

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
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 Limited
Avneesh Jayaswal is a mutual person
- Pondicherry -Tindivanam Tollway Private Limited
Anil Gupta is a mutual person
- Jayaswal Holdings Pvt Ltd
Basant Shaw is a mutual person
- Cyberabad Expressways Limited
Anil Gupta is a mutual person
- Central India Developers Limited
Basant 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.
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 6 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 7 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
- 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 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.
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
People also Viewed
MJ
Manoj JayaswalDirectorAJ
Arvindkumar JayaswalDirectorRJ
Ramesh JayaswalDirectorSM
Susanta MoitraDirector
Similar Companies Based on Furniture Retail & Distribution
- Himachal Pradesh State Forest Development Corporation Limited Shimla, Himachal Pradesh, India
- Euro Pratik Sales Private Limited Mumbai, Maharashtra, India
- Hafele India Private Limited Mumbai, Maharashtra, India
- Daxer Trading Private Limited Bangalore, Karnataka, India
- Jeyachandran Industries Private Limited Chennai, Tamil Nadu, India
- Livspace India Private Limited Bangaluru, Karnataka, India
- The Woodenstreet Furnitures Private Limited Jaipur, Rajasthan, India
- Hindware Home Innovation Limited Kolkata, West Bengal, India