The New Glencoe Tea Company Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 4.90 Cr
- Company Age 66 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 0.88 M
- Satisfied Charges ₹ 4.89 Cr
- Revenue Growth -11.83%
- Profit Growth -71.74%
- Ebitda -95.40%
- Net Worth -100.80%
- Total Assets 0.63%
About The New Glencoe Tea Company
The New Glencoe Tea Company Limited (TNGTCL) was founded in India on 20 March 1958 and has a glorious history of 66 years and ten months. Its registered office is in Calcutta, West Bengal, India.
The Company is engaged in the Agriculture 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 5.00 Cr and a paid-up capital of Rs 4.90 Cr.
The company currently has active open charges totaling ₹0.88 M. The company has closed loans amounting to ₹4.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pawan Saria, Balkishan Saria, and Shiw Kumar serve as directors at the Company.
Company Details
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Location
Calcutta, West Bengal, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U15491WB1958PLC023772
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Company No.
023772
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
20 Mar 1958
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kolkata
Industry
Who are the key members and board of directors at The New Glencoe Tea Company?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pawan Saria
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Director | 04-Jul-2022 | Current |
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Balkishan Saria
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Director | 10-Nov-1986 | Current |
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Shiw Kumar
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Director | 10-Nov-1986 | Current |
Financial Performance of The New Glencoe Tea Company.
The New Glencoe Tea Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.83% decrease. The company also saw a substantial fall in profitability, with a 71.74% decrease in profit. The company's net worth observed a substantial decline by a decrease of 100.8%.
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What is the Ownership and Shareholding Structure of The New Glencoe Tea Company?
In 2023, The New Glencoe Tea Company had a promoter holding of 86.28% and a public holding of 13.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Soongachi Tea Industries Pvt LtdBalkishan Saria and Shiw Kumar are mutual person
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Sona Tea Ltd.Balkishan Saria is a mutual person
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Gopaldhara Epom Private Limited
Balkishan Saria is a mutual person
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Celica Automobiles Private Limited
Balkishan Saria is a mutual person
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Four Line Films Llp
Shiw Kumar is a mutual person
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Bg Packs Pvt Ltd
Shiw Kumar is a mutual person
Charges (Loans)
₹0.09 Cr
₹4.89 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 0.09 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2017 | State Bank Of India | ₹0.88 M | Open |
| 04 Jul 2008 | United Bank Of India | ₹2.32 Cr | Satisfied |
| 19 Feb 2002 | United Bank Of India | ₹2.57 Cr | Satisfied |
How Many Employees Work at The New Glencoe Tea Company?
The New Glencoe Tea Company has a workforce of 622 employees as of Apr 06, 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 The New Glencoe Tea 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 Glencoe Tea Company'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.
