Nexus Electro Steel Limited logo

Nexus Electro Steel Limited

Manufacturer of steel coils, laminations, and transformers for various clients, with ISO certification.
1998 | Chennai, Tamil Nadu (India) | Under Liquidation

Last Updated:

April 22, 2024
HomeCompanyNexus Electro Steel Limited

Who are the key members and board of directors at Nexus Electro Steel?

Executive Team (1)

NameDesignationAppointment DateStatus
Ketan Bagadia InManaging Director22-Jul-1998Current

Board Members(2)

NameDesignationAppointment DateStatus
Ramaswamy Srinivasan In Additional Director 24-Jul-2020Current
Hiren Botadra In Whole-Time Director 14-Mar-2006Current

Financial Performance and Corporate Structure Insights of Nexus Electro Steel.

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-77.99%
Revenue from Operations
-79.46%
Total Assets
-67.57%
Profit or Loss
-1136.67%
Net Worth
-2030.48%
EBITDA
-4270.18%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹129.31 Cr

₹76.04 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 20 Apr 2015
₹5.00 CrOpen

Icici Bank Limited

Creation Date: 19 Mar 2013
₹15.00 CrOpen

Icici Bank Limited

Creation Date: 18 Sep 2012
₹23.37 CrOpen

How Many Employees Work at Nexus Electro Steel?

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.

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Latest Updates, News, and FAQs on Nexus Electro Steel

Recent activity within the organization

  • Director Appointment

    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 4 years 4 months .

    24 Jul 2020

  • Annual General Meeting

    Nexus Electro Steel Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

    29 Sep 2018

  • Balance Sheet

    Nexus Electro Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.

    31 Mar 2018

  • Charges

    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.

    26 Nov 2015

  • Charges

    A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 10568077 was registered on 20 Apr 2015.

    20 Apr 2015

  • Charges

    A charge with Icici Bank Limited of Rs. 15.00 Cr registered on 19 Mar 2013 with Charge ID 10413388 was modified on 09 Feb 2015.

    09 Feb 2015

Frequently asked questions

  • Nexus Electro Steel Limited was incorporated on 22 Jul 1998.

  • The authorized share capital of Nexus Electro Steel Limited is ₹ 12.20 Cr and paid-up capital is ₹ 6.77 Cr.

  • Currently 3 directors are associated with Nexus Electro Steel Limited.

    • Hiren Mahendra Botadra
    • Ketan Chhotalal Bagadia
    • Ramaswamy Srinivasan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nexus Electro Steel Limited is 202 Shivalaya Block C, 16 Ethiraj Salai Egmore, Chennai, Tamil Nadu, India, 600008.

  • The corporate identification number (CIN) of Nexus Electro Steel Limited is U29142TN1998PLC040858 and the company number is 040858 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nexus Electro Steel Limited is https://www.nesl.in

  • According to the financial reports for the fiscal year 2018, the revenue trend for Nexus Electro Steel Limited has fallen by -77.99%.

  • As Per 2018 financial reports, 28 employees are currently employed by Nexus Electro Steel Limited.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Nexus Electro Steel Limited has experienced an downturn of -2030.48%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Nexus Electro Steel Limited amount to ₹ 129.31 Cr.

  • The most recent Balance Sheet for Nexus Electro Steel Limited was filed with the ROC on 31 Mar 2018.

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