Nirman Associates Private Limited
About Nirman Associates Private Limited
Data last updated:
Nirman Associates Private Limited is a private limited company based in Delhi, India. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 24 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2020PTC370445. Its GSTIN is 04AAHCN2037L1ZI (Chandigarh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.23 Cr. It is led by directors Ramandeep Singh Chhabra and Jagjot Kaur Chhabra.
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 20/25 Ground Floor West Patel Nagar, Delhi, India – 110008.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,060.44 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹6 Cr (net margin 0.6%) and EBITDA of ₹14.54 Cr (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company has about 1,156 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹74 Cr and satisfied charges of ₹33 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Nirman Associates Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address20/25 Ground Floor West Patel Nagar, Delhi, India – 110008
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Nirman Associates 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 Nirman Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Nirman Associates Private Limited, buy the company report.
Financials of Nirman Associates Private Limited
FY 2025 filings availableNirman Associates Private Limited reported revenue of ₹1,060.44 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 4% growth in the latest year. EBITDA rose 18% 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 |
|---|---|---|---|---|---|
| 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 | ₹14.54 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Nirman Associates Private Limited, buy the company report.
Board of directors of Nirman Associates Private Limited
Nirman Associates has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramandeep Singh Chhabra Also directs: Aero Bizmark LLP, Kartar Logitech Private Limited | Director | 24 Sep 2020 | 6 Years 1 Months | Current |
| Jagjot Kaur Chhabra Also directs: Kartar Logitech Private Limited, Hopup Entertainments LLP | Director | 01 Jun 2021 | 5 Years 5 Months | Current |
Peer comparison
Nirman Associates Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vilcart Solutions Private Limited | ₹1,122.34 Cr (FY 2025) | 27.0% | Bangalore, Karnataka, India | |||
| Nirman Associates Private Limitedthis company | ₹1,060.44 Cr (FY 2025) | ₹6 Cr | 0.6% | 4.0% | 1,156 | Delhi, India |
| CP Wholesale India Private Limited | ₹1,023 Cr (FY 2025) | 12.0% | Delhi, India | |||
| Egunath Commtrade Private Limited | ₹830.04 Cr (FY 2022) | 0.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Nirman Associates Private Limited, buy the company report.
Auditor
Nirman Associates Private Limited is audited by D K M & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D K M & ASSOCIATES | FY 2023 | 035375N |
Shareholding
The shareholding of Nirman Associates Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nirman Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Apr 2024 | 100911568 | Axis Bank Limited | ₹45.5 Cr | Open | |
| 25 May 2021 | 100459494 | Others | ₹28.5 Cr | Open | |
| 10 Aug 2021 | 100476133 | Hdfc Bank Limited | ₹8 Cr | Satisfied | |
| 18 Jun 2021 | 100453186 | Citi Bank N.A. | ₹25 Cr | Satisfied |
To see the full charge records of Nirman Associates Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Nirman Associates Private Limited has 1 court case on record: 1 filed by Nirman Associates. All case is disposed.
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, Kamrup Metro, Assam | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Nirman Associates 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.
Credit ratings & regulatory alerts
Nirman Associates Private Limited was last rated by Care on 06 Jan 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Jan 2023 |
To see the full credit ratings and regulatory alerts of Nirman Associates Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nirman Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nirman Associates Private Limited has a workforce of 1,156 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Nirman Associates has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAHCN2037L1ZI | Chandigarh | Active | 05 Feb 2021 |
| 02AAHCN2037L1ZM | Himachal Pradesh | Active | 07 Feb 2021 |
| 06AAHCN2037L1ZE | Haryana | Active | 12 Feb 2021 |
To see the full GST registrations and return filing status of Nirman Associates Private Limited, buy the company report.
Recent activity
Nirman Associates Private Limited has 4 board changes on record since 2020: 3 appointments and 1 cessation. The latest: Ajit Singh Chhabra ceased to be Director on 18 Jun 2021.
4 earlier events are in the company report.
Frequently asked questions
Nirman Associates is an active private limited company based in Delhi, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 24 September 2020 (6+ years old) and is registered under CIN U51909DL2020PTC370445.
Nirman Associates has 2 current directors:
- Ramandeep Singh Chhabra - Director
- Jagjot Kaur Chhabra - Director
The latest financial statements of Nirman Associates 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 FY 2021 are in the company report.
The GSTIN of Nirman Associates is 04AAHCN2037L1ZI, registered in Chandigarh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 02AAHCN2037L1ZM (Himachal Pradesh), 06AAHCN2037L1ZE (Haryana).
The CIN (Corporate Identification Number) of Nirman Associates is U51909DL2020PTC370445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirman Associates has 1 court case on record: 1 filed by the company.
Nirman Associates was incorporated on 24 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Nirman Associates by revenue are Vilcart Solutions Private Limited, CP Wholesale India Private Limited, Egunath Commtrade Private Limited, all in the Consumer Services industry (Hypermarkets), with the same principal business activity (wholesale trading).
Ajit Singh Chhabra ceased to be Director on 18 Jun 2021. Jagjot Kaur Chhabra was appointed as Director on 01 Jun 2021. Ajit Singh Chhabra was appointed as Director on 24 Sep 2020. Nirman Associates has 4 board changes on record in total.
The registered office of Nirman Associates is at 2025 Ground Floor West Patel Nagar, Delhi, India – 110008.
Nirman Associates operates in the consumer services industry, in the hypermarkets and large retail chains segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
