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
Agriculture
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.
New Tea Co Ltd
Explore comprehensive data for New Tea Co Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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) Ltd
Shiv 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)
Open Charges
₹71.41 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on New Tea Co
Recent activity within the organization
- Annual General Meeting
New Tea Co Ltd last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Charges
A charge with Uco Bank of Rs. 54.00 Cr registered on 11 Sep 1995 with Charge ID 90252722 was modified on 29 Jul 2024.
- Balance Sheet
New Tea Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
- Charges
A charge with Uco Bank amounted to Rs. 3.48 Cr with Charge ID 100835996 was registered on 27 Dec 2023.
- Charges
A charge registered on 09 Oct 2019 via Charge ID 100293727 with Uco Bank was fully satisfied on 28 Oct 2021.
- Charges
A charge with Uco Bank amounted to Rs. 9.10 Cr with Charge ID 100390423 was registered on 04 Nov 2020.
Frequently asked questions
What is the Incorporation or founding date of New Tea Co Ltd?
New Tea Co Ltd was incorporated on 19 Jun 1936.
What is authorized share capital and paid-up capital of New Tea Co Ltd?
The authorized share capital of New Tea Co Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 4.80 Cr.
Who are the current board members & directors of New Tea Co Ltd?
Currently 8 directors are associated with New Tea Co Ltd.
- Dinesh Kumar Agarwal
- Bijay Kumar Bansal
- Shiv Prasad Agarwala
- Binod Kumar Bansal
- Suresh Kumar Bansal
- Roshan Lal Agarwala
- Raj Bansal
- Ashok Kumar Bansal
What is the registered address of New Tea Co Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of New Tea Co Ltd is Hindustan Buildings4 Chittaranjan Avenue India, Kolkata, West Bengal, 700072.
What is the corporate identification number (CIN) and company number of New Tea Co Ltd?
The corporate identification number (CIN) of New Tea Co Ltd is U15491WB1936PLC008638 and the company number is 008638 as per Ministry of Corporate Affairs (MCA).
What is the official website of New Tea Co Ltd?
The Official website of New Tea Co Ltd is https://www.new-tea.com
What has been the recent revenue trend for New Tea Co Ltd?
According to the financial reports for the fiscal year 2021, the revenue trend for New Tea Co Ltd has risen by 0.20%.
What change has been observed in the net worth of New Tea Co Ltd, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of New Tea Co Ltd has experienced an upsurge of 4.60%.
What are the total open charges for New Tea Co Ltd?
As per the financial statements for fiscal Year 2021, The total open charges for New Tea Co Ltd amount to ₹ 71.41 Cr.
When was the last Balance Sheet of New Tea Co Ltd filed with the ROC?
The most recent Balance Sheet for New Tea Co Ltd was filed with the ROC on 31 Mar 2024.
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