Northway Spaces Limited

Develops residential and commercial complexes, including homes, apartments, and commercial facilities.

2007 | Vadodara, Gujarat (India) | Active
Last Updated:

Northway Spaces Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 4.68 Cr
  • Company Age 18 Year, 2 Months
  • Last Filing with ROC 31 Mar 2017
  • Open Charges ₹ 116.75 Cr
  • Satisfied Charges ₹ 9.50 Cr
  • Revenue Growth 43.95%
  • Profit Growth 100.19%
  • Ebitda 877.79%
  • Net Worth 0.26%
  • Total Assets -1.85%

About Northway Spaces

Northway Spaces Limited (NSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 13 March 2007 and has a history of 18 years and two months. Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Diamond Power Infrastructure Development Company Private Limited. The Company is engaged in the Real Estate And Construction Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2017. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 4.68 Cr.

The company currently has active open charges totaling ₹116.75 Cr. The company has closed loans amounting to ₹9.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sangram Barot, Navnitbhai Rudani, and Jigneshbhai Kotadiya serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U70106GJ2007PLC050205

  • Company No.

    050205

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 2007

  • Date of AGM

    30 Sep 2017

  • Date of Balance Sheet

    31 Mar 2017

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Real Estate and Construction
Company report

Northway Spaces Limited

Explore comprehensive data for Northway Spaces Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Northway Spaces?

Board Members (3)

NameDesignationAppointment DateStatus
Sangram Barot Country flag representing In Director 20-Jan-2021Current
Navnitbhai Rudani Country flag representing In Director 20-Jan-2021Current
Jigneshbhai Kotadiya Country flag representing In Director 20-Jan-2021Current

Financial Performance of Northway Spaces.

Northway Spaces Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 43.95% increase. The company also saw a substantial improvement in profitability, with a 100.19% increase in profit. The company's net worth moved up by a moderate rise of 0.26%.

Northway Spaces revenue growth over time
Northway Spaces 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
43.95%
Revenue from Operations
44.14%
Total Assets
-1.85%
Profit or Loss
100.19%
Net Worth
0.26%
EBITDA
877.79%

What is the Ownership and Shareholding Structure of Northway Spaces?

In 2017, Northway Spaces 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

₹116.75 Cr

Satisfied Charges

₹9.50 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 80.00 Cr
  • Sicom Limited : 36.75 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2013Axis Bank Limited₹40.00 CrOpen
19 Sep 2013Axis Bank Limited₹40.00 CrOpen
28 Mar 2012Sicom Limited₹6.75 CrOpen
28 Mar 2012Sicom Limited₹10.00 CrOpen
28 Mar 2012Sicom Limited₹20.00 CrOpen

How Many Employees Work at Northway Spaces?

Northway Spaces has a workforce of 32 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Northway Spaces Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Northway Spaces, 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 Northway Spaces'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 Northway Spaces

Recent activity within the organization

  • Director Appointment

    Sangram Jayraj Barot was appointed as a Director was appointed as a Director on 20 Jan 2021 & has been associated with this company since 4 years 3 months .

  • Director Appointment

    Navnitbhai Balubhai Rudani was appointed as a Director was appointed as a Director on 20 Jan 2021 & has been associated with this company since 4 years 3 months .

  • Director Appointment

    Jigneshbhai Nalinbhai Kotadiya was appointed as a Director was appointed as a Director on 20 Jan 2021 & has been associated with this company since 4 years 3 months .

  • Annual General Meeting

    Northway Spaces Limited last Annual general meeting of members was held on 30 Sep 2017 as per latest MCA records.

  • Balance Sheet

    Northway Spaces Limited has filed its annual Financial statements for the year ended 31 Mar 2017 with Roc Ahmedabad.

  • Charges

    A charge registered on 30 Aug 2013 via Charge ID 10454622 with Corporation Bank was fully satisfied on 11 May 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Northway Spaces Limited?

    Northway Spaces Limited was incorporated on 13 Mar 2007.

  • What is authorized share capital and paid-up capital of Northway Spaces Limited?

    The authorized share capital of Northway Spaces Limited is ₹ 15.00 Cr and paid-up capital is ₹ 4.68 Cr.

  • Who are the current board members & directors of Northway Spaces Limited?

    Currently 3 directors are associated with Northway Spaces Limited.

    • Sangram Jayraj Barot
    • Navnitbhai Balubhai Rudani
    • Jigneshbhai Nalinbhai Kotadiya

  • What is the registered address of Northway Spaces Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Northway Spaces Limited is 5/9-10 Essen House Bidc, Gorwa India, Vadodara, Gujarat, 390016.

  • What is the corporate identification number (CIN) and company number of Northway Spaces Limited?

    The corporate identification number (CIN) of Northway Spaces Limited is U70106GJ2007PLC050205 and the company number is 050205 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Northway Spaces Limited?

    The Official website of Northway Spaces Limited is https://www.mayfairspaces.com

  • What has been the recent revenue trend for Northway Spaces Limited?

    According to the financial reports for the fiscal year 2017, the revenue trend for Northway Spaces Limited has risen by 43.95%.

  • How many employees does Northway Spaces Limited currently have?

    As Per 2017 financial reports, 32 employees are currently employed by Northway Spaces Limited.

  • What change has been observed in the net worth of Northway Spaces Limited, and by what percentage?

    The financial reports for the fiscal year 2017 indicates that The net worth of Northway Spaces Limited has experienced an upsurge of 0.26%.

  • What are the total open charges for Northway Spaces Limited?

    As per the financial statements for fiscal Year 2017, The total open charges for Northway Spaces Limited amount to ₹ 116.75 Cr.

  • When was the last Balance Sheet of Northway Spaces Limited filed with the ROC?

    The most recent Balance Sheet for Northway Spaces Limited was filed with the ROC on 31 Mar 2017.

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