
About Nirbhay Infracon Private Limited
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Nirbhay Infracon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U70109GJ2013PTC077645. Its GSTIN is 24AAECN6596M1ZT (Gujarat).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.1 Lakh. It is led by directors including Murti Bharat Shah and Bharatbhai Kanchanlal 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 201 Maruti Crystal Opp. Rajpath Club S.G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.49 Lakh, a growth of 84% compared to the previous year. For the same year it recorded a net profit of ₹28.46 Lakh (net margin 70.3%) and EBITDA of ₹49.3 Lakh (EBITDA margin 121.7%). Revenue has grown at a compounded annual rate (CAGR) of 216% over three years.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirbhaycapital.com.
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- Registered Address201 Maruti Crystal Opp. Rajpath Club S.G. Highway Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
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Financials of Nirbhay Infracon Private Limited FY 2025 filings available
Nirbhay Infracon Private Limited reported revenue of ₹40.49 Lakh (up 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nirbhay Infracon Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 216% over three years, including 84% growth in the latest year. EBITDA rose 160% 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 of Nirbhay Infracon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹49.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹28.46 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nirbhay Infracon Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 121.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 70.3% | •••• | •••• | •••• | •••• |
| 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 Nirbhay Infracon 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.
Peer Comparison of Nirbhay Infracon Private Limited
Nirbhay Infracon Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarvottam Realcon Private Limited | ₹40.51 Lakh (FY 2016) | •••• | •••• | 31.0% | •••• | New Delhi, Delhi, India |
| NC Realty Private Limited | ₹40.5 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Moriya Builders and Developers Private Limited | ₹40.5 Lakh (FY 2016) | •••• | •••• | 575.0% | •••• | Bangalore, Karnataka, India |
| Dream Home Developers Private Limited | ₹40.5 Lakh (FY 2025) | •••• | •••• | 3502.0% | •••• | New Delhi, Delhi, India |
| Apb Builders Pvt Ltd | ₹40.49 Lakh (FY 2017) | •••• | •••• | 18.0% | •••• | Guwahati, Assam, India |
| Nirbhay Infracon Private Limited this company | ₹40.49 Lakh (FY 2025) | •••• | •••• | 84.0% | •••• | Ahmedabad, Gujarat, India |
| Amravati Mercantile Private Limited | ₹40.49 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Kolkata, West Bengal, India |
| Shree Sai Shelters Private Limited | ₹40.49 Lakh (FY 2023) | •••• | •••• | 488.0% | •••• | Mumbai, Maharashtra, India |
| Tetra Grand Constructions Private Limited | ₹40.47 Lakh (FY 2024) | •••• | •••• | -47.0% | •••• | Kakinada, Andhra Pradesh, India |
| Mount Ridge Private Limited | ₹40.46 Lakh (FY 2025) | •••• | •••• | 32.0% | •••• | Shillong, Meghalaya, India |
| Maneswari Trading Company (A Private Company) | ₹40.46 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Nirbhay Infracon by revenue in the Real Estate industry (Builders and Developers), 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 Nirbhay Infracon Private Limited
Nirbhay Infracon Private Limited is audited by ASIM RAVINDRA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASIM RAVINDRA & 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.
Board of Directors of Nirbhay Infracon Private Limited
Nirbhay Infracon has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Murti Bharat Shah Also directs: Nirbhay Global LLP, Kuvar Infrastructures Private Limited | Director | 21 Nov 2024 | 1 Years 10 Months | Current |
| Bharatbhai Kanchanlal Shah Also directs: Westcoarse Chemicals Private Limited, Nirbhay Developers Private Limited, Nirbhay Asset Management Private Limited and 5 more | Director | 27 Nov 2013 | 12 Years 10 Months | Current |
| Maltiben Bharatbhai Shah Also directs: Nirbhay Capital Services Private Limited, Nirbhay Procon Private Limited, Nirbhay Consultants Private Limited and 2 more | Additional Director | 29 Jan 2026 | 0 Years 8 Months | Current |
Ownership and Shareholding of Nirbhay Infracon 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 Nirbhay Infracon Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2025 | Others | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Nirbhay Infracon Private Limited
Nirbhay Infracon Private Limited has 1 court case on record: 1 filed by Nirbhay Infracon. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against an individual | Disposed |
Full case history
All 1 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 Nirbhay Infracon Private Limited
Employment history and EPFO contributions of people linked to Nirbhay Infracon.
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 Nirbhay Infracon Private Limited
Nirbhay Infracon Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Maltiben Bharatbhai Shah was appointed as Additional Director on 29 Jan 2026.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nirbhay Infracon 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 Nirbhay Infracon 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
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Subsidiaries & Group Companies of Nirbhay Infracon 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 Nirbhay Infracon Private Limited
Nirbhay Infracon has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECN6596M1ZT | Gujarat | Active | 21 Dec 2021 |
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 Nirbhay Infracon 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 Nirbhay Infracon Private Limited
Nirbhay Infracon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 27 November 2013 (13+ years old) and is registered under CIN U70109GJ2013PTC077645.
Nirbhay Infracon reported revenue of ₹40.49 Lakh for FY 2025 (up 84% YoY).
Nirbhay Infracon has 3 current directors:
- Murti Bharat Shah - Director
- Bharatbhai Kanchanlal Shah - Director
- Maltiben Bharatbhai Shah - Additional Director
Nirbhay Infracon reported a net profit of ₹28.46 Lakh (net margin 70.3%) and EBITDA of ₹49.3 Lakh (EBITDA margin 121.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nirbhay Infracon is 216% over three years. In the latest year (FY 2025) revenue rose 84%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nirbhay Infracon is 24AAECN6596M1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Nirbhay Infracon is U70109GJ2013PTC077645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirbhay Infracon has 1 court case on record: 1 filed by the company.
Nirbhay Infracon was incorporated on 27 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Nirbhay Infracon by revenue are Sarvottam Realcon Private Limited, NC Realty Private Limited, Moriya Builders and Developers Private Limited, Dream Home Developers Private Limited, Apb Builders Pvt Ltd and 5 more, all in the Real Estate industry (Builders and Developers).
Maltiben Bharatbhai Shah was appointed as Additional Director on 29 Jan 2026. Murti Bharat Shah ceased to be Additional Director on 02 Mar 2025. Maltiben Bharatbhai Shah ceased to be Director on 09 Jan 2025. Nirbhay Infracon has 10 board changes on record in total.