Nawal Textiles Limited

A company that engages in various business activities such as trading, manufacturing, exporting, and importing.

1938 | Mumbai, Maharashtra (India) | Active
Last Updated: January 20, 2025

Nawal Textiles Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.72 Cr
  • Company Age 86 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.15 Cr
  • Revenue Growth %
  • Profit Growth 6.79%
  • Ebitda 6.72%
  • Net Worth -0.04%
  • Total Assets -14.12%

About Nawal Textiles

Nawal Textiles Limited (NTL) was founded in India on 03 October 1938 and has a glorious history of 86 years and four months.Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The Podar Trading Company Private Limited. The Company is engaged in the Trading 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 10.00 Cr and a paid-up capital of Rs 5.72 Cr.

The company currently has active open charges totaling ₹2.15 Cr.

Rajendra Bolya, Sitaram Verma, and Aakash Jadhav 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

    U51900MH1938PLC002837

  • Company No.

    002837

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Oct 1938

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Trading

Who are the key members and board of directors at Nawal Textiles?

Board Members (3)

NameDesignationAppointment DateStatus
Rajendra Bolya Country flag representing In Director 20-Mar-2008Current
Sitaram Verma Country flag representing In Director 02-May-1998Current
Aakash Jadhav Country flag representing In Director 22-Sep-2023Current

Financial Performance of Nawal Textiles.

Nawal Textiles Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a slight improvement in profitability, with a 6.79% increase in profit. The company's net worth dipped by a decrease of 0.04%.

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
Revenue from Operations
Total Assets
-14.12%
Profit or Loss
6.79%
Net Worth
-0.04%
EBITDA
6.72%

What is the Ownership and Shareholding Structure of Nawal Textiles?

In 2023, Nawal Textiles had a promoter holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.15 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Maharashtra State Financial Corporation : 1.00 Cr
  • Sicon Limited : 0.65 Cr
  • Arab Bangladesh Bank Limited : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 1997Arab Bangladesh Bank Limited₹2.50 MOpen
22 Jul 1997Arab Bangladesh Bank Limited₹2.50 MOpen
29 Mar 1996The Maharashtra State Financial Corporation₹1.00 CrOpen
24 Feb 1986Sicon Limited₹6.50 MOpen

How Many Employees Work at Nawal Textiles?

Unlock and access historical data on people associated with Nawal Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nawal Textiles, 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 Nawal Textiles'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 Nawal Textiles

Recent activity within the organization

  • Annual General Meeting

    Nawal Textiles Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Nawal Textiles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Aakash Jadhav was appointed as a Director was appointed as a Director on 22 Sep 2023 & has been associated with this company since 1 year 5 months .

    22 Sep 2023

  • Director Appointment

    Rajendra Manoharsingh Bolya was appointed as a Director was appointed as a Director on 20 Mar 2008 & has been associated with this company since 16 years 11 months .

    20 Mar 2008

  • Charges

    A charge with Arab Bangladesh Bank Limited of Rs. 0.25 Cr registered on 22 Sep 1997 with Charge ID 90163608 was modified on 13 May 1998.

    13 May 1998

  • Director Appointment

    Sitaram Baijnath Verma was appointed as a Director was appointed as a Director on 02 May 1998 & has been associated with this company since 26 years 9 months .

    02 May 1998

Frequently asked questions

  • Nawal Textiles Limited was incorporated on 03 Oct 1938.

  • The authorized share capital of Nawal Textiles Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.72 Cr.

  • Currently 3 directors are associated with Nawal Textiles Limited.

    • Rajendra Manoharsingh Bolya
    • Sitaram Baijnath Verma
    • Aakash Jadhav
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nawal Textiles Limited is Podar Chambers109 S A Brelvi Road Fort India, Mumbai, Maharashtra, 400001.

  • The corporate identification number (CIN) of Nawal Textiles Limited is U51900MH1938PLC002837 and the company number is 002837 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nawal Textiles Limited has experienced an downturn of -0.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nawal Textiles Limited amount to ₹ 2.15 Cr.

  • The most recent Balance Sheet for Nawal Textiles Limited was filed with the ROC on 31 Mar 2024.

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