Newage Credits Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.86 Cr
- Company Age 30 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -40.00%
- Profit Growth -247.21%
- Ebitda -194.77%
- Net Worth -0.31%
- Total Assets -0.56%
About Newage Credits
Newage Credits Private Limited (NCPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 December 1994 and has a history of 30 years and two months. Its registered office is in Delhi, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.86 Cr, as per Ministry of Corporate Affairs (MCA) records.
Paresh Nayar and Varun Lakhwani serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U18100DL1994PTC063261
- Company No.
063261
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Dec 1994
- Date of AGM
10 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Newage Credits?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Paresh Nayar  | Director | 24-Apr-1995 | Current |
| Varun Lakhwani | Director | 25-Apr-2022 | Current |
Financial Performance of Newage Credits.
Newage Credits Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 40% decrease. The company also saw a substantial fall in profitability, with a 247.21% decrease in profit. The company's net worth dipped by a decrease of 0.31%.
- 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 Newage Credits?
In 2021, Newage Credits had a promoter holding of 98.07% and a public holding of 1.93%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kish Exports Private LimitedParesh Nayar is a mutual person
Ethinic Fashion LlpVarun Lakhwani is a mutual person
- Citizen Engineers Llp
Varun Lakhwani is a mutual person
- Kish Infotech Llp
Varun Lakhwani is a mutual person
- Varun Consultants Llp
Varun Lakhwani is a mutual person
- P V S Infotech Llp
Varun Lakhwani is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Newage Credits?
Unlock and access historical data on people associated with Newage Credits, 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 Newage Credits, 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 Credits'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.
