About Nexusmalls Whitefield Private Limited
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Nexusmalls Whitefield 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 mall and retail management segment of the business services sector. It was incorporated on 15 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70100KA1996PTC020294. Its GSTIN is 29AABCP2091E1ZJ (Karnataka). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹4.21 Cr. It was formerly known as Prestige Garden Constructions Private Limited. It is led by directors including Rohan Deepak Vaswani and Jayen Ajit Naik.
Its last annual general meeting (AGM) was held on 25 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 ₹85.66 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹26.57 Cr (net margin 31%) and EBITDA of ₹50.12 Cr (EBITDA margin 58.5%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 3% over five years.
The company is associated with 2 brands: Prestige Group and Nexus Mall. As per MCA filings, the company has satisfied charges of ₹2,028.3 Cr on record. Court records list 11 cases involving the company, including 3 filed by the company and 8 filed against it; 1 case is pending. The company has 14 deals on record (8 secondary share transfers, 3 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹138.51 Cr; the latest was in March 2021. 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, 2 larger and 4 smaller; the largest is Safari Retreats Pvt Ltd with revenue of ₹95.25 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 290 overdue payments to 54 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 nexusmalls.com.
Company details
CIN history
Nexusmalls Whitefield has one previous CIN (Corporate Identification Number): U85110KA1996PTC020294. The current CIN is U70100KA1996PTC020294, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100KA1996PTC020294 | Current |
| U85110KA1996PTC020294 | Previous |
Contact details
Nexusmalls Whitefield Private Limited's registered office is in Bangalore, Karnataka. Its website is nexusmalls.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMall Management Office Nexus Whitefield Mall 3rd Floor No.62 Whitefield Main Road, Whitefield, Bangalore, Karnataka, India – 560066
- IndustryBusiness Services, Mall & Retail Management
To see the full contact details of Nexusmalls Whitefield 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
Brands
Nexusmalls Whitefield operates two associated brands: Prestige Group and Nexus Mall. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Commercial and residential real estate development services are provided. | prestigeconstructions.com | |
| Real estate investment trust focused on urban consumption centers and retail properties in India. | nexusmalls.com |
Business activity
The main business activities of Nexusmalls Whitefield are real estate and accommodation and food service. In detail, this covers real estate activities with own or leased property, real estate activities on fee or contract basis and accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.. 3 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 | |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Nexusmalls Whitefield Private Limited, buy the company report.
Financials of Nexusmalls Whitefield Private Limited
FY 2025 filings availableNexusmalls Whitefield Private Limited reported revenue of ₹85.66 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 13% growth in the latest year. EBITDA rose 29% 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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| Total Expenses | |||||
| EBITDA | ₹50.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.57 Cr | ||||
| Balance Sheet | |||||
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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 | 58.5% | ||||
| Net Profit Margin | 31% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Nexusmalls Whitefield Private Limited, buy the company report.
Board of directors of Nexusmalls Whitefield Private Limited
Nexusmalls Whitefield has 3 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohan Deepak Vaswani Also directs: Indore Treasure Island Private Limited, Nexus Hyderabad Retail Private Limited, Padma Homes Private Limited and 5 more | Additional Director | 11 Dec 2024 | 1 Years 11 Months | Current |
| Jayen Ajit Naik Also directs: Nexus Hyderabad Retail Private Limited, Nexus Vijaya Retail Private Limited, Nexus Mangalore Retail Private Limited and 5 more | Nominee Director | 12 May 2023 | 3 Years 6 Months | Current |
| Nirzar Anil Kumar Umathe Jain Also directs: Nexus Hyderabad Retail Private Limited, Nexus Vijaya Retail Private Limited, Nexus Mysore Retail Private Limited and 4 more | Nominee Director | 12 May 2023 | 3 Years 6 Months | Current |
Peer comparison
Nexusmalls Whitefield 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 |
|---|---|---|---|---|---|---|
| Safari Retreats Pvt Ltd | ₹95.25 Cr (FY 2025) | 11.0% | Bhubaneswar, Odisha, India | |||
| Nexus Shantiniketan Retail Private Limited | ₹86.79 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Nexusmalls Whitefield Private Limitedthis company | ₹85.66 Cr (FY 2025) | ₹26.57 Cr | 31% | 13.0% | Bangalore, Karnataka, India | |
| City Realty & Development Private Limited | ₹82.84 Cr (FY 2025) | -1.0% | Pune, Maharashtra, India | |||
| Z-Square Shopping Mall Private Limited | ₹68.82 Cr (FY 2020) | 2.0% | Kanpur, Uttar Pradesh, India | |||
| City Centre Mall Nashik Private Limited | ₹68.14 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| VR Malwa Private Limited | ₹67.05 Cr (FY 2024) | -19.0% | Mohali, Punjab, India |
To see the full peer comparison of Nexusmalls Whitefield Private Limited, buy the company report.
