
About Nidhaan Infracon Private Limited
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Nidhaan Infracon Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 28 November 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2001PTC134056. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Ajab Real Estate Company Private Limited. It is led by directors including Vasant Ravji Shah and Bhavna Jagat Shah.
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 301 Nidhaan House Tejpal Scheme Road – 2 Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.64 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.62 Cr (net margin 71.9%) and EBITDA of ₹3.4 Cr (EBITDA margin 93.6%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years and 39% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.9 Cr and satisfied charges of ₹29.35 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 nidhaangroup.com.
Company details
Contact details
Nidhaan Infracon Private Limited's registered office is in Mumbai, Maharashtra. Its website is nidhaangroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 Nidhaan House Tejpal Scheme Road – 2 Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Nidhaan Infracon 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 Nidhaan Infracon is construction. In detail, this covers specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 43 | Specialized construction activities |
To see the full business activity and turnover split of Nidhaan Infracon Private Limited, buy the company report.
Financials of Nidhaan Infracon Private Limited
FY 2024 filings availableNidhaan Infracon Private Limited reported revenue of ₹3.64 Cr (up 238% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 238% growth in the latest year. EBITDA rose 267% 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 | ₹3.4 Cr | ||||
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| Net Profit (PAT) | ₹2.62 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 | 93.6% | ||||
| Net Profit Margin | 71.9% | ||||
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To see the full financial statements and ratios of Nidhaan Infracon Private Limited, buy the company report.
Board of directors of Nidhaan Infracon Private Limited
Nidhaan Infracon has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasant Ravji Shah | Director | 28 Nov 2001 | 24 Years 11 Months | Current |
| Bhavna Jagat Shah | Director | 28 Nov 2001 | 24 Years 11 Months | Current |
| Jagat Vasant Shah | Director | 28 Nov 2001 | 24 Years 11 Months | Current |
Auditor
Nidhaan Infracon Private Limited is audited by D. L. Vora & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. L. Vora & Associates | FY 2023 | 033766 |
Shareholding
The shareholding of Nidhaan Infracon 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 Nidhaan Infracon Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2024 | 100967216 | State Bank of India | ₹9.4 Cr | Open | |
| 04 Oct 2023 | 100801979 | Others | ₹2.5 Cr | Open | |
| 28 Mar 2019 | 100262211 | State Bank of India | ₹23.35 Cr | Satisfied | |
| 05 Dec 2015 | 10609480 | State Bank of India | ₹6 Cr | Satisfied |
To see the full charge records of Nidhaan Infracon Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Nidhaan Infracon 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 Nidhaan Infracon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nidhaan Infracon Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 | |
| FY 2015-16 | |
| FY 2014-15 |
To see the full employee and EPFO history of Nidhaan Infracon Private Limited, buy the company report.
GST
Nidhaan Infracon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nidhaan Infracon Private Limited, buy the company report.
Recent activity
Nidhaan Infracon Private Limited has 6 board changes on record since 2001: 3 appointments and 3 cessations. The latest: Mohanlal Mulji Shah ceased to be Director on 20 Feb 2023.
4 earlier events are in the company report.
Frequently asked questions
Nidhaan Infracon is an active private limited company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 28 November 2001 (25+ years old) and is registered under CIN U70100MH2001PTC134056.
Nidhaan Infracon has 3 current directors:
- Vasant Ravji Shah - Director
- Bhavna Jagat Shah - Director
- Jagat Vasant Shah - Director
The latest financial statements of Nidhaan Infracon 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.
No. Nidhaan Infracon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nidhaan Infracon is U70100MH2001PTC134056. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nidhaan Infracon was incorporated on 28 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Mohanlal Mulji Shah ceased to be Director on 20 Feb 2023. Navin Mulji Shah ceased to be Additional Director on 30 Sep 2019. Sandeep Shrikrishna Vichare ceased to be Director on 18 Aug 2011. Nidhaan Infracon has 6 board changes on record in total.
Nidhaan Infracon can be reached through the website nidhaangroup.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nidhaan Infracon is at 301 Nidhaan House Tejpal Scheme Road – 2 Vile Parle East, Mumbai, Maharashtra, India – 400057.
Nidhaan Infracon operates in the infrastructure and utilities industry, in the general construction services segment.

