Nextgen Procon Private Limited
About Nextgen Procon Private Limited
Data last updated:
Nextgen Procon Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Skarott Investment Holdings Ltd.. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the scientific and technical activities segment of the business services sector. It was incorporated on 12 February 2014.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74140DL2014PTC264790. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors Gaurav Rakyan and Ramendra Tripathi.
Its last annual general meeting (AGM) was held on 26 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Ground Floor Commercial Tower Hotel J W Marriott Aerocity, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2017, the company reported a revenue of ₹94,346, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹4.2 Lakh (net margin -445.4%) and EBITDA of -₹4.04 Lakh (EBITDA margin -428.2%).
Court records list 7 cases involving the company, including 5 filed by the company and 2 filed against it.
Company details
Contact details
Nextgen Procon Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGround Floor Commercial Tower Hotel J W Marriott Aerocity, New Delhi, Delhi, India – 110037
- IndustryBusiness Services, Scientific And Technical Activities, Csw Professional
To see the full contact details of Nextgen Procon 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 Nextgen Procon Private Limited
FY 2017 filings availableNextgen Procon Private Limited reported revenue of ₹94,346 (down 98% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year. EBITDA rose 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹94,346 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹4.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.2 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -428.2% | ||
| Net Profit Margin | -445.4% | ||
| 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 Nextgen Procon Private Limited, buy the company report.
Board of directors of Nextgen Procon Private Limited
Nextgen Procon has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramendra Tripathi Also directs: Tripathi & Arora Associates LLP, Tripathi & Arora Advisors Private Limited, Newgen ITES Private Limited and 4 more | Additional Director | 04 Dec 2017 | 8 Years 10 Months | As last reported |
| Gaurav Rakyan Also directs: Rising Straits Capital Advisors LLP, Sheer Rising (India) LLP, Armg Diamonds Private Limited and 2 more | Director | 24 Feb 2015 | 11 Years 8 Months | As last reported |
Auditor
Nextgen Procon Private Limited is audited by SARC & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARC & ASSOCIATES | FY 2017 | 006085N |
Shareholding
The shareholding of Nextgen Procon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nextgen Procon Private Limited, buy the company report.
Legal cases
Nextgen Procon Private Limited has 7 court cases on record: 5 filed by Nextgen Procon, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 6 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed by the company against Mra Associates ;India; Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed by the company against Mra Associates (India) Private Limited | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against Mra Associates (India) Private Limited | Disposed |
| Supreme Court | Appeal | Filed against the company by M/S M.R.A Associates Pvt. Ltd. | Disposed |
| NCLAT, Court II | Tribunal matter | Filed against the company by M.R.A. Associates India Private Limited | Disposed |
To see the full case history of Nextgen Procon 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 Nextgen Procon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextgen Procon 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 Nextgen Procon Private Limited, buy the company report.
Recent activity
Nextgen Procon Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Kalyan Yanmendra Chakrabarti ceased to be Director on 05 Dec 2017.
Frequently asked questions
Nextgen Procon is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Nextgen Procon is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in scientific and technical activities, within the business services industry. It was incorporated on 12 February 2014 and is registered under CIN U74140DL2014PTC264790. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Nextgen Procon has 2 current directors:
- Ramendra Tripathi - Additional Director
- Gaurav Rakyan - Director
The latest financial statements of Nextgen Procon on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 26 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Nextgen Procon is U74140DL2014PTC264790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextgen Procon has 7 court cases on record: 5 filed by the company and 2 filed against it. Most are in the nclat.
Nextgen Procon was incorporated on 12 February 2014. It is registered with the Registrar of Companies, Delhi.
Kalyan Yanmendra Chakrabarti ceased to be Director on 05 Dec 2017. Ramendra Tripathi was appointed as Additional Director on 04 Dec 2017. Gaurav Rakyan ceased to be Additional Director on 25 Sep 2015. Nextgen Procon has 8 board changes on record in total.
The registered office of Nextgen Procon is at Ground Floor Commercial Tower Hotel J W Marriott Aerocity, New Delhi, Delhi, India – 110037.
No. Nextgen Procon has 1 GST registration on record and it is cancelled or inactive.