Newco Auto Profile
Key Indicators
- Authorised Capital ₹ 2.20 Cr
- Paid Up Capital ₹ 2.19 Cr
- Company Age 29 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 17.15 Cr
- Satisfied Charges ₹ 5.42 Cr
- Revenue Growth 25.46%
- Profit Growth 6.70%
- Ebitda 19.31%
- Net Worth 25.94%
- Total Assets -11.75%
About Newco Auto
Newco Auto Private Limited (NAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 July 1995 and has a history of 29 years and six months. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.
The Corporate was formerly known as Suretech Engineering Private Limited. The Company is engaged in the Machinery And Equipment 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 2.20 Cr and a paid-up capital of Rs 2.19 Cr.
The company currently has active open charges totaling ₹17.15 Cr. The company has closed loans amounting to ₹5.42 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nisha Taunk, Prashant Taunk, Deepak Taunk, and One other member serve as directors at the Company.
Company Details
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Location
Seraikela-Kharsawan, Jharkhand, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U51392JH1995PTC006625
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Company No.
006625
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
24 Jul 1995
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Jharkhand
Industry
What products or services does Newco Auto Private Limited offer?
Newco Auto Private Limited offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Forgings, Automobile Fittings & Components, Automotive Shafts, Athletics Equipment, Track Hurdles, Machine Parts, Machine Bushing, Bearing Bushes, Nails & Pins.
Who are the key members and board of directors at Newco Auto?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepak Taunk
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Managing Director | 24-Jul-1995 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Prashant Taunk
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Director | 15-Sep-2004 | Current |
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Nisha Taunk
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Director | Current | |
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Darshana Taunk
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Director | 15-Sep-1997 | Current |
Financial Performance of Newco Auto.
Newco Auto Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.46% increase. The company also saw a slight improvement in profitability, with a 6.7% increase in profit. The company's net worth Soared by an impressive increase of 25.94%.
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What is the Ownership and Shareholding Structure of Newco Auto?
In 2023, Newco Auto had a promoter holding of 90.64% and a public holding of 9.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Eastern Travels Pvt LtdNisha Taunk, Prashant Taunk and 2 more are mutual person
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Bhakti Insurance Advisory Private LimitedNisha Taunk, Prashant Taunk and 2 more are mutual person
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Darshana Horticulture Llp
Deepak Taunk and Darshana Taunk are mutual person
Charges (Loans)
₹17.15 Cr
₹5.42 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 16.59 Cr
- Others : 0.56 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2021 | Axis Bank Limited | ₹3.50 M | Open |
| 22 Jun 2018 | Axis Bank Limited | ₹16.24 Cr | Open |
| 19 Jul 2016 | Others | ₹1.69 M | Open |
| 18 Jul 2016 | Others | ₹2.11 M | Open |
| 06 Apr 2016 | Others | ₹1.84 M | Open |
How Many Employees Work at Newco Auto?
Newco Auto has a workforce of 32 employees as of Mar 30, 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 Newco Auto, 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 Newco Auto'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.
