MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0187122
Niedax India Cable Management Systems Private Limited - manufacturing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹51.88 Cr
▼ 6% YoY
Net loss · FY 2024
₹3.23 Cr
Net margin -6.2%
EBITDA · FY 2024
-₹1.75 Cr
EBITDA margin -3.4%
Authorised capital
₹82 Cr
Registered with MCA
Paid-up capital
₹79.5 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Employees · EPFO
45
Provident fund records
Directors on board
3
As per MCA filings
About Niedax India Cable Management Systems Private Limited
Data last updated:
Niedax India Cable Management Systems Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Niedax Galvanik Gmbh. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 08 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29255KA2013FTC071741. Its GSTIN is 29AAECN5548B1ZG (Karnataka).
The company has an authorised share capital of ₹82 Cr and a paid-up capital of ₹79.5 Cr. It is led by directors including Alexander Heinrich Horn and Adrian Conrad Lowiner.
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 143 – C4(Part) Bommasandra Industrial Area Hosur Road Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2024, the company reported a revenue of ₹51.88 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹3.23 Cr (net margin -6.2%) and EBITDA of -₹1.75 Cr (EBITDA margin -3.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 37% over five years.
The company has about 45 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Niedax India and Niedax Group. The company has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹1.9 Cr; the latest was in December 2020. Its 6 peer companies in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 4 smaller; the largest is Varsha Associates Private Limited with revenue of ₹52.93 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,063 overdue payments to 82 micro and small suppliers.
Niedax India Cable Management Systems Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0187122). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website niedax-group.com.
Company details
CIN U29255KA2013FTC071741
Registration Number 071741
Incorporation Date 08 November 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Niedax Galvanik Gmbh
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0187122
Recognitions & Rankings of Niedax India Cable Management Systems
Contact details
Niedax India Cable Management Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is niedax-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address143 – C4(Part) Bommasandra Industrial Area Hosur Road Bangalore, Karnataka, India – 560099
- IndustryManufacturing, Cable & Wire
To see the full contact details of Niedax India Cable Management Systems Private Limited, buy the company report.
Comprehensive company report
Niedax India Cable Management Systems Private Limited - one report that includes everything
- 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
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Brands
Niedax India Cable Management Systems operates two associated brands: Niedax India and Niedax Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cable management systems manufacturing and distribution in India. | niedax.co.in | |
| Development of cable management systems for global electrical projects. | niedax-group.com |
Business activity
The main business activity of Niedax India Cable Management Systems is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Niedax India Cable Management Systems Private Limited, buy the company report.
Financials of Niedax India Cable Management Systems Private Limited
FY 2024 filings availableNiedax India Cable Management Systems Private Limited reported revenue of ₹51.88 Cr (down 6% YoY) for FY 2024.
Revenue · FY 2024
₹51.88 Cr ▼ 6%
Net loss · FY 2024
₹3.23 Cr margin -6.2%
EBITDA · FY 2024
-₹1.75 Cr margin -3.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 26%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 47%
5 years · compounded
▲ 17%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 37%. EBITDA rose 46% 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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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | -₹1.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.23 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.4% | ||||
| Net Profit Margin | -6.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Niedax India Cable Management Systems Private Limited, buy the company report.
Board of directors of Niedax India Cable Management Systems Private Limited
Niedax India Cable Management Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alexander Heinrich Horn | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
| Adrian Conrad Lowiner | Director | 15 Nov 2022 | 3 Years 11 Months | Current |
| Arshad Hussain | Director | 08 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Niedax India Cable Management Systems Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varsha Associates Private Limited | ₹52.93 Cr (FY 2025) | 27.0% | Mysore, Karnataka, India | |||
| S. V. S. Wires Private Limited | ₹52.86 Cr (FY 2018) | 8.0% | R.R.Dt, Hyderabad, Telangana, India | |||
| Niedax India Cable Management Systems Private Limitedthis company | ₹51.88 Cr (FY 2024) | -₹3.23 Cr | -6.2% | -6.0% | 45 | Bangalore, Karnataka, India |
| Ganesh Transmission Private Limited | ₹51.32 Cr (FY 2025) | 38.0% | Kolkata, West Bengal, India | |||
| Vardhaman Conductors Private Limited | ₹50.76 Cr (FY 2025) | 3.0% | Vijayanagar, Bangalore, Karnataka, India | |||
| Kataria Wires Pvt Ltd | ₹50.63 Cr (FY 2022) | -8.0% | Ratlam, Madhya Pradesh, India | |||
| SRG Metalcrafts (India) Private Limited | ₹50.27 Cr (FY 2025) | 6.0% | Delhi, India |
To see the full peer comparison of Niedax India Cable Management Systems Private Limited, buy the company report.
