Newaakash Scooters Private Limited

Newaakash Scooters Private Limited - automotive in Dhule, Maharashtra, India. FY 2026 financials & compliance.
CIN U74110MH2017PTC291586 Incorporated 23 February 2017 ROC Mumbai HQ Dhule, Maharashtra, India
Active Private Limited Company automotive MSME · Small
Data last updated
Revenue · FY 2024
₹17.22 Cr
▲ 12% YoY
Net profit · FY 2024
₹47.92 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹59.94 Lakh
EBITDA margin 3.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
10
Provident fund records
Directors on board
2
As per MCA filings

About Newaakash Scooters Private Limited

Data last updated:

Newaakash Scooters Private Limited is a private limited company based in Dhule, Maharashtra, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 23 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2017PTC291586. Its GSTIN is 27AAFCN5078H1Z6 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avinash Kashinath Lokhande and Ajay Kashinath Lokhande.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 7 Navrang Colony, Dhule, Maharashtra, India – 424002.

As per the financials filed for FY 2024, the company reported a revenue of ₹17.22 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹47.92 Lakh (net margin 2.8%) and EBITDA of ₹59.94 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 37% over three years and 39% over five years.

The company has about 10 employees on its provident fund (EPFO) records.

Newaakash Scooters Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-09-0002400). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74110MH2017PTC291586
Registration Number 291586
Incorporation Date 23 February 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-09-0002400

CIN history

Newaakash Scooters has one previous CIN (Corporate Identification Number): U50500MH2017PTC291586. The current CIN is U74110MH2017PTC291586, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74110MH2017PTC291586Current
U50500MH2017PTC291586Previous

Recognitions & Rankings of Newaakash Scooters

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-09-0002400

Contact details

Newaakash Scooters Private Limited's registered office is in Dhule, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    7 Navrang Colony, Dhule, Maharashtra, India – 424002
  • Industry
    Automotive, Auto Dealership & Trading

To see the full contact details of Newaakash Scooters Private Limited, buy the company report.

Comprehensive company report
Newaakash Scooters 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 Newaakash Scooters is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Newaakash Scooters Private Limited, buy the company report.

Financials of Newaakash Scooters Private Limited

FY 2024 filings available

Newaakash Scooters Private Limited reported revenue of ₹17.22 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹17.22 Cr ▲ 12%
Net profit · FY 2024
₹47.92 Lakh margin 2.8%
EBITDA · FY 2024
₹59.94 Lakh margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 37%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 49%
5 years · compounded
▲ 49%

Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 12% growth in the latest year. EBITDA rose 24% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹59.94 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹47.92 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.5%
Net Profit Margin2.8%
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 Newaakash Scooters Private Limited, buy the company report.

Board of directors of Newaakash Scooters Private Limited

Newaakash Scooters has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Avinash Kashinath LokhandeDirector23 Apr 20197 Years 6 MonthsCurrent
Ajay Kashinath LokhandeDirector23 Feb 20179 Years 8 MonthsCurrent

Peer comparison

Newaakash Scooters Private Limited is compared with the 5 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Swastik Wheelers Private Limited₹17.29 Cr (FY 2025)17.0%Kanpur, Uttar Pradesh, India
Sreejit Automotive Private Limited₹17.25 Cr (FY 2025)-21.0%Kolkata, West Bengal, India
Pankaj Autos Private Limited₹17.24 Cr (FY 2025)12.0%Ferozepur, Punjab, India
Newaakash Scooters Private Limitedthis company₹17.22 Cr (FY 2024)₹47.92 Lakh2.8%12.0%10Dhule, Maharashtra, India
Maanya Motorcycles Private Limited₹17.22 Cr (FY 2024)58.0%Hyderabad, Telangana, India
Rajvee Tractors Private Limited₹17.21 Cr (FY 2025)-22.0%Himatnagaar, Gujarat, India

To see the full peer comparison of Newaakash Scooters Private Limited, buy the company report.

Auditor

Newaakash Scooters Private Limited is audited by KRISHNAMURTHY JAIN AND SURYAWANSH for the financial year 2022.

Auditor firmFinancial yearFirm registration number
KRISHNAMURTHY JAIN AND SURYAWANSHFY 2022121014W

Shareholding

The shareholding of Newaakash Scooters Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Newaakash Scooters Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Newaakash Scooters Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Newaakash Scooters Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
10
Active EPFO establishments
1

GST

Newaakash Scooters has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAFCN5078H1Z6MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Newaakash Scooters Private Limited, buy the company report.

Recent activity

Newaakash Scooters Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Avinash Kashinath Lokhande was appointed as Director on 23 Apr 2019.

AGM
Newaakash Scooters Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Newaakash Scooters Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Appointed
Avinash Kashinath Lokhande was appointed as Director.
Ceased
Vaishali Ajay Lokhande ceased to be Director.
Appointed
Ajay Kashinath Lokhande was appointed as Director.
Incorporation
23 Feb 2017
Newaakash Scooters Private Limited was registered on 23 Feb 2017 with Roc Mumbai Ii & aged 9 years 8 months as per MCA records.

Frequently asked questions

Newaakash Scooters is an active private limited company based in Dhule, Maharashtra, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 23 February 2017 (9+ years old) and is registered under CIN U74110MH2017PTC291586.

Newaakash Scooters has 2 current directors:

The latest financial statements of Newaakash Scooters on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Newaakash Scooters is 27AAFCN5078H1Z6, registered in Maharashtra.

The CIN (Corporate Identification Number) of Newaakash Scooters is U74110MH2017PTC291586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Newaakash Scooters was incorporated on 23 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Newaakash Scooters