Nimi Developers Private Limited
About Nimi Developers Private Limited
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Nimi Developers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 04 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70200DL2009PTC195717. Its GSTIN is 07AANCS6273P1ZF (Delhi). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹98.1 Lakh. It was formerly known as Satya Procon Private Limited. It is led by directors Vindhyachal Kumar Vinay and Vikas Kumar.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. – 10 Man Vihar Qutab Vihar – 1 No. Najafgarh, New Delhi, Delhi, India – 110071.
As per the financials filed for FY 2023, the company reported a revenue of ₹18.55 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.99 Lakh (net margin 0.8%) and EBITDA of ₹50.41 Lakh (EBITDA margin 2.7%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
As per MCA filings, the company has open charges of ₹51.42 Lakh on record. Court records list 27 cases involving the company, including 9 filed by the company and 18 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nimi Developers Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. – 10 Man Vihar Qutab Vihar – 1 No. Najafgarh, New Delhi, Delhi, India – 110071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nimi Developers 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 Nimi Developers is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Nimi Developers Private Limited, buy the company report.
Financials of Nimi Developers Private Limited
FY 2023 filings availableNimi Developers Private Limited reported revenue of ₹18.55 Cr (up 748% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 45% over three years, including 748% growth in the latest year. EBITDA rose 42% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹50.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.99 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.7% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nimi Developers Private Limited, buy the company report.
Board of directors of Nimi Developers Private Limited
Nimi Developers 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 |
|---|---|---|---|---|
| Vindhyachal Kumar Vinay Also directs: Vindhya Heights LLP, Vishal Infracon Solutions Private Limited, Nimi Infrastructures Private Limited and 1 more | Director | 31 Dec 2014 | 11 Years 9 Months | Current |
| Vikas Kumar Also directs: Silvara Sanctum Private Limited, Nimi Constructions Private Limited, Naveenta Initiatives Private Limited and 1 more | Additional Director | 12 Feb 2024 | 2 Years 8 Months | Current |
Auditor
Nimi Developers Private Limited is audited by Santosh Jha & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Santosh Jha & Co. | FY 2023 | 329365E |
Shareholding
The shareholding of Nimi Developers 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 Nimi Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2020 | 100416205 | Hdfc Bank Limited | ₹28.95 Lakh | Open | |
| 30 Jun 2020 | 100354346 | Others | ₹22.47 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Nimi Developers Private Limited has 27 court cases on record: 9 filed by Nimi Developers, 18 filed against it. 6 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 18 | 6 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ranchi, Jharkhand | Criminal complaint | Filed against the company by M/S Adharshila Structures Pvt. Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed by the company against an individual | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Civil suit | Filed by the company against Up State by Collector and 5 others | Pending |
| District court, Patna, Bihar | Court case (Cr. Case Complaint (P)) | Filed against the company by an individual | Pending |
To see the full case history of Nimi Developers 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nimi Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nimi Developers has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AANCS6273P1ZF | Delhi | Active | 01 Jul 2017 |
| 20AANCS6273P1ZR | Jharkhand | Active | 23 Apr 2019 |
To see the full GST registrations and return filing status of Nimi Developers Private Limited, buy the company report.
Recent activity
Nimi Developers Private Limited has 8 board changes on record since 2009: 5 appointments and 3 cessations. The latest: Arvind Kumar Singh ceased to be Director on 12 Feb 2024.
1 earlier event is in the company report.
Frequently asked questions
Nimi Developers is an active private limited company based in New Delhi, Delhi, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 04 November 2009 (17+ years old) and is registered under CIN U70200DL2009PTC195717.
Nimi Developers has 2 current directors:
- Vindhyachal Kumar Vinay - Director
- Vikas Kumar - Additional Director
The latest financial statements of Nimi Developers on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Nimi Developers is 07AANCS6273P1ZF, registered in Delhi. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 20AANCS6273P1ZR (Jharkhand).
The CIN (Corporate Identification Number) of Nimi Developers is U70200DL2009PTC195717. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nimi Developers has 27 court cases on record: 9 filed by the company and 18 filed against it. 6 are pending. Most are in the district courts.
Nimi Developers was incorporated on 04 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Delhi.
Arvind Kumar Singh ceased to be Director on 12 Feb 2024. Vikas Kumar was appointed as Additional Director on 12 Feb 2024. Kiran Devi ceased to be Director on 20 Jan 2021. Nimi Developers has 8 board changes on record in total.
The registered office of Nimi Developers is at Plot No. – 10 Man Vihar Qutab Vihar – 1 No. Najafgarh, New Delhi, Delhi, India – 110071.
Nimi Developers operates in the real estate and construction industry, in the real estate builders and developers segment.