Nowelco Industries Private Limited
Manufacturer of metal and metal products, including welding electrodes and rods.
1999 | Raipur, Chattisgarh (India) | Active
Nowelco Industries Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 26 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.19 Cr
- Satisfied Charges ₹ 1.29 Cr
- Revenue Growth 32.86%
- Profit Growth -201.46%
- Ebitda -78.34%
- Net Worth -12.25%
- Total Assets 44.58%
About Nowelco Industries
Nowelco Industries Private Limited (NIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 January 1999 and has a history of 26 years and two months. Its registered office is in Raipur, Chattisgarh, 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 1.50 Cr and a paid-up capital of Rs 1.25 Cr.
The company currently has active open charges totaling ₹2.19 Cr. The company has closed loans amounting to ₹1.29 Cr, as per Ministry of Corporate Affairs (MCA) records.
Prashant Garg, Neelu Garg, and Nitin Garg serve as directors at the Company.
Company Details
- Location
Raipur, Chattisgarh, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29309CT1999PTC013276
- Company No.
013276
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Jan 1999
- Date of AGM
25 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chhattisgarh
Industry
Metals and Minerals
Nowelco Industries Private Limited
Explore comprehensive data for Nowelco Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Nowelco Industries?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prashant Garg  | Director | 23-Aug-2005 | Current |
| Neelu Garg | Director | 25-Sep-2021 | Current |
| Nitin Garg | Director | 22-Feb-2020 | Current |
Financial Performance of Nowelco Industries.
Nowelco Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.86% increase. The company also saw a substantial fall in profitability, with a 201.46% decrease in profit. The company's net worth observed a substantial decline by a decrease of 12.25%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Nowelco Industries?
In 2023, Nowelco Industries had a promoter holding of 92.41% and a public holding of 7.60%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹2.19 Cr
Satisfied Charges
₹1.29 Cr
Charges Breakdown by Lending Institutions
- Others : 2.00 Cr
- Syndicate Bank : 0.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Others | ₹2.00 Cr | Open |
| 26 Jul 2004 | Syndicate Bank | ₹1.90 M | Open |
| 26 Jul 2004 | Others | ₹5.00 M | Satisfied |
| 24 Jun 2000 | Vijaya Bank | ₹3.30 M | Satisfied |
| 18 Dec 1999 | Vijaya Bank | ₹4.60 M | Satisfied |
How Many Employees Work at Nowelco Industries?
Nowelco Industries has a workforce of 9 employees as of Apr 10, 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 Nowelco Industries, 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 Nowelco Industries'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.
Latest Updates, News, and FAQs on Nowelco Industries
Recent activity within the organization
- Charges
A charge with Others of Rs. 2.00 Cr registered on 31 May 2024 with Charge ID 100933620 was modified on 07 Jun 2024.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100933620 was registered on 31 May 2024.
- Charges
A charge registered on 26 Jul 2004 via Charge ID 80056062 with Others was fully satisfied on 01 Feb 2024.
- Annual General Meeting
Nowelco Industries Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
- Balance Sheet
Nowelco Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chhattisgarh.
- Director Appointment
Neelu Prashant Garg was appointed as a Director was appointed as a Director on 25 Sep 2021 & has been associated with this company since 3 years 6 months .
Frequently asked questions
What is the Incorporation or founding date of Nowelco Industries Private Limited?
Nowelco Industries Private Limited was incorporated on 22 Jan 1999.
What is authorized share capital and paid-up capital of Nowelco Industries Private Limited?
The authorized share capital of Nowelco Industries Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.25 Cr.
Who are the current board members & directors of Nowelco Industries Private Limited?
Currently 3 directors are associated with Nowelco Industries Private Limited.
- Prashant Garg
- Neelu Prashant Garg
- Nitin Garg
What is the registered address of Nowelco Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nowelco Industries Private Limited is Tf-32Third Floor Milleniumplaza Oppsite Indian Coffee House G.E. Road, Raipur, Chattisgarh, 492004.
What is the corporate identification number (CIN) and company number of Nowelco Industries Private Limited?
The corporate identification number (CIN) of Nowelco Industries Private Limited is U29309CT1999PTC013276 and the company number is 013276 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Nowelco Industries Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nowelco Industries Private Limited has risen by 32.86%.
How many employees does Nowelco Industries Private Limited currently have?
As Per 2023 financial reports, 9 employees are currently employed by Nowelco Industries Private Limited.
What change has been observed in the net worth of Nowelco Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nowelco Industries Private Limited has experienced an downturn of -12.25%.
What are the total open charges for Nowelco Industries Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nowelco Industries Private Limited amount to ₹ 2.19 Cr.
When was the last Balance Sheet of Nowelco Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Nowelco Industries Private Limited was filed with the ROC on 31 Mar 2023.
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