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Newspace India Profile
Key Indicators
- Authorised Capital ₹ 7,500.00 Cr
- Paid Up Capital ₹ 5,607.60 Cr
- Company Age 5 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 69.79%
- Profit Growth 36.16%
- Ebitda 14.39%
- Net Worth 358.21%
- Total Assets 15.31%
About Newspace India
Newspace India Limited (NIL) is a Private Limited Union Government Company incorporated in India on 06 March 2019 (Five years and 11 months 26 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology 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 7,500.00 Cr and a paid-up capital of Rs 5,607.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Newspace India Limited India is Shanmuga Priya as COMPANY SECRETARY. Radha Aryasomayajula, Surender Mehra, Subramanyam Manchikanti, and Three other members serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999KA2019GOI122175
- Company No.
122175
- Company Classification
Private Limited Union Government Company
- Incorporation Date
06 Mar 2019
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Newspace India?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Shanmuga Priya ![]() | Company Secretary | 10-Mar-2023 | Current |
Radhakrishnan Durairaj ![]() | Managing Director | 06-Mar-2019 | Current |
Board Members (5)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Radha Aryasomayajula ![]() | Whole-Time Director | 05-Jun-2024 | Current |
Surender Mehra ![]() | Nominee Director | 25-Mar-2024 | Current |
Subramanyam Manchikanti ![]() | Nominee Director | 17-Mar-2022 | Current |
Uma Sekhar ![]() | Nominee Director | 16-Dec-2021 | Current |
Annamalai Arunachalam ![]() | Whole-Time Director | 01-Aug-2021 | Current |
Financial Performance of Newspace India.
Newspace India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 69.79% increase. The company also saw a substantial improvement in profitability, with a 36.16% increase in profit. The company's net worth Soared by an impressive increase of 358.21%.
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- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Newspace India?
In 2023, Newspace India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Related Corporates (Common Directorship)
- Antrix Corporation Limited
Subramanyam Manchikanti is a mutual person
Charges (Loans)
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There are no open charges registered against the company as per our records.
How Many Employees Work at Newspace India?
Unlock and access historical data on people associated with Newspace India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
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Deals i
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Gain comprehensive insights into the Deals and Valuation data of Newspace 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 Newspace India's trajectory.
Rating
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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
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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 Newspace India
Recent activity within the organization
- Annual General Meeting
Newspace India Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
26 Sep 2024
- Director Appointment
Radha Krishna Aryasomayajula was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 05 Jun 2024 & has been associated with this company since 8 months 25 days .
05 Jun 2024
- Balance Sheet
Newspace India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
31 Mar 2024
- Director Appointment
Surender Mehra was appointed as a Nominee Director was appointed as a Nominee Director on 25 Mar 2024 & has been associated with this company since 11 months 6 days .
25 Mar 2024
- Director Appointment
Shanmuga Priya was appointed as a Company Secretary was appointed as a Company Secretary on 10 Mar 2023 & has been associated with this company since 1 year 11 months .
10 Mar 2023
- Director Appointment
Subramanyam Manchikanti was appointed as a Nominee Director was appointed as a Nominee Director on 17 Mar 2022 & has been associated with this company since 2 years 11 months .
17 Mar 2022
Recent News, Updates & Announcement
- NewSpace India und SAB Launch Services unterzeichnen Vereinbarung über Startdienste, um Cubesat auf PSLV-Mission zu fliegen.
Die Vereinbarung konzentriert sich auf den Start eines 17-kg-Satelliten im zweiten Quartal 2024 und schafft gleichzeitig die Grundlage für eine.......
- NSIL of ISRO To Partner Indian Pvt Cos. for Manufacturing the Heaviest Launcher LVM-3, Under PPP Partnership.
NewSpace India Limited (NSIL) and ISRO convene Stakeholders’ Conference for manufacturing the Heaviest Launcher LVM-3 of ISRO, under a PPP p....
- PM Modi's Squad Approves MoU with Another Country: A Major Step for India.
When PM Modi and his squad approved the MoU between India and some other country. #BossMoves #MoUApproved #PMModi #IndianGovernment.
Frequently asked questions
What is the Incorporation or founding date of Newspace India Limited?
Newspace India Limited was incorporated on 06 Mar 2019.
What is authorized share capital and paid-up capital of Newspace India Limited?
The authorized share capital of Newspace India Limited is ₹ 7,500.00 Cr and paid-up capital is ₹ 5,607.60 Cr.
Who are the current board members & directors of Newspace India Limited?
Currently 7 directors are associated with Newspace India Limited.
- Radha Krishna Aryasomayajula
- Shanmuga Priya
- Surender Mehra
- Subramanyam Manchikanti
- Uma Sekhar
- Annamalai Arunachalam
- Radhakrishnan Durairaj
What is the registered address of Newspace India Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Newspace India Limited is Isro Hq Campus New Bel Road, India, Bangalore North, Karnataka, 560094.
What is the corporate identification number (CIN) and company number of Newspace India Limited?
The corporate identification number (CIN) of Newspace India Limited is U74999KA2019GOI122175 and the company number is 122175 as per Ministry of Corporate Affairs (MCA).
What is the official website of Newspace India Limited?
The Official website of Newspace India Limited is https://www.nsilindia.co.in
What has been the recent revenue trend for Newspace India Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Newspace India Limited has risen by 69.79%.
What change has been observed in the net worth of Newspace India Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Newspace India Limited has experienced an upsurge of 358.21%.
When was the last Balance Sheet of Newspace India Limited filed with the ROC?
The most recent Balance Sheet for Newspace India Limited was filed with the ROC on 31 Mar 2024.
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