New India Electricals Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 4.58 Cr
- Company Age 31 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.00 Cr
- Satisfied Charges ₹ 9.90 Cr
- Revenue Growth -3.27%
- Profit Growth -14.42%
- Ebitda -11.89%
- Net Worth 7.78%
- Total Assets 2.08%
About New India Electricals
New India Electricals Limited (NIEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 April 1994 and has a history of 31 years and one month. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as New India Electricals Private Limited. The Company is engaged in the Energy And Power 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 10.00 Cr and a paid-up capital of Rs 4.58 Cr.
The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹9.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
Hemanshu Desai, Pramila Desai, Nipul Desai, and Two other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U85110KA1994PLC015512
- Company No.
015512
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
15 Apr 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Energy and Power
What products or services does New India Electricals Limited offer?
New India Electricals Limited offers a wide range of products and services, including Pumps, Pumping Machines & Spares, Gear Pump, Control Equipment, Motor Control Centers, Industrial Valves & Valve Fittings, Check Valves, Fuses, Circuit Breakers & Components, Vacuum Circuit Breaker, Electric Motors and Components, AC Motor.
New India Electricals Limited
Explore comprehensive data for New India Electricals Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at New India Electricals?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemanshu Desai  | Managing Director | 15-Apr-1994 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pramila Desai | Director | 15-Apr-1994 | Current |
| Nipul Desai | Whole-Time Director | 15-Apr-1994 | Current |
| Payal Desai | Director | 26-Dec-2003 | Current |
| Amisha Desai | Director | 26-Dec-2003 | Current |
Financial Performance of New India Electricals.
New India Electricals Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.27% decrease. The company also saw a substantial fall in profitability, with a 14.42% decrease in profit. The company's net worth moved up by a moderate rise of 7.78%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of New India Electricals?
In 2023, New India Electricals 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)
Nie Power Andengg.Private LimitedHemanshu Desai and Nipul Desai are mutual person
Korus Energy Solutions Private LimitedHemanshu Desai, Nipul Desai and 2 more are mutual person
Bitmango Private LimitedHemanshu Desai is a mutual person
Charges (Loans)
Open Charges
₹2.00 Cr
Satisfied Charges
₹9.90 Cr
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2023 | Others | ₹2.00 Cr | Open |
| 16 Dec 2010 | State Bank Of India | ₹5.00 Cr | Satisfied |
| 21 Apr 2005 | Corporation Bank | ₹4.90 Cr | Satisfied |
How Many Employees Work at New India Electricals?
New India Electricals has a workforce of 52 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 New India Electricals, 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 Electricals'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 New India Electricals
Recent activity within the organization
- Annual General Meeting
New India Electricals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 2.00 Cr registered on 10 Oct 2023 with Charge ID 100821764 was modified on 02 Sep 2024.
- Balance Sheet
New India Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100821764 was registered on 10 Oct 2023.
- Charges
A charge registered on 16 Dec 2010 via Charge ID 10265393 with State Bank Of India was fully satisfied on 01 Jun 2020.
- Charges
A charge registered on 21 Apr 2005 via Charge ID 80022871 with Corporation Bank was fully satisfied on 06 Jun 2018.
Frequently asked questions
What is the Incorporation or founding date of New India Electricals Limited?
New India Electricals Limited was incorporated on 15 Apr 1994.
What is authorized share capital and paid-up capital of New India Electricals Limited?
The authorized share capital of New India Electricals Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.58 Cr.
Who are the current board members & directors of New India Electricals Limited?
Currently 5 directors are associated with New India Electricals Limited.
- Hemanshu Narendra Desai
- Pramila Narendra Desai
- Nipul Narendra Desai
- Payal Nipul Desai
- Amisha Hemanshu Desai
What is the registered address of New India Electricals Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of New India Electricals Limited is Powerhouse No.18 Jcroad, India, Bengaluru, Karnataka, 560002.
What is the corporate identification number (CIN) and company number of New India Electricals Limited?
The corporate identification number (CIN) of New India Electricals Limited is U85110KA1994PLC015512 and the company number is 015512 as per Ministry of Corporate Affairs (MCA).
What is the official website of New India Electricals Limited?
The Official website of New India Electricals Limited is https://www.newindiaelectricals.com
What has been the recent revenue trend for New India Electricals Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for New India Electricals Limited has fallen by -3.27%.
How many employees does New India Electricals Limited currently have?
As Per 2023 financial reports, 52 employees are currently employed by New India Electricals Limited.
What change has been observed in the net worth of New India Electricals Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of New India Electricals Limited has experienced an upsurge of 7.78%.
What are the total open charges for New India Electricals Limited?
As per the financial statements for fiscal Year 2023, The total open charges for New India Electricals Limited amount to ₹ 2.00 Cr.
When was the last Balance Sheet of New India Electricals Limited filed with the ROC?
The most recent Balance Sheet for New India Electricals Limited was filed with the ROC on 31 Mar 2024.
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