New Era Fabrics Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.04 Cr
- Company Age 68 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.70 M
- Satisfied Charges ₹ 3.18 Cr
- Revenue Growth 19.81%
- Profit Growth 12.26%
- Ebitda 31.66%
- Net Worth 30.46%
- Total Assets 18.89%
About New Era Fabrics
New Era Fabrics Limited (NEFL) was founded in India on 10 September 1956 and has a glorious history of 68 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.04 Cr.
The company currently has active open charges totaling ₹6.70 M. The company has closed loans amounting to ₹3.18 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manoj Himatsinghka, Rajendra Agarwal, and Anand Agarwal serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24300MH1956PLC009848
- Company No.
009848
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
10 Sep 1956
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at New Era Fabrics?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manoj Himatsinghka  | Director | 22-May-2003 | Current |
| Rajendra Agarwal | Director | 05-Dec-1988 | Current |
| Anand Agarwal | Director | 26-May-2010 | Current |
Financial Performance of New Era Fabrics.
New Era Fabrics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.81% increase. The company also saw a substantial improvement in profitability, with a 12.26% increase in profit. The company's net worth Soared by an impressive increase of 30.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of New Era Fabrics?
In 2023, New Era Fabrics had a promoter holding of 49.20% and a public holding of 50.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shriram Industries & Exports Private LimitedAnand Agarwal is a mutual person
Ambit Multitrade Private LimitedManoj Himatsinghka is a mutual person
- Satelite Estates And Holdings Pvt. Ltd
Rajendra Agarwal is a mutual person
- Infotech Era (India) Limited
Rajendra Agarwal is a mutual person
- Kishan Lall & Sons (Udyog) Pvt Ltd
Anand Agarwal is a mutual person
Charges (Loans)
₹0.67 Cr
₹3.18 Cr
Charges Breakdown by Lending Institutions
- Hindustan Petroleum Corpn. Ltd : 0.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 May 1988 | Hindustan Petroleum Corpn. Ltd | ₹6.70 M | Open |
| 15 Jul 1997 | Allahabad Bank | ₹5.50 M | Satisfied |
| 21 May 1991 | Allahabad Bank | ₹5.00 M | Satisfied |
| 13 Nov 1990 | Allahabad Bank | ₹5.50 M | Satisfied |
| 23 Feb 1988 | Allahabad Bank | ₹1.34 Cr | Satisfied |
How Many Employees Work at New Era Fabrics?
New Era Fabrics has a workforce of 0 employees as of Apr 07, 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 New Era Fabrics, 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 Era Fabrics'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.
