New Age Software And Solutions (India) Private Limited

Provides BPO services for freight forwarding, sales support, customer service, and more.

2006 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

New Age Software And Solutions (India) Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.29 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.75 Cr
  • Revenue Growth 1.86%
  • Profit Growth -14.06%
  • Ebitda -27.13%
  • Net Worth 16.60%
  • Total Assets 18.69%

About New Age Software And Solutions (India)

New Age Software And Solutions (India) Private Limited (NASASIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 May 2006 and has a history of 18 years and nine months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.29 Cr.

The company has closed loans amounting to ₹4.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Manu Bhalla, David Phillips, Jonathan Phillips, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    newage-global.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2006PTC059734

  • Company No.

    059734

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 May 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

What products or services does New Age Software And Solutions (India) Private Limited offer?

New Age Software And Solutions (India) Private Limited offers a wide range of products and services, including Forwarding & Custom Clearing, Cargo Transportation Services, Freight Forwarding Services, Tax Planners, Agents & Consultants, Indirect Tax Service, Warehouses and Warehousing Agents, Warehousing Management Services, Online Education & Coaching Services, Online Education Consultancy Services.

Who are the key members and board of directors at New Age Software And Solutions (India)?

Board Members (5)

Name Designation Appointment Date Status
Manu Bhalla Country flag representing In Director 05-May-2006 Current
David Phillips Country flag representing In Director 05-May-2006 Current
Jonathan Phillips Country flag representing In Director 30-Mar-2016 Current
Amanda Phillips Country flag representing In Director 21-Feb-2023 Current
Sivakumar Kanagasundaram Country flag representing In Director 17-Apr-2024 Current

Financial Performance of New Age Software And Solutions (India).

New Age Software And Solutions (India) Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.86% increase. The company also saw a substantial fall in profitability, with a 14.06% decrease in profit. The company's net worth Soared by an impressive increase of 16.6%.

Graph illustrating revenue growth over time
Graph showing 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
1.86%
Revenue from Operations
-0.41%
Total Assets
18.69%
Profit or Loss
-14.06%
Net Worth
16.60%
EBITDA
-27.13%

What is the Ownership and Shareholding Structure of New Age Software And Solutions (India)?

In 2023, New Age Software And Solutions (India) 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 Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.75 Cr

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 3.00 Cr
  • Vijaya Bank : 1.75 Cr

Latest Charge Details

Date Lender Amount Status
27 Apr 2018 Citi Bank N.A. ₹3.00 Cr Satisfied
10 Sep 2007 Vijaya Bank ₹1.75 Cr Satisfied

How Many Employees Work at New Age Software And Solutions (India)?

Unlock and access historical data on people associated with New Age Software And Solutions (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Age Software And Solutions (India), 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 Age Software And Solutions (India)'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 New Age Software And Solutions (India)

Recent activity within the organization

  • Annual General Meeting

    New Age Software And Solutions (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Sivakumar Kanagasundaram was appointed as a Director was appointed as a Director on 17 Apr 2024 & has been associated with this company since 9 months 28 days .

    17 Apr 2024

  • Balance Sheet

    New Age Software And Solutions (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Amanda Nicole Phillips was appointed as a Director was appointed as a Director on 21 Feb 2023 & has been associated with this company since 1 year 11 months .

    21 Feb 2023

  • Charges

    A charge registered on 27 Apr 2018 via Charge ID 100172866 with Citi Bank N.A. was fully satisfied on 24 Nov 2022.

    24 Nov 2022

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 3.00 Cr with Charge ID 100172866 was registered on 27 Apr 2018.

    27 Apr 2018

Frequently asked questions

  • New Age Software And Solutions (India) Private Limited was incorporated on 05 May 2006.

  • The authorized share capital of New Age Software And Solutions (India) Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.29 Cr.

  • Currently 5 directors are associated with New Age Software And Solutions (India) Private Limited.

    • Manu Raj Bhalla
    • David Lionel Phillips
    • Jonathan Phillips
    • Amanda Nicole Phillips
    • Sivakumar Kanagasundaram
  • As per Ministry of Corporate Affairs (Mca), the registered address of New Age Software And Solutions (India) Private Limited is Plot A-38 Phase I, Mepz-Sez Tambaram India, Chennai, Tamil Nadu, 600045.

  • The corporate identification number (CIN) of New Age Software And Solutions (India) Private Limited is U72200TN2006PTC059734 and the company number is 059734 as per Ministry of Corporate Affairs (MCA).

  • The Official website of New Age Software And Solutions (India) Private Limited is https://www.newage-global.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for New Age Software And Solutions (India) Private Limited has risen by 1.86%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of New Age Software And Solutions (India) Private Limited has experienced an upsurge of 16.60%.

  • The most recent Balance Sheet for New Age Software And Solutions (India) Private Limited was filed with the ROC on 31 Mar 2024.

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