The New Akot Cotton Ginning And Pressing Company Limited Company Logo

The New Akot Cotton Ginning And Pressing Company Limited - Company Profile

It is a business services public limited company based in Akot, Maharashtra, India, established in 1903.

1903 | Akot, Maharashtra, India | Active
Last Updated:

About The New Akot Cotton Ginning And Pressing Company Limited

The New Akot Cotton Ginning And Pressing Company Limited, a active public limited company, was established on 10 August 1903 in Akot, Maharashtra, India. Engaging in business support services within the support service to organizations sector, it holds CIN: U10405MH1903PLC010247. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹6.00 M and a paid-up capital of ₹1.38 M.

It upholds a compliant status. Its leadership includes Narendra Vasantrao Joat (Managing Director), Shardul Anant Dingambar (Director), Rahul Deorao Digamber (Director). Past directors included Narendra Vasantrao Joat, Vishwanath Gopalappa Dhake, Subhash Shashikant Gore. It holds ₹9.18 M open charges and ₹3.10 M settled loans. Its latest AGM occurred on 29 September 2024, with the balance sheet filed on 31 March 2024. It is based at Akola Road, Akot, Maharashtra, 444101.

Company Details

  • CIN/LLPIN

    U10405MH1903PLC010247

  • Registration Number

    010247

  • Incorporation Date

    10 August 1903

  • Authorized Capital

    ₹6.00 M

  • Paid-Up Capital

    ₹1.38 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 1.38 M
  • Company Age 122 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.18 M
  • Satisfied Charges ₹ 3.10 M
  • Revenue Growth 500.53%
  • Profit Growth 116.19%
  • Ebitda -28.90%
  • Net Worth 3.11%
  • Total Assets 81.11%
Company report

The New Akot Cotton Ginning And Pressing Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into The New Akot Cotton Ginning And Pressing Company 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 The New Akot Cotton Ginning And Pressing Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Narendra Vasantrao JoatManaging Director03 May 2008Current
Shardul Anant DingambarDirector05 Sep 2006Current
Rahul Deorao DigamberDirector29 Mar 2007Current
Rajendra Ballal DigamberDirector03 May 2008Current
Subhash Shashikant GoreDirector24 Jun 2024Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddManaging Director04 Jul 2008Past
Pramod AbcsddDirector30 Sep 2023Past
Pramod AbcsddAdditional Director28 Sep 2024Past
Pramod AbcsddDirector20 Aug 2015Past

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Financial Performance of The New Akot Cotton Ginning And Pressing Company.

The New Akot Cotton Ginning And Pressing Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 500.53% increase. The company also saw a substantial improvement in profitability, with a 116.19% increase in profit. The company's net worth moved up by a moderate rise of 3.11%.

The New Akot Cotton Ginning And Pressing Company revenue growth over time
The New Akot Cotton Ginning And Pressing Company 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
500.53%
Revenue from Operations
-100.00%
Total Assets
81.11%
Profit or Loss
116.19%
Net Worth
3.11%
EBITDA
-28.90%

What is the Ownership and Shareholding Structure of The New Akot Cotton Ginning And Pressing Company?

In 2022, The New Akot Cotton Ginning And Pressing Company had a promoter holding of 4.46% and a public holding of 95.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹9,175,000.00

Satisfied Charges

₹3,100,000.00

Charges Breakdown by Lending Institutions

  • The Akola Urban Co-Operative Bank Ltd : 0.65 Cr
  • Others : 0.22 Cr
  • State Bank Of India : 0.04 Cr
  • Maharastra State Finance Corporation : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2020Others₹2.20 MOpen
19 Nov 2008The Akola Urban Co-Operative Bank Ltd₹5.00 MOpen
19 Nov 2008The Akola Urban Co-Operative Bank Ltd₹1.50 MOpen
11 Jan 1996State Bank Of India₹0.15 MOpen
13 Mar 1993State Bank Of India₹0.05 MOpen

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How Many Employees Work at The New Akot Cotton Ginning And Pressing Company?

Unlock and access historical data on people associated with The New Akot Cotton Ginning And Pressing Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for The New Akot Cotton Ginning And Pressing Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of The New Akot Cotton Ginning And Pressing Company, 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 The New Akot Cotton Ginning And Pressing Company'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 The New Akot Cotton Ginning And Pressing Company

Recent Activity within the Organization

  • Annual General Meeting

    Progress on The New Akot Cotton Ginning And Pressing Company Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Subhash Shashikant Gore was appointed as a Director was appointed as a Director on 24 Jun 2024 & has been associated with this company since 1 year 5 months . was documented.

  • Balance Sheet

    The New Akot Cotton Ginning And Pressing Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was recorded as a recent event.

  • Charges

    Progress on A charge with Others amounted to Rs. 2.20 M with Charge ID 100384702 was registered on 21 Sep 2020. was documented.

  • Charges

    Progress on A charge with The Akola Urban Co-Operative Bank Ltd amounted to Rs. 5.00 M with Charge ID 10136906 was registered on 19 Nov 2008. was documented.

  • Charges

    The activity A charge with The Akola Urban Co-Operative Bank Ltd amounted to Rs. 1.50 M with Charge ID 10136905 was registered on 19 Nov 2008. was completed.

Frequently Asked Questions

  • What is the CIN of The New Akot Cotton Ginning And Pressing Company Limited?

    The CIN of The New Akot Cotton Ginning And Pressing Company Limited is U10405MH1903PLC010247.

  • Where is The New Akot Cotton Ginning And Pressing Company Limited headquartered?

    The New Akot Cotton Ginning And Pressing Company Limited is headquartered at Akola Road, Akot, Maharashtra, 444101.

  • When was The New Akot Cotton Ginning And Pressing Company Limited incorporated?

    The New Akot Cotton Ginning And Pressing Company Limited was incorporated on 10 August 1903.

  • Who are the current directors of The New Akot Cotton Ginning And Pressing Company Limited?

    The current directors of The New Akot Cotton Ginning And Pressing Company Limited are

  • What is the primary industry of The New Akot Cotton Ginning And Pressing Company Limited?

    The primary industry of The New Akot Cotton Ginning And Pressing Company Limited is Support Service To Organizations.

  • Is The New Akot Cotton Ginning And Pressing Company Limited a listed company?

    The New Akot Cotton Ginning And Pressing Company Limited is unlisted.

  • What is the capital structure of The New Akot Cotton Ginning And Pressing Company Limited?

    The authorized capital of The New Akot Cotton Ginning And Pressing Company Limited is ₹6.00 M, and the paid-up capital is ₹1.38 M.

  • What is the compliance status of The New Akot Cotton Ginning And Pressing Company Limited?

    The compliance status of The New Akot Cotton Ginning And Pressing Company Limited is Compliant.

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