New Link Overseas Finance Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 5.30 Cr
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 35.68 Cr
- Satisfied Charges ₹ 86.66 Cr
- Revenue Growth -60.10%
- Profit Growth -22.15%
- Ebitda 0.04%
- Net Worth -197.66%
- Total Assets -15.44%
About New Link Overseas Finance
New Link Overseas Finance Limited (NLOFL) is a Public Limited Indian Non-Government Company incorporated in India on 17 January 1991 and has a history of 34 years and one month. Its registered office is in Chennai, Tamil Nadu, 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 20.00 Cr and a paid-up capital of Rs 5.30 Cr.
The company currently has active open charges totaling ₹35.68 Cr. The company has closed loans amounting to ₹86.66 Cr, as per Ministry of Corporate Affairs (MCA) records.
Om Garg, Thangaraj Gopalakrishnan, Denise Panjwani, and One other member serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U65191TN1991PLC020173
- Company No.
020173
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Jan 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at New Link Overseas Finance?
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Om Garg  | Director | 17-Jan-1991 | Current |
| Thangaraj Gopalakrishnan | Additional Director | 03-Nov-2023 | Current |
Denise Panjwani  | Director | 19-Sep-2016 | Current |
| Sornaraja Deivanai | Director | 07-Dec-2018 | Current |
Financial Performance of New Link Overseas Finance.
New Link Overseas Finance Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 60.1% decrease. The company also saw a substantial fall in profitability, with a 22.15% decrease in profit. The company's net worth observed a substantial decline by a decrease of 197.66%.
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What is the Ownership and Shareholding Structure of New Link Overseas Finance?
In 2022, New Link Overseas Finance had a promoter holding of 5.77% and a public holding of 94.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Overseas Carpets Limited.Om Garg is a mutual person
Shyam Cotsyn India LtdOm Garg is a mutual person
- Winlex Impex Private Limited.
Om Garg is a mutual person
Charges (Loans)
₹35.68 Cr
₹86.66 Cr
Charges Breakdown by Lending Institutions
- Idbi Trusteeship Services Limited : 34.22 Cr
- Indian Renewable Energy Development Agency Limited : 0.73 Cr
- Indian Renewabl Energy Development Agency Limited : 0.73 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2018 | Idbi Trusteeship Services Limited | ₹15.00 Cr | Open |
| 29 Aug 2017 | Idbi Trusteeship Services Limited | ₹15.00 Cr | Open |
| 11 Apr 2014 | Idbi Trusteeship Services Limited | ₹4.22 Cr | Open |
| 16 Jun 1998 | Indian Renewabl Energy Development Agency Limited | ₹7.30 M | Open |
| 15 Jun 1998 | Indian Renewable Energy Development Agency Limited | ₹7.30 M | Open |
How Many Employees Work at New Link Overseas Finance?
New Link Overseas Finance has a workforce of 10 employees as of Apr 04, 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 Link Overseas Finance, 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 Link Overseas Finance'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.
