Nexus Mangalore Retail Profile
Key Indicators
- Authorised Capital ₹ 90.00 Cr
- Paid Up Capital ₹ 8.49 Cr
- Company Age 17 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 1,695.00 Cr
- Revenue Growth 42.12%
- Profit Growth 80.49%
- Ebitda 71.04%
- Net Worth -5.10%
- Total Assets -0.84%
About Nexus Mangalore Retail
Nexus Mangalore Retail Private Limited (NMRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 December 2007 and has a history of 17 years and three months. Its registered office is in Dakshina Kannada, Karnataka, India.
The Corporate was formerly known as Prestige Mangalore Retail Ventures Private Limited. The Company is engaged in the Business Services 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 90.00 Cr and a paid-up capital of Rs 8.49 Cr.
The company has closed loans amounting to ₹1,695.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Rohan Vaswani, Nishank Joshi, and Jayen Naik serve as directors at the Company.
Company Details
- Location
Dakshina Kannada, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70109KA2007PTC044794
- Company No.
044794
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Dec 2007
- Date of AGM
23 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Business Services
Who are the key members and board of directors at Nexus Mangalore Retail?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohan Vaswani  | Additional Director | 11-Dec-2024 | Current |
| Nishank Joshi | Nominee Director | 12-May-2023 | Current |
| Jayen Naik | Nominee Director | 04-Jun-2024 | Current |
Financial Performance of Nexus Mangalore Retail.
Nexus Mangalore Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 42.12% increase. The company also saw a substantial improvement in profitability, with a 80.49% increase in profit. The company's net worth dipped by a decrease of 5.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nexus Mangalore Retail?
In 2023, Nexus Mangalore Retail had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Naman Mall Management Company Private LimitedRohan Vaswani is a mutual person
Select Infrastructure Private LimitedJayen Naik is a mutual person
Chitrali Properties Private LimitedRohan Vaswani is a mutual person
Nexusmalls Whitefield Private LimitedJayen Naik is a mutual person
Indore Treasure Island Private LimitedRohan Vaswani is a mutual person
- Kalani Brothers (Indore) Private Limited
Rohan Vaswani is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹1,695.00 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 1495.00 Cr
- Axis Bank Limited : 100.00 Cr
- Others : 100.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Mar 2021 | Idbi Trusteeship Services Limited | ₹1,495.00 Cr | Satisfied |
| 25 May 2015 | Others | ₹100.00 Cr | Satisfied |
| 27 Aug 2012 | Axis Bank Limited | ₹100.00 Cr | Satisfied |
How Many Employees Work at Nexus Mangalore Retail?
Unlock and access historical data on people associated with Nexus Mangalore Retail, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Nexus Mangalore Retail, 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 Mangalore Retail'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 Nexus Mangalore Retail
Recent activity within the organization
- Director Appointment
Rohan Deepak Vaswani was appointed as a Additional Director was appointed as a Additional Director on 11 Dec 2024 & has been associated with this company since 3 months 19 days .
- Annual General Meeting
Nexus Mangalore Retail Private Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.
- Director Appointment
Jayen Ajit Naik was appointed as a Nominee Director was appointed as a Nominee Director on 04 Jun 2024 & has been associated with this company since 9 months 26 days .
- Balance Sheet
Nexus Mangalore Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 26 Mar 2021 via Charge ID 100436570 with Idbi Trusteeship Services Limited was fully satisfied on 02 Jun 2023.
- Director Appointment
Nishank Ramesh Joshi was appointed as a Nominee Director was appointed as a Nominee Director on 12 May 2023 & has been associated with this company since 1 year 10 months .
Recent News, Updates & Announcement
- Prestige Estates: Keep one eye on launches, another on debt | Mint.
Despite a robust launch pipeline, unsold inventory inched up to ₹16,000 crore by the end of December. The company also has big capex plans, looking to spend ₹14,600 crore to develop its office, retail and hospitality assets..
- Apple gets massive office in India with parking for 740 cars, space for 1200 employees, to pay rent of.
Situated at Minsk Square, a prime location in the city, the new office is designed to accommodate up to 1,200 employees across its 15 floors. The facility includes dedicated lab spaces, collaborative areas, wellness zones, parking for 740 cars and a Caffe Macs..
Frequently asked questions
What is the Incorporation or founding date of Nexus Mangalore Retail Private Limited?
Nexus Mangalore Retail Private Limited was incorporated on 27 Dec 2007.
What is authorized share capital and paid-up capital of Nexus Mangalore Retail Private Limited?
The authorized share capital of Nexus Mangalore Retail Private Limited is ₹ 90.00 Cr and paid-up capital is ₹ 8.49 Cr.
Who are the current board members & directors of Nexus Mangalore Retail Private Limited?
Currently 3 directors are associated with Nexus Mangalore Retail Private Limited.
- Rohan Deepak Vaswani
- Nishank Ramesh Joshi
- Jayen Ajit Naik
What is the registered address of Nexus Mangalore Retail Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nexus Mangalore Retail Private Limited is Mall Management Office Fiza By Nexus 4Th Floor Mangala Devi Road, Pandeshwar India, Mangaluru, Karnataka, 575001.
What is the corporate identification number (CIN) and company number of Nexus Mangalore Retail Private Limited?
The corporate identification number (CIN) of Nexus Mangalore Retail Private Limited is U70109KA2007PTC044794 and the company number is 044794 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nexus Mangalore Retail Private Limited?
The Official website of Nexus Mangalore Retail Private Limited is https://www.prestigeconstructions.com
What has been the recent revenue trend for Nexus Mangalore Retail Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nexus Mangalore Retail Private Limited has risen by 42.12%.
What change has been observed in the net worth of Nexus Mangalore Retail Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nexus Mangalore Retail Private Limited has experienced an downturn of -5.10%.
When was the last Balance Sheet of Nexus Mangalore Retail Private Limited filed with the ROC?
The most recent Balance Sheet for Nexus Mangalore Retail Private Limited was filed with the ROC on 31 Mar 2024.
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