Nirav Developers Private Limited
About Nirav Developers Private Limited
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Nirav Developers 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 20 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1994PTC083930. Its GSTIN is 27AABCN2139D1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Fatehali Abdulrahim Patel and Kirtikumar Talakchand Shah.
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 – 5 Nutan Nagar Gurunanak Marg Bandra (West), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.65 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net profit of ₹11.11 Lakh (net margin 47%) and EBITDA of ₹11.66 Lakh (EBITDA margin 49.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 17% over five years.
As per MCA filings, the company has open charges of ₹22.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nirav Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD – 5 Nutan Nagar Gurunanak Marg Bandra (West), Mumbai, Maharashtra, India – 400050
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nirav 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 Nirav Developers is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
Financials of Nirav Developers Private Limited
FY 2025 filings availableNirav Developers Private Limited reported revenue of ₹23.65 Lakh (down 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 52% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 73% 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 | ₹11.66 Lakh | ||||
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| Net Profit (PAT) | ₹11.11 Lakh | ||||
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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 | 49.3% | ||||
| Net Profit Margin | 47% | ||||
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To see the full financial statements and ratios of Nirav Developers Private Limited, buy the company report.
Board of directors of Nirav Developers Private Limited
Nirav Developers has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Fatehali Abdulrahim Patel Also directs: Nicon Infra LLP, Veer Highlands LLP | Director | 20 Dec 1994 | 31 Years 10 Months | Current |
| Kirtikumar Talakchand Shah Also directs: Nicon Infra LLP, Veer Highlands LLP | Director | 20 Dec 1994 | 31 Years 10 Months | Current |
| Roshan Patel Fatehli Also directs: Nicon Infra LLP | Director | 25 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Nirav Developers Private Limited is audited by GANESH & RAJENDRA ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GANESH & RAJENDRA ASSOCIATES | FY 2023 | 103055W |
Shareholding
The shareholding of Nirav 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 Nirav Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Dec 2021 | 100517780 | Others | ₹17.95 Cr | Open | |
| 27 Feb 2020 | 100343693 | Others | ₹5 Cr | Open |
To see the full charge records of Nirav Developers Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Nirav Developers 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 Nirav Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirav Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN2139D1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirav Developers Private Limited, buy the company report.
Recent activity
Nirav Developers Private Limited has 3 board changes on record since 1994: 3 appointments. The latest: Roshan Patel Fatehli was appointed as Director on 25 Mar 2015.
Frequently asked questions
Nirav Developers 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 20 December 1994 (32+ years old) and is registered under CIN U45200MH1994PTC083930.
Nirav Developers has 3 current directors:
- Fatehali Abdulrahim Patel - Director
- Kirtikumar Talakchand Shah - Director
- Roshan Patel Fatehli - Director
The latest financial statements of Nirav Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nirav Developers is 27AABCN2139D1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nirav Developers is U45200MH1994PTC083930. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirav Developers was incorporated on 20 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Roshan Patel Fatehli was appointed as Director on 25 Mar 2015. Fatehali Abdulrahim Patel was appointed as Director on 20 Dec 1994. Kirtikumar Talakchand Shah was appointed as Director on 20 Dec 1994.
The registered office of Nirav Developers is at D – 5 Nutan Nagar Gurunanak Marg Bandra West, Mumbai, Maharashtra, India – 400050.
Nirav Developers operates in the real estate and construction industry, in the real estate builders and developers segment.
Nirav Developers has open charges of ₹22.95 Cr and no satisfied charges on record as per latest MCA filings.
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