Norben Tea & Exports Ltd

Specializes in processing and exporting a variety of Indian teas from West Bengal.

1990 | Kolkata, West Bengal (India) | Active
Last Updated: November 16, 2024

Norben Tea & Exports Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 11.75 Cr
  • Company Age 34 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.39 Cr
  • Satisfied Charges ₹ 1.23 Cr
  • Revenue Growth 29.34%
  • Profit Growth 179.53%
  • Ebitda 84.35%
  • Net Worth 1.65%
  • Total Assets 6.71%

About Norben Tea & Exports

Norben Tea & Exports Ltd (NTEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 May 1990 and has a history of 34 years and eight months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 519528 and on the National Stock Exchange(NSE) under NORBTEAEXP.

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 12.00 Cr and a paid-up capital of Rs 11.75 Cr.

The company currently has active open charges totaling ₹8.39 Cr. The company has closed loans amounting to ₹1.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Norben Tea & Exports Ltd India are Payal Surolia as CFO and Niraj Tiwari as Company Secretary. Manoj Daga, Ashok Bagree, Balkrishan Agarwal, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L01132WB1990PLC048991

  • Company No.

    048991

  • Stock Symbol

    BSE : 519528 NSE : NORBTEAEXP

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 May 1990

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Agriculture

What products or services does Norben Tea & Exports Ltd offer?

Norben Tea & Exports Ltd offers a wide range of products and services, including Tea & Coffee, Flavored Tea, Tea, Black Tea, Royal Black Tea, CTC Tea.

Who are the key members and board of directors at Norben Tea & Exports?

Executive Team (3)

Name Designation Appointment Date Status
Manoj Daga Country flag representing In Managing Director 01-Apr-2004 Current
Payal Surolia CFO 29-May-2023 Current
Niraj Tiwari Company Secretary Current

Board Members (5)

Name Designation Appointment Date Status
Ashok Bagree Country flag representing In Director 04-Sep-2024 Current
Balkrishan Agarwal Country flag representing In Director 11-Nov-2019 Current
Tanusree Chatterjee Country flag representing In Director 24-Aug-2020 Current
Deepak Tiwari Country flag representing In Director 24-Aug-2020 Current
Komal Bhotika Country flag representing In Director 04-Sep-2024 Current

Financial Performance of Norben Tea & Exports.

Norben Tea & Exports Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 29.34% increase. The company also saw a substantial improvement in profitability, with a 179.53% increase in profit. The company's net worth moved up by a moderate rise of 1.65%.

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
29.34%
Revenue from Operations
30.31%
Total Assets
6.71%
Profit or Loss
179.53%
Net Worth
1.65%
EBITDA
84.35%

What is the Ownership and Shareholding Structure of Norben Tea & Exports?

In 2023, Norben Tea & Exports had a promoter holding of 51.45% and a public holding of 48.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.39 Cr

Satisfied Charges

₹1.23 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 8.30 Cr
  • Others : 0.09 Cr

Latest Charge Details

Date Lender Amount Status
10 Jun 2023 Others ₹0.89 M Open
04 Dec 2006 State Bank Of India ₹4.15 Cr Open
30 Oct 2006 State Bank Of India ₹4.15 Cr Open
11 Feb 2003 United Bank Of India ₹1.23 Cr Satisfied

How Many Employees Work at Norben Tea & Exports?

Norben Tea & Exports has a workforce of 393 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Norben Tea & Exports, 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 Norben Tea & Exports'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 Norben Tea & Exports

Recent activity within the organization

  • Director Appointment

    Ashok Vardhan Bagree was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 4 months 30 days .

    04 Sep 2024

  • Director Appointment

    Komal Bhotika was appointed as a Director was appointed as a Director on 04 Sep 2024 & has been associated with this company since 4 months 30 days .

    04 Sep 2024

  • Annual General Meeting

    Norben Tea & Exports Ltd last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

    09 Aug 2024

  • Balance Sheet

    Norben Tea & Exports Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 4.15 Cr registered on 04 Dec 2006 with Charge ID 10032253 was modified on 28 Nov 2023.

    28 Nov 2023

  • Charges

    A charge with State Bank Of India of Rs. 4.15 Cr registered on 30 Oct 2006 with Charge ID 10025609 was modified on 28 Nov 2023.

    28 Nov 2023

Frequently asked questions

  • Norben Tea & Exports Ltd was incorporated on 14 May 1990.

  • The authorized share capital of Norben Tea & Exports Ltd is ₹ 12.00 Cr and paid-up capital is ₹ 11.75 Cr.

  • Currently 8 directors are associated with Norben Tea & Exports Ltd.

    • Manoj Kumar Daga
    • Ashok Vardhan Bagree
    • Balkrishan Agarwal
    • Tanusree Chatterjee
    • Deepak Tiwari
    • Komal Bhotika
    • Payal Surolia
    • Niraj Tiwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Norben Tea & Exports Ltd is Octavious Centre 3Rd Floor 15B, Hemant Basu Sarani India, Kolkata, West Bengal, 700001.

  • The corporate identification number (CIN) of Norben Tea & Exports Ltd is L01132WB1990PLC048991 and the company number is 048991 as per Ministry of Corporate Affairs (MCA).

  • Yes, Norben Tea & Exports Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NORBTEAEXP.

  • The Official website of Norben Tea & Exports Ltd is https://www.norbentea.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Norben Tea & Exports Ltd has risen by 29.34%.

  • As Per 2023 financial reports, 393 employees are currently employed by Norben Tea & Exports Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Norben Tea & Exports Ltd has experienced an upsurge of 1.65%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Norben Tea & Exports Ltd amount to ₹ 8.39 Cr.

  • The most recent Balance Sheet for Norben Tea & Exports Ltd was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Tea & Coffee Processing