MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0094720
Nishant Construction Private Limited - infrastructure and utilities in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹77.12 Cr
▼ 22% YoY
Net profit · FY 2025
₹25.82 Cr
Net margin 33.5%
EBITDA · FY 2025
₹47.38 Cr
EBITDA margin 61.4%
Authorised capital
₹13.06 Cr
Registered with MCA
Paid-up capital
₹3.15 Cr
Issued & subscribed
Open charges
₹71.86 Cr
Satisfied ₹553 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
40
Provident fund records
About Nishant Construction Private Limited
Data last updated:
Nishant Construction Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 07 January 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45100GJ1981PTC004110. Its GSTIN is 24AAECM1473C1ZX (Gujarat).
The company has an authorised share capital of ₹13.06 Cr and a paid-up capital of ₹3.15 Cr. It was formerly known as Myin Properties Private Limited and Myin Investment Private Limited. It is led by directors Nishant Upendra Shah and Upendra Chinubhai 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 801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.12 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹25.82 Cr (net margin 33.5%) and EBITDA of ₹47.38 Cr (EBITDA margin 61.4%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 14% over five years.
The company has about 40 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹71.86 Cr and satisfied charges of ₹553 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
Nishant Construction Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0094720). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratnaakar.com.
Company details
CIN U45100GJ1981PTC004110
Registration Number 004110
Incorporation Date 07 January 1981
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0094720
Name history
Nishant Construction has undergone 2 name changes throughout its history. The company was previously known as Myin Properties Private Limited, and Myin Investment Private Limited. The current legal name is Nishant Construction Private Limited.
| Company Name | Status |
|---|---|
| Nishant Construction Private Limited | Current |
| Myin Properties Private Limited | Previous |
| Myin Investment Private Limited | Previous |
CIN history
Nishant Construction has one previous CIN (Corporate Identification Number): U65910GJ1981PTC004110. The current CIN is U45100GJ1981PTC004110, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100GJ1981PTC004110 | Current |
| U65910GJ1981PTC004110 | Previous |
Recognitions & Rankings of Nishant Construction
Contact details
Nishant Construction Private Limited's registered office is in Ahmedabad, Gujarat. Its website is ratnaakar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Nishant Construction Private Limited, buy the company report.
Comprehensive company report
Nishant Construction 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 Nishant Construction 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 |
To see the full business activity and turnover split of Nishant Construction Private Limited, buy the company report.
Financials of Nishant Construction Private Limited
FY 2025 filings availableNishant Construction Private Limited reported revenue of ₹77.12 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹77.12 Cr ▼ 22%
Net profit · FY 2025
₹25.82 Cr margin 33.5%
EBITDA · FY 2025
₹47.38 Cr margin 61.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 21%
5 years · compounded
▲ 14%
EBITDA CAGR growth
3 years · compounded
▲ 94%
5 years · compounded
▲ 27%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. 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 |
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| Total Expenses | |||||
| EBITDA | ₹47.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.82 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 61.4% | ||||
| Net Profit Margin | 33.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Nishant Construction Private Limited, buy the company report.
Board of directors of Nishant Construction Private Limited
Nishant Construction has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Upendra Shah | Director | 07 Jan 2004 | 22 Years 9 Months | Current |
| Upendra Chinubhai Shah | Director | 07 Jan 1981 | 45 Years 9 Months | Current |
Auditor
Nishant Construction Private Limited is audited by PARIKH AND MAJMUDAR CHARTERED ACCOUNTANTS for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH AND MAJMUDAR CHARTERED ACCOUNTANTS | FY 2023 | 107525W |
Shareholding
The shareholding of Nishant Construction 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 Nishant Construction Private Limited, buy the company report.
Charges & borrowings
Open charges
₹71.86 Cr
Satisfied charges
₹553 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Oct 2025 | 101174073 | Others | ₹55 Cr | Open | |
| 29 Mar 2024 | 100905892 | Indian Bank | ₹9.3 Cr | Open | |
| 07 Nov 2012 | 10388188 | Others | ₹7.56 Cr | Open | |
| 24 May 2023 | 100741514 | Others | ₹45 Cr | Satisfied | |
| 15 May 2023 | 100793794 | Others | ₹45 Cr | Satisfied |
To see the full charge records of Nishant Construction Private Limited, buy the company report.
