Nelco (India) Private Limited

Manufactures sports goods, ISO certified, established in 1962, based in Uttar Pradesh.

1962 | Meerut, Uttar Pradesh (India) | Active
Last Updated:

Nelco (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.29 Cr
  • Company Age 63 Year, 30 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.12 Cr
  • Satisfied Charges ₹ 12.10 Cr
  • Revenue Growth 50.77%
  • Profit Growth 249.62%
  • Ebitda 139.75%
  • Net Worth 18.98%
  • Total Assets 15.17%

About Nelco (India)

Nelco (India) Private Limited (NIPL) was founded in India on 03 February 1962 and has a glorious history of 63 years . Its registered office is in Meerut, Uttar Pradesh, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.29 Cr.

The company currently has active open charges totaling ₹10.12 Cr. The company has closed loans amounting to ₹12.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamal Kumar, Varun Anand, Anita Anand, and Two other members serve as directors at the Company.

Company Details

  • Location

    Meerut, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nelcoworld.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65921UP1962PTC002876

  • Company No.

    002876

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1962

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Consumer Goods

What products or services does Nelco (India) Private Limited offer?

Nelco (India) Private Limited offers a wide range of products and services, including Gym Bar, Weight Lifting Bars, Field Accessories, Marker Cone, Exercise Benches, Agility Training Accessories, Speed Chute, Metal Crafts, Gold Plated Bowl, Dumbbell, Weight Plate & Accessories.

Who are the key members and board of directors at Nelco (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Ashok Kumar Country flag representing In Managing Director06-Nov-1969Current

Board Members (4)

NameDesignationAppointment DateStatus
Anita Anand Country flag representing In Director 30-Aug-1978Current
Kamal Kumar Country flag representing In Whole-Time Director 06-Nov-1969Current
Varun Anand Country flag representing In Whole-Time Director 31-Mar-2004Current
Amber Anand Country flag representing In Whole-Time Director 01-Dec-1997Current

Financial Performance of Nelco (India).

Nelco (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.77% increase. The company also saw a substantial improvement in profitability, with a 249.62% increase in profit. The company's net worth Soared by an impressive increase of 18.98%.

Nelco (India) revenue growth over time
Nelco (India) 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
50.77%
Revenue from Operations
52.27%
Total Assets
15.17%
Profit or Loss
249.62%
Net Worth
18.98%
EBITDA
139.75%

What is the Ownership and Shareholding Structure of Nelco (India)?

Unlock access to Nelco (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.12 Cr

Satisfied Charges

₹12.10 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 9.94 Cr
  • Sidbi : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2022Hdfc Bank Limited₹1.31 MOpen
30 Dec 2021Hdfc Bank Limited₹1.51 MOpen
11 Nov 2020Sidbi₹1.80 MOpen
15 Jan 2019Hdfc Bank Limited₹9.65 CrOpen
19 Dec 2017State Bank Of India₹6.00 CrSatisfied

How Many Employees Work at Nelco (India)?

Nelco (India) has a workforce of 119 employees as of Mar 22, 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.

Employee growth trends for Nelco (India) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nelco (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 Nelco (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 Nelco (India)

Recent activity within the organization

  • Annual General Meeting

    Nelco (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Nelco (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.

  • Charges

    A charge registered on 27 Jan 2010 via Charge ID 10204521 with Hdfc Bank Limited was fully satisfied on 24 Feb 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 9.65 Cr registered on 15 Jan 2019 with Charge ID 100241695 was modified on 26 Jan 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100574468 was registered on 21 Mar 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100526506 was registered on 30 Dec 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Nelco (India) Private Limited?

    Nelco (India) Private Limited was incorporated on 03 Feb 1962.

  • What is authorized share capital and paid-up capital of Nelco (India) Private Limited?

    The authorized share capital of Nelco (India) Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.29 Cr.

  • Who are the current board members & directors of Nelco (India) Private Limited?

    Currently 5 directors are associated with Nelco (India) Private Limited.

    • Kamal Anand Kumar
    • Varun Anand
    • Anita Anand
    • Amber Anand
    • Ashok Anand Kumar
  • What is the registered address of Nelco (India) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nelco (India) Private Limited is B-15-16 Sports Goodscomplex Delhi Road Meerut India, Uttar Pradesh, 250002.

  • What is the corporate identification number (CIN) and company number of Nelco (India) Private Limited?

    The corporate identification number (CIN) of Nelco (India) Private Limited is U65921UP1962PTC002876 and the company number is 002876 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nelco (India) Private Limited?

    The Official website of Nelco (India) Private Limited is https://www.nelcoworld.com

  • What has been the recent revenue trend for Nelco (India) Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Nelco (India) Private Limited has risen by 50.77%.

  • How many employees does Nelco (India) Private Limited currently have?

    As Per 2023 financial reports, 119 employees are currently employed by Nelco (India) Private Limited.

  • What change has been observed in the net worth of Nelco (India) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Nelco (India) Private Limited has experienced an upsurge of 18.98%.

  • What are the total open charges for Nelco (India) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Nelco (India) Private Limited amount to ₹ 10.12 Cr.

  • When was the last Balance Sheet of Nelco (India) Private Limited filed with the ROC?

    The most recent Balance Sheet for Nelco (India) Private Limited was filed with the ROC on 31 Mar 2024.

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