Newage Furniture Innovations Private Limited

Manufacturer of innovative furniture for homes, offices, and commercial spaces.

2007 | Delhi (India) | Active
Last Updated:

Newage Furniture Innovations Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 17 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.45 Cr
  • Satisfied Charges ₹ 3.74 Cr
  • Revenue Growth -3.88%
  • Profit Growth 16.12%
  • Ebitda -149.28%
  • Net Worth 19.10%
  • Total Assets -7.24%

About Newage Furniture Innovations

Newage Furniture Innovations Private Limited (NFIPL) is a Private Limited Indian Non-Government Company incorporated in India on 06 August 2007 and has a history of 17 years and nine 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.00 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.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U20221DL2007PTC166682

  • Company No.

    166682

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 2007

  • Date of AGM

    10 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables
Metals and Minerals
Manufacturing

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.

Company report

Newage Furniture Innovations Private Limited

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

Who are the key members and board of directors at Newage Furniture Innovations?

Board Members (2)

NameDesignationAppointment DateStatus
Rakshit Bhatia Country flag representing In Director 06-Aug-2007Current
Naveen Bhatia Country flag representing In Director 06-Aug-2007Current

Financial Performance of Newage Furniture Innovations.

Newage Furniture Innovations Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 3.88% decrease. The company also saw a substantial improvement in profitability, with a 16.12% increase in profit. The company's net worth Soared by an impressive increase of 19.1%.

Newage Furniture Innovations revenue growth over time
Newage Furniture Innovations 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
-3.88%
Revenue from Operations
-100.00%
Total Assets
-7.24%
Profit or Loss
16.12%
Net Worth
19.10%
EBITDA
-149.28%

What is the Ownership and Shareholding Structure of Newage Furniture Innovations?

Unlock access to Newage Furniture Innovations's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.50 M

Satisfied Charges

₹37.40 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.45 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2011Hdfc Bank Limited₹2.45 CrOpen
06 Dec 2008Oriental Bank Of Commerce Limited₹5.00 MSatisfied
06 Dec 2008Oriental Bank Of Commerce Limited₹3.24 CrSatisfied

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.

Employee growth trends for Newage Furniture Innovations Private Limited

Deals i

Graph showing company valuation over time

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

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 Furniture Innovations

Recent activity within the organization

  • Annual General Meeting

    Newage Furniture Innovations Private Limited last Annual general meeting of members was held on 10 Jun 2024 as per latest MCA records.

  • Balance Sheet

    Newage Furniture Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 24.50 M registered on 29 Jul 2011 with Charge ID 10308070 was modified on 11 Sep 2015.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 24.50 M with Charge ID 10308070 was registered on 29 Jul 2011.

  • Charges

    A charge registered on 06 Dec 2008 via Charge ID 10136873 with Oriental Bank Of Commerce Limited was fully satisfied on 09 Jul 2011.

  • Charges

    A charge registered on 06 Dec 2008 via Charge ID 10136961 with Oriental Bank Of Commerce Limited was fully satisfied on 09 Jul 2011.

Frequently asked questions

  • What is the Incorporation or founding date of Newage Furniture Innovations Private Limited?

    Newage Furniture Innovations Private Limited was incorporated on 06 Aug 2007.

  • What is authorized share capital and paid-up capital of Newage Furniture Innovations Private Limited?

    The authorized share capital of Newage Furniture Innovations Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Newage Furniture Innovations Private Limited?

    Currently 2 directors are associated with Newage Furniture Innovations Private Limited.

    • Rakshit Bhatia
    • Naveen Bhatia

  • What is the registered address of Newage Furniture Innovations Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Newage Furniture Innovations Private Limited is B-44 Mayapuri Industrial Area - Phase I India, New Delhi, 110064.

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

    The corporate identification number (CIN) of Newage Furniture Innovations Private Limited is U20221DL2007PTC166682 and the company number is 166682 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Newage Furniture Innovations Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Newage Furniture Innovations Private Limited has fallen by -3.88%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Newage Furniture Innovations Private Limited has experienced an upsurge of 19.10%.

  • What are the total open charges for Newage Furniture Innovations Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Newage Furniture Innovations Private Limited amount to ₹ 2.45 Cr.

  • When was the last Balance Sheet of Newage Furniture Innovations Private Limited filed with the ROC?

    The most recent Balance Sheet for Newage Furniture Innovations Private Limited was filed with the ROC on 31 Mar 2024.

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