Nigrah Developers Private Limited
About Nigrah Developers Private Limited
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Nigrah Developers Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the real estate leasing and property management segment of the real estate sector. It was incorporated on 14 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U45200UP2007PTC032864.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹11.18 Lakh. It is led by directors Chhaya Rathi and Shreya Rathi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 354 Shastri Nagar, Meerut, Uttar Pradesh, India – 250004.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.59 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹1.97 Cr and EBITDA of -₹1.97 Cr. Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹2.44 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 4 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressD – 354 Shastri Nagar, Meerut, Uttar Pradesh, India – 250004
- IndustryReal Estate, Real Estate Leasing
- 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
Financials of Nigrah Developers Private Limited FY 2025 filings available
Nigrah Developers Private Limited reported revenue of ₹32.59 Lakh (down 78% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nigrah Developers Private Limited
Revenue fell 78% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. 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 Nigrah Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.97 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.97 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 Nigrah Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Nigrah Developers 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.
Board of Directors of Nigrah Developers Private Limited
Nigrah Developers has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chhaya Rathi | Director | 23 Jan 2013 | 13 Years 8 Months | Current |
| Shreya Rathi | Director | 24 Feb 2024 | 2 Years 7 Months | Current |
Peer Comparison of Nigrah Developers Private Limited
Nigrah Developers Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Real Estate Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sinokol Property Holdings Private Limited | ₹32.64 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Kolkata, West Bengal, India |
| SJS Supply Chain Private Limited | ₹32.63 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Chennai, Tamil Nadu, India |
| Sahi Realty Private Limited | ₹32.63 Lakh (FY 2020) | •••• | •••• | 87.0% | •••• | Mumbai, Maharashtra, India |
| DPSP Udyog Private Limited | ₹32.63 Lakh (FY 2025) | •••• | •••• | 8.0% | •••• | Durgapur, West Bengal, India |
| Khatri Buildmart Private Limited | ₹32.61 Lakh (FY 2023) | •••• | •••• | 81.0% | •••• | Ajmer, Rajasthan, India |
| Nigrah Developers Private Limited this company | ₹32.59 Lakh (FY 2024) | •••• | •••• | -78.0% | •••• | Meerut, Uttar Pradesh, India |
| Vikas Mineral Foods Private Limited | ₹32.52 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Chandigarh, India |
| Laa-Amar Enterprises Private Limited | ₹32.5 Lakh (FY 2024) | •••• | •••• | 3918.0% | •••• | Mumbai, Maharashtra, India |
| Jet Developers Private Limited | ₹32.5 Lakh (FY 2024) | •••• | •••• | •••• | New Rajender Nagar, Delhi, India | |
| RPN Constructions Private Limited | ₹32.5 Lakh (FY 2023) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Amita Furniture Private Limited | ₹32.47 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Nigrah Developers by revenue in the BFSI industry (Real Estate Leasing), 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 Nigrah Developers Private Limited
Nigrah Developers Private Limited is audited by JAIN RAJEEV AND ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN RAJEEV AND 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.
Ownership and Shareholding of Nigrah 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 Nigrah Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2016 | Others | ₹2.25 Cr | Open |
| 19 Oct 2012 | Punjab National Bank | ₹4 Lakh | Open |
| 30 May 2012 | Punjab National Bank | ₹15 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Nigrah Developers Private Limited
Nigrah Developers Private Limited has 4 court cases on record: 4 filed by Nigrah Developers. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 3 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Muzaffarnagar, Uttar Pradesh | Civil suit | Filed by the company against an individual | Pending |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against State of U.P. and 3 Others | Pending |
Full case history
All 4 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 Nigrah Developers Private Limited
Nigrah Developers Private Limited has a workforce of 0 employees as of Mar 31, 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.
Recent Activity on Nigrah Developers Private Limited
Nigrah Developers Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Chhaya Rathi ceased to be Additional Director on 29 Feb 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nigrah 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 Nigrah 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 Nigrah 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 Nigrah Developers Private Limited
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 Nigrah 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 Nigrah Developers Private Limited
Nigrah Developers is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in real estate leasing, within the real estate industry. It was incorporated on 14 February 2007 (19+ years old) and is registered under CIN U45200UP2007PTC032864.
Nigrah Developers reported revenue of ₹32.59 Lakh for FY 2024 (down 78% YoY).
Nigrah Developers has 2 current directors:
- Chhaya Rathi - Director
- Shreya Rathi - Director
Nigrah Developers reported a net loss of ₹1.97 Cr and EBITDA of -₹1.97 Cr for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nigrah Developers is 4% over three years and 17% over five years. In the latest year (FY 2024) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Nigrah Developers is U45200UP2007PTC032864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nigrah Developers has 4 court cases on record: 4 filed by the company. 4 are pending. Most are in the high courts.
Nigrah Developers was incorporated on 14 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
The peers of Nigrah Developers by revenue are Sinokol Property Holdings Private Limited, SJS Supply Chain Private Limited, Sahi Realty Private Limited, DPSP Udyog Private Limited, Khatri Buildmart Private Limited and 5 more, all in the BFSI industry (Real Estate Leasing).
Chhaya Rathi ceased to be Additional Director on 29 Feb 2024. Shreya Rathi was appointed as Director on 24 Feb 2024. Sanjay Veer Singh ceased to be Director on 15 Mar 2018. Nigrah Developers has 10 board changes on record in total.
The registered office of Nigrah Developers is at D – 354 Shastri Nagar, Meerut, Uttar Pradesh, India – 250004.