Naetek Ferrocastings Private Limited

Founded in 2005 and headquartered in Karnataka, India.

2005 | Shimoga, Karnataka (India) | Active
Last Updated: November 16, 2024

Naetek Ferrocastings Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 5.75 Cr
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 19.29 Cr
  • Satisfied Charges ₹ 1.54 Cr
  • Revenue Growth 17.47%
  • Profit Growth -2.32%
  • Ebitda 390.44%
  • Net Worth 7.11%
  • Total Assets 10.02%

About Naetek Ferrocastings

Naetek Ferrocastings Private Limited (NFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 October 2005 and has a history of 19 years and three months. Its registered office is in Shimoga, Karnataka, India.

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 7.50 Cr and a paid-up capital of Rs 5.75 Cr.

The company currently has active open charges totaling ₹19.29 Cr. The company has closed loans amounting to ₹1.54 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Shimoga, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27101KA2005PTC037451

  • Company No.

    037451

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Oct 2005

  • Date of AGM

    20 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Naetek Ferrocastings Private Limited offer?

Naetek Ferrocastings Private Limited offers a wide range of products and services, including PVC, FRP, HDPE & Other Plastic Pipes, Industrial Plastic Pipes, Electric Motors and Components, Actuators, Die Casting & Investment Castings, Industrial Casting, Earthmoving Machinery Parts, JCB Spare Part, Industrial Valves & Valve Fittings, Valve Accessories.

Who are the key members and board of directors at Naetek Ferrocastings?

Executive Team (1)

Name Designation Appointment Date Status
Kengatte Maheshappa Country flag representing In Managing Director 21-Jul-2006 Current

Board Members (10)

Name Designation Appointment Date Status
Moodbagilu Mallikarjuna Country flag representing In Director 05-Dec-2005 Current
Chaitra Rudregowda Country flag representing In Director 21-Jul-2006 Current
Suresh Nanamaya Country flag representing In Director 13-Oct-2005 Current
Bananda Satish Country flag representing In Director 05-Dec-2005 Current
Seema Huchapla Country flag representing In Director 01-Apr-2020 Current
Bhadrasetty Ganesha Country flag representing In Director 05-Dec-2005 Current

Financial Performance of Naetek Ferrocastings.

Naetek Ferrocastings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.47% increase. The company also saw a slight decrease in profitability, with a 2.32% decrease in profit. The company's net worth moved up by a moderate rise of 7.11%.

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
17.47%
Revenue from Operations
16.96%
Total Assets
10.02%
Profit or Loss
-2.32%
Net Worth
7.11%
EBITDA
390.44%

What is the Ownership and Shareholding Structure of Naetek Ferrocastings?

In 2023, Naetek Ferrocastings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹19.29 Cr

Satisfied Charges

₹1.54 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 18.90 Cr
  • Hdfc Bank Limited : 0.29 Cr
  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
05 Mar 2024 Canara Bank ₹7.40 Cr Open
22 Dec 2022 Canara Bank ₹1.75 M Open
30 Aug 2022 Canara Bank ₹1.75 M Open
05 Jul 2022 Hdfc Bank Limited ₹1.72 M Open
10 Jun 2022 Hdfc Bank Limited ₹1.17 M Open

How Many Employees Work at Naetek Ferrocastings?

Naetek Ferrocastings has a workforce of 118 employees as of Mar 26, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Naetek Ferrocastings, 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 Naetek Ferrocastings'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 Naetek Ferrocastings

Recent activity within the organization

  • Charges

    A charge with Canara Bank of Rs. 7.00 Cr registered on 03 Nov 2006 with Charge ID 10025107 was modified on 16 Aug 2024.

    16 Aug 2024

  • Annual General Meeting

    Naetek Ferrocastings Private Limited last Annual general meeting of members was held on 20 Jul 2024 as per latest MCA records.

    20 Jul 2024

  • Charges

    A charge registered on 30 Jun 2020 via Charge ID 100347383 with Canara Bank was fully satisfied on 03 Jul 2024.

    03 Jul 2024

  • Balance Sheet

    Naetek Ferrocastings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 7.40 Cr with Charge ID 100884520 was registered on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Canara Bank amounted to Rs. 0.18 Cr with Charge ID 100668112 was registered on 22 Dec 2022.

    22 Dec 2022

Frequently asked questions

  • Naetek Ferrocastings Private Limited was incorporated on 13 Oct 2005.

  • The authorized share capital of Naetek Ferrocastings Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 5.75 Cr.

  • Currently 11 directors are associated with Naetek Ferrocastings Private Limited.

    • Kengatte Maheshappa
    • Chaitra Shanthappanavara Rudregowda
    • Suresh Manakkamane Nanamaya
    • Bananda Ramakrishna Satish
    • Moodbagilu Basappa Mallikarjuna
    • Seema Shivalingappa Huchapla
    • Bhadrasetty Ganesha
    • Doddamane Basavana Gowda Prasanna
    • Somashekara Cikklappar Rudrappa
    • Praveenkumar Madal Virupakshappa
    • Huchappla Shivalingappa Shivaraja
  • As per Ministry of Corporate Affairs (Mca), the registered address of Naetek Ferrocastings Private Limited is 31 Efg -Bhadravathi Industrial Area Machenahalli Nidige Post, India, Shimoga, Karnataka, 577222.

  • The corporate identification number (CIN) of Naetek Ferrocastings Private Limited is U27101KA2005PTC037451 and the company number is 037451 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Naetek Ferrocastings Private Limited is https://www.naetek.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Naetek Ferrocastings Private Limited has risen by 17.47%.

  • As Per 2023 financial reports, 118 employees are currently employed by Naetek Ferrocastings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Naetek Ferrocastings Private Limited has experienced an upsurge of 7.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Naetek Ferrocastings Private Limited amount to ₹ 19.29 Cr.

  • The most recent Balance Sheet for Naetek Ferrocastings Private Limited was filed with the ROC on 31 Mar 2024.

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