Ned Metals Private Limited

Manufactures and trades steel and metal scraps, including tool steel and copper radiators.

2017 | Ludhiana, Punjab (India) | Active
Last Updated: November 16, 2024

Ned Metals Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 7 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 Cr
  • Revenue Growth -2.16%
  • Profit Growth -27.25%
  • Ebitda 138.24%
  • Net Worth 42.09%
  • Total Assets 1.54%

About Ned Metals

Ned Metals Private Limited (NMPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 June 2017 (Seven years and eight months 7 days old ). Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Metals And Minerals 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 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.00 Cr.

Sarojbala Bhatia and Varun Bhatia serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28999PB2017PTC046588

  • Company No.

    046588

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

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

Board Members (2)

Name Designation Appointment Date Status
Sarojbala Bhatia Country flag representing In Director 08-Jun-2017 Current
Varun Bhatia Country flag representing In Director 08-Jun-2017 Current

Financial Performance of Ned Metals.

Ned Metals Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.16% decrease. The company also saw a substantial fall in profitability, with a 27.25% decrease in profit. The company's net worth Soared by an impressive increase of 42.09%.

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
-2.16%
Revenue from Operations
-1.37%
Total Assets
1.54%
Profit or Loss
-27.25%
Net Worth
42.09%
EBITDA
138.24%

What is the Ownership and Shareholding Structure of Ned Metals?

In 2023, Ned Metals 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)

Open Charges

₹50.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

Date Lender Amount Status
15 May 2023 Axis Bank Limited ₹5.00 Cr Open

How Many Employees Work at Ned Metals?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 50.00 M registered on 15 May 2023 with Charge ID 100720699 was modified on 04 Jun 2024.

    04 Jun 2024

  • Annual General Meeting

    Ned Metals Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 50.00 M with Charge ID 100720699 was registered on 15 May 2023.

    15 May 2023

  • Balance Sheet

    Ned Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Director Appointment

    Sarojbala Ajaykumar Bhatia was appointed as a Director was appointed as a Director on 08 Jun 2017 & has been associated with this company since 7 years 8 months .

    08 Jun 2017

  • Director Appointment

    Varun Ajay Bhatia was appointed as a Director was appointed as a Director on 08 Jun 2017 & has been associated with this company since 7 years 8 months .

    08 Jun 2017

Frequently asked questions

  • Ned Metals Private Limited was incorporated on 08 Jun 2017.

  • The authorized share capital of Ned Metals Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Ned Metals Private Limited.

    • Sarojbala Ajaykumar Bhatia
    • Varun Ajay Bhatia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ned Metals Private Limited is House No. A-69, Sarabha Nagar India, Ludhiana, Punjab, 141001.

  • The corporate identification number (CIN) of Ned Metals Private Limited is U28999PB2017PTC046588 and the company number is 046588 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ned Metals Private Limited has fallen by -2.16%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ned Metals Private Limited has experienced an upsurge of 42.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ned Metals Private Limited amount to ₹ 5.00 Cr.

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

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