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Nelco (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.29 Cr
- Company Age 62 Year, 11 Months
- 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 62 years and 11 months. 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
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Location
Meerut, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U65921UP1962PTC002876
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Company No.
002876
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Feb 1962
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashok Kumar
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Managing Director | 06-Nov-1969 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Anita Anand
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Director | 30-Aug-1978 | Current |
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Kamal Kumar
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Whole-Time Director | 06-Nov-1969 | Current |
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Varun Anand
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Whole-Time Director | 31-Mar-2004 | Current |
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Amber Anand
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Whole-Time Director | 01-Dec-1997 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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The Sports Goods Export Promotion Council.Amber Anand is a mutual person
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Nelco Wood Products Private LimitedKamal Kumar, Varun Anand and 3 more are mutual person
Charges (Loans)
₹10.12 Cr
₹12.10 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 9.94 Cr
- Sidbi : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2022 | Hdfc Bank Limited | ₹1.31 M | Open |
| 30 Dec 2021 | Hdfc Bank Limited | ₹1.51 M | Open |
| 11 Nov 2020 | Sidbi | ₹1.80 M | Open |
| 15 Jan 2019 | Hdfc Bank Limited | ₹9.65 Cr | Open |
| 19 Dec 2017 | State Bank Of India | ₹6.00 Cr | Satisfied |
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.
Deals i
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
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.
