North East Region Finservices Limited

Provides individual loans for agriculture, business, and personal use in North East India.

2002 | Imphal West, Manipur (India) | Active
Last Updated:

North East Region Finservices Profile

Key Indicators

  • Authorised Capital ₹ 80.00 Cr
  • Paid Up Capital ₹ 67.70 Cr
  • Company Age 22 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 517.41 Cr
  • Satisfied Charges ₹ 32.50 Cr
  • Revenue Growth -50.45%
  • Profit Growth 43.78%
  • Ebitda -89.23%
  • Net Worth -34.27%
  • Total Assets -0.00%

About North East Region Finservices

North East Region Finservices Limited (NERFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 November 2002 and has a history of 22 years and four months. Its registered office is in Imphal West, Manipur, India.

The Corporate was formerly known as North East Relion Finservices Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 80.00 Cr and a paid-up capital of Rs 67.70 Cr.

The company currently has active open charges totaling ₹517.41 Cr. The company has closed loans amounting to ₹32.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at North East Region Finservices Limited India is Leishiso Ragui as CFO. Ram Lal, James Lalrongbawl, Lal Remsiem, and Six other members serve as directors at the Company.

Company Details

  • Location

    Imphal West, Manipur, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921MN2002PLC008241

  • Company No.

    008241

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 2002

  • Date of AGM

    29 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Financial Services

Who are the key members and board of directors at North East Region Finservices?

Executive Team (2)

NameDesignationAppointment DateStatus
James Lalrongbawl Country flag representing In Managing Director04-Mar-2020Current
Leishiso Ragui CFO01-Jun-2017Current

Board Members (8)

NameDesignationAppointment DateStatus
Ram Lal Country flag representing In Director 01-Jan-2004Current
Lal Remsiem Country flag representing In Director 06-Nov-2002Current
Esther Hmar Country flag representing In Director 31-Mar-2014Current
Lalliensung Amaw Country flag representing In Director 01-Sep-2016Current
Gopal Kar Country flag representing In Nominee Director 11-May-2017Current
Lalzar Sinate Country flag representing In Director 31-Mar-2014Current

Financial Performance of North East Region Finservices.

North East Region Finservices Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 50.45% decrease. The company also saw a substantial improvement in profitability, with a 43.78% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.27%.

North East Region Finservices revenue growth over time
North East Region Finservices 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
-50.45%
Revenue from Operations
-56.42%
Total Assets
-0.00%
Profit or Loss
43.78%
Net Worth
-34.27%
EBITDA
-89.23%

What is the Ownership and Shareholding Structure of North East Region Finservices?

In 2018, North East Region Finservices had a promoter holding of 46.46% and a public holding of 53.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹517.41 Cr

Satisfied Charges

₹32.50 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 137.00 Cr
  • Canara Bank : 79.95 Cr
  • Union Bank Of India : 56.68 Cr
  • Central Bank Of India : 40.00 Cr
  • Uco Bank : 27.14 Cr
  • Others : 176.63 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2015Canara Bank₹29.95 CrOpen
26 Mar 2015Bank Of Baroda₹3.40 CrOpen
31 Jan 2015Corporation Bank₹5.00 MOpen
26 Feb 2014The South Indian Bank Limited₹11.50 CrOpen
21 Feb 2014Canara Bank₹10.00 CrOpen

How Many Employees Work at North East Region Finservices?

North East Region Finservices has a workforce of 0 employees as of Apr 09, 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.

Employee growth trends for North East Region Finservices Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of North East Region Finservices, 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 North East Region Finservices'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 North East Region Finservices

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 15.00 Cr registered on 01 Mar 2013 with Charge ID 10408129 was modified on 28 Feb 2024.

  • Director Appointment

    James Keishing Lalrongbawl was appointed as a Managing Director was appointed as a Managing Director on 04 Mar 2020 & has been associated with this company since 5 years 6 days .

  • Annual General Meeting

    North East Region Finservices Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.

  • Balance Sheet

    North East Region Finservices Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Shillong.

  • Director Appointment

    Leishiso K Ragui was appointed as a Cfo was appointed as a Cfo on 01 Jun 2017 & has been associated with this company since 7 years 9 months .

  • Director Appointment

    Gopal Krishna Kar was appointed as a Nominee Director was appointed as a Nominee Director on 11 May 2017 & has been associated with this company since 7 years 9 months .

Frequently asked questions

  • What is the Incorporation or founding date of North East Region Finservices Limited?

    North East Region Finservices Limited was incorporated on 06 Nov 2002.

  • What is authorized share capital and paid-up capital of North East Region Finservices Limited?

    The authorized share capital of North East Region Finservices Limited is ₹ 80.00 Cr and paid-up capital is ₹ 67.70 Cr.

  • Who are the current board members & directors of North East Region Finservices Limited?

    Currently 10 directors are associated with North East Region Finservices Limited.

    • Ram Keshari Lal
    • James Keishing Lalrongbawl
    • Lal Remsiem
    • Esther Jenny Hmar
    • Lalliensung Amaw
    • Leishiso K Ragui
    • Gopal Krishna Kar
    • Lalzar Banzang Sinate
    • Abel Darkhopui Hmar
    • Keishing Ashang Vivian

  • What is the registered address of North East Region Finservices Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of North East Region Finservices Limited is Jim Blessing Home Ground Floor Sangaiprou Mamang Leikai, Airport Road India, Imphal, Manipur, 795001.

  • What is the corporate identification number (CIN) and company number of North East Region Finservices Limited?

    The corporate identification number (CIN) of North East Region Finservices Limited is U65921MN2002PLC008241 and the company number is 008241 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of North East Region Finservices Limited?

    The Official website of North East Region Finservices Limited is https://www.nerefs.co.in

  • What has been the recent revenue trend for North East Region Finservices Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for North East Region Finservices Limited has fallen by -50.45%.

  • What change has been observed in the net worth of North East Region Finservices Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of North East Region Finservices Limited has experienced an downturn of -34.27%.

  • What are the total open charges for North East Region Finservices Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for North East Region Finservices Limited amount to ₹ 517.41 Cr.

  • When was the last Balance Sheet of North East Region Finservices Limited filed with the ROC?

    The most recent Balance Sheet for North East Region Finservices Limited was filed with the ROC on 31 Mar 2018.

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