Nexteer Automotive India Private Limited - Company Profile

It is a automotive private limited company based in Bangalore, Karnataka, India, established in 2008.

2008 Bangalore, Karnataka, India Active

Last Updated: January 11, 2026

About Nexteer Automotive India Private Limited

Nexteer Automotive India Private Limited, a active private limited company, was established on 25 February 2008 in Bangalore, Karnataka, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U35990KA2008PTC045400. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹40.00 Cr and a paid-up capital of ₹20.79 Cr.

Formerly known as Rhodes India Automotive Private Limited. It upholds a compliant status. Employing 1,400 professional, Its leadership includes Madhav Shantaram Kulkarni (Managing Director), Pralhadrao Mujumdar (Director). Past directors included Madhav Shantaram Kulkarni, Joseph Michael Perkins, Rafal Zdzislaw Wyszomirski. It holds ₹65.00 Cr open charges and no settled loans. Its latest AGM occurred on 17 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No. 98A, Phase Ii, Kiadb Industrial Area, Jigani Anekal Taluk, Bangalore, Karnataka, 560105.

Company Details

CIN/LLPIN
U35990KA2008PTC045400
Registration Number
045400
Incorporation Date
25 February 2008
Authorized Capital
₹40.00 Cr
Paid-Up Capital
₹20.79 Cr
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 40.00 Cr as on 11-01-2026
Paid Up Capital ₹ 20.79 Cr as on 11-01-2026
Company Age 18 Year,
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 65.00 Cr as on 11-01-2026
Revenue Growth **** 37.91% (FY 2023)
Profit Growth **** 54.06% (FY 2023)
Ebitda **** 59.71% (FY 2023)
Net Worth 37.92% (FY 2023)
Total Assets **** 32.87% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Nexteer Automotive India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Nexteer Automotive India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Madhav Shantaram Kulkarni	Managing Director	16 Nov 2009	Current
Pralhadrao Mujumdar	Director	16 Nov 2009	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	05 Feb 2010	Past
Pramod Abcsdd	Director	07 Jun 2016	Past
Pramod Abcsdd	Additional Director	22 Sep 2015	Past
Pramod Abcsdd	Director	21 May 2010	Past
Pramod Abcsdd	Director	02 Sep 2020	Past
Pramod Abcsdd	Director	01 Feb 2013	Past

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Financial Performance of Nexteer Automotive India.

Nexteer Automotive India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.91% increase. The company also saw a substantial improvement in profitability, with a 54.06% increase in profit. The company's net worth Soared by an impressive increase of 37.92%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

37.91%

*******

Revenue from Operations

*******

38.81%

*******

Total Assets

*******

32.87%

*******

Profit or Loss

*******

54.06%

*******

Net Worth

*******

37.92%

*******

EBITDA

*******

59.71%

*******

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What is the Ownership and Shareholding Structure of Nexteer Automotive India?

In 2023, Nexteer Automotive India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹650,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Axis Bank Limited : 35.00 Cr
The Hongkong And Shanghai Banking Corporation Limited : 30.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
18 May 2018	The Hongkong And Shanghai Banking Corporation Limited	₹30.00 Cr	Open
07 Jun 2010	Axis Bank Limited	₹35.00 Cr	Open

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How Many Employees Work at Nexteer Automotive India?

Nexteer Automotive India has a workforce of 1400 employees as of Mar 27, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Nexteer Automotive India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nexteer Automotive India's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Nexteer Automotive India

Recent Activity within the Organization

Annual General Meeting

Progress on Nexteer Automotive India Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records. was documented.
17 Sep 2025
Balance Sheet

The activity Nexteer Automotive India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Charges

The activity A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 30.00 Cr registered on 18 May 2018 with Charge ID 100185139 was modified on 31 Jul 2024. was completed.
31 Jul 2024
Charges

Progress on A charge with Axis Bank Limited of Rs. 35.00 Cr registered on 07 Jun 2010 with Charge ID 10227919 was modified on 30 Jul 2024. was documented.
30 Jul 2024
Director Appointment

Progress on Jyotsana Aidasani was appointed as a Company Secretary was appointed as a Company Secretary on 04 Jul 2022 & has been associated with this company since 3 years 7 months . was documented.
04 Jul 2022
Charges

The activity A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 30.00 Cr with Charge ID 100185139 was registered on 18 May 2018. was completed.
18 May 2018

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Frequently Asked Questions

What is the CIN of Nexteer Automotive India Private Limited?

The CIN of Nexteer Automotive India Private Limited is U35990KA2008PTC045400.

Where is Nexteer Automotive India Private Limited headquartered?

Nexteer Automotive India Private Limited is headquartered at Plot No. 98A, Phase Ii, Kiadb Industrial Area, Jigani Anekal Taluk, Bangalore, Karnataka, 560105.

When was Nexteer Automotive India Private Limited incorporated?

Nexteer Automotive India Private Limited was incorporated on 25 February 2008.

Who are the current directors of Nexteer Automotive India Private Limited?

The current directors of Nexteer Automotive India Private Limited are

What is the primary industry of Nexteer Automotive India Private Limited?

The primary industry of Nexteer Automotive India Private Limited is Manufacturing.

Is Nexteer Automotive India Private Limited a listed company?

Nexteer Automotive India Private Limited is unlisted.

What is the capital structure of Nexteer Automotive India Private Limited?

The authorized capital of Nexteer Automotive India Private Limited is ₹40.00 Cr, and the paid-up capital is ₹20.79 Cr.

What is the compliance status of Nexteer Automotive India Private Limited?

The compliance status of Nexteer Automotive India Private Limited is Compliant.

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