National Spot Exchange Limited

Electronic spot trading platform for agricultural and non-agricultural commodities in India, with various services and investment options.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: December 11, 2024

National Spot Exchange Profile

Key Indicators

  • Authorised Capital ₹ 460.00 Cr
  • Paid Up Capital ₹ 336.98 Cr
  • Company Age 19 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 540.00 Cr
  • Revenue Growth -26.84%
  • Profit Growth -71.60%
  • Ebitda -44.77%
  • Net Worth -2.86%
  • Total Assets -0.25%

About National Spot Exchange

National Spot Exchange Limited (NSEL) is a Public Limited Indian Non-Government Company incorporated in India on 18 May 2005 and has a history of 19 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 460.00 Cr and a paid-up capital of Rs 336.98 Cr.

The company has closed loans amounting to ₹540.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at National Spot Exchange Limited India are Neeraj Sharma as Ceo, Girish Gangir as Cfo, and Akshay Kallil as Company Secretary. Vijay Ramakrishnan, Subramanya Kusnur, Bipin Dhanesha, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U51100MH2005PLC153384

  • Company No.

    153384

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 May 2005

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

What products or services does National Spot Exchange Limited offer?

National Spot Exchange Limited offers a wide range of products and services, including Agricultural & Farm Consultants, Agro Farming Services.

Who are the key members and board of directors at National Spot Exchange?

Executive Team (4)

NameDesignationAppointment DateStatus
Neeraj Sharma Country flag representing In CEO25-Sep-2020Current
Girish Gangir Country flag representing In CFO01-Aug-2020Current
Neeraj Sharma Country flag representing In Managing Director01-Aug-2020Current
Akshay Kallil Company Secretary09-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Vijay Ramakrishnan Country flag representing In Director 25-Jan-2022Current
Subramanya Kusnur Country flag representing In Director 12-Dec-2013Current
Ashok Nag Country flag representing In Director 01-Mar-2014Current
Bipin Dhanesha Country flag representing In Director 20-Jul-2021Current
Ujjwala Deshpande Country flag representing In Director 27-Jul-2021Current

Financial Performance of National Spot Exchange.

National Spot Exchange Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 26.84% decrease. The company also saw a substantial fall in profitability, with a 71.6% decrease in profit. The company's net worth dipped by a decrease of 2.86%.

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
-26.84%
Revenue from Operations
Total Assets
-0.25%
Profit or Loss
-71.60%
Net Worth
-2.86%
EBITDA
-44.77%

What is the Ownership and Shareholding Structure of National Spot Exchange?

In 2022, National Spot Exchange had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹540.00 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 240.00 Cr
  • 3I Infotech Trusteeship Services Limited : 150.00 Cr
  • Icici Bank Limited : 140.00 Cr
  • Indusind Bank Ltd. : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Apr 2013Icici Bank Limited₹5.00 CrSatisfied
15 Mar 2013Icici Bank Limited₹50.00 CrSatisfied
01 Mar 2013Hdfc Bank Limited₹15.00 CrSatisfied
13 Dec 2012Hdfc Bank Limited₹225.00 CrSatisfied
25 Jul 2012Indusind Bank Ltd.₹10.00 CrSatisfied

How Many Employees Work at National Spot Exchange?

National Spot Exchange has a workforce of 22 employees as of Apr 07, 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 National Spot Exchange, 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 National Spot Exchange'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 National Spot Exchange

Recent activity within the organization

  • Annual General Meeting

    National Spot Exchange Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    National Spot Exchange Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Akshay Prabhat Kallil was appointed as a Company Secretary was appointed as a Company Secretary on 09 Feb 2024 & has been associated with this company since 1 year 12 days .

    09 Feb 2024

  • Director Appointment

    Vijay Ramakrishnan was appointed as a Director was appointed as a Director on 25 Jan 2022 & has been associated with this company since 3 years 27 days .

    25 Jan 2022

  • Director Appointment

    Ujjwala Hemant Deshpande was appointed as a Director was appointed as a Director on 27 Jul 2021 & has been associated with this company since 3 years 6 months .

    27 Jul 2021

  • Director Appointment

    Bipin Mohanlal Dhanesha was appointed as a Director was appointed as a Director on 20 Jul 2021 & has been associated with this company since 3 years 7 months .

    20 Jul 2021

Frequently asked questions

  • National Spot Exchange Limited was incorporated on 18 May 2005.

  • The authorized share capital of National Spot Exchange Limited is ₹ 460.00 Cr and paid-up capital is ₹ 336.98 Cr.

  • Currently 9 directors are associated with National Spot Exchange Limited.

    • Vijay Ramakrishnan
    • Subramanya Kusnur
    • Bipin Mohanlal Dhanesha
    • Ashok Kumar Nag
    • Ujjwala Hemant Deshpande
    • Neeraj Sharma
    • Girish Ganpat Gangir
    • Neeraj Kumar Sharma
    • Akshay Prabhat Kallil
  • As per Ministry of Corporate Affairs (Mca), the registered address of National Spot Exchange Limited is Malkani Chambers Condominium 1St Floor Off. Nehru Road Near Hotel Orchid, Ville Parle (E) India, Mumbai, Maharashtra, 400099.

  • The corporate identification number (CIN) of National Spot Exchange Limited is U51100MH2005PLC153384 and the company number is 153384 as per Ministry of Corporate Affairs (MCA).

  • The Official website of National Spot Exchange Limited is https://www.nationalspotexchange.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for National Spot Exchange Limited has fallen by -26.84%.

  • As Per 2022 financial reports, 22 employees are currently employed by National Spot Exchange Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of National Spot Exchange Limited has experienced an downturn of -2.86%.

  • The most recent Balance Sheet for National Spot Exchange Limited was filed with the ROC on 31 Mar 2024.

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