Nexteer Automotive India Profile
Key Indicators
- Authorised Capital ₹ 40.00 Cr
- Paid Up Capital ₹ 20.79 Cr
- Company Age 16 Year, 11 Months
- 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 16 years and 11 months. 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
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)
₹65.00 Cr
₹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.
