Nectar Steel Cast Pvt Ltd
About Nectar Steel Cast Pvt Ltd
Data last updated:
Nectar Steel Cast Pvt Ltd was a private limited company based in Aurangabad, Maharashtra, 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 metalworking segment of the metals and mining sector. It was incorporated on 06 June 1991.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1991PTC061979. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Mahavir Manikchand Sethi and Manikchand Narayandas Sethi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Plot No. E 62 MIDC Waluj, Aurangabad, Maharashtra, India – 431133.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.38 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹4.49 Lakh (net margin 0.7%) and EBITDA of ₹86.64 Lakh (EBITDA margin 13.6%).
As per MCA filings, the company had satisfied charges of ₹3.3 Cr on record. Court records list 9 cases involving the company, including 9 filed against it.
Company details
Contact details
Nectar Steel Cast Pvt Ltd's registered office is in Aurangabad, Maharashtra.
- Registered AddressPlot No. E 62 MIDC Waluj, Aurangabad, Maharashtra, India – 431133
- IndustryMetal & Minerals, Metalworking
- 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 activity of Nectar Steel Cast is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Nectar Steel Cast Pvt Ltd, buy the company report.
Financials of Nectar Steel Cast Pvt Ltd
FY 2016 filings availableNectar Steel Cast Pvt Ltd reported revenue of ₹6.38 Cr (down 15% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA rose 69% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹86.64 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹4.49 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 13.6% | |
| Net Profit Margin | 0.7% | |
| 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 Nectar Steel Cast Pvt Ltd, buy the company report.
Board of directors of Nectar Steel Cast Pvt Ltd
Nectar Steel Cast has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahavir Manikchand Sethi | Director | 06 Jun 1991 | 35 Years 5 Months | As last reported |
| Manikchand Narayandas Sethi | Director | 06 Jun 1991 | 35 Years 5 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2004 | 90165565 | Others | ₹3.3 Cr | Satisfied |
To see the full charge records of Nectar Steel Cast Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nectar Steel Cast Pvt Ltd has 9 court cases on record: 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 9 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Altech Alloys India Pvt. Ltd. , Authorised Signatory Rahul Balasaheb Desai | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Oswal Minerals Limited Rep by Its Authorised Signatory Mr. Rajendra Kumar Jain | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ms Oswal Minerals Limited Rep by Its Authorised Signatory Mr. Rajendra Kumar Jain | Disposed |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by M/S Oswal Minerals Limited | Disposed |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by M/S Shree Enterprises | Disposed |
To see the full case history of Nectar Steel Cast Pvt Ltd, 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 Nectar Steel Cast Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nectar Steel Cast has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Nectar Steel Cast Pvt Ltd, buy the company report.
Recent activity
Nectar Steel Cast Pvt Ltd has 4 board changes on record since 1991: 2 appointments and 2 cessations. The latest: Prakashchand Manikchand Sethi ceased to be Director on 22 Jun 2014.
Frequently asked questions
Nectar Steel Cast 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.
Nectar Steel Cast was a private limited company based in Aurangabad, Maharashtra, India. The company worked in metalworking, within the metal and minerals industry. It was incorporated on 06 June 1991 and is registered under CIN U99999MH1991PTC061979. The company has been struck off by the Registrar of Companies and is no longer operational.
Nectar Steel Cast had 2 directors:
- Mahavir Manikchand Sethi - Director
- Manikchand Narayandas Sethi - Director
The CIN (Corporate Identification Number) of Nectar Steel Cast is U99999MH1991PTC061979. 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 Nectar Steel Cast is at Plot No. E 62 MIDC Waluj, Aurangabad, Maharashtra, India – 431133.
Nectar Steel Cast was incorporated on 06 June 1991. It is registered with the Registrar of Companies, Mumbai.
The latest financial statements of Nectar Steel Cast on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Nectar Steel Cast has 1 GST registration on record and it is cancelled or inactive.
Nectar Steel Cast operated in the metal and minerals industry, in the metalworking segment. It worked in this industry before it was struck off.
Nectar Steel Cast has 9 court cases on record: 9 filed against it.
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