New India Electricals Limited - Company Profile

It is a energy and power public limited company based in Bengaluru, Karnataka, India, established in 1994.
1994 Bengaluru, Karnataka, India Active
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About New India Electricals Limited

New India Electricals Limited, a active public limited company, was established on 15 April 1994 in Bengaluru, Karnataka, India. Engaging in power equipment manufacturers within the manufacturing sector, it holds CIN: U85110KA1994PLC015512. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹4.58 Cr.

Formerly known as New India Electricals Private Limited. It upholds a compliant status. Employing 52 professional, Its leadership includes Hemanshu Narendra Desai (Managing Director), Payal Nipul Desai (Director), Nipul Narendra Desai (Whole-Time Director). Past directors included Hemanshu Narendra Desai, Nipul Narendra Desai. It holds ₹2.00 Cr open charges and ₹9.90 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Powerhouse,No.18,Jcroad,, Bengaluru, Karnataka, 560002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1994PLC015512

  • Registration Number

    015512

  • Incorporation Date

    15 April 1994

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹4.58 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.58 Cr
  • Company Age 31 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 9.90 Cr
  • Revenue Growth **** -3.27%
  • Profit Growth **** -14.42%
  • Ebitda **** 69.38%
  • Net Worth 7.78%
  • Total Assets **** 2.08%
Company report

New India Electricals Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into New India Electricals 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 New India Electricals Limited?
Current Directors
Name Designation Appointment Date Status
Hemanshu Narendra Desai Managing Director 15 Apr 1994 Current
Payal Nipul Desai Director 26 Dec 2003 Current
Nipul Narendra Desai Whole-Time Director 15 Apr 1994 Current
Pramila Narendra Desai Director 15 Apr 1994 Current
Amisha Hemanshu Desai Director 26 Dec 2003 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Sep 2019 Past
Pramod Abcsdd Director 30 Sep 2019 Past

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Financial Performance of New India Electricals.

New India Electricals Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.27% decrease. The company also saw a substantial fall in profitability, with a 14.42% decrease in profit. The company's net worth moved up by a moderate rise of 7.78%.

New India Electricals revenue growth over time
New India Electricals profit and loss trends over time
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
  • 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
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 -3.27%
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Revenue from Operations
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 -3.29%
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Total Assets
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 2.08%
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Profit or Loss
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 -14.42%
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Net Worth
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 7.78%
*******
*******
*******
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EBITDA
*******
 69.38%
*******
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What is the Ownership and Shareholding Structure of New India Electricals?

In 2023, New India Electricals 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)
shareholding
  • 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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Charges (Loans)
Open Charges

₹20,000,000.00

Satisfied Charges

₹99,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 2.00 Cr
Latest Charge Details
Date Lender Amount Status
10 Oct 2023 Others ₹2.00 Cr Open
16 Dec 2010 State Bank Of India ₹5.00 Cr Satisfied
21 Apr 2005 Corporation Bank ₹4.90 Cr Satisfied

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How Many Employees Work at New India Electricals?

New India Electricals has a workforce of 52 employees as of Apr 09, 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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New India Electricals, 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 New India Electricals'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.

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Latest Updates, News, and FAQs on New India Electricals
Recent Activity within the Organization
  • Annual General Meeting

    The activity New India Electricals Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Charges

    The activity A charge with Others of Rs. 2.00 Cr registered on 10 Oct 2023 with Charge ID 100821764 was modified on 02 Sep 2024. was completed.

  • Balance Sheet

    The activity New India Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was completed.

  • Charges

    Progress on A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100821764 was registered on 10 Oct 2023. was documented.

  • Charges

    The activity A charge registered on 16 Dec 2010 via Charge ID 10265393 with State Bank Of India was fully satisfied on 01 Jun 2020. was completed.

  • Charges

    A charge registered on 21 Apr 2005 via Charge ID 80022871 with Corporation Bank was fully satisfied on 06 Jun 2018. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of New India Electricals Limited?

The CIN of New India Electricals Limited is U85110KA1994PLC015512.

Where is New India Electricals Limited headquartered?

New India Electricals Limited is headquartered at Powerhouse,No.18,Jcroad,, Bengaluru, Karnataka, 560002.

When was New India Electricals Limited incorporated?

New India Electricals Limited was incorporated on 15 April 1994.

Who are the current directors of New India Electricals Limited?

The current directors of New India Electricals Limited are

What is the primary industry of New India Electricals Limited?

The primary industry of New India Electricals Limited is Manufacturing.

Is New India Electricals Limited a listed company?

New India Electricals Limited is unlisted.

What is the capital structure of New India Electricals Limited?

The authorized capital of New India Electricals Limited is ₹10.00 Cr, and the paid-up capital is ₹4.58 Cr.

What is the compliance status of New India Electricals Limited?

The compliance status of New India Electricals Limited is Compliant.

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