Neogrowth Credit Profile
Key Indicators
- Authorised Capital ₹ 117.00 Cr
- Paid Up Capital ₹ 93.37 Cr
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,374.98 Cr
- Satisfied Charges ₹ 1,924.27 Cr
- Revenue Growth 5.56%
- Profit Growth 143.76%
- Ebitda 73.79%
- Net Worth 84.09%
- Total Assets 22.95%
About Neogrowth Credit
Neogrowth Credit Private Limited (NCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 May 1993 and has a history of 31 years and ten months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Bpj Credit & Investments Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 117.00 Cr and a paid-up capital of Rs 93.37 Cr.
The company currently has active open charges totaling ₹2,374.98 Cr. The company has closed loans amounting to ₹1,924.27 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Neogrowth Credit Private Limited India are Arun Nayyar as CEO and Deepak Goswami as Cfo. Piyushkumar Kusum, Michael Fernandes, Ramakrishnan Subramanian, and Six other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U51504MH1993PTC251544
- Company No.
251544
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 May 1993
- Date of AGM
10 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Financial Services
Who are the key members and board of directors at Neogrowth Credit?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arun Nayyar  | Managing Director | 06-Jan-2022 | Current |
| Deepak Goswami | CFO | 11-Jun-2021 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Piyushkumar Kusum | Director | 07-Jun-2012 | Current |
| Michael Fernandes | Director | 23-Jan-2018 | Current |
| Ramakrishnan Subramanian | Nominee Director | 27-Mar-2023 | Current |
| Bindu Ananth | Director | 10-Oct-2019 | Current |
| Suresh Jayaraman | Director | 27-Mar-2023 | Current |
| Deepti Housdurgamvijaya | Additional Director | 19-Sep-2024 | Current |
Financial Performance of Neogrowth Credit.
Neogrowth Credit Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 5.56% increase. The company also saw a substantial improvement in profitability, with a 143.76% increase in profit. The company's net worth Soared by an impressive increase of 84.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Neogrowth Credit?
In 2023, Neogrowth Credit had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Finwizard Technology Private LimitedGanesh Rengaswamy is a mutual person
Dvara Health Finance Private LimitedBindu Ananth is a mutual person
- Dvara Research Foundation
Bindu Ananth is a mutual person
Charges (Loans)
Open Charges
₹2,374.98 Cr
Satisfied Charges
₹1,924.27 Cr
Charges Breakdown by Lending Institutions
- Others : 2319.59 Cr
- Sidbi : 20.00 Cr
- Yes Bank Limited : 20.00 Cr
- Indnian Overseas Bank : 10.00 Cr
- Indian Bank : 5.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | Others | ₹3.60 Cr | Open |
| 19 Aug 2024 | Others | ₹100.00 Cr | Open |
| 07 Aug 2024 | Others | ₹50.38 Cr | Open |
| 30 Jul 2024 | Others | ₹35.00 Cr | Open |
| 29 Jul 2024 | Others | ₹25.00 Cr | Open |
How Many Employees Work at Neogrowth Credit?
Neogrowth Credit has a workforce of 664 employees as of Apr 09, 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 Neogrowth Credit, 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 Neogrowth Credit'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 Neogrowth Credit
Recent activity within the organization
- Charges
A charge registered on 27 Sep 2023 via Charge ID 100818570 with Others was fully satisfied on 06 Nov 2024.
- Charges
A charge registered on 18 Nov 2019 via Charge ID 100307400 with Others was fully satisfied on 05 Nov 2024.
- Charges
A charge with Others of Rs. 100.00 Cr registered on 19 Aug 2024 with Charge ID 100976002 was modified on 15 Oct 2024.
- Charges
A charge with Others of Rs. 50.38 Cr registered on 07 Aug 2024 with Charge ID 100966123 was modified on 15 Oct 2024.
- Charges
A charge with Others of Rs. 93.76 Cr registered on 20 Jun 2024 with Charge ID 100940201 was modified on 15 Oct 2024.
- Charges
A charge with Others of Rs. 20.57 Cr registered on 06 Jun 2024 with Charge ID 100951380 was modified on 15 Oct 2024.
Recent News, Updates & Announcement
- NeoGrowth evaluates strategic deal as business becomes profitable.
The Mumbai-based NBFC has reported a net profit in the last fiscal after two years of losses, now its stakeholders are evaluating if they can exit on a high..
Frequently asked questions
What is the Incorporation or founding date of Neogrowth Credit Private Limited?
Neogrowth Credit Private Limited was incorporated on 17 May 1993.
What is authorized share capital and paid-up capital of Neogrowth Credit Private Limited?
The authorized share capital of Neogrowth Credit Private Limited is ₹ 117.00 Cr and paid-up capital is ₹ 93.37 Cr.
Who are the current board members & directors of Neogrowth Credit Private Limited?
Currently 11 directors are associated with Neogrowth Credit Private Limited.
- Piyushkumar Khaitan Kusum
- Michael Jude Fernandes
- Ramakrishnan Subramanian
- Bindu Ananth
- Suresh Jayaraman
- Arun Kumar Nayyar
- Deepti Purana Housdurgamvijaya
- Arun Kumar Nayyar
- Deepak Nath Goswami
- Ganesh Venkateshwaran Rengaswamy
- Dhruv Kumar Khaitan
What is the registered address of Neogrowth Credit Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Neogrowth Credit Private Limited is Times Square Tower E 9Th Floor Marol Andheri-Kurla Road, Andheri East India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Neogrowth Credit Private Limited?
The corporate identification number (CIN) of Neogrowth Credit Private Limited is U51504MH1993PTC251544 and the company number is 251544 as per Ministry of Corporate Affairs (MCA).
What is the official website of Neogrowth Credit Private Limited?
The Official website of Neogrowth Credit Private Limited is https://www.neogrowth.in
What has been the recent revenue trend for Neogrowth Credit Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Neogrowth Credit Private Limited has risen by 5.56%.
How many employees does Neogrowth Credit Private Limited currently have?
As Per 2023 financial reports, 664 employees are currently employed by Neogrowth Credit Private Limited.
What change has been observed in the net worth of Neogrowth Credit Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Neogrowth Credit Private Limited has experienced an upsurge of 84.09%.
What are the total open charges for Neogrowth Credit Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Neogrowth Credit Private Limited amount to ₹ 2,374.98 Cr.
When was the last Balance Sheet of Neogrowth Credit Private Limited filed with the ROC?
The most recent Balance Sheet for Neogrowth Credit Private Limited was filed with the ROC on 31 Mar 2024.
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