Jayaswal Neco Metallics Private Limited

This company specializes in the production and trade of various iron and steel products.

1993 | Kolkata, West Bengal (India) | Active
Last Updated: July 03, 2024

Jayaswal Neco Metallics Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 39.25 Cr
  • Company Age 31 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3,343.58 Cr
  • Satisfied Charges ₹ 4,615.86 Cr
  • Revenue Growth 108.40%
  • Profit Growth 52.64%
  • Ebitda 167.48%
  • Net Worth 38.43%
  • Total Assets 41.57%

About Jayaswal Neco Metallics

Jayaswal Neco Metallics Private Limited (JNMPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 1993 and has a history of 31 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Nilhat Commodities Pvt Ltd. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 39.25 Cr.

The company currently has active open charges totaling ₹3,343.58 Cr. The company has closed loans amounting to ₹4,615.86 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Jayaswal Neco Metallics Private Limited India is Sagar Bhati as COMPANY SECRETARY. Arvindkumar Jayaswal and Ramesh Jayaswal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    necoindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310WB1993PTC058237

  • Company No.

    058237

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 1993

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Jayaswal Neco Metallics?

Executive Team (1)

NameDesignationAppointment DateStatus
Sagar Bhati Country flag representing In Company Secretary01-Oct-2023Current

Board Members (2)

NameDesignationAppointment DateStatus
Arvindkumar Jayaswal Country flag representing In Director 01-Oct-2008Current
Ramesh Jayaswal Country flag representing In Director 01-Oct-2008Current

Financial Performance of Jayaswal Neco Metallics.

Jayaswal Neco Metallics Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 108.4% increase. The company also saw a substantial improvement in profitability, with a 52.64% increase in profit. The company's net worth Soared by an impressive increase of 38.43%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • 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
108.40%
Revenue from Operations
163.44%
Total Assets
41.57%
Profit or Loss
52.64%
Net Worth
38.43%
EBITDA
167.48%

What is the Ownership and Shareholding Structure of Jayaswal Neco Metallics?

In 2021, Jayaswal Neco Metallics had a promoter holding of 94.90% and a public holding of 5.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,343.58 Cr

Satisfied Charges

₹4,615.86 Cr

Charges Breakdown by Lending Institutions

  • Others : 3200.00 Cr
  • Sbicap Trustee Company Limited : 143.58 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2023Others₹3,200.00 CrOpen
16 Jan 2015Sbicap Trustee Company Limited₹143.58 CrOpen
18 May 2022Idbi Trusteeship Services Limited₹4,525.86 CrSatisfied
30 Dec 2016Others₹90.00 CrSatisfied

How Many Employees Work at Jayaswal Neco Metallics?

Unlock and access historical data on people associated with Jayaswal Neco Metallics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Jayaswal Neco Metallics, 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 Metallics's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Metallics

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 3,200.00 Cr registered on 16 Dec 2023 with Charge ID 100832251 was modified on 26 Dec 2023.

    26 Dec 2023

  • Charges

    A charge with Others amounted to Rs. 3,200.00 Cr with Charge ID 100832251 was registered on 16 Dec 2023.

    16 Dec 2023

  • Charges

    A charge registered on 18 May 2022 via Charge ID 100578720 with Idbi Trusteeship Services Limited was fully satisfied on 14 Dec 2023.

    14 Dec 2023

  • Director Appointment

    Sagar Omprakash Bhati was appointed as a Company Secretary was appointed as a Company Secretary on 01 Oct 2023 & has been associated with this company since 1 year 4 months .

    01 Oct 2023

  • Annual General Meeting

    Jayaswal Neco Metallics Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Jayaswal Neco Metallics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Jayaswal Neco Metallics Private Limited was incorporated on 24 Mar 1993.

  • The authorized share capital of Jayaswal Neco Metallics Private Limited is ₹ 40.00 Cr and paid-up capital is ₹ 39.25 Cr.

  • Currently 3 directors are associated with Jayaswal Neco Metallics Private Limited.

    • Arvindkumar Jayaswal
    • Ramesh Jayaswal
    • Sagar Omprakash Bhati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Jayaswal Neco Metallics Private Limited is Trust House 5Th Floor 32-A, Chittaranjan Avenue, Kolkata, West Bengal, India, 700012.

  • The corporate identification number (CIN) of Jayaswal Neco Metallics Private Limited is U27310WB1993PTC058237 and the company number is 058237 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Jayaswal Neco Metallics Private Limited is https://www.necoindia.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Jayaswal Neco Metallics Private Limited has risen by 108.40%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Jayaswal Neco Metallics Private Limited has experienced an upsurge of 38.43%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Jayaswal Neco Metallics Private Limited amount to ₹ 3,343.58 Cr.

  • The most recent Balance Sheet for Jayaswal Neco Metallics Private Limited was filed with the ROC on 31 Mar 2023.

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