Neoseal Adhesive Private Limited

Manufacturer and supplier of solvent cement adhesives and sealants for plumbing applications.

2011 | Vadodara, Gujarat (India) | Active
Last Updated: October 23, 2024

Neoseal Adhesive Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 13 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 76.75 Cr
  • Satisfied Charges ₹ 5.46 Cr
  • Revenue Growth 33.53%
  • Profit Growth 255.39%
  • Ebitda 128.21%
  • Net Worth 30.07%
  • Total Assets 33.89%

About Neoseal Adhesive

Neoseal Adhesive Private Limited (NAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 2011 and has a history of 13 years and six months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 1.16 Cr.

The company currently has active open charges totaling ₹76.75 Cr. The company has closed loans amounting to ₹5.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kaushik Patel, Prabhudasbhai Patel, and Chirag Amin serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    neoseal.net

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24295GJ2011PTC066767

  • Company No.

    066767

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

What products or services does Neoseal Adhesive Private Limited offer?

Neoseal Adhesive Private Limited offers a wide range of products and services, including Adhesives, Glue and Sealants, Solvent Cements, Solvent Based Adhesives, Oils, Grease & Lubricants, Lubricants, Adhesive & Pressure Sensitive Tapes, Plumbing Tapes, Repairing Adhesives, FRP Lining, PU & Powder Coatings, Waterproof Paint.

Who are the key members and board of directors at Neoseal Adhesive?

Board Members (3)

Name Designation Appointment Date Status
Kaushik Patel Country flag representing In Director 16-Aug-2011 Current
Prabhudasbhai Patel Country flag representing In Director 16-Aug-2011 Current
Chirag Amin Country flag representing Us Director 26-Nov-2013 Current

Financial Performance of Neoseal Adhesive.

Neoseal Adhesive Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.53% increase. The company also saw a substantial improvement in profitability, with a 255.39% increase in profit. The company's net worth Soared by an impressive increase of 30.07%.

Graph illustrating revenue growth over time
Graph showing 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
33.53%
Revenue from Operations
33.49%
Total Assets
33.89%
Profit or Loss
255.39%
Net Worth
30.07%
EBITDA
128.21%

What is the Ownership and Shareholding Structure of Neoseal Adhesive?

In 2022, Neoseal Adhesive had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹76.75 Cr

Satisfied Charges

₹5.46 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 76.52 Cr
  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
09 Nov 2023 Hdfc Bank Limited ₹2.29 M Open
17 Feb 2023 State Bank Of India ₹38.26 Cr Open
21 Jan 2023 State Bank Of India ₹38.26 Cr Open
28 Oct 2020 Others ₹4.65 M Satisfied
18 Feb 2013 Others ₹2.50 Cr Satisfied

How Many Employees Work at Neoseal Adhesive?

Neoseal Adhesive has a workforce of 171 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neoseal Adhesive, 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 Neoseal Adhesive'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 Neoseal Adhesive

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 38.26 Cr registered on 17 Feb 2023 with Charge ID 100685845 was modified on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 38.26 Cr registered on 21 Jan 2023 with Charge ID 100682418 was modified on 29 Mar 2024.

    29 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100839572 was registered on 09 Nov 2023.

    09 Nov 2023

  • Annual General Meeting

    Neoseal Adhesive Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Neoseal Adhesive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 28 Oct 2020 via Charge ID 100391320 with Others was fully satisfied on 27 Feb 2023.

    27 Feb 2023

Frequently asked questions

  • Neoseal Adhesive Private Limited was incorporated on 16 Aug 2011.

  • The authorized share capital of Neoseal Adhesive Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 1.16 Cr.

  • Currently 3 directors are associated with Neoseal Adhesive Private Limited.

    • Kaushik Prabhudas Patel
    • Prabhudasbhai Ranchhodbhai Patel
    • Chirag Rasiklal Amin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neoseal Adhesive Private Limited is A - 323 Rajlaxmi Complex Nr. Bird Circle, Old Padra Road India, Vadodara, Gujarat, 390007.

  • The corporate identification number (CIN) of Neoseal Adhesive Private Limited is U24295GJ2011PTC066767 and the company number is 066767 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neoseal Adhesive Private Limited is https://www.neoseal.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Neoseal Adhesive Private Limited has risen by 33.53%.

  • As Per 2023 financial reports, 171 employees are currently employed by Neoseal Adhesive Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Neoseal Adhesive Private Limited has experienced an upsurge of 30.07%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Neoseal Adhesive Private Limited amount to ₹ 76.75 Cr.

  • The most recent Balance Sheet for Neoseal Adhesive Private Limited was filed with the ROC on 31 Mar 2023.