What is the Incorporation or founding date of National Handloom Development Corporation Limited?

National Handloom Development Corporation Limited was incorporated on 22 Feb 1983.

What is authorized share capital and paid-up capital of National Handloom Development Corporation Limited?

The authorized share capital of National Handloom Development Corporation Limited is ₹ 200000000.0 and paid-up capital is ₹ 190000000.0.

What is the registered address of National Handloom Development Corporation Limited?

As per Ministry of Corporate Affairs (Mca), the registered address of National Handloom Development Corporation Limited is A-2-5 Sector-2 Udyog Marg, Noida, Uttar Pradesh, India, 201301.

What is the corporate identification number (CIN) and company number of National Handloom Development Corporation Limited?

The corporate identification number (CIN) of National Handloom Development Corporation Limited is U17299UP1983GOI005974 and the company number is 005974 as per Ministry of Corporate Affairs (MCA).

What has been the recent revenue trend for National Handloom Development Corporation Limited?

According to the financial reports for the fiscal year 2023, the revenue trend for National Handloom Development Corporation Limited has risen by 46.59%.

How many employees does National Handloom Development Corporation Limited currently have?

As Per 2023 financial reports, 114 employees are currently employed by National Handloom Development Corporation Limited.

What change has been observed in the net worth of National Handloom Development Corporation Limited, and by what percentage?

The financial reports for the fiscal year 2023 indicates that The net worth of National Handloom Development Corporation Limited has experienced an upsurge of 6.34%.

National Handloom Development Corporation Limited

Company supports handloom industry through buying, stocking, and providing financial assistance for production and processing.

1983 | Noida, Uttar Pradesh (India) | Active

Last Updated: October 15, 2024

National Handloom Development Corporation Profile

Key Indicators

Authorised Capital ₹ 20.00 Cr as on 15-10-2024
Paid Up Capital ₹ 19.00 Cr as on 15-10-2024
Company Age 42 Year, 7 Days
Last Filing with ROC 31 Mar 2023
Satisfied Charges ₹ 45.20 Cr as on 15-10-2024
Revenue Growth 46.59% (FY 2023)
Profit Growth 433.14% (FY 2023)
Ebitda 63.13% (FY 2023)
Net Worth 6.34% (FY 2023)
Total Assets 4.81% (FY 2023)

About National Handloom Development Corporation

National Handloom Development Corporation Limited (NHDCL) is a leading Public Limited Union Government Company incorporated in India on 22 February 1983 and has a history of 42 years. Its registered office is in Noida, Uttar Pradesh, India.

The Company is engaged in the Chemicals And Materials 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 20.00 Cr and a paid-up capital of Rs 19.00 Cr.

The company has closed loans amounting to ₹45.20 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at National Handloom Development Corporation Limited India is Jitendra Purohit as CFO. Beena Mahadevan, Rita Hemrajani, and Dhirendra Kumar serve as directors at the Company.

Company Details

Location
Noida, Uttar Pradesh, India
Telephone
+91-XXXXXXXXXX
Email Address
Website
nhdc.org.in
Social Media
Apps

Corporate Identity Details

CIN/LLPIN
U17299UP1983GOI005974
Company No.
005974
Company Classification
Public Limited Union Government Company
Incorporation Date
22 Feb 1983
Date of AGM
22 Dec 2023
Date of Balance Sheet
31 Mar 2023
Listing Status
Unlisted
ROC Code
Roc Kanpur

Industry

Chemicals and Materials

Home & Lifestyle

Who are the key members and board of directors at National Handloom Development Corporation?

Executive Team (2)

Name	Designation	Appointment Date	Status
Rita Hemrajani	Managing Director	18-Jan-2022	Current
Jitendra Purohit	CFO	28-Oct-2019	Current

Board Members (2)

Name	Designation	Appointment Date	Status
Beena Mahadevan	Director	11-Oct-2023	Current
Dhirendra Kumar	Director	16-Jun-2023	Current

Financial Performance of National Handloom Development Corporation.

