About Exide Energy Private Limited
Data last updated:
Exide Energy Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Exide Industries 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 electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 29 September 2018.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2018PTC259348. Its GSTIN is 24AAFCE1934M1ZL (Gujarat).
The company had an authorised share capital of ₹200 Cr and a paid-up capital of ₹168.55 Cr. It was led by directors including Mandar Vighnahari Deo (Managing Director) and Arun Mittal.
Its last annual general meeting (AGM) was held on 31 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Exide House 59E Chowringhee Road, Kolkata, West Bengal, India – 700020.
As per the financials filed for FY 2023, the company reported a revenue of ₹117.33 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹47.73 Cr (net margin -40.7%) and EBITDA of -₹20.99 Cr (EBITDA margin -17.9%).
The company had about 179 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Nexcharge. As per MCA filings, the company had open charges of ₹250 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in November 2022.
The last known website on record is nexcharge.in.
Company details
CIN history
Exide Energy has one previous CIN (Corporate Identification Number): U74999GJ2018PTC104468. The current CIN is U74999WB2018PTC259348, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999WB2018PTC259348 | Current |
| U74999GJ2018PTC104468 | Previous |
Contact details
Exide Energy Private Limited's registered office is in Kolkata, West Bengal. Its website is nexcharge.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressExide House 59E Chowringhee Road, Kolkata, West Bengal, India – 700020
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Exide Energy Private Limited, buy the company report.
- 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
Brands
Exide Energy operates one associated brand: Nexcharge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides battery design, manufacturing, and sustainable energy solutions worldwide. | nexcharge.in |
Business activity
The main business activity of Exide Energy is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Exide Energy Private Limited, buy the company report.
Financials of Exide Energy Private Limited
FY 2023 filings availableExide Energy Private Limited reported revenue of ₹117.33 Cr (up 240% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 240% in the latest year. EBITDA rose 34% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹20.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.9% | ||||
| Net Profit Margin | -40.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Exide Energy Private Limited, buy the company report.
Board of directors and KMP of Exide Energy Private Limited
Exide Energy Private Limited currently reports 6 directors and 2 key managerial personnel. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Mittal Also directs: R A M Estates Private Limited | Director | 23 Dec 2019 | 6 Years 10 Months | As last reported |
| Asish Kumar Mukherjee Also directs: Exide Energy Solutions Limited | Director | 05 Jul 2021 | 5 Years 3 Months | As last reported |
| Surin Shailesh Kapadia Also directs: Exide Energy Solutions Limited, Thiante Consultancy Services LLP, Viems Agencies LLP and 5 more | Director | 23 Dec 2019 | 6 Years 10 Months | As last reported |
| Gaurav Amrutiya Also directs: Stovec Industries Limited | Cfo | 20 Oct 2022 | 4 Years 0 Months | As last reported |
| Arun Rao Madimugar Govinda Rao | Company Secretary | 07 Aug 2023 | 3 Years 2 Months | As last reported |
| Mona Ninad Desai Also directs: Sonata Software Limited, Supreme Petrochem Limited, Juhu Beach Resorts Limited and 1 more | Director | 23 Dec 2019 | 6 Years 10 Months | As last reported |
Auditor
Exide Energy Private Limited is audited by B S R & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2022 | 101248W/W-100022 |
Shareholding
The shareholding of Exide Energy Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Exide Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2022 | 100613665 | Others | ₹50 Cr | Open | |
| 14 Dec 2020 | 100399427 | Others | ₹75 Cr | Open | |
| 18 Sep 2020 | 100369514 | Axis Bank Limited | ₹125 Cr | Open |
To see the full charge records of Exide Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Exide Energy Private Limited has 6 deals on record (4 rights issues, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹25 Cr; the latest was in November 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2022 | Funding round | ₹25 Cr | Investors: Exide Industries Limited |
| Apr 2021 | Rights issue | ₹85 Cr | Investors: Exide Industries Limited |
| Aug 2020 | Rights issue | ₹66.35 Cr | Investors: Exide Industries Limited |
| Jul 2019 | Rights issue | ₹112.81 Cr | Investors: Exide Industries Limited , Leclanche SA |
| Dec 2018 | Rights issue | ₹55 Cr | Investors: Exide Industries Limited , Leclanche SA |
To see the full deal history of Exide Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Exide Energy Private Limited has 2 court cases on record: 2 filed by Exide Energy. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Kolkata | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Exide Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Exide Energy Private Limited was last rated by Icra on 31 Jan 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Jan 2021 |
To see the full credit ratings and regulatory alerts of Exide Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Exide Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Exide Energy Private Limited has a workforce of 179 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Exide Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCE1934M1ZL | Gujarat | Active | 03 Jan 2019 |
To see the full GST registrations and return filing status of Exide Energy Private Limited, buy the company report.
Recent activity
Exide Energy Private Limited has 10 board changes on record since 2019: 8 appointments and 2 cessations. The latest: Mandar Vighnahari Deo was appointed as Managing Director on 17 Oct 2023.
6 earlier events are in the company report.
News
Frequently asked questions
Exide Energy 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.
Exide Energy was a private limited company based in Kolkata, West Bengal, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 29 September 2018 and is registered under CIN U74999WB2018PTC259348. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Exide Energy was incorporated on 29 September 2018. It is registered with the Registrar of Companies, Kolkata.
Exide Energy had 8 directors and KMP:
- Mandar Vighnahari Deo - Managing Director
- Arun Mittal - Director
- Asish Kumar Mukherjee - Director
- Surin Shailesh Kapadia - Director
- Mona Ninad Desai - Director
- Subir Chakraborty - Director
- Gaurav Amrutiya - Cfo
- Arun Rao Madimugar Govinda Rao - Company Secretary
The CIN (Corporate Identification Number) of Exide Energy is U74999WB2018PTC259348. 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 Exide Energy is at Exide House 59E Chowringhee Road, Kolkata, West Bengal, India – 700020.
Exide Energy can be reached through the website nexcharge.in. Its registered office is in Kolkata, West Bengal, India.
The latest financial statements of Exide Energy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 July 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Exide Energy is 24AAFCE1934M1ZL, registered in Gujarat.
Exide Energy operated in the consumer electronics and durables industry, in the electronics manufacturing segment.
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