MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-23-0109780
Nirman Estate Developers Private Limited
Nirman Estate Developers Private Limited - real estate and construction in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹11.16 Cr
▲ 130% YoY
Net profit · FY 2024
₹4.43 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹2.37 Cr
EBITDA margin 21.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.2 Cr
Issued & subscribed
Open charges
₹3.01 Cr
Satisfied ₹69.72 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
31
Provident fund records
About Nirman Estate Developers Private Limited
Data last updated:
Nirman Estate Developers Private Limited is a private limited company based in Nashik, Maharashtra, India, a subsidiary of Nashik Infrastructure Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 October 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH1990PTC058597. Its GSTIN is 27AAACN6202A1Z5 (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.2 Cr. It is led by directors including Vipul Nemichand Poddar and Hitesh Nemichand Poddar.
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 Nirman House L. P. Poddar Marg College Road, Nashik, Maharashtra, India – 422005.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.16 Cr, a growth of 130% compared to the previous year. For the same year it recorded a net profit of ₹4.43 Lakh (net margin 0.4%) and EBITDA of ₹2.37 Cr (EBITDA margin 21.2%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 4% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.01 Cr and satisfied charges of ₹69.72 Cr on record. Court records list 16 cases involving the company, including 12 filed by the company and 4 filed against it; 6 cases are pending.
Nirman Estate Developers Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-23-0109780). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U70100MH1990PTC058597
Registration Number 058597
Incorporation Date 17 October 1990
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nashik Infrastructure Developers Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-23-0109780
Key People
Vipul Nemichand Poddar Director Hitesh Nemichand Poddar Director Mahendra Nemichand Poddar Additional Director Recognitions & Rankings of Nirman Estate Developers
Contact details
Nirman Estate Developers Private Limited's registered office is in Nashik, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNirman House L. P. Poddar Marg College Road, Nashik, Maharashtra, India – 422005
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nirman Estate Developers Private Limited, buy the company report.
Comprehensive company report
Nirman Estate Developers Private Limited - one report that includes everything
- 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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Business activity
The main business activity of Nirman Estate Developers is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Nirman Estate Developers Private Limited, buy the company report.
Financials of Nirman Estate Developers Private Limited
FY 2025 filings availableNirman Estate Developers Private Limited reported revenue of ₹11.16 Cr (up 130% YoY) for FY 2024.
Revenue · FY 2024
₹11.16 Cr ▲ 130%
Net profit · FY 2024
₹4.43 Lakh margin 0.4%
EBITDA · FY 2024
₹2.37 Cr margin 21.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 130%
3 years · compounded
▼ 18%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▲ 645%
3 years · compounded
▲ 15%
5 years · compounded
▲ 27%
Revenue rose 130% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 645% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹2.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.43 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.2% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nirman Estate Developers Private Limited, buy the company report.
Board of directors of Nirman Estate Developers Private Limited
Nirman Estate Developers has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipul Nemichand Poddar Also directs: Nav Vihar Developers Private Limited, Navnit Land Developers Private Limited, Navratna Lands and Estates Private Limited and 4 more | Director | 25 Mar 1994 | 32 Years 6 Months | Current |
| Hitesh Nemichand Poddar | Director | 12 Jun 2017 | 9 Years 4 Months | Current |
| Mahendra Nemichand Poddar | Additional Director | 03 Feb 2026 | 0 Years 8 Months | Current |
Auditor
Nirman Estate Developers Private Limited is audited by ARUN K BURAD AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN K BURAD AND ASSOCIATES | FY 2023 | 032176 |
Shareholding
The shareholding of Nirman Estate 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 Nirman Estate Developers Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.01 Cr
Satisfied charges
₹69.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2015 | 10613030 | Shree Mahesh Co-Op Bank Ltd | ₹1.21 Cr | Open | |
| 26 Mar 2015 | 10562942 | The Akola Janata Commercial Co-Operative Bank Limited | ₹1.8 Cr | Open | |
| 30 Nov 2021 | 100515455 | State Bank of India | ₹2.3 Cr | Satisfied | |
| 10 May 2019 | 100266140 | Tata Capital Housing Finance Limited | ₹11 Cr | Satisfied | |
| 20 Aug 2018 | 100198843 | State Bank of India | ₹10.5 Cr | Satisfied |
To see the full charge records of Nirman Estate Developers Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Nirman Estate Developers Private Limited has 16 court cases on record: 12 filed by Nirman Estate Developers, 4 filed against it. 6 cases are pending and 10 are disposed.
