Navjeevan Synthetics Private Limited

Textile manufacturer and trader of various fabrics including velvet, cotton, and chiffon.

1985 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Navjeevan Synthetics Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.23 Cr
  • Company Age 39 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 19.45 Cr
  • Satisfied Charges ₹ 31.90 Cr
  • Revenue Growth 2.25%
  • Profit Growth 53.31%
  • Ebitda -23.02%
  • Net Worth -9.31%
  • Total Assets -6.29%

About Navjeevan Synthetics

Navjeevan Synthetics Private Limited (NSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1985 and has a history of 39 years and two months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.23 Cr.

The company currently has active open charges totaling ₹19.45 Cr. The company has closed loans amounting to ₹31.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhruv Somani, Ramnarayan Somani, and Tribhuvan Pandey serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17110MH1985PTC038193

  • Company No.

    038193

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Navjeevan Synthetics Private Limited offer?

Navjeevan Synthetics Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Other Textile Fabrics, Natural Fabric, Industrial Fabrics and Textiles, Canvas Sheet, Cotton Textile, Polycotton Fabric.

Who are the key members and board of directors at Navjeevan Synthetics?

Board Members (3)

NameDesignationAppointment DateStatus
Dhruv Somani Country flag representing In Director 01-Feb-1993Current
Ramnarayan Somani Country flag representing In Director 01-Dec-1985Current
Tribhuvan Pandey Country flag representing In Director 05-Apr-2023Current

Financial Performance of Navjeevan Synthetics.

Navjeevan Synthetics Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.25% increase. The company also saw a substantial improvement in profitability, with a 53.31% increase in profit. The company's net worth dipped by a decrease of 9.31%.

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
2.25%
Revenue from Operations
1.97%
Total Assets
-6.29%
Profit or Loss
53.31%
Net Worth
-9.31%
EBITDA
-23.02%

What is the Ownership and Shareholding Structure of Navjeevan Synthetics?

In 2023, Navjeevan Synthetics 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

₹19.45 Cr

Satisfied Charges

₹31.90 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 17.25 Cr
  • Karnataka Bank Limited : 1.00 Cr
  • The Karnataka Bank Limited : 1.00 Cr
  • Union Bank Of India : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
14 Jan 2022Karnataka Bank Ltd.₹2.50 CrOpen
15 Jun 2020Karnataka Bank Ltd.₹2.50 CrOpen
30 Jan 2019Karnataka Bank Ltd.₹2.25 CrOpen
30 Oct 2015Karnataka Bank Ltd.₹2.50 MOpen
25 Apr 2014Karnataka Bank Limited₹1.00 CrOpen

How Many Employees Work at Navjeevan Synthetics?

Navjeevan Synthetics has a workforce of 95 employees as of Mar 31, 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 Navjeevan Synthetics, 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 Navjeevan Synthetics'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 Navjeevan Synthetics

Recent activity within the organization

  • Annual General Meeting

    Navjeevan Synthetics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 9.75 Cr registered on 15 Feb 1995 with Charge ID 90212614 was modified on 28 Jun 2023.

    28 Jun 2023

  • Director Appointment

    Tribhuvan Kashinath Pandey was appointed as a Director was appointed as a Director on 05 Apr 2023 & has been associated with this company since 1 year 10 months .

    05 Apr 2023

  • Balance Sheet

    Navjeevan Synthetics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 25 Jun 2014 via Charge ID 10510342 with Karnataka Bank Limited was fully satisfied on 06 Jun 2022.

    06 Jun 2022

  • Charges

    A charge registered on 31 Mar 2017 via Charge ID 100089443 with Others was fully satisfied on 24 Mar 2022.

    24 Mar 2022

Frequently asked questions

  • Navjeevan Synthetics Private Limited was incorporated on 29 Nov 1985.

  • The authorized share capital of Navjeevan Synthetics Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.23 Cr.

  • Currently 3 directors are associated with Navjeevan Synthetics Private Limited.

    • Dhruv Kumar Somani
    • Ramnarayan Nathmal Somani
    • Tribhuvan Kashinath Pandey
  • As per Ministry of Corporate Affairs (Mca), the registered address of Navjeevan Synthetics Private Limited is Laxmi Bhavan 4Th Floor 158/164 Kalbadevi RoadOpp. Cotton Exchange, Mumbai, Maharashtra, India, 400002.

  • The corporate identification number (CIN) of Navjeevan Synthetics Private Limited is U17110MH1985PTC038193 and the company number is 038193 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Navjeevan Synthetics Private Limited has risen by 2.25%.

  • As Per 2023 financial reports, 95 employees are currently employed by Navjeevan Synthetics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Navjeevan Synthetics Private Limited has experienced an downturn of -9.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Navjeevan Synthetics Private Limited amount to ₹ 19.45 Cr.

  • The most recent Balance Sheet for Navjeevan Synthetics Private Limited was filed with the ROC on 31 Mar 2023.

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