New Manak Overseas Limited

Supplier and exporter of ferrous and non-ferrous metals, also authorized dealer for Shyam Ferro Alloys and Rathi Steel.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: February 12, 2025

New Manak Overseas Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.50 M
  • Company Age 29 Year, 16 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 17.50 Cr
  • Revenue Growth -100.00%
  • Profit Growth -167.25%
  • Ebitda 85.72%
  • Net Worth -11.09%
  • Total Assets -44.82%

About New Manak Overseas

New Manak Overseas Limited (NMOL) is a Public Limited Indian Non-Government Company incorporated in India on 09 February 1996 and has a history of 29 years. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Manak Overseas Limited. The Company is engaged in the Metals And Minerals 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 2.00 Cr and a paid-up capital of Rs 2.50 M.

The company has closed loans amounting to ₹17.50 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Darshil Kanungo, Satish Kanungo, and Jaya Kanungo serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    manakgroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51900MH1996PLC097135

  • Company No.

    097135

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 1996

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does New Manak Overseas Limited offer?

New Manak Overseas Limited offers a wide range of products and services, including Solar Water Heater Tubes & Accessories, Solar Heat Pipe Tube, Steel Rods, Wire Rods, Pipe Fittings, Seamless Pipe Fittings, Metal Scrap & Waste Materials, Steel Scrap.

Who are the key members and board of directors at New Manak Overseas?

Board Members (3)

NameDesignationAppointment DateStatus
Darshil Kanungo Country flag representing In Director 05-May-2017Current
Satish Kanungo Country flag representing In Director 09-Feb-1996Current
Jaya Kanungo Country flag representing In Director 09-Feb-1996Current

Financial Performance of New Manak Overseas.

New Manak Overseas Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial fall in profitability, with a 167.25% decrease in profit. The company's net worth observed a substantial decline by a decrease of 11.09%.

Graph illustrating revenue growth over time
Graph showing 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
-100.00%
Revenue from Operations
Total Assets
-44.82%
Profit or Loss
-167.25%
Net Worth
-11.09%
EBITDA
85.72%

What is the Ownership and Shareholding Structure of New Manak Overseas?

In 2023, New Manak Overseas had a promoter holding of 95.84% and a public holding of 4.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹17.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 14.50 Cr
  • Uti Bank Ltd : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
05 Dec 2006Others₹14.50 CrSatisfied
30 Oct 2002Uti Bank Ltd₹3.00 CrSatisfied

How Many Employees Work at New Manak Overseas?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Manak Overseas, 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 Manak Overseas'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 Manak Overseas

Recent activity within the organization

  • Annual General Meeting

    New Manak Overseas Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    New Manak Overseas Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 05 Dec 2006 via Charge ID 10030410 with Others was fully satisfied on 06 Apr 2022.

    06 Apr 2022

  • Charges

    A charge with Others of Rs. 14.50 Cr registered on 05 Dec 2006 with Charge ID 10030410 was modified on 13 Dec 2019.

    13 Dec 2019

  • Director Appointment

    Darshil Satish Kanungo was appointed as a Director was appointed as a Director on 05 May 2017 & has been associated with this company since 7 years 9 months .

    05 May 2017

  • Charges

    A charge registered on 30 Oct 2002 via Charge ID 90159136 with Uti Bank Ltd was fully satisfied on 17 Jan 2007.

    17 Jan 2007

Frequently asked questions

  • New Manak Overseas Limited was incorporated on 09 Feb 1996.

  • The authorized share capital of New Manak Overseas Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.50 M.

  • Currently 3 directors are associated with New Manak Overseas Limited.

    • Darshil Satish Kanungo
    • Satish Jawahar Kanungo
    • Jaya Jawahar Kanungo
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Manak Overseas Limited is 44 C P Tank Road2 Nd Floor India, Mumbai, Maharashtra, 400004.

  • The corporate identification number (CIN) of New Manak Overseas Limited is U51900MH1996PLC097135 and the company number is 097135 as per Ministry of Corporate Affairs (MCA).

  • The Official website of New Manak Overseas Limited is https://www.manakgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for New Manak Overseas Limited has fallen by -100.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of New Manak Overseas Limited has experienced an downturn of -11.09%.

  • The most recent Balance Sheet for New Manak Overseas Limited was filed with the ROC on 31 Mar 2024.

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