North Eastern Tubes Ltd

Manufacturer of steel pipes, poles, and towers with a production unit in Assam.

1989 | Guwahati, Assam (India) | Active
Last Updated: June 26, 2024

North Eastern Tubes Profile

Key Indicators

  • Authorised Capital ₹ 1.80 Cr
  • Paid Up Capital ₹ 1.80 Cr
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.90 Cr
  • Satisfied Charges ₹ 16.60 Cr
  • Revenue Growth -1.45%
  • Profit Growth 459.64%
  • Ebitda -0.26%
  • Net Worth 5.70%
  • Total Assets 110.26%

About North Eastern Tubes

North Eastern Tubes Ltd (NETL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 January 1989 and has a history of 36 years and one month. Its registered office is in Guwahati, Assam, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.80 Cr and a paid-up capital of Rs 1.80 Cr.

The company currently has active open charges totaling ₹2.90 Cr. The company has closed loans amounting to ₹16.60 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanwar Agarwala, Amit Agarwal, Subhash Agarwala, and Two other members serve as directors at the Company.

Company Details

  • Location

    Guwahati, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nezonegroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25191AS1989PLC003169

  • Company No.

    003169

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    19 Jan 1989

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Metals and Minerals

Who are the key members and board of directors at North Eastern Tubes?

Board Members (5)

NameDesignationAppointment DateStatus
Amit Agarwal Country flag representing In Director 22-Mar-2004Current
Sanwar Agarwala Country flag representing In Director 01-Sep-1998Current
Subhash Agarwala Country flag representing In Director 01-Sep-1998Current
Ashok Agarwala Country flag representing In Whole-Time Director 01-Sep-1998Current
Madan Beswal Country flag representing In Director 22-Mar-2004Current

Financial Performance of North Eastern Tubes.

North Eastern Tubes Ltd, for the financial year ended 2023, experienced Minor drop in revenue, with a 1.45% decrease. The company also saw a substantial improvement in profitability, with a 459.64% increase in profit. The company's net worth moved up by a moderate rise of 5.7%.

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
-1.45%
Revenue from Operations
-1.41%
Total Assets
110.26%
Profit or Loss
459.64%
Net Worth
5.70%
EBITDA
-0.26%

What is the Ownership and Shareholding Structure of North Eastern Tubes?

In 2023, North Eastern Tubes had a promoter holding of 32.86% and a public holding of 67.14%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.90 Cr

Satisfied Charges

₹16.60 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.90 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 1995State Bank Of India₹2.40 CrOpen
06 Feb 1994State Bank Of India₹2.50 MOpen
05 Feb 1994State Bank Of India₹2.50 MOpen
11 Dec 1995State Bank Of India₹15.50 CrSatisfied
28 Mar 1990Ifci₹1.10 CrSatisfied

How Many Employees Work at North Eastern Tubes?

Unlock and access historical data on people associated with North Eastern Tubes, 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 Eastern Tubes, 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 Eastern Tubes'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 Eastern Tubes

Recent activity within the organization

  • Annual General Meeting

    North Eastern Tubes Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    North Eastern Tubes Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

  • Charges

    A charge registered on 11 Dec 1995 via Charge ID 90266382 with State Bank Of India was fully satisfied on 22 Dec 2016.

    22 Dec 2016

  • Charges

    A charge with State Bank Of India of Rs. 15.50 Cr registered on 11 Dec 1995 with Charge ID 90266382 was modified on 11 Jan 2010.

    11 Jan 2010

  • Charges

    A charge with State Bank Of India of Rs. 0.25 Cr registered on 05 Feb 1994 with Charge ID 90265535 was modified on 30 Nov 2004.

    30 Nov 2004

  • Director Appointment

    Amit Agarwal was appointed as a Director was appointed as a Director on 22 Mar 2004 & has been associated with this company since 20 years 11 months .

    22 Mar 2004

Frequently asked questions

  • North Eastern Tubes Ltd was incorporated on 19 Jan 1989.

  • The authorized share capital of North Eastern Tubes Ltd is ₹ 1.80 Cr and paid-up capital is ₹ 1.80 Cr.

  • Currently 5 directors are associated with North Eastern Tubes Ltd.

    • Sanwar Mal Agarwala
    • Amit Agarwal
    • Subhash Chandra Agarwala
    • Ashok Kumar Agarwala
    • Madan Lal Beswal
  • As per Ministry of Corporate Affairs (Mca), the registered address of North Eastern Tubes Ltd is Dd Tower 5Th Floor Christian Basti G.S.Road, Guwahati, Assam, India, 781005.

  • The corporate identification number (CIN) of North Eastern Tubes Ltd is U25191AS1989PLC003169 and the company number is 003169 as per Ministry of Corporate Affairs (MCA).

  • The Official website of North Eastern Tubes Ltd is https://www.nezonegroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for North Eastern Tubes Ltd has fallen by -1.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of North Eastern Tubes Ltd has experienced an upsurge of 5.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for North Eastern Tubes Ltd amount to ₹ 2.90 Cr.

  • The most recent Balance Sheet for North Eastern Tubes Ltd was filed with the ROC on 31 Mar 2023.

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