Jayaswal Neco Industries Profile
Key Indicators
- Authorised Capital ₹ 2,500.00 Cr
- Paid Up Capital ₹ 971.00 Cr
- Company Age 52 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,350.93 Cr
- Satisfied Charges ₹ 17,277.26 Cr
- Revenue Growth 6.71%
- Profit Growth -89.90%
- Ebitda -39.84%
- Net Worth 12.24%
- Total Assets -4.25%
About Jayaswal Neco Industries
Jayaswal Neco Industries Limited (JNIL) was founded in India on 28 November 1972 and has a glorious history of 52 years and five months. Its registered office is in Nagpur, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 522285 and on the National Stock Exchange(NSE) under JAYNECOIND.
The Corporate was formerly known as Nagpur Engineering Co. Private Limited. The Company is engaged in the Manufacturing Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2,500.00 Cr and a paid-up capital of Rs 971.00 Cr.
The company currently has active open charges totaling ₹3,350.93 Cr. The company has closed loans amounting to ₹17,277.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Jayaswal Neco Industries Limited India are Kapil Shroff as CFO and Ashish Srivastava as Company Secretary. Manoj Shah, Rajendraprasad Mohanka, Arvindkumar Jayaswal, and Five other members serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L28920MH1972PLC016154
- Company No.
016154
- Stock Symbol
BSE : 522285 NSE : JAYNECOIND
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Nov 1972
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Manufacturing
Metals and Minerals
What products or services does Jayaswal Neco Industries Limited offer?
Jayaswal Neco Industries Limited offers a wide range of products and services, including Industrial Pipe & Tube Fittings, Tube Fittings, Sewerage and Drainage Products, Manhole Covers, Die Casting & Investment Castings, Investment Castings, Wash Basins, Sanitaryware & Fittings, Plumbing Traps, Aluminum, Brass, Bronze Pipes, Iron Pipe.
Jayaswal Neco Industries Limited
Explore comprehensive data for Jayaswal Neco Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Jayaswal Neco Industries?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramesh Jayaswal  | Managing Director | 05-Mar-1983 | Current |
| Kapil Shroff | CFO | 25-Feb-2023 | Current |
| Ashish Srivastava | Company Secretary | 15-Apr-2023 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manoj Shah | Director | 21-Oct-2021 | Current |
| Rajendraprasad Mohanka | Director | 27-Jul-2018 | Current |
| Arvindkumar Jayaswal | Whole-Time Director | 28-Nov-1972 | Current |
| Kumkum Rathi | Director | 21-Oct-2021 | Current |
| Vinod Kathuria | Director | 11-Nov-2021 | Current |
| Ashwini Kumar | Director | 14-Aug-2021 | Current |
Financial Performance of Jayaswal Neco Industries.
Jayaswal Neco Industries Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.71% increase. The company also saw a substantial fall in profitability, with a 89.9% decrease in profit. The company's net worth Soared by an impressive increase of 12.24%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Jayaswal Neco Industries?
In 2022, Jayaswal Neco Industries had a promoter holding of 48.03% and a public holding of 51.97%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mpm Private LimitedRajendraprasad Mohanka is a mutual person
Super Smelters LtdVinod Kathuria is a mutual person
Sharda Ispat LimitedRajendraprasad Mohanka is a mutual person
Neco Heavy Engineering And Castings Private LimitedArvindkumar Jayaswal and Ramesh Jayaswal are mutual person
Xl Energy LimitedVinod Kathuria is a mutual person
Western Capital Advisors Private LimitedVinod Kathuria is a mutual person
Charges (Loans)
Open Charges
₹3,350.93 Cr
Satisfied Charges
₹17,277.26 Cr
Charges Breakdown by Lending Institutions
- Others : 3200.00 Cr
- Global Trust Bank Ltd : 30.60 Cr
- Idbi : 29.48 Cr
- Industrial Development Bank Ot India : 27.00 Cr
- Industrial Development Bank Of India Ltd : 16.53 Cr
- Others : 47.32 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2023 | Others | ₹3,200.00 Cr | Open |
| 17 Nov 2005 | Industrial Development Bank Of India Ltd | ₹16.53 Cr | Open |
| 17 Nov 2005 | Industrial Investment Bank Of India Ltd. | ₹1.42 Cr | Open |
| 17 Nov 2005 | Bank Of Punjab Ltd. | ₹1.50 Cr | Open |
| 17 Nov 2005 | United Insia Insurance Companyltd. | ₹1.60 M | Open |
How Many Employees Work at Jayaswal Neco Industries?
Jayaswal Neco Industries has a workforce of 4031 employees as of Apr 06, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Jayaswal Neco Industries, 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 Jayaswal Neco Industries'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.
