MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-18-0254399
GM Nexus India Private Limited - information technology in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹78.77 Cr
▲ 374% YoY
Net profit · FY 2025
₹1.41 Cr
Net margin 1.8%
EBITDA · FY 2025
₹5.4 Cr
EBITDA margin 6.9%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹15 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
19
Provident fund records
About GM Nexus India Private Limited
Data last updated:
GM Nexus India Private Limited is a private limited company based in Vasai, Maharashtra, India, a subsidiary of Gm Modular Private Limited. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 18 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31909MH2021PTC357287. Its GSTIN is 27AAICG9198E1Z3 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Kumarpal Babulal Banda and Jayantilal Otmal Jain.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ground Floor & 1st Floor Gala No. 1 2 101 102, Industrial Building No. 6B Survey No. 15 Hissa No. 1 Waliv Phata Vasai East Palghar, Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹78.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.41 Cr (net margin 1.8%) and EBITDA of ₹5.4 Cr (EBITDA margin 6.9%).
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹15 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
GM Nexus India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-18-0254399). For more details, the company can be reached via its website gmmodular.com.
Company details
CIN U31909MH2021PTC357287
Registration Number 357287
Incorporation Date 18 March 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Gm Modular Private Limited
MSME Classification MSME
Udyam Registration UDYAM-MH-18-0254399
Key People
Kumarpal Babulal Banda Director Jayantilal Otmal Jain Director Ramesh Kumar Jain Director Recognitions & Rankings of GM Nexus India
Contact details
GM Nexus India Private Limited's registered office is in Vasai, Maharashtra. Its website is gmmodular.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressGround Floor & 1st Floor Gala No. 1 2 101 102, Industrial Building No. 6B Survey No. 15 Hissa No. 1 Waliv Phata Vasai East Palghar, Maharashtra, India – 401208
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of GM Nexus India Private Limited, buy the company report.
Comprehensive company report
GM Nexus India 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
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Business activity
The main business activity of GM Nexus India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of GM Nexus India Private Limited, buy the company report.
Financials of GM Nexus India Private Limited
FY 2025 filings availableGM Nexus India Private Limited reported revenue of ₹78.77 Cr (up 374% YoY) for FY 2025.
Revenue · FY 2025
₹78.77 Cr ▲ 374%
Net profit · FY 2025
₹1.41 Cr margin 1.8%
EBITDA · FY 2025
₹5.4 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 374%
Revenue rose 374% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.41 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 GM Nexus India Private Limited, buy the company report.
Board of directors of GM Nexus India Private Limited
GM Nexus India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumarpal Babulal Banda | Director | 17 Jun 2023 | 3 Years 4 Months | Current |
| Jayantilal Otmal Jain Also directs: GM Elektra Private Limited, GM Modular Private Limited, GM Cables & Switches Private Limited and 1 more | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
| Ramesh Kumar Jain | Director | 18 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
GM Nexus India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Genius Electricals and Electronics Private Limited | ₹79.28 Cr (FY 2024) | -5.0% | New Delhi, Delhi, India | |||
| M.R.Organisation Limited | ₹79.2 Cr (FY 2025) | 14.0% | Ahmedabad, Gujarat, India | |||
| Ohm Energy Management Sys Private Limited | ₹79.17 Cr (FY 2025) | 35.0% | Chennai, Tamil Nadu, India | |||
| KWW Electricals & Electronics Private Limited | ₹78.99 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Hardrock Fabrication Private Limited | ₹78.95 Cr (FY 2024) | 1.0% | Kolkata, West Bengal, India | |||
| GM Nexus India Private Limitedthis company | ₹78.77 Cr (FY 2025) | ₹1.41 Cr | 1.8% | 374.0% | Vasai, Maharashtra, India | |
| Streparava India Private Limited | ₹78.73 Cr (FY 2025) | -8.0% | Bangalore, Karnataka, India | |||
| Valiant-Tms Systems Private Limited | ₹78.58 Cr (FY 2025) | 107.0% | Pune, Maharashtra, India | |||
| Alikraft Engineers Private Limited | ₹78.51 Cr (FY 2024) | 41.0% | Vadodara, Gujarat, India | |||
| Q Green Techcon Limited | ₹78.45 Cr (FY 2025) | 52.0% | Padhariya, Gujarat, India | |||
| Vaayu Shanti Solutions Private Limited | ₹78.39 Cr (FY 2025) | 51.0% | Rourkela, Odisha, India |
To see the full peer comparison of GM Nexus India Private Limited, buy the company report.
Auditor
GM Nexus India Private Limited is audited by S C V J & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S C V J & Associates | FY 2023 | 148419W |
Shareholding
The shareholding of GM Nexus India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GM Nexus India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹15 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jan 2026 | 101222147 | Hdfc Bank Limited | ₹15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
GM Nexus India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Durg, Chhattisgarh | Court case (RCC) | Filed against the company by Polybond Insulation Pvt. Ltd. | Disposed |
To see the full case history of GM Nexus India 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GM Nexus India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GM Nexus India has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICG9198E1Z3 | Maharashtra | Active | 19 Jun 2023 |
| 37AAICG9198E1Z2 | Andhra Pradesh | Active | 10 Aug 2023 |
| 36AAICG9198E1Z4 | Telangana | Active | 12 Jan 2024 |
To see the full GST registrations and return filing status of GM Nexus India Private Limited, buy the company report.
Recent activity
GM Nexus India Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Kumarpal Babulal Banda ceased to be Additional Director on 29 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.00 Cr with Charge ID 101222147 was registered on 16 Jan 2026.
AGM
Gm Nexus India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gm Nexus India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii.
Ceased
Kumarpal Babulal Banda ceased to be Additional Director.
Appointed
Kumarpal Babulal Banda was appointed as Director.
Appointed
Jayantilal Otmal Jain was appointed as Director.
Appointed
Ramesh Kumar Jain was appointed as Director.
Incorporation
18 Mar 2021
Gm Nexus India Private Limited was registered on 18 Mar 2021 with Roc Mumbai Ii & aged 5 years 7 months as per MCA records.
Frequently asked questions
GM Nexus India is an active private limited company based in Vasai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 18 March 2021 (5+ years old) and is registered under CIN U31909MH2021PTC357287.
GM Nexus India has 3 current directors:
- Kumarpal Babulal Banda - Director
- Jayantilal Otmal Jain - Director
- Ramesh Kumar Jain - Director
The latest financial statements of GM Nexus India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of GM Nexus India is 27AAICG9198E1Z3, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 37AAICG9198E1Z2 (Andhra Pradesh), 36AAICG9198E1Z4 (Telangana).
The CIN (Corporate Identification Number) of GM Nexus India is U31909MH2021PTC357287. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Nexus India has 1 court case on record: 1 filed against it.
GM Nexus India was incorporated on 18 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of GM Nexus India by revenue are Genius Electricals and Electronics Private Limited, M.R.Organisation Limited, Ohm Energy Management Sys Private Limited, KWW Electricals & Electronics Private Limited, Hardrock Fabrication Private Limited and 5 more, all in the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kumarpal Babulal Banda ceased to be Additional Director on 29 Sep 2023. Kumarpal Babulal Banda was appointed as Director on 17 Jun 2023. Jayantilal Otmal Jain was appointed as Director on 18 Mar 2021. GM Nexus India has 4 board changes on record in total.
Yes, GM Nexus India is registered as an MSME under Udyam registration (number: UDYAM-MH-18-0254399).
GM Nexus India can be reached through the website gmmodular.com. Its registered office is in Vasai, Maharashtra, India.
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