Neco Industries Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 0.50 M
- Company Age 34 Year, 26 Days
- 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. 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
Who are the key members and board of directors at Neco Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Basant Shaw  | Director | 24-Sep-1997 | Current |
| Avneesh Jayaswal | Director | 05-May-2010 | Current |
| Anil Gupta | Director | 10-Apr-2018 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Oxys Learning Private LimitedAvneesh Jayaswal is a mutual person
Pondicherry -Tindivanam Tollway Private LimitedAnil Gupta is a mutual person
Jayaswal Holdings Pvt LtdBasant Shaw is a mutual person
Cyberabad Expressways LimitedAnil Gupta is a mutual person
Central India Developers LimitedBasant Shaw and Avneesh Jayaswal are mutual person
- Neco Ceramics Limited
Basant Shaw and Avneesh Jayaswal are mutual person
Charges (Loans)
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.
Deals i
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
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.
