Newtap Finance Profile
Key Indicators
- Authorised Capital ₹ 21.21 Cr
- Paid Up Capital ₹ 7.83 Cr
- Company Age 30 Year, 2 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 864.50 Cr
- Satisfied Charges ₹ 115.00 Cr
- Revenue Growth 949.07%
- Profit Growth 423.26%
- Ebitda 14290.73%
- Net Worth 43.06%
- Total Assets 447.24%
About Newtap Finance
Newtap Finance Private Limited (NFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 February 1995 and has a history of 30 years. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Parfait Finance And Investments Private Limited. 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 21.21 Cr and a paid-up capital of Rs 7.83 Cr.
The company currently has active open charges totaling ₹864.50 Cr. The company has closed loans amounting to ₹115.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kunal Shah, Rohan Naresh, and Anand Jain serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U67120MH1995PTC085764
- Company No.
085764
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Feb 1995
- Date of AGM
20 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Newtap Finance?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohan Naresh  | Director | 24-Dec-2021 | Current |
| Kunal Shah | Director | 24-Dec-2021 | Current |
| Anand Jain | Director | 01-Oct-2013 | Current |
Financial Performance of Newtap Finance.
Newtap Finance Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 949.07% increase. The company also saw a substantial improvement in profitability, with a 423.26% increase in profit. The company's net worth Soared by an impressive increase of 43.06%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Newtap Finance?
In 2023, Newtap Finance had a promoter holding of 76.00% and a public holding of 24.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Cred FoundationKunal Shah and Rohan Naresh are mutual person
- Dreamplug Technologies Private Limited
Kunal Shah and Rohan Naresh are mutual person
Varank Tech Private LimitedKunal Shah and Rohan Naresh are mutual person
Charges (Loans)
₹864.50 Cr
₹115.00 Cr
Charges Breakdown by Lending Institutions
- Others : 864.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Sep 2024 | Others | ₹10.00 Cr | Open |
| 26 Sep 2024 | Others | ₹10.00 Cr | Open |
| 25 Sep 2024 | Others | ₹100.00 Cr | Open |
| 28 Jun 2024 | Others | ₹15.00 Cr | Open |
| 27 Jun 2024 | Others | ₹12.00 Cr | Open |
How Many Employees Work at Newtap Finance?
Unlock and access historical data on people associated with Newtap Finance, 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 Newtap Finance, 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 Newtap Finance'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.
