New Line Finance Limited

Provides financing and leasing services for various industries, transportation, and machinery.

1991 | Chennai, Tamil Nadu (India) | Active
Last Updated:

New Line Finance Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.97 Cr
  • Company Age 33 Year, 6 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 2.80 Cr
  • Revenue Growth %
  • Profit Growth 77.16%
  • Ebitda 77.16%
  • Net Worth -0.13%
  • Total Assets -5.61%

About New Line Finance

New Line Finance Limited (NLFL) is a Public Limited Indian Non-Government Company incorporated in India on 22 August 1991 and has a history of 33 years and six months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.97 Cr.

The company currently has active open charges totaling ₹2.80 Cr.

Karthik Prakassam, Thamodaran Ethiraj, and Varadaraajulu serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65191TN1991PLC021307

  • Company No.

    021307

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 1991

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Financial Services

Who are the key members and board of directors at New Line Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Karthik Prakassam Country flag representing In Director 28-Dec-2015Current
Thamodaran Ethiraj Country flag representing In Director 22-Aug-1991Current
Varadaraajulu Country flag representing In Additional Director 11-Mar-2013Current

Financial Performance of New Line Finance.

New Line Finance Limited, for the financial year ended 2018, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 77.16% increase in profit. The company's net worth dipped by a decrease of 0.13%.

New Line Finance revenue growth over time
New Line Finance 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
Revenue from Operations
Total Assets
-5.61%
Profit or Loss
77.16%
Net Worth
-0.13%
EBITDA
77.16%

What is the Ownership and Shareholding Structure of New Line Finance?

In 2018, New Line Finance had a promoter holding of 15.01% and a public holding of 84.98%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.80 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Karnataka Bank Ltd. : 1.60 Cr
  • Bank Of Madura Ltd. : 0.70 Cr
  • The Lakshmi Vilas Bank Ltd. : 0.25 Cr
  • Karnataka Bank Ltd. : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
19 May 1997Bank Of Madura Ltd.₹4.00 MOpen
08 Aug 1996The Karnataka Bank Ltd.₹6.00 MOpen
26 Jul 1995The Lakshmi Vilas Bank Ltd.₹2.50 MOpen
04 Jul 1995The Karnataka Bank Ltd.₹5.00 MOpen
24 Dec 1993Bank Of Madura Ltd.₹3.00 MOpen

How Many Employees Work at New Line Finance?

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

Employee growth trends for New Line Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Line Finance, 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 Line Finance'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 Line Finance

Recent activity within the organization

  • Annual General Meeting

    New Line Finance Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

  • Balance Sheet

    New Line Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.

  • Director Appointment

    Karthik Sethu Prakassam was appointed as a Director was appointed as a Director on 28 Dec 2015 & has been associated with this company since 9 years 2 months .

  • Director Appointment

    Varadaraajulu was appointed as a Additional Director was appointed as a Additional Director on 11 Mar 2013 & has been associated with this company since 11 years 11 months .

  • Charges

    A charge with The Karnataka Bank Ltd. of Rs. 0.60 Cr registered on 08 Aug 1996 with Charge ID 90283713 was modified on 21 Apr 1998.

  • Charges

    A charge with Bank Of Madura Ltd. amounted to Rs. 0.40 Cr with Charge ID 90282070 was registered on 19 May 1997.

Frequently asked questions

  • What is the Incorporation or founding date of New Line Finance Limited?

    New Line Finance Limited was incorporated on 22 Aug 1991.

  • What is authorized share capital and paid-up capital of New Line Finance Limited?

    The authorized share capital of New Line Finance Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.97 Cr.

  • Who are the current board members & directors of New Line Finance Limited?

    Currently 3 directors are associated with New Line Finance Limited.

    • Karthik Sethu Prakassam
    • Thamodaran Ethiraj
    • Varadaraajulu

  • What is the registered address of New Line Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of New Line Finance Limited is No9, Hallsl Roadegmore Chennai India, Tamilnadu, Tamil Nadu, 600008.

  • What is the corporate identification number (CIN) and company number of New Line Finance Limited?

    The corporate identification number (CIN) of New Line Finance Limited is U65191TN1991PLC021307 and the company number is 021307 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of New Line Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of New Line Finance Limited has experienced an downturn of -0.13%.

  • What are the total open charges for New Line Finance Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for New Line Finance Limited amount to ₹ 2.80 Cr.

  • When was the last Balance Sheet of New Line Finance Limited filed with the ROC?

    The most recent Balance Sheet for New Line Finance Limited was filed with the ROC on 31 Mar 2018.

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