Naveen Merico Engineering Co. Private Limited

Provides contract work, machinery sales, and mobilization services as part of SNA Group since 1995.

1995 | Kolkata, West Bengal (India) | Active
Last Updated: December 22, 2024

Naveen Merico Engineering Co. Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 30 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 187.84 Cr
  • Satisfied Charges ₹ 58.59 Cr
  • Revenue Growth -6.51%
  • Profit Growth 127.09%
  • Ebitda -38.32%
  • Net Worth 10.65%
  • Total Assets 13.35%

About Naveen Merico Engineering Co.

Naveen Merico Engineering Co. Private Limited (NMECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 1995 and has a history of 30 years. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Merico Engineering Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.53 Cr.

The company currently has active open charges totaling ₹187.84 Cr. The company has closed loans amounting to ₹58.59 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shubham Agarwal, Naveen Agarwal, Satyanarayan Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27106WB1995PTC067134

  • Company No.

    067134

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1995

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Financial Services
Machinery and Equipment
Engineering

What products or services does Naveen Merico Engineering Co. Private Limited offer?

Naveen Merico Engineering Co. Private Limited offers a wide range of products and services, including Building & Real Estate Developers, Construction Service, Construction Equipment Rentals, Man Lifts Rental Service, Excavator and Earth Moving Machinery, Earthmoving Machinery, Earthmoving Equipment Rental, Construction Equipment Rental, Building & Construction Machines, Concrete Equipment.

Who are the key members and board of directors at Naveen Merico Engineering Co.?

Board Members (4)

NameDesignationAppointment DateStatus
Shubham Agarwal Country flag representing In Director 14-Mar-2023Current
Naveen Agarwal Country flag representing In Director 15-Mar-2003Current
Satyanarayan Agarwal Country flag representing In Director 15-Mar-2003Current
Sachin Agarwal Country flag representing In Director 16-Nov-2001Current

Financial Performance of Naveen Merico Engineering Co..

Naveen Merico Engineering Co. Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 6.51% decrease. The company also saw a substantial improvement in profitability, with a 127.09% increase in profit. The company's net worth Soared by an impressive increase of 10.65%.

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
-6.51%
Revenue from Operations
-11.96%
Total Assets
13.35%
Profit or Loss
127.09%
Net Worth
10.65%
EBITDA
-38.32%

What is the Ownership and Shareholding Structure of Naveen Merico Engineering Co.?

In 2023, Naveen Merico Engineering Co. had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹187.84 Cr

Satisfied Charges

₹58.59 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 70.04 Cr
  • Tata Capital Financial Services Limited : 31.65 Cr
  • Yes Bank Limited : 29.38 Cr
  • Others : 27.15 Cr
  • Axis Bank Limited : 19.55 Cr
  • Others : 10.08 Cr

Latest Charge Details

DateLenderAmountStatus
16 Nov 2024Hdfc Bank Limited₹3.08 CrOpen
30 Oct 2024Hdfc Bank Limited₹2.14 CrOpen
24 Nov 2023Axis Bank Limited₹7.96 CrOpen
16 Nov 2023Axis Bank Limited₹2.79 CrOpen
29 Aug 2023Hdfc Bank Limited₹6.00 CrOpen

How Many Employees Work at Naveen Merico Engineering Co.?

Naveen Merico Engineering Co. has a workforce of 61 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Naveen Merico Engineering Co., 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 Naveen Merico Engineering Co.'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 Naveen Merico Engineering Co.

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.08 Cr with Charge ID 101004242 was registered on 16 Nov 2024.

    16 Nov 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.14 Cr with Charge ID 101017618 was registered on 30 Oct 2024.

    30 Oct 2024

  • Annual General Meeting

    Naveen Merico Engineering Co. Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Naveen Merico Engineering Co. Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 7.96 Cr with Charge ID 100832289 was registered on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.79 Cr with Charge ID 100832288 was registered on 16 Nov 2023.

    16 Nov 2023

Frequently asked questions

  • Naveen Merico Engineering Co. Private Limited was incorporated on 05 Jan 1995.

  • The authorized share capital of Naveen Merico Engineering Co. Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.53 Cr.

  • Currently 4 directors are associated with Naveen Merico Engineering Co. Private Limited.

    • Shubham Agarwal
    • Naveen Agarwal
    • Satyanarayan Agarwal
    • Sachin Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Naveen Merico Engineering Co. Private Limited is 238/A A.J.C. Bose Road 3Rd Floor India, Kolkata, West Bengal, 700020.

  • The corporate identification number (CIN) of Naveen Merico Engineering Co. Private Limited is U27106WB1995PTC067134 and the company number is 067134 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Naveen Merico Engineering Co. Private Limited is https://www.snagroup.net

  • According to the financial reports for the fiscal year 2022, the revenue trend for Naveen Merico Engineering Co. Private Limited has fallen by -6.51%.

  • As Per 2022 financial reports, 61 employees are currently employed by Naveen Merico Engineering Co. Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Naveen Merico Engineering Co. Private Limited has experienced an upsurge of 10.65%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Naveen Merico Engineering Co. Private Limited amount to ₹ 187.84 Cr.

  • The most recent Balance Sheet for Naveen Merico Engineering Co. Private Limited was filed with the ROC on 31 Mar 2024.

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