The New Piece Goods Bazar Company Limited

Manages Sheth Mooljee Jaitha cloth market and other buildings in Mumbai.

1871 | Mumbai, Maharashtra (India) | Active
Last Updated: December 21, 2024

The New Piece Goods Bazar Company Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.72 M
  • Company Age 153 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.50 M
  • Revenue Growth 2.55%
  • Profit Growth 41.07%
  • Ebitda 1360.15%
  • Net Worth -19.74%
  • Total Assets -9.31%

About The New Piece Goods Bazar Company

The New Piece Goods Bazar Company Limited (TNPGBCL) was founded in India on 20 July 1871 and has a glorious history of 153 years and six months.Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 9.72 M.

The company currently has active open charges totaling ₹0.50 M.

Manish Jaitha, Mahesh Shah, Rameshkumar Jain, and Twelve other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U70101MH1871PTC000004

  • Company No.

    000004

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jul 1871

  • Date of AGM

    19 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services

Who are the key members and board of directors at The New Piece Goods Bazar Company?

Board Members (15)

NameDesignationAppointment DateStatus
Manish Jaitha Country flag representing In Director 23-Oct-2020Current
Mahesh Shah Country flag representing In Director 10-Sep-2015Current
Rameshkumar Jain Country flag representing In Director 29-Sep-2007Current
Kartik Mody Country flag representing In Director 18-Jan-2024Current
Praveenkumar Jain Country flag representing In Director 04-Nov-2022Current
Meena Shah Country flag representing In Director 15-Apr-2017Current

Financial Performance of The New Piece Goods Bazar Company.

The New Piece Goods Bazar Company Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 2.55% increase. The company also saw a substantial improvement in profitability, with a 41.07% increase in profit. The company's net worth observed a substantial decline by a decrease of 19.74%.

Graph illustrating revenue growth over time
Graph showing 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
2.55%
Revenue from Operations
53.72%
Total Assets
-9.31%
Profit or Loss
41.07%
Net Worth
-19.74%
EBITDA
1360.15%

What is the Ownership and Shareholding Structure of The New Piece Goods Bazar Company?

In 2021, The New Piece Goods Bazar Company had a public holding of 99.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.05 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of India : 0.05 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2020Bank Of India₹0.50 MOpen

How Many Employees Work at The New Piece Goods Bazar Company?

Unlock and access historical data on people associated with The New Piece Goods Bazar Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The New Piece Goods Bazar 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 Piece Goods Bazar 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 Piece Goods Bazar Company

Recent activity within the organization

  • Annual General Meeting

    The New Piece Goods Bazar Company Limited last Annual general meeting of members was held on 19 Sep 2024 as per latest MCA records.

    19 Sep 2024

  • Balance Sheet

    The New Piece Goods Bazar Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Kartik Nayan Mody was appointed as a Director was appointed as a Director on 18 Jan 2024 & has been associated with this company since 1 year 13 days .

    18 Jan 2024

  • Director Appointment

    Praveenkumar Chhajuram Jain was appointed as a Director was appointed as a Director on 04 Nov 2022 & has been associated with this company since 2 years 2 months .

    04 Nov 2022

  • Charges

    A charge with Bank Of India amounted to Rs. 0.05 Cr with Charge ID 100393558 was registered on 01 Dec 2020.

    01 Dec 2020

  • Director Appointment

    Manish Rajnikant Jaitha was appointed as a Director was appointed as a Director on 23 Oct 2020 & has been associated with this company since 4 years 3 months .

    23 Oct 2020

Frequently asked questions

  • The New Piece Goods Bazar Company Limited was incorporated on 20 Jul 1871.

  • The authorized share capital of The New Piece Goods Bazar Company Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.72 M.

  • Currently 15 directors are associated with The New Piece Goods Bazar Company Limited.

    • Manish Rajnikant Jaitha
    • Mahesh Jayantilal Shah
    • Rameshkumar Heerachand Jain
    • Kartik Nayan Mody
    • Praveenkumar Chhajuram Jain
    • Meena Deven Shah
    • Cherag Sarosh Balsara
    • Bharat Ramniklal Karia
    • Shiv Shankar Indermal Bansal
    • Deven Mahendra Shah
    • Mukesh Dhirajlal Desai
    • Sanjay Krishnakant Jaitha
    • Preeti Paresh Shah
    • Hasmukhlal Jamnadas Badani
    • Nilesh Vinodrai Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of The New Piece Goods Bazar Company Limited is 51/53 L.K. Chawl Ground Floor Room No. 1 2 3 1St Ganeshwadi, Near M.J. Market India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of The New Piece Goods Bazar Company Limited is U70101MH1871PTC000004 and the company number is 000004 as per Ministry of Corporate Affairs (MCA).

  • The Official website of The New Piece Goods Bazar Company Limited is https://www.thenewpiecegoodsbazar.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for The New Piece Goods Bazar Company Limited has risen by 2.55%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of The New Piece Goods Bazar Company Limited has experienced an downturn of -19.74%.

  • As per the financial statements for fiscal Year 2022, The total open charges for The New Piece Goods Bazar Company Limited amount to ₹ 0.50 M.

  • The most recent Balance Sheet for The New Piece Goods Bazar Company Limited was filed with the ROC on 31 Mar 2024.

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