Nexo Enterprises Private Limited

Manufactures steel and alloy steel products for various industries.

1995 | Ludhiana, Punjab (India) | Active
Last Updated: December 23, 2024

Nexo Enterprises Profile

Key Indicators

  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 1.88 M
  • Company Age 29 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.10 Cr
  • Satisfied Charges ₹ 1.90 Cr
  • Revenue Growth 13.17%
  • Profit Growth -37.22%
  • Ebitda -6.02%
  • Net Worth 1.32%
  • Total Assets -11.00%

About Nexo Enterprises

Nexo Enterprises Private Limited (NEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 12 June 1995 and has a history of 29 years and eight months. Its registered office is in Ludhiana, Punjab, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.50 M and a paid-up capital of Rs 1.88 M.

The company currently has active open charges totaling ₹2.10 Cr. The company has closed loans amounting to ₹1.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jasbir Singh, Charanpreet Singh, and Gunpreet Singh serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909PB1995PTC016587

  • Company No.

    016587

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Jun 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Automotive
Manufacturing

Who are the key members and board of directors at Nexo Enterprises?

Board Members (3)

Name Designation Appointment Date Status
Jasbir Singh Country flag representing In Director 12-Jun-1995 Current
Charanpreet Singh Country flag representing In Director 17-Jan-2006 Current
Gunpreet Singh Country flag representing In Director 28-Sep-2020 Current

Financial Performance of Nexo Enterprises.

Nexo Enterprises Private Limited, for the financial year ended 2016, experienced significant growth in revenue, with a 13.17% increase. The company also saw a substantial fall in profitability, with a 37.22% decrease in profit. The company's net worth moved up by a moderate rise of 1.32%.

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
13.17%
Revenue from Operations
13.52%
Total Assets
-11.00%
Profit or Loss
-37.22%
Net Worth
1.32%
EBITDA
-6.02%

What is the Ownership and Shareholding Structure of Nexo Enterprises?

In 2017, Nexo Enterprises 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

₹21.00 M

Satisfied Charges

₹19.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.80 Cr
  • Hdfc Bank Limited : 0.20 Cr
  • Bank Of India : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
05 Mar 2024 Others ₹1.80 Cr Open
21 Oct 2020 Hdfc Bank Limited ₹2.00 M Open
17 Mar 1997 Bank Of India ₹1.00 M Open
18 Feb 2022 Idbi Bank Limited ₹1.90 Cr Satisfied

How Many Employees Work at Nexo Enterprises?

Nexo Enterprises has a workforce of 33 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 Nexo Enterprises, 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 Nexo Enterprises'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 Nexo Enterprises

Recent activity within the organization

  • Annual General Meeting

    Nexo Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Nexo Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 18.00 M with Charge ID 100903731 was registered on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge registered on 18 Feb 2022 via Charge ID 100546353 with Idbi Bank Limited was fully satisfied on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 19.00 M with Charge ID 100546353 was registered on 18 Feb 2022.

    18 Feb 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.00 M with Charge ID 100400895 was registered on 21 Oct 2020.

    21 Oct 2020

Frequently asked questions

  • Nexo Enterprises Private Limited was incorporated on 12 Jun 1995.

  • The authorized share capital of Nexo Enterprises Private Limited is ₹ 3.50 M and paid-up capital is ₹ 1.88 M.

  • Currently 3 directors are associated with Nexo Enterprises Private Limited.

    • Jasbir Singh
    • Charanpreet Singh
    • Gunpreet Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nexo Enterprises Private Limited is H. No. 214, Model House India, Ludhiana, Punjab, 141001.

  • The corporate identification number (CIN) of Nexo Enterprises Private Limited is U51909PB1995PTC016587 and the company number is 016587 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2016, the revenue trend for Nexo Enterprises Private Limited has risen by 13.17%.

  • As Per 2016 financial reports, 33 employees are currently employed by Nexo Enterprises Private Limited.

  • The financial reports for the fiscal year 2016 indicates that The net worth of Nexo Enterprises Private Limited has experienced an upsurge of 1.32%.

  • As per the financial statements for fiscal Year 2016, The total open charges for Nexo Enterprises Private Limited amount to ₹ 2.10 Cr.

  • The most recent Balance Sheet for Nexo Enterprises Private Limited was filed with the ROC on 31 Mar 2024.

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