Nirman Foundation Pvt Ltd
About Nirman Foundation Pvt Ltd
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Nirman Foundation Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate marketing and sales segment of the real estate and construction sector. It was incorporated on 03 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45201WB1991PTC052934. Its GSTIN is 29AAACN8547J1ZY (Karnataka).
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹77.65 Lakh. It is led by directors including Bhupendra Vora and Dilip 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 61 Bentinck Street, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.38 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net profit of ₹2.22 Cr (net margin 41.3%) and EBITDA of ₹2.5 Cr (EBITDA margin 46.5%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 79% over five years.
Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Nirman Foundation Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address61 Bentinck Street, Kolkata, West Bengal, India – 700069
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Nirman Foundation Pvt Ltd, 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 Foundation 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 |
To see the full business activity and turnover split of Nirman Foundation Pvt Ltd, buy the company report.
Financials of Nirman Foundation Pvt Ltd
FY 2025 filings availableNirman Foundation Pvt Ltd reported revenue of ₹5.38 Cr (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 79% over five years, including 35% growth in the latest year. EBITDA rose 103% 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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| EBITDA | ₹2.5 Cr | ||||
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| Net Profit (PAT) | ₹2.22 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 46.5% | ||||
| Net Profit Margin | 41.3% | ||||
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To see the full financial statements and ratios of Nirman Foundation Pvt Ltd, buy the company report.
Board of directors of Nirman Foundation Pvt Ltd
Nirman Foundation has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendra Vora | Director | 03 Sep 1991 | 35 Years 1 Months | Current |
| Dilip Shah Also directs: Three Dimension Displays (India) LLP, Best Buy Broking & Consultancy LLP, Reliable Roto Moulders LLP and 5 more | Director | 31 May 1993 | 33 Years 4 Months | Current |
| Pradip Sheth | Director | 03 Sep 1991 | 35 Years 1 Months | Current |
| Virendra Kantilal Mehta | Director | 03 Sep 1991 | 35 Years 1 Months | Current |
Peer comparison
Nirman Foundation Pvt Ltd is compared with the 3 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Propassets Management Private Limited | ₹5.49 Cr (FY 2025) | 96.0% | Bengaluru, Karnataka, India | |||
| Bhuvi Infracon Private Limited | ₹5.45 Cr (FY 2023) | 59.0% | Lucknow, Uttar Pradesh, India | |||
| Nirman Foundation Pvt Ltdthis company | ₹5.38 Cr (FY 2024) | ₹2.22 Cr | 41.3% | 35.0% | Kolkata, West Bengal, India | |
| Varanasi Infradevelopers Private Limited | ₹5.35 Cr (FY 2025) | 518.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Nirman Foundation Pvt Ltd, buy the company report.
Auditor
Nirman Foundation Pvt Ltd is audited by CHANDRAN & RAMAN for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDRAN & RAMAN | FY 2023 | 000571S |
Shareholding
The shareholding of Nirman Foundation Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Nirman Foundation Pvt Ltd, buy the company report.
Legal cases
Nirman Foundation Pvt Ltd has 9 court cases on record: 1 filed by Nirman Foundation, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 0 |
| High courts | 4 | 3 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (AA) | Filed against the company by an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (AA) | Filed against the company by an individual | Disposed |
| District court, BENGALURU RURAL, Karnataka | Court case (AA) | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Nirman Foundation Pvt Ltd, 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 Nirman Foundation Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nirman Foundation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN8547J1ZY | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nirman Foundation Pvt Ltd, buy the company report.
Recent activity
Nirman Foundation Pvt Ltd has 5 board changes on record since 1991: 4 appointments and 1 cessation. The latest: Kirti Khimchand Mehta ceased to be Director on 05 Oct 2021.
Frequently asked questions
Nirman Foundation is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 03 September 1991 (35+ years old) and is registered under CIN U45201WB1991PTC052934.
Nirman Foundation has 4 current directors:
- Bhupendra Vora - Director
- Dilip Shah - Director
- Pradip Sheth - Director
- Virendra Kantilal Mehta - Director
The latest financial statements of Nirman Foundation 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 Foundation is 29AAACN8547J1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Nirman Foundation is U45201WB1991PTC052934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirman Foundation has 9 court cases on record: 1 filed by the company and 8 filed against it. Most are in the district courts.
Nirman Foundation was incorporated on 03 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Nirman Foundation by revenue are Propassets Management Private Limited, Bhuvi Infracon Private Limited, Varanasi Infradevelopers Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities).
Kirti Khimchand Mehta ceased to be Director on 05 Oct 2021. Dilip Shah was appointed as Director on 31 May 1993. Bhupendra Vora was appointed as Director on 03 Sep 1991. Nirman Foundation has 5 board changes on record in total.
The registered office of Nirman Foundation is at 61 Bentinck Street, Kolkata, West Bengal, India – 700069.
Nirman Foundation operates in the real estate and construction industry, in the real estate marketing and sales segment.