About Ncdex E Markets Limited
Data last updated: 06 March 2026
Ncdex E Markets Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of National Commodity And Derivatives Exchange Limited. It specialises in general e-commerce platforms, a part of the broader e-commerce sector. Incorporated on 18 October 2006, the company has been in operation for over 20 years.
Registered with ROC Mumbai under CIN U93090MH2006PLC165172.
Capital: an authorised share capital of ₹50 Cr and a paid-up capital of ₹35.6 Cr. Formerly known as Ncdex Spot Exchange Limited. It is led by directors including Siddharth Shekhar Singh and Rajiv Jalota.
Last AGM: 29 July 2025. Financial statements filed for year ended 31 March 2025. Office: 101 T First Floor Ackruti Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.61 Cr, a decline of 2% compared to the previous year.
The company has a workforce of approximately 273 employees as per the latest available data. It operates as a subsidiary of National Commodity And Derivatives Exchange Limited.
The company is associated with 1 brand - Neml. As per MCA filings, the company has open charges of ₹1.55 Cr and satisfied charges of ₹10 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neml.in.
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Registered AddressUnit No.101 & 101 T First Floor Ackruti Corporate Park L.B.S Marg Next To Ge Garden Kanj, Urmarg (W), Mumbai, Maharashtra, India – 400079
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IndustryE-Commerce, General E-Commerce Platforms
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Ncdex E Markets Limited
Ncdex E Markets Limited operates one associated brand: NeML. These brands represent Ncdex E Markets Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Ncdex E Markets Limited
Brands and companies operating in the same space as Ncdex E Markets Limited include BigHaat, Farmsurge, Gramsetu and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
BigHaat
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Quality agri-inputs and information are delivered through an e-commerce platform. | Bengaluru, India, India | 2015 |
Farmsurge
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Digital platform connecting farmers to farm input sellers and to farm produce buyers | Mangaluru, India, India | 2016 |
Gramsetu
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Farming consultancy and ecommerce platform for agro products are offered. | Pune, India, India | 2017 |
Navankur
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Online platform offering farm inputs and consultancy services for farmers | Delhi, India, India | 2021 |
Kisan Meri Shaan
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Agricultural commodities are traded through a digital platform for farmers. | Bengaluru, India, India | 2016 |
Lennden
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Operates an agri-commodity marketplace connecting traders, brokers, millers, buyers, and wholesalers. | Mumbai, India, India | 2020 |
Bagayat Bazaar
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An app-based marketplace featuring a wide range of agricultural products. | India | 2020 |
DesiKheti
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An agri-tech platform providing agricultural inputs for farmers. | Guntur, India, India | 2023 |
Business Activity of Ncdex E Markets Limited
Ncdex E Markets Limited is engaged in principal business activities including financial and insurance service and information and communication, with detailed activities including other financial activities, computer programming, consultancy and related activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Ncdex E Markets Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
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Auditor Details of Ncdex E Markets Limited
Ncdex E Markets Limited is audited by K. S. Aiyar & Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| K. S. Aiyar & Co | Locked | Locked | Locked |
Complete auditor history for Ncdex E Markets Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Ncdex E Markets Limited
Ncdex E Markets Limited is currently managed by 6 directors, with 36 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
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| Siddharth Shekhar Singh | Director | 16 May 2022 | 4 Years 2 Months | Current |
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Rajiv Jalota
Also directs:
Dredging Corporation Of India Limited, The Supreme Industries Limited, Edelweiss Financial Services Limited and 1 more
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Additional Director | 30 Sep 2025 | 0 Years 10 Months | Current |
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Narayanan Sadanandan
Also directs:
Allied Blenders And Distillers Limited, Prabha Energy Limited, Avenuesai Limited and 2 more
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Additional Director | 30 Sep 2025 | 0 Years 10 Months | Current |
| Dinesh Kumar Mehrotra | Director | 16 May 2025 | 1 Years 2 Months | Current |
| Sanjeev Rohilla | Director | 08 Feb 2025 | 1 Years 6 Months | Current |
| Praveen Rudraiah Hiremath | Managing Director | 15 Jul 2024 | 2 Years 0 Months | Current |
Financials of Ncdex E Markets Limited FY 2025 filings available
Ncdex E Markets Limited reported revenue of ₹53.61 Cr (down 2.00% YoY) for FY 2025.
Ten-year financial statements for Ncdex E Markets Limited
Historical statement values and trend charts require an active report plan.
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Ownership and Shareholding of Ncdex E Markets Limited
Shareholding and ownership data for Ncdex E Markets Limited
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Group Structure of Ncdex E Markets Limited
Ncdex E Markets Limited has 2 joint ventures. This group structure data is as of FY 2023. The corporate group structure reflects Ncdex E Markets Limited's business expansion strategy and organizational complexity.
Charges & Borrowings of Ncdex E Markets Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Sep 2025 | Axis Bank Limited | ₹1.35 Cr | Open |
| 29 Jun 2022 | Others | ₹10 Lakh | Open |
| 02 Mar 2022 | Citi Bank N.A. | ₹10 Lakh | Open |
| 19 Sep 2019 | State Bank of India | ₹10 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Ncdex E Markets Limited
Ncdex E Markets Limited has a workforce of 273 employees as of Sep 23, 2025.
Employee and EPFO history for Ncdex E Markets Limited
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GST Compliance of Ncdex E Markets Limited
GST registrations and filing compliance for Ncdex E Markets Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
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Credit Ratings, Litigation & Regulatory Alerts for Ncdex E Markets Limited
Credit ratings, litigation, and regulatory alerts for Ncdex E Markets Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
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MSME Payment Delays by Ncdex E Markets Limited
MSME payment history for Ncdex E Markets Limited
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- Outstanding amounts
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Subsidiaries & Group Companies of Ncdex E Markets Limited
Corporate group structure for Ncdex E Markets Limited
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MCA Filings & Documents of Ncdex E Markets Limited
MCA filings and documents for Ncdex E Markets Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Ncdex E Markets Limited
Recent News on Ncdex E Markets Limited
Frequently Asked Questions about Ncdex E Markets Limited
Ncdex E Markets Limited is an active public limited company in the e-commerce sector based in Mumbai, Maharashtra, India. It was incorporated on 18 October 2006 (20+ years old) and is registered under CIN U93090MH2006PLC165172. The company has 273 employees.
Ncdex E Markets Limited reported revenue of ₹53.61 Cr for FY 2025 (down 2.00% YoY).
The current directors of Ncdex E Markets Limited are:
- Siddharth Shekhar Singh - Director
- Rajiv Jalota - Additional Director
- Narayanan Sadanandan - Additional Director
- Dinesh Kumar Mehrotra - Director
- Sanjeev Rohilla - Director
- Praveen Rudraiah Hiremath - Managing Director
The primary industry of Ncdex E Markets Limited is e-commerce. The company specifically operates in general e-commerce platforms. The company is currently active in this sector.
Ncdex E Markets Limited can be reached at the registered office: Unit No.101 & 101 T First Floor Ackruti Corporate Park L.B.S Marg Next To Ge Garden Kanj, Urmarg W, Mumbai, Maharashtra, India – 400079, or through the website neml.in.
The authorised capital is ₹50 Cr, and the paid-up capital is ₹35.6 Cr.