New Balance It Services India Private Limited

Provides IT enabled services, BPO services, and multimedia solutions globally since 2007.

2007 | Pune, Maharashtra (India) | Active
Last Updated:

New Balance It Services India Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 0.41 M
  • Company Age 18 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 23.56%
  • Profit Growth 28.91%
  • Ebitda 15.28%
  • Net Worth 15.98%
  • Total Assets 12.09%

About New Balance It Services India

New Balance It Services India Private Limited (NBISIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 May 2007 and has a history of 18 years. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Information Technology 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 7.00 M and a paid-up capital of Rs 0.41 M, as per Ministry of Corporate Affairs (MCA) records.

Sheela Shanbhag, Kevin Doyle, and Joseph Preston serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900PN2007PTC130114

  • Company No.

    130114

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 May 2007

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Information Technology
Company report

New Balance It Services India Private Limited

Explore comprehensive data for New Balance It Services India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at New Balance It Services India?

Board Members (3)

NameDesignationAppointment DateStatus
Sheela Shanbhag Country flag representing In Whole-Time Director 30-Sep-2014Current
Kevin Doyle Country flag representing Us Director 14-Jul-2021Current
Joseph Preston Country flag representing Us Director 27-Sep-2021Current

Financial Performance of New Balance It Services India.

New Balance It Services India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.56% increase. The company also saw a substantial improvement in profitability, with a 28.91% increase in profit. The company's net worth Soared by an impressive increase of 15.98%.

New Balance It Services India revenue growth over time
New Balance It Services India 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
23.56%
Revenue from Operations
22.78%
Total Assets
12.09%
Profit or Loss
28.91%
Net Worth
15.98%
EBITDA
15.28%

What is the Ownership and Shareholding Structure of New Balance It Services India?

In 2022, New Balance It Services 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at New Balance It Services India?

New Balance It Services India has a workforce of 42 employees as of Mar 30, 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 growth trends for New Balance It Services India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Balance It Services 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 Balance It Services 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 Balance It Services India

Recent activity within the organization

  • Annual General Meeting

    New Balance It Services India Private Limited last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

  • Balance Sheet

    New Balance It Services India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Director Appointment

    Joseph Eugene Preston was appointed as a Director was appointed as a Director on 27 Sep 2021 & has been associated with this company since 3 years 7 months .

  • Director Appointment

    Kevin Michael Doyle was appointed as a Director was appointed as a Director on 14 Jul 2021 & has been associated with this company since 3 years 9 months .

  • Director Appointment

    Sheela Murlidhar Shanbhag was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 30 Sep 2014 & has been associated with this company since 10 years 7 months .

  • Company Incorporation

    New Balance It Services India Private Limited was registered on 11 May 2007 with Roc Pune & aged 18 years 2 days as per MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of New Balance It Services India Private Limited?

    New Balance It Services India Private Limited was incorporated on 11 May 2007.

  • What is authorized share capital and paid-up capital of New Balance It Services India Private Limited?

    The authorized share capital of New Balance It Services India Private Limited is ₹ 7.00 M and paid-up capital is ₹ 0.41 M.

  • Who are the current board members & directors of New Balance It Services India Private Limited?

    Currently 3 directors are associated with New Balance It Services India Private Limited.

    • Sheela Murlidhar Shanbhag
    • Kevin Michael Doyle
    • Joseph Eugene Preston
  • What is the registered address of New Balance It Services India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of New Balance It Services India Private Limited is Tower - 06 Level – 1 Wing A Cybercity, Magarpatta India, Pune, Maharashtra, 411013.

  • What is the corporate identification number (CIN) and company number of New Balance It Services India Private Limited?

    The corporate identification number (CIN) of New Balance It Services India Private Limited is U72900PN2007PTC130114 and the company number is 130114 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of New Balance It Services India Private Limited?

    The Official website of New Balance It Services India Private Limited is https://www.newbalance.com

  • What has been the recent revenue trend for New Balance It Services India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for New Balance It Services India Private Limited has risen by 23.56%.

  • How many employees does New Balance It Services India Private Limited currently have?

    As Per 2023 financial reports, 42 employees are currently employed by New Balance It Services India Private Limited.

  • What change has been observed in the net worth of New Balance It Services India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of New Balance It Services India Private Limited has experienced an upsurge of 15.98%.

  • When was the last Balance Sheet of New Balance It Services India Private Limited filed with the ROC?

    The most recent Balance Sheet for New Balance It Services India Private Limited was filed with the ROC on 31 Mar 2024.

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