Ncdex E Markets Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 35.60 Cr
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 M
- Satisfied Charges ₹ 10.00 Cr
- Revenue Growth -35.01%
- Profit Growth -139.52%
- Ebitda -148.49%
- Net Worth -18.82%
- Total Assets -22.95%
About Ncdex E Markets
Ncdex E Markets Limited (NEML) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 October 2006 and has a history of 18 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Ncdex Spot Exchange Limited. The Company is engaged in the E-Commerce 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 50.00 Cr and a paid-up capital of Rs 35.60 Cr.
The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹10.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ncdex E Markets Limited India are Krishna Daga as Cfo, Akshata Vengurlekar as Company Secretary, and Praveen Hiremath as Ceo. Praveen Hiremath, Siddhartha Singh, Ramaswamy Jagannathan, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U93090MH2006PLC165172
- Company No.
165172
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Oct 2006
- Date of AGM
02 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
E-Commerce
What products or services does Ncdex E Markets Limited offer?
Ncdex E Markets Limited offers a wide range of products and services, including Cereals & Food Grains, Pulses, Food Grains, Wheat.
Who are the key members and board of directors at Ncdex E Markets?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praveen Hiremath | Managing Director | 15-Jul-2024 | Current |
| Krishna Daga | CFO | 29-Nov-2023 | Current |
Akshata Vengurlekar  | Company Secretary | 12-Aug-2023 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Siddhartha Singh | Director | 16-May-2022 | Current |
| Ramaswamy Jagannathan | Director | 16-May-2022 | Current |
| Puneet Gupta | Director | 01-Aug-2019 | Current |
Financial Performance of Ncdex E Markets.
Ncdex E Markets Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 35.01% decrease. The company also saw a substantial fall in profitability, with a 139.52% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ncdex E Markets?
In 2022, Ncdex E Markets had a promoter holding of 99.88% and a public holding of 0.12%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Aic Isb AssociationSiddhartha Singh is a mutual person
Rashtriya E Market Services Private LimitedPraveen Hiremath is a mutual person
Ongc Petro Additions LimitedRamaswamy Jagannathan is a mutual person
Dlabs Incubator AssociationSiddhartha Singh is a mutual person
S5 Business Management Private LimitedSiddhartha Singh is a mutual person
- Fource Energy Consultants Llp
Ramaswamy Jagannathan is a mutual person
Charges (Loans)
Open Charges
₹0.20 Cr
Satisfied Charges
₹10.00 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 0.10 Cr
- Others : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2022 | Others | ₹1.00 M | Open |
| 02 Mar 2022 | Citi Bank N.A. | ₹1.00 M | Open |
| 19 Sep 2019 | State Bank Of India | ₹10.00 Cr | Satisfied |
How Many Employees Work at Ncdex E Markets?
Ncdex E Markets has a workforce of 273 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ncdex E Markets, 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 Ncdex E Markets's trajectory.
Rating
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
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 Ncdex E Markets
Recent activity within the organization
- Annual General Meeting
Ncdex E Markets Limited last Annual general meeting of members was held on 02 Aug 2024 as per latest MCA records.
- Director Appointment
Praveen Rudraiah Hiremath was appointed as a Ceo was appointed as a Ceo on 22 Jul 2024 & has been associated with this company since 7 months 20 days .
- Director Appointment
Praveen Rudraiah Hiremath was appointed as a Managing Director was appointed as a Managing Director on 15 Jul 2024 & has been associated with this company since 7 months 27 days .
- Balance Sheet
Ncdex E Markets Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Krishna Kumar Radheshyam Daga was appointed as a Cfo was appointed as a Cfo on 29 Nov 2023 & has been associated with this company since 1 year 3 months .
- Director Appointment
Akshata Madhukar Vengurlekar was appointed as a Company Secretary was appointed as a Company Secretary on 12 Aug 2023 & has been associated with this company since 1 year 7 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Ncdex E Markets Limited?
Ncdex E Markets Limited was incorporated on 18 Oct 2006.
What is authorized share capital and paid-up capital of Ncdex E Markets Limited?
The authorized share capital of Ncdex E Markets Limited is ₹ 50.00 Cr and paid-up capital is ₹ 35.60 Cr.
Who are the current board members & directors of Ncdex E Markets Limited?
Currently 7 directors are associated with Ncdex E Markets Limited.
- Praveen Rudraiah Hiremath
- Krishna Kumar Radheshyam Daga
- Akshata Madhukar Vengurlekar
- Praveen Rudraiah Hiremath
- Siddhartha Shekhar Singh
- Ramaswamy Jagannathan
- Puneet Gupta
What is the registered address of Ncdex E Markets Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ncdex E Markets Limited is Unit No.101 101 T First Floor Ackruti Corporate Park L.B.S Marg Next To Ge Garden, Kanj Urmarg (W) India, Mumbai, Maharashtra, 400079.
What is the corporate identification number (CIN) and company number of Ncdex E Markets Limited?
The corporate identification number (CIN) of Ncdex E Markets Limited is U93090MH2006PLC165172 and the company number is 165172 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ncdex E Markets Limited?
The Official website of Ncdex E Markets Limited is https://www.neml.in
What has been the recent revenue trend for Ncdex E Markets Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ncdex E Markets Limited has fallen by -35.01%.
How many employees does Ncdex E Markets Limited currently have?
As Per 2022 financial reports, 273 employees are currently employed by Ncdex E Markets Limited.
What change has been observed in the net worth of Ncdex E Markets Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Ncdex E Markets Limited has experienced an downturn of -18.82%.
What are the total open charges for Ncdex E Markets Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Ncdex E Markets Limited amount to ₹ 2.00 M.
When was the last Balance Sheet of Ncdex E Markets Limited filed with the ROC?
The most recent Balance Sheet for Ncdex E Markets Limited was filed with the ROC on 31 Mar 2024.
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