
About Vijay Nirman Company Private Limited
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Vijay Nirman Company Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 26 September 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U45200AP2005PTC047097. Its GSTIN is 03AABCV6001E1Z1 (Punjab). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹22.05 Cr. It is led by directors including Ajay Veeramachaneni Kumar (Managing Director) and Venkatavishnu Anne Varaprasad (Whole-Time Director).
Its last annual general meeting (AGM) was held on 24 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D.No. 11 – 9 – 16 Dasapalla Hills, Visakhapatnam, Andhra Pradesh, India – 530003.
As per the financials filed for FY 2024, the company reported a revenue of ₹466.94 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹528.12 Cr (net margin -113.1%) and EBITDA of -₹442.05 Cr (EBITDA margin -94.7%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
The company is associated with 1 brand: Vijay Nirman. As per MCA filings, the company has open charges of ₹1,349.93 Cr and satisfied charges of ₹256.52 Cr on record. Court records list 96 cases involving the company, including 26 filed by the company and 70 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 vijaynirman.com.
Company details
Contact details
Vijay Nirman Company Private Limited's registered office is in Visakhapatnam, Andhra Pradesh. Its website is vijaynirman.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD.No. 11 – 9 – 16 Dasapalla Hills, Visakhapatnam, Andhra Pradesh, India – 530003
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Vijay Nirman Company 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
Brands
Vijay Nirman Company operates one associated brand: Vijay Nirman. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure development services are provided across various projects in India. | vijaynirman.com |
Business activity
The main business activity of Vijay Nirman Company is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Vijay Nirman Company Private Limited, buy the company report.
Financials of Vijay Nirman Company Private Limited
FY 2025 filings availableVijay Nirman Company Private Limited reported revenue of ₹466.94 Cr (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 44% fall 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹442.05 Cr | ||||
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| Net Profit (PAT) | -₹528.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -94.7% | ||||
| Net Profit Margin | -113.1% | ||||
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To see the full financial statements and ratios of Vijay Nirman Company Private Limited, buy the company report.
Board of directors of Vijay Nirman Company Private Limited
Vijay Nirman Company has 6 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkata Yalamanchili Ramana Also directs: Suryamukhi Trexim Pvt LTDV, Surapaneni Trading LLP | Director | 10 Aug 2005 | 21 Years 2 Months | Current |
| Mahdav Deshpande | Nominee Director | 08 Sep 2020 | 6 Years 1 Months | Current |
| Ajay Veeramachaneni Kumar Also directs: Surapaneni Trading LLP, Gev Developers LLP | Managing Director | 01 Oct 2007 | 19 Years 0 Months | Current |
| Venkatavishnu Anne Varaprasad Also directs: Suryamukhi Trexim Pvt LTDV | Whole-Time Director | 10 Aug 2005 | 21 Years 2 Months | Current |
| Anil Dhanpat Agrawal Also directs: Bouncing Buddies LLP, Kridhan Infra Limited, Kridhan Petrochemicals Private Limited and 5 more | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Vijaya Surapaneni Kumar Also directs: Vikas Management & Construction Private Limited | Whole-Time Director | 10 Aug 2005 | 21 Years 2 Months | Current |
Peer comparison
Vijay Nirman Company Private Limited is compared with the 7 companies closest to it by revenue in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Minerals (India) Private Limited | ₹468.71 Cr (FY 2025) | 39.0% | Mathura, Uttar Pradesh, India | |||
| Rajkamal Builders Infrastructure Private Limited | ₹468.35 Cr (FY 2025) | -16.0% | Ahmedabad, Gujarat, India | |||
| Srinivasa Edifice Pvt Ltd | ₹467.1 Cr (FY 2025) | -17.0% | Telangana, India | |||
| Vijay Nirman Company Private Limitedthis company | ₹466.94 Cr (FY 2024) | -₹528.12 Cr | -113.1% | -44.0% | Visakhapatnam, Andhra Pradesh, India | |
| G.S. Express Private Limited | ₹461.5 Cr (FY 2025) | 9.0% | Lucknow, Uttar Pradesh, India | |||
| KCP Infra Limited | ₹458.46 Cr (FY 2025) | -28.0% | Chennai, Tamil Nadu, India | |||
| Nikhil Constructiongroup Private Limited | ₹454.33 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| R & B Infra Project Limited | ₹451.15 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vijay Nirman Company Private Limited, buy the company report.
