

Neco Ceramics Profile
Key Indicators
- Authorised Capital ₹ 1.65 Cr
- Paid Up Capital ₹ 1.63 Cr
- Company Age 95 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3,200.00 Cr
- Satisfied Charges ₹ 4,786.08 Cr
- Revenue Growth -62.31%
- Profit Growth 55.65%
- Ebitda 54.19%
- Net Worth -9.82%
- Total Assets -3.84%
About Neco Ceramics
Neco Ceramics Limited (NCL) was founded in India on 22 February 1930 and has a glorious history of 95 years and two months.Its registered office is in Nagpur, 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 2024. It's a company limited by shares with an authorized capital of Rs 1.65 Cr and a paid-up capital of Rs 1.63 Cr.
The company currently has active open charges totaling ₹3,200.00 Cr. The company has closed loans amounting to ₹4,786.08 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anand Jayaswal, Avneesh Jayaswal, and Basant Shaw serve as directors at the Company.
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U99999MH1930PLC010268
- Company No.
010268
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Feb 1930
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Neco Ceramics?
Board Members (3)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Anand Jayaswal ![]() | Director | 04-Sep-2008 | Current |
Avneesh Jayaswal ![]() | Director | 05-Mar-2012 | Current |
Basant Shaw ![]() | Director | 01-Apr-2005 | Current |
Financial Performance of Neco Ceramics.
Neco Ceramics Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 62.31% decrease. The company also saw a substantial improvement in profitability, with a 55.65% increase in profit. The company's net worth dipped by a decrease of 9.82%.


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- Balance Sheet
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What is the Ownership and Shareholding Structure of Neco Ceramics?
In 2022, Neco Ceramics had a promoter holding of 98.48% and a public holding of 1.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Oxys Learning Private Limited
Avneesh Jayaswal is a mutual person
- Neco Defence Systems Private Limited
Anand Jayaswal is a mutual person
- Jayaswal Holdings Pvt Ltd
Basant Shaw is a mutual person
- Nssl Private Limited
Anand Jayaswal is a mutual person
- Econo Valves Limited
Anand Jayaswal is a mutual person
- Neco Defence Munitions Private Limited
Anand Jayaswal is a mutual person
Charges (Loans)
₹3,200.00 Cr
₹4,786.08 Cr
Charges Breakdown by Lending Institutions
- Others : 3200.00 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
18 Dec 2023 | Others | ₹3,200.00 Cr | Open |
07 Nov 2012 | State Bank Of India | ₹0.51 M | Satisfied |
25 Jun 2012 | Others | ₹4,525.86 Cr | Satisfied |
20 Dec 2006 | Allahabad Bank | ₹222.43 Cr | Satisfied |
27 Sep 2006 | Allahabad Bank | ₹30.43 Cr | Satisfied |
How Many Employees Work at Neco Ceramics?
Unlock and access historical data on people associated with Neco Ceramics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Neco Ceramics, 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 Neco Ceramics'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 Neco Ceramics
Recent activity within the organization
- Annual General Meeting
Neco Ceramics Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Neco Ceramics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Others amounted to Rs. 3,200.00 Cr with Charge ID 100835082 was registered on 18 Dec 2023.
- Charges
A charge registered on 25 Jun 2012 via Charge ID 10364493 with Others was fully satisfied on 14 Dec 2023.
- Charges
A charge with Others of Rs. 4,525.86 Cr registered on 25 Jun 2012 with Charge ID 10364493 was modified on 14 Dec 2022.
- Charges
A charge registered on 27 Sep 2006 via Charge ID 10025579 with Allahabad Bank was fully satisfied on 09 Aug 2017.
Recent News, Updates & Announcement
- Steel Squad Goals: JSW, Sunflag, Usha Martin, Gerdau, Vardhman, and Jayaswal Neco Unite to Request DGTR Investigation and Anti-Dumping Duties on Steel Products.
When your squad of steel companies (JSW, Sunflag, Usha Martin, Gerdau, Vardhman, and Jayaswal Neco) team up to ask DGTR to investigate and tax some steel products. #AntiDumpingDuties #SteelSquadGoals #DGTRInvestigations.
- Supreme Court orders ‘status quo’ on Jayaswal Neco’s insolvency proceedings | Mint.
Supreme Court's order effectively halts the insolvency proceedings against Jayaswal Neco Industries, for now.
Frequently asked questions
What is the Incorporation or founding date of Neco Ceramics Limited?
Neco Ceramics Limited was incorporated on 22 Feb 1930.
What is authorized share capital and paid-up capital of Neco Ceramics Limited?
The authorized share capital of Neco Ceramics Limited is ₹ 1.65 Cr and paid-up capital is ₹ 1.63 Cr.
Who are the current board members & directors of Neco Ceramics Limited?
Currently 3 directors are associated with Neco Ceramics Limited.
- Anand Jayaswal
- Avneesh Jayaswal
- Basant Lal Shaw
What is the registered address of Neco Ceramics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Neco Ceramics Limited is Bagadganj India, Nagpur, Maharashtra, 440008.
What is the corporate identification number (CIN) and company number of Neco Ceramics Limited?
The corporate identification number (CIN) of Neco Ceramics Limited is U99999MH1930PLC010268 and the company number is 010268 as per Ministry of Corporate Affairs (MCA).
What is the official website of Neco Ceramics Limited?
The Official website of Neco Ceramics Limited is https://www.necoindia.com
What has been the recent revenue trend for Neco Ceramics Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Neco Ceramics Limited has fallen by -62.31%.
What change has been observed in the net worth of Neco Ceramics Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Neco Ceramics Limited has experienced an downturn of -9.82%.
What are the total open charges for Neco Ceramics Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Neco Ceramics Limited amount to ₹ 3,200.00 Cr.
When was the last Balance Sheet of Neco Ceramics Limited filed with the ROC?
The most recent Balance Sheet for Neco Ceramics Limited was filed with the ROC on 31 Mar 2024.
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