Nexus Electro Steel Limited - Company Profile

Q: Who are the current directors of Nexus Electro Steel Limited?

The current directors of Nexus Electro Steel Limited are Radhakrishnan Dharmarajan, Ramaswamy Srinivasan, Hiren Mahendra Botadra, Ketan Chhotalal Bagadia.

It is a machinery and equipment public limited company based in Chennai, Tamil Nadu, India, established in 1998.

1998 Chennai, Tamil Nadu, India Under Liquidation

Last Updated: July 25, 2025

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About Nexus Electro Steel Limited

Nexus Electro Steel Limited, a under liquidation public limited company, was established on 22 July 1998 in Chennai, Tamil Nadu, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: U29142TN1998PLC040858. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹12.20 Cr and a paid-up capital of ₹6.77 Cr.

Formerly known as Nexus Electro Steel P Limited. It upholds a active non-compliant status. Employing 28 professional, Its leadership includes Radhakrishnan Dharmarajan (Irp/Rp/Liquidator), Ramaswamy Srinivasan (Additional Director), Hiren Mahendra Botadra (Whole-Time Director). Past directors included Tarun Kumar Bimalendu Mukherjee, Saravanan Manoharan, Charu Ketan Bagadia. It holds ₹129.31 Cr open charges and ₹76.04 Cr settled loans. Its latest AGM occurred on 29 September 2018, with the balance sheet filed on 31 March 2018. It is based at 202, Shivalaya, Block C, 16 Ethiraj Salai, Egmore, Chennai, Tamil Nadu, 600008.

Company Details

CIN/LLPIN
U29142TN1998PLC040858
Registration Number
040858
Incorporation Date
22 July 1998
Authorized Capital
₹12.20 Cr
Paid-Up Capital
₹6.77 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Under Liquidation

Key Metrics

Authorised Capital ₹ 12.20 Cr as on 25-07-2025
Paid Up Capital ₹ 6.77 Cr as on 25-07-2025
Company Age 27 Year, 7 Months
Last Filing with ROC 31 Mar 2018
Open Charges ₹ 129.31 Cr as on 25-07-2025
Satisfied Charges ₹ 76.04 Cr as on 25-07-2025
Revenue Growth **** -77.99% (FY 2018)
Profit Growth **** -1136.67% (FY 2018)
Ebitda **** -4270.18% (FY 2018)
Net Worth -2030.48% (FY 2018)
Total Assets -67.57% (FY 2018)

Comprehensive Company Insights

Explore comprehensive insights into Nexus Electro Steel 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 Nexus Electro Steel Limited?

Current Directors

Name	Designation	Appointment Date	Status
Radhakrishnan Dharmarajan	Irp/Rp/Liquidator	29 May 2025	Current
Ramaswamy Srinivasan	Additional Director	24 Jul 2020	Current
Hiren Mahendra Botadra	Whole-Time Director	14 Mar 2006	Current
Ketan Chhotalal Bagadia	Managing Director	22 Jul 1998	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	03 Mar 2014	Past
Pramod Abcsdd	Director	24 Jul 2020	Past
Pramod Abcsdd	Director	31 Mar 2012	Past

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Financial Performance of Nexus Electro Steel.

Nexus Electro Steel Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 77.99% decrease. The company also saw a substantial fall in profitability, with a 1136.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 2030.48%.

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

********

-77.99%

*******

Revenue from Operations

*******

-79.46%

*******

Total Assets

*******

-67.57%

*******

Profit or Loss

*******

-1136.67%

*******

Net Worth

*******

-2030.48%

*******

EBITDA

*******

-4270.18%

*******

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What is the Ownership and Shareholding Structure of Nexus Electro Steel?

In 2018, Nexus Electro Steel had a promoter holding of 60.93% and a public holding of 39.07%. 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

₹1,293,110,000.00

Satisfied Charges

₹760,400,000.00

Charges Breakdown by Lending Institutions

State Bank Of India : 90.94 Cr
Icici Bank Limited : 38.37 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Apr 2015	State Bank Of India	₹5.00 Cr	Open
19 Mar 2013	Icici Bank Limited	₹15.00 Cr	Open
18 Sep 2012	Icici Bank Limited	₹23.37 Cr	Open
12 Dec 2007	State Bank Of India	₹85.94 Cr	Open
09 Jul 2008	Standard Chartered Bank	₹20.00 Cr	Satisfied

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How Many Employees Work at Nexus Electro Steel?

Nexus Electro Steel has a workforce of 28 employees as of Apr 03, 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 Nexus Electro Steel, 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 Nexus Electro Steel'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 Nexus Electro Steel

Recent Activity within the Organization

Director Appointment

Radhakrishnan Dharmarajan was appointed as a IRP/RP/Liquidator was appointed as a IRP/RP/Liquidator on 29 May 2025 & has been associated with this company since 9 months . was recorded as a recent event.
29 May 2025
Director Appointment

Ramaswamy Srinivasan was appointed as a Additional Director was appointed as a Additional Director on 24 Jul 2020 & has been associated with this company since 5 years 7 months . was recorded as a recent event.
24 Jul 2020
Annual General Meeting

Nexus Electro Steel Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records. was recorded as a recent event.
29 Sep 2018
Balance Sheet

Nexus Electro Steel Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai. was recorded as a recent event.
31 Mar 2018
Charges

Progress on A charge with State Bank Of India of Rs. 85.94 Cr registered on 12 Dec 2007 with Charge ID 10081829 was modified on 26 Nov 2015. was documented.
26 Nov 2015
Charges

Progress on A charge with State Bank Of India amounted to Rs. 5.00 Cr with Charge ID 10568077 was registered on 20 Apr 2015. was documented.
20 Apr 2015

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