About Nirmal Lifestyle Developers Private Limited
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Nirmal Lifestyle Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Nirmal Lifestyle Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 27 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2008PTC180540. Its GSTIN is 27AACCN7366D1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Rajeev Ramesh Jain and Dharmesh Sardarmal Jain.
Its last annual general meeting (AGM) was held on 24 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Nirmal Lifestyle L B S Marg Mulund (West), Mumbai, Maharashtra, India – 400080.
As per the financials filed for FY 2019, the company reported a revenue of ₹65,716. For the same year it recorded a net loss of ₹930 (net margin -1.4%) and EBITDA of ₹89.89 Cr.
The company is associated with 1 brand: Nirmal Lifestyle. As per MCA filings, the company has open charges of ₹1,432 Cr and satisfied charges of ₹297 Cr on record. Court records list 17 cases involving the company, including 2 filed by the company and 15 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nirmallifestyle.com.
Company details
Contact details
Nirmal Lifestyle Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is nirmallifestyle.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNirmal Lifestyle L B S Marg Mulund (West), Mumbai, Maharashtra, India – 400080
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nirmal Lifestyle 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
Brands
Nirmal Lifestyle Developers operates one associated brand: Nirmal Lifestyle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of residential & commercial properties | nirmallifestyle.com |
Business activity
The main business activity of Nirmal Lifestyle Developers is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Nirmal Lifestyle Developers Private Limited
FY 2019 filings availableNirmal Lifestyle Developers Private Limited reported revenue of ₹65,716 for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹65,716 | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹89.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹930 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | -1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nirmal Lifestyle Developers Private Limited, buy the company report.
Board of directors of Nirmal Lifestyle Developers Private Limited
Nirmal Lifestyle Developers 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 |
|---|---|---|---|---|
| Rajeev Ramesh Jain Also directs: Arahnath Construction LLP, Simandhar Construction LLP, Nirmal Heritage Private Limited and 5 more | Director | 01 May 2017 | 9 Years 5 Months | Current |
| Dharmesh Sardarmal Jain Also directs: Arahnath Construction LLP, Simandhar Construction LLP, Nirmal Infrastructure Private Limited and 5 more | Director | 01 May 2017 | 9 Years 5 Months | Current |
| Chandrakant Hiralal Shah Also directs: Nirmal Heritage Private Limited, Sujyoti Developers Private Limited, Nirmal Lifestyle (Pune) Private Limited and 5 more | Director | 24 Aug 2013 | 13 Years 2 Months | Current |
Auditor
Nirmal Lifestyle Developers Private Limited is audited by SWAMY & CHHABRA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SWAMY & CHHABRA | FY 2019 | 113036W |
Shareholding
The shareholding of Nirmal Lifestyle Developers Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nirmal Lifestyle Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Feb 2022 | 100546625 | Idbi Trusteeship Services Limited | ₹442 Cr | Open | |
| 11 Oct 2019 | 100305383 | Idbi Trusteeship Services Limited | ₹310 Cr | Open | |
| 31 Jul 2017 | 100115204 | Idbi Trusteeship Services Limited | ₹680 Cr | Open | |
| 22 May 2014 | 10536367 | Idbi Trusteeship Services Limited | ₹297 Cr | Satisfied |
To see the full charge records of Nirmal Lifestyle Developers Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Nirmal Lifestyle Developers Private Limited has 17 court cases on record: 2 filed by Nirmal Lifestyle Developers, 15 filed against it. 9 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 12 | 6 |
| High courts | 5 | 3 | 3 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Phoenix Arc Private Limited | Disposed |
| Bombay High Court | Company petition | Filed against the company by Idbi Trusteeship Services Ltd | Disposed |
| Bombay High Court | Appeal | Filed against the company by Idbi Trusteeship Services Ltd | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashra Through Housing Department | Pending |
To see the full case history of Nirmal Lifestyle 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 Nirmal Lifestyle Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirmal Lifestyle Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN7366D1ZE | Maharashtra | Active | 15 Jul 2017 |
To see the full GST registrations and return filing status of Nirmal Lifestyle Developers Private Limited, buy the company report.
Recent activity
Nirmal Lifestyle Developers Private Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Rajeev Ramesh Jain ceased to be Additional Director on 29 Sep 2017.
9 earlier events are in the company report.
News
Frequently asked questions
Nirmal Lifestyle 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 27 March 2008 (18+ years old) and is registered under CIN U45200MH2008PTC180540.
Nirmal Lifestyle Developers has 3 current directors:
- Rajeev Ramesh Jain - Director
- Dharmesh Sardarmal Jain - Director
- Chandrakant Hiralal Shah - Director
The latest financial statements of Nirmal Lifestyle Developers on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 24 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Nirmal Lifestyle Developers is 27AACCN7366D1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nirmal Lifestyle Developers is U45200MH2008PTC180540. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmal Lifestyle Developers has 17 court cases on record: 2 filed by the company and 15 filed against it. 9 are pending. Most are in the district courts.
Nirmal Lifestyle Developers was incorporated on 27 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajeev Ramesh Jain ceased to be Additional Director on 29 Sep 2017. Dharmesh Sardarmal Jain was appointed as Director on 01 May 2017. Neelam Chandrakant Shah ceased to be Director on 01 May 2017. Nirmal Lifestyle Developers has 10 board changes on record in total.
Nirmal Lifestyle Developers can be reached through the website nirmallifestyle.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Nirmal Lifestyle Developers is at Nirmal Lifestyle L B S Marg Mulund West, Mumbai, Maharashtra, India – 400080.