Navneet Education Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 45.24 Cr
- Company Age 40 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 500.00 Cr
- Satisfied Charges ₹ 306.81 Cr
- Revenue Growth 32.20%
- Profit Growth 137.90%
- Ebitda 52.84%
- Net Worth 8.50%
- Total Assets 11.54%
About Navneet Education
Navneet Education Limited (NEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 September 1984 and has a history of 40 years and seven months. Its registered office is in Mumbai, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 508989 and on the National Stock Exchange(NSE) under NAVNETEDUL.
The Corporate was formerly known as Bookwing Publications &Trading Company Limited. The Company is engaged in the Education 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 80.00 Cr and a paid-up capital of Rs 45.24 Cr.
The company currently has active open charges totaling ₹500.00 Cr. The company has closed loans amounting to ₹306.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Navneet Education Limited India are Amit Buch as COMPANY SECRETARY and Kalpesh Dedhia as Cfo. Kamlesh Vikamsey, Anil Gala, Gnanesh Gala, and Eight other members 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
L22200MH1984PLC034055
- Company No.
034055
- Stock Symbol
BSE : 508989 NSE : NAVNETEDUL
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Sep 1984
- Date of AGM
20 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Education
Media and Publishing
What products or services does Navneet Education Limited offer?
Navneet Education Limited offers a wide range of products and services, including Kids Fiction & Entertainment Books, School Book.
Navneet Education Limited
Explore comprehensive data for Navneet Education Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Navneet Education?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gnanesh Gala  | Managing Director | 01-Jun-2013 | Current |
| Raju Gala | Managing Director | 01-Jun-2013 | Current |
| Amit Buch | Company Secretary | 04-Jun-2007 | Current |
| Kalpesh Dedhia | CFO | 01-Feb-2022 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemal Patel  | Director | 22-May-2024 | Current |
| Drushti Desai | Director | 22-May-2024 | Current |
| Kamlesh Vikamsey | Director | 30-May-1992 | Current |
| Anil Gala | Whole-Time Director | 01-Jun-2013 | Current |
| Shailendra Gala | Whole-Time Director | 01-Jun-2013 | Current |
| Nirma Bhandari | Director | 22-May-2024 | Current |
Financial Performance of Navneet Education.
Navneet Education Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.2% increase. The company also saw a substantial improvement in profitability, with a 137.9% increase in profit. The company's net worth moved up by a moderate rise of 8.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Navneet Education?
In 2022, Navneet Education had a promoter holding of 63.31% and a public holding of 36.68%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Intech Organics LimitedAnil Swarup is a mutual person
Chemfab Alkalis LimitedDrushti Desai is a mutual person
K12 Techno Services Private LimitedGnanesh Gala is a mutual person
Navneet Futuretech LimitedAnil Gala, Gnanesh Gala and 1 more are mutual person
Nuvama Wealth Management LimitedKamlesh Vikamsey is a mutual person
- Nuvama Wealth And Investment Limited
Kamlesh Vikamsey is a mutual person
Charges (Loans)
Open Charges
₹500.00 Cr
Satisfied Charges
₹306.81 Cr
Charges Breakdown by Lending Institutions
- Il & Fs Trust Company Limited : 500.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Mar 2014 | Il & Fs Trust Company Limited | ₹500.00 Cr | Open |
| 09 Oct 2007 | Dbs Bank Ltd | ₹16.85 Cr | Satisfied |
| 26 May 2005 | Icici Bank Limited | ₹192.00 Cr | Satisfied |
| 20 Jan 2003 | Bnp Paribas | ₹20.00 Cr | Satisfied |
| 01 Jan 2003 | Bank Of India | ₹72.00 Cr | Satisfied |
How Many Employees Work at Navneet Education?
Navneet Education has a workforce of 3332 employees as of Apr 06, 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 Navneet Education, 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 Navneet Education'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 Navneet Education
Recent activity within the organization
- Annual General Meeting
Navneet Education Limited last Annual general meeting of members was held on 20 Aug 2024 as per latest MCA records.
- Director Appointment
Drushti Rahul Desai was appointed as a Director was appointed as a Director on 22 May 2024 & has been associated with this company since 11 months 24 days .
- Director Appointment
Hemal Madhubhai Patel was appointed as a Director was appointed as a Director on 22 May 2024 & has been associated with this company since 11 months 24 days .
- Director Appointment
Nirma Anil Bhandari was appointed as a Director was appointed as a Director on 22 May 2024 & has been associated with this company since 11 months 24 days .
- Balance Sheet
Navneet Education Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Dilip Chatrabhuj Sampat was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Jun 2023 & has been associated with this company since 1 year 11 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Navneet Education Limited?
Navneet Education Limited was incorporated on 18 Sep 1984.
What is authorized share capital and paid-up capital of Navneet Education Limited?
The authorized share capital of Navneet Education Limited is ₹ 80.00 Cr and paid-up capital is ₹ 45.24 Cr.
Who are the current board members & directors of Navneet Education Limited?
Currently 13 directors are associated with Navneet Education Limited.
- Kamlesh Shivji Vikamsey
- Anil Dungarshi Gala
- Gnanesh Dungarshi Gala
- Shailendra Jitendrabhai Gala
- Drushti Rahul Desai
- Hemal Madhubhai Patel
- Raju Harakhchand Gala
- Nirma Anil Bhandari
- Dilip Chatrabhuj Sampat
- Anil Swarup
- Krishnamurthy Ilango Viswanathan
- Amit Dushyant Buch
- Kalpesh Dhanji Dedhia
What is the registered address of Navneet Education Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Navneet Education Limited is Near Shardasharan Societybhavani Shanker Road Dadar India, Mumbai, Maharashtra, 400028.
What is the corporate identification number (CIN) and company number of Navneet Education Limited?
The corporate identification number (CIN) of Navneet Education Limited is L22200MH1984PLC034055 and the company number is 034055 as per Ministry of Corporate Affairs (MCA).
Is Navneet Education Limited registered with any stock exchange in India?
Yes, Navneet Education Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NAVNETEDUL.
What is the official website of Navneet Education Limited?
The Official website of Navneet Education Limited is https://www.navneet.com
What has been the recent revenue trend for Navneet Education Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Navneet Education Limited has risen by 32.20%.
How many employees does Navneet Education Limited currently have?
As Per 2022 financial reports, 3332 employees are currently employed by Navneet Education Limited.
What change has been observed in the net worth of Navneet Education Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Navneet Education Limited has experienced an upsurge of 8.50%.
What are the total open charges for Navneet Education Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Navneet Education Limited amount to ₹ 500.00 Cr.
When was the last Balance Sheet of Navneet Education Limited filed with the ROC?
The most recent Balance Sheet for Navneet Education Limited was filed with the ROC on 31 Mar 2024.
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