Nugen Machineries Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
- Paid Up Capital ₹ 2.10 Cr
- Company Age 34 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 7.35 Cr
- Revenue Growth -22.74%
- Profit Growth 121.82%
- Ebitda 45.52%
- Net Worth 3.48%
- Total Assets -2.80%
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 34 years and ten months. 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
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Location
Ahmedabad, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29194GJ1990PLC013570
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Company No.
013570
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
02 Apr 1990
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
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.
Who are the key members and board of directors at Nugen Machineries?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samir Merchant
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Managing Director | 02-Apr-1990 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Laila Merchant
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Whole-Time Director | 04-May-2018 | Current |
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Rini Merchant
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Whole-Time Director | 23-Feb-2018 | Current |
Financial Performance of Nugen Machineries.
Nugen Machineries Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 22.74% decrease. The company also saw a substantial improvement in profitability, with a 121.82% increase in profit. The company's net worth moved up by a moderate rise of 3.48%.
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What is the Ownership and Shareholding Structure of Nugen Machineries?
In 2020, 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.
Related Corporates (Common Directorship)
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Task Hydraulics Private LimitedLaila Merchant and Rini Merchant are mutual person
Charges (Loans)
₹0
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2000 | Development Credit Bank Limited | ₹1.22 Cr | Satisfied |
| 01 Jun 1999 | Development Credit Bank Limited | ₹3.35 Cr | Satisfied |
| 31 Mar 1998 | Gujarat State Financial Corporation | ₹3.50 M | Satisfied |
| 14 Oct 1997 | Development Credit Bank Limited | ₹2.09 M | Satisfied |
| 18 Jan 1996 | Gujrat Investment Corporation Ltd | ₹2.22 Cr | Satisfied |
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.
Deals i
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
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.
