About Nexocare Biotech Private Limited
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Nexocare Biotech Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232CH2015PTC035400. Its GSTIN is 04AAECN8461H1ZE (Chandigarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.2 Lakh. It is led by directors Babli and Suresh Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Scf 303 2nd Floor Motor Market Manimajra, Chandigarh, India – 160101.
As per the financials filed for FY 2020, the company reported a revenue of ₹85.27 Lakh, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹5.39 Lakh (net margin -6.3%) and EBITDA of -₹4.42 Lakh (EBITDA margin -5.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 224% over five years.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nexocarebiotech.in.
Company details
Contact details
Nexocare Biotech Private Limited's registered office is in Chandigarh, Chandigarh. Its website is nexocarebiotech.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressScf 303 2nd Floor Motor Market Manimajra, Chandigarh, India – 160101
- IndustryPharma, Drug Formulation & Development, Pharma Contract R&D
To see the full contact details of Nexocare Biotech 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 Nexocare Biotech 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 Nexocare Biotech Private Limited, buy the company report.
Financials of Nexocare Biotech Private Limited
FY 2020 filings availableNexocare Biotech Private Limited reported revenue of ₹85.27 Lakh (down 22% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 224%. EBITDA fell 370% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA | -₹4.42 Lakh | ||||
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| Net Profit (PAT) | -₹5.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
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| EBITDA Margin | -5.2% | ||||
| Net Profit Margin | -6.3% | ||||
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To see the full financial statements and ratios of Nexocare Biotech Private Limited, buy the company report.
Board of directors of Nexocare Biotech Private Limited
Nexocare Biotech has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Babli | Director | 09 Feb 2021 | 5 Years 8 Months | Current |
| Suresh Kumar | Director | 30 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Nexocare Biotech Private Limited is audited by VISHAL CHITKARA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VISHAL CHITKARA & ASSOCIATES | FY 2019 | 012301N |
Shareholding
The shareholding of Nexocare Biotech Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nexocare Biotech Private Limited, buy the company report.
Legal cases
Nexocare Biotech Private Limited has 3 court cases on record: 1 filed by Nexocare Biotech, 2 filed against it. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solan, Himachal Pradesh | Cheque dishonour complaint | Filed against the company by M/S Magnatek Enterprises | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed against the company by M/S Arvin Care | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against individuals | Disposed |
To see the full case history of Nexocare Biotech 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 Nexocare Biotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nexocare Biotech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAECN8461H1ZE | Chandigarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nexocare Biotech Private Limited, buy the company report.
Recent activity
Nexocare Biotech Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Sethi Ram ceased to be Director on 19 Feb 2021.
Frequently asked questions
Nexocare Biotech is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 January 2015 (11+ years old) and is registered under CIN U24232CH2015PTC035400.
Nexocare Biotech has 2 current directors:
- Babli - Director
- Suresh Kumar - Director
The latest financial statements of Nexocare Biotech on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Nexocare Biotech is 04AAECN8461H1ZE, registered in Chandigarh.
The CIN (Corporate Identification Number) of Nexocare Biotech is U24232CH2015PTC035400. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nexocare Biotech has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Nexocare Biotech was incorporated on 30 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Sethi Ram ceased to be Director on 19 Feb 2021. Babli was appointed as Director on 09 Feb 2021. Babli ceased to be Additional Director on 07 Mar 2020. Nexocare Biotech has 6 board changes on record in total.
Nexocare Biotech can be reached through the website nexocarebiotech.in. Its registered office is in Chandigarh, India.
The registered office of Nexocare Biotech is at Scf 303 2nd Floor Motor Market Manimajra, Chandigarh, India – 160101.
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