New Turn Innovation Studios Private Limited
About New Turn Innovation Studios Private Limited
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New Turn Innovation Studios Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 15 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2018PTC306544. Its GSTIN is 27AAFCN9822R1ZL (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Humaid Shaikh and Tabassum Rijwan Shaikh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at H No. 168/003/R No 401; Devshree Heights ;Sec – 30D ; Gothv, Thane, Maharashtra, India – 400701.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.01 Lakh, a decline of 81% compared to the previous year. For the same year it recorded a net loss of ₹62,770 (net margin -61.9%) and EBITDA of ₹64,084 (EBITDA margin 63.2%).
Company details
Contact details
New Turn Innovation Studios Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressH No. 168/003/R No 401; Devshree Heights ;Sec – 30D ; Gothv, Thane, Maharashtra, India – 400701
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of New Turn Innovation Studios 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 Turn Innovation Studios Private Limited
FY 2023 filings availableNew Turn Innovation Studios Private Limited reported revenue of ₹1.01 Lakh (down 81% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 81% in the latest year. EBITDA fell 77% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.01 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹64,084 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹62,770 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 63.2% | ||
| Net Profit Margin | -61.9% | ||
| Return on Equity (ROE) | |||
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| Return on Assets (ROA) | |||
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To see the full financial statements and ratios of New Turn Innovation Studios Private Limited, buy the company report.
Board of directors of New Turn Innovation Studios Private Limited
New Turn Innovation Studios has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Humaid Shaikh | Director | 11 Mar 2023 | 3 Years 7 Months | Current |
| Tabassum Rijwan Shaikh Also directs: Raabta Agro Foods Private Limited | Director | 15 Mar 2018 | 8 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving New Turn Innovation Studios Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New Turn Innovation Studios Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Turn Innovation Studios has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN9822R1ZL | Maharashtra | Active | 15 May 2018 |
To see the full GST registrations and return filing status of New Turn Innovation Studios Private Limited, buy the company report.
Recent activity
New Turn Innovation Studios Private Limited has 4 board changes on record since 2018: 2 appointments and 2 cessations. The latest: Humaid Shaikh ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
New Turn Innovation Studios is an active private limited company based in Thane, Maharashtra, India. The company works in other services, within the business services industry. It was incorporated on 15 March 2018 (8+ years old) and is registered under CIN U74994MH2018PTC306544.
New Turn Innovation Studios has 2 current directors:
- Humaid Shaikh - Director
- Tabassum Rijwan Shaikh - Director
The latest financial statements of New Turn Innovation Studios on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of New Turn Innovation Studios is 27AAFCN9822R1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of New Turn Innovation Studios is U74994MH2018PTC306544. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Turn Innovation Studios was incorporated on 15 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Humaid Shaikh ceased to be Additional Director on 29 Sep 2023. Bharati Mohanlal Rokade ceased to be Director on 20 Mar 2023. Humaid Shaikh was appointed as Director on 11 Mar 2023. New Turn Innovation Studios has 4 board changes on record in total.
The registered office of New Turn Innovation Studios is at H No. 168003R No 401; Devshree Heights ;Sec – 30D ; Gothv, Thane, Maharashtra, India – 400701.
New Turn Innovation Studios operates in the business services industry, in the other services segment.
New Turn Innovation Studios can be reached at its registered office: H No. 168003R No 401; Devshree Heights ;Sec – 30D ; Gothv, Thane, Maharashtra, India – 400701.