MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UK-12-0003384
Needle Eye Plastic Industries Private Ltd.
Needle Eye Plastic Industries Private Ltd. - consumer electronics & durables in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹33.69 Cr
▲ 18% YoY
Net profit · FY 2023
₹82,496
Net margin 0%
EBITDA · FY 2023
₹2.51 Cr
EBITDA margin 7.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.1 Cr
Issued & subscribed
Open charges
₹11.47 Cr
Satisfied ₹52.55 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
51
Provident fund records
About Needle Eye Plastic Industries Private Ltd.
Data last updated:
Needle Eye Plastic Industries Private Ltd. is a private limited company based in Delhi, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 03 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1986PTC022971. Its GSTIN is 05AAACN0243P1ZJ (Uttarakhand). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.1 Cr. It is led by directors including Suman Saboo and Ramesh Kumar Saboo.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9 Vishal Market West Mukherjee Nagar, Delhi, India – 110009.
As per the financials filed for FY 2023, the company reported a revenue of ₹33.69 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹82,496 (net margin 0%) and EBITDA of ₹2.51 Cr (EBITDA margin 7.4%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 5% over five years.
The company has about 51 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹11.47 Cr and satisfied charges of ₹52.55 Cr on record. Court records list 26 cases involving the company, including 4 filed by the company and 22 filed against it; 5 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.13 Cr; the latest was in January 2016.
Needle Eye Plastic Industries Private Ltd. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-12-0003384). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U74899DL1986PTC022971
Registration Number 022971
Incorporation Date 03 January 1986
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UK-12-0003384
Recognitions & Rankings of Needle Eye Plastic Industries
Contact details
Needle Eye Plastic Industries Private Ltd.'s registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address9 Vishal Market West Mukherjee Nagar, Delhi, India – 110009
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Needle Eye Plastic Industries Private Ltd., buy the company report.
Comprehensive company report
Needle Eye Plastic Industries Private Ltd. - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Financials of Needle Eye Plastic Industries Private Ltd.
FY 2024 filings availableNeedle Eye Plastic Industries Private Ltd. reported revenue of ₹33.69 Cr (up 18% YoY) for FY 2023.
Revenue · FY 2023
₹33.69 Cr ▲ 18%
Net profit · FY 2023
₹82,496 margin 0%
EBITDA · FY 2023
₹2.51 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 14%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 71%
3 years · compounded
▲ 9%
5 years · compounded
▲ 20%
Revenue rose 18% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 71% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹33.69 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹82,496 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Needle Eye Plastic Industries Private Ltd., buy the company report.
Board of directors of Needle Eye Plastic Industries Private Ltd.
Needle Eye Plastic Industries has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suman Saboo | Director | 11 Jul 2022 | 4 Years 3 Months | Current |
| Aayush Saboo Also directs: Entrust Products Private Limited, SFS Global Limited | Additional Director | 09 Jan 2018 | 8 Years 9 Months | Current |
| Ramesh Kumar Saboo | Director | 31 Mar 2021 | 5 Years 6 Months | Current |
Auditor
Needle Eye Plastic Industries Private Ltd. is audited by KUMAR KHANNA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMAR KHANNA | FY 2023 | 0001528C |
Shareholding
The shareholding of Needle Eye Plastic Industries Private Ltd. is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Needle Eye Plastic Industries Private Ltd., buy the company report.
Charges & borrowings
Open charges
₹11.47 Cr
Satisfied charges
₹52.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2022 | 100654523 | Indian Bank | ₹11.36 Cr | Open | |
| 23 Jul 2021 | 100464690 | Axis Bank Limited | ₹11 Lakh | Open | |
| 30 Mar 2018 | 100165051 | Others | ₹2 Cr | Satisfied | |
| 25 Nov 2010 | 10256850 | State Bank of India | ₹21.85 Cr | Satisfied | |
| 21 Oct 2009 | 10184500 | State Bank of India | ₹28.7 Cr | Satisfied |
To see the full charge records of Needle Eye Plastic Industries Private Ltd., buy the company report.
Total charge records: 5 View all charges
Deals & funding
Needle Eye Plastic Industries Private Ltd. has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.13 Cr; the latest was in January 2016.
