North East Region Finservices Profile
Key Indicators
- Authorised Capital ₹ 80.00 Cr
- Paid Up Capital ₹ 67.70 Cr
- Company Age 22 Year, 2 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 two 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
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Location
Imphal West, Manipur, 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
U65921MN2002PLC008241
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Company No.
008241
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
06 Nov 2002
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Date of AGM
29 Sep 2018
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Date of Balance Sheet
31 Mar 2018
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Listing Status
Unlisted
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ROC Code
Roc Shillong
Industry
Who are the key members and board of directors at North East Region Finservices?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
James Lalrongbawl
|
Managing Director | 04-Mar-2020 | Current |
| Leishiso Ragui | CFO | 01-Jun-2017 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ram Lal
|
Director | 01-Jan-2004 | Current |
|
Lal Remsiem
|
Director | 06-Nov-2002 | Current |
|
Esther Hmar
|
Director | 31-Mar-2014 | Current |
|
Lalliensung Amaw
|
Director | 01-Sep-2016 | Current |
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Gopal Kar
|
Nominee Director | 11-May-2017 | Current |
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Lalzar Sinate
|
Director | 31-Mar-2014 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Hill Paradise International Hotels LimitedRam Lal, Lal Remsiem and 2 more are mutual person
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North East Region Housing Finance Company Limited
Ram Lal, James Lalrongbawl and 3 more are mutual person
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Asian Bulls Construction And Developers Limited
Lal Remsiem and Keishing Vivian are mutual person
Charges (Loans)
₹517.41 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2015 | Canara Bank | ₹29.95 Cr | Open |
| 26 Mar 2015 | Bank Of Baroda | ₹3.40 Cr | Open |
| 31 Jan 2015 | Corporation Bank | ₹5.00 M | Open |
| 26 Feb 2014 | The South Indian Bank Limited | ₹11.50 Cr | Open |
| 21 Feb 2014 | Canara Bank | ₹10.00 Cr | Open |
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.
Deals i
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
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
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