New India Cables Trading Private Limited

Supplier of electrical products, including LED lights, fans, and switches, to various industries.

2005 | Pune, Maharashtra (India) | Active
Last Updated:

New India Cables Trading Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 71.00 Cr
  • Satisfied Charges ₹ 15.00 Cr
  • Revenue Growth 18.03%
  • Profit Growth 15.35%
  • Ebitda 5.85%
  • Net Worth 16.19%
  • Total Assets -12.83%

About New India Cables Trading

New India Cables Trading Private Limited (NICTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 March 2005 and has a history of 20 years and two months. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹71.00 Cr. The company has closed loans amounting to ₹15.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhir Pherwani and Suresh Pherwani serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52335PN2005PTC020349

  • Company No.

    020349

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Mar 2005

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Consumer Electronics & Durables

What products or services does New India Cables Trading Private Limited offer?

New India Cables Trading Private Limited offers a wide range of products and services, including Domestic Fans, AC & Coolers, Ceiling Fans, Street, Flood and Commercial Lights, Halogen Lamps, Indoor Lights & Lighting Accessories, LED Lights, LED Tube Light.

Company report

New India Cables Trading Private Limited

Explore comprehensive data for New India Cables Trading Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at New India Cables Trading?

Board Members (2)

NameDesignationAppointment DateStatus
Sudhir Pherwani Country flag representing In Director 01-Mar-2005Current
Suresh Pherwani Country flag representing In Director 01-Mar-2005Current

Financial Performance of New India Cables Trading.

New India Cables Trading Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.03% increase. The company also saw a substantial improvement in profitability, with a 15.35% increase in profit. The company's net worth Soared by an impressive increase of 16.19%.

New India Cables Trading revenue growth over time
New India Cables Trading 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
18.03%
Revenue from Operations
18.00%
Total Assets
-12.83%
Profit or Loss
15.35%
Net Worth
16.19%
EBITDA
5.85%

What is the Ownership and Shareholding Structure of New India Cables Trading?

In 2023, New India Cables Trading had a promoter holding of 60.00% and a public holding of 40.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹71.00 Cr

Satisfied Charges

₹15.00 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 35.35 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 28.55 Cr
  • Hdfc Bank Limited : 7.10 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2022The Hongkong And Shanghai Banking Corporation Limited₹7.50 CrOpen
03 Sep 2021The Hongkong And Shanghai Banking Corporation Limited₹3.05 CrOpen
26 Aug 2014The Hongkong And Shanghai Banking Corporation Limited₹18.00 CrOpen
14 Mar 2014State Bank Of India₹35.35 CrOpen
26 Feb 2010Hdfc Bank Limited₹7.10 CrOpen

How Many Employees Work at New India Cables Trading?

New India Cables Trading has a workforce of 128 employees as of Apr 08, 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 New India Cables Trading Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New India Cables Trading, 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 India Cables Trading'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 India Cables Trading

Recent activity within the organization

  • Annual General Meeting

    New India Cables Trading Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    New India Cables Trading Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 7.10 Cr registered on 26 Feb 2010 with Charge ID 10207193 was modified on 19 Oct 2023.

  • Charges

    A charge registered on 17 Oct 2020 via Charge ID 100405059 with State Bank Of India was fully satisfied on 10 May 2023.

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 7.50 Cr with Charge ID 100616676 was registered on 29 Aug 2022.

  • Charges

    A charge with State Bank Of India of Rs. 4.50 Cr registered on 17 Oct 2020 with Charge ID 100405059 was modified on 04 Mar 2022.

Frequently asked questions

  • What is the Incorporation or founding date of New India Cables Trading Private Limited?

    New India Cables Trading Private Limited was incorporated on 01 Mar 2005.

  • What is authorized share capital and paid-up capital of New India Cables Trading Private Limited?

    The authorized share capital of New India Cables Trading Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Who are the current board members & directors of New India Cables Trading Private Limited?

    Currently 2 directors are associated with New India Cables Trading Private Limited.

    • Sudhir Kishanchand Pherwani
    • Suresh Jaduram Pherwani
  • What is the registered address of New India Cables Trading Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of New India Cables Trading Private Limited is Shop No 6 Budhwar Pethtapkir Galli India, Pune, Maharashtra, 411002.

  • What is the corporate identification number (CIN) and company number of New India Cables Trading Private Limited?

    The corporate identification number (CIN) of New India Cables Trading Private Limited is U52335PN2005PTC020349 and the company number is 020349 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of New India Cables Trading Private Limited?

    The Official website of New India Cables Trading Private Limited is https://www.newindiacables.com

  • What has been the recent revenue trend for New India Cables Trading Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for New India Cables Trading Private Limited has risen by 18.03%.

  • How many employees does New India Cables Trading Private Limited currently have?

    As Per 2023 financial reports, 128 employees are currently employed by New India Cables Trading Private Limited.

  • What change has been observed in the net worth of New India Cables Trading Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of New India Cables Trading Private Limited has experienced an upsurge of 16.19%.

  • What are the total open charges for New India Cables Trading Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for New India Cables Trading Private Limited amount to ₹ 71.00 Cr.

  • When was the last Balance Sheet of New India Cables Trading Private Limited filed with the ROC?

    The most recent Balance Sheet for New India Cables Trading Private Limited was filed with the ROC on 31 Mar 2024.

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