The New Glencoe Tea Company Limited

Tea manufacturing, growing, and trading since 1958 in West Bengal.

1958 | Kolkata, West Bengal (India) | Active
Last Updated:

The New Glencoe Tea Company Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.90 Cr
  • Company Age 66 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • 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 11 months. Its registered office is in Kolkata, 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 2024. 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, Shiw Kumar, and Balkishan Saria serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15491WB1958PLC023772

  • Company No.

    023772

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Mar 1958

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Agriculture
Company report

The New Glencoe Tea Company Limited

Explore comprehensive data for The New Glencoe Tea Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at The New Glencoe Tea Company?

Board Members (3)

NameDesignationAppointment DateStatus
Pawan Saria Country flag representing In Director 04-Jul-2022Current
Shiw Kumar Country flag representing In Director 10-Nov-1986Current
Balkishan Saria Country flag representing In Director 10-Nov-1986Current

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%.

The New Glencoe Tea Company revenue growth over time
The New Glencoe Tea 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
-11.83%
Revenue from Operations
-13.15%
Total Assets
0.63%
Profit or Loss
-71.74%
Net Worth
-100.80%
EBITDA
-95.40%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.09 Cr

Satisfied Charges

₹4.89 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
13 Mar 2017State Bank Of India₹0.88 MOpen
04 Jul 2008United Bank Of India₹2.32 CrSatisfied
19 Feb 2002United Bank Of India₹2.57 CrSatisfied

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.

Employee growth trends for The New Glencoe Tea Company Limited

Deals i

Graph showing company valuation over time

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

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 Glencoe Tea Company

Recent activity within the organization

  • Annual General Meeting

    The New Glencoe Tea Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    The New Glencoe Tea Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Director Appointment

    Pawan Saria was appointed as a Director was appointed as a Director on 04 Jul 2022 & has been associated with this company since 2 years 8 months .

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.09 Cr with Charge ID 100089186 was registered on 13 Mar 2017.

  • Charges

    A charge registered on 04 Jul 2008 via Charge ID 10113245 with United Bank Of India was fully satisfied on 30 Dec 2010.

  • Charges

    A charge registered on 19 Feb 2002 via Charge ID 80061760 with United Bank Of India was fully satisfied on 30 Dec 2010.

Frequently asked questions

  • What is the Incorporation or founding date of The New Glencoe Tea Company Limited?

    The New Glencoe Tea Company Limited was incorporated on 20 Mar 1958.

  • What is authorized share capital and paid-up capital of The New Glencoe Tea Company Limited?

    The authorized share capital of The New Glencoe Tea Company Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.90 Cr.

  • Who are the current board members & directors of The New Glencoe Tea Company Limited?

    Currently 3 directors are associated with The New Glencoe Tea Company Limited.

    • Pawan Saria
    • Shiw Saria Kumar
    • Balkishan Saria

  • What is the registered address of The New Glencoe Tea Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The New Glencoe Tea Company Limited is 17 Ganesh Chandra Avenue, India, Calcutta, West Bengal, 700013.

  • What is the corporate identification number (CIN) and company number of The New Glencoe Tea Company Limited?

    The corporate identification number (CIN) of The New Glencoe Tea Company Limited is U15491WB1958PLC023772 and the company number is 023772 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for The New Glencoe Tea Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for The New Glencoe Tea Company Limited has fallen by -11.83%.

  • How many employees does The New Glencoe Tea Company Limited currently have?

    As Per 2023 financial reports, 622 employees are currently employed by The New Glencoe Tea Company Limited.

  • What change has been observed in the net worth of The New Glencoe Tea Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of The New Glencoe Tea Company Limited has experienced an downturn of -100.80%.

  • What are the total open charges for The New Glencoe Tea Company Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for The New Glencoe Tea Company Limited amount to ₹ 0.88 M.

  • When was the last Balance Sheet of The New Glencoe Tea Company Limited filed with the ROC?

    The most recent Balance Sheet for The New Glencoe Tea Company Limited was filed with the ROC on 31 Mar 2024.

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