Newtap Finance Private Limited

Provides financial market services as a registered NBFC since 1995.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated:

Newtap Finance Profile

Key Indicators

  • Authorised Capital ₹ 21.21 Cr
  • Paid Up Capital ₹ 7.83 Cr
  • Company Age 30 Year, 2 Months
  • 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 and two months. 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

Financial Services
Company report

Newtap Finance Private Limited

Explore comprehensive data for Newtap Finance Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Newtap Finance?

Board Members (3)

NameDesignationAppointment DateStatus
Rohan Naresh Country flag representing In Director 24-Dec-2021Current
Kunal Shah Country flag representing In Director 24-Dec-2021Current
Anand Jain Country flag representing In Director 01-Oct-2013Current

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%.

Newtap Finance revenue growth over time
Newtap Finance 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
949.07%
Revenue from Operations
22947.40%
Total Assets
447.24%
Profit or Loss
423.26%
Net Worth
43.06%
EBITDA
14290.73%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹864.50 Cr

Satisfied Charges

₹115.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 864.50 Cr

Latest Charge Details

DateLenderAmountStatus
26 Sep 2024Others₹10.00 CrOpen
26 Sep 2024Others₹10.00 CrOpen
25 Sep 2024Others₹100.00 CrOpen
28 Jun 2024Others₹15.00 CrOpen
27 Jun 2024Others₹12.00 CrOpen

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.

Employee growth trends for Newtap Finance Private Limited

Deals i

Graph showing company valuation over time

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

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 Newtap Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100990058 was registered on 26 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100990061 was registered on 26 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100991333 was registered on 25 Sep 2024.

  • Annual General Meeting

    Newtap Finance Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 27 Jul 2023 via Charge ID 100762950 with Others was fully satisfied on 19 Sep 2024.

  • Charges

    A charge registered on 30 Mar 2023 via Charge ID 100707560 with Others was fully satisfied on 13 Aug 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Newtap Finance Private Limited?

    Newtap Finance Private Limited was incorporated on 21 Feb 1995.

  • What is authorized share capital and paid-up capital of Newtap Finance Private Limited?

    The authorized share capital of Newtap Finance Private Limited is ₹ 21.21 Cr and paid-up capital is ₹ 7.83 Cr.

  • Who are the current board members & directors of Newtap Finance Private Limited?

    Currently 3 directors are associated with Newtap Finance Private Limited.

    • Kunal Naresh Shah
    • Rohan Shah Naresh
    • Anand Raj Jain

  • What is the registered address of Newtap Finance Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Newtap Finance Private Limited is Office 03A 102-B Wework (Enam Sambhav) C-20 G Block Rd Bkc Bandra Kurla Complex East, India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Newtap Finance Private Limited?

    The corporate identification number (CIN) of Newtap Finance Private Limited is U67120MH1995PTC085764 and the company number is 085764 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Newtap Finance Private Limited?

    The Official website of Newtap Finance Private Limited is https://www.newtap.in

  • What has been the recent revenue trend for Newtap Finance Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Newtap Finance Private Limited has risen by 949.07%.

  • What change has been observed in the net worth of Newtap Finance Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Newtap Finance Private Limited has experienced an upsurge of 43.06%.

  • What are the total open charges for Newtap Finance Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Newtap Finance Private Limited amount to ₹ 864.50 Cr.

  • When was the last Balance Sheet of Newtap Finance Private Limited filed with the ROC?

    The most recent Balance Sheet for Newtap Finance Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on NBFC