Newage Furniture Innovations Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 05-07-2024
- Paid Up Capital ₹ 5.00 M
as on 05-07-2024
- Company Age 17 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.45 Cr
as on 05-07-2024
- Satisfied Charges ₹ 3.74 Cr
as on 05-07-2024
- Revenue -50.00%
(FY 2022)
- Profit 319.36%
(FY 2022)
- Ebitda 65.02%
(FY 2022)
- Net Worth 8.41%
(FY 2022)
- Total Assets -20.03%
(FY 2022)
About Newage Furniture Innovations
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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹2.45 Cr. The company has closed loans amounting to ₹3.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rakshit Bhatia and Naveen Bhatia serve as directors at the Company.
- CIN/LLPIN
U20221DL2007PTC166682
- Company No.
166682
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Aug 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
New Delhi, Delhi, India
- Telephone
- Email Address
- Website
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- Social Media-
What products or services does Newage Furniture Innovations Private Limited offer?
Newage Furniture Innovations Private Limited offers a wide range of products and services, including Wooden, Bamboo and Cane Furniture, Wood Chair & Stool.
Who are the key members and board of directors at Newage Furniture Innovations?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rakshit Bhatia  | Director | 06-Aug-2007 | Current |
| Naveen Bhatia | Director | 06-Aug-2007 | Current |
Financial Performance of Newage Furniture Innovations.
Newage Furniture Innovations Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 50% decrease. The company also saw a substantial improvement in profitability, with a 319.36% increase in profit. The company's net worth moved up by a moderate rise of 8.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Newage Furniture Innovations?
In 2021, Newage Furniture Innovations 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)
Kwality Polythreads Private LimitedActive 20 years 9 monthsRakshit Bhatia and Naveen Bhatia are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 29 Jul 2011 | ₹2.45 Cr | Open |
Oriental Bank Of Commerce Limited Creation Date: 06 Dec 2008 | ₹5.00 M | Satisfied |
Oriental Bank Of Commerce Limited Creation Date: 06 Dec 2008 | ₹3.24 Cr | Satisfied |
How Many Employees Work at Newage Furniture Innovations?
Unlock and access historical data on people associated with Newage Furniture Innovations, 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 Furniture Innovations, 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 Furniture Innovations's trajectory.
Rating
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Alerts
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