Neco Heavy Engineering And Castings Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 3.70 Cr
as on 16-11-2024
- Company Age 37 Year, 23 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 30.97 Cr
as on 16-11-2024
- Satisfied Charges ₹ 39.20 Cr
as on 16-11-2024
- Revenue 51.55%
(FY 2023)
- Profit 112.52%
(FY 2023)
- Ebitda 189.66%
(FY 2023)
- Net Worth 6.33%
(FY 2023)
- Total Assets 4.74%
(FY 2023)
About Neco Heavy Engineering And Castings
The Corporate was formerly known as Neco Castings Ltd. The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 3.70 Cr.
The company currently has active open charges totaling ₹30.97 Cr. The company has closed loans amounting to ₹39.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Arvindkumar Jayaswal, Ramesh Jayaswal, and Om Prakash serve as directors at the Company.
- CIN/LLPIN
U27300MH1987PTC045436
- Company No.
045436
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Nov 1987
- Date of AGM
26 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Neco Heavy Engineering And Castings Private Limited offer?
Neco Heavy Engineering And Castings Private Limited offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Hand Tools, Metal Pipe & Plumbing Fittings, Pipe Bends, Bricks & Construction Aggregates, Refractory Bricks, Sewerage and Drainage Products, Manhole Covers, Industrial Furnaces & Ovens, Industrial Ovens.
Who are the key members and board of directors at Neco Heavy Engineering And Castings?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvindkumar Jayaswal  | Director | 12-Apr-2007 | Current |
| Ramesh Jayaswal | Director | 12-Apr-2007 | Current |
| Om Prakash | Whole-Time Director | 18-Feb-2023 | Current |
Financial Performance and Corporate Structure Insights of Neco Heavy Engineering And Castings.
Neco Heavy Engineering And Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.55% increase. The company also saw a substantial improvement in profitability, with a 112.52% increase in profit. The company's net worth moved up by a moderate rise of 6.33%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Neco Heavy Engineering And Castings?
In 2023, Neco Heavy Engineering And Castings had a promoter holding of 57.78% and a public holding of 42.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jayaswal Neco Industries LimitedActive 52 years 21 daysArvindkumar Jayaswal and Ramesh Jayaswal are mutual person
Jayaswal Holdings Pvt LtdActive 40 years 3 monthsArvindkumar Jayaswal and Ramesh Jayaswal are mutual person
- Nine Star Plastic Packaging Services P LtdActive 35 years 2 months
Arvindkumar Jayaswal is a mutual person
- Jayaswal Neco Steel And Mining LimitedActive 28 years 7 months
Arvindkumar Jayaswal and Ramesh Jayaswal are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 21 May 2022 | ₹1.13 Cr | Open |
State Bank Of India Creation Date: 23 Mar 2021 | ₹2.15 Cr | Open |
State Bank Of India Creation Date: 05 Sep 2007 | ₹13.50 Cr | Open |
How Many Employees Work at Neco Heavy Engineering And Castings?
Neco Heavy Engineering And Castings has a workforce of 62 employees as of Apr 03, 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 Neco Heavy Engineering And Castings, 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 Heavy Engineering And Castings'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
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