Nahars Engineering India Private Limited

Manufactures 3WH body and windshield frames, including fabricated, LD coated, and power coated frames.

1998 | Aurangabad, Maharashtra (India) | Active
Last Updated: October 24, 2024

Nahars Engineering India Profile

Key Indicators

  • Authorised Capital ₹ 5.25 Cr
  • Paid Up Capital ₹ 3.55 M
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 338.92 Cr
  • Satisfied Charges ₹ 165.00 Cr
  • Revenue Growth -2.90%
  • Profit Growth 69.38%
  • Ebitda -29.59%
  • Net Worth 15.05%
  • Total Assets -1.55%

About Nahars Engineering India

Nahars Engineering India Private Limited (NEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 April 1998 and has a history of 26 years and ten months. Its registered office is in Aurangabad, Maharashtra, India.

The Corporate was formerly known as Emkay Automobile Industries (Aurangabad) Private Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.25 Cr and a paid-up capital of Rs 3.55 M.

The company currently has active open charges totaling ₹338.92 Cr. The company has closed loans amounting to ₹165.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subhash Nahar, Harshal Nahar, and Lalita Nahar serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    laxmigroup.net.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300MH1998PTC205651

  • Company No.

    205651

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Apr 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Nahars Engineering India Private Limited offer?

Nahars Engineering India Private Limited offers a wide range of products and services, including Abstract & Contemporary Paintings, Paintings, Antennas, Wifi & Communication Tower, Antenna.

Who are the key members and board of directors at Nahars Engineering India?

Executive Team (1)

NameDesignationAppointment DateStatus
Harshal Nahar Country flag representing In Managing Director29-Nov-2017Current

Board Members (2)

NameDesignationAppointment DateStatus
Subhash Nahar Country flag representing In Director 03-Jul-2010Current
Lalita Nahar Country flag representing In Director 03-Jul-2010Current

Financial Performance of Nahars Engineering India.

Nahars Engineering India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.9% decrease. The company also saw a substantial improvement in profitability, with a 69.38% increase in profit. The company's net worth Soared by an impressive increase of 15.05%.

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
-2.90%
Revenue from Operations
-2.66%
Total Assets
-1.55%
Profit or Loss
69.38%
Net Worth
15.05%
EBITDA
-29.59%

What is the Ownership and Shareholding Structure of Nahars Engineering India?

In 2023, Nahars Engineering India had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹338.92 Cr

Satisfied Charges

₹165.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 205.92 Cr
  • State Bank Of India : 123.00 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2024State Bank Of India₹4.00 CrOpen
23 Jan 2024Others₹50.00 CrOpen
29 Mar 2023Others₹10.00 CrOpen
12 Jan 2023Others₹32.80 CrOpen
31 Mar 2022State Bank Of India₹27.80 CrOpen

How Many Employees Work at Nahars Engineering India?

Nahars Engineering India has a workforce of 424 employees as of Mar 29, 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 Nahars Engineering India, 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 Nahars Engineering India'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 Nahars Engineering India

Recent activity within the organization

  • Charges

    A charge with State Bank Of India amounted to Rs. 4.00 Cr with Charge ID 100865499 was registered on 25 Jan 2024.

    25 Jan 2024

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100867644 was registered on 23 Jan 2024.

    23 Jan 2024

  • Charges

    A charge with Others of Rs. 44.00 Cr registered on 09 Oct 2017 with Charge ID 100132894 was modified on 15 Nov 2023.

    15 Nov 2023

  • Annual General Meeting

    Nahars Engineering India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 32.80 Cr registered on 12 Jan 2023 with Charge ID 100673025 was modified on 26 Apr 2023.

    26 Apr 2023

  • Balance Sheet

    Nahars Engineering India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

Frequently asked questions

  • Nahars Engineering India Private Limited was incorporated on 07 Apr 1998.

  • The authorized share capital of Nahars Engineering India Private Limited is ₹ 5.25 Cr and paid-up capital is ₹ 3.55 M.

  • Currently 3 directors are associated with Nahars Engineering India Private Limited.

    • Subhash Madanlal Nahar
    • Harshal Subhash Nahar
    • Lalita Subhash Nahar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nahars Engineering India Private Limited is Plot No. E-95/2 Midc, Waluj India, Aurangabad, Maharashtra, 431136.

  • The corporate identification number (CIN) of Nahars Engineering India Private Limited is U34300MH1998PTC205651 and the company number is 205651 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nahars Engineering India Private Limited is https://www.laxmigroup.net.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nahars Engineering India Private Limited has fallen by -2.90%.

  • As Per 2023 financial reports, 424 employees are currently employed by Nahars Engineering India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nahars Engineering India Private Limited has experienced an upsurge of 15.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nahars Engineering India Private Limited amount to ₹ 338.92 Cr.

  • The most recent Balance Sheet for Nahars Engineering India Private Limited was filed with the ROC on 31 Mar 2023.

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