Nexus Mercantile Private Limited

Nexus Mercantile Private Limited - metals and minerals in Mumbai, Maharashtra, India. Directors, charges & compliance details.
CIN U51311MH1996PTC246757 Incorporated 12 April 1996 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Private Limited Company metals and minerals
Data last updated
Revenue · FY 2016
₹53.05 Lakh
▼ 6% YoY
Net profit · FY 2016
₹40.08 Lakh
Net margin 75.6%
EBITDA · FY 2016
₹16.78 Lakh
EBITDA margin 31.6%
Authorised capital
₹5.7 Cr
Registered with MCA
Paid-up capital
₹5.64 Cr
Issued & subscribed
Company age
30 yrs
Est. 1996
Directors on board
2
As per MCA filings
Last financials
Mar 2017
Balance sheet date

About Nexus Mercantile Private Limited

Data last updated:

Nexus Mercantile Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Wella India Haircosmetics Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 12 April 1996.

The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH1996PTC246757.

The company had an authorised share capital of ₹5.7 Cr and a paid-up capital of ₹5.64 Cr. It was led by directors Anand Narendra Nagda and Niranjani Chandramouli.

Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at P&G Plaza Cardinal Gracias Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099.

As per the financials filed for FY 2016, the company reported a revenue of ₹53.05 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹40.08 Lakh (net margin 75.6%) and EBITDA of ₹16.78 Lakh (EBITDA margin 31.6%).

Company details

CIN U51311MH1996PTC246757
Registration Number 246757
Incorporation Date 12 April 1996
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 29 September 2017
Date of Balance Sheet 31 March 2017
Parent Company Wella India Haircosmetics Private Limited

CIN history

Nexus Mercantile has one previous CIN (Corporate Identification Number): U51311DL1996PTC117042. The current CIN is U51311MH1996PTC246757, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51311MH1996PTC246757Current
U51311DL1996PTC117042Previous

Contact details

Nexus Mercantile Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    P&G Plaza Cardinal Gracias Road Chakala Andheri (East), Mumbai, Maharashtra, India – 400099
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Nexus Mercantile Private Limited, buy the company report.

Comprehensive company report
Nexus Mercantile Private Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Financials of Nexus Mercantile Private Limited

FY 2017 filings available

Nexus Mercantile Private Limited reported revenue of ₹53.05 Lakh (down 6% YoY) for FY 2016.

Revenue · FY 2016
₹53.05 Lakh ▼ 6%
Net profit · FY 2016
₹40.08 Lakh margin 75.6%
EBITDA · FY 2016
₹16.78 Lakh margin 31.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
EBITDA CAGR growth
1 year
▼ 3%

Revenue fell 6% in the latest year. EBITDA fell 3% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹53.05 Lakh
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹16.78 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹40.08 Lakh
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2015-16FY 2014-15
Profitability
EBITDA Margin31.6%
Net Profit Margin75.6%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Nexus Mercantile Private Limited, buy the company report.

Board of directors of Nexus Mercantile Private Limited

Nexus Mercantile has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Anand Narendra NagdaDirector15 Apr 201511 Years 6 MonthsAs last reported
Niranjani ChandramouliDirector15 Apr 201511 Years 6 MonthsAs last reported

Auditor

Nexus Mercantile Private Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2016.

Auditor firmFinancial yearFirm registration number
Deloitte Haskins & Sells LLPFY 2016

Shareholding

The shareholding of Nexus Mercantile Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016FY 2015
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Nexus Mercantile Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Nexus Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

No GST registration is on our record for Nexus Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Nexus Mercantile Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Chandra Shekar Krishnamurthy ceased to be Company Secretary on 21 Sep 2017.

AGM
Nexus Mercantile Private Limited last Annual general meeting of members was held on 29 Sep 2017 as per latest MCA records.
Ceased
Chandra Shekar Krishnamurthy ceased to be Company Secretary.
Filing
Nexus Mercantile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Mumbai.
Ceased
Anand Narendra Nagda ceased to be Additional Director.
Ceased
Niranjani Chandramouli ceased to be Additional Director.
Ceased
Prashant Bhatnagar ceased to be Director.
Ceased
Preeti Bishnoi ceased to be Director.
Appointed
Anand Narendra Nagda was appointed as Director.
Appointed
Niranjani Chandramouli was appointed as Director.
Ceased
Jyotsna Poddar ceased to be Director.
Ceased
Amit Kundan Vyas ceased to be Director Appointed In Casual Vacancy.
Ceased
Sachin Harlalka ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Nexus Mercantile has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Nexus Mercantile was a private limited company based in Mumbai, Maharashtra, India. The company worked in materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 April 1996 and is registered under CIN U51311MH1996PTC246757. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Nexus Mercantile was incorporated on 12 April 1996. It is registered with the Registrar of Companies, Mumbai.

Nexus Mercantile had 2 directors:

The CIN (Corporate Identification Number) of Nexus Mercantile is U51311MH1996PTC246757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Nexus Mercantile is at P&G Plaza Cardinal Gracias Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099.

The latest financial statements of Nexus Mercantile on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.

Nexus Mercantile operated in the metals and minerals industry, in the materials retail and distribution segment.

Chandra Shekar Krishnamurthy ceased to be Company Secretary on 21 Sep 2017. Anand Narendra Nagda ceased to be Additional Director on 30 Sep 2015. Niranjani Chandramouli ceased to be Additional Director on 30 Sep 2015. Nexus Mercantile has 10 board changes on record in total.

Nexus Mercantile can be reached at its registered office: P&G Plaza Cardinal Gracias Road Chakala Andheri East, Mumbai, Maharashtra, India – 400099.