

Negolice India Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.58 Cr
- Company Age 41 Year, 6 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 six 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
- 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
Who are the key members and board of directors at Negolice India?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Mahesh Bhagchandka ![]() | Managing Director | 12-May-2000 | Current |
Deepak Gupta ![]() | Company Secretary | 01-Sep-2001 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Devkishan Karnani ![]() | Whole-Time Director | 20-Jun-2022 | Current |
Vipin Jain ![]() | Director | 15-Jun-2007 | Current |
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%.


- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.

Related Corporates (Common Directorship)
- M2k Infrastructure Private Limited
Vipin Jain is a mutual person
- M2k Developers Private Limited
Mahesh Bhagchandka and Vipin Jain are mutual person
- Ipl Biologicals Limited
Devkishan Karnani is a mutual person
- M2k Technologies Private Limited
Vipin Jain is a mutual person
- M2k Entertainment Private Limited
Vipin Jain is a mutual person
- Tosha International Limited
Mahesh Bhagchandka and Devkishan Karnani are mutual person
Charges (Loans)
₹0.10 Cr
₹69.65 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.10 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
07 Nov 2020 | Hdfc Bank Limited | ₹0.99 M | Open |
28 Feb 2015 | Kotak Mahindra Bank Limited | ₹10.00 Cr | Satisfied |
23 Aug 2013 | Kotak Mahindra Bank Limited | ₹25.00 Cr | Satisfied |
30 Sep 2010 | Icici Bank Limited | ₹3.25 Cr | Satisfied |
27 Jul 2005 | Allahabad Bank | ₹31.40 Cr | Satisfied |
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.

Deals i

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

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

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.
- Balance Sheet
Negolice India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
- 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 9 months .
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100415708 was registered on 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.
- Charges
A charge registered on 28 Feb 2015 via Charge ID 10563656 with Kotak Mahindra Bank Limited was fully satisfied on 22 Aug 2016.
Frequently asked questions
What is the Incorporation or founding date of Negolice India Limited?
Negolice India Limited was incorporated on 21 Sep 1983.
What is authorized share capital and paid-up capital of Negolice India Limited?
The authorized share capital of Negolice India Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.58 Cr.
Who are the current board members & directors of Negolice India Limited?
Currently 4 directors are associated with Negolice India Limited.
- Mahesh Kumar Bhagchandka
- Devkishan Karnani
- Vipin Jain
- Deepak Kumar Gupta
What is the registered address of Negolice India Limited?
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.
What is the corporate identification number (CIN) and company number of Negolice India Limited?
The corporate identification number (CIN) of Negolice India Limited is U67120DL1983PLC016587 and the company number is 016587 as per Ministry of Corporate Affairs (MCA).
What is the official website of Negolice India Limited?
The Official website of Negolice India Limited is https://www.m2kindia.com
What has been the recent revenue trend for Negolice India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Negolice India Limited has fallen by -23.15%.
How many employees does Negolice India Limited currently have?
As Per 2023 financial reports, 10 employees are currently employed by Negolice India Limited.
What change has been observed in the net worth of Negolice India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Negolice India Limited has experienced an upsurge of 11.69%.
What are the total open charges for Negolice India Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Negolice India Limited amount to ₹ 0.99 M.
When was the last Balance Sheet of Negolice India Limited filed with the ROC?
The most recent Balance Sheet for Negolice India Limited was filed with the ROC on 31 Mar 2023.
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