Nexus Mangalore Retail Private Limited

Operates a retail mall with 0.70 mn sq ft leasable area.

2007 | Mangaluru, Karnataka (India) | Active
Last Updated: July 25, 2024

Nexus Mangalore Retail Profile

Key Indicators

  • Authorised Capital ₹ 90.00 Cr
  • Paid Up Capital ₹ 8.49 Cr
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • 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 one month. Its registered office is in Mangaluru, 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 2023. 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.

Nishank Joshi and Jayen Naik serve as directors at the Company.

Company Details

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

    10 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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 (2)

NameDesignationAppointment DateStatus
Nishank Joshi Country flag representing In Nominee Director 12-May-2023Current
Jayen Naik Country flag representing In Additional Director 10-Jun-2024Current

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%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
42.12%
Revenue from Operations
43.59%
Total Assets
-0.84%
Profit or Loss
80.49%
Net Worth
-5.10%
EBITDA
71.04%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
26 Mar 2021Idbi Trusteeship Services Limited₹1,495.00 CrSatisfied
25 May 2015Others₹100.00 CrSatisfied
27 Aug 2012Axis Bank Limited₹100.00 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Graph displaying rating trends over time

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

Alert Indicator

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

    Jayen Ajit Naik was appointed as a Additional Director was appointed as a Additional Director on 10 Jun 2024 & has been associated with this company since 8 months 13 days .

    10 Jun 2024

  • Annual General Meeting

    Nexus Mangalore Retail Private Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.

    10 Aug 2023

  • Charges

    A charge registered on 26 Mar 2021 via Charge ID 100436570 with Idbi Trusteeship Services Limited was fully satisfied on 02 Jun 2023.

    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 9 months .

    12 May 2023

  • Balance Sheet

    Nexus Mangalore Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 1,495.00 Cr registered on 26 Mar 2021 with Charge ID 100436570 was modified on 09 Jul 2021.

    09 Jul 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Nexus Mangalore Retail Private Limited was incorporated on 27 Dec 2007.

  • The authorized share capital of Nexus Mangalore Retail Private Limited is ₹ 90.00 Cr and paid-up capital is ₹ 8.49 Cr.

  • Currently 2 directors are associated with Nexus Mangalore Retail Private Limited.

    • Nishank Ramesh Joshi
    • Jayen Ajit Naik
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nexus Mangalore Retail Private Limited is Mall Management Office Fiza By Nexus Mall 4Th Floor Mangala Devi Road Pandeshwar, Mangaluru, Karnataka, India, 575001.

  • 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).

  • The Official website of Nexus Mangalore Retail Private Limited is https://www.prestigeconstructions.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nexus Mangalore Retail Private Limited has risen by 42.12%.

  • 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%.

  • The most recent Balance Sheet for Nexus Mangalore Retail Private Limited was filed with the ROC on 31 Mar 2023.

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