About Nexgen Laminators Private Limited
Data last updated:
Nexgen Laminators Private Limited is a private limited company based in Patiala, Punjab, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 04 January 2011.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U21022PB2011PTC034561. Its GSTIN is 03AADCN5005A1ZD (Punjab).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹10 Cr. It is led by directors Sanjay Singla and Rajesh Singla.
Its last annual general meeting (AGM) was held on 23 November 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Village Farm Bahadurgarh Behind Milk Food, Patiala, Punjab, India – 147021.
As per the financials filed for FY 2019, the company reported a revenue of ₹41.14 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹3.99 Cr (net margin -9.7%) and EBITDA of -₹1.68 Cr (EBITDA margin -4.1%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
The company has about 67 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹96.07 Cr and satisfied charges of ₹37.85 Cr on record. Court records list 17 cases involving the company, including 4 filed by the company and 13 filed against it.
The last known website on record is nexgen.net.in.
Company details
Contact details
Nexgen Laminators Private Limited's registered office is in Patiala, Punjab. Its website is nexgen.net.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Farm Bahadurgarh Behind Milk Food, Patiala, Punjab, India – 147021
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Nexgen Laminators 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 activity of Nexgen Laminators is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nexgen Laminators Private Limited, buy the company report.
Financials of Nexgen Laminators Private Limited
FY 2019 filings availableNexgen Laminators Private Limited reported revenue of ₹41.14 Cr (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 36% fall in the latest year. EBITDA rose 74% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.14 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.68 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.99 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.1% | ||||
| Net Profit Margin | -9.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Nexgen Laminators Private Limited, buy the company report.
Board of directors of Nexgen Laminators Private Limited
Nexgen Laminators has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Singla Also directs: Goodearth Infrastructure Development Private Limited | Director | 04 Jan 2011 | 15 Years 9 Months | As last reported |
| Rajesh Singla Also directs: Goodearth Infrastructure Development Private Limited | Director | 04 Jan 2011 | 15 Years 9 Months | As last reported |
Auditor
Nexgen Laminators Private Limited is audited by ANJU BALA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANJU BALA & ASSOCIATES | FY 2019 | 028630N |
Shareholding
The shareholding of Nexgen Laminators Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Nexgen Laminators Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 May 2015 | 10600854 | Canara Bank | ₹18.9 Cr | Open | |
| 12 Nov 2012 | 10385694 | Small Industries Development Bank of India | ₹16.6 Cr | Open | |
| 12 Nov 2012 | 10388158 | Small Industries Development Bank of India | ₹3.4 Cr | Open | |
| 03 Oct 2012 | 10386659 | State Bank of Patiala | ₹43.65 Cr | Open | |
| 06 Aug 2012 | 10368820 | Small Industries Development Bank of India | ₹2.52 Cr | Open |
To see the full charge records of Nexgen Laminators Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Nexgen Laminators Private Limited has 17 court cases on record: 4 filed by Nexgen Laminators, 13 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 8 | 0 |
| High courts | 5 | 2 | 0 |
| NCLAT | 2 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Execution petition | Filed against the company by Rahat Continental Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed against the company by Ms Rahat Continental Pvt Ltd | Disposed |
| District court, Patiala, Punjab | Commercial suit | Filed by the company against SRS Meditech Ltd | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by an individual | Disposed |
| NCLT, Chandigarh | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Nexgen Laminators 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 Nexgen Laminators Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nexgen Laminators Private Limited has a workforce of 67 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Nexgen Laminators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCN5005A1ZD | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexgen Laminators Private Limited, buy the company report.
Recent activity
Nexgen Laminators Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Rajesh Singla was appointed as Director on 04 Jan 2011.
15 earlier events are in the company report.
Frequently asked questions
Nexgen Laminators is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Nexgen Laminators is a company under insolvency, formerly operating as a private limited company based in Patiala, Punjab, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 04 January 2011 and is registered under CIN U21022PB2011PTC034561. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nexgen Laminators has 2 current directors:
- Sanjay Singla - Director
- Rajesh Singla - Director
The latest financial statements of Nexgen Laminators on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 23 November 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nexgen Laminators is U21022PB2011PTC034561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexgen Laminators has open charges of ₹96.07 Cr and satisfied charges of ₹37.85 Cr as per latest MCA filings.
Nexgen Laminators has 17 court cases on record: 4 filed by the company and 13 filed against it. Most are in the district courts.
Nexgen Laminators was incorporated on 04 January 2011. It is registered with the Registrar of Companies, Chandigarh.
Rajesh Singla was appointed as Director on 04 Jan 2011. Sanjay Singla was appointed as Director on 04 Jan 2011.
Nexgen Laminators can be reached through the website nexgen.net.in. Its registered office is in Patiala, Punjab, India.