Newage Concepts India Private Limited

Specializes in trading and installation of imported wooden furniture, including luxury brand partnerships.

1997 | Delhi (India) | Active
Last Updated:

Newage Concepts India Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 5.76 M
  • Company Age 27 Year, 4 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 11.48 Cr
  • Satisfied Charges ₹ 14.74 Cr
  • Revenue Growth -9.41%
  • Profit Growth -80.18%
  • Ebitda -230.42%
  • Net Worth 3.97%
  • Total Assets 19.75%

About Newage Concepts India

Newage Concepts India Private Limited (NCIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 October 1997 and has a history of 27 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Consumer Electronics & Durables 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 7.00 M and a paid-up capital of Rs 5.76 M.

The company currently has active open charges totaling ₹11.48 Cr. The company has closed loans amounting to ₹14.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Daljit Singh, Manmohan Singh, Ajit Arora, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U36109DL1997PTC090379

  • Company No.

    090379

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Oct 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables
Company report

Newage Concepts India Private Limited

Explore comprehensive data for Newage Concepts India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Newage Concepts India?

Board Members (4)

NameDesignationAppointment DateStatus
Ajit Arora Country flag representing In Director 23-Oct-1997Current
Daljit Singh Country flag representing In Director 03-May-2005Current
Manmohan Singh Country flag representing In Director 17-Feb-2000Current
Charanjit Singh Country flag representing In Director 15-Nov-2000Current

Financial Performance of Newage Concepts India.

Newage Concepts India Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.41% decrease. The company also saw a substantial fall in profitability, with a 80.18% decrease in profit. The company's net worth moved up by a moderate rise of 3.97%.

Newage Concepts India revenue growth over time
Newage Concepts 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
-9.41%
Revenue from Operations
-10.16%
Total Assets
19.75%
Profit or Loss
-80.18%
Net Worth
3.97%
EBITDA
-230.42%

What is the Ownership and Shareholding Structure of Newage Concepts India?

In 2023, Newage Concepts India had a promoter holding of 38.05% and a public holding of 61.94%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹114.76 M

Satisfied Charges

₹147.39 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 7.48 Cr
  • Others : 3.00 Cr
  • Citi Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2023Others₹3.00 CrOpen
28 Mar 2018Hdfc Bank Limited₹7.48 CrOpen
27 Jan 2005Citi Bank₹1.00 CrOpen
29 Jan 2013Icici Bank Limited₹6.00 CrSatisfied
01 Oct 2012Bajaj Finance Limited₹1.10 CrSatisfied

How Many Employees Work at Newage Concepts India?

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

Employee growth trends for Newage Concepts India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Newage Concepts 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 Newage Concepts 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 Newage Concepts India

Recent activity within the organization

  • Annual General Meeting

    Newage Concepts India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 30.00 M with Charge ID 100794085 was registered on 31 Aug 2023.

  • Balance Sheet

    Newage Concepts India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 74.76 M registered on 28 Mar 2018 with Charge ID 100214063 was modified on 29 Sep 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 74.76 M with Charge ID 100214063 was registered on 28 Mar 2018.

  • Charges

    A charge registered on 29 Jan 2013 via Charge ID 10411756 with Icici Bank Limited was fully satisfied on 21 Mar 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Newage Concepts India Private Limited?

    Newage Concepts India Private Limited was incorporated on 23 Oct 1997.

  • What is authorized share capital and paid-up capital of Newage Concepts India Private Limited?

    The authorized share capital of Newage Concepts India Private Limited is ₹ 7.00 M and paid-up capital is ₹ 5.76 M.

  • Who are the current board members & directors of Newage Concepts India Private Limited?

    Currently 4 directors are associated with Newage Concepts India Private Limited.

    • Daljit Singh
    • Manmohan Singh
    • Ajit Arora
    • Charanjit Singh
  • What is the registered address of Newage Concepts India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Newage Concepts India Private Limited is Khasra No. 583 584 Sultanpur Mehrauli, India, New Delhi, 110030.

  • What is the corporate identification number (CIN) and company number of Newage Concepts India Private Limited?

    The corporate identification number (CIN) of Newage Concepts India Private Limited is U36109DL1997PTC090379 and the company number is 090379 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Newage Concepts India Private Limited?

    The Official website of Newage Concepts India Private Limited is https://www.newage-concepts.com

  • What has been the recent revenue trend for Newage Concepts India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Newage Concepts India Private Limited has fallen by -9.41%.

  • What change has been observed in the net worth of Newage Concepts India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Newage Concepts India Private Limited has experienced an upsurge of 3.97%.

  • What are the total open charges for Newage Concepts India Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Newage Concepts India Private Limited amount to ₹ 11.48 Cr.

  • When was the last Balance Sheet of Newage Concepts India Private Limited filed with the ROC?

    The most recent Balance Sheet for Newage Concepts India Private Limited was filed with the ROC on 31 Mar 2023.

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