Auditor
Vijay Nirman Company Private Limited is audited by MUJIBUR RAHMAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MUJIBUR RAHMAN & CO | FY 2023 | 327347E |
Shareholding
The shareholding of Vijay Nirman Company Private 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 Vijay Nirman Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jul 2020 | 100370875 | Others | ₹3 Cr | Open | |
| 13 Aug 2018 | 100220024 | Others | ₹18.3 Lakh | Open | |
| 18 May 2018 | 100189561 | State Bank of India | ₹88 Lakh | Open | |
| 15 Sep 2016 | 100067800 | Others | ₹69.75 Lakh | Open | |
| 05 Jan 2016 | 10619568 | Icici Bank Limited | ₹1.17 Cr | Open |
To see the full charge records of Vijay Nirman Company Private Limited, buy the company report.
Total charge records: 107 View all charges
Legal cases
Vijay Nirman Company Private Limited has 96 court cases on record: 26 filed by Vijay Nirman Company, 70 filed against it. 12 cases are pending and 84 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 66 | 60 | 5 |
| High courts | 23 | 5 | 7 |
| Supreme Court | 5 | 3 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 96)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Ion Exchange India Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Alsina Formwork India Private Limited, Through Dilip Umakant Mahajan | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Alsina Formwork India Private Limited, Through Dilip Umakant Mahajan | Pending |
| District court, South East, Delhi | Commercial suit | Filed against the company by M/S Navair International Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by Alsina Formwork India Private Limited, Through Dilip Umakant Mahajan | Disposed |
To see the full case history of Vijay Nirman Company 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
Vijay Nirman Company Private Limited was last rated by Crisil on 21 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 21 Dec 2020 |
To see the full credit ratings and regulatory alerts of Vijay Nirman Company Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vijay Nirman Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vijay Nirman Company has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCV6001E1Z1 | Punjab | Active | 01 Jul 2017 |
| 06AABCV6001E1ZV | Haryana | Active | 01 Jul 2017 |
| 08AABCV6001E1ZR | Rajasthan | Active | 01 Jul 2017 |
| 14AABCV6001E1ZY | Manipur | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vijay Nirman Company Private Limited, buy the company report.
Recent activity
Vijay Nirman Company Private Limited has 22 board changes on record since 2005: 6 appointments and 16 cessations. The latest: Maghisuddin ceased to be Company Secretary on 16 Jan 2025.
207 earlier events are in the company report.
News
Frequently asked questions
Vijay Nirman Company is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 26 September 1994 (32+ years old) and is registered under CIN U45200AP2005PTC047097.
Vijay Nirman Company has 6 current directors:
- Ajay Veeramachaneni Kumar - Managing Director
- Venkatavishnu Anne Varaprasad - Whole-Time Director
- Vijaya Surapaneni Kumar - Whole-Time Director
- Venkata Yalamanchili Ramana - Director
- Mahdav Deshpande - Nominee Director
- Anil Dhanpat Agrawal - Director
The latest financial statements of Vijay Nirman Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vijay Nirman Company is 03AABCV6001E1Z1, registered in Punjab. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCV6001E1ZV (Haryana), 08AABCV6001E1ZR (Rajasthan), 14AABCV6001E1ZY (Manipur).
The CIN (Corporate Identification Number) of Vijay Nirman Company is U45200AP2005PTC047097. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijay Nirman Company has 96 court cases on record: 26 filed by the company and 70 filed against it. 12 are pending. Most are in the district courts.
Vijay Nirman Company was incorporated on 26 September 1994, making it 32+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Vijay Nirman Company by revenue are Creative Minerals (India) Private Limited, Rajkamal Builders Infrastructure Private Limited, Srinivasa Edifice Pvt Ltd, G.S. Express Private Limited, KCP Infra Limited and 2 more, all in the Infrastructure industry (Construction Services), with the same principal business activity (roads, railways, utility projects).
Maghisuddin ceased to be Company Secretary on 16 Jan 2025. Venkata Yalamanchili Ramana ceased to be CEO on 01 Oct 2022. Muttuluri Narasimhappa ceased to be Additional Director on 06 Dec 2021. Vijay Nirman Company has 22 board changes on record in total.
Vijay Nirman Company can be reached through the website vijaynirman.com. Its registered office is in Visakhapatnam, Andhra Pradesh, India.
The registered office of Vijay Nirman Company is at D.No. 11 – 9 – 16 Dasapalla Hills, Visakhapatnam, Andhra Pradesh, India – 530003.