Neva Garments Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.31 Cr
- Company Age 45 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 57.25 Cr
- Satisfied Charges ₹ 56.79 Cr
- Revenue Growth 5.60%
- Profit Growth 3.66%
- Ebitda -0.26%
- Net Worth 3.22%
- Total Assets 7.53%
About Neva Garments
Neva Garments Limited (NGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 September 1979 and has a history of 45 years and five months. Its registered office is in Punjab, Punjab.
The Corporate was formerly known as Duke Investments Private Limited. The Company is engaged in the Fashion And Textile 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 5.00 Cr and a paid-up capital of Rs 2.31 Cr.
The company currently has active open charges totaling ₹57.25 Cr. The company has closed loans amounting to ₹56.79 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nirmal Jain, Niti Jain, Komal Jain, and Two other members serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U18101PB1979PLC004036
- Company No.
004036
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Sep 1979
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Neva Garments Limited offer?
Neva Garments Limited offers a wide range of products and services, including Men Wear, Men Lower, Men T-Shirts, Cotton Men T-Shirt, Thermal Wear, Kids Winter Clothes, Kids Thermal, Ladies Tops, Round Neck Tops, Men Body Warmer.
Who are the key members and board of directors at Neva Garments?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nirmal Jain  | Managing Director | 01-Jan-2002 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Niti Jain | Whole-Time Director | 01-Jan-2015 | Current |
| Komal Jain | Director | 10-Jun-1981 | Current |
| Rakesh Jain | Director | 15-Oct-2021 | Current |
| Ashish Jain | Director | 30-Nov-2021 | Current |
Financial Performance of Neva Garments.
Neva Garments Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.6% increase. The company also saw a slight improvement in profitability, with a 3.66% increase in profit. The company's net worth moved up by a moderate rise of 3.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Neva Garments?
In 2023, Neva Garments had a promoter holding of 98.75% and a public holding of 1.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Duke India LimitedKomal Jain is a mutual person
- Duke Fashions (India) Limited
Komal Jain and Ashish Jain are mutual person
Pine And Snow Realtors Private LimitedNirmal Jain and Niti Jain are mutual person
Jito Ludhiana Chapter FoundationKomal Jain is a mutual person
Neva Nutrients LlpNirmal Jain and Niti Jain are mutual person
- Neva Plantations Llp
Nirmal Jain is a mutual person
Charges (Loans)
₹57.25 Cr
₹56.79 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 38.29 Cr
- Others : 18.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Apr 2024 | Hdfc Bank Limited | ₹1.01 M | Open |
| 24 Jan 2023 | Hdfc Bank Limited | ₹1.03 M | Open |
| 07 Apr 2022 | Others | ₹2.96 Cr | Open |
| 04 Apr 2022 | Others | ₹16.00 Cr | Open |
| 09 Mar 2022 | Hdfc Bank Limited | ₹0.87 M | Open |
How Many Employees Work at Neva Garments?
Neva Garments has a workforce of 330 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 Neva Garments, 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 Neva Garments'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.
