Nexgensolution Technologies Private Ltd

Authorized dealer of Mahindra and Mahindra and Terex, providing maintenance and repair services for vehicles and farm equipment.

2002 | Ranchi, Jharkhand (India) | Active
Last Updated: November 15, 2024

Nexgensolution Technologies Profile

Key Indicators

  • Authorised Capital ₹ 5.70 Cr
  • Paid Up Capital ₹ 5.27 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 39.84 Cr
  • Satisfied Charges ₹ 19.42 Cr
  • Revenue Growth 45.04%
  • Profit Growth 86.48%
  • Ebitda 77.37%
  • Net Worth 30.71%
  • Total Assets -9.12%

About Nexgensolution Technologies

Nexgensolution Technologies Private Ltd (NTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 February 2002 and has a history of 22 years and 11 months. Its registered office is in Ranchi, Jharkhand, India.

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 5.70 Cr and a paid-up capital of Rs 5.27 Cr.

The company currently has active open charges totaling ₹39.84 Cr. The company has closed loans amounting to ₹19.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

Snigdha Singh and Binay Singh serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50200JH2002PTC012149

  • Company No.

    012149

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Feb 2002

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jharkhand

Industry

Automotive

Who are the key members and board of directors at Nexgensolution Technologies?

Executive Team (1)

Name Designation Appointment Date Status
Binay Singh Country flag representing In Managing Director 18-Feb-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Snigdha Singh Country flag representing In Director 30-Apr-2006 Current

Financial Performance of Nexgensolution Technologies.

Nexgensolution Technologies Private Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 45.04% increase. The company also saw a substantial improvement in profitability, with a 86.48% increase in profit. The company's net worth Soared by an impressive increase of 30.71%.

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
45.04%
Revenue from Operations
45.05%
Total Assets
-9.12%
Profit or Loss
86.48%
Net Worth
30.71%
EBITDA
77.37%

What is the Ownership and Shareholding Structure of Nexgensolution Technologies?

In 2023, Nexgensolution Technologies had a promoter holding of 99.05% and a public holding of 0.95%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.84 Cr

Satisfied Charges

₹19.42 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 19.24 Cr
  • State Bank Of India : 18.00 Cr
  • Others : 2.60 Cr

Latest Charge Details

Date Lender Amount Status
28 May 2024 Others ₹1.40 Cr Open
27 Jan 2022 Others ₹1.20 Cr Open
24 Sep 2021 State Bank Of India ₹18.00 Cr Open
29 Aug 2013 Axis Bank Limited ₹19.24 Cr Open
12 May 2020 Others ₹3.90 Cr Satisfied

How Many Employees Work at Nexgensolution Technologies?

Nexgensolution Technologies has a workforce of 522 employees as of Mar 22, 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 Nexgensolution Technologies, 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 Nexgensolution Technologies'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 Nexgensolution Technologies

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.40 Cr with Charge ID 100934463 was registered on 28 May 2024.

    28 May 2024

  • Annual General Meeting

    Nexgensolution Technologies Private Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Nexgensolution Technologies Private Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 19.24 Cr registered on 29 Aug 2013 with Charge ID 10450642 was modified on 12 Apr 2022.

    12 Apr 2022

  • Charges

    A charge with Others amounted to Rs. 1.20 Cr with Charge ID 100538081 was registered on 27 Jan 2022.

    27 Jan 2022

  • Charges

    A charge registered on 12 May 2020 via Charge ID 100341001 with Others was fully satisfied on 27 Dec 2021.

    27 Dec 2021

Frequently asked questions

  • Nexgensolution Technologies Private Ltd was incorporated on 18 Feb 2002.

  • The authorized share capital of Nexgensolution Technologies Private Ltd is ₹ 5.70 Cr and paid-up capital is ₹ 5.27 Cr.

  • Currently 2 directors are associated with Nexgensolution Technologies Private Ltd.

    • Snigdha Singh
    • Binay Kumar Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nexgensolution Technologies Private Ltd is Plot No-2627 Holding No-1272 3Rd Street Anantpur Po-Doranda, Ps-Chutia India, Ranchi, Jharkhand, 834002.

  • The corporate identification number (CIN) of Nexgensolution Technologies Private Ltd is U50200JH2002PTC012149 and the company number is 012149 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nexgensolution Technologies Private Ltd is https://www.nexgensolutiontechnologies.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nexgensolution Technologies Private Ltd has risen by 45.04%.

  • As Per 2023 financial reports, 522 employees are currently employed by Nexgensolution Technologies Private Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nexgensolution Technologies Private Ltd has experienced an upsurge of 30.71%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nexgensolution Technologies Private Ltd amount to ₹ 39.84 Cr.

  • The most recent Balance Sheet for Nexgensolution Technologies Private Ltd was filed with the ROC on 31 Mar 2023.