New Horizons Asphalt Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 7.26 Cr
- Company Age 13 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 132.20 Cr
- Satisfied Charges ₹ 491.11 Cr
- Revenue Growth -79.39%
- Profit Growth -5829.24%
- Ebitda -292.55%
- Net Worth -15.51%
- Total Assets -22.70%
About New Horizons Asphalt
New Horizons Asphalt Private Limited (NHAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 April 2011 and has a history of 13 years and nine months. Its registered office is in Vadodara, Gujarat, India.
The Corporate was formerly known as Gulf Asphalt Private Limited. The Company is engaged in the Chemicals And Materials Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 7.26 Cr.
The company currently has active open charges totaling ₹132.20 Cr. The company has closed loans amounting to ₹491.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Surinder Gupta, Anurag Gupta, and Anita Goyal serve as directors at the Company.
Company Details
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Location
Vadodara, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U11100GJ2011PTC108646
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Company No.
108646
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Apr 2011
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at New Horizons Asphalt?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surinder Gupta
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Additional Director | 15-May-2024 | Current |
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Anurag Gupta
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Additional Director | 16-May-2024 | Current |
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Anita Goyal
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Additional Director | 12-Nov-2024 | Current |
Financial Performance of New Horizons Asphalt.
New Horizons Asphalt Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 79.39% decrease. The company also saw a substantial fall in profitability, with a 5829.24% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.51%.
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What is the Ownership and Shareholding Structure of New Horizons Asphalt?
In 2023, New Horizons Asphalt had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Trimula Industries LimitedSurinder Gupta is a mutual person
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India Horticulture Private LimitedSurinder Gupta and Anurag Gupta are mutual person
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Kimitsu Steel Private LimitedSurinder Gupta and Anurag Gupta are mutual person
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Aiva Green Energy Private LimitedSurinder Gupta is a mutual person
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Nivaya Hotels Private LimitedSurinder Gupta and Anita Goyal are mutual person
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Nivaya Strips Private LimitedSurinder Gupta and Anurag Gupta are mutual person
Charges (Loans)
₹132.20 Cr
₹491.11 Cr
Charges Breakdown by Lending Institutions
- Others : 130.00 Cr
- Axis Bank Limited : 2.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2024 | Others | ₹130.00 Cr | Open |
| 22 Jun 2020 | Axis Bank Limited | ₹0.82 M | Open |
| 19 Sep 2019 | Axis Bank Limited | ₹2.12 Cr | Open |
| 08 Jun 2021 | State Bank Of India | ₹80.66 Cr | Satisfied |
| 08 Jun 2021 | Sbicap Trustee Company Limited | ₹7.66 Cr | Satisfied |
How Many Employees Work at New Horizons Asphalt?
New Horizons Asphalt has a workforce of 10 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of New Horizons Asphalt, 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 Horizons Asphalt's trajectory.
Rating
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
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.
