Neco Industries Limited - Company Profile

Q: Where is Neco Industries Limited headquartered?

Neco Industries Limited is headquartered at Plot No.652, Nildoh Digdoh Midc Industrial Area, Nagpur, Maharashtra, 440016.

Q: Who are the current directors of Neco Industries Limited?

The current directors of Neco Industries Limited are Anil Kumar Gupta, Basant Lal Shaw, Avneesh Jayaswal.

It is a consumer electronics & durables public limited company based in Nagpur, Maharashtra, India, established in 1991.

1991 Nagpur, Maharashtra, India Active

Last Updated: January 03, 2026

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About Neco Industries Limited

Neco Industries Limited, a active public limited company, was established on 28 January 1991 in Nagpur, Maharashtra, India. Engaging in furniture retail & distribution within the consumer electronics & durables sector, it holds CIN: U65191MH1991PLC060014. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹0.50 M.

Formerly known as Jayaswal Neco Power Holding Company Limited. It upholds a compliant status. Its leadership includes Anil Kumar Gupta (Director), Basant Lal Shaw (Director), Avneesh Jayaswal (Director). Past directors included Anil Kumar Gupta, Arvindkumar Jayaswal, Ramesh Jayaswal. Its latest AGM occurred on 26 September 2025, with the balance sheet filed on 31 March 2025. It is based at Plot No.65/2, Nildoh Digdoh Midc Industrial Area, Nagpur, Maharashtra, 440016.

Company Details

CIN/LLPIN
U65191MH1991PLC060014
Registration Number
060014
Incorporation Date
28 January 1991
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹0.50 M
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 03-01-2026
Paid Up Capital ₹ 0.50 M as on 03-01-2026
Company Age 35 Year, 20 Days
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 16.67% (FY 2023)
Profit Growth **** 100.23% (FY 2023)
Ebitda **** 99.70% (FY 2023)
Net Worth 0.35% (FY 2023)
Total Assets **** 0.23% (FY 2023)

Comprehensive Company Insights

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

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Who are the key members and board of directors at Neco Industries Limited?

Current Directors

Name	Designation	Appointment Date	Status
Anil Kumar Gupta	Director	10 Apr 2018	Current
Basant Lal Shaw	Director	24 Sep 1997	Current
Avneesh Jayaswal	Director	05 May 2010	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	27 Sep 2018	Past
Pramod Abcsdd	Director	31 Mar 2015	Past
Pramod Abcsdd	Director	05 May 2010	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	30 Sep 2010	Past
Pramod Abcsdd	Director	10 Apr 2018	Past
Pramod Abcsdd	Director	07 Apr 2009	Past

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Financial Performance of Neco Industries.

Neco Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.67% increase. The company also saw a substantial improvement in profitability, with a 100.23% increase in profit. The company's net worth moved up by a moderate rise of 0.35%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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

********

16.67%

*******

Revenue from Operations

*******

Total Assets

*******

0.23%

*******

Profit or Loss

*******

100.23%

*******

Net Worth

*******

0.35%

*******

EBITDA

*******

99.70%

*******

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What is the Ownership and Shareholding Structure of Neco Industries?

In 2023, Neco Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Neco Industries?

Unlock and access historical data on people associated with Neco Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Neco Industries, 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 Industries's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Neco Industries

Recent Activity within the Organization

Annual General Meeting

Progress on Neco Industries Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records. was documented.
26 Sep 2025
Balance Sheet

The activity Neco Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.
31 Mar 2025
Director Appointment

Anil Kumar Gupta was appointed as a Director was appointed as a Director on 10 Apr 2018 & has been associated with this company since 7 years 10 months . was recorded as a recent event.
10 Apr 2018
Director Appointment

The activity Avneesh Jayaswal was appointed as a Director was appointed as a Director on 05 May 2010 & has been associated with this company since 15 years 9 months . was completed.
05 May 2010
Director Appointment

Progress on Basant Lal Shaw was appointed as a Director was appointed as a Director on 24 Sep 1997 & has been associated with this company since 28 years 4 months . was documented.
24 Sep 1997
Company Incorporation

Progress on Neco Industries Limited was registered on 28 Jan 1991 with Roc Mumbai & aged 35 years 20 days as per MCA records. was documented.
28 Jan 1991

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