About Nirmiti Developers Private Limited
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Nirmiti Developers Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 31 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U70101PN1988PTC047537.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹40.26 Lakh. It is led by directors including Nitin Govind Puranik and Sharmila Nitin Puranik.
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 8 Namjoshi Bhavani 2nd Floor Lal Bahadur Shashtri Road, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.46 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹19.98 Lakh (net margin -268%) and EBITDA of -₹20.45 Lakh (EBITDA margin -274.3%). Revenue has grown at a compounded annual rate (CAGR) of 69% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.33 Cr and satisfied charges of ₹11.78 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 1 filed against it; 1 case is 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 nirmiti.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address8 Namjoshi Bhavani 2nd Floor Lal Bahadur Shashtri Road, Pune, Maharashtra, India – 411030
- 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
- One PDF report, delivered after checkout
Business Activity of Nirmiti Developers Private Limited
The main business activity of Nirmiti Developers is construction. In detail, this covers construction of buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nirmiti Developers Private Limited FY 2025 filings available
Nirmiti Developers Private Limited reported revenue of ₹7.46 Lakh (up 1764% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Nirmiti Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 69% over five years. EBITDA fell 12% 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 Nirmiti Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹20.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.98 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 | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Nirmiti Developers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -274.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -268% | •••• | •••• | •••• | •••• |
| 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 Nirmiti Developers 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.
Board of Directors of Nirmiti Developers Private Limited
Nirmiti Developers has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Govind Puranik | Director | 01 Jul 1991 | 35 Years 3 Months | Current |
| Sharmila Nitin Puranik Also directs: Nirmiti Vastu Creation Limited Liability Partnership | Director | 14 Mar 2011 | 15 Years 7 Months | Current |
| Sunil Ramchandra Puranik Also directs: Nirmiti Lifestyle Ventures LLP, Nirmiti Housing LLP, Pushpam Nirmiti Ventures LLP and 2 more | Director | 01 Jul 1991 | 35 Years 3 Months | Current |
| Sujata Sunil Puranik Also directs: Nirmiti Vastu Creation Limited Liability Partnership | Director | 14 Mar 2011 | 15 Years 7 Months | Current |
Peer Comparison of Nirmiti Developers Private Limited
Nirmiti Developers 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 |
|---|---|---|---|---|---|---|
| Heramba Constructions Private Limited | ₹7.47 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Largest Build Homes Private Limited | ₹7.47 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | New Delhi, Delhi, India |
| Wonder Build Developers Private Limited | ₹7.46 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Jaipur, Rajasthan, India |
| Arohaka Infra and Industries Private Limited | ₹7.46 Lakh (FY 2024) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Banani Infrastructure Private Limited | ₹7.46 Lakh (FY 2015) | •••• | •••• | -41.0% | •••• | Kolkata, West Bengal, India |
| Nirmiti Developers Private Limited this company | ₹7.46 Lakh (FY 2024) | •••• | •••• | 1764.0% | •••• | Pune, Maharashtra, India |
| Hope Realcon Private Limited | ₹7.45 Lakh (FY 2025) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Mangaldeep Infraprojects Private Limited | ₹7.45 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Kolkata, West Bengal, India |
| Amrit Procon Private Limited | ₹7.44 Lakh (FY 2025) | •••• | •••• | -30.0% | •••• | Kolkata, West Bengal, India |
| Sharanam Realities Private Limited | ₹7.44 Lakh (FY 2022) | •••• | •••• | -10.0% | •••• | Ahmedabad, Gujarat, India |
| Param Infradevelopers Private Limited | ₹7.43 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Nirmiti Developers 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 Nirmiti Developers Private Limited
Nirmiti Developers Private Limited is audited by RAJEEVA KULKARNI & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJEEVA KULKARNI & 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.
Ownership and Shareholding of Nirmiti Developers 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 Nirmiti Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2025 | Others | ₹2.33 Cr | Open |
| 12 Oct 2017 | Others | ₹1 Cr | Satisfied |
| 06 Jan 2014 | Reliance Home Finance Limited | ₹10 Cr | Satisfied |
| 23 Nov 2004 | Shree Parshwanath Co.Op Bank Ltd. | ₹50 Lakh | Satisfied |
| 21 Apr 1999 | United Western Bank Ltd. | ₹5 Lakh | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Nirmiti Developers Private Limited
Nirmiti Developers Private Limited has 8 court cases on record: 5 filed by Nirmiti Developers, 1 filed against it, 2 where it is another party. 1 case is pending and 7 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 1 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Company is another party | Pending |
| Bombay High Court | Company petition | Filed by the company | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Court case (R.C.A.) | Company is another party | Disposed |
Full case history
All 8 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.
MSME Payment Delays by Nirmiti Developers Private Limited
Nirmiti Developers Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 5 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kanj & Co. LLP | •••• | •••• | •••• |
| Kanj & Associates | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Nirmiti Developers Private Limited
Nirmiti Developers Private Limited has a workforce of 5 employees as of Apr 09, 2024.
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 Nirmiti Developers Private Limited
Nirmiti Developers Private Limited has 7 board changes on record since 1991: 4 appointments and 3 cessations. The latest: Sharmila Nitin Puranik ceased to be Additional Director on 30 Sep 2011.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nirmiti Developers 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.
Subsidiaries & Group Companies of Nirmiti Developers 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 Nirmiti Developers Private Limited
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 Nirmiti Developers 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 Nirmiti Developers Private Limited
Nirmiti Developers is an active private limited company based in Pune, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 31 May 1988 (38+ years old) and is registered under CIN U70101PN1988PTC047537.
Nirmiti Developers reported revenue of ₹7.46 Lakh for FY 2024 (up 1764% YoY).
Nirmiti Developers has 4 current directors:
- Nitin Govind Puranik - Director
- Sharmila Nitin Puranik - Director
- Sunil Ramchandra Puranik - Director
- Sujata Sunil Puranik - Director
Nirmiti Developers reported a net loss of ₹19.98 Lakh (net margin -268%) and EBITDA of -₹20.45 Lakh (EBITDA margin -274.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nirmiti Developers is 69% over five years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Nirmiti Developers is U70101PN1988PTC047537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nirmiti Developers has 8 court cases on record: 5 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Nirmiti Developers was incorporated on 31 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Nirmiti Developers by revenue are Heramba Constructions Private Limited, Largest Build Homes Private Limited, Wonder Build Developers Private Limited, Arohaka Infra and Industries Private Limited, Banani Infrastructure Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Sharmila Nitin Puranik ceased to be Additional Director on 30 Sep 2011. Sujata Sunil Puranik ceased to be Additional Director on 30 Sep 2011. Sharmila Nitin Puranik was appointed as Director on 14 Mar 2011. Nirmiti Developers has 7 board changes on record in total.
Nirmiti Developers has 3 MSME Form 1 returns on record between 2017 and 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 17 Oct 2019.
Nirmiti Developers can be reached through the website nirmiti.com. Its registered office is in Pune, Maharashtra, India.