Latest Updates, News, and FAQs on Jayaswal Neco Industries
Recent activity within the organization
- Annual General Meeting
Jayaswal Neco Industries Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 08 Nov 1996 via Charge ID 90186400 with Export Inport Bank Of India was fully satisfied on 12 Jul 2024.
- Balance Sheet
Jayaswal Neco Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others of Rs. 3,200.00 Cr registered on 07 Dec 2023 with Charge ID 100842943 was modified on 19 Dec 2023.
- Charges
A charge registered on 18 May 2022 via Charge ID 100577939 with Others was fully satisfied on 14 Dec 2023.
- Charges
A charge with Others amounted to Rs. 3,200.00 Cr with Charge ID 100842943 was registered on 07 Dec 2023.
Recent News, Updates & Announcement
- Steel Squad Goals: JSW, Sunflag, Usha Martin, Gerdau, Vardhman, and Jayaswal Neco Unite to Request DGTR Investigation and Anti-Dumping Duties on Steel Products.
When your squad of steel companies (JSW, Sunflag, Usha Martin, Gerdau, Vardhman, and Jayaswal Neco) team up to ask DGTR to investigate and tax some steel products. #AntiDumpingDuties #SteelSquadGoals #DGTRInvestigations.
- Supreme Court orders ‘status quo’ on Jayaswal Neco’s insolvency proceedings | Mint.
Supreme Court's order effectively halts the insolvency proceedings against Jayaswal Neco Industries, for now.
Frequently asked questions
What is the Incorporation or founding date of Jayaswal Neco Industries Limited?
Jayaswal Neco Industries Limited was incorporated on 28 Nov 1972.
What is authorized share capital and paid-up capital of Jayaswal Neco Industries Limited?
The authorized share capital of Jayaswal Neco Industries Limited is ₹ 2,500.00 Cr and paid-up capital is ₹ 971.00 Cr.
Who are the current board members & directors of Jayaswal Neco Industries Limited?
Currently 10 directors are associated with Jayaswal Neco Industries Limited.
- Manoj Balkrishna Shah
- Rajendraprasad Shriniwas Mohanka
- Arvindkumar Jayaswal
- Ramesh Jayaswal
- Kumkum Rathi
- Vinod Kumar Kathuria
- Ashwini Kumar
- Sangram Keshari Swain
- Kapil Sharad Shroff
- Ashish Srivastava
What is the registered address of Jayaswal Neco Industries Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Jayaswal Neco Industries Limited is F-8M I D C Industrial Area Hingna Road India, Nagpur, Maharashtra, 440016.
What is the corporate identification number (CIN) and company number of Jayaswal Neco Industries Limited?
The corporate identification number (CIN) of Jayaswal Neco Industries Limited is L28920MH1972PLC016154 and the company number is 016154 as per Ministry of Corporate Affairs (MCA).
Is Jayaswal Neco Industries Limited registered with any stock exchange in India?
Yes, Jayaswal Neco Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): JAYNECOIND.
What is the official website of Jayaswal Neco Industries Limited?
The Official website of Jayaswal Neco Industries Limited is https://www.necoindia.com
What has been the recent revenue trend for Jayaswal Neco Industries Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Jayaswal Neco Industries Limited has risen by 6.71%.
How many employees does Jayaswal Neco Industries Limited currently have?
As Per 2023 financial reports, 4031 employees are currently employed by Jayaswal Neco Industries Limited.
What change has been observed in the net worth of Jayaswal Neco Industries Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Jayaswal Neco Industries Limited has experienced an upsurge of 12.24%.
What are the total open charges for Jayaswal Neco Industries Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Jayaswal Neco Industries Limited amount to ₹ 3,350.93 Cr.
When was the last Balance Sheet of Jayaswal Neco Industries Limited filed with the ROC?
The most recent Balance Sheet for Jayaswal Neco Industries Limited was filed with the ROC on 31 Mar 2024.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
Satyendra SinghDirector
Raji NathaniDirector
John MathewNominee Director
Dhananjay SinghDirector
Davinder ChughNominee Director
Rakesh AwasthiNominee Director
Arvind IyerDirectorTK
T KalraNominee Director
Similar Companies Based on Steel Manufacturing & Processing
Rashtriya Ispat Nigam Ltd Visakhapatnam, Andhra Pradesh, India
Posco Maharashtra Steel Private Limited Raigarh, Maharashtra, India
Orissa Metaliks Private Limited Kolkata, West Bengal, India
Jsw Steel Limited Mumbai, Maharashtra, India
Apl Apollo Tubes Limited Delhi, India
Jindal Stainless Limited Hisar, Haryana, India
Jsw Steel Coated Products Limited Mumbai, Maharashtra, India
Arcelormittal Nippon Steel India Limited Surat, Gujarat, India