Nexus Mysore Retail Private Limited

Operates a retail mall with reputable tenants in Bangalore, Karnataka.

2007 | Mysore, Karnataka (India) | Active
Last Updated: November 15, 2024

Nexus Mysore Retail Profile

Key Indicators

  • Authorised Capital ₹ 45.00 Cr
  • Paid Up Capital ₹ 4.32 Cr
  • Company Age 17 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1,250.00 Cr
  • Satisfied Charges ₹ 1,585.00 Cr
  • Revenue Growth 58.21%
  • Profit Growth 92.16%
  • Ebitda 221.55%
  • Net Worth -1.95%
  • Total Assets 0.14%

About Nexus Mysore Retail

Nexus Mysore Retail Private Limited (NMRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 December 2007 and has a history of 17 years and one month. Its registered office is in Mysore, Karnataka, India.

The Corporate was formerly known as Prestige Mysore 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 45.00 Cr and a paid-up capital of Rs 4.32 Cr.

The company currently has active open charges totaling ₹1,250.00 Cr. The company has closed loans amounting to ₹1,585.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nishank Joshi and Nirzar Jain serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70200KA2007PTC044784

  • Company No.

    044784

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 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 Mysore Retail?

Board Members (2)

NameDesignationAppointment DateStatus
Nishank Joshi Country flag representing In Nominee Director 12-May-2023Current
Nirzar Jain Country flag representing In Nominee Director 10-Jun-2024Current

Financial Performance of Nexus Mysore Retail.

Nexus Mysore Retail Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.21% increase. The company also saw a substantial improvement in profitability, with a 92.16% increase in profit. The company's net worth dipped by a decrease of 1.95%.

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
58.21%
Revenue from Operations
60.41%
Total Assets
0.14%
Profit or Loss
92.16%
Net Worth
-1.95%
EBITDA
221.55%

What is the Ownership and Shareholding Structure of Nexus Mysore Retail?

In 2023, Nexus Mysore 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

₹1,250.00 Cr

Satisfied Charges

₹1,585.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 1250.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jul 2023Idbi Trusteeship Services Limited₹1,250.00 CrOpen
26 Mar 2021Idbi Trusteeship Services Limited₹1,495.00 CrSatisfied
28 Feb 2014Axis Bank Limited₹90.00 CrSatisfied

How Many Employees Work at Nexus Mysore Retail?

Nexus Mysore Retail has a workforce of 18 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nexus Mysore 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 Mysore 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 Mysore Retail

Recent activity within the organization

  • Annual General Meeting

    Nexus Mysore Retail Private Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.

    23 Jul 2024

  • Director Appointment

    Nirzar Anil Kumar Umathe Jain was appointed as a Nominee Director was appointed as a Nominee Director on 10 Jun 2024 & has been associated with this company since 8 months 12 days .

    10 Jun 2024

  • Balance Sheet

    Nexus Mysore Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Idbi Trusteeship Services Limited amounted to Rs. 1,250.00 Cr with Charge ID 100747036 was registered on 17 Jul 2023.

    17 Jul 2023

  • Charges

    A charge registered on 26 Mar 2021 via Charge ID 100436423 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

Recent News, Updates & Announcement

Frequently asked questions

  • Nexus Mysore Retail Private Limited was incorporated on 26 Dec 2007.

  • The authorized share capital of Nexus Mysore Retail Private Limited is ₹ 45.00 Cr and paid-up capital is ₹ 4.32 Cr.

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

    • Nishank Ramesh Joshi
    • Nirzar Anil Kumar Umathe Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nexus Mysore Retail Private Limited is Mall Management Office Nexus Centre City Mall No.8 And N-5 Abba Rd Hyder Ali Rd, Nazarb Ad Mohalla India, Mysore, Karnataka, 570019.

  • The corporate identification number (CIN) of Nexus Mysore Retail Private Limited is U70200KA2007PTC044784 and the company number is 044784 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nexus Mysore Retail Private Limited has risen by 58.21%.

  • As Per 2023 financial reports, 18 employees are currently employed by Nexus Mysore Retail Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nexus Mysore Retail Private Limited has experienced an downturn of -1.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nexus Mysore Retail Private Limited amount to ₹ 1,250.00 Cr.

  • The most recent Balance Sheet for Nexus Mysore Retail Private Limited was filed with the ROC on 31 Mar 2024.

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