur Retail Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2022 | 008072S |
Shareholding
The shareholding of Nexus Udaipur Retail 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 Nexus Udaipur Retail Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2021 | 100436574 | Idbi Trusteeship Services Limited | ₹1,495 Cr | Satisfied | |
| 30 Dec 2019 | 100314340 | Karnataka Bank Ltd. | ₹100 Cr | Satisfied | |
| 22 Oct 2009 | 10184591 | United Bank of India | ₹40 Cr | Satisfied |
To see the full charge records of Nexus Udaipur Retail Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Nexus Udaipur Retail Private Limited has 18 deals on record (9 funding rounds, 7 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹151 Cr; the latest was in May 2023.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Secondary share transfer | Undisclosed | Buyer: Nexus Select Trust Seller: Prestige Retail Ventures Limited , BREP Asia II Indian Holding Company IX (NQ) Pte Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: BREP Asia II Indian Holding Company IX (NQ) Pte Limited Seller: Prestige Retail Ventures Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Prestige Retail Ventures Limited Seller: CMIDF Udaipur Mall (Singapore) Pte Ltd |
| Jun 2018 | Acquisition | ₹60.52 Cr | Buyer: Prestige Retail Ventures Limited Seller: CMIDF Udaipur Mall (Singapore) Pte Ltd, Capitaretail India Development Fund Mauritius Investments (Singapore) Pte Limited |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Capitaretail India Development Fund Mauritius Investments (Singapore) Pte Limited, CMIDF Udaipur Mall (Singapore) Pte Ltd Seller: Capitaretail Udaipur Mall (Mauritius) Limited, Advance India Projects Limited |
To see the full deal history of Nexus Udaipur Retail 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
Nexus Udaipur Retail Private Limited has 6 court cases on record: 6 filed by Nexus Udaipur Retail. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Company petition | Filed by the company against an individual | Disposed |
| High Court | Court case (APPLC) | Filed by the company against South Asian Hospitality Pvt. Ltd. | Disposed |
| High Court | Writ petition | Filed by the company against State and Ors and 4 others | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against State and Ors | Disposed |
| High Court | Civil miscellaneous application | Filed by the company against South Asian Hospitality Pvt. Ltd. | Disposed |
To see the full case history of Nexus Udaipur Retail 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.
Credit ratings & regulatory alerts
Nexus Udaipur Retail Private Limited was last rated by Icra on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Nexus Udaipur Retail Private Limited, buy the company report.
MSME payment delays
Nexus Udaipur Retail Private Limited has 4 MSME Form 1 returns on record between 2019 and 2021, listing 38 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| GDX Security Solutions India Private Limited | |||
| an individual supplier | |||
| Parikh Electricals |
To see the full MSME payment records of Nexus Udaipur Retail Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nexus Udaipur Retail Private Limited has a workforce of 16 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Nexus Udaipur Retail has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AABCF1210F1ZC | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexus Udaipur Retail Private Limited, buy the company report.
Recent activity
Nexus Udaipur Retail Private Limited has 31 board changes on record since 2007: 3 appointments and 28 cessations. The latest: Nirzar Anil Kumar Umathe Jain ceased to be Additional Director on 20 Jul 2025.
29 earlier events are in the company report.
News
Frequently asked questions
Nexus Udaipur Retail is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 16 August 2007 (19+ years old) and is registered under CIN U45400KA2007PTC069087.
Nexus Udaipur Retail has 3 current directors:
- Nirzar Anil Kumar Umathe Jain - Nominee Director
- Pratik Nailesh Dantara - Nominee Director
- Nilesh Kumar Singh - Nominee Director
The latest financial statements of Nexus Udaipur Retail on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 21 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nexus Udaipur Retail is 08AABCF1210F1ZC, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nexus Udaipur Retail is U45400KA2007PTC069087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexus Udaipur Retail has 6 court cases on record: 6 filed by the company. Most are in the high courts.
Nexus Udaipur Retail was incorporated on 16 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Nexus Udaipur Retail has 18 deals on record (9 funding rounds, 7 secondary share transfers, 1 convertible or debt financing), with disclosed funding of ₹151 Cr; the latest was in May 2023.
The peers of Nexus Udaipur Retail by revenue are Arliga Galleria (India) Private Limited, Upal Developers Private Limited, Nexus Mangalore Retail Private Limited, G. S. Malls Private Limited, Achole Developers Private Limited and 1 more, all in the Business Services industry (Mall Management), with the same principal business activity (real estate activities with own or leased property).
Nirzar Anil Kumar Umathe Jain ceased to be Additional Director on 20 Jul 2025. Nirzar Anil Kumar Umathe Jain was appointed as Nominee Director on 11 Dec 2024. Nilesh Kumar Singh ceased to be Additional Director on 11 Jul 2023. Nexus Udaipur Retail has 31 board changes on record in total.
Nexus Udaipur Retail has 4 MSME Form 1 returns on record between 2019 and 2021, listing 38 overdue payments to 14 micro and small suppliers. The latest return was filed on 28 Oct 2021.
Nexus Udaipur Retail can be reached through the website prestigeconstructions.com. Its registered office is in Bangalore, Karnataka, India.
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