New Way Constructions Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 17.71 Cr
- Company Age 34 Year, 1 Month
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 147.00 Cr
- Satisfied Charges ₹ 300.00 Cr
- Revenue Growth -21.78%
- Profit Growth -86.20%
- Ebitda -208.33%
- Net Worth -404.61%
- Total Assets -25.49%
About New Way Constructions
New Way Constructions Ltd (NWCL) is Amalgamated company established on 28 Jan 1991 with its office registered at Kolkata, West Bengal, India and has been running since 34 Year, 1 Month with a paid up capital of 17.71 Cr. According to MCA records, 5 Directors and 2 Signatories are linked to this company as of 16 Jan 2025.
Company Details
- Location
Kolkata, West Bengal, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U70101WB1991PLC050757
- Company No.
050757
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Jan 1991
- Date of AGM
13 Oct 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Kolkata
Industry
Financial Services
Who are the key members and board of directors at New Way Constructions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rahul Bhuwania | CFO | 27-Apr-2021 | Current |
| Nikita Gupta | Company Secretary | 22-Feb-2021 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajesh Agarwal  | Director | 11-May-2012 | Current |
| Pradip Agarwal | Director | 27-Jan-1995 | Current |
| Santinath Paul | Director | 23-Jun-2014 | Current |
| Shampa Paul | Director | 18-Dec-2019 | Current |
| Sudipta Datta | Director | 01-Jun-2020 | Current |
Financial Performance of New Way Constructions.
New Way Constructions Ltd, for the financial year ended 2020, experienced significant reduction in revenue, with a 21.78% decrease. The company also saw a substantial fall in profitability, with a 86.2% decrease in profit. The company's net worth observed a substantial decline by a decrease of 404.61%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of New Way Constructions?
In 2020, New Way Constructions 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)
Kkalpana Plastick LimitedShampa Paul is a mutual person
Bengal Emami Housing LimitedRajesh Agarwal is a mutual person
Emami Education And Research FoundationRajesh Agarwal and Santinath Paul are mutual person
Dhunseri Investments LimitedNikita Gupta is a mutual person
Vitanomic Agriculture Private LimitedRajesh Agarwal is a mutual person
- Vagyalakshmi Tie Up Private Limited
Rajesh Agarwal is a mutual person
Charges (Loans)
Open Charges
₹147.00 Cr
Satisfied Charges
₹300.00 Cr
Charges Breakdown by Lending Institutions
- Others : 147.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2016 | Others | ₹147.00 Cr | Open |
| 23 Jul 2014 | Il & Fs Trust Company Limited | ₹300.00 Cr | Satisfied |
How Many Employees Work at New Way Constructions?
Unlock and access historical data on people associated with New Way Constructions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of New Way Constructions, 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 Way Constructions'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.
Latest Updates, News, and FAQs on New Way Constructions
Recent activity within the organization
- Director Appointment
Rahul Bhuwania was appointed as a Cfo was appointed as a Cfo on 27 Apr 2021 & has been associated with this company since 3 years 10 months .
- Director Appointment
Nikita Gupta was appointed as a Company Secretary was appointed as a Company Secretary on 22 Feb 2021 & has been associated with this company since 4 years 1 month .
- Annual General Meeting
New Way Constructions Ltd last Annual general meeting of members was held on 13 Oct 2020 as per latest MCA records.
- Director Appointment
Sudipta Datta was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 4 years 9 months .
- Balance Sheet
New Way Constructions Ltd has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Kolkata.
- Director Appointment
Shampa Paul was appointed as a Director was appointed as a Director on 18 Dec 2019 & has been associated with this company since 5 years 3 months .
Recent News, Updates & Announcement
- Emami Group to Clear ₹2600 Crore Debt in 9 Months, Plans to Sell Businesses or Go Public.
Emami Group, a big company with many businesses, will pay off all its debt of ₹2600 crore in 9 months. They have already paid ₹2800 crore in the last 4 months. The owners are working hard to make the company debt-free and are thinking of selling some businesses or taking the company public. They have also received permission to raise ₹1000 crore through an IPO. One of their companies, Emami Frank Ross, recently had its ratings downgraded. The owners have already sold some of their shares to reduce debt and now the second generation of the family is running the company..
- Emami Q1 profit up 48 pc to Rs 39 cr.
Total income was up 6.57 per cent to Rs 660.13 crore during the quarter under review as against Rs 619.42 crore in the year-ago period. .
- FMCG demand to revive in second half: Emami.
Growth in FMCG sector has slumped in the past four quarters in a row since July-September 2018.
- Emami Group Sells Cement Unit for $1 Billion to Reduce Debt, Continues Production of Popular Boro Plus and Herbal Products.
When you realize Emami Group is selling their cement unit for $1 billion to pay off debt, but they're still making Boro Plus cream and herbal products..
Frequently asked questions
What is the Incorporation or founding date of New Way Constructions Ltd?
New Way Constructions Ltd was incorporated on 28 Jan 1991.
What is authorized share capital and paid-up capital of New Way Constructions Ltd?
The authorized share capital of New Way Constructions Ltd is ₹ 20.00 Cr and paid-up capital is ₹ 17.71 Cr.
Who are the current board members & directors of New Way Constructions Ltd?
Currently 7 directors are associated with New Way Constructions Ltd.
- Rajesh Kumar Agarwal
- Pradip Kumar Agarwal
- Santinath Paul
- Shampa Paul
- Sudipta Datta
- Rahul Bhuwania
- Nikita Gupta
What is the registered address of New Way Constructions Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of New Way Constructions Ltd is 687 Anandapur, Em Bypass 2Nd Floor India, Kolkata, West Bengal, 700107.
What is the corporate identification number (CIN) and company number of New Way Constructions Ltd?
The corporate identification number (CIN) of New Way Constructions Ltd is U70101WB1991PLC050757 and the company number is 050757 as per Ministry of Corporate Affairs (MCA).
What is the official website of New Way Constructions Ltd?
The Official website of New Way Constructions Ltd is https://www.newwayconstruction.in
What has been the recent revenue trend for New Way Constructions Ltd?
According to the financial reports for the fiscal year 2020, the revenue trend for New Way Constructions Ltd has fallen by -21.78%.
What change has been observed in the net worth of New Way Constructions Ltd, and by what percentage?
The financial reports for the fiscal year 2020 indicates that The net worth of New Way Constructions Ltd has experienced an downturn of -404.61%.
What are the total open charges for New Way Constructions Ltd?
As per the financial statements for fiscal Year 2020, The total open charges for New Way Constructions Ltd amount to ₹ 147.00 Cr.
When was the last Balance Sheet of New Way Constructions Ltd filed with the ROC?
The most recent Balance Sheet for New Way Constructions Ltd was filed with the ROC on 31 Mar 2020.
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