Ned Energy Limited

This company manufactures batteries for telecom industry and serves various clients globally.

1998 | Daman, Daman & Diu (India) | Active
Last Updated: November 16, 2024

Ned Energy Profile

Key Indicators

  • Authorised Capital ₹ 32.50 Cr
  • Paid Up Capital ₹ 6.58 Cr
  • Company Age 26 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Satisfied Charges ₹ 336.67 Cr
  • Revenue Growth -28.07%
  • Profit Growth -429.83%
  • Ebitda -180.35%
  • Net Worth -2.80%
  • Total Assets -14.29%

About Ned Energy

Ned Energy Limited (NEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 December 1998 and has a history of 26 years and two months. Its registered office is in Daman, Daman & Diu, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 32.50 Cr and a paid-up capital of Rs 6.58 Cr.

The company currently has active open charges totaling ₹10.00 Cr. The company has closed loans amounting to ₹336.67 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Ned Energy Limited India are Nivyata Batavia as COMPANY SECRETARY and Bhupala Raghuram as Ceo. Mahinderkumar Dayanand, Sanjaya Kulkarni, Raghupathy Thyagarajan, and Three other members serve as directors at the Company.

Company Details

  • Location

    Daman, Daman & Diu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nedenergy.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909DD1998PLC004665

  • Company No.

    004665

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 1998

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Consumer Electronics & Durables

What products or services does Ned Energy Limited offer?

Ned Energy Limited offers a wide range of products and services, including Casting, Moulding & Forging Machines, Casting Machines, Batteries & Charge Storage Devices, Solar Batteries, Industrial Batteries, Tubular Battery, Tubular Gel VRLA Battery, Two Wheeler Battery, VRLA Bike Battery, Batteries.

Who are the key members and board of directors at Ned Energy?

Executive Team (2)

NameDesignationAppointment DateStatus
Nivyata Batavia Company Secretary07-Mar-2024Current
Bhupala Raghuram CEO25-May-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Sanjaya Kulkarni Country flag representing In Director 29-Sep-2007Current
Raghupathy Thyagarajan Country flag representing In Director 10-Feb-2021Current
Deepak Bakhshi Country flag representing In Director 24-May-2019Current
Mahinderkumar Dayanand Country flag representing In Director 24-May-2019Current
Bharat Vageria Country flag representing In Director 29-Sep-2007Current
Vishal Jain Country flag representing In Whole-Time Director Current

Financial Performance of Ned Energy.

Ned Energy Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.07% decrease. The company also saw a substantial fall in profitability, with a 429.83% decrease in profit. The company's net worth dipped by a decrease of 2.8%.

Graph illustrating revenue growth over time
Graph showing 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
-28.07%
Revenue from Operations
-42.89%
Total Assets
-14.29%
Profit or Loss
-429.83%
Net Worth
-2.80%
EBITDA
-180.35%

What is the Ownership and Shareholding Structure of Ned Energy?

In 2023, Ned Energy had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 Cr

Satisfied Charges

₹336.67 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2024Axis Bank Limited₹10.00 CrOpen
30 Mar 2021State Bank Of India₹4.40 CrSatisfied
18 Apr 2020State Bank Of India₹2.50 CrSatisfied
19 May 2018State Bank Of India₹90.00 CrSatisfied
03 Sep 2013Axis Bank Limited₹49.00 CrSatisfied

How Many Employees Work at Ned Energy?

Ned Energy has a workforce of 53 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ned Energy, 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 Ned Energy'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 Ned Energy

Recent activity within the organization

  • Charges

    A charge registered on 19 May 2018 via Charge ID 100199413 with State Bank Of India was fully satisfied on 12 Apr 2024.

    12 Apr 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 Cr with Charge ID 100892762 was registered on 22 Mar 2024.

    22 Mar 2024

  • Director Appointment

    Nivyata Bharat Batavia was appointed as a Company Secretary was appointed as a Company Secretary on 07 Mar 2024 & has been associated with this company since 11 months 17 days .

    07 Mar 2024

  • Annual General Meeting

    Ned Energy Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge registered on 30 Mar 2021 via Charge ID 100445213 with State Bank Of India was fully satisfied on 10 Aug 2023.

    10 Aug 2023

  • Balance Sheet

    Ned Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Goa.

    31 Mar 2023

Frequently asked questions

  • Ned Energy Limited was incorporated on 11 Dec 1998.

  • The authorized share capital of Ned Energy Limited is ₹ 32.50 Cr and paid-up capital is ₹ 6.58 Cr.

  • Currently 8 directors are associated with Ned Energy Limited.

    • Nivyata Bharat Batavia
    • Mahinderkumar Wadhwa Dayanand
    • Sanjaya Shrikrishna Kulkarni
    • Raghupathy Thyagarajan
    • Bharat Kumar Ratanlal Vageria
    • Vishal Anil Jain
    • Deepak Bakhshi
    • Bhupala Haribhakta Raghuram
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ned Energy Limited is 102 1St Floor Centre Point Somnath Daman Road Somnath Dabhel, Nani Ut And Diu India, Nani Daman Ut, Daman And Diu, 396210.

  • The corporate identification number (CIN) of Ned Energy Limited is U31909DD1998PLC004665 and the company number is 004665 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ned Energy Limited is https://www.nedenergy.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ned Energy Limited has fallen by -28.07%.

  • As Per 2023 financial reports, 53 employees are currently employed by Ned Energy Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ned Energy Limited has experienced an downturn of -2.80%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ned Energy Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Ned Energy Limited was filed with the ROC on 31 Mar 2023.

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