Newage Furniture Innovations Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.00 M
- Company Age 17 Year, 6 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 six 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
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 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%.
- 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 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.
Related Corporates (Common Directorship)
Kwality Polythreads Private LimitedRakshit Bhatia and Naveen Bhatia are mutual person
Charges (Loans)
₹24.50 M
₹37.40 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 2.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2011 | Hdfc Bank Limited | ₹2.45 Cr | Open |
| 06 Dec 2008 | Oriental Bank Of Commerce Limited | ₹5.00 M | Satisfied |
| 06 Dec 2008 | Oriental Bank Of Commerce Limited | ₹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
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.
