Northern Electric Cables Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.10 M
- Company Age 17 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.95 Cr
- Satisfied Charges ₹ 1.10 M
- Revenue Growth 13.65%
- Profit Growth 21.46%
- Ebitda -33.20%
- Net Worth 13.62%
- Total Assets 3.97%
About Northern Electric Cables
Northern Electric Cables Private Limited (NECPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 March 2007 and has a history of 17 years and 11 months. Its registered office is in Delhi, India.
The Company is engaged in the Consumer Electronics & Durables 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 1.00 Cr and a paid-up capital of Rs 7.10 M.
The company currently has active open charges totaling ₹20.95 Cr. The company has closed loans amounting to ₹1.10 M, as per Ministry of Corporate Affairs (MCA) records.
Ginni Maggo, Kapil Maggo, and Amit Maggo serve as directors at the Company.
Company Details
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U31909DL2007PTC160639
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Company No.
160639
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
16 Mar 2007
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
What products or services does Northern Electric Cables Private Limited offer?
Northern Electric Cables Private Limited offers a wide range of products and services, including Electrical Cables & Wires, Submersible Cables, Adaptors, Plugs & Sockets, Extension Board, RCCB, Legrand RCCB, Telecom Cable, Telephone Cables, MCB, Legrand MCB.
Who are the key members and board of directors at Northern Electric Cables?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ginni Maggo
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Director | 16-Mar-2007 | Current |
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Kapil Maggo
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Director | 16-Mar-2007 | Current |
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Amit Maggo
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Director | 16-Mar-2007 | Current |
Financial Performance of Northern Electric Cables.
Northern Electric Cables Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.65% increase. The company also saw a substantial improvement in profitability, with a 21.46% increase in profit. The company's net worth Soared by an impressive increase of 13.62%.
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What is the Ownership and Shareholding Structure of Northern Electric Cables?
In 2022, Northern Electric Cables had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹20.95 Cr
₹0.11 Cr
Charges Breakdown by Lending Institutions
- Others : 20.18 Cr
- Hdfc Bank Limited : 0.33 Cr
- Axis Bank Limited : 0.30 Cr
- Central Bank Of India : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jun 2024 | Axis Bank Limited | ₹3.00 M | Open |
| 09 Mar 2023 | Hdfc Bank Limited | ₹1.31 M | Open |
| 04 Jan 2023 | Hdfc Bank Limited | ₹2.00 M | Open |
| 30 Dec 2021 | Others | ₹1.18 Cr | Open |
| 14 Jul 2020 | Others | ₹2.00 Cr | Open |
How Many Employees Work at Northern Electric Cables?
Unlock and access historical data on people associated with Northern Electric Cables, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Northern Electric Cables, 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 Northern Electric Cables'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
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.