Nevaan Progressive Private Limited

Nevaan Progressive Private Limited - manufacturing in Saraiyan Sani, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U51909UP2018PTC100600 Incorporated 23 January 2018 ROC Kanpur HQ Saraiyan Sani, Uttar Pradesh, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹16.2 Lakh
▼ 78% YoY
Net loss · FY 2024
₹6.51 Lakh
Net margin -40.2%
EBITDA · FY 2024
₹4.87 Lakh
EBITDA margin 30%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹12 Lakh
Issued & subscribed
Open charges
₹6.39 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings

About Nevaan Progressive Private Limited

Data last updated:

Nevaan Progressive Private Limited is a private limited company based in Saraiyan Sani, Uttar Pradesh, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 23 January 2018 and has been in existence for over 8 years.

The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U51909UP2018PTC100600. Its GSTIN is 09AAFCN9205Q1ZS (Uttar Pradesh).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12 Lakh. It is led by directors Yogesh Chandak and Krishna Chandak.

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 Pakaria Saraiya Sani Near B S P G College, Saraiyan Sani, Uttar Pradesh, India – 261145.

As per the financials filed for FY 2024, the company reported a revenue of ₹16.2 Lakh, a decline of 78% compared to the previous year. For the same year it recorded a net loss of ₹6.51 Lakh (net margin -40.2%) and EBITDA of ₹4.87 Lakh (EBITDA margin 30%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 25% over five years.

As per MCA filings, the company has open charges of ₹6.39 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.

Company Details of Nevaan Progressive Private Limited
CIN U51909UP2018PTC100600
Registration Number 100600
Incorporation Date 23 January 2018
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Pakaria Saraiya Sani Near B S P G College, Saraiyan Sani, Uttar Pradesh, India – 261145
  • Industry
    Manufacturing, Wood Products & MDF
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Financials, compliance, directors, charges, ownership and filings for Nevaan Progressive Private Limited in one report.

Financials from FY 2018 Directors & ownership Charges & compliance

Business Activity of Nevaan Progressive Private Limited

The main business activity of Nevaan Progressive is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC3Wood and wood products, furniture, paper and paper productsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Auditor Details of Nevaan Progressive Private Limited

Nevaan Progressive Private Limited is audited by KVA & COMPANY for the financial year 2023.

NameStatusAppointment DateCessation Date
KVA & COMPANYLockedLockedLocked
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Board of Directors of Nevaan Progressive Private Limited

Nevaan Progressive has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Yogesh ChandakDirector23 Jan 20188 Years 8 MonthsCurrent
Krishna ChandakDirector01 Sep 20188 Years 1 MonthsCurrent

Financials of Nevaan Progressive Private Limited FY 2024 filings available

Nevaan Progressive Private Limited reported revenue of ₹16.2 Lakh (down 78% YoY) for FY 2024.

Revenue · FY 2024
₹16.2 Lakh ▼ 78%
Net loss · FY 2024
₹6.51 Lakh margin -40.2%
EBITDA · FY 2024
₹4.87 Lakh margin 30%

Compounded Annual Growth Rate (CAGR) of Nevaan Progressive Private Limited

Revenue CAGR growth
1 year
▼ 78%
3 years · compounded
▼ 29%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 60%
5 years · compounded
▲ 48%

Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 78% fall in the latest year. EBITDA fell 22% 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 of Nevaan Progressive Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹4.87 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹6.51 Lakh••••••••••••••••
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 of Nevaan Progressive Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin30%••••••••••••••••
Net Profit Margin-40.2%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nevaan Progressive are in the company report.

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Financial statements from FY 2018

Earlier years and trend charts are in the company report.

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Ownership and Shareholding of Nevaan Progressive Private Limited

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Charges & Borrowings of Nevaan Progressive Private Limited

Open charges
₹6.39 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹6.39 Cr
Latest charge details
DateLenderAmountStatus
20 Jul 2024Others₹18.15 LakhOpen
12 May 2022Others₹21.14 LakhOpen
27 Sep 2021Others₹6 CrOpen

Total charge records: 3 View all charges

Employees and EPFO Compliance at Nevaan Progressive Private Limited

Employment history and EPFO contributions of people linked to Nevaan Progressive.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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GST Compliance of Nevaan Progressive Private Limited

Nevaan Progressive has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAFCN9205Q1ZSUttar PradeshActive17 Feb 2018
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GST registrations and filing compliance

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Credit Ratings, Litigation & Regulatory Alerts for Nevaan Progressive Private Limited

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MSME Payment Delays by Nevaan Progressive Private Limited

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Subsidiaries & Group Companies of Nevaan Progressive Private Limited

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Corporate group structure

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MCA Filings & Documents of Nevaan Progressive Private Limited

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Recent Activity on Nevaan Progressive Private Limited

Activity
30 Sep 2024
Nevaan Progressive Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
20 Jul 2024
A charge with Others amounted to Rs. 18.15 Lakh with Charge ID 100966575 was registered on 20 Jul 2024.
Activity
31 Mar 2024
Nevaan Progressive Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kanpur.
Charges
12 May 2022
A charge with Others amounted to Rs. 21.14 Lakh with Charge ID 100596528 was registered on 12 May 2022.
Charges
27 Sep 2021
A charge with Others amounted to Rs. 600.00 Lakh with Charge ID 100482898 was registered on 27 Sep 2021.
Directors
01 Sep 2018
Krishna Chandak was appointed as a Director on 01 Sep 2018 & has been associated with this company since 8 years 1 month.

Frequently Asked Questions about Nevaan Progressive Private Limited

Nevaan Progressive is an active private limited company based in Saraiyan Sani, Uttar Pradesh, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 23 January 2018 (8+ years old) and is registered under CIN U51909UP2018PTC100600.

Nevaan Progressive reported revenue of ₹16.2 Lakh for FY 2024 (down 78% YoY).

Nevaan Progressive has 2 current directors:

Nevaan Progressive reported a net loss of ₹6.51 Lakh (net margin -40.2%) and EBITDA of ₹4.87 Lakh (EBITDA margin 30%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Nevaan Progressive is -29% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 78%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Nevaan Progressive is 09AAFCN9205Q1ZS, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Nevaan Progressive is U51909UP2018PTC100600. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Nevaan Progressive has 1 court case on record: 1 filed against it. 1 is pending.

Nevaan Progressive was incorporated on 23 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kanpur.

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