About New Creation Information Technologies Private Limited
Data last updated:
New Creation Information Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consultancy services segment of the technology and IT services sector. It was incorporated on 29 January 2001.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2001PTC028530. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ashish Srikanth Raichur and Amy Siew Raichur.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at #75 1st Floor 14th Cross 1st Block R.T.Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2016, the company reported a revenue of ₹89,765, a decline of 93% compared to the previous year. For the same year it recorded a net loss of ₹42.21 Lakh and EBITDA of -₹41.89 Lakh.
The company was associated with 1 brand: New Creation Information Technologies.
The last known website on record is newcreationit.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address#75 1st Floor 14th Cross 1st Block R.T.Nagar, Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, Consultancy, Computer Programming
- 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
- One PDF report, delivered after checkout
Associated Brands with New Creation Information Technologies Private Limited
New Creation Information Technologies operates one associated brand: New Creation Information Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides healthcare IT solutions and services for improved medical operations. | newcreationit.com |
Business Activity of New Creation Information Technologies Private Limited
The main business activity of New Creation Information Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of New Creation Information Technologies Private Limited FY 2016 filings available
New Creation Information Technologies Private Limited reported revenue of ₹89,765 (down 93% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of New Creation Information Technologies Private Limited
Revenue fell 93% in the latest year. EBITDA fell 580% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of New Creation Information Technologies Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹89,765 | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | -₹41.89 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | -₹42.21 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 of New Creation Information Technologies Private Limited
| Metrics | 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of New Creation Information Technologies are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of New Creation Information Technologies Private Limited
New Creation Information Technologies has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Srikanth Raichur | Director | 29 Jan 2001 | 25 Years 8 Months | As last reported |
| Amy Siew Raichur | Director | 29 Jan 2001 | 25 Years 8 Months | As last reported |
Peer Comparison of New Creation Information Technologies Private Limited
New Creation Information Technologies Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Edward Global Consultants Private Limited | ₹90,000 (FY 2022) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Reditus Ventures Private Limited | ₹90,000 (FY 2023) | •••• | •••• | •••• | Satara, Maharashtra, India | |
| Active Sbox India Private Limited | ₹89,972 (FY 2024) | •••• | •••• | •••• | Jeyamangalam, Tamil Nadu, India | |
| Imuons Technologies Private Limited | ₹89,965 (FY 2017) | •••• | •••• | -86.0% | •••• | Pune, Maharashtra, India |
| Venba Ventures Private Limited | ₹89,846 (FY 2019) | •••• | •••• | 4.0% | •••• | Chennai, Tamil Nadu, India |
| New Creation Information Technologies Private Limited this company | ₹89,765 (FY 2016) | •••• | •••• | -93.0% | •••• | Bangalore, Karnataka, India |
| Iohub Smart Solutions India Private Limited | ₹89,750 (FY 2021) | •••• | •••• | •••• | Nanded, Maharashtra, India | |
| VMB Technosoft Private Limited | ₹89,606 (FY 2021) | •••• | •••• | -67.0% | •••• | Hyderabad, Telangana, India |
| Assistive Infotech (OPC) Private Limited | ₹89,004 (FY 2025) | •••• | •••• | -58.0% | •••• | Hyderabad, Telangana, India |
| Ace Agnitec Private Limited | ₹88,963 (FY 2025) | •••• | •••• | -46.0% | •••• | Bangalore, Karnataka, India |
| Imagine Systems and Solutions Private Limited | ₹88,858 (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below New Creation Information Technologies by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of New Creation Information Technologies Private Limited
New Creation Information Technologies Private Limited is audited by PETER JAYA RAO & CO. for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PETER JAYA RAO & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of New Creation Information Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of New Creation Information Technologies Private Limited
New Creation Information Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at New Creation Information Technologies Private Limited
New Creation Information Technologies Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on New Creation Information Technologies Private Limited
New Creation Information Technologies Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Lalit Kumar Raichur ceased to be Director on 31 Mar 2007.
Credit Ratings, Litigation & Regulatory Alerts for New Creation Information Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by New Creation Information Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of New Creation Information Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of New Creation Information Technologies Private Limited
New Creation Information Technologies has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of New Creation Information Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about New Creation Information Technologies Private Limited
New Creation Information Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
New Creation Information Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in consultancy, within the information technology industry. It was incorporated on 29 January 2001 and is registered under CIN U72900KA2001PTC028530. The company has been struck off by the Registrar of Companies and is no longer operational.
New Creation Information Technologies had 2 directors:
- Ashish Srikanth Raichur - Director
- Amy Siew Raichur - Director
The CIN (Corporate Identification Number) of New Creation Information Technologies is U72900KA2001PTC028530. 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 Creation Information Technologies is at #75 1st Floor 14th Cross 1st Block R.T.Nagar, Bangalore, Karnataka, India – 560032.
New Creation Information Technologies was incorporated on 29 January 2001. It is registered with the Registrar of Companies, Bangalore.
New Creation Information Technologies can be reached through the website newcreationit.com. Its registered office is in Bangalore, Karnataka, India.
New Creation Information Technologies reported revenue of ₹89,765 for FY 2016 (down 93% YoY).
New Creation Information Technologies has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
New Creation Information Technologies reported a net loss of ₹42.21 Lakh and EBITDA of -₹41.89 Lakh for FY 2016, as per its filed financial statements.
No. New Creation Information Technologies has 2 GST registrations on record and all of them are cancelled or inactive.