Next2New Vehicles Private Limited

Provides services for buying, selling, and exporting old cars and vehicles.

2019 | Delhi (India) | Active
Last Updated: January 19, 2025

Next2New Vehicles Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 1.00 K
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 177.00 Cr
  • Revenue Growth 15.75%
  • Profit Growth -43.31%
  • Ebitda 34.56%
  • Net Worth 45.03%
  • Total Assets -96.75%

About Next2New Vehicles

Next2new Vehicles Private Limited (NVPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 June 2019 (Five years and seven months 21 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 1.00 K .

The company has closed loans amounting to ₹177.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Krishnan Narayanswamy and Reddappa serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U50400DL2019PTC351362

  • Company No.

    351362

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Jun 2019

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

Who are the key members and board of directors at Next2New Vehicles?

Board Members (2)

Name Designation Appointment Date Status
Krishnan Narayanswamy Country flag representing In Director Current
Reddappa Country flag representing In Director Current

Financial Performance of Next2New Vehicles.

Next2New Vehicles Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.75% increase. The company also saw a substantial fall in profitability, with a 43.31% decrease in profit. The company's net worth Soared by an impressive increase of 45.03%.

Graph illustrating revenue growth over time
Graph showing 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
15.75%
Revenue from Operations
19.28%
Total Assets
-96.75%
Profit or Loss
-43.31%
Net Worth
45.03%
EBITDA
34.56%

What is the Ownership and Shareholding Structure of Next2New Vehicles?

In 2023, Next2New Vehicles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹1,770.00 M

Charges Breakdown by Lending Institutions

  • Others : 137.50 Cr
  • Hdfc Bank Limited : 17.00 Cr
  • Axis Bank Limited : 12.50 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

Date Lender Amount Status
02 Aug 2022 Hdfc Bank Limited ₹17.00 Cr Satisfied
10 Jun 2022 Others ₹20.00 Cr Satisfied
25 Mar 2022 Yes Bank Limited ₹10.00 Cr Satisfied
09 Mar 2022 Axis Bank Limited ₹12.50 Cr Satisfied
07 Dec 2021 Others ₹25.00 Cr Satisfied

How Many Employees Work at Next2New Vehicles?

Unlock and access historical data on people associated with Next2New Vehicles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Next2New Vehicles, 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 Next2New Vehicles'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 Next2New Vehicles

Recent activity within the organization

  • Annual General Meeting

    Next2New Vehicles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 10 Jun 2022 via Charge ID 100588330 with Others was fully satisfied on 15 Apr 2023.

    15 Apr 2023

  • Balance Sheet

    Next2New Vehicles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge registered on 02 Aug 2022 via Charge ID 100608246 with Hdfc Bank Limited was fully satisfied on 08 Mar 2023.

    08 Mar 2023

  • Charges

    A charge registered on 14 Oct 2020 via Charge ID 100393257 with Others was fully satisfied on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge registered on 04 Feb 2021 via Charge ID 100419195 with Others was fully satisfied on 18 Jan 2023.

    18 Jan 2023

Frequently asked questions

  • Next2New Vehicles Private Limited was incorporated on 14 Jun 2019.

  • The authorized share capital of Next2New Vehicles Private Limited is ₹ 0.10 M and paid-up capital is ₹ 1.00 K .

  • Currently 2 directors are associated with Next2New Vehicles Private Limited.

    • Krishnan Narayanswamy
    • Reddappa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Next2New Vehicles Private Limited is A-54 Basement Gulmohar Park India, New Delhi, 110049.

  • The corporate identification number (CIN) of Next2New Vehicles Private Limited is U50400DL2019PTC351362 and the company number is 351362 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Next2New Vehicles Private Limited has risen by 15.75%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Next2New Vehicles Private Limited has experienced an upsurge of 45.03%.

  • The most recent Balance Sheet for Next2New Vehicles Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Auto Dealership & Trading