Promoter holding
64.27%
NE
Ncdex E Markets Limited - Due diligence report
A 360° intelligence report on Neml: trust score, financial health, credit view, compliance, directors, growth and distress signals - generat…
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Neml — 360° Intelligence Report
Generated from MCA filings & public records85/100
Trust Score
Low Risk
Neml is assessed as Low Risk with a Trust Score of 85/100. Neml is an active public limited indian non-government company incorporated in 2006, operating in the E-Commerce sector. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 13 Aug 2026 from the latest processed filings. Ncdex E Markets Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
85/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
78/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
60/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
75/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 60/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Moderate gearing (D/E 1.42).
- Profitable - internal accruals available.
Charges position: 3 open (1.55 cr) · 1 satisfied (10.00 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 1 | 48.0 cr |
| Axis Bank Limited | 1 | 48.0 cr |
| Others | 1 | 48.0 cr |
| Citi Bank N.A. | 1 | 48.0 cr |
Compliance Score: 78/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Litigation present in 2 court forum(s).
- Delayed payments to MSME suppliers disclosed (1 disclosure(s)).
- 35 active GST registration(s).
Legal cases on record (2)
05
Director Intelligence
Stability score: 75/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SIDDHARTHA SHEKHAR SINGH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANJEEV ROHILLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AKSHATA MADHUKAR VENGURLEKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DINESH KUMAR MEHROTRA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Praveen Rudraiah Hiremath | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Praveen Rudraiah Hiremath | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Asim Halder | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rajiv Jalota | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Narayanan Sadanandan | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- No disqualified or deactivated DINs.
- 5 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
National Commodity & Derivatives Exchange Limited
Subsidiaries
-
Group entities
2
Capital events
13 allotment(s) · 9 transfer(s)
Promoters hold a dominant controlling stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| National Commodity & Derivatives Exchange Limited | Holding Company | 74.00% |
| Meta Materials Circular Markets Private Limited | Joint Ventures | 74.00% |
| Rashtriya E Market Services Private Limited | Joint Ventures | 74.00% |
Key managerial personnel: Praveen Rudraiah Hiremath (CEO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 80 · Distress 80
Growth signals & trust indicators
Latest year revenue grew 2.1x.
Profit expanded 24% year-on-year.
Net margin improved to 0.86.
EPFO headcount growing - hiring signal.
Operating for 19+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
3 director exits within 2 years.
3 open charge(s) registered - assets are encumbered.
MSME payment delays disclosed - latest outstanding 4.16 Lakh.
2 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence81/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment75/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 3 open charge(s) of 1.55 cr already registered.
- Compliance record supports lending.
Investor view86/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events30 Sep 2025
Director appointed
Rajiv Jalota (Additional Director)
Director appointed
Narayanan Sadanandan (Additional Director)
10 Sep 2025
Charge created
Axis Bank Limited - 1.35 cr
29 Jul 2025
Last AGM held
Annual general meeting
28 Jul 2025
Director ceased
DINESH KUMAR MEHROTRA
03 Jun 2025
Director appointed
Asim Halder (Cfo)
16 May 2025
Director appointed
DINESH KUMAR MEHROTRA (Director)
10 Apr 2025
Director ceased
SANJEEV ROHILLA
31 Mar 2025
Latest balance sheet
Filed with ROC
08 Feb 2025
Director appointed
SANJEEV ROHILLA (Director)
01 Dec 2024
Director ceased
KRISHNA KUMAR RADHESHYAM DAGA
01 Aug 2024
Director ceased
RAKESH KAPUR
Director ceased
Praveen Rudraiah Hiremath
22 Jul 2024
Director appointed
Praveen Rudraiah Hiremath (Ceo)
15 Jul 2024
Director appointed
Praveen Rudraiah Hiremath (CEO)
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
9 active director(s) / partner(s); board looks stable and experienced.
35 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 13 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Mechno Sales Agencies Pvt Ltd | U51109WB1986PTC040522 | Kolkata, West Bengal, India |
| National Scheduled Tribes Finance And Development Corporation Co U S 25 | U74899DL2001NPL110356 | New Delhi, Delhi, India |
| Lkps Forex Private Limited | U65990WB2018PTC226155 | Kolkata, West Bengal, India |
| Sood And Sood Builders Private Limited | U74899DL1980PTC010915 | New Delhi, Delhi, India |
| Tamilnadu Urban Finance And Infrastructure Development Corporation Limited | U65191TN1990SGC018909 | Chennai, Tamil Nadu, India |
| Kedia Fintrade Private Limited | U67100WB2019PTC234384 | Kolkata, West Bengal, India |
| Ezypay Online Services Private Limited | U72900WB2011PTC157925 | Asansol, West Bengal, India |
| Bmg Finserv Private Limited | U65990MH1994PTC079382 | Mumbai, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Neml before audits and certifications: compliance score 78/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Neml: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 60/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Neml - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 85/100, distress signals and MSME payment-delay disclosures - know whether Neml pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (2 case(s) on record), regulatory flags, charge documents trail and director networks for Neml - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Neml an active company?
Neml has MCA status “Active” with a compliance score of 78/100 (Low Risk).
Is Neml financially healthy?
Neml has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Neml?
Its overall Trust Score is 85/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Neml?
The ultimate holding entity is National Commodity & Derivatives Exchange Limited. 9 active director(s) are on record.
Does Neml have loans or charges against its assets?
3 open charge(s) are registered against its assets, and 1 earlier charge(s) stand satisfied.
Is Neml up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 78/100 (Low Risk).
Is it risky to lend to Neml?
Its Credit Risk Score is 60/100 (Moderate). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
