The New Great Eastern Spinning And Weaving Company Limited

Textile and home decor manufacturing and trading company since 1873.

1873 | Mumbai, Maharashtra (India) | Active
Last Updated:

The New Great Eastern Spinning And Weaving Company Profile

Key Indicators

  • Authorised Capital ₹ 20.08 Cr
  • Paid Up Capital ₹ 16.34 Cr
  • Company Age 151 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 25.86 Cr
  • Revenue Growth -15.85%
  • Profit Growth -110.28%
  • Ebitda -108.89%
  • Net Worth -3.96%
  • Total Assets -3.75%

About The New Great Eastern Spinning And Weaving Company

The New Great Eastern Spinning And Weaving Company Limited (TNGESAWCL) was founded in India on 15 December 1873 and has a glorious history of 151 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods 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 20.08 Cr and a paid-up capital of Rs 16.34 Cr.

The company has closed loans amounting to ₹25.86 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at The New Great Eastern Spinning And Weaving Company Limited India are Nisha Chopra as COMPANY SECRETARY and Krishna Kunwar as Cfo. Anurag Kanoria, Bimalkumar Kanodia, Vinod Lohia, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51100MH1873PLC000015

  • Company No.

    000015

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 1873

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods
Manufacturing
Company report

The New Great Eastern Spinning And Weaving Company Limited

Explore comprehensive data for The New Great Eastern Spinning And Weaving Company Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at The New Great Eastern Spinning And Weaving Company?

Executive Team (2)

NameDesignationAppointment DateStatus
Nisha Chopra Country flag representing In Company Secretary01-Jun-2021Current
Krishna Kunwar CFO19-Oct-2023Current

Board Members (4)

NameDesignationAppointment DateStatus
Anurag Kanoria Country flag representing In Whole-Time Director 23-Sep-2011Current
Bimalkumar Kanodia Country flag representing In Director 28-Sep-2018Current
Vinod Lohia Country flag representing In Whole-Time Director 30-Jun-2023Current
Vineeta Kanoria Country flag representing In Whole-Time Director 30-Sep-2015Current

Financial Performance of The New Great Eastern Spinning And Weaving Company.

The New Great Eastern Spinning And Weaving Company Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 15.85% decrease. The company also saw a substantial fall in profitability, with a 110.28% decrease in profit. The company's net worth dipped by a decrease of 3.96%.

The New Great Eastern Spinning And Weaving Company revenue growth over time
The New Great Eastern Spinning And Weaving 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
-15.85%
Revenue from Operations
-20.58%
Total Assets
-3.75%
Profit or Loss
-110.28%
Net Worth
-3.96%
EBITDA
-108.89%

What is the Ownership and Shareholding Structure of The New Great Eastern Spinning And Weaving Company?

In 2023, The New Great Eastern Spinning And Weaving Company had a promoter holding of 94.37% and a public holding of 5.63%. The company had 1 Subsidiary. 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

Satisfied Charges

₹25.86 Cr

Charges Breakdown by Lending Institutions

  • United Bank Of India; : 8.00 Cr
  • United Bank Of India : 5.80 Cr
  • Dena Bank; : 4.17 Cr
  • Dena Bank; B. M. O.; : 1.81 Cr
  • The Bank Of India Ltd.; : 1.40 Cr
  • Others : 4.68 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 1988The Industrial Credit And₹1.29 MSatisfied
09 Feb 1987Dena Bank₹2.86 MSatisfied
02 Dec 1985United Bank Of India;₹8.00 CrSatisfied
28 Nov 1985Dena Bank₹2.60 MSatisfied
20 May 1985United Bank Of India₹4.80 CrSatisfied

How Many Employees Work at The New Great Eastern Spinning And Weaving Company?

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

Employee growth trends for The New Great Eastern Spinning And Weaving Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The New Great Eastern Spinning And Weaving 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 Great Eastern Spinning And Weaving 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 Great Eastern Spinning And Weaving Company

Recent activity within the organization

  • Annual General Meeting

    The New Great Eastern Spinning And Weaving Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    The New Great Eastern Spinning And Weaving Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Krishna Kumar Kunwar was appointed as a Cfo was appointed as a Cfo on 19 Oct 2023 & has been associated with this company since 1 year 6 months .

  • Director Appointment

    Vinod Jiwanram Lohia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Jun 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Nisha Chopra was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jun 2021 & has been associated with this company since 3 years 11 months .

  • Director Appointment

    Bimalkumar Kanodia was appointed as a Director was appointed as a Director on 28 Sep 2018 & has been associated with this company since 6 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of The New Great Eastern Spinning And Weaving Company Limited?

    The New Great Eastern Spinning And Weaving Company Limited was incorporated on 15 Dec 1873.

  • What is authorized share capital and paid-up capital of The New Great Eastern Spinning And Weaving Company Limited?

    The authorized share capital of The New Great Eastern Spinning And Weaving Company Limited is ₹ 20.08 Cr and paid-up capital is ₹ 16.34 Cr.

  • Who are the current board members & directors of The New Great Eastern Spinning And Weaving Company Limited?

    Currently 6 directors are associated with The New Great Eastern Spinning And Weaving Company Limited.

    • Anurag Kantikumar Kanoria
    • Bimalkumar Kanodia
    • Vinod Jiwanram Lohia
    • Vineeta Arvindkumar Kanoria
    • Nisha Chopra
    • Krishna Kumar Kunwar

  • What is the registered address of The New Great Eastern Spinning And Weaving Company Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of The New Great Eastern Spinning And Weaving Company Limited is 25-29, Dr Ambedkar Road Byculla India, Mumbai, Maharashtra, 400027.

  • What is the corporate identification number (CIN) and company number of The New Great Eastern Spinning And Weaving Company Limited?

    The corporate identification number (CIN) of The New Great Eastern Spinning And Weaving Company Limited is U51100MH1873PLC000015 and the company number is 000015 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of The New Great Eastern Spinning And Weaving Company Limited?

    The Official website of The New Great Eastern Spinning And Weaving Company Limited is https://www.newgreat.in

  • What has been the recent revenue trend for The New Great Eastern Spinning And Weaving Company Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for The New Great Eastern Spinning And Weaving Company Limited has fallen by -15.85%.

  • What change has been observed in the net worth of The New Great Eastern Spinning And Weaving Company Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of The New Great Eastern Spinning And Weaving Company Limited has experienced an downturn of -3.96%.

  • When was the last Balance Sheet of The New Great Eastern Spinning And Weaving Company Limited filed with the ROC?

    The most recent Balance Sheet for The New Great Eastern Spinning And Weaving Company Limited was filed with the ROC on 31 Mar 2024.

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