The New Akot Cotton Ginning And Pressing Company Limited

Provides plate kata services since 1903 in Akot, Maharashtra.

1903 | Akola, Maharashtra (India) | Active
Last Updated:

The New Akot Cotton Ginning And Pressing Company Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 1.38 M
  • Company Age 121 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.18 M
  • Satisfied Charges ₹ 3.10 M
  • Revenue Growth 500.53%
  • Profit Growth 116.19%
  • Ebitda -28.90%
  • Net Worth 3.11%
  • Total Assets 81.11%

About The New Akot Cotton Ginning And Pressing Company

The New Akot Cotton Ginning And Pressing Company Limited (TNACGAPCL) was founded in India on 10 August 1903 and has a glorious history of 121 years and six months.Its registered office is in Akola, Maharashtra, India.

The Company is engaged in the Business Services 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 6.00 M and a paid-up capital of Rs 1.38 M.

The company currently has active open charges totaling ₹9.18 M. The company has closed loans amounting to ₹3.10 M, as per Ministry of Corporate Affairs (MCA) records.

Subhash Gore, Rahul Digamber, Narendra Joat, and Two other members serve as directors at the Company.

Company Details

  • Location

    Akola, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U10405MH1903PLC010247

  • Company No.

    010247

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Aug 1903

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Business Services

Who are the key members and board of directors at The New Akot Cotton Ginning And Pressing Company?

Executive Team (1)

NameDesignationAppointment DateStatus
Narendra Joat Country flag representing In Managing Director03-May-2008Current

Board Members (4)

NameDesignationAppointment DateStatus
Subhash Gore Country flag representing In Additional Director 24-Jun-2024Current
Rahul Digamber Country flag representing In Director 29-Mar-2007Current
Shardul Dingambar Country flag representing In Director 05-Sep-2006Current
Rajendra Digamber Country flag representing In Director 03-May-2008Current

Financial Performance of The New Akot Cotton Ginning And Pressing Company.

The New Akot Cotton Ginning And Pressing Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 500.53% increase. The company also saw a substantial improvement in profitability, with a 116.19% increase in profit. The company's net worth moved up by a moderate rise of 3.11%.

The New Akot Cotton Ginning And Pressing Company revenue growth over time
The New Akot Cotton Ginning And Pressing Company 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
500.53%
Revenue from Operations
-100.00%
Total Assets
81.11%
Profit or Loss
116.19%
Net Worth
3.11%
EBITDA
-28.90%

What is the Ownership and Shareholding Structure of The New Akot Cotton Ginning And Pressing Company?

In 2022, The New Akot Cotton Ginning And Pressing Company had a promoter holding of 4.46% and a public holding of 95.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.18 M

Satisfied Charges

₹3.10 M

Charges Breakdown by Lending Institutions

  • The Akola Urban Co-Operative Bank Ltd : 0.65 Cr
  • Others : 0.22 Cr
  • State Bank Of India : 0.04 Cr
  • Maharastra State Finance Corporation : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2020Others₹2.20 MOpen
19 Nov 2008The Akola Urban Co-Operative Bank Ltd₹1.50 MOpen
19 Nov 2008The Akola Urban Co-Operative Bank Ltd₹5.00 MOpen
11 Jan 1996State Bank Of India₹0.15 MOpen
13 Mar 1993State Bank Of India₹0.05 MOpen

How Many Employees Work at The New Akot Cotton Ginning And Pressing Company?

Unlock and access historical data on people associated with The New Akot Cotton Ginning And Pressing Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for The New Akot Cotton Ginning And Pressing Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The New Akot Cotton Ginning And Pressing 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 The New Akot Cotton Ginning And Pressing 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 The New Akot Cotton Ginning And Pressing Company

Recent activity within the organization

  • Director Appointment

    Subhash Shashikant Gore was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2024 & has been associated with this company since 8 months 13 days .

  • Annual General Meeting

    The New Akot Cotton Ginning And Pressing Company Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    The New Akot Cotton Ginning And Pressing Company Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 2.20 M with Charge ID 100384702 was registered on 21 Sep 2020.

  • Charges

    A charge with The Akola Urban Co-Operative Bank Ltd amounted to Rs. 1.50 M with Charge ID 10136905 was registered on 19 Nov 2008.

  • Charges

    A charge with The Akola Urban Co-Operative Bank Ltd amounted to Rs. 5.00 M with Charge ID 10136906 was registered on 19 Nov 2008.

Frequently asked questions

  • What is the Incorporation or founding date of The New Akot Cotton Ginning And Pressing Company Limited?

    The New Akot Cotton Ginning And Pressing Company Limited was incorporated on 10 Aug 1903.

  • What is authorized share capital and paid-up capital of The New Akot Cotton Ginning And Pressing Company Limited?

    The authorized share capital of The New Akot Cotton Ginning And Pressing Company Limited is ₹ 6.00 M and paid-up capital is ₹ 1.38 M.

  • Who are the current board members & directors of The New Akot Cotton Ginning And Pressing Company Limited?

    Currently 5 directors are associated with The New Akot Cotton Ginning And Pressing Company Limited.

    • Subhash Shashikant Gore
    • Rahul Deorao Digamber
    • Narendra Vasantrao Joat
    • Shardul Anant Dingambar
    • Rajendra Ballal Digamber

  • What is the registered address of The New Akot Cotton Ginning And Pressing Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The New Akot Cotton Ginning And Pressing Company Limited is Akola Road India, Akot, Maharashtra, 444101.

  • What is the corporate identification number (CIN) and company number of The New Akot Cotton Ginning And Pressing Company Limited?

    The corporate identification number (CIN) of The New Akot Cotton Ginning And Pressing Company Limited is U10405MH1903PLC010247 and the company number is 010247 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for The New Akot Cotton Ginning And Pressing Company Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for The New Akot Cotton Ginning And Pressing Company Limited has risen by 500.53%.

  • What change has been observed in the net worth of The New Akot Cotton Ginning And Pressing Company Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of The New Akot Cotton Ginning And Pressing Company Limited has experienced an upsurge of 3.11%.

  • What are the total open charges for The New Akot Cotton Ginning And Pressing Company Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for The New Akot Cotton Ginning And Pressing Company Limited amount to ₹ 9.18 M.

  • When was the last Balance Sheet of The New Akot Cotton Ginning And Pressing Company Limited filed with the ROC?

    The most recent Balance Sheet for The New Akot Cotton Ginning And Pressing Company Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Business Support Services