Total charge records: 25 View all charges
Legal cases
Nishant Construction Private Limited has 2 court cases on record: 2 filed by Nishant Construction. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Commercial suit | Filed by the company against an individual | Disposed |
| High Court of Gujarat | Court case (COMP) | Filed by the company | Disposed |
To see the full case history of Nishant Construction 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
Nishant Construction Private Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 23 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Shubham Inc. | |||
| Aditi Airconditioning Private Limited | |||
| Linc Digital Systems Private Limited |
To see the full MSME payment records of Nishant Construction Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Nishant Construction has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Ratnaakar Infratech Private Limited | U45205GJ2016PTC086500 |
To see the full group structure of Nishant Construction Private Limited, buy the company report.
Employees & EPFO
Nishant Construction Private Limited has a workforce of 40 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
14.29%
GST
Nishant Construction has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM1473C1ZX | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nishant Construction Private Limited, buy the company report.
Recent activity
Nishant Construction Private Limited has 4 board changes on record since 1981: 3 appointments and 1 cessation. The latest: Nilam Upendra Shah ceased to be Director on 31 Mar 2017.
Charges
A charge with Others of Rs. 55.00 Cr registered on 01 Oct 2025 with Charge ID 101174073 was modified on 03 Oct 2025.
Charges
A charge with Others amounted to Rs. 55.00 Cr with Charge ID 101174073 was registered on 01 Oct 2025.
AGM
Nishant Construction Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nishant Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 24 May 2023 via Charge ID 100741514 with Others was fully satisfied on 17 Jan 2025.
Charges
A charge registered on 15 May 2023 via Charge ID 100793794 with Others was fully satisfied on 17 Jan 2025.
Charges
A charge registered on 21 Mar 2023 via Charge ID 100699579 with Others was fully satisfied on 06 Nov 2024.
Charges
A charge registered on 12 Aug 2022 via Charge ID 100617861 with Others was fully satisfied on 02 Apr 2024.
Charges
A charge registered on 13 Jun 2022 via Charge ID 100586683 with Others was fully satisfied on 02 Apr 2024.
Charges
A charge with Indian Bank amounted to Rs. 9.30 Cr with Charge ID 100905892 was registered on 29 Mar 2024.
Charges
A charge with Others of Rs. 33.00 Cr registered on 13 Jun 2022 with Charge ID 100586683 was modified on 09 Jan 2024.
Charges
A charge registered on 12 Aug 2022 via Charge ID 100615961 with Others was fully satisfied on 05 Jan 2024.
47 earlier events are in the company report.
Frequently asked questions
Nishant Construction is an active private limited company based in Ahmedabad, Gujarat, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 07 January 1981 (45+ years old) and is registered under CIN U45100GJ1981PTC004110.
Nishant Construction has 2 current directors:
- Nishant Upendra Shah - Director
- Upendra Chinubhai Shah - Director
The latest financial statements of Nishant Construction 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 Nishant Construction is 24AAECM1473C1ZX, registered in Gujarat.
The CIN (Corporate Identification Number) of Nishant Construction is U45100GJ1981PTC004110. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nishant Construction has 2 court cases on record: 2 filed by the company.
Nishant Construction was incorporated on 07 January 1981, making it 45+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nilam Upendra Shah ceased to be Director on 31 Mar 2017. Nilam Upendra Shah was appointed as Director on 07 Jan 2004. Nishant Upendra Shah was appointed as Director on 07 Jan 2004. Nishant Construction has 4 board changes on record in total.
Yes, Nishant Construction is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0094720).
Nishant Construction has 5 MSME Form 1 returns on record between 2019 and 2022, listing 23 overdue payments to 6 micro and small suppliers. The latest return was filed on 27 Sep 2023.
Nishant Construction can be reached through the website ratnaakar.com. Its registered office is in Ahmedabad, Gujarat, India.