Neco Leasing And Finance Pvt Ltd

Provides financing and leasing services for various equipment and machinery.

1987 | Nagpur, Maharashtra (India) | Active
Last Updated:

Neco Leasing And Finance Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3,200.00 Cr
  • Satisfied Charges ₹ 4,669.44 Cr
  • Revenue Growth %
  • Profit Growth -1737.22%
  • Ebitda -1281.57%
  • Net Worth -221.64%
  • Total Assets -1.21%

About Neco Leasing And Finance

Neco Leasing And Finance Pvt Ltd (NLAFPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 July 1987 and has a history of 37 years and eight months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Financial Services 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 2.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹3,200.00 Cr. The company has closed loans amounting to ₹4,669.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Avneesh Jayaswal and Karishma Jayaswal 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

    U65920MH1987PTC043982

  • Company No.

    043982

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 1987

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at Neco Leasing And Finance?

Board Members (2)

NameDesignationAppointment DateStatus
Avneesh Jayaswal Country flag representing In Director 30-Mar-2015Current
Karishma Jayaswal Country flag representing In Director 30-Mar-2015Current

Financial Performance of Neco Leasing And Finance.

Neco Leasing And Finance Pvt Ltd, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 1737.22% decrease in profit. The company's net worth observed a substantial decline by a decrease of 221.64%.

Neco Leasing And Finance revenue growth over time
Neco Leasing And Finance 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
Revenue from Operations
Total Assets
-1.21%
Profit or Loss
-1737.22%
Net Worth
-221.64%
EBITDA
-1281.57%

What is the Ownership and Shareholding Structure of Neco Leasing And Finance?

In 2022, Neco Leasing And Finance had a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32,000.00 M

Satisfied Charges

₹46,694.43 M

Charges Breakdown by Lending Institutions

  • Others : 3200.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Dec 2023Others₹3,200.00 CrOpen
18 May 2022Idbi Trusteeship Services Limited₹4,525.86 CrSatisfied
16 Jan 2015Sbicap Trustee Company Limited₹143.58 CrSatisfied

How Many Employees Work at Neco Leasing And Finance?

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

Employee growth trends for Neco Leasing And Finance Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neco Leasing And Finance, 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 Leasing And Finance'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 Leasing And Finance

Recent activity within the organization

  • Charges

    A charge registered on 16 Jan 2015 via Charge ID 10548339 with Sbicap Trustee Company Limited was fully satisfied on 17 Oct 2024.

  • Annual General Meeting

    Neco Leasing And Finance Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Neco Leasing And Finance Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 32,000.00 M registered on 16 Dec 2023 with Charge ID 100833215 was modified on 26 Dec 2023.

  • Charges

    A charge with Others amounted to Rs. 32,000.00 M with Charge ID 100833215 was registered on 16 Dec 2023.

  • Charges

    A charge registered on 18 May 2022 via Charge ID 100578223 with Idbi Trusteeship Services Limited was fully satisfied on 14 Dec 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Neco Leasing And Finance Pvt Ltd?

    Neco Leasing And Finance Pvt Ltd was incorporated on 03 Jul 1987.

  • What is authorized share capital and paid-up capital of Neco Leasing And Finance Pvt Ltd?

    The authorized share capital of Neco Leasing And Finance Pvt Ltd is ₹ 2.00 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Neco Leasing And Finance Pvt Ltd?

    Currently 2 directors are associated with Neco Leasing And Finance Pvt Ltd.

    • Avneesh Jayaswal
    • Karishma Anand Jayaswal

  • What is the registered address of Neco Leasing And Finance Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neco Leasing And Finance Pvt Ltd is F-8 Midc Indl Areahingna Road India, Nagpur, Maharashtra, 440016.

  • What is the corporate identification number (CIN) and company number of Neco Leasing And Finance Pvt Ltd?

    The corporate identification number (CIN) of Neco Leasing And Finance Pvt Ltd is U65920MH1987PTC043982 and the company number is 043982 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Neco Leasing And Finance Pvt Ltd?

    The Official website of Neco Leasing And Finance Pvt Ltd is https://www.necoindia.com

  • What change has been observed in the net worth of Neco Leasing And Finance Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Neco Leasing And Finance Pvt Ltd has experienced an downturn of -221.64%.

  • What are the total open charges for Neco Leasing And Finance Pvt Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Neco Leasing And Finance Pvt Ltd amount to ₹ 3,200.00 Cr.

  • When was the last Balance Sheet of Neco Leasing And Finance Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Neco Leasing And Finance Pvt Ltd was filed with the ROC on 31 Mar 2024.

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