Nu-Way Engineering Private Limited

Wholesale trading of agricultural machinery, pumps, compressors, and power engines.

1988 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated: December 20, 2024

Nu-Way Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 36 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.52 Cr
  • Revenue Growth 53.77%
  • Profit Growth 120.14%
  • Ebitda 634.68%
  • Net Worth 29.55%
  • Total Assets 32.29%

About Nu-Way Engineering

Nu-Way Engineering Private Limited (NEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 November 1988 and has a history of 36 years and two months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

The Company is engaged in the Machinery And Equipment 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 2.50 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹9.52 Cr.

Vara Emandi, Shyama Emandi, and Kannan Kulathu serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nuwayengg.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74200AP1988PTC009325

  • Company No.

    009325

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Nov 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Machinery and Equipment

Who are the key members and board of directors at Nu-Way Engineering?

Executive Team (1)

NameDesignationAppointment DateStatus
Vara Emandi Country flag representing In Managing Director30-Nov-1988Current

Board Members (2)

NameDesignationAppointment DateStatus
Shyama Emandi Country flag representing In Director 30-Nov-1988Current
Kannan Kulathu Country flag representing In Director 12-Mar-1993Current

Financial Performance of Nu-Way Engineering.

Nu-Way Engineering Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 53.77% increase. The company also saw a substantial improvement in profitability, with a 120.14% increase in profit. The company's net worth Soared by an impressive increase of 29.55%.

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
53.77%
Revenue from Operations
55.42%
Total Assets
32.29%
Profit or Loss
120.14%
Net Worth
29.55%
EBITDA
634.68%

What is the Ownership and Shareholding Structure of Nu-Way Engineering?

In 2020, Nu-Way Engineering 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

₹95.24 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 4.39 Cr
  • Karnataka Bank Ltd. : 4.22 Cr
  • Karnataka Bank Limited : 0.75 Cr
  • The Karnataka Bank Limited : 0.16 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2022Others₹4.39 CrOpen
19 Aug 2020Karnataka Bank Ltd.₹4.70 MOpen
12 Apr 2017Karnataka Bank Ltd.₹7.50 MOpen
13 Nov 2014Karnataka Bank Limited₹5.00 MOpen
28 Jun 2010Karnataka Bank Limited₹2.50 MOpen

How Many Employees Work at Nu-Way Engineering?

Unlock and access historical data on people associated with Nu-Way Engineering, 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 Nu-Way Engineering, 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 Nu-Way Engineering'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 Nu-Way Engineering

Recent activity within the organization

  • Annual General Meeting

    Nu-Way Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Nu-Way Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 43.94 M with Charge ID 100525867 was registered on 18 Jan 2022.

    18 Jan 2022

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 4.70 M with Charge ID 100383570 was registered on 19 Aug 2020.

    19 Aug 2020

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 30.00 M registered on 18 Apr 1996 with Charge ID 90132242 was modified on 30 Sep 2019.

    30 Sep 2019

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 7.50 M with Charge ID 100097436 was registered on 12 Apr 2017.

    12 Apr 2017

Frequently asked questions

  • Nu-Way Engineering Private Limited was incorporated on 30 Nov 1988.

  • The authorized share capital of Nu-Way Engineering Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.

  • Currently 3 directors are associated with Nu-Way Engineering Private Limited.

    • Vara Prasad Emandi
    • Shyama Prasad Emandi
    • Kannan Kulathu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nu-Way Engineering Private Limited is P. No.84/7 S.No.64/P Industrial Develepment Area Block-D Autonagar Chinagantyada Gajuw Aka, India, Visakhapatnam, Andhra Pradesh, 530012.

  • The corporate identification number (CIN) of Nu-Way Engineering Private Limited is U74200AP1988PTC009325 and the company number is 009325 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nu-Way Engineering Private Limited is https://www.nuwayengg.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nu-Way Engineering Private Limited has risen by 53.77%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nu-Way Engineering Private Limited has experienced an upsurge of 29.55%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Nu-Way Engineering Private Limited amount to ₹ 9.52 Cr.

  • The most recent Balance Sheet for Nu-Way Engineering Private Limited was filed with the ROC on 31 Mar 2024.

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