Established in 1984, North Eastern Carrying Corporation Limited (NECC) is a prominent player in the transportation sector. Headquartered in Delhi, the company primarily operates within India.
Boasting over four decades of expertise in transportation services, North Eastern Carrying Corporation has expanded its reach to encompass more than 200 branches. The company specializes in providing comprehensive transportation and supply chain solutions across India, Nepal, Bangladesh, and Bhutan.
Leveraging its extensive industry experience, NECC excels in crafting tailored and efficient solutions for a diverse range of freight movements spanning industrial, commercial, and residential domains. The company’s operations benefit from cutting-edge resources and a profound understanding of the industry landscape.
NECC stands out for offering seamless Logistics Management Solutions, powered by a robust capacity network and advanced troubleshooting capabilities, further solidifying its position as a reliable and efficient partner in the transportation and logistics arena.
North Eastern Carrying Corporation Ltd. Stock Quote #
- Open: ₹19.10
- High – Low: ₹19.30 – ₹18.90
- Previous Close: ₹19.10
- Total Traded Value: 49,005
- 52 Weeks High: ₹28.47 (Aug 18, 2022)
- 52 Weeks Low: ₹13.15 (Mar 20, 2023)
- Updated On: Aug 11, 2023 4:00 PM
North Eastern Carrying Corp. Rights Issue 2023 Detail #
| Issue Open | Jun 14, 2023 – Jul 11, 2023 |
| Security Name | North Eastern Carrying Corporation Limited |
| Issue Size (Shares) | 45,177,602 |
| Issue Size (Amount) | ₹81.32 Crores |
| Issue Price | ₹18 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Terms of Payment | Investors will have to pay Rs. 9 at the time of allotment, Rs. 9 at the time of one or more subsequent Call(s) as determined by the Board/Committee at its sole discretion, from time to time. |
| Entitlement | 9 Rights Equity Share(s) for every 10 fully paid-up Equity Shares held on Record Date |
North Eastern Carrying Corp. Rights Issue 2023 Issue Timetable #
| Last Date to buy shares | Jun 1, 2023 |
| Record Date | Jun 2, 2023 |
| Credit of Rights Entitlements | Jun 13, 2023 |
| Bid/Offer Opens On | Jun 14, 2023 |
| Renunciation of Rights Entitlements | Jul 6, 2023 |
| Bid/Offer Closes On | Jul 11, 2023 |
| Deemed Date of Allotment | Jul 24, 2023 |
| Credit Date | Jul 25, 2023 |
| Listing Date | Jul 27, 2023 |
Company Financials #
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth | Reserves and Surplus | Total Borrowing |
|---|---|---|---|---|---|---|
| 31-Mar-20 | 199.48 | 378.20 | 6.39 | 43.09 | 43.09 | 76.12 |
| 31-Mar-21 | 196.39 | 232.74 | 1.43 | 94.72 | 44.52 | 86.17 |
| 31-Mar-22 | 217.87 | 250.86 | 4.22 | 98.94 | 48.74 | 100.94 |
| Amount in ₹ Crore | ||||||
Objects of the Issue: #
The company intends to utilize the net proceeds from the issue towards the funding of the following objects:
- Construction and Development of Warehouse, and
- General Corporate Purpose.
North Eastern Carrying Corp. Rights Issue 2023 Documents #
Company Contact Information #
9062/47, NECC House,
Ram Bagh Road Azad Market,
Delhi-110 006Phone: 011-23517516, 17, 18, 19
Email: co@neccgroup.com
Website: http://neccgroup.com/
North Eastern Carrying Corp. Rights Issue 2023 Registrar #
- Purva Sharegistry India Pvt Ltd
Phone: +91-022-23018261/ 23016761
Email: support@purvashare.com
Website: https://www.purvashare.com/queries/
