Navyug India Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 2.25 Cr
- Company Age 51 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 10.30 Cr
- Satisfied Charges ₹ 27.69 Cr
- Revenue Growth -36.44%
- Profit Growth -48.26%
- Ebitda -15.68%
- Net Worth 0.89%
- Total Assets -9.78%
About Navyug India
Navyug India Limited (NIL) was founded in India on 03 December 1973 and has a glorious history of 51 years and three months. Its registered office is in Punjab, Punjab.
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 2.50 Cr and a paid-up capital of Rs 2.25 Cr.
The company currently has active open charges totaling ₹10.30 Cr. The company has closed loans amounting to ₹27.69 Cr, as per Ministry of Corporate Affairs (MCA) records.
Avnish Parmar, Rajnish Parmar, Santosh Parmar, and Two other members serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27109PB1973PLC003371
- Company No.
003371
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Dec 1973
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Manufacturing
Who are the key members and board of directors at Navyug India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Santosh Parmar  | Managing Director | 27-Jul-1992 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Avnish Parmar | Whole-Time Director | 30-Sep-1997 | Current |
| Rajnish Parmar | Whole-Time Director | 18-Nov-2014 | Current |
| Munish Parmar | Whole-Time Director | 22-Oct-2014 | Current |
| Anish Parmar | Director | 12-Jun-2024 | Current |
Financial Performance of Navyug India.
Navyug India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.44% decrease. The company also saw a substantial fall in profitability, with a 48.26% decrease in profit. The company's net worth moved up by a moderate rise of 0.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Navyug India?
In 2023, Navyug India had a promoter holding of 99.69% and a public holding of 0.31%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹10.30 Cr
Satisfied Charges
₹27.69 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 10.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Dec 2018 | Axis Bank Limited | ₹10.30 Cr | Open |
| 16 Jun 2016 | Others | ₹9.95 Cr | Satisfied |
| 20 Jan 2015 | Oriental Bank Of Commerce | ₹1.70 Cr | Satisfied |
| 24 Dec 2014 | Others | ₹8.70 Cr | Satisfied |
| 23 Apr 2007 | State Bank Of India | ₹7.34 Cr | Satisfied |
How Many Employees Work at Navyug India?
Navyug India has a workforce of 55 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Navyug India, 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 Navyug India'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 Navyug India
Recent activity within the organization
- Charges
A charge with Axis Bank Limited of Rs. 10.30 Cr registered on 06 Dec 2018 with Charge ID 100225141 was modified on 20 Jul 2024.
- Director Appointment
Anish Parmar was appointed as a Director was appointed as a Director on 12 Jun 2024 & has been associated with this company since 9 months 15 days .
- Annual General Meeting
Navyug India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Navyug India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge registered on 16 Jun 2016 via Charge ID 100042394 with Others was fully satisfied on 29 Aug 2019.
- Charges
A charge with Axis Bank Limited amounted to Rs. 10.30 Cr with Charge ID 100225141 was registered on 06 Dec 2018.
Frequently asked questions
What is the Incorporation or founding date of Navyug India Limited?
Navyug India Limited was incorporated on 03 Dec 1973.
What is authorized share capital and paid-up capital of Navyug India Limited?
The authorized share capital of Navyug India Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.25 Cr.
Who are the current board members & directors of Navyug India Limited?
Currently 5 directors are associated with Navyug India Limited.
- Avnish Parmar
- Rajnish Parmar
- Santosh Kumar Parmar
- Munish Kumar Parmar
- Anish Parmar
What is the registered address of Navyug India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Navyug India Limited is G T Roadbye Pass Jalandhar India, Punjab.
What is the corporate identification number (CIN) and company number of Navyug India Limited?
The corporate identification number (CIN) of Navyug India Limited is U27109PB1973PLC003371 and the company number is 003371 as per Ministry of Corporate Affairs (MCA).
What is the official website of Navyug India Limited?
The Official website of Navyug India Limited is https://www.navyugbelts.com
What has been the recent revenue trend for Navyug India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Navyug India Limited has fallen by -36.44%.
How many employees does Navyug India Limited currently have?
As Per 2023 financial reports, 55 employees are currently employed by Navyug India Limited.
What change has been observed in the net worth of Navyug India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Navyug India Limited has experienced an upsurge of 0.89%.
What are the total open charges for Navyug India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Navyug India Limited amount to ₹ 10.30 Cr.
When was the last Balance Sheet of Navyug India Limited filed with the ROC?
The most recent Balance Sheet for Navyug India Limited was filed with the ROC on 31 Mar 2023.
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