
About Nexzone Utilities Private Limited
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Nexzone Utilities 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 31 July 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40102MH2007PTC172748. Its GSTIN is 27AACCN6631P1ZZ (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kaivalya Chetan Shah and Samyag Mayur Shah.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2022, the company reported a revenue of ₹93.34 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.71 Lakh (net margin -4%) and EBITDA of ₹9.37 Lakh (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 256% over three years and 10% over five years.
As per MCA filings, the company has satisfied charges of ₹1.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website marathon.in.
Company details
Contact details
Nexzone Utilities Private Limited's registered office is in Mumbai, Maharashtra. Its website is marathon.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address702 Marathon Max Junction Of Mulund – Goregaon Link Road M, Ulund (W), Mumbai, Maharashtra, India – 400080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nexzone Utilities 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 Nexzone Utilities 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 |
Financials of Nexzone Utilities Private Limited
FY 2025 filings availableNexzone Utilities Private Limited reported revenue of ₹93.34 Lakh (up 8551% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Revenue | ₹93.34 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | ₹9.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.71 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | ||||
| Net Profit Margin | -4% | ||||
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To see the full financial statements and ratios of Nexzone Utilities Private Limited, buy the company report.
Board of directors of Nexzone Utilities Private Limited
Nexzone Utilities 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 |
|---|---|---|---|---|
| Kaivalya Chetan Shah | Director | 18 Nov 2022 | 3 Years 11 Months | Current |
| Samyag Mayur Shah | Director | 01 Jan 2016 | 10 Years 10 Months | Current |
Auditor
Nexzone Utilities Private Limited is audited by DINESH PAI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DINESH PAI & CO | FY 2022 | 102608W |
Shareholding
The shareholding of Nexzone Utilities Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nexzone Utilities Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2013 | 10444570 | Icici Bank Limited | ₹1.74 Cr | Satisfied |
To see the full charge records of Nexzone Utilities Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nexzone Utilities Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nexzone Utilities Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nexzone Utilities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6631P1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexzone Utilities Private Limited, buy the company report.
Recent activity
Nexzone Utilities Private Limited has 8 board changes on record since 2007: 5 appointments and 3 cessations. The latest: Chetan Ramniklal Shah ceased to be Director on 18 Nov 2022.
1 earlier event is in the company report.
News
Frequently asked questions
Nexzone Utilities 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 31 July 2007 (19+ years old) and is registered under CIN U40102MH2007PTC172748.
Nexzone Utilities has 2 current directors:
- Kaivalya Chetan Shah - Director
- Samyag Mayur Shah - Director
The latest financial statements of Nexzone Utilities on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nexzone Utilities is 27AACCN6631P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nexzone Utilities is U40102MH2007PTC172748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexzone Utilities was incorporated on 31 July 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Chetan Ramniklal Shah ceased to be Director on 18 Nov 2022. Kaivalya Chetan Shah was appointed as Director on 18 Nov 2022. Samyag Mayur Shah was appointed as Director on 01 Jan 2016. Nexzone Utilities has 8 board changes on record in total.
Nexzone Utilities can be reached through the website marathon.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nexzone Utilities is at 702 Marathon Max Junction Of Mulund – Goregaon Link Road M, Ulund W, Mumbai, Maharashtra, India – 400080.
Nexzone Utilities operates in the real estate and construction industry, in the real estate builders and developers segment.

