Neptune Developers Limited

Real estate development and construction company based in Mumbai, established in 2004.

2004 | Mumbai, Maharashtra (India) | Under Insolvency
Last Updated: January 16, 2025

Neptune Developers Profile

Key Indicators

  • Authorised Capital ₹ 155.00 Cr
  • Paid Up Capital ₹ 115.44 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 660.10 Cr
  • Satisfied Charges ₹ 277.42 Cr
  • Revenue Growth 21.95%
  • Profit Growth -114.54%
  • Ebitda -78.95%
  • Net Worth -1875.57%
  • Total Assets 11.04%

About Neptune Developers

Neptune Developers Limited (NDL) is Under Cirp company established on 15 Jul 2004 with its office registered at Mumbai, Maharashtra, India and has been running since 20 Year, 7 Months with a paid up capital of 115.44 Cr. According to MCA records, 4 Directors and 1 Signatories are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    neptunegroup.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70102MH2004PLC147510

  • Company No.

    147510

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jul 2004

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

Who are the key members and board of directors at Neptune Developers?

Executive Team (2)

NameDesignationAppointment DateStatus
Nayan Bheda Country flag representing In Managing Director15-Jul-2004Current
Nayan Shah Country flag representing In CFO30-Sep-2014Current

Board Members (3)

NameDesignationAppointment DateStatus
Sachin Deshmukh Country flag representing In Whole-Time Director 15-Jul-2004Current
Nayan Shah Country flag representing In Director and Cfo 25-Aug-2014Current
Sheetal Rathod Country flag representing In Director 01-Aug-2017Current

Financial Performance of Neptune Developers.

Neptune Developers Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 21.95% increase. The company also saw a substantial fall in profitability, with a 114.54% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1875.57%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.95%
Revenue from Operations
18.73%
Total Assets
11.04%
Profit or Loss
-114.54%
Net Worth
-1875.57%
EBITDA
-78.95%

What is the Ownership and Shareholding Structure of Neptune Developers?

In 2019, Neptune Developers had a promoter holding of 85.98% and a public holding of 14.01%. The company had 11 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹660.10 Cr

Satisfied Charges

₹277.42 Cr

Charges Breakdown by Lending Institutions

  • Others : 560.00 Cr
  • Axis Trustee Services Limited : 100.00 Cr
  • Axis Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
27 Mar 2019Others₹120.00 CrOpen
30 Dec 2017Others₹30.00 CrOpen
29 Dec 2017Others₹145.00 CrOpen
10 Mar 2017Others₹30.00 CrOpen
05 May 2016Others₹235.00 CrOpen

How Many Employees Work at Neptune Developers?

Neptune Developers has a workforce of 31 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neptune Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Neptune Developers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Neptune Developers

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 120.00 Cr registered on 27 Mar 2019 with Charge ID 100258682 was modified on 06 Apr 2023.

    06 Apr 2023

  • Charges

    A charge with Others of Rs. 235.00 Cr registered on 05 May 2016 with Charge ID 100033116 was modified on 06 Apr 2023.

    06 Apr 2023

  • Charges

    A charge with Others of Rs. 145.00 Cr registered on 29 Dec 2017 with Charge ID 100149059 was modified on 27 Mar 2020.

    27 Mar 2020

  • Annual General Meeting

    Neptune Developers Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Neptune Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Mumbai.

    31 Mar 2019

  • Charges

    A charge with Others amounted to Rs. 120.00 Cr with Charge ID 100258682 was registered on 27 Mar 2019.

    27 Mar 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Neptune Developers Limited was incorporated on 15 Jul 2004.

  • The authorized share capital of Neptune Developers Limited is ₹ 155.00 Cr and paid-up capital is ₹ 115.44 Cr.

  • Currently 5 directors are associated with Neptune Developers Limited.

    • Sachin Manohar Deshmukh
    • Nayan Ashok Bheda
    • Nayan Thakarshi Shah
    • Sheetal Girish Rathod
    • Nayan Thakarshi Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neptune Developers Limited is 4Th Floor Eastern Business District Near Mangatram Petrol Pump Lbs Road, Bh Andup (W) India, Mumbai, Maharashtra, 400078.

  • The corporate identification number (CIN) of Neptune Developers Limited is U70102MH2004PLC147510 and the company number is 147510 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neptune Developers Limited is https://www.neptunegroup.in

  • According to the financial reports for the fiscal year 2019, the revenue trend for Neptune Developers Limited has risen by 21.95%.

  • As Per 2019 financial reports, 31 employees are currently employed by Neptune Developers Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Neptune Developers Limited has experienced an downturn of -1875.57%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Neptune Developers Limited amount to ₹ 660.10 Cr.

  • The most recent Balance Sheet for Neptune Developers Limited was filed with the ROC on 31 Mar 2019.

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