New Chumta Tea Company Limited

Tea company with integrated manufacturing operations and three tea estates in West Bengal.

1889 | Kolkata, West Bengal (India) | Active
Last Updated: October 24, 2024

New Chumta Tea Company Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.14 Cr
  • Company Age 135 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.20 Cr
  • Satisfied Charges ₹ 40.16 Cr
  • Revenue Growth -4.42%
  • Profit Growth 176.61%
  • Ebitda 60.26%
  • Net Worth 5.90%
  • Total Assets 24.46%

About New Chumta Tea Company

New Chumta Tea Company Limited (NCTCL) was founded in India on 24 June 1889 and has a glorious history of 135 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Roopacherra Tea Co Ltd. The Company is engaged in the Agriculture 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 3.00 Cr and a paid-up capital of Rs 2.14 Cr.

The company currently has active open charges totaling ₹2.20 Cr. The company has closed loans amounting to ₹40.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at New Chumta Tea Company Limited India are Hemant Sharma as CFO and Sanjeev Shukla as Company Secretary. Sidharth Tantia, Sharad Bajoria, Ishan Bajoria, and One other member serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L01132WB1889PLC000576

  • Company No.

    000576

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Jun 1889

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture

Who are the key members and board of directors at New Chumta Tea Company?

Executive Team (3)

Name Designation Appointment Date Status
Sanjeev Shukla Country flag representing In Company Secretary 30-Jun-2015 Current
Sharad Bajoria Country flag representing In Managing Director 26-Apr-1999 Current
Hemant Sharma Country flag representing In CFO 30-Mar-2015 Current

Board Members (3)

Name Designation Appointment Date Status
Sidharth Tantia Country flag representing In Director 21-Mar-2023 Current
Ishan Bajoria Country flag representing In Director 21-Mar-2023 Current
Gauri Bajoria Country flag representing In Director 14-May-2015 Current

Financial Performance of New Chumta Tea Company.

New Chumta Tea Company Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.42% decrease. The company also saw a substantial improvement in profitability, with a 176.61% increase in profit. The company's net worth moved up by a moderate rise of 5.9%.

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
-4.42%
Revenue from Operations
-4.37%
Total Assets
24.46%
Profit or Loss
176.61%
Net Worth
5.90%
EBITDA
60.26%

What is the Ownership and Shareholding Structure of New Chumta Tea Company?

In 2022, New Chumta Tea Company had a promoter holding of 94.52% and a public holding of 5.49%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.20 Cr

Satisfied Charges

₹40.16 Cr

Charges Breakdown by Lending Institutions

  • Others : 2.20 Cr

Latest Charge Details

Date Lender Amount Status
24 May 2024 Others ₹2.20 Cr Open
24 Apr 2012 Tea Board ₹0.70 M Satisfied
08 Feb 2012 Tea Board ₹0.97 M Satisfied
07 Dec 2011 Bank Of Maharastra ₹1.15 Cr Satisfied
11 Sep 2009 Tea Board ₹0.98 M Satisfied

How Many Employees Work at New Chumta Tea Company?

New Chumta Tea Company has a workforce of 6 employees as of Mar 28, 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 New Chumta Tea Company, 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 New Chumta Tea Company'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 New Chumta Tea Company

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100924318 was registered on 24 May 2024.

    24 May 2024

  • Charges

    A charge registered on 10 Oct 2002 via Charge ID 90249261 with State Bank Of India was fully satisfied on 28 Mar 2024.

    28 Mar 2024

  • Annual General Meeting

    New Chumta Tea Company Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    New Chumta Tea Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

    31 Mar 2023

  • Director Appointment

    Sidharth Tantia was appointed as a Director was appointed as a Director on 21 Mar 2023 & has been associated with this company since 1 year 10 months .

    21 Mar 2023

  • Director Appointment

    Ishan Bajoria was appointed as a Director was appointed as a Director on 21 Mar 2023 & has been associated with this company since 1 year 10 months .

    21 Mar 2023

Frequently asked questions

  • New Chumta Tea Company Limited was incorporated on 24 Jun 1889.

  • The authorized share capital of New Chumta Tea Company Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.14 Cr.

  • Currently 6 directors are associated with New Chumta Tea Company Limited.

    • Sidharth Tantia
    • Sharad Bajoria
    • Ishan Bajoria
    • Gauri Bajoria
    • Hemant Kumar Sharma
    • Sanjeev Kumar Shukla
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Chumta Tea Company Limited is 3 Netaji Subhas Road, Mcled House India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of New Chumta Tea Company Limited is L01132WB1889PLC000576 and the company number is 000576 as per Ministry of Corporate Affairs (MCA).

  • The Official website of New Chumta Tea Company Limited is https://www.ntcl.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for New Chumta Tea Company Limited has fallen by -4.42%.

  • As Per 2023 financial reports, 6 employees are currently employed by New Chumta Tea Company Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of New Chumta Tea Company Limited has experienced an upsurge of 5.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for New Chumta Tea Company Limited amount to ₹ 2.20 Cr.

  • The most recent Balance Sheet for New Chumta Tea Company Limited was filed with the ROC on 31 Mar 2023.

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