About Nester Corn Products Private Limited
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Nester Corn Products Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the animal feeds segment of the agriculture sector. It was incorporated on 13 December 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U15490TG2007PTC056670. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.95 Cr. It is led by directors including Bhavesh Vedant (Managing Director) and Santoshpai Karkala.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at D. No. 4 – 1 – 921 First Floor Opp Reddy Hostel Tilak Road Abids, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2015, the company reported a revenue of ₹14.84 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹99.38 Lakh (net margin -6.7%) and EBITDA of ₹1.76 Cr (EBITDA margin 11.8%).
As per MCA filings, the company has open charges of ₹15.26 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website nester.co.in.
Company details
CIN history
Nester Corn Products has one previous CIN (Corporate Identification Number): U15490AP2007PTC056670. The current CIN is U15490TG2007PTC056670, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15490TG2007PTC056670 | Current |
| U15490AP2007PTC056670 | Previous |
Contact details
Nester Corn Products Private Limited's registered office is in Hyderabad, Telangana. Its website is nester.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressD. No. 4 – 1 – 921 First Floor Opp Reddy Hostel Tilak Road Abids, Hyderabad, Telangana, India – 500001
- IndustryAgriculture, Animal Feeds
To see the full contact details of Nester Corn Products 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
Financials of Nester Corn Products Private Limited
FY 2015 filings availableNester Corn Products Private Limited reported revenue of ₹14.84 Cr (up 336% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 336% in the latest year. EBITDA rose 756% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹14.84 Cr |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹1.76 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹99.38 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 11.8% |
| Net Profit Margin | -6.7% |
| 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 Nester Corn Products Private Limited, buy the company report.
Board of directors of Nester Corn Products Private Limited
Nester Corn Products has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santoshpai Karkala | Director | 11 Dec 2009 | 16 Years 10 Months | Current |
| Manojkumar Jethalal Kataria | Director | 13 Dec 2007 | 18 Years 10 Months | Current |
| Jethalal Jairam Kataria | Director | 13 Dec 2007 | 18 Years 10 Months | Current |
| Mohanlal Bhavanji Vedant | Director | 13 Dec 2007 | 18 Years 10 Months | Current |
| Bhavesh Vedant | Managing Director | 13 Dec 2007 | 18 Years 10 Months | Current |
Auditor
Nester Corn Products Private Limited is audited by SANKAR & RAJA for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANKAR & RAJA | FY 2015 | 006601S |
Shareholding
The shareholding of Nester Corn Products Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nester Corn Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2011 | 10280971 | State Bank of India | ₹15.26 Cr | Open |
To see the full charge records of Nester Corn Products Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Nester Corn Products Private Limited has 3 court cases on record: 3 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by an individual | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by an individual | Disposed |
| High Court for State of Telangana | Writ petition | Filed against the company | Disposed |
To see the full case history of Nester Corn Products 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 Nester Corn Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nester Corn Products 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 Nester Corn Products Private Limited, buy the company report.
Recent activity
Nester Corn Products Private Limited has 9 board changes on record since 2007: 5 appointments and 4 cessations. The latest: Bhavesh Vedant ceased to be Director on 30 Jun 2014.
2 earlier events are in the company report.
Frequently asked questions
Nester Corn Products is an active private limited company based in Hyderabad, Telangana, India. The company works in animal feeds, within the agriculture industry. It was incorporated on 13 December 2007 (19+ years old) and is registered under CIN U15490TG2007PTC056670.
Nester Corn Products has 5 current directors:
- Bhavesh Vedant - Managing Director
- Santoshpai Karkala - Director
- Manojkumar Jethalal Kataria - Director
- Jethalal Jairam Kataria - Director
- Mohanlal Bhavanji Vedant - Director
The latest financial statements of Nester Corn Products on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
No. Nester Corn Products has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Nester Corn Products is U15490TG2007PTC056670. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nester Corn Products has 3 court cases on record: 3 filed against it. 1 is pending. Most are in the district courts.
Nester Corn Products was incorporated on 13 December 2007, making it 19+ years old. It is registered with the Registrar of Companies, Hyderabad.
Bhavesh Vedant ceased to be Director on 30 Jun 2014. Jethalal Jairam Kataria ceased to be Managing Director on 30 Jun 2014. Santoshpai Karkala was appointed as Director on 11 Dec 2009. Nester Corn Products has 9 board changes on record in total.
Nester Corn Products can be reached through the website nester.co.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Nester Corn Products is at D. No. 4 – 1 – 921 First Floor Opp Reddy Hostel Tilak Road Abids, Hyderabad, Telangana, India – 500001.
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