North East Region Housing Finance Company Limited

Provides housing and financial services in North East India.

2006 | Aizawl, Mizoram (India) | Active
Last Updated:

North East Region Housing Finance Company Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.67 Cr
  • Company Age 18 Year, 10 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 93.14 Cr
  • Revenue Growth -11.32%
  • Profit Growth 12.06%
  • Ebitda 64.34%
  • Net Worth -14.88%
  • Total Assets 2.98%

About North East Region Housing Finance Company

North East Region Housing Finance Company Limited (NERHFCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 April 2006 and has a history of 18 years and ten months. Its registered office is in Aizawl, Mizoram, India.

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 20.00 Cr and a paid-up capital of Rs 13.67 Cr.

The company currently has active open charges totaling ₹93.14 Cr.

Ram Lal, James Lalrongbawl, Abel Hmar, and Two other members serve as directors at the Company.

Company Details

  • Location

    Aizawl, Mizoram, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nerhofic.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65922MZ2006PLC008256

  • Company No.

    008256

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2006

  • Date of AGM

    28 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 Housing Finance Company?

Executive Team (1)

NameDesignationAppointment DateStatus
James Lalrongbawl Country flag representing In Managing Director14-Mar-2020Current

Financial Performance of North East Region Housing Finance Company.

North East Region Housing Finance Company Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 11.32% decrease. The company also saw a substantial improvement in profitability, with a 12.06% increase in profit. The company's net worth observed a substantial decline by a decrease of 14.88%.

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
-11.32%
Revenue from Operations
-10.90%
Total Assets
2.98%
Profit or Loss
12.06%
Net Worth
-14.88%
EBITDA
64.34%

What is the Ownership and Shareholding Structure of North East Region Housing Finance Company?

In 2018, North East Region Housing Finance Company had a promoter holding of 31.43% and a public holding of 68.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹93.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Union Bank Of India : 20.64 Cr
  • Punjab National Bank : 20.00 Cr
  • Central Bank Of India : 20.00 Cr
  • Canara Bank : 20.00 Cr
  • Vijaya Bank : 7.50 Cr
  • Others : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
15 Sep 2015Union Bank Of India₹2.29 MOpen
15 Sep 2015Union Bank Of India₹4.08 MOpen
28 Nov 2013Union Bank Of India₹20.00 CrOpen
28 Nov 2013Vijaya Bank₹7.50 CrOpen
06 Jun 2013Canara Bank₹20.00 CrOpen

How Many Employees Work at North East Region Housing Finance Company?

Unlock and access historical data on people associated with North East Region Housing Finance Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of North East Region Housing Finance Company, 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 Housing Finance Company'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 Housing Finance Company

Recent activity within the organization

  • Director Appointment

    James Keishing Lalrongbawl was appointed as a Managing Director was appointed as a Managing Director on 14 Mar 2020 & has been associated with this company since 4 years 11 months .

    14 Mar 2020

  • Annual General Meeting

    North East Region Housing Finance Company Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

    28 Sep 2018

  • Balance Sheet

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

    31 Mar 2018

  • Charges

    A charge with Union Bank Of India amounted to Rs. 0.23 Cr with Charge ID 10618037 was registered on 15 Sep 2015.

    15 Sep 2015

  • Charges

    A charge with Union Bank Of India amounted to Rs. 0.41 Cr with Charge ID 10618040 was registered on 15 Sep 2015.

    15 Sep 2015

  • Charges

    A charge with Union Bank Of India amounted to Rs. 20.00 Cr with Charge ID 10463341 was registered on 28 Nov 2013.

    28 Nov 2013

Frequently asked questions

  • What is the Incorporation or founding date of North East Region Housing Finance Company Limited?

    North East Region Housing Finance Company Limited was incorporated on 03 Apr 2006.

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

    The authorized share capital of North East Region Housing Finance Company Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.67 Cr.

  • Who are the current board members & directors of North East Region Housing Finance Company Limited?

    Currently 5 directors are associated with North East Region Housing Finance Company Limited.

    • Ram Keshari Lal
    • James Keishing Lalrongbawl
    • Abel Darkhopui Hmar
    • Keishing Ashang Vivian
    • Lal Remsiem
  • What is the registered address of North East Region Housing Finance Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of North East Region Housing Finance Company Limited is House No. D 64(E) 2Nd Back Side Building Republic Road Sikulpuikawn Mission Ven G, India, Aizawl, Mizoram, 796005.

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

    The corporate identification number (CIN) of North East Region Housing Finance Company Limited is U65922MZ2006PLC008256 and the company number is 008256 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of North East Region Housing Finance Company Limited?

    The Official website of North East Region Housing Finance Company Limited is https://www.nerhofic.co.in

  • What has been the recent revenue trend for North East Region Housing Finance Company Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for North East Region Housing Finance Company Limited has fallen by -11.32%.

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

    The financial reports for the fiscal year 2018 indicates that The net worth of North East Region Housing Finance Company Limited has experienced an downturn of -14.88%.

  • What are the total open charges for North East Region Housing Finance Company Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for North East Region Housing Finance Company Limited amount to ₹ 93.14 Cr.

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

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

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