Auditor
Niedax India Cable Management Systems Private Limited is audited by SGRM AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGRM AND CO | FY 2023 | 015284S |
Shareholding
The shareholding of Niedax India Cable Management Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Niedax India Cable Management Systems Private Limited, buy the company report.
Deals & funding
Niedax India Cable Management Systems Private Limited has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹1.9 Cr; the latest was in December 2020.
Total deals
5
Rights issues
4
Funding round
1
Disclosed funding
₹1.9 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Rights issue | ₹20.63 Cr | Investors: Niedax Galvanik GmbH |
| Apr 2019 | Rights issue | ₹34.01 Cr | Investors: Niedax Galvanik GmbH |
| Sep 2017 | Rights issue | ₹20.15 Cr | Investors: Niedax Galvanik GmbH |
| Jan 2016 | Rights issue | ₹2.52 Cr | Investors: Niedax Galvanik GmbH |
| Jun 2014 | Funding round | ₹1.9 Cr | Investors: Niedax Galvanik GmbH |
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 Niedax India Cable Management Systems 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
Niedax India Cable Management Systems Private Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,063 overdue payments to 82 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 82)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Steel House | |||
| Metcraft Engineering | |||
| Sharada Electro Chem | |||
| an individual supplier | |||
| A B Expert Coaters |
To see the full MSME payment records of Niedax India Cable Management Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Niedax India Cable Management Systems Private Limited has a workforce of 45 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
45
Active EPFO establishments
1
Employee growth
2.27%
GST
Niedax India Cable Management Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN5548B1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Niedax India Cable Management Systems Private Limited, buy the company report.
Recent activity
Niedax India Cable Management Systems Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Adrian Conrad Lowiner ceased to be Additional Director on 29 Sep 2023.
AGM
Niedax India Cable Management Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Niedax India Cable Management Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Adrian Conrad Lowiner ceased to be Additional Director.
Ceased
Alexander Heinrich Horn ceased to be Additional Director.
Appointed
Adrian Conrad Lowiner was appointed as Director.
Appointed
Alexander Heinrich Horn was appointed as Director.
Ceased
Bruno Reufels ceased to be Director.
Ceased
Mirko Horz ceased to be Additional Director.
Ceased
Harald Werner ceased to be Director.
Appointed
Arshad Hussain was appointed as Director.
Incorporation
08 Nov 2013
Niedax India Cable Management Systems Private Limited was registered on 08 Nov 2013 with Roc Bangalore & aged 12 years 11 months as per MCA records.
Frequently asked questions
Niedax India Cable Management Systems is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 08 November 2013 (13+ years old) and is registered under CIN U29255KA2013FTC071741.
Niedax India Cable Management Systems has 3 current directors:
- Alexander Heinrich Horn - Director
- Adrian Conrad Lowiner - Director
- Arshad Hussain - Director
The latest financial statements of Niedax India Cable Management Systems 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 2015 are in the company report.
The GSTIN of Niedax India Cable Management Systems is 29AAECN5548B1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Niedax India Cable Management Systems is U29255KA2013FTC071741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Niedax India Cable Management Systems was incorporated on 08 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Niedax India Cable Management Systems has 5 deals on record (4 rights issues, 1 funding round), with disclosed funding of ₹1.9 Cr; the latest was in December 2020.
The peers of Niedax India Cable Management Systems by revenue are Varsha Associates Private Limited, S. V. S. Wires Private Limited, Ganesh Transmission Private Limited, Vardhaman Conductors Private Limited, Kataria Wires Pvt Ltd and 1 more, all in the Manufacturing industry (Cables and Wires), with the same principal business activity (metal and metal products).
Adrian Conrad Lowiner ceased to be Additional Director on 29 Sep 2023. Alexander Heinrich Horn ceased to be Additional Director on 29 Sep 2023. Adrian Conrad Lowiner was appointed as Director on 15 Nov 2022. Niedax India Cable Management Systems has 8 board changes on record in total.
Yes, Niedax India Cable Management Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0187122).
Niedax India Cable Management Systems has 15 MSME Form 1 returns on record between 2019 and 2024, listing 1,063 overdue payments to 82 micro and small suppliers. The latest return was filed on 01 May 2024.
Niedax India Cable Management Systems can be reached through the website niedax-group.com. Its registered office is in Bangalore, Karnataka, India.
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