DPIIT recognised startup Government of India
Startup India
Netcon Enterprise Private Limited
Netcon Enterprise Private Limited - manufacturing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.93 Cr
▼ 70% YoY
Net profit · FY 2024
₹5.05 Lakh
Net margin 2.6%
EBITDA · FY 2024
₹20.09 Lakh
EBITDA margin 10.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹60 Lakh
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
About Netcon Enterprise Private Limited
Data last updated:
Netcon Enterprise Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 14 August 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN2021PTC145501. Its GSTIN is 33AAHCN7550Q1ZV (Tamil Nadu).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Radhakrishnan Nirmal (Managing Director) and Jyothi Shivan Nambiar (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.430A Bajanai Koil Street Kadhirvedu Puzhal Thiruvallur, Chennai, Tamil Nadu, India – 600066.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.93 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹5.05 Lakh (net margin 2.6%) and EBITDA of ₹20.09 Lakh (EBITDA margin 10.4%).
As per MCA filings, the company has open charges of ₹60 Lakh on record.
Netcon Enterprise Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0023958).
Company details
CIN U29309TN2021PTC145501
Registration Number 145501
Incorporation Date 14 August 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TN-24-0023958
CIN history
Netcon Enterprise has one previous CIN (Corporate Identification Number): U29309TN2021OPC145501. The current CIN is U29309TN2021PTC145501, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29309TN2021PTC145501 | Current |
| U29309TN2021OPC145501 | Previous |
Recognitions & Rankings of Netcon Enterprise
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-24-0023958
Contact details
Netcon Enterprise Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.430A Bajanai Koil Street Kadhirvedu Puzhal Thiruvallur, Chennai, Tamil Nadu, India – 600066
- IndustryManufacturing, Cable & Wire
To see the full contact details of Netcon Enterprise Private Limited, buy the company report.
Comprehensive company report
Netcon Enterprise 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 Netcon Enterprise is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Netcon Enterprise Private Limited, buy the company report.
Financials of Netcon Enterprise Private Limited
FY 2024 filings availableNetcon Enterprise Private Limited reported revenue of ₹1.93 Cr (down 70% YoY) for FY 2024.
Revenue · FY 2024
₹1.93 Cr ▼ 70%
Net profit · FY 2024
₹5.05 Lakh margin 2.6%
EBITDA · FY 2024
₹20.09 Lakh margin 10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
EBITDA CAGR growth
1 year
▼ 24%
Revenue fell 70% in the latest year. EBITDA fell 24% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹20.09 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.05 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 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10.4% | ||
| Net Profit Margin | 2.6% | ||
| 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 Netcon Enterprise Private Limited, buy the company report.
Board of directors of Netcon Enterprise Private Limited
Netcon Enterprise has 2 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 |
|---|---|---|---|---|
| Jyothi Shivan Nambiar | Whole-Time Director | 14 Aug 2021 | 5 Years 2 Months | Current |
| Radhakrishnan Nirmal Also directs: Lipikraft Private Limited, Dextan Systems Private Limited | Managing Director | 01 Nov 2022 | 3 Years 11 Months | Current |
Auditor
Netcon Enterprise Private Limited is audited by K M SUNDARAM for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K M SUNDARAM | FY 2023 | 021596 |
Shareholding
The shareholding of Netcon Enterprise Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Netcon Enterprise Private Limited, buy the company report.
Charges & borrowings
Open charges
₹60 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jul 2022 | 100608139 | Others | ₹60 Lakh | Open |
To see the full charge records of Netcon Enterprise Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Netcon Enterprise 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 Netcon Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Netcon Enterprise has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAHCN7550Q1ZV | Tamil Nadu | Active | 20 Sep 2021 |
To see the full GST registrations and return filing status of Netcon Enterprise Private Limited, buy the company report.
Recent activity
Netcon Enterprise Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Radhakrishnan Nirmal ceased to be Additional Director on 29 Sep 2023.
AGM
Netcon Enterprise Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Netcon Enterprise Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Others of Rs. 60.00 Lakh registered on 13 Jul 2022 with Charge ID 100608139 was modified on 30 Nov 2023.
Ceased
Radhakrishnan Nirmal ceased to be Additional Director.
Appointed
Radhakrishnan Nirmal was appointed as Managing Director.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100608139 was registered on 13 Jul 2022.
Appointed
Jyothi Shivan Nambiar was appointed as Whole-Time Director.
Incorporation
14 Aug 2021
Netcon Enterprise Private Limited was registered on 14 Aug 2021 with Roc Chennai & aged 5 years 2 months as per MCA records.
Frequently asked questions
Netcon Enterprise is an active private limited company based in Chennai, Tamil Nadu, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 14 August 2021 (5+ years old) and is registered under CIN U29309TN2021PTC145501.
Netcon Enterprise has 2 current directors:
- Radhakrishnan Nirmal - Managing Director
- Jyothi Shivan Nambiar - Whole-Time Director
The latest financial statements of Netcon Enterprise on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Netcon Enterprise is 33AAHCN7550Q1ZV, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Netcon Enterprise is U29309TN2021PTC145501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Netcon Enterprise was incorporated on 14 August 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Radhakrishnan Nirmal ceased to be Additional Director on 29 Sep 2023. Radhakrishnan Nirmal was appointed as Managing Director on 01 Nov 2022. Jyothi Shivan Nambiar was appointed as Whole-Time Director on 14 Aug 2021.
Yes, Netcon Enterprise is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Netcon Enterprise is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-24-0023958).
The registered office of Netcon Enterprise is at No.430A Bajanai Koil Street Kadhirvedu Puzhal Thiruvallur, Chennai, Tamil Nadu, India – 600066.