Total cases
16
Filed by the company
12
Filed against the company
4
Pending
6
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 3 | 5 |
| High courts | 7 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Nirman Gold Structures Pvt Ltd | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Nirman Estate 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
Nirman Estate Developers Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 57 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| N.Racca Advt. & MKTG. | |||
| Nirman Buildmat | |||
| BSG Facilities Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Nirman Estate Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nirman Estate Developers Private Limited has a workforce of 31 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
31
Active EPFO establishments
1
Employee growth
-3.12%
GST
Nirman Estate Developers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN6202A1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirman Estate Developers Private Limited, buy the company report.
Recent activity
Nirman Estate Developers Private Limited has 8 board changes on record since 1990: 4 appointments and 4 cessations. The latest: Mahendra Nemichand Poddar was appointed as Additional Director on 03 Feb 2026.
Appointed
Mahendra Nemichand Poddar was appointed as Additional Director.
AGM
Nirman Estate Developers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nirman Estate Developers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Charges
A charge registered on 10 May 2019 via Charge ID 100266140 with Tata Capital Housing Finance Limited was fully satisfied on 02 Aug 2023.
Charges
A charge registered on 30 Nov 2021 via Charge ID 100515455 with State Bank Of India was fully satisfied on 12 Jul 2023.
Charges
A charge registered on 20 Aug 2018 via Charge ID 100198843 with State Bank Of India was fully satisfied on 12 Jul 2023.
Charges
A charge registered on 16 Dec 2014 via Charge ID 10541096 with Others was fully satisfied on 05 Mar 2022.
Charges
A charge with Shree Mahesh Co-Op Bank Ltd of Rs. 1.21 Cr registered on 18 Dec 2015 with Charge ID 10613030 was modified on 10 Jan 2022.
Charges
A charge with State Bank Of India amounted to Rs. 2.30 Cr with Charge ID 100515455 was registered on 30 Nov 2021.
Charges
A charge with Tata Capital Housing Finance Limited of Rs. 11.00 Cr registered on 10 May 2019 with Charge ID 100266140 was modified on 27 Sep 2021.
Charges
A charge registered on 21 Aug 2017 via Charge ID 100122076 with State Bank Of India was fully satisfied on 09 Sep 2021.
Charges
A charge with Tata Capital Housing Finance Limited amounted to Rs. 11.00 Cr with Charge ID 100266140 was registered on 10 May 2019.
30 earlier events are in the company report.
Frequently asked questions
Nirman Estate Developers is an active private limited company based in Nashik, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 October 1990 (36+ years old) and is registered under CIN U70100MH1990PTC058597.
Nirman Estate Developers has 3 current directors:
- Vipul Nemichand Poddar - Director
- Hitesh Nemichand Poddar - Director
- Mahendra Nemichand Poddar - Additional Director
The latest financial statements of Nirman Estate 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 Nirman Estate Developers is 27AAACN6202A1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nirman Estate Developers is U70100MH1990PTC058597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirman Estate Developers has 16 court cases on record: 12 filed by the company and 4 filed against it. 6 are pending. Most are in the district courts.
Nirman Estate Developers was incorporated on 17 October 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
Mahendra Nemichand Poddar was appointed as Additional Director on 03 Feb 2026. Pradip Sunderlal Bhandari ceased to be Director on 04 Dec 2017. Teena Vipul Poddar ceased to be Director on 13 Jun 2017. Nirman Estate Developers has 8 board changes on record in total.
Yes, Nirman Estate Developers is registered as an MSME under Udyam registration (number: UDYAM-MH-23-0109780).
Nirman Estate Developers has 3 MSME Form 1 returns on record between 2017 and 2019, listing 57 overdue payments to 11 micro and small suppliers. The latest return was filed on 21 Jun 2019.
The registered office of Nirman Estate Developers is at Nirman House L. P. Poddar Marg College Road, Nashik, Maharashtra, India – 422005.