Namaste Exports Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 13.73 Cr
- Company Age 36 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 60.99 Cr
- Satisfied Charges ₹ 47.69 Cr
- Revenue Growth -20.55%
- Profit Growth -47.63%
- Ebitda -31.72%
- Net Worth 32.45%
- Total Assets 8.45%
About Namaste Exports
Namaste Exports Limited (NEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 March 1988 and has a history of 36 years and 11 months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Namaste Tanneries Private Limited. The Company is engaged in the Fashion And Textile 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 20.00 Cr and a paid-up capital of Rs 13.73 Cr.
The company currently has active open charges totaling ₹60.99 Cr. The company has closed loans amounting to ₹47.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Namaste Exports Limited India is Veeranna Narasimhaiah as CFO. Veeranna Narasimhaiah, Bhat Narayan, Khandige Bhat, and Five other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U85110KA1988PLC008988
- Company No.
008988
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
21 Mar 1988
- Date of AGM
11 Nov 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Namaste Exports?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Khandige Bhat  | Managing Director | 30-Oct-2006 | Current |
| Veeranna Narasimhaiah | CFO | 02-May-2019 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Veeranna Narasimhaiah | Whole-Time Director and Cfo | 01-Mar-2017 | Current |
| Bhat Narayan | Director | 07-Aug-2023 | Current |
| Khandige Bhat | Whole-Time Director | 30-Oct-2018 | Current |
| Gouranga Roy | Director | 30-May-2015 | Current |
| Khandige Bhat | Director | 09-Feb-2021 | Current |
| Setlur Madhavan | Director | 04-Oct-2023 | Current |
Financial Performance of Namaste Exports.
Namaste Exports Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 20.55% decrease. The company also saw a substantial fall in profitability, with a 47.63% decrease in profit. The company's net worth Soared by an impressive increase of 32.45%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Namaste Exports?
In 2021, Namaste Exports had a promoter holding of 82.50% and a public holding of 17.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Khandige Organic Health Products Private LimitedKhandige Bhat and Khandige Bhat are mutual person
Blue Marine Boats Private LimitedVeeranna Narasimhaiah is a mutual person
- Khandige Estates And Eco Projects Private Limited
Veeranna Narasimhaiah and Khandige Bhat are mutual person
- Ritas & Bhats Tourism Infrastructure Private Limited
Veeranna Narasimhaiah and Bhat Narayan are mutual person
- Lidkar Tanners Enviro Control Systems Limited
Veeranna Narasimhaiah is a mutual person
- Mns Exports Private Limited
Bhat Narayan is a mutual person
Charges (Loans)
₹60.99 Cr
₹47.69 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 56.23 Cr
- Canara Bank : 3.19 Cr
- Indian Equipment Leasing Limited : 1.44 Cr
- Others : 0.13 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2024 | Others | ₹1.30 M | Open |
| 20 Oct 1994 | State Bank Of India | ₹52.50 Cr | Open |
| 16 Mar 1993 | Indian Equipment Leasing Limited | ₹1.44 Cr | Open |
| 04 Mar 1993 | State Bank Of India | ₹3.00 Cr | Open |
| 01 Oct 1992 | Canara Bank | ₹3.19 Cr | Open |
How Many Employees Work at Namaste Exports?
Namaste Exports has a workforce of 228 employees as of Apr 07, 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 Namaste Exports, 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 Namaste Exports'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
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