MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-OD-19-0034833
New Year Textile Private Limited
New Year Textile Private Limited - textile in Baleshwar, Odisha, India. Directors, charges & compliance details.
Revenue · FY 2023
₹4.56 Lakh
Latest filing
Net profit · FY 2023
₹6,502
Net margin 1.4%
EBITDA · FY 2023
₹72,007
EBITDA margin 15.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
Last financials
Mar 2023
Balance sheet date
About New Year Textile Private Limited
Data last updated:
New Year Textile Private Limited is a private limited company based in Baleshwar, Odisha, India. It operates in the manufacturing segment of the textiles sector. It was incorporated on 03 August 2022.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U17299OR2022PTC040445.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Tapan Kumar Sahu (Managing Director) and Shubhasmita Sahu.
Its last annual general meeting (AGM) was held on 31 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C/O – Debendra Sahu At/Po – Talapada Near Talapada Nodal School Vai – Gopalpur, Baleshwar, Odisha, India – 756044.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.56 Lakh. For the same year it recorded a net profit of ₹6,502 (net margin 1.4%) and EBITDA of ₹72,007 (EBITDA margin 15.8%).
New Year Textile Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0034833). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U17299OR2022PTC040445
Registration Number 040445
Incorporation Date 03 August 2022
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0034833
Recognitions & Rankings of New Year Textile
Contact details
New Year Textile Private Limited's registered office is in Baleshwar, Odisha.
- Registered AddressC/O – Debendra Sahu At/Po – Talapada Near Talapada Nodal School Vai – Gopalpur, Baleshwar, Odisha, India – 756044
- IndustryTextile, Manufacturing, Textile
Comprehensive company report
New Year Textile Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of New Year Textile is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of New Year Textile Private Limited, buy the company report.
Financials of New Year Textile Private Limited
FY 2023 filings availableNew Year Textile Private Limited reported revenue of ₹4.56 Lakh for FY 2023.
Revenue · FY 2023
₹4.56 Lakh
Net profit · FY 2023
₹6,502 margin 1.4%
EBITDA · FY 2023
₹72,007 margin 15.8%
Financial Statement Summary
| Metrics | FY 2022-23 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹72,007 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹6,502 |
| 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 2022-23 |
|---|---|
| Profitability | |
| EBITDA Margin | 15.8% |
| Net Profit Margin | 1.4% |
| 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 Year Textile Private Limited, buy the company report.
Board of directors of New Year Textile Private Limited
New Year Textile has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tapan Kumar Sahu | Managing Director | 03 Aug 2022 | 4 Years 2 Months | Current |
| Shubhasmita Sahu | Director | 03 Aug 2022 | 4 Years 2 Months | Current |
Peer comparison
New Year Textile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navya Textile Private Limited | ₹4.59 Lakh (FY 2021) | -69.0% | Dhule, Maharashtra, India | |||
| Bhima Suraj Spinners Private Limited | ₹4.58 Lakh (FY 2016) | -9.0% | Coimbatore, Tamil Nadu, India | |||
| Topfad Focus Apparels Private Limited | ₹4.57 Lakh (FY 2025) | -73.0% | Maranchery, Kerala, India | |||
| Saif International (Exports) Private Limited | ₹4.57 Lakh (FY 2024) | 94.0% | Chennai, Tamil Nadu, India | |||
| Dukaas Fabrics Private Limited | ₹4.57 Lakh (FY 2019) | 42.0% | Ahmedabad, Gujarat, India | |||
| New Year Textile Private Limitedthis company | ₹4.56 Lakh (FY 2023) | ₹6,502 | 1.4% | Baleshwar, Odisha, India | ||
| Vaivi Impex India Private Limited | ₹4.54 Lakh (FY 2017) | Himmatnagar, Gujarat, India | ||||
| Kiran Texcreations Private Limited | ₹4.54 Lakh (FY 2025) | -86.0% | Jodhpur, Rajasthan, India | |||
| Dariyav Fashions Private Limited | ₹4.53 Lakh (FY 2018) | New Delhi, Delhi, India | ||||
| Imperial Nets Private Limited | ₹4.52 Lakh (FY 2025) | 309.0% | New Delhi, Delhi, India | |||
| Kamal Fabrics Exports Private Limited | ₹4.52 Lakh (FY 2024) | 56.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of New Year Textile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving New Year Textile 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 Year Textile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for New Year Textile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Year Textile Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Shubhasmita Sahu was appointed as Director on 03 Aug 2022.
AGM
New Year Textile Private Limited last Annual general meeting of members was held on 31 Dec 2023 as per latest MCA records.
Filing
New Year Textile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Cuttack.
Appointed
Shubhasmita Sahu was appointed as Director.
Appointed
Tapan Kumar Sahu was appointed as Managing Director.
Incorporation
03 Aug 2022
New Year Textile Private Limited was registered on 03 Aug 2022 with Roc Cuttack & aged 4 years 2 months as per MCA records.
Frequently asked questions
New Year Textile is an active private limited company based in Baleshwar, Odisha, India. The company works in manufacturing, within the textile industry. It was incorporated on 03 August 2022 (4+ years old) and is registered under CIN U17299OR2022PTC040445.
New Year Textile has 2 current directors:
- Tapan Kumar Sahu - Managing Director
- Shubhasmita Sahu - Director
The latest financial statements of New Year Textile on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 December 2023. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of New Year Textile is U17299OR2022PTC040445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Year Textile was incorporated on 03 August 2022, making it 4+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of New Year Textile by revenue are Navya Textile Private Limited, Bhima Suraj Spinners Private Limited, Topfad Focus Apparels Private Limited, Saif International (Exports) Private Limited, Dukaas Fabrics Private Limited and 5 more, all in the same principal business activity (textile, leather and other apparel products).
Shubhasmita Sahu was appointed as Director on 03 Aug 2022. Tapan Kumar Sahu was appointed as Managing Director on 03 Aug 2022.
Yes, New Year Textile is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0034833).
The registered office of New Year Textile is at CO – Debendra Sahu AtPo – Talapada Near Talapada Nodal School Vai – Gopalpur, Baleshwar, Odisha, India – 756044.
New Year Textile operates in the textile industry, in the manufacturing segment.
The compliance status of New Year Textile is compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.