New Turn Autotech Profile
Key Indicators
- Authorised Capital ₹ 2.73 M
- Paid Up Capital ₹ 2.73 M
- Company Age 21 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 0.64 M
- Satisfied Charges ₹ 3.50 Cr
- Revenue Growth -39.24%
- Profit Growth 86.55%
- Ebitda 181.16%
- Net Worth -0.82%
- Total Assets -2.18%
About New Turn Autotech
New Turn Autotech Private Limited (NTAPL) is a Private Limited Indian Non-Government Company incorporated in India on 26 February 2003 and has a history of 21 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.
The Company is engaged in the Automotive 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 2.73 M and a paid-up capital of Rs 2.73 M.
The company currently has active open charges totaling ₹0.64 M. The company has closed loans amounting to ₹3.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamir Kothari and Kartik Kothari serve as directors at the Company.
Company Details
-
Location
Ahmedabad, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U34300GJ2003PTC042069
-
Company No.
042069
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
26 Feb 2003
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
What products or services does New Turn Autotech Private Limited offer?
New Turn Autotech Private Limited offers a wide range of products and services, including Automotive Repair Tools & Equipments, Auto Diagnostic Tools, Security & Inspection Devices, Car Parking System, Oxygen & Nitrogen Gas Plants, Oxygen & Nitrogen Gas Plant, Road Barriers & Safety, Road Barriers, Tyre & Wheel Equipment, Auto Garage Equipment.
Who are the key members and board of directors at New Turn Autotech?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamir Kothari
|
Director | 24-Aug-2022 | Current |
|
Kartik Kothari
|
Director | 26-Feb-2003 | Current |
Financial Performance of New Turn Autotech.
New Turn Autotech Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 39.24% decrease. The company also saw a substantial improvement in profitability, with a 86.55% increase in profit. The company's net worth dipped by a decrease of 0.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of New Turn Autotech?
In 2018, New Turn Autotech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
-
Parkspace Solutions Private LimitedKartik Kothari is a mutual person
-
Newturn Automation Private LimitedKartik Kothari is a mutual person
-
Zenith Global Innovators India Private LimitedKartik Kothari is a mutual person
Charges (Loans)
₹0.64 M
₹35.00 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Sep 2021 | Hdfc Bank Limited | ₹0.64 M | Open |
| 02 Jan 2009 | Bank Of India | ₹1.75 Cr | Satisfied |
| 02 Jan 2009 | Bank Of India | ₹1.75 Cr | Satisfied |
How Many Employees Work at New Turn Autotech?
New Turn Autotech has a workforce of 2 employees as of Mar 29, 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 Turn Autotech, 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 Turn Autotech'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.
