Nextgen Seals Private Limited
About Nextgen Seals Private Limited
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Nextgen Seals Private Limited is a private limited company based in Dehradun, Uttarakhand, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 02 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN U74999UR2019PTC009353. Its GSTIN is 05AAGCN3427K1ZF (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Veeresh Jain and Nishant Jain.
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 5A Race Course, Dehradun, Uttarakhand, India – 248001.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.49 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Lakh (net margin 1.2%) and EBITDA of ₹39.71 Lakh (EBITDA margin 15.9%). Revenue has grown at a compounded annual rate (CAGR) of 61% over three years and 81% over five years.
As per MCA filings, the company has open charges of ₹2.3 Cr on record. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in May 2022. Its 8 peer companies in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 3 smaller; the largest is Zeal Polymers Private Limited with revenue of ₹2.51 Cr.
Company details
Contact details
Nextgen Seals Private Limited's registered office is in Dehradun, Uttarakhand. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5A Race Course, Dehradun, Uttarakhand, India – 248001
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Nextgen Seals 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 Nextgen Seals is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Nextgen Seals Private Limited, buy the company report.
Financials of Nextgen Seals Private Limited
FY 2024 filings availableNextgen Seals Private Limited reported revenue of ₹2.49 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 81%. EBITDA rose 87% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹39.71 Lakh | ||||
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| Net Profit (PAT) | ₹2.97 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 15.9% | ||||
| Net Profit Margin | 1.2% | ||||
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To see the full financial statements and ratios of Nextgen Seals Private Limited, buy the company report.
Board of directors of Nextgen Seals Private Limited
Nextgen Seals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veeresh Jain Also directs: Uttranchal Social Development Centre LLP, Trishla Steel LLP, Trishla Logistic Park LLP and 2 more | Director | 02 Jan 2019 | 7 Years 9 Months | Current |
| Nishant Jain Also directs: Uttranchal Social Development Centre LLP, Trishla Steel LLP, Trishla Logistic Park LLP and 4 more | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Nextgen Seals Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zeal Polymers Private Limited | ₹2.51 Cr (FY 2024) | 33.0% | Dhoraji, Gujarat, India | |||
| Naman Polyplast Private Limited | ₹2.51 Cr (FY 2025) | -49.0% | Jaipur, Rajasthan, India | |||
| Shree Ganga Polytech Private Limited | ₹2.51 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Madhushree Plastic Private Limited | ₹2.5 Cr (FY 2018) | -15.0% | Aurangabad, Maharashtra, India | |||
| J4s Tech Innovation Private Limited | ₹2.5 Cr (FY 2025) | 17742.0% | Delhi, India | |||
| Nextgen Seals Private Limitedthis company | ₹2.49 Cr (FY 2024) | ₹2.97 Lakh | 1.2% | -10.0% | Dehradun, Uttarakhand, India | |
| Aishwarya Poly Packs Private Limited | ₹2.49 Cr (FY 2016) | 0.0% | Chennai, Tamil Nadu, India | |||
| Neelkusum Industries Private Limited | ₹2.49 Cr (FY 2024) | 0.0% | Delhi, India | |||
| Vineet Plastic Industries Private Limited | ₹2.47 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India |
To see the full peer comparison of Nextgen Seals Private Limited, buy the company report.
Auditor
Nextgen Seals Private Limited is audited by N KUMAR GUPTA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N KUMAR GUPTA & ASSOCIATES | FY 2023 | 003637C |
Shareholding
The shareholding of Nextgen Seals Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Nextgen Seals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2024 | 100907902 | Canara Bank | ₹43.47 Lakh | Open | |
| 07 Jul 2023 | 100749465 | Canara Bank | ₹44.5 Lakh | Open | |
| 09 May 2023 | 100737246 | Canara Bank | ₹32 Lakh | Open | |
| 25 Feb 2022 | 100581305 | Canara Bank | ₹1.1 Cr | Open |
To see the full charge records of Nextgen Seals Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Nextgen Seals Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in May 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Funding round | ₹24 Lakh | Investors: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Nextgen Seals 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 Nextgen Seals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextgen Seals has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAGCN3427K1ZF | Uttarakhand | Active | 18 Jul 2022 |
To see the full GST registrations and return filing status of Nextgen Seals Private Limited, buy the company report.
Recent activity
Nextgen Seals Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Nishant Jain ceased to be Additional Director on 28 Oct 2020.
Frequently asked questions
Nextgen Seals is an active private limited company based in Dehradun, Uttarakhand, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 02 January 2019 (7+ years old) and is registered under CIN U74999UR2019PTC009353.
Nextgen Seals has 2 current directors:
- Veeresh Jain - Director
- Nishant Jain - Director
The latest financial statements of Nextgen Seals 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 2019 are in the company report.
The GSTIN of Nextgen Seals is 05AAGCN3427K1ZF, registered in Uttarakhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nextgen Seals is U74999UR2019PTC009353. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextgen Seals was incorporated on 02 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttarakhand.
Nextgen Seals has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹24 Lakh; the latest was in May 2022.
The peers of Nextgen Seals by revenue are Zeal Polymers Private Limited, Naman Polyplast Private Limited, Shree Ganga Polytech Private Limited, Madhushree Plastic Private Limited, J4s Tech Innovation Private Limited and 3 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Nishant Jain ceased to be Additional Director on 28 Oct 2020. Kiran Sharma ceased to be Director on 11 Aug 2020. Nishant Jain was appointed as Director on 11 Aug 2020. Nextgen Seals has 4 board changes on record in total.
The registered office of Nextgen Seals is at 5A Race Course, Dehradun, Uttarakhand, India – 248001.
Nextgen Seals operates in the manufacturing industry, in the plastic-based products segment.