Nexo Industries Private Limited

Manufacturer of industrial fasteners, nuts, bolts, and transmission tower structures with high capacity.

1998 | Ludhiana, Punjab (India) | Active
Last Updated:

Nexo Industries Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.96 Cr
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 116.33 Cr
  • Satisfied Charges ₹ 102.51 Cr
  • Revenue Growth -13.13%
  • Profit Growth 7.29%
  • Ebitda 10.70%
  • Net Worth 4.36%
  • Total Assets 5.87%

About Nexo Industries

Nexo Industries Private Limited (NIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 October 1998 and has a history of 26 years and six months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Nexo Industries Limited. The Company is engaged in the Machinery And Equipment 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 10.00 Cr and a paid-up capital of Rs 9.96 Cr.

The company currently has active open charges totaling ₹116.33 Cr. The company has closed loans amounting to ₹102.51 Cr, as per Ministry of Corporate Affairs (MCA) records.

Amritpal Singh and Amrik 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

    U28939PB1998PTC021859

  • Company No.

    021859

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Oct 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does Nexo Industries Private Limited offer?

Nexo Industries Private Limited offers a wide range of products and services, including Electrical & Signaling Contractors, Electrical Work, Alloy, Metal and High Strength Bolts, Heavy Duty Bolts, Alloy, Metal and Industrial Nuts, Steel Nuts, Transmission Lines.

Company report

Nexo Industries Private Limited

Explore comprehensive data for Nexo Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Amrik Singh Country flag representing In Managing Director09-Oct-1998Current

Board Members (1)

NameDesignationAppointment DateStatus
Amritpal Singh Country flag representing In Director 01-Sep-2012Current

Financial Performance of Nexo Industries.

Nexo Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.13% decrease. The company also saw a slight improvement in profitability, with a 7.29% increase in profit. The company's net worth moved up by a moderate rise of 4.36%.

Nexo Industries revenue growth over time
Nexo Industries 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
-13.13%
Revenue from Operations
-13.39%
Total Assets
5.87%
Profit or Loss
7.29%
Net Worth
4.36%
EBITDA
10.70%

What is the Ownership and Shareholding Structure of Nexo Industries?

In 2023, Nexo Industries 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

₹116.33 Cr

Satisfied Charges

₹102.51 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 101.81 Cr
  • Others : 7.73 Cr
  • Axis Bank Limited : 3.60 Cr
  • Sidbi : 3.00 Cr
  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2024Axis Bank Limited₹1.50 CrOpen
01 Jan 2024Axis Bank Limited₹1.07 CrOpen
14 Aug 2023Others₹1.27 MOpen
26 Jun 2023Hdfc Bank Limited₹2.00 MOpen
16 May 2022Axis Bank Limited₹1.03 CrOpen

How Many Employees Work at Nexo Industries?

Nexo Industries has a workforce of 935 employees as of Apr 08, 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.

Employee growth trends for Nexo Industries Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nexo Industries, 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 Industries'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 Industries

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge registered on 17 May 1999 via Charge ID 90170970 with State Bank Of India was fully satisfied on 20 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100894463 was registered on 08 Feb 2024.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.07 Cr with Charge ID 100868972 was registered on 01 Jan 2024.

  • Charges

    A charge registered on 27 Aug 2020 via Charge ID 100379610 with State Bank Of India was fully satisfied on 18 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Nexo Industries Private Limited?

    Nexo Industries Private Limited was incorporated on 09 Oct 1998.

  • What is authorized share capital and paid-up capital of Nexo Industries Private Limited?

    The authorized share capital of Nexo Industries Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.96 Cr.

  • Who are the current board members & directors of Nexo Industries Private Limited?

    Currently 2 directors are associated with Nexo Industries Private Limited.

    • Amritpal Singh
    • Amrik Singh

  • What is the registered address of Nexo Industries Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nexo Industries Private Limited is Village Mangarh Kohara – Machiwara Road India, Ludhiana, Punjab, 141112.

  • What is the corporate identification number (CIN) and company number of Nexo Industries Private Limited?

    The corporate identification number (CIN) of Nexo Industries Private Limited is U28939PB1998PTC021859 and the company number is 021859 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nexo Industries Private Limited?

    The Official website of Nexo Industries Private Limited is https://www.nexoindia.com

  • What has been the recent revenue trend for Nexo Industries Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nexo Industries Private Limited has fallen by -13.13%.

  • How many employees does Nexo Industries Private Limited currently have?

    As Per 2023 financial reports, 935 employees are currently employed by Nexo Industries Private Limited.

  • What change has been observed in the net worth of Nexo Industries Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nexo Industries Private Limited has experienced an upsurge of 4.36%.

  • What are the total open charges for Nexo Industries Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nexo Industries Private Limited amount to ₹ 116.33 Cr.

  • When was the last Balance Sheet of Nexo Industries Private Limited filed with the ROC?

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

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