About N S Associates Private Limited
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N S Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 24 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U41001DL2002PTC117462. Its GSTIN is 07AABCN7057J1Z8 (Delhi). The company holds 26 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Mirza Ahmar Beg and Nishat Gupta.
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 260 Rithambhara Building Tribhuvan Complex Bahapur, Mathura Road Ishwar Nagar West, New Delhi, Delhi, India – 110065.
As per the financials filed for FY 2025, the company reported a revenue of ₹486.07 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹21.75 Cr (net margin 4.5%) and EBITDA of ₹35.02 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 30% over five years.
As per MCA filings, the company has open charges of ₹148.72 Cr and satisfied charges of ₹27.02 Cr on record. Court records list 72 cases involving the company, including 42 filed by the company and 30 filed against it; 12 cases are 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 nsassociates.in.
Company details
CIN history
N S Associates has one previous CIN (Corporate Identification Number): U74210DL2002PTC117462. The current CIN is U41001DL2002PTC117462, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41001DL2002PTC117462 | Current |
| U74210DL2002PTC117462 | Previous |
Contact details
N S Associates Private Limited's registered office is in New Delhi, Delhi.
- Social Media
- Registered Address260 Rithambhara Building Tribhuvan Complex Bahapur, Mathura Road Ishwar Nagar West, New Delhi, Delhi, India – 110065
- IndustryInfrastructure and Utilities, General Construction Services
- 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 N S Associates 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 N S Associates Private Limited, buy the company report.
Financials of N S Associates Private Limited
FY 2025 filings availableN S Associates Private Limited reported revenue of ₹486.07 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 2% growth in the latest year. EBITDA rose 24% 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 | ₹35.02 Cr | ||||
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| Net Profit (PAT) | ₹21.75 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 | 7.2% | ||||
| Net Profit Margin | 4.5% | ||||
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To see the full financial statements and ratios of N S Associates Private Limited, buy the company report.
Board of directors of N S Associates Private Limited
N S Associates has 7 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mirza Ahmar Beg Also directs: Aastha Agricultural Private Limited, Aryan Residency Limited | Director | 24 Oct 2002 | 24 Years 0 Months | Current |
| Nishat Gupta Also directs: Aryan Residency Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
| Mirza Shamsul Hasan Beg | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
| Mirza Zafar Beg Also directs: Aryan Residency Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
| Shashank Gupta Also directs: Aryan Residency Limited | Director | 24 Oct 2002 | 24 Years 0 Months | Current |
| Davander Rawat Also directs: Aryan Residency Limited | Director | 01 Jul 2008 | 18 Years 3 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2025 | 101120034 | State Bank of India | ₹20 Cr | Open | |
| 12 Feb 2025 | 101067082 | Others | ₹40 Cr | Open | |
| 23 Oct 2024 | 101046609 | Yes Bank Limited | ₹26.39 Lakh | Open | |
| 24 Sep 2024 | 101014492 | Yes Bank Limited | ₹83.65 Lakh | Open | |
| 25 Oct 2023 | 100832651 | Axis Bank Limited | ₹1 Cr | Open |
To see the full charge records of N S Associates Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
N S Associates Private Limited has 72 court cases on record: 42 filed by N S Associates, 30 filed against it. 12 cases are pending and 60 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 39 | 5 | 4 |
| District courts | 30 | 22 | 6 |
| Supreme Court | 2 | 2 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 72)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO (COMM)) | Filed against the company by Gurmon Hotels Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Hotel Corporation of India Ltd. | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Thermosol Glass India Pvt. Ltd. | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Rites Ltd & Anr. | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Hotel Corporation of India Ltd | Disposed |
To see the full case history of N S Associates 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.
Credit ratings & regulatory alerts
N S Associates Private Limited was last rated by Icra on 26 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 Nov 2021 |
To see the full credit ratings and regulatory alerts of N S Associates Private Limited, buy the company report.
MSME payment delays
N S Associates Private Limited has 2 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Zircon Exports Private Limited | |||
| SMR Travel N Tours | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of N S Associates Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
N S Associates has 26 GST registrations: 15 active and 11 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCN7057J1Z8 | Delhi | Active | 01 Jul 2017 |
| 04AABCN7057J1ZE | Chandigarh | Active | 01 Jul 2017 |
| 05AABCN7057J1ZC | Uttarakhand | Active | 01 Jul 2017 |
| 08AABCN7057J1Z6 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of N S Associates Private Limited, buy the company report.
Recent activity
N S Associates Private Limited has 13 board changes on record since 2002: 7 appointments and 6 cessations. The latest: Davander Rawat ceased to be Additional Director on 29 Sep 2008.
31 earlier events are in the company report.
Frequently asked questions
N S Associates is an active private limited company based in New Delhi, Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 24 October 2002 (24+ years old) and is registered under CIN U41001DL2002PTC117462.
N S Associates has 7 current directors:
- Mirza Ahmar Beg - Director
- Nishat Gupta - Director
- Mirza Shamsul Hasan Beg - Director
- Mirza Zafar Beg - Director
- Shashank Gupta - Director
- Davander Rawat - Director
- Mirza Qamarul Hasan Beg - Director
The latest financial statements of N S Associates 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 N S Associates is 07AABCN7057J1Z8, registered in Delhi. The company has 26 GST registrations in all, of which 15 are active and 11 are cancelled or inactive. Other active GSTINs include 04AABCN7057J1ZE (Chandigarh), 05AABCN7057J1ZC (Uttarakhand), 08AABCN7057J1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of N S Associates is U41001DL2002PTC117462. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
N S Associates has 72 court cases on record: 42 filed by the company and 30 filed against it. 12 are pending. Most are in the high courts.
N S Associates was incorporated on 24 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Delhi.
Davander Rawat ceased to be Additional Director on 29 Sep 2008. Mirza Qamarul Hasan Beg ceased to be Additional Director on 29 Sep 2008. Mirza Shamsul Hasan Beg ceased to be Additional Director on 29 Sep 2008. N S Associates has 13 board changes on record in total.
N S Associates has 2 MSME Form 1 returns on record between 2019 and 2020, listing 8 overdue payments to 4 micro and small suppliers. The latest return was filed on 04 Oct 2020.
N S Associates can be reached through the website nsassociates.in. Its registered office is in New Delhi, Delhi, India.
The registered office of N S Associates is at 260 Rithambhara Building Tribhuvan Complex Bahapur, Mathura Road Ishwar Nagar West, New Delhi, Delhi, India – 110065.