Nugen Machineries Limited

Manufacturer of sheet metal working machines, including press brakes and shearing machines, with a strong client base.

1990 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Nugen Machineries Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.10 Cr
  • Company Age 35 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 7.35 Cr
  • Revenue Growth 29.92%
  • Profit Growth 956.04%
  • Ebitda 474.69%
  • Net Worth 37.89%
  • Total Assets 0.40%

About Nugen Machineries

Nugen Machineries Limited (NML) is a Public Limited Indian Non-Government Company incorporated in India on 02 April 1990 and has a history of 35 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 2.10 Cr.

The company has closed loans amounting to ₹7.35 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Samir Merchant, Laila Merchant, and Rini Merchant serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29194GJ1990PLC013570

  • Company No.

    013570

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1990

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Nugen Machineries Limited offer?

Nugen Machineries Limited offers a wide range of products and services, including Hydraulic & Pneumatic Machines, Hydraulic Press, Hydraulic Press Brake Machine, Building & Construction Machines, Bending Machine, Hydraulic Machines, Cutting Machines & Equipment, Metal Cutting Machines, Hydraulic Shearing Machine, Cutting Machine.

Company report

Nugen Machineries Limited

Explore comprehensive data for Nugen Machineries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nugen Machineries?

Executive Team (1)

NameDesignationAppointment DateStatus
Samir Merchant Country flag representing In Managing Director02-Apr-1990Current

Board Members (2)

NameDesignationAppointment DateStatus
Laila Merchant Country flag representing In Whole-Time Director 04-May-2018Current
Rini Merchant Country flag representing In Whole-Time Director 23-Feb-2018Current

Financial Performance of Nugen Machineries.

Nugen Machineries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 29.92% increase. The company also saw a substantial improvement in profitability, with a 956.04% increase in profit. The company's net worth Soared by an impressive increase of 37.89%.

Nugen Machineries revenue growth over time
Nugen Machineries 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
29.92%
Revenue from Operations
16.92%
Total Assets
0.40%
Profit or Loss
956.04%
Net Worth
37.89%
EBITDA
474.69%

What is the Ownership and Shareholding Structure of Nugen Machineries?

In 2022, Nugen Machineries had a promoter holding of 98.51% and a public holding of 1.49%. 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

₹7.35 Cr

Charges Breakdown by Lending Institutions

  • Development Credit Bank Limited : 4.78 Cr
  • Gujrat Investment Corporation Ltd : 2.22 Cr
  • Gujarat State Financial Corporation : 0.35 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2000Development Credit Bank Limited₹1.22 CrSatisfied
01 Jun 1999Development Credit Bank Limited₹3.35 CrSatisfied
31 Mar 1998Gujarat State Financial Corporation₹3.50 MSatisfied
14 Oct 1997Development Credit Bank Limited₹2.09 MSatisfied
18 Jan 1996Gujrat Investment Corporation Ltd₹2.22 CrSatisfied

How Many Employees Work at Nugen Machineries?

Nugen Machineries has a workforce of 28 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.

Employee growth trends for Nugen Machineries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nugen Machineries, 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 Nugen Machineries'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 Nugen Machineries

Recent activity within the organization

  • Annual General Meeting

    Nugen Machineries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Nugen Machineries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 01 Jun 1999 via Charge ID 90099011 with Development Credit Bank Limited was fully satisfied on 11 Sep 2019.

  • Director Appointment

    Laila Samirbhai Merchant was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 04 May 2018 & has been associated with this company since 7 years 11 days .

  • Director Appointment

    Rini Samir Merchant was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Feb 2018 & has been associated with this company since 7 years 2 months .

  • Charges

    A charge registered on 18 Jan 1996 via Charge ID 90098329 with Gujrat Investment Corporation Ltd was fully satisfied on 10 May 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Nugen Machineries Limited?

    Nugen Machineries Limited was incorporated on 02 Apr 1990.

  • What is authorized share capital and paid-up capital of Nugen Machineries Limited?

    The authorized share capital of Nugen Machineries Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.10 Cr.

  • Who are the current board members & directors of Nugen Machineries Limited?

    Currently 3 directors are associated with Nugen Machineries Limited.

    • Samir Muradali Merchant
    • Laila Samirbhai Merchant
    • Rini Samir Merchant

  • What is the registered address of Nugen Machineries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nugen Machineries Limited is Plot No. 16 17 18 Block 388 Ind. Estate Sarkhej-Bhavla Hi Ghway, India, Changodar, Gujarat, 382210.

  • What is the corporate identification number (CIN) and company number of Nugen Machineries Limited?

    The corporate identification number (CIN) of Nugen Machineries Limited is U29194GJ1990PLC013570 and the company number is 013570 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nugen Machineries Limited?

    The Official website of Nugen Machineries Limited is https://www.nugenindia.com

  • What has been the recent revenue trend for Nugen Machineries Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Nugen Machineries Limited has risen by 29.92%.

  • How many employees does Nugen Machineries Limited currently have?

    As Per 2022 financial reports, 28 employees are currently employed by Nugen Machineries Limited.

  • What change has been observed in the net worth of Nugen Machineries Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Nugen Machineries Limited has experienced an upsurge of 37.89%.

  • When was the last Balance Sheet of Nugen Machineries Limited filed with the ROC?

    The most recent Balance Sheet for Nugen Machineries Limited was filed with the ROC on 31 Mar 2023.

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