Neco Defence Systems Private Limited

Supplier of homeland security equipment and solutions for Indian defense industry.

2010 | Nagpur, Maharashtra (India) | Active
Last Updated:

Neco Defence Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.60 Cr
  • Paid Up Capital ₹ 2.54 Cr
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 54.23%
  • Profit Growth 236.85%
  • Ebitda -271.23%
  • Net Worth 22.33%
  • Total Assets 80.67%

About Neco Defence Systems

Neco Defence Systems Private Limited (NDSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 June 2010 and has a history of 14 years and nine months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Neco Defence Systems Private Limited. The Company is engaged in the Aerospace, Maritime And Defense 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 2.60 Cr and a paid-up capital of Rs 2.54 Cr.

The company has closed loans amounting to ₹1.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Anand Jayaswal and Siddharth Jaiswal 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

    U75301MH2010PTC204477

  • Company No.

    204477

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Jun 2010

  • Date of AGM

    29 Oct 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Aerospace, Maritime and Defense

What products or services does Neco Defence Systems Private Limited offer?

Neco Defence Systems Private Limited offers a wide range of products and services, including Biometrics & Access Control Devices, Fingerprint Scanners.

Company report

Neco Defence Systems Private Limited

Explore comprehensive data for Neco Defence Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Neco Defence Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Anand Jayaswal Country flag representing In Director 18-Jun-2010Current
Siddharth Jaiswal Country flag representing In Director 06-Aug-2010Current

Financial Performance of Neco Defence Systems.

Neco Defence Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.23% increase. The company also saw a substantial improvement in profitability, with a 236.85% increase in profit. The company's net worth Soared by an impressive increase of 22.33%.

Neco Defence Systems revenue growth over time
Neco Defence Systems 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
54.23%
Revenue from Operations
56.27%
Total Assets
80.67%
Profit or Loss
236.85%
Net Worth
22.33%
EBITDA
-271.23%

What is the Ownership and Shareholding Structure of Neco Defence Systems?

In 2023, Neco Defence Systems had a promoter holding of 6.68% and a public holding of 93.32%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
04 Apr 2019Axis Bank Limited₹1.50 CrSatisfied

How Many Employees Work at Neco Defence Systems?

Neco Defence Systems has a workforce of 29 employees as of Apr 09, 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.

Employee growth trends for Neco Defence Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neco Defence Systems, 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 Defence Systems'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 Neco Defence Systems

Recent activity within the organization

  • Annual General Meeting

    Neco Defence Systems Private Limited last Annual general meeting of members was held on 29 Oct 2024 as per latest MCA records.

  • Balance Sheet

    Neco Defence Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 04 Apr 2019 via Charge ID 100256113 with Axis Bank Limited was fully satisfied on 02 Nov 2019.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 Cr with Charge ID 100256113 was registered on 04 Apr 2019.

  • Director Appointment

    Siddharth Vijay Jaiswal was appointed as a Director was appointed as a Director on 06 Aug 2010 & has been associated with this company since 14 years 8 months .

  • Director Appointment

    Anand Jayaswal was appointed as a Director was appointed as a Director on 18 Jun 2010 & has been associated with this company since 14 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of Neco Defence Systems Private Limited?

    Neco Defence Systems Private Limited was incorporated on 18 Jun 2010.

  • What is authorized share capital and paid-up capital of Neco Defence Systems Private Limited?

    The authorized share capital of Neco Defence Systems Private Limited is ₹ 2.60 Cr and paid-up capital is ₹ 2.54 Cr.

  • Who are the current board members & directors of Neco Defence Systems Private Limited?

    Currently 2 directors are associated with Neco Defence Systems Private Limited.

    • Anand Jayaswal
    • Siddharth Vijay Jaiswal

  • What is the registered address of Neco Defence Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neco Defence Systems Private Limited is T-45, Midc Industrial Area Hingna Road India, Nagpur, Maharashtra, 440016.

  • What is the corporate identification number (CIN) and company number of Neco Defence Systems Private Limited?

    The corporate identification number (CIN) of Neco Defence Systems Private Limited is U75301MH2010PTC204477 and the company number is 204477 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Neco Defence Systems Private Limited?

    The Official website of Neco Defence Systems Private Limited is https://www.necodefence.com

  • What has been the recent revenue trend for Neco Defence Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Neco Defence Systems Private Limited has risen by 54.23%.

  • How many employees does Neco Defence Systems Private Limited currently have?

    As Per 2023 financial reports, 29 employees are currently employed by Neco Defence Systems Private Limited.

  • What change has been observed in the net worth of Neco Defence Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Neco Defence Systems Private Limited has experienced an upsurge of 22.33%.

  • When was the last Balance Sheet of Neco Defence Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Neco Defence Systems Private Limited was filed with the ROC on 31 Mar 2024.

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