Nexteer Automotive India Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 20.79 Cr
- Company Age 17 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 65.00 Cr
- Revenue Growth 37.86%
- Profit Growth 57.37%
- Ebitda 49.74%
- Net Worth 38.57%
- Total Assets 27.13%
About Nexteer Automotive India
Nexteer Automotive India Private Limited (NAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2008 and has a history of 17 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Rhodes India Automotive Private Limited. 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 40.00 Cr and a paid-up capital of Rs 20.79 Cr.
The company currently has active open charges totaling ₹65.00 Cr.
The Key Managerial Personnel (KMP) at Nexteer Automotive India Private Limited India is Jyotsana Aidasani as COMPANY SECRETARY. Madhav Kulkarni and Pralhadrao Mujumdar serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U35990KA2008PTC045400
- Company No.
045400
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Feb 2008
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Automotive
What products or services does Nexteer Automotive India Private Limited offer?
Nexteer Automotive India Private Limited offers a wide range of products and services, including Control Rod Assembly, Steering Column, Power Steering Parts, Power Steering, Steering Column Part, Truck and Tractor Steering Column, Hydraulic Machines, Hydraulic Drive System, Steering Parts, Rack & Pinion Steering.
Who are the key members and board of directors at Nexteer Automotive India?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhav Kulkarni  | Managing Director | 16-Nov-2009 | Current |
| Jyotsana Aidasani | Company Secretary | 04-Jul-2022 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pralhadrao Mujumdar | Director | 16-Nov-2009 | Current |
Financial Performance of Nexteer Automotive India.
Nexteer Automotive India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.86% increase. The company also saw a substantial improvement in profitability, with a 57.37% increase in profit. The company's net worth Soared by an impressive increase of 38.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nexteer Automotive India?
In 2023, Nexteer Automotive India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹65.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 35.00 Cr
- The Hongkong And Shanghai Banking Corporation Limited : 30.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 May 2018 | The Hongkong And Shanghai Banking Corporation Limited | ₹30.00 Cr | Open |
| 07 Jun 2010 | Axis Bank Limited | ₹35.00 Cr | Open |
How Many Employees Work at Nexteer Automotive India?
Nexteer Automotive India has a workforce of 1400 employees as of Mar 27, 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 Nexteer Automotive India, 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 Nexteer Automotive India'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 Nexteer Automotive India
Recent activity within the organization
- Annual General Meeting
Nexteer Automotive India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.00 Cr registered on 18 May 2018 with Charge ID 100185139 was modified on 31 Jul 2024.
- Charges
A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 07 Jun 2010 with Charge ID 10227919 was modified on 30 Jul 2024.
- Balance Sheet
Nexteer Automotive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Jyotsana Aidasani was appointed as a Company Secretary was appointed as a Company Secretary on 04 Jul 2022 & has been associated with this company since 2 years 8 months .
- Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Cr with Charge ID 100185139 was registered on 18 May 2018.
Frequently asked questions
What is the Incorporation or founding date of Nexteer Automotive India Private Limited?
Nexteer Automotive India Private Limited was incorporated on 25 Feb 2008.
What is authorized share capital and paid-up capital of Nexteer Automotive India Private Limited?
The authorized share capital of Nexteer Automotive India Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 20.79 Cr.
Who are the current board members & directors of Nexteer Automotive India Private Limited?
Currently 3 directors are associated with Nexteer Automotive India Private Limited.
- Madhav Shantaram Kulkarni
- Pralhadrao Mujumdar
- Jyotsana Aidasani
What is the registered address of Nexteer Automotive India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nexteer Automotive India Private Limited is Plot No. 98A Phase Ii Kiadb Industrial Area, Jigani Anekal Taluk India, Bangalore, Karnataka, 560105.
What is the corporate identification number (CIN) and company number of Nexteer Automotive India Private Limited?
The corporate identification number (CIN) of Nexteer Automotive India Private Limited is U35990KA2008PTC045400 and the company number is 045400 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nexteer Automotive India Private Limited?
The Official website of Nexteer Automotive India Private Limited is https://www.nexteer.com
What has been the recent revenue trend for Nexteer Automotive India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nexteer Automotive India Private Limited has risen by 37.86%.
How many employees does Nexteer Automotive India Private Limited currently have?
As Per 2023 financial reports, 1400 employees are currently employed by Nexteer Automotive India Private Limited.
What change has been observed in the net worth of Nexteer Automotive India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nexteer Automotive India Private Limited has experienced an upsurge of 38.57%.
What are the total open charges for Nexteer Automotive India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nexteer Automotive India Private Limited amount to ₹ 65.00 Cr.
When was the last Balance Sheet of Nexteer Automotive India Private Limited filed with the ROC?
The most recent Balance Sheet for Nexteer Automotive India Private Limited was filed with the ROC on 31 Mar 2024.
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