Neelam Appliances Limited

Manufacturer and trader of aluminum kitchenware products, including cookware and dinner sets.

2004 | Thane, Maharashtra (India) | Active
Last Updated: July 18, 2024

Neelam Appliances Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.08 Cr
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.37 Cr
  • Satisfied Charges ₹ 3.50 Cr
  • Revenue Growth 4.95%
  • Profit Growth 18.85%
  • Ebitda 27.87%
  • Net Worth 15.63%
  • Total Assets 1.78%

About Neelam Appliances

Neelam Appliances Limited (NAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 July 2004 and has a history of 20 years and seven months. Its registered office is in Thane, Maharashtra, India.

The Corporate was formerly known as Neelam Appliances Private Limited. The Company is engaged in the Home & Lifestyle 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 5.00 Cr and a paid-up capital of Rs 4.08 Cr.

The company currently has active open charges totaling ₹13.37 Cr. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Pankaj Savla, Vishal Dedhia, and Premji Dedhia serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28996MH2004PLC147319

  • Company No.

    147319

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Jul 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does Neelam Appliances Limited offer?

Neelam Appliances Limited offers a wide range of products and services, including Silver Cutlery and Silver Products, Silver Utensils, Kitchen Containers, Fruit & Vegetable Processing Machine, Juice Extractor, Steel Cooking Utensils, Stainless Steel Pressure Cooker, Cooking Pan, Saucepan, Salon, Spa Kits & Equipments.

Who are the key members and board of directors at Neelam Appliances?

Executive Team (1)

NameDesignationAppointment DateStatus
Premji Dedhia Country flag representing In Managing Director05-Jul-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Pankaj Savla Country flag representing In Director Current
Vishal Dedhia Country flag representing In Director 02-Feb-2010Current

Financial Performance of Neelam Appliances.

Neelam Appliances Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.95% increase. The company also saw a substantial improvement in profitability, with a 18.85% increase in profit. The company's net worth Soared by an impressive increase of 15.63%.

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
4.95%
Revenue from Operations
5.24%
Total Assets
1.78%
Profit or Loss
18.85%
Net Worth
15.63%
EBITDA
27.87%

What is the Ownership and Shareholding Structure of Neelam Appliances?

In 2023, Neelam Appliances had a promoter holding of 98.71% and a public holding of 1.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.37 Cr

Satisfied Charges

₹3.50 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 13.37 Cr

Latest Charge Details

DateLenderAmountStatus
15 Apr 2010Hdfc Bank Limited₹13.37 CrOpen
06 Jul 2005Bank Of Baroda₹0.00Satisfied
24 Mar 2005Bank Of Baroda₹3.50 CrSatisfied

How Many Employees Work at Neelam Appliances?

Neelam Appliances has a workforce of 75 employees as of Apr 01, 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 Neelam Appliances, 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 Neelam Appliances'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 Neelam Appliances

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.37 Cr registered on 15 Apr 2010 with Charge ID 10223146 was modified on 18 Mar 2024.

    18 Mar 2024

  • Annual General Meeting

    Neelam Appliances Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Neelam Appliances Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 06 Jul 2005 via Charge ID 80024901 with Bank Of Baroda was fully satisfied on 31 Mar 2012.

    31 Mar 2012

  • Charges

    A charge registered on 24 Mar 2005 via Charge ID 80002219 with Bank Of Baroda was fully satisfied on 31 Mar 2012.

    31 Mar 2012

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 13.37 Cr with Charge ID 10223146 was registered on 15 Apr 2010.

    15 Apr 2010

Frequently asked questions

  • Neelam Appliances Limited was incorporated on 05 Jul 2004.

  • The authorized share capital of Neelam Appliances Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.08 Cr.

  • Currently 3 directors are associated with Neelam Appliances Limited.

    • Pankaj Damji Savla
    • Vishal Premji Dedhia
    • Premji Jetha Dedhia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neelam Appliances Limited is 7/8 Neelam House Waliv Road Near Fafadia Industrial Estate Village, East India, Vasai, Maharashtra, 401208.

  • The corporate identification number (CIN) of Neelam Appliances Limited is U28996MH2004PLC147319 and the company number is 147319 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neelam Appliances Limited is https://www.neelamappliances.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Neelam Appliances Limited has risen by 4.95%.

  • As Per 2023 financial reports, 75 employees are currently employed by Neelam Appliances Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Neelam Appliances Limited has experienced an upsurge of 15.63%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Neelam Appliances Limited amount to ₹ 13.37 Cr.

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

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