About Nouveau Developers Private Limited
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Nouveau Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Keystone Realtors Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45400MH2007PTC169945. Its GSTIN is 27AACCN5280G1ZF (Maharashtra).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Nilesh Balkrishna Nimbalkar and Boman Behram Irani.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.71 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹13.31 Lakh (net margin -491.1%) and EBITDA of -₹13.31 Lakh (EBITDA margin -491.1%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 38% over five years.
As per MCA filings, the company has satisfied charges of ₹630.5 Cr on record. Court records list 21 cases involving the company, including 3 filed by the company and 18 filed against it; 5 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.95 Cr; the latest was in March 2013. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 3 smaller; the largest is Ideal Shoppers Private Limited with revenue of ₹2.72 Lakh. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rustomjee.com.
Company details
Contact details
Nouveau Developers Private Limited's registered office is in Mumbai, Maharashtra. Its website is rustomjee.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address702 Natraj Mv Road Junction Western Express Highway Andheri (East), Mumbai, Maharashtra, India – 400069
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Nouveau Developers Private 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
Financials of Nouveau Developers Private Limited
FY 2025 filings availableNouveau Developers Private Limited reported revenue of ₹2.71 Lakh (down 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 41% fall in the latest year. EBITDA rose 3% 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 | -₹13.31 Lakh | ||||
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| Net Profit (PAT) | -₹13.31 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -491.1% | ||||
| Net Profit Margin | -491.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Nouveau Developers Private Limited, buy the company report.
Board of directors of Nouveau Developers Private Limited
Nouveau Developers has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nilesh Balkrishna Nimbalkar | Director | 29 Jan 2020 | 6 Years 9 Months | Current |
| Boman Behram Irani | Director | 18 Mar 2016 | 10 Years 7 Months | Current |
| Sanjaykumar Kanakrai Parekh Also directs: Krishika Management Enterprise LLP, Ishan Management Enterprise LLP, Dhaval Management Enterprise LLP and 5 more | Director | 02 Sep 2010 | 16 Years 2 Months | Current |
Peer comparison
Nouveau Developers Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ideal Shoppers Private Limited | ₹2.72 Lakh (FY 2025) | 475.0% | Kolkata, West Bengal, India | |||
| Nouveau Developers Private Limitedthis company | ₹2.71 Lakh (FY 2025) | -₹13.31 Lakh | -491.1% | -41.0% | Mumbai, Maharashtra, India | |
| Serenade Realty Private Limited | ₹2.71 Lakh (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Geotech Promoters Private Limited | ₹2.71 Lakh (FY 2019) | -91.0% | New Delhi, Delhi, India | |||
| RNS Infra Projects Private Limited | ₹2.71 Lakh (FY 2025) | -46.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Nouveau Developers Private Limited, buy the company report.
Auditor
Nouveau Developers Private Limited is audited by S M M P & Company for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M M P & Company | FY 2022 | 120438W |
Shareholding
The shareholding of Nouveau Developers Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Nouveau Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2016 | 100037460 | State Bank of India | ₹205 Cr | Satisfied | |
| 30 Mar 2016 | 100019214 | Idbi Trusteeship Services Limited | ₹130 Cr | Satisfied | |
| 30 Mar 2016 | 100019218 | Idbi Trusteeship Services Limited | ₹21 Cr | Satisfied | |
| 01 Jan 2013 | 10399821 | State Bank of India | ₹24.5 Cr | Satisfied | |
| 31 Aug 2012 | 10377315 | State Bank of India | ₹250 Cr | Satisfied |
To see the full charge records of Nouveau Developers Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Nouveau Developers Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.95 Cr; the latest was in March 2013.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Secondary share transfer | Undisclosed | Seller: Keystone Realtors Limited |
To see the full deal history of Nouveau Developers Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Nouveau Developers Private Limited has 21 court cases on record: 3 filed by Nouveau Developers, 18 filed against it. 5 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 10 | 1 |
| District courts | 8 | 8 | 4 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by individuals | Pending |
To see the full case history of Nouveau Developers 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
Nouveau Developers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 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 |
|---|---|---|---|
| Aseen Power Private Limited | |||
| Klaus Multiparking Systems Pvt Ltd |
To see the full MSME payment records of Nouveau Developers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Nouveau Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN5280G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nouveau Developers Private Limited, buy the company report.
Recent activity
Nouveau Developers Private Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Nilesh Balkrishna Nimbalkar ceased to be Additional Director on 23 Dec 2020.
15 earlier events are in the company report.
Frequently asked questions
Nouveau Developers is an active private 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 13 April 2007 (19+ years old) and is registered under CIN U45400MH2007PTC169945.
Nouveau Developers has 3 current directors:
- Nilesh Balkrishna Nimbalkar - Director
- Boman Behram Irani - Director
- Sanjaykumar Kanakrai Parekh - Director
The latest financial statements of Nouveau Developers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Nouveau Developers is 27AACCN5280G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Nouveau Developers is U45400MH2007PTC169945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nouveau Developers has 21 court cases on record: 3 filed by the company and 18 filed against it. 5 are pending. Most are in the high courts.
Nouveau Developers was incorporated on 13 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Nouveau Developers has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹4.95 Cr; the latest was in March 2013.
The peers of Nouveau Developers by revenue are Ideal Shoppers Private Limited, Serenade Realty Private Limited, Geotech Promoters Private Limited, RNS Infra Projects Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Nilesh Balkrishna Nimbalkar ceased to be Additional Director on 23 Dec 2020. Nilesh Balkrishna Nimbalkar was appointed as Director on 29 Jan 2020. Sajal Gupta ceased to be Additional Director on 29 Sep 2017. Nouveau Developers has 12 board changes on record in total.
Nouveau Developers has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 7 overdue payments to 2 micro and small suppliers. The latest return was filed on 02 May 2022.
Nouveau Developers can be reached through the website rustomjee.com. Its registered office is in Mumbai, Maharashtra, India.
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