Niskalp Infrastructure Services Limited
About Niskalp Infrastructure Services Limited
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Niskalp Infrastructure Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Sons Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 December 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67120MH1989PLC054778. Its GSTIN is 27AABCN9239J1Z2 (Maharashtra).
The company has an authorised share capital of ₹118.25 Cr and a paid-up capital of ₹80 Cr. It was formerly known as Niskalp Investments and Trading Compnay Limited and Niskalp Energy Limited. It is led by directors including Girish Girdharilal Valecha and Zubin Dara Mistry.
Its last annual general meeting (AGM) was held on 08 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 2nd Floor Army & Navy Building 148 Mahatma Gandhi Road Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.5 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.5 Cr (net margin 77.7%) and EBITDA of ₹3.54 Cr (EBITDA margin 78.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹100 Cr on record. Court records list 56 cases involving the company, including 44 filed by the company and 12 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Niskalp Infrastructure Services has undergone 2 name changes throughout its history. The company was previously known as Niskalp Investments And Trading Compnay Limited, and Niskalp Energy Limited. The current legal name is Niskalp Infrastructure Services Limited.
| Company Name | Status |
|---|---|
| Niskalp Infrastructure Services Limited | Current |
| Niskalp Investments And Trading Compnay Limited | Previous |
| Niskalp Energy Limited | Previous |
Contact details
Niskalp Infrastructure Services Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address2nd Floor Army & Navy Building 148 Mahatma Gandhi Road Fort, Mumbai, Maharashtra, India – 400001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Niskalp Infrastructure Services Limited, 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 Niskalp Infrastructure Services 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 Niskalp Infrastructure Services Limited, buy the company report.
Financials of Niskalp Infrastructure Services Limited
FY 2025 filings availableNiskalp Infrastructure Services Limited reported revenue of ₹4.5 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 14% growth in the latest year. EBITDA rose 19% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.54 Cr | ||||
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| Net Profit (PAT) | ₹3.5 Cr | ||||
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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 | 78.6% | ||||
| Net Profit Margin | 77.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Niskalp Infrastructure Services Limited, buy the company report.
Board of directors of Niskalp Infrastructure Services Limited
Niskalp Infrastructure Services has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Girdharilal Valecha Also directs: Taj Air Limited | Director | 28 Nov 2020 | 5 Years 11 Months | Current |
| Zubin Dara Mistry Also directs: Akashastha Technologies Private Limited | Director | 03 Feb 2020 | 6 Years 9 Months | Current |
| Kamlesh Mansukhlal Parekh Also directs: Infopark Properties Limited | Director | 30 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Niskalp Infrastructure Services Limited is audited by S R B C & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co. LLP | FY 2022 | 324982E/E300003 |
Shareholding
The shareholding of Niskalp Infrastructure Services Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Niskalp Infrastructure Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Jun 2004 | 80019729 | Standard Chartered Bank | ₹75 Cr | Satisfied | |
| 26 Aug 2003 | 80038384 | Taj Air Limited | ₹25 Cr | Satisfied |
To see the full charge records of Niskalp Infrastructure Services Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Niskalp Infrastructure Services Limited has 56 court cases on record: 44 filed by Niskalp Infrastructure Services, 12 filed against it. 5 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 0 | 1 |
| High courts | 22 | 11 | 4 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHS) | Filed by the company against Elbee Services Ltd. and Ors. | Pending |
| Bombay High Court | Court case (CHS) | Filed by the company against Elbee Services Ltd. and Ors. | Disposed |
| Bombay High Court | Court case (EXA) | Filed by the company against Elbee Services Ltd. and Ors. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Commissioner of Income Tax Appeals Through Nfac Jcit A and Ors | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Niskalp Infrastructure Services 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
No delayed payments to MSME suppliers are on our record for Niskalp Infrastructure Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Niskalp Infrastructure Services has 2 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Inshainallah Investments Limited | U74899DL1994PLC062238 | |
| India Emerging Companies Investment Limited | U99999MH1995PLC085035 |
To see the full group structure of Niskalp Infrastructure Services Limited, buy the company report.
GST
Niskalp Infrastructure Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN9239J1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niskalp Infrastructure Services Limited, buy the company report.
Recent activity
Niskalp Infrastructure Services Limited has 15 board changes on record since 2008: 3 appointments and 12 cessations. The latest: Girish Girdharilal Valecha ceased to be Additional Director on 24 Sep 2021.
11 earlier events are in the company report.
Frequently asked questions
Niskalp Infrastructure Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 December 1989 (37+ years old) and is registered under CIN U67120MH1989PLC054778.
Niskalp Infrastructure Services has 3 current directors:
- Girish Girdharilal Valecha - Director
- Zubin Dara Mistry - Director
- Kamlesh Mansukhlal Parekh - Director
The latest financial statements of Niskalp Infrastructure Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 08 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Niskalp Infrastructure Services is 27AABCN9239J1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Niskalp Infrastructure Services is U67120MH1989PLC054778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niskalp Infrastructure Services has 56 court cases on record: 44 filed by the company and 12 filed against it. 5 are pending. Most are in the district courts.
Niskalp Infrastructure Services was incorporated on 28 December 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Girish Girdharilal Valecha ceased to be Additional Director on 24 Sep 2021. Adil Percy Charna ceased to be Director on 30 Nov 2020. Girish Girdharilal Valecha was appointed as Director on 28 Nov 2020. Niskalp Infrastructure Services has 15 board changes on record in total.
The registered office of Niskalp Infrastructure Services is at 2nd Floor Army & Navy Building 148 Mahatma Gandhi Road Fort, Mumbai, Maharashtra, India – 400001.
Niskalp Infrastructure Services operates in the real estate and construction industry, in the real estate builders and developers segment.
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