Auditor
Nexusmalls Whitefield Private Limited is audited by For S R B C & CO LLP Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For S R B C & CO LLP Chartered Accountants | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Nexusmalls Whitefield 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 Nexusmalls Whitefield Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2021 | 100436417 | Idbi Trusteeship Services Limited | ₹1,495 Cr | Satisfied | |
| 19 May 2017 | 100103647 | The Jammu and Kashmir Bank Limited | ₹140 Cr | Satisfied | |
| 24 Mar 2010 | 10210937 | State Bank of Hyderabad | ₹75 Cr | Satisfied | |
| 24 Mar 2010 | 10215263 | State Bank of India | ₹100 Cr | Satisfied | |
| 21 Dec 2009 | 10197687 | State Bank of India | ₹107 Cr | Satisfied |
To see the full charge records of Nexusmalls Whitefield Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Nexusmalls Whitefield Private Limited has 14 deals on record (8 secondary share transfers, 3 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹138.51 Cr; the latest was in March 2021.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Acquisition | Undisclosed | Buyer: Blackstone Advisors India Seller: Prestige Retail Ventures Limited |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Prestige Retail Ventures Limited Seller: Prestige Estates Projects Limited , CMIDF Bangalore Forum Value Mall (SIngalore) Private Limited |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: Prestige Estates Projects Limited Seller: 3 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Prestige Estates Projects Limited , an individual Seller: 3 individuals |
| Sep 2008 | Secondary share transfer | Undisclosed | Buyer: Prestige Estates Projects Limited , 2 individuals Seller: 2 individuals |
To see the full deal history of Nexusmalls Whitefield 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
Nexusmalls Whitefield Private Limited has 11 court cases on record: 3 filed by Nexusmalls Whitefield, 8 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
| High courts | 4 | 2 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Genesis Colors Private Limited | Disposed |
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company | Pending |
| Supreme Court | Court case (0431-Indirect Taxes Matters : Service Tax) | Filed against the company by Commissioner of Service Tax Bangalore Service Tax 1, Ist to 5Th Floor, Timc Building Above BMTC Bus Stand Domlur ,Bangalore , Karnataka | Disposed |
| NCLT, Bengaluru | Company petition | Filed by the company | Disposed |
| High Court | Tax appeal | Filed against the company by Commissioner of Service Tax | Disposed |
To see the full case history of Nexusmalls Whitefield 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
Nexusmalls Whitefield 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 Nexusmalls Whitefield Private Limited, buy the company report.
MSME payment delays
Nexusmalls Whitefield Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 290 overdue payments to 54 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 54)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alert Commandos Private Limited | |||
| Secure Parking Solutions Private Limited | |||
| Peopable Networks Limited Liability Partnership | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Nexusmalls Whitefield Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nexusmalls Whitefield has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCP2091E1ZJ | Karnataka | Active | 01 Jul 2017 |
| 29AABCP2091E3ZH | Karnataka | Active | 01 Jul 2017 |
| 29AABCP2091E4ZG | Karnataka | Active | 28 Mar 2025 |
To see the full GST registrations and return filing status of Nexusmalls Whitefield Private Limited, buy the company report.
Recent activity
Nexusmalls Whitefield Private Limited has 23 board changes on record since 2009: 3 appointments and 20 cessations. The latest: Rohan Deepak Vaswani was appointed as Additional Director on 11 Dec 2024.
30 earlier events are in the company report.
News
Frequently asked questions
Nexusmalls Whitefield is an active private limited company based in Bangalore, Karnataka, India. The company works in mall and retail management, within the business services industry. It was incorporated on 15 April 1996 (30+ years old) and is registered under CIN U70100KA1996PTC020294.
Nexusmalls Whitefield has 3 current directors:
- Rohan Deepak Vaswani - Additional Director
- Jayen Ajit Naik - Nominee Director
- Nirzar Anil Kumar Umathe Jain - Nominee Director
The latest financial statements of Nexusmalls Whitefield on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nexusmalls Whitefield is 29AABCP2091E1ZJ, registered in Karnataka. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AABCP2091E3ZH (Karnataka), 29AABCP2091E4ZG (Karnataka).
The CIN (Corporate Identification Number) of Nexusmalls Whitefield is U70100KA1996PTC020294. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexusmalls Whitefield has 11 court cases on record: 3 filed by the company and 8 filed against it. 1 is pending. Most are in the district courts.
Nexusmalls Whitefield was incorporated on 15 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Bangalore.
Nexusmalls Whitefield has 14 deals on record (8 secondary share transfers, 3 convertible or debt financings, 2 funding rounds), with disclosed funding of ₹138.51 Cr; the latest was in March 2021.
The peers of Nexusmalls Whitefield by revenue are Safari Retreats Pvt Ltd, Nexus Shantiniketan Retail Private Limited, City Realty & Development Private Limited, Z-Square Shopping Mall Private Limited, City Centre Mall Nashik 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).
Rohan Deepak Vaswani was appointed as Additional Director on 11 Dec 2024. Jayen Ajit Naik ceased to be Additional Director on 11 Jul 2023. Nirzar Anil Kumar Umathe Jain ceased to be Additional Director on 11 Jul 2023. Nexusmalls Whitefield has 23 board changes on record in total.
Nexusmalls Whitefield has 12 MSME Form 1 returns on record between 2019 and 2023, listing 290 overdue payments to 54 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Nexusmalls Whitefield can be reached through the website nexusmalls.com. Its registered office is in Bangalore, Karnataka, India.
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