Neosym Industry Limited

Manufacturer of grey iron and S.G. castings for various industries, with a global clientele.

1932 | Mumbai, Maharashtra (India) | Active
Last Updated:

Neosym Industry Profile

Key Indicators

  • Authorised Capital ₹ 5.01 Cr
  • Paid Up Capital ₹ 6.13 M
  • Company Age 92 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 361.38 Cr
  • Satisfied Charges ₹ 830.65 Cr
  • Revenue Growth 29.24%
  • Profit Growth 43.54%
  • Ebitda 82.43%
  • Net Worth 30.73%
  • Total Assets 2.77%

About Neosym Industry

Neosym Industry Limited (NIL) was founded in India on 01 December 1932 and has a glorious history of 92 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The Indian Smelting & Refining Company Limited. 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 5.01 Cr and a paid-up capital of Rs 6.13 M.

The company currently has active open charges totaling ₹361.38 Cr. The company has closed loans amounting to ₹830.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Neosym Industry Limited India is Rajashree Dubey as COMPANY SECRETARY. Chandrakant Birla, Srinivasa Echambadi, Amita Birla, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    neosym.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1932PLC001910

  • Company No.

    001910

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Dec 1932

  • Date of AGM

    28 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Neosym Industry Limited offer?

Neosym Industry Limited offers a wide range of products and services, including Brake Parts, Metal Brackets, Wheel Hub, Engine & Engine Spare Parts, Engine Components.

Who are the key members and board of directors at Neosym Industry?

Executive Team (2)

NameDesignationAppointment DateStatus
Tejkrishan Rajput Country flag representing In Managing Director01-Apr-2016Current
Rajashree Dubey Company Secretary15-Nov-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Ashish Razdan Country flag representing In Additional Director 12-Apr-2024Current
Chandrakant Birla Country flag representing In Director 31-Oct-2000Current
Srinivasa Echambadi Country flag representing In Additional Director 04-Nov-2014Current
Amita Birla Country flag representing Gb Director 11-Jul-2007Current
Vinamra Daga Country flag representing In Additional Director 24-Apr-2024Current

Financial Performance of Neosym Industry.

Neosym Industry Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.24% increase. The company also saw a substantial improvement in profitability, with a 43.54% increase in profit. The company's net worth Soared by an impressive increase of 30.73%.

Neosym Industry revenue growth over time
Neosym Industry 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
29.24%
Revenue from Operations
28.35%
Total Assets
2.77%
Profit or Loss
43.54%
Net Worth
30.73%
EBITDA
82.43%

What is the Ownership and Shareholding Structure of Neosym Industry?

In 2023, Neosym Industry had a public holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹361.38 Cr

Satisfied Charges

₹830.65 Cr

Charges Breakdown by Lending Institutions

  • Others : 289.70 Cr
  • Bank Of Baroda : 68.83 Cr
  • Bank Of Baroda Ltd : 1.75 Cr
  • The Bank Of Baroda Ltd : 1.10 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jun 2023Others₹20.00 CrOpen
18 Aug 2021Others₹45.00 CrOpen
18 Aug 2021Others₹20.00 CrOpen
26 Mar 2021Others₹4.70 CrOpen
16 Feb 2021Others₹22.00 CrOpen

How Many Employees Work at Neosym Industry?

Neosym Industry has a workforce of 684 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.

Employee growth trends for Neosym Industry Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neosym Industry, 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 Neosym Industry'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 Neosym Industry

Recent activity within the organization

  • Charges

    A charge registered on 23 May 2022 via Charge ID 100602688 with Others was fully satisfied on 03 May 2024.

  • Director Appointment

    Vinamra Daga was appointed as a Additional Director was appointed as a Additional Director on 24 Apr 2024 & has been associated with this company since 10 months 11 days .

  • Director Appointment

    Ashish Razdan was appointed as a Additional Director was appointed as a Additional Director on 12 Apr 2024 & has been associated with this company since 10 months 23 days .

  • Charges

    A charge registered on 20 Aug 2020 via Charge ID 100813867 with Others was fully satisfied on 12 Mar 2024.

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 12 Jun 2023 with Charge ID 100738787 was modified on 17 Nov 2023.

  • Charges

    A charge with Others of Rs. 93.00 Cr registered on 19 Jun 2019 with Charge ID 100271348 was modified on 17 Nov 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Neosym Industry Limited?

    Neosym Industry Limited was incorporated on 01 Dec 1932.

  • What is authorized share capital and paid-up capital of Neosym Industry Limited?

    The authorized share capital of Neosym Industry Limited is ₹ 5.01 Cr and paid-up capital is ₹ 6.13 M.

  • Who are the current board members & directors of Neosym Industry Limited?

    Currently 7 directors are associated with Neosym Industry Limited.

    • Chandrakant Birla
    • Srinivasa Varadhan Tirumalai Echambadi
    • Amita Birla
    • Ashish Razdan
    • Tejkrishan Rammurti Rajput
    • Vinamra Daga
    • Rajashree Vinayak Dubey
  • What is the registered address of Neosym Industry Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neosym Industry Limited is Industry House 1St Floor Backbay Reclamation, Churchgate India, Mumbai, Maharashtra, 400020.

  • What is the corporate identification number (CIN) and company number of Neosym Industry Limited?

    The corporate identification number (CIN) of Neosym Industry Limited is U74999MH1932PLC001910 and the company number is 001910 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Neosym Industry Limited?

    The Official website of Neosym Industry Limited is https://www.neosym.com

  • What has been the recent revenue trend for Neosym Industry Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Neosym Industry Limited has risen by 29.24%.

  • How many employees does Neosym Industry Limited currently have?

    As Per 2023 financial reports, 684 employees are currently employed by Neosym Industry Limited.

  • What change has been observed in the net worth of Neosym Industry Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Neosym Industry Limited has experienced an upsurge of 30.73%.

  • What are the total open charges for Neosym Industry Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Neosym Industry Limited amount to ₹ 361.38 Cr.

  • When was the last Balance Sheet of Neosym Industry Limited filed with the ROC?

    The most recent Balance Sheet for Neosym Industry Limited was filed with the ROC on 31 Mar 2023.

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