NV Developers Private Limited
About NV Developers Private Limited
Data last updated:
NV Developers Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Eranthus Developers Private Limited. 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 02 February 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U70200MH2007PTC167463. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹49 Cr and a paid-up capital of ₹12.88 Cr. It was formerly known as Nv G Corp Developers Private Limited. It was led by directors Gaurav Puri and Girish Singhi.
Its last annual general meeting (AGM) was held on 06 August 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Godrej One Pirojshanagar Eastern Express Highway Vikhroli East, Mumbai, Maharashtra, India – 400079.
As per the financials filed for FY 2018, the company reported a revenue of ₹55.45 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹17.4 Cr (net margin -31.4%) and EBITDA of ₹35.11 Cr (EBITDA margin 63.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years.
As per MCA filings, the company had satisfied charges of ₹559.12 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹91.44 Cr; the latest was in January 2018. 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, 3 larger and 1 smaller; the largest is Arihant Vastunirman Private Limited with revenue of ₹55.57 Cr.
Company details
Contact details
NV Developers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGodrej One Pirojshanagar Eastern Express Highway Vikhroli East, Mumbai, Maharashtra, India – 400079
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of NV 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
Business activity
The main business activity of NV Developers is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of NV Developers Private Limited, buy the company report.
Financials of NV Developers Private Limited
FY 2018 filings availableNV Developers Private Limited reported revenue of ₹55.45 Cr (up 17% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over three years, including 17% growth in the latest year. EBITDA rose 27% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹55.45 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹35.11 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹17.4 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 63.3% | |||
| Net Profit Margin | -31.4% | |||
| 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 NV Developers Private Limited, buy the company report.
Board of directors of NV Developers Private Limited
NV Developers has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Puri | Director | 18 Jun 2018 | 8 Years 4 Months | As last reported |
| Girish Singhi | Director | 19 Jan 2018 | 8 Years 9 Months | As last reported |
Peer comparison
NV 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 |
|---|---|---|---|---|---|---|
| Arihant Vastunirman Private Limited | ₹55.57 Cr (FY 2024) | 0.0% | Ratnagiri, Maharashtra, India | |||
| Riddhi Siddhi Infraprojects Private Limited | ₹55.56 Cr (FY 2025) | 28.0% | Udaipur, Rajasthan, India | |||
| Lowe Infra and Wellness Private Limited | ₹55.54 Cr (FY 2017) | 17.0% | Noida, Uttar Pradesh, India | |||
| NV Developers Private Limitedthis company | ₹55.45 Cr (FY 2018) | -₹17.4 Cr | -31.4% | 17.0% | Mumbai, Maharashtra, India | |
| G.R. Realcon Private Limited | ₹55.29 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India |
To see the full peer comparison of NV Developers Private Limited, buy the company report.
Auditor
NV Developers Private Limited is audited by KALYANIWALLA & MISTRY LLP for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KALYANIWALLA & MISTRY LLP | FY 2018 | 104607W/W100166 |
Shareholding
The shareholding of NV Developers Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of NV Developers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2016 | 100016506 | Others | ₹200 Cr | Satisfied | |
| 07 Apr 2014 | 10495419 | Axis Bank Limited | ₹91.71 Cr | Satisfied | |
| 07 Apr 2014 | 10488981 | Axis Bank Limited | ₹30 Cr | Satisfied | |
| 04 Jun 2013 | 10432146 | Housing Development Finance Corporation Limited | ₹18 Cr | Satisfied | |
| 17 Sep 2012 | 10376361 | Housing Development Finance Corporation Limited | ₹12 Cr | Satisfied |
To see the full charge records of NV Developers Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
NV Developers Private Limited has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹91.44 Cr; the latest was in January 2018.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Secondary share transfer | Undisclosed | Buyer: Girish Singhi & Eranthus Developers Private Limited, Eranthus Developers Private Limited Seller: NVD Holdings, Wellness Global Services Limited |
| Apr 2017 | Secondary share transfer | Undisclosed | Buyer: NVD Holdings Seller: New Vernon Private Equity |
| Dec 2013 | Secondary share transfer | Undisclosed | Buyer: Wellness Global Services Limited Seller: Orchid Nominees Limited |
| Nov 2007 | Acquisition | ₹7.98 Cr | Buyer: New Vernon Private Equity |
To see the full deal history of NV 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
NV Developers Private Limited has 2 court cases on record: 2 filed by NV Developers. All cases are disposed.
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 |
|---|---|---|---|
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
To see the full case history of NV 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
No delayed payments to MSME suppliers are on our record for NV Developers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
NV Developers 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 NV Developers Private Limited, buy the company report.
Recent activity
NV Developers Private Limited has 12 board changes on record since 2008: 2 appointments and 10 cessations. The latest: Girish Singhi ceased to be Additional Director on 06 Aug 2018.
22 earlier events are in the company report.
Frequently asked questions
NV Developers 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.
NV Developers was a private limited company based in Mumbai, Maharashtra, India. The company worked in real estate builders and developers, within the real estate and construction industry. It was incorporated on 02 February 2007 and is registered under CIN U70200MH2007PTC167463. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
NV Developers was incorporated on 02 February 2007. It is registered with the Registrar of Companies, Mumbai.
NV Developers had 2 directors:
- Gaurav Puri - Director
- Girish Singhi - Director
The CIN (Corporate Identification Number) of NV Developers is U70200MH2007PTC167463. 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 NV Developers is at Godrej One Pirojshanagar Eastern Express Highway Vikhroli East, Mumbai, Maharashtra, India – 400079.
The latest financial statements of NV Developers on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 06 August 2018. Year-wise statements from 2015 are in the company report.
No. NV Developers has 1 GST registration on record and it is cancelled or inactive.
NV Developers operated in the real estate and construction industry, in the real estate builders and developers segment.
NV Developers has 5 deals on record (3 secondary share transfers, 1 funding round, 1 acquisition), with disclosed funding of ₹91.44 Cr; the latest was in January 2018.
The peers of NV Developers by revenue are Arihant Vastunirman Private Limited, Riddhi Siddhi Infraprojects Private Limited, Lowe Infra and Wellness Private Limited, G.R. Realcon 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).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
