Neco Industries Limited

Trading office machinery, equipment, and furniture since 1991 in Nagpur, Maharashtra.

1991 | Nagpur, Maharashtra (India) | Active
Last Updated:

Neco Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 34 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 16.67%
  • Profit Growth 100.23%
  • Ebitda 99.70%
  • Net Worth 0.35%
  • Total Assets 0.23%

About Neco Industries

Neco Industries Limited (NIL) is a Public Limited Indian Non-Government Company incorporated in India on 28 January 1991 and has a history of 34 years and three months. Its registered office is in Nagpur, Maharashtra, India.

The Corporate was formerly known as Jayaswal Neco Power Holding Company Limited. The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.

Basant Shaw, Avneesh Jayaswal, and Anil Gupta 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

    U65191MH1991PLC060014

  • Company No.

    060014

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 1991

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables
Company report

Neco Industries Limited

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

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

Board Members (3)

NameDesignationAppointment DateStatus
Basant Shaw Country flag representing In Director 24-Sep-1997Current
Avneesh Jayaswal Country flag representing In Director 05-May-2010Current
Anil Gupta Country flag representing In Director 10-Apr-2018Current

Financial Performance of Neco Industries.

Neco Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.67% increase. The company also saw a substantial improvement in profitability, with a 100.23% increase in profit. The company's net worth moved up by a moderate rise of 0.35%.

Neco Industries revenue growth over time
Neco Industries 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
16.67%
Revenue from Operations
Total Assets
0.23%
Profit or Loss
100.23%
Net Worth
0.35%
EBITDA
99.70%

What is the Ownership and Shareholding Structure of Neco Industries?

In 2023, Neco Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Neco Industries?

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

Employee growth trends for Neco Industries Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Anil Kumar Gupta was appointed as a Director was appointed as a Director on 10 Apr 2018 & has been associated with this company since 7 years 1 month .

  • Director Appointment

    Avneesh Jayaswal was appointed as a Director was appointed as a Director on 05 May 2010 & has been associated with this company since 15 years 22 days .

  • Director Appointment

    Basant Lal Shaw was appointed as a Director was appointed as a Director on 24 Sep 1997 & has been associated with this company since 27 years 8 months .

  • Company Incorporation

    Neco Industries Limited was registered on 28 Jan 1991 with Roc Mumbai & aged 34 years 3 months as per MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Neco Industries Limited?

    Neco Industries Limited was incorporated on 28 Jan 1991.

  • What is authorized share capital and paid-up capital of Neco Industries Limited?

    The authorized share capital of Neco Industries Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.50 M.

  • Who are the current board members & directors of Neco Industries Limited?

    Currently 3 directors are associated with Neco Industries Limited.

    • Basant Lal Shaw
    • Avneesh Jayaswal
    • Anil Kumar Gupta

  • What is the registered address of Neco Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neco Industries Limited is Plot No.65/2, Nildoh Digdoh Midc Industrial Area India, Nagpur, Maharashtra, 440016.

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

    The corporate identification number (CIN) of Neco Industries Limited is U65191MH1991PLC060014 and the company number is 060014 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Neco Industries Limited?

    The Official website of Neco Industries Limited is https://www.necoindia.com

  • What has been the recent revenue trend for Neco Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Neco Industries Limited has risen by 16.67%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Neco Industries Limited has experienced an upsurge of 0.35%.

  • When was the last Balance Sheet of Neco Industries Limited filed with the ROC?

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

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Furniture Retail & Distribution