Total deals
7
Secondary share transfers
4
Funding rounds
3
Disclosed funding
₹8.13 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2016 | Funding round | ₹1.09 Cr | Investors: Hmi Impex Limited , 3 individuals |
| Dec 2012 | Funding round | ₹3.17 Cr | Investors: Phoenix Udyog Private Limited , SFS Global Limited , Chemeast India Private Limited , an individual |
| Jan 2011 | Funding round | ₹3.87 Cr | Investors: Saboo Impex Private Limited , Chemeast India Private Limited , 2 individuals |
| May 2010 | Secondary share transfer | Undisclosed | Buyer: Chemeast India Private Limited Seller: an individual |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Saboo Impex Private Limited Seller: an individual |
To see the full deal history of Needle Eye Plastic Industries Private Ltd., buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Needle Eye Plastic Industries Private Ltd. has 26 court cases on record: 4 filed by Needle Eye Plastic Industries, 22 filed against it. 5 cases are pending and 21 are disposed.
Total cases
26
Filed by the company
4
Filed against the company
22
Pending
5
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 22 | 5 |
| High courts | 4 | 0 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by Global Transportation Services Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Global Transportation Services Pvt Ltd | Pending |
| District court, Rangareddy, Telangana | Criminal complaint | Filed against the company by M/S Tibrewala Electronics Ltd, Ni Act | Pending |
| District court, West, Delhi | Execution petition | Filed against the company by Minocha Enterprises Pvt Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Minocha Enterprises Pvt Ltd | Disposed |
To see the full case history of Needle Eye Plastic Industries Private Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Needle Eye Plastic Industries Private Ltd. was last rated by Crisil on 31 Dec 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Dec 2020 |
To see the full credit ratings and regulatory alerts of Needle Eye Plastic Industries Private Ltd., buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Needle Eye Plastic Industries Private Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Needle Eye Plastic Industries Private Ltd. has a workforce of 51 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
51
Active EPFO establishments
1
Employee growth
-3.77%
GST
Needle Eye Plastic Industries has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAACN0243P1ZJ | Uttarakhand | Active | 01 Jul 2017 |
| 19AAACN0243P1ZA | West Bengal | Active | 05 Feb 2018 |
To see the full GST registrations and return filing status of Needle Eye Plastic Industries Private Ltd., buy the company report.
Recent activity
Needle Eye Plastic Industries Private Ltd. has 17 board changes on record since 2007: 3 appointments and 14 cessations. The latest: Suman Saboo was appointed as Director on 11 Jul 2022.
Charges
A charge with Indian Bank of Rs. 11.36 Cr registered on 30 Sep 2022 with Charge ID 100654523 was modified on 23 Oct 2024.
AGM
Needle Eye Plastic Industries Private Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Needle Eye Plastic Industries Private Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 30 Mar 2018 via Charge ID 100165051 with Others was fully satisfied on 12 Oct 2022.
Charges
A charge with Indian Bank amounted to Rs. 11.36 Cr with Charge ID 100654523 was registered on 30 Sep 2022.
Appointed
Suman Saboo was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100464690 was registered on 23 Jul 2021.
Appointed
Ramesh Kumar Saboo was appointed as Director.
Ceased
Ratik Saboo ceased to be Director.
Ceased
Ram Prakash Saboo ceased to be Additional Director.
Charges
A charge registered on 21 Oct 2009 via Charge ID 10184500 with State Bank Of India was fully satisfied on 31 Mar 2018.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100165051 was registered on 30 Mar 2018.
18 earlier events are in the company report.
Frequently asked questions
Needle Eye Plastic Industries is an active private limited company based in Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 03 January 1986 (40+ years old) and is registered under CIN U74899DL1986PTC022971.
Needle Eye Plastic Industries has 3 current directors:
- Suman Saboo - Director
- Aayush Saboo - Additional Director
- Ramesh Kumar Saboo - Director
The latest financial statements of Needle Eye Plastic Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Needle Eye Plastic Industries is 05AAACN0243P1ZJ, registered in Uttarakhand. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAACN0243P1ZA (West Bengal).
The CIN (Corporate Identification Number) of Needle Eye Plastic Industries is U74899DL1986PTC022971. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Needle Eye Plastic Industries has 26 court cases on record: 4 filed by the company and 22 filed against it. 5 are pending. Most are in the district courts.
Needle Eye Plastic Industries was incorporated on 03 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Delhi.
Needle Eye Plastic Industries has 7 deals on record (4 secondary share transfers, 3 funding rounds), with disclosed funding of ₹8.13 Cr; the latest was in January 2016.
Suman Saboo was appointed as Director on 11 Jul 2022. Ramesh Kumar Saboo was appointed as Director on 31 Mar 2021. Ratik Saboo ceased to be Director on 31 Mar 2021. Needle Eye Plastic Industries has 17 board changes on record in total.
Yes, Needle Eye Plastic Industries is registered as a small enterprise under Udyam registration (number: UDYAM-UK-12-0003384).