Nexus Electro Steel Limited, a under liquidation public limited company, was established on 22 July 1998 in Chennai, Tamil Nadu, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U29142TN1998PLC040858. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹12.20 Cr and a paid-up capital of ₹6.77 Cr.
Formerly known as Nexus Electro Steel P Limited. It upholds a active non-compliant status. Employing 28 professional, Its leadership includes Radhakrishnan Dharmarajan (Irp/Rp/Liquidator), Ramaswamy Srinivasan (Additional Director), Hiren Mahendra Botadra (Whole-Time Director). Past directors included Tarun Kumar Bimalendu Mukherjee, Saravanan Manoharan, Charu Ketan Bagadia. It holds ₹129.31 Cr open charges and ₹76.04 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 202, Shivalaya, Block C, 16 Ethiraj Salai, Egmore, Chennai, Tamil Nadu, 600008.
U29142TN1998PLC040858
040858
22 July 1998
₹12.20 Cr
₹6.77 Cr
Roc Chennai
Unlisted
Under Liquidation
Explore comprehensive insights into Nexus Electro Steel Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Radhakrishnan Dharmarajan | Irp/Rp/Liquidator | 29 May 2025 | Current |
| Ramaswamy Srinivasan | Additional Director | 24 Jul 2020 | Current |
| Hiren Mahendra Botadra | Whole-Time Director | 14 Mar 2006 | Current |
| Ketan Chhotalal Bagadia | Managing Director | 22 Jul 1998 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 03 Mar 2014 | Past |
| Pramod Abcsdd | Director | 24 Jul 2020 | Past |
| Pramod Abcsdd | Director | 31 Mar 2012 | Past |
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Nexus Electro Steel Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 77.99% decrease. The company also saw a substantial fall in profitability, with a 1136.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2030.48%.
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In 2018, Nexus Electro Steel had a promoter holding of 60.93% and a public holding of 39.07%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹1,293,110,000.00
₹760,400,000.00
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2015 | State Bank Of India | ₹5.00 Cr | Open |
| 19 Mar 2013 | Icici Bank Limited | ₹15.00 Cr | Open |
| 18 Sep 2012 | Icici Bank Limited | ₹23.37 Cr | Open |
| 12 Dec 2007 | State Bank Of India | ₹85.94 Cr | Open |
| 09 Jul 2008 | Standard Chartered Bank | ₹20.00 Cr | Satisfied |
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Nexus Electro Steel has a workforce of 28 employees as of Apr 03, 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.
Gain comprehensive insights into the Deals and Valuation data of Nexus Electro Steel, 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 Nexus Electro Steel's trajectory.
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The activity Radhakrishnan Dharmarajan was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 29 May 2025 & has been associated with this company since 7 months 2 days . was completed.
Progress on Ramaswamy Srinivasan was appointed as a Additional Director was appointed as a Additional Director on 24 Jul 2020 & has been associated with this company since 5 years 5 months . was documented.
Progress on Nexus Electro Steel Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was documented.
The activity Nexus Electro Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai. was completed.
Progress on A charge with State Bank Of India of Rs. 85.94 Cr registered on 12 Dec 2007 with Charge ID 10081829 was modified on 26 Nov 2015. was documented.
A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 10568077 was registered on 20 Apr 2015. was recorded as a recent event.
The CIN of Nexus Electro Steel Limited is U29142TN1998PLC040858.
Nexus Electro Steel Limited is headquartered at 202, Shivalaya, Block C, 16 Ethiraj Salai, Egmore, Chennai, Tamil Nadu, 600008.
Nexus Electro Steel Limited was incorporated on 22 July 1998.
The current directors of Nexus Electro Steel Limited are
The primary industry of Nexus Electro Steel Limited is Manufacturing.
Nexus Electro Steel Limited is unlisted.
The authorized capital of Nexus Electro Steel Limited is ₹12.20 Cr, and the paid-up capital is ₹6.77 Cr.
The compliance status of Nexus Electro Steel Limited is Active Non-Compliant.
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