About Nishant Construction Pvt Ltd
Data last updated:
Nishant Construction Pvt Ltd was a private limited company based in Ahmedabad, Gujarat, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 06 March 1995.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1995PTC024866. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.21 Cr. It was led by directors including Nishant Upendra Shah (Managing Director) and Upendra Chinubhai Shah (Managing Director).
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2016, the company reported a revenue of ₹26.79 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.84 Cr (net margin 6.9%) and EBITDA of ₹2.77 Cr (EBITDA margin 10.3%).
The company was associated with 1 brand: Ratnaakar. As per MCA filings, the company had satisfied charges of ₹101.58 Cr on record. Court records list 57 cases involving the company, including 30 filed by the company and 27 filed against it; 2 cases are pending.
The last known website on record is nishantconstruction.com.
Company details
Contact details
Nishant Construction Pvt Ltd's registered office is in Ahmedabad, Gujarat. Its website is nishantconstruction.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nishant Construction 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
Brands
Nishant Construction operates one associated brand: Ratnaakar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Real estate developer focusing on luxury apartments and plots in Ahmedabad. | ratnaakar.com |
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 Pvt Ltd, buy the company report.
Financials of Nishant Construction Pvt Ltd
FY 2016 filings availableNishant Construction Pvt Ltd reported revenue of ₹26.79 Cr (down 2% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA rose 54% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹26.79 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹2.77 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.84 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 10.3% | |
| Net Profit Margin | 6.9% | |
| 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 Nishant Construction Pvt Ltd, buy the company report.
Board of directors of Nishant Construction Pvt Ltd
Nishant Construction has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishant Upendra Shah | Managing Director | 07 Jan 2004 | 22 Years 9 Months | As last reported |
| Upendra Chinubhai Shah | Managing Director | 06 Mar 1995 | 31 Years 7 Months | As last reported |
| Nilam Upendra Shah | Director | 06 Mar 1995 | 31 Years 7 Months | As last reported |
Auditor
Nishant Construction Pvt Ltd is audited by Pankaj R. Shah & Associates for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pankaj R. Shah & Associates | FY 2016 | 107361W |
Shareholding
The shareholding of Nishant Construction Pvt Ltd is on record for FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nishant Construction Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2009 | 10173169 | Gruh Finance Limited | ₹17 Cr | Satisfied | |
| 26 Feb 2009 | 10144701 | State Bank of India | ₹14.25 Cr | Satisfied | |
| 12 Feb 2009 | 10144702 | State Bank of India | ₹14.25 Cr | Satisfied | |
| 19 May 2008 | 10105153 | State Bank of India | ₹23.5 Cr | Satisfied | |
| 19 May 2008 | 10105152 | State Bank of India | ₹23.5 Cr | Satisfied |
To see the full charge records of Nishant Construction Pvt Ltd, buy the company report.
Total charge records: 8 View all charges
Legal cases
Nishant Construction Pvt Ltd has 57 court cases on record: 30 filed by Nishant Construction, 27 filed against it. 2 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 34 | 11 | 2 |
| District courts | 19 | 13 | 0 |
| Supreme Court | 4 | 3 | 0 |
Cases on record (5 of 57)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Interim or miscellaneous application | Filed by the company against Reliance Mediaworks Limited | Pending |
| High Court, MAHARASHTRA | Court case (COMEX) | Filed by the company against Reliance Mediaworks Ltd (Formerly Known As Adlabs Films Ltd) | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against Reliance Mediaworks Limited and 6 others | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed against the company by More Retail Private Limited Through Its Director (Previously Known As Aditya Birla Retail Limited), Registered Office at Skyline Icon, 86/92, 5Th and 6Th Floor, Near Mittal Industrial Estate, Andheri Kurla Road, Andheri (East), Mumbai ,Mumbai , Maharashtra | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against More Retail Limited | Disposed |
To see the full case history of Nishant Construction 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 Nishant Construction Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nishant Construction has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nishant Construction Pvt Ltd, buy the company report.
Recent activity
Nishant Construction Pvt Ltd has 5 board changes on record since 1995: 3 appointments and 2 cessations. The latest: Nishant Upendra Shah ceased to be Director on 17 Jul 2015.
13 earlier events are in the company report.
Frequently asked questions
Nishant Construction has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Nishant Construction was a private limited company based in Ahmedabad, Gujarat, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 06 March 1995 and is registered under CIN U45201GJ1995PTC024866. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Nishant Construction was incorporated on 06 March 1995. It is registered with the Registrar of Companies, Ahmedabad.
Nishant Construction had 3 directors:
- Nishant Upendra Shah - Managing Director
- Upendra Chinubhai Shah - Managing Director
- Nilam Upendra Shah - Director
The CIN (Corporate Identification Number) of Nishant Construction is U45201GJ1995PTC024866. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nishant Construction is at 801 – 802 Regency Plaza Anandnagar Cross Road Satellite, Ahmedabad, Gujarat, India – 380015.
Nishant Construction can be reached through the website nishantconstruction.com. Its registered office is in Ahmedabad, Gujarat, India.
The latest financial statements of Nishant Construction on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Nishant Construction has 1 GST registration on record and it is cancelled or inactive.
Nishant Construction operated in the real estate and construction industry, in the real estate builders and developers segment.