National Handloom Development Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 46.59% increase. The company also saw a substantial improvement in profitability, with a 433.14% increase in profit. The company's net worth moved up by a moderate rise of 6.34%.

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

46.59%

Revenue from Operations

46.56%

Total Assets

4.81%

Profit or Loss

433.14%

Net Worth

6.34%

EBITDA

63.13%

What is the Ownership and Shareholding Structure of National Handloom Development Corporation?

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

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹45.20 Cr

Charges Breakdown by Lending Institutions

Axis Bank Limited : 30.00 Cr
Indian Bank Ashok Marg : 15.00 Cr
State Bank Of Indore : 0.20 Cr

Latest Charge Details

Date	Lender	Amount	Status
11 Jul 2011	Axis Bank Limited	₹30.00 Cr	Satisfied
26 Sep 1991	Indian Bank Ashok Marg	₹15.00 Cr	Satisfied
12 Oct 1987	State Bank Of Indore	₹2.00 M	Satisfied

How Many Employees Work at National Handloom Development Corporation?

National Handloom Development Corporation has a workforce of 114 employees as of Oct 15, 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

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of National Handloom Development Corporation, 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 National Handloom Development Corporation'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 National Handloom Development Corporation

Recent activity within the organization

Annual General Meeting
National Handloom Development Corporation Limited last Annual general meeting of members was held on 22 Dec 2023 as per latest MCA records.
22 Dec 2023
Director Appointment
Beena Mahadevan was appointed as a Director was appointed as a Director on 11 Oct 2023 & has been associated with this company since 1 year 4 months .
11 Oct 2023
Director Appointment
Dhirendra Kumar was appointed as a Director was appointed as a Director on 16 Jun 2023 & has been associated with this company since 1 year 8 months .
16 Jun 2023
Balance Sheet
National Handloom Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kanpur.
31 Mar 2023
Director Appointment
Rita Prem Hemrajani was appointed as a Managing Director was appointed as a Managing Director on 18 Jan 2022 & has been associated with this company since 3 years 1 month .
18 Jan 2022
Director Appointment
Jitendra Vajesang Purohit was appointed as a Cfo was appointed as a Cfo on 28 Oct 2019 & has been associated with this company since 5 years 4 months .
28 Oct 2019

Frequently asked questions

What is the Incorporation or founding date of National Handloom Development Corporation Limited?
National Handloom Development Corporation Limited was incorporated on 22 Feb 1983.
What is authorized share capital and paid-up capital of National Handloom Development Corporation Limited?
The authorized share capital of National Handloom Development Corporation Limited is ₹ 20.00 Cr and paid-up capital is ₹ 19.00 Cr.
Who are the current board members & directors of National Handloom Development Corporation Limited?
Currently 4 directors are associated with National Handloom Development Corporation Limited.
- Beena Mahadevan
- Rita Prem Hemrajani
- Dhirendra Kumar
- Jitendra Vajesang Purohit
What is the registered address of National Handloom Development Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of National Handloom Development Corporation Limited is A-2-5 Sector-2 Udyog Marg, Noida, Uttar Pradesh, India, 201301.
What is the corporate identification number (CIN) and company number of National Handloom Development Corporation Limited?
The corporate identification number (CIN) of National Handloom Development Corporation Limited is U17299UP1983GOI005974 and the company number is 005974 as per Ministry of Corporate Affairs (MCA).
What is the official website of National Handloom Development Corporation Limited?
The Official website of National Handloom Development Corporation Limited is https://www.nhdc.org.in
What has been the recent revenue trend for National Handloom Development Corporation Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for National Handloom Development Corporation Limited has risen by 46.59%.
How many employees does National Handloom Development Corporation Limited currently have?
As Per 2023 financial reports, 114 employees are currently employed by National Handloom Development Corporation Limited.
What change has been observed in the net worth of National Handloom Development Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of National Handloom Development Corporation Limited has experienced an upsurge of 6.34%.
When was the last Balance Sheet of National Handloom Development Corporation Limited filed with the ROC?
The most recent Balance Sheet for National Handloom Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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