Negolice India Limited

Founded in 1983 and headquartered in Delhi, India.

1983 | New Delhi (India) | Active
Last Updated: February 06, 2025

Negolice India Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.58 Cr
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.99 M
  • Satisfied Charges ₹ 69.65 Cr
  • Revenue Growth -23.15%
  • Profit Growth 4.90%
  • Ebitda -210.85%
  • Net Worth 11.69%
  • Total Assets 5.58%

About Negolice India

Negolice India Limited (NIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 September 1983 and has a history of 41 years and five months. Its registered office is in New Delhi, 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 6.58 Cr.

The company currently has active open charges totaling ₹0.99 M. The company has closed loans amounting to ₹69.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Negolice India Limited India is Deepak Gupta as COMPANY SECRETARY. Mahesh Bhagchandka, Devkishan Karnani, and Vipin Jain serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    m2kindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120DL1983PLC016587

  • Company No.

    016587

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 1983

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Financial Services
Real Estate and Construction

Who are the key members and board of directors at Negolice India?

Executive Team (2)

NameDesignationAppointment DateStatus
Mahesh Bhagchandka Country flag representing In Managing Director12-May-2000Current
Deepak Gupta Country flag representing In Company Secretary01-Sep-2001Current

Board Members (2)

NameDesignationAppointment DateStatus
Devkishan Karnani Country flag representing In Whole-Time Director 20-Jun-2022Current
Vipin Jain Country flag representing In Director 15-Jun-2007Current

Financial Performance of Negolice India.

Negolice India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 23.15% decrease. The company also saw a slight improvement in profitability, with a 4.9% increase in profit. The company's net worth Soared by an impressive increase of 11.69%.

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
-23.15%
Revenue from Operations
-64.46%
Total Assets
5.58%
Profit or Loss
4.90%
Net Worth
11.69%
EBITDA
-210.85%

What is the Ownership and Shareholding Structure of Negolice India?

In 2023, Negolice India had a promoter holding of 84.95% and a public holding of 15.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.10 Cr

Satisfied Charges

₹69.65 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
07 Nov 2020Hdfc Bank Limited₹0.99 MOpen
28 Feb 2015Kotak Mahindra Bank Limited₹10.00 CrSatisfied
23 Aug 2013Kotak Mahindra Bank Limited₹25.00 CrSatisfied
30 Sep 2010Icici Bank Limited₹3.25 CrSatisfied
27 Jul 2005Allahabad Bank₹31.40 CrSatisfied

How Many Employees Work at Negolice India?

Negolice India has a workforce of 10 employees as of Apr 03, 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 Negolice India, 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 Negolice India'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 Negolice India

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Negolice India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Director Appointment

    Devkishan Karnani was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Jun 2022 & has been associated with this company since 2 years 8 months .

    20 Jun 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100415708 was registered on 07 Nov 2020.

    07 Nov 2020

  • Charges

    A charge registered on 30 Sep 2010 via Charge ID 10251825 with Icici Bank Limited was fully satisfied on 07 Jul 2020.

    07 Jul 2020

  • Charges

    A charge registered on 28 Feb 2015 via Charge ID 10563656 with Kotak Mahindra Bank Limited was fully satisfied on 22 Aug 2016.

    22 Aug 2016

Frequently asked questions

  • Negolice India Limited was incorporated on 21 Sep 1983.

  • The authorized share capital of Negolice India Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.58 Cr.

  • Currently 4 directors are associated with Negolice India Limited.

    • Mahesh Kumar Bhagchandka
    • Devkishan Karnani
    • Vipin Jain
    • Deepak Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Negolice India Limited is E-34 2Nd Floor Connaught Circus India, New Delhi, 110001.

  • The corporate identification number (CIN) of Negolice India Limited is U67120DL1983PLC016587 and the company number is 016587 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Negolice India Limited is https://www.m2kindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Negolice India Limited has fallen by -23.15%.

  • As Per 2023 financial reports, 10 employees are currently employed by Negolice India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Negolice India Limited has experienced an upsurge of 11.69%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Negolice India Limited amount to ₹ 0.99 M.

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

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