Natco Economicals Limited

Founded in 1994 and headquartered in Gujarat, India.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 24, 2024

Natco Economicals Profile

Key Indicators

  • Authorised Capital ₹ 3.20 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 4.00 M
  • Revenue Growth 17.70%
  • Profit Growth 124.48%
  • Ebitda 140.13%
  • Net Worth 1.34%
  • Total Assets 1.64%

About Natco Economicals

Natco Economicals Limited (NEL) is a Public Limited Indian Non-Government Company incorporated in India on 10 June 1994 and has a history of 30 years and eight months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 3.20 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹4.00 M.

Vishal Desai, Ashish Pandya, Shaishav Shah, and Two other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    natecoltd.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L65910GJ1994PLC022240

  • Company No.

    022240

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1994

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services

Who are the key members and board of directors at Natco Economicals?

Executive Team (1)

NameDesignationAppointment DateStatus
Vishal Desai Country flag representing In Managing Director26-May-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Ashish Pandya Country flag representing In Whole-Time Director 01-Sep-2016Current
Shaishav Shah Country flag representing In Director 10-Feb-2017Current
Natvarlal Chavda Country flag representing In Director 09-Aug-2017Current
Vinaben Joshi Country flag representing In Director 09-Aug-2017Current

Financial Performance of Natco Economicals.

Natco Economicals Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 17.7% increase. The company also saw a substantial improvement in profitability, with a 124.48% increase in profit. The company's net worth moved up by a moderate rise of 1.34%.

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
17.70%
Revenue from Operations
19.77%
Total Assets
1.64%
Profit or Loss
124.48%
Net Worth
1.34%
EBITDA
140.13%

What is the Ownership and Shareholding Structure of Natco Economicals?

In 2017, Natco Economicals had a promoter holding of 11.02% and a public holding of 88.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.40 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
24 Dec 1999Union Bank Of India₹4.00 MOpen

How Many Employees Work at Natco Economicals?

Unlock and access historical data on people associated with Natco Economicals, 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 Natco Economicals, 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 Natco Economicals'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 Natco Economicals

Recent activity within the organization

  • Annual General Meeting

    Natco Economicals Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

    Natco Economicals Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Ahmedabad.

    31 Mar 2018

  • Director Appointment

    Natvarlal Motibhai Chavda was appointed as a Director was appointed as a Director on 09 Aug 2017 & has been associated with this company since 7 years 6 months .

    09 Aug 2017

  • Director Appointment

    Vinaben Kanaiyalal Joshi was appointed as a Director was appointed as a Director on 09 Aug 2017 & has been associated with this company since 7 years 6 months .

    09 Aug 2017

  • Director Appointment

    Vishal Shatayu Desai was appointed as a Managing Director was appointed as a Managing Director on 26 May 2017 & has been associated with this company since 7 years 8 months .

    26 May 2017

  • Director Appointment

    Shaishav Sureshkumar Shah was appointed as a Director was appointed as a Director on 10 Feb 2017 & has been associated with this company since 8 years 10 days .

    10 Feb 2017

Recent News, Updates & Announcement

  • News icon
    Natco Economicals board meeting on March 10, 2017.

    Natco Economicals has informed that the Board Meeting of the Company is scheduled to be held on March 10, 2017, to consider the New Business Proposal(s). To Consider Alteration/Addition to the Main Object Clause of the Company..

    07 Mar 2017 Moneycontrol

Frequently asked questions

  • Natco Economicals Limited was incorporated on 10 Jun 1994.

  • The authorized share capital of Natco Economicals Limited is ₹ 3.20 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 5 directors are associated with Natco Economicals Limited.

    • Vishal Shatayu Desai
    • Ashish Yogendra Pandya
    • Shaishav Sureshkumar Shah
    • Natvarlal Motibhai Chavda
    • Vinaben Kanaiyalal Joshi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Natco Economicals Limited is 304 Abhijit 1 Nr. Mithakhali Six Road, Navarangpura India, Ahmedabad, Gujarat, 380006.

  • The corporate identification number (CIN) of Natco Economicals Limited is L65910GJ1994PLC022240 and the company number is 022240 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Natco Economicals Limited is https://www.natecoltd.com

  • According to the financial reports for the fiscal year 2017, the revenue trend for Natco Economicals Limited has risen by 17.70%.

  • The financial reports for the fiscal year 2017 indicates that The net worth of Natco Economicals Limited has experienced an upsurge of 1.34%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Natco Economicals Limited amount to ₹ 4.00 M.

  • The most recent Balance Sheet for Natco Economicals Limited was filed with the ROC on 31 Mar 2018.

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