Norquest Brands Pvt Ltd

Manufacturer and exporter of a variety of bags and textiles, serving customers worldwide.

1994 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 24, 2024

Norquest Brands Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.93 M
  • Company Age 30 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 13.95 Cr
  • Satisfied Charges ₹ 13.23 Cr
  • Revenue Growth 61.31%
  • Profit Growth 7.65%
  • Ebitda 21.09%
  • Net Worth 17.36%
  • Total Assets 86.51%

About Norquest Brands

Norquest Brands Pvt Ltd (NBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 April 1994 and has a history of 30 years and ten months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Home & Lifestyle 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 0.93 M.

The company currently has active open charges totaling ₹13.95 Cr. The company has closed loans amounting to ₹13.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjiv Sood, Romen Sood, and Udit Sood serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    norquestbrands.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51909GJ1994PTC021813

  • Company No.

    021813

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 1994

  • Date of AGM

    12 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Home & Lifestyle
Manufacturing

What products or services does Norquest Brands Pvt Ltd offer?

Norquest Brands Pvt Ltd offers a wide range of products and services, including Carry Bags and Multiutility Bags & Pouches, Grooming Bag & Cases, Cotton, Jute & Canvas Bags, Environmental Bags, Cotton Bags, Bags, Corporate & Business Gifts, Promotional Bags, School Bags, Fashion & Designer Bags.

Who are the key members and board of directors at Norquest Brands?

Executive Team (1)

NameDesignationAppointment DateStatus
Sanjiv Sood Country flag representing In Managing Director15-Apr-1994Current

Board Members (2)

NameDesignationAppointment DateStatus
Romen Sood Country flag representing In Whole-Time Director 01-Feb-2019Current
Udit Sood Country flag representing In Whole-Time Director 31-Jul-2018Current

Financial Performance of Norquest Brands.

Norquest Brands Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 61.31% increase. The company also saw a slight improvement in profitability, with a 7.65% increase in profit. The company's net worth Soared by an impressive increase of 17.36%.

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
61.31%
Revenue from Operations
59.64%
Total Assets
86.51%
Profit or Loss
7.65%
Net Worth
17.36%
EBITDA
21.09%

What is the Ownership and Shareholding Structure of Norquest Brands?

In 2022, Norquest Brands had a public holding of 0.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹13.95 Cr

Satisfied Charges

₹13.23 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.95 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 2022Others₹8.00 MOpen
19 May 2022Others₹6.96 MOpen
11 Mar 2022Others₹8.25 CrOpen
21 Dec 2021Others₹4.20 CrOpen
21 Jun 2023Others₹3.00 MSatisfied

How Many Employees Work at Norquest Brands?

Norquest Brands has a workforce of 237 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 Norquest Brands, 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 Norquest Brands'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 Norquest Brands

Recent activity within the organization

  • Annual General Meeting

    Norquest Brands Pvt Ltd last Annual general meeting of members was held on 12 Aug 2024 as per latest MCA records.

    12 Aug 2024

  • Charges

    A charge registered on 17 Jun 2022 via Charge ID 100584904 with Others was fully satisfied on 15 Jul 2024.

    15 Jul 2024

  • Balance Sheet

    Norquest Brands Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 8.25 Cr registered on 11 Mar 2022 with Charge ID 100544241 was modified on 28 Mar 2024.

    28 Mar 2024

  • Charges

    A charge registered on 25 Nov 2021 via Charge ID 100520308 with Others was fully satisfied on 15 Feb 2024.

    15 Feb 2024

  • Charges

    A charge registered on 21 Jun 2023 via Charge ID 100738932 with Others was fully satisfied on 29 Jan 2024.

    29 Jan 2024

Frequently asked questions

  • Norquest Brands Pvt Ltd was incorporated on 15 Apr 1994.

  • The authorized share capital of Norquest Brands Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 0.93 M.

  • Currently 3 directors are associated with Norquest Brands Pvt Ltd.

    • Sanjiv Satindernath Sood
    • Romen Satindernath Sood
    • Udit Sanjiv Sood
  • As per Ministry of Corporate Affairs (Mca), the registered address of Norquest Brands Pvt Ltd is A/3 A/4 Mohan Estate Opp. Anupam Theatre Khokhra, India, Ahmedabad, Gujarat, 380008.

  • The corporate identification number (CIN) of Norquest Brands Pvt Ltd is U51909GJ1994PTC021813 and the company number is 021813 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Norquest Brands Pvt Ltd is https://www.norquestbrands.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Norquest Brands Pvt Ltd has risen by 61.31%.

  • As Per 2022 financial reports, 237 employees are currently employed by Norquest Brands Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Norquest Brands Pvt Ltd has experienced an upsurge of 17.36%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Norquest Brands Pvt Ltd amount to ₹ 13.95 Cr.

  • The most recent Balance Sheet for Norquest Brands Pvt Ltd was filed with the ROC on 31 Mar 2024.

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