Nelco Limited logo

Nelco Limited

This company offers VSAT equipment and services, integrated security solutions, and Satcom projects.
1940 | Thane, Maharashtra (India) | Active

Last Updated:

November 16, 2024
HomeCompanyNelco Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Pradip Nath InManaging Director13-Jun-2012Current
Malav Shah InCFO01-Jan-2022Current
Ritesh Kamdar InCompany Secretary17-May-2024Current

Board Members(5)

NameDesignationAppointment DateStatus
Amur Swaminathan In Director 29-May-2022Current
Narasimha Kummamuri In Director 28-Jan-2020Current
Ajay Pandey In Director 28-Jan-2020Current
Lakshmi Nadkarni In Director 28-Jan-2020Current
Saurabh Ray In Director 26-Apr-2022Current

Financial Performance and Corporate Structure Insights of Nelco.

Nelco Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 37.03% increase. The company also saw a substantial improvement in profitability, with a 88.28% increase in profit. The company's net worth Soared by an impressive increase of 19.61%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
37.03%
Revenue from Operations
37.64%
Total Assets
11.78%
Profit or Loss
88.28%
Net Worth
19.61%
EBITDA
87.25%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹136.42 Cr

₹457.58 Cr

LenderAmountStatus

Others

Creation Date: 07 Jun 2022
₹25.00 CrOpen

Axis Bank Limited

Creation Date: 12 Jan 2007
₹38.00 CrOpen

Union Bank Of India

Creation Date: 02 Feb 1996
₹1.67 CrOpen

How Many Employees Work at Nelco?

Nelco has a workforce of 94 employees as of Mar 31, 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.

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Latest Updates, News, and FAQs on Nelco

Recent activity within the organization

  • Annual General Meeting

    Nelco Limited last Annual general meeting of members was held on 25 Jun 2024 as per latest MCA records.

    25 Jun 2024

  • Director Appointment

    Ritesh Narendrabhai Kamdar was appointed as a Company Secretary was appointed as a Company Secretary on 17 May 2024 & has been associated with this company since 7 months 4 days .

    17 May 2024

  • Balance Sheet

    Nelco Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 17 Apr 1996 via Charge ID 90163360 with Icici Ltd was fully satisfied on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge registered on 06 Mar 1995 via Charge ID 90163110 with Icici Ltd was fully satisfied on 20 Feb 2024.

    20 Feb 2024

  • Charges

    A charge registered on 02 Mar 1993 via Charge ID 90162713 with The Icici Ltd was fully satisfied on 20 Feb 2024.

    20 Feb 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Nelco Limited was incorporated on 31 Aug 1940.

  • The authorized share capital of Nelco Limited is ₹ 55.00 Cr and paid-up capital is ₹ 22.82 Cr.

  • Currently 8 directors are associated with Nelco Limited.

    • Narasimha Murthy Kummamuri
    • Ajay Kumar Pandey
    • Pradip Jyoti Nath
    • Lakshmi Anant Nadkarni
    • Amur Lakshminarayanan Swaminathan
    • Saurabh Ray
    • Malav Shah
    • Ritesh Narendrabhai Kamdar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nelco Limited is Midc Plot No. El 6 Ttc Industrial Area Electronics Zone, Mahape India, Navi Mumbai, Maharashtra, 400710.

  • The corporate identification number (CIN) of Nelco Limited is L32200MH1940PLC003164 and the company number is 003164 as per Ministry of Corporate Affairs (MCA).

  • Yes, Nelco Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NELCO.

  • The Official website of Nelco Limited is https://www.nelco.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nelco Limited has risen by 37.03%.

  • As Per 2023 financial reports, 94 employees are currently employed by Nelco Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nelco Limited has experienced an upsurge of 19.61%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nelco Limited amount to ₹ 136.42 Cr.

  • The most recent Balance Sheet for Nelco Limited was filed with the ROC on 31 Mar 2024.

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