Neotex Yarns Profile
Key Indicators
- Authorised Capital ₹ 6.60 M
- Paid Up Capital ₹ 6.60 M
- Company Age 19 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 3.75 Cr
- Satisfied Charges ₹ 9.10 Cr
- Revenue Growth -74.93%
- Profit Growth -60.55%
- Ebitda -62.84%
- Net Worth 8.03%
- Total Assets -21.35%
About Neotex Yarns
Neotex Yarns Private Limited (NYPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 2005 and has a history of 19 years and seven months. Its registered office is in Gandhinagar, Gujarat.
The Corporate was formerly known as Nexusneo System And Exim Private 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 2024. It's a company limited by shares with an authorized capital of Rs 6.60 M and a paid-up capital of Rs 6.60 M.
The company currently has active open charges totaling ₹3.75 Cr. The company has closed loans amounting to ₹9.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vijaykumar Patel, Palakkumar Thakkar, Sejal Patel, and One other member serve as directors at the Company.
Company Details
- Location Gandhinagar, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U51100GJ2005PTC046635
- Company No.
046635
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Aug 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
Who are the key members and board of directors at Neotex Yarns?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harshketu Patel  | Director | 14-May-2019 | Current |
| Palakkumar Thakkar | Director | 22-Aug-2005 | Current |
| Vijaykumar Patel | Director | 22-Aug-2005 | Current |
| Sejal Patel | Director | 03-Jan-2012 | Current |
Financial Performance of Neotex Yarns.
Neotex Yarns Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 74.93% decrease. The company also saw a substantial fall in profitability, with a 60.55% decrease in profit. The company's net worth moved up by a moderate rise of 8.03%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Neotex Yarns?
In 2023, Neotex Yarns had a promoter 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)
Neotex Plastipak Private LimitedVijaykumar Patel, Palakkumar Thakkar and 1 more are mutual person
Charges (Loans)
Open Charges
₹37.50 M
Satisfied Charges
₹91.00 M
Charges Breakdown by Lending Institutions
- Others : 3.75 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2019 | Others | ₹3.75 Cr | Open |
| 30 Jan 2013 | Bank Of Maharastra | ₹7.00 Cr | Satisfied |
| 15 Jul 2010 | Oriental Bank Of Commerce | ₹1.50 Cr | Satisfied |
| 28 Feb 2008 | Oriental Bank Of Commerce | ₹6.00 M | Satisfied |
How Many Employees Work at Neotex Yarns?
Unlock and access historical data on people associated with Neotex Yarns, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Neotex Yarns, 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 Neotex Yarns'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 Neotex Yarns
Recent activity within the organization
- Annual General Meeting
Neotex Yarns Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Neotex Yarns Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 37.50 M with Charge ID 100263406 was registered on 21 May 2019.
- Charges
A charge with Others of Rs. 37.50 M registered on 21 May 2019 with Charge ID 100263406 was modified on 21 May 2019.
- Director Appointment
Harshketu Dashrathbhai Patel was appointed as a Director was appointed as a Director on 14 May 2019 & has been associated with this company since 5 years 10 months .
- Charges
A charge registered on 30 Jan 2013 via Charge ID 10414107 with Bank Of Maharastra was fully satisfied on 24 Jul 2015.
Frequently asked questions
What is the Incorporation or founding date of Neotex Yarns Private Limited?
Neotex Yarns Private Limited was incorporated on 22 Aug 2005.
What is authorized share capital and paid-up capital of Neotex Yarns Private Limited?
The authorized share capital of Neotex Yarns Private Limited is ₹ 6.60 M and paid-up capital is ₹ 6.60 M.
Who are the current board members & directors of Neotex Yarns Private Limited?
Currently 4 directors are associated with Neotex Yarns Private Limited.
- Vijaykumar Mafatlal Patel
- Palakkumar Thakkar
- Sejal Vijaykumar Patel
- Harshketu Dashrathbhai Patel
What is the registered address of Neotex Yarns Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Neotex Yarns Private Limited is 413 4Th Floormeghmalhar Sector 11 India, Gandhinagar, Gujarat, 382011.
What is the corporate identification number (CIN) and company number of Neotex Yarns Private Limited?
The corporate identification number (CIN) of Neotex Yarns Private Limited is U51100GJ2005PTC046635 and the company number is 046635 as per Ministry of Corporate Affairs (MCA).
What is the official website of Neotex Yarns Private Limited?
The Official website of Neotex Yarns Private Limited is https://www.neotexgroup.com
What has been the recent revenue trend for Neotex Yarns Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Neotex Yarns Private Limited has fallen by -74.93%.
What change has been observed in the net worth of Neotex Yarns Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Neotex Yarns Private Limited has experienced an upsurge of 8.03%.
What are the total open charges for Neotex Yarns Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Neotex Yarns Private Limited amount to ₹ 3.75 Cr.
When was the last Balance Sheet of Neotex Yarns Private Limited filed with the ROC?
The most recent Balance Sheet for Neotex Yarns Private Limited was filed with the ROC on 31 Mar 2024.
People also Viewed
Niket PatelDirector