New Tea Co Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 4.80 Cr
- Company Age 88 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 71.41 Cr
- Satisfied Charges ₹ 58.26 Cr
- Revenue Growth 0.20%
- Profit Growth 68.47%
- Ebitda -8.12%
- Net Worth 4.60%
- Total Assets -0.08%
About New Tea Co
New Tea Co Ltd (NTCL) was founded in India on 19 June 1936 and has a glorious history of 88 years and eight months. Its registered office is in Kolkata, West Bengal, India.
The Company is engaged in the Agriculture 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 6.00 Cr and a paid-up capital of Rs 4.80 Cr.
The company currently has active open charges totaling ₹71.41 Cr. The company has closed loans amounting to ₹58.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Dinesh Agarwal, Bijay Bansal, Shiv Agarwala, and Five 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
U15491WB1936PLC008638
- Company No.
008638
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jun 1936
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
What products or services does New Tea Co Ltd offer?
New Tea Co Ltd offers a wide range of products and services, including Tea & Coffee, Black Tea, Tea Bags, Black Tea Bags.
Who are the key members and board of directors at New Tea Co?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Roshan Agarwala  | Managing Director | 01-Mar-1976 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dinesh Agarwal | Director | 27-Mar-2015 | Current |
| Bijay Bansal | Director | 27-Mar-2015 | Current |
| Shiv Agarwala | Director | 14-Oct-1997 | Current |
| Binod Bansal | Whole-Time Director | 01-Nov-1998 | Current |
| Suresh Bansal | Whole-Time Director | 12-Sep-1976 | Current |
| Raj Bansal | Director | 12-Jul-2010 | Current |
Financial Performance of New Tea Co.
New Tea Co Ltd, for the financial year ended 2021, experienced modest growth in revenue, with a 0.2% increase. The company also saw a substantial improvement in profitability, with a 68.47% increase in profit. The company's net worth moved up by a moderate rise of 4.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of New Tea Co?
In 2021, New Tea Co had a promoter holding of 23.20% and a public holding of 76.80%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
The Bengal Rowing ClubRaj Bansal is a mutual person
New Tea Beverages Exports Private LimitedBinod Bansal is a mutual person
Avant Food & Beverages Private LimitedSuresh Bansal is a mutual person
Atal Tea Co (1943) LtdShiv Agarwala, Roshan Agarwala and 1 more are mutual person
- Balason Tea Company Private Limited
Shiv Agarwala, Binod Bansal and 2 more are mutual person
- New Tea International Private Limited
Shiv Agarwala, Suresh Bansal and 1 more are mutual person
Charges (Loans)
₹71.41 Cr
₹58.26 Cr
Charges Breakdown by Lending Institutions
- Uco Bank : 71.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2023 | Uco Bank | ₹3.48 Cr | Open |
| 04 Nov 2020 | Uco Bank | ₹9.10 Cr | Open |
| 10 Aug 2020 | Uco Bank | ₹4.83 Cr | Open |
| 11 Sep 1995 | Uco Bank | ₹54.00 Cr | Open |
| 09 Oct 2019 | Uco Bank | ₹2.50 Cr | Satisfied |
How Many Employees Work at New Tea Co?
Unlock and access historical data on people associated with New Tea Co, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of New Tea Co, 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 Tea Co'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.
