New Age Satellite Services Private Limited
About New Age Satellite Services Private Limited
Data last updated:
New Age Satellite Services Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been dissolved under section 54 as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the IT services segment of the services sector. It was incorporated on 10 January 1996.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1996PTC076493. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹31.4 Lakh. It was led by directors Lalit Kumar Parimoo and Rabi Paul.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 16 Netaji Subhas Road 4th Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2019, the company reported a revenue of ₹5.99 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹94.7 Lakh and EBITDA of -₹77.43 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Court records list 1 case involving the company, including 1 filed against it.
Company details
Contact details
New Age Satellite Services Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 Netaji Subhas Road 4th Floor, Kolkata, West Bengal, India – 700001
- IndustryService, Information Technology Services
To see the full contact details of New Age Satellite Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of New Age Satellite Services Private Limited
FY 2019 filings availableNew Age Satellite Services Private Limited reported revenue of ₹5.99 Lakh (down 9% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 9% fall in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.99 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹77.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹94.7 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of New Age Satellite Services Private Limited, buy the company report.
Board of directors of New Age Satellite Services Private Limited
New Age Satellite Services has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalit Kumar Parimoo | Director | 03 Oct 2008 | 18 Years 1 Months | As last reported |
| Rabi Paul Also directs: Apex Enterprises (India) Ltd, Burlington Finance Ltd., Amrit Sales Promotion Pvt. Ltd. and 2 more | Director | 25 Nov 2005 | 20 Years 11 Months | As last reported |
Auditor
New Age Satellite Services Private Limited is audited by Khandelwal & Jain Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandelwal & Jain Associates | FY 2017 | 105049W |
Shareholding
The shareholding of New Age Satellite Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of New Age Satellite Services Private Limited, buy the company report.
Legal cases
New Age Satellite Services Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Insolvency matter | Filed against the company by Arizona Global Services Private Limited | Disposed |
To see the full case history of New Age Satellite Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New Age Satellite Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
New Age Satellite Services has 2 associated companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
New Age Satellite Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of New Age Satellite Services Private Limited, buy the company report.
Recent activity
New Age Satellite Services Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Panchi Jain ceased to be Director on 21 Nov 2009.
Frequently asked questions
New Age Satellite Services has been "Dissolved Under Section 54" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
New Age Satellite Services was a private limited company based in Kolkata, West Bengal, India. The company worked in information technology services, within the service industry. It was incorporated on 10 January 1996 and is registered under CIN U51909WB1996PTC076493. The company is recorded as dissolved under section 54 in MCA records and no longer exists as a legal entity.
New Age Satellite Services was incorporated on 10 January 1996. It is registered with the Registrar of Companies, Kolkata.
New Age Satellite Services had 2 directors:
- Lalit Kumar Parimoo - Director
- Rabi Paul - Director
The CIN (Corporate Identification Number) of New Age Satellite Services is U51909WB1996PTC076493. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of New Age Satellite Services is at 16 Netaji Subhas Road 4th Floor, Kolkata, West Bengal, India – 700001.
The latest financial statements of New Age Satellite Services on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. New Age Satellite Services has 1 GST registration on record and it is cancelled or inactive.
New Age Satellite Services operated in the service industry, in the information technology services segment.
New Age Satellite Services has 1 court case on record: 1 filed against it.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
