HTL Capital Ltd. (NCG)
HTL Capital was planning to go public, but the IPO was withdrawn on Jan 23, 2025.
IPO Price Range
$4.00 - $6.00
Shares Offered
3,750,000
Deal Size
$18.75M
Company Description
HTL Capital is a fast-growing furniture supplier principally engaged in the sale and distribution of upholstered furniture in India through Newcentury Trading, our Operating Subsidiary.
We are engaged in the sales and distribution of (i) mainly upholstered sofas under the brands “Domicil,” “Fabbrica,” “Corium Italia,” “Relax Studio by HTL” and “HomesToLife” or under the customer’s retail brand, and (ii) to a lesser extent, other furniture in the living room, dining room and bedroom such as case goods, mattresses, tables and chairs.
We sell our products in India through (i) furniture retail partners, (ii) dealers, and (iii) our retail stores to India’s growing middle and upper class and the premium mass market.
HTL Capital Ltd.
| Country | India |
| Founded | 2021 |
| Industry | Furnishings, Fixtures & Appliances |
| Sector | Consumer Discretionary |
| Employees | 56 |
| CEO | Yong Tat PHUA |
Contact Details
Address: 5/F, Sattva Galleria, BBMP Khata No. 277/278/316, Byatarayanapura, Virupakshapura Ward No.277, Bengaluru, Karnataka 560092 India | |
| Phone | +91 77382 68072 |
| Website | homestolife.in |
Stock Details
| Ticker Symbol | NCG |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0002021364 |
| SIC Code | 5712 |
Key Executives
| Name | Position |
|---|---|
| Yong Tat PHUA | Chief Executive Officer and Director |
| Yong Pin PHUA | Chairman and Director |
| Kwang Yong CHEW | Chief Financial Officer |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Jan 23, 2025 | RW | Filing |
| Nov 12, 2024 | F-1/A | [Amend] Registration statement for certain foreign private issuers |
| Oct 30, 2024 | FWP | Free Writing Prospectus |
| Oct 25, 2024 | F-1/A | [Amend] Registration statement for certain foreign private issuers |
| Aug 26, 2024 | F-1 | Registration statement for certain foreign private issuers |
| Jul 29, 2024 | DRS/A | [Amend] [Cover] Draft Registration Statement |
| Jun 6, 2024 | DRS | [Cover] Draft Registration Statement |