About Nascent Equipment Technology Private Limited
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Nascent Equipment Technology Private Limited was a private limited company based in Chittranjan Park, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 12 March 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U29253DL2010PTC200009. Its GSTIN is 10AADCN2383B1Z5 (Bihar). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sangeeta Singh and Manoj Singh.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at Shop No. 29 Market No. 4, Chittranjan Park, Delhi, India – 110019.
As per the financials filed for FY 2018, the company reported a revenue of ₹73.83 Lakh, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹1.42 Lakh (net margin 1.9%) and EBITDA of ₹7.43 Lakh (EBITDA margin 10.1%). Revenue has declined at a compounded annual rate (CAGR) of 41% over three years.
The last known website on record is nascentequipment.com.
Company details
Contact details
Nascent Equipment Technology Private Limited's registered office is in Chittranjan Park, Delhi. Its website is nascentequipment.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No. 29 Market No. 4, Chittranjan Park, Delhi, India – 110019
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Nascent Equipment Technology 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
Business activity
The main business activities of Nascent Equipment Technology are trade and construction. In detail, this covers wholesale trading and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Nascent Equipment Technology Private Limited, buy the company report.
Financials of Nascent Equipment Technology Private Limited
FY 2018 filings availableNascent Equipment Technology Private Limited reported revenue of ₹73.83 Lakh (down 65% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over three years, including a 65% fall in the latest year. EBITDA fell 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹7.43 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.42 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | ||||
| EBITDA Margin | 10.1% | |||
| Net Profit Margin | 1.9% | |||
| Return on Equity (ROE) | ||||
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| Return on Assets (ROA) | ||||
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| Net Profit Growth | ||||
To see the full financial statements and ratios of Nascent Equipment Technology Private Limited, buy the company report.
Board of directors of Nascent Equipment Technology Private Limited
Nascent Equipment Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sangeeta Singh | Director | 12 Mar 2010 | 16 Years 7 Months | As last reported |
| Manoj Singh | Director | 12 Mar 2010 | 16 Years 7 Months | As last reported |
Auditor
Nascent Equipment Technology Private Limited is audited by O P PAL & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O P PAL & CO | FY 2017 | 022889N |
Shareholding
The shareholding of Nascent Equipment Technology Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nascent Equipment Technology Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nascent Equipment Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nascent Equipment Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nascent Equipment Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AADCN2383B1Z5 | Bihar | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nascent Equipment Technology Private Limited, buy the company report.
Recent activity
Nascent Equipment Technology Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Dhiraj Singh Patel ceased to be Director on 10 Mar 2019.
Frequently asked questions
Nascent Equipment Technology has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nascent Equipment Technology was a private limited company based in Chittranjan Park, Delhi, India. The company worked in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 12 March 2010 and is registered under CIN U29253DL2010PTC200009. The company has been struck off by the Registrar of Companies and is no longer operational.
Nascent Equipment Technology had 2 directors:
- Sangeeta Singh - Director
- Manoj Singh - Director
The CIN (Corporate Identification Number) of Nascent Equipment Technology is U29253DL2010PTC200009. 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 Nascent Equipment Technology is at Shop No. 29 Market No. 4, Chittranjan Park, Delhi, India – 110019.
Nascent Equipment Technology was incorporated on 12 March 2010. It is registered with the Registrar of Companies, Delhi.
Nascent Equipment Technology can be reached through the website nascentequipment.com. Its registered office is in Chittranjan Park, Delhi, India.
The latest financial statements of Nascent Equipment Technology on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Nascent Equipment Technology is 10AADCN2383B1Z5, registered in Bihar. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Nascent Equipment Technology operated in the consumer electronics and durables industry, in the furniture manufacturing segment. It worked in this industry before it was struck off.