New India Retailing & Investment Limited

Fashion retail store and strategic investments in securities, part of K K Birla Group.

1933 | Kolkata, West Bengal (India) | Active
Last Updated:

New India Retailing & Investment Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.62 Cr
  • Company Age 92 Year, 9 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.70 Cr
  • Satisfied Charges ₹ 39.65 Cr
  • Revenue Growth 13.49%
  • Profit Growth 168.56%
  • Ebitda -52.65%
  • Net Worth -33.14%
  • Total Assets -33.14%

About New India Retailing & Investment

New India Retailing & Investment Limited (NIRIL) was founded in India on 04 May 1933 and has a glorious history of 92 years . Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as New India Sugar Mills Ltd. 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 25.00 Cr and a paid-up capital of Rs 11.62 Cr.

The company currently has active open charges totaling ₹27.70 Cr. The company has closed loans amounting to ₹39.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at New India Retailing & Investment Limited India are Aditya Purohit as COMPANY SECRETARY and Abhay Singhal as Cfo. Chandra Nopany, Shalini Nopany, Pooja Goenka, and Three other members 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

    L15421WB1933PLC023070

  • Company No.

    023070

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 May 1933

  • Date of AGM

    16 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Fashion and Textile
Financial Services
Company report

New India Retailing & Investment Limited

Explore comprehensive data for New India Retailing & Investment Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at New India Retailing & Investment?

Executive Team (2)

NameDesignationAppointment DateStatus
Aditya Purohit Country flag representing In Company Secretary13-Jun-2024Current
Abhay Singhal Country flag representing In CFO17-Jul-2017Current

Board Members (6)

NameDesignationAppointment DateStatus
Chandra Nopany Country flag representing In Director 28-Aug-1992Current
Shalini Nopany Country flag representing In Director 21-Apr-2006Current
Pooja Goenka Country flag representing In Whole-Time Director 13-May-2016Current
Abhrajit Dutta Country flag representing In Director 29-Aug-2024Current
Shrikant Mantri Country flag representing In Director 13-May-2015Current
Shabnam Agarwal Country flag representing In Director 08-Nov-2022Current

Financial Performance of New India Retailing & Investment.

New India Retailing & Investment Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.49% increase. The company also saw a substantial improvement in profitability, with a 168.56% increase in profit. The company's net worth observed a substantial decline by a decrease of 33.14%.

New India Retailing & Investment revenue growth over time
New India Retailing & Investment 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
13.49%
Revenue from Operations
-58.43%
Total Assets
-33.14%
Profit or Loss
168.56%
Net Worth
-33.14%
EBITDA
-52.65%

What is the Ownership and Shareholding Structure of New India Retailing & Investment?

In 2023, New India Retailing & Investment had a promoter holding of 68.63% and a public holding of 31.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.70 Cr

Satisfied Charges

₹39.65 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 24.70 Cr
  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
09 Jul 2021Others₹3.00 CrOpen
06 May 1997State Bank Of India₹24.70 CrOpen
11 Jan 2017Others₹2.70 CrSatisfied
22 Mar 2013Icici Bank Limited₹2.00 CrSatisfied
08 Aug 2006The Bank Of Rajasthan Limited₹2.00 CrSatisfied

How Many Employees Work at New India Retailing & Investment?

Unlock and access historical data on people associated with New India Retailing & Investment, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for New India Retailing & Investment Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New India Retailing & Investment, 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 Retailing & Investment'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 Retailing & Investment

Recent activity within the organization

  • Director Appointment

    Abhrajit Dutta was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 8 months 14 days .

  • Annual General Meeting

    New India Retailing & Investment Limited last Annual general meeting of members was held on 16 Aug 2024 as per latest MCA records.

  • Director Appointment

    Aditya Purohit was appointed as a Company Secretary was appointed as a Company Secretary on 13 Jun 2024 & has been associated with this company since 11 months .

  • Balance Sheet

    New India Retailing & Investment Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Others of Rs. 3.00 Cr registered on 09 Jul 2021 with Charge ID 100465615 was modified on 01 Mar 2022.

  • Charges

    A charge registered on 11 Jan 2017 via Charge ID 100072527 with Others was fully satisfied on 18 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of New India Retailing & Investment Limited?

    New India Retailing & Investment Limited was incorporated on 04 May 1933.

  • What is authorized share capital and paid-up capital of New India Retailing & Investment Limited?

    The authorized share capital of New India Retailing & Investment Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.62 Cr.

  • Who are the current board members & directors of New India Retailing & Investment Limited?

    Currently 8 directors are associated with New India Retailing & Investment Limited.

    • Chandra Shekhar Nopany
    • Shalini Nopany
    • Pooja Goenka
    • Abhrajit Dutta
    • Shrikant Mantri
    • Shabnam Agarwal
    • Aditya Purohit
    • Abhay Singhal

  • What is the registered address of New India Retailing & Investment Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of New India Retailing & Investment Limited is 9/1 R N Mukherjee Road Birla Building India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of New India Retailing & Investment Limited?

    The corporate identification number (CIN) of New India Retailing & Investment Limited is L15421WB1933PLC023070 and the company number is 023070 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of New India Retailing & Investment Limited?

    The Official website of New India Retailing & Investment Limited is https://www.niril.in

  • What has been the recent revenue trend for New India Retailing & Investment Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for New India Retailing & Investment Limited has risen by 13.49%.

  • What change has been observed in the net worth of New India Retailing & Investment Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of New India Retailing & Investment Limited has experienced an downturn of -33.14%.

  • What are the total open charges for New India Retailing & Investment Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for New India Retailing & Investment Limited amount to ₹ 27.70 Cr.

  • When was the last Balance Sheet of New India Retailing & Investment Limited filed with the ROC?

    The most recent Balance Sheet for New India Retailing & Investment Limited was filed with the ROC on 31 Mar 2024.

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