Neco Heavy Engineering And Castings Private Limited Company Logo

Neco Heavy Engineering And Castings Private Limited - Company Profile

It is a engineering private limited company based in Nagpur, Maharashtra, India, established in 1987.

1987 | Nagpur, Maharashtra, India | Active
Last Updated:

About Neco Heavy Engineering And Castings Private Limited

Neco Heavy Engineering And Castings Private Limited, a active private limited company, was established on 27 November 1987 in Nagpur, Maharashtra, India. Engaging in metal foundry & fabrication services within the manufacturing sector, it holds CIN: U27300MH1987PTC045436. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹3.70 Cr.

Formerly known as Neco Castings Pvt Ltd, Neco Castings Ltd. It upholds a compliant status. Employing 62 professional, Its leadership includes Arvindkumar Jayaswal (Director), Ramesh Jayaswal (Director), Om Patel Prakash (Whole-Time Director). Past directors included Basant Lal Shaw, Awadh Bihari Pandey, Om Patel Prakash. It holds ₹28.82 Cr open charges and ₹41.35 Cr settled loans. Its latest AGM occurred on 26 August 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No.65/2 Nildoh Digdoh Midc Area, Nagpur, Maharashtra, 440016.

Company Details

  • CIN/LLPIN

    U27300MH1987PTC045436

  • Registration Number

    045436

  • Incorporation Date

    27 November 1987

  • Authorized Capital

    ₹5.00 Cr

  • Paid-Up Capital

    ₹3.70 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.70 Cr
  • Company Age 38 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 28.82 Cr
  • Satisfied Charges ₹ 41.35 Cr
  • Revenue Growth 51.73%
  • Profit Growth 112.09%
  • Ebitda 493.95%
  • Net Worth 8.28%
  • Total Assets 3.03%
Company report

Neco Heavy Engineering And Castings Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Neco Heavy Engineering And Castings Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report Banner Element

Who are the key members and board of directors at Neco Heavy Engineering And Castings Private Limited?

Current Directors

NameDesignationAppointment DateStatus
Arvindkumar JayaswalDirector12 Apr 2007Current
Ramesh JayaswalDirector12 Apr 2007Current
Om Patel PrakashWhole-Time Director18 Feb 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector11 Dec 2014Past
Pramod AbcsddDirector01 Jul 2020Past
Pramod AbcsddWhole-Time Director25 Sep 2023Past
Pramod AbcsddDirector10 Apr 2007Past
Pramod AbcsddDirector04 May 2008Past
Pramod AbcsddWhole-Time Director09 May 2009Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Neco Heavy Engineering And Castings.

Neco Heavy Engineering And Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.73% increase. The company also saw a substantial improvement in profitability, with a 112.09% increase in profit. The company's net worth moved up by a moderate rise of 8.28%.

Neco Heavy Engineering And Castings revenue growth over time
Neco Heavy Engineering And Castings 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
51.73%
Revenue from Operations
51.05%
Total Assets
3.03%
Profit or Loss
112.09%
Net Worth
8.28%
EBITDA
493.95%

What is the Ownership and Shareholding Structure of Neco Heavy Engineering And Castings?

In 2023, Neco Heavy Engineering And Castings had a public holding of 42.22%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)

Open Charges

₹288,200,000.00

Satisfied Charges

₹413,484,674.00

Charges Breakdown by Lending Institutions

  • State Bank Of India : 28.13 Cr
  • The State Industrial And Investment Corportionh Of Maharastr : 0.45 Cr
  • Bank Of Maharashtra : 0.24 Cr

Latest Charge Details

DateLenderAmountStatus
21 May 2022State Bank Of India₹1.13 CrOpen
05 Sep 2007State Bank Of India₹13.50 CrOpen
28 Dec 1995State Bank Of India₹13.50 CrOpen
11 Jan 1985Bank Of Maharashtra₹2.40 MOpen
28 Feb 1984The State Industrial And Investment Corportionh Of Maharastr₹4.50 MOpen

Explore comprehensive loan charge details -

How Many Employees Work at Neco Heavy Engineering And Castings?

Neco Heavy Engineering And Castings has a workforce of 62 employees as of Apr 03, 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 Neco Heavy Engineering And Castings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neco Heavy Engineering And Castings, 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 Neco Heavy Engineering And Castings'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 Neco Heavy Engineering And Castings

Recent Activity within the Organization

  • Charges

    The activity A charge registered on 23 Mar 2021 via Charge ID 100444237 with State Bank Of India was fully satisfied on 05 Mar 2025. was completed.

  • Annual General Meeting

    The activity Neco Heavy Engineering And Castings Private Limited last Annual general meeting of members was held on 26 Aug 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Neco Heavy Engineering And Castings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was documented.

  • Director Appointment

    The activity Om Patel Prakash was appointed as a Whole-time director was appointed as a Whole-time director on 18 Feb 2023 & has been associated with this company since 2 years 10 months . was completed.

  • Charges

    A charge with State Bank Of India of Rs. 13.50 Cr registered on 05 Sep 2007 with Charge ID 10070856 was modified on 02 Jun 2022. was recorded as a recent event.

  • Charges

    The activity A charge with State Bank Of India of Rs. 13.50 Cr registered on 28 Dec 1995 with Charge ID 90160878 was modified on 02 Jun 2022. was completed.

Recent News, Updates & Announcement

Frequently Asked Questions

  • What is the CIN of Neco Heavy Engineering And Castings Private Limited?

    The CIN of Neco Heavy Engineering And Castings Private Limited is U27300MH1987PTC045436.

  • Where is Neco Heavy Engineering And Castings Private Limited headquartered?

    Neco Heavy Engineering And Castings Private Limited is headquartered at Plot No.65/2 Nildoh Digdoh Midc Area, Nagpur, Maharashtra, 440016.

  • When was Neco Heavy Engineering And Castings Private Limited incorporated?

    Neco Heavy Engineering And Castings Private Limited was incorporated on 27 November 1987.

  • Who are the current directors of Neco Heavy Engineering And Castings Private Limited?

    The current directors of Neco Heavy Engineering And Castings Private Limited are

  • What is the primary industry of Neco Heavy Engineering And Castings Private Limited?

    The primary industry of Neco Heavy Engineering And Castings Private Limited is Manufacturing.

  • Is Neco Heavy Engineering And Castings Private Limited a listed company?

    Neco Heavy Engineering And Castings Private Limited is unlisted.

  • What is the capital structure of Neco Heavy Engineering And Castings Private Limited?

    The authorized capital of Neco Heavy Engineering And Castings Private Limited is ₹5.00 Cr, and the paid-up capital is ₹3.70 Cr.

  • What is the compliance status of Neco Heavy Engineering And Castings Private Limited?

    The compliance status of Neco Heavy Engineering And Castings Private Limited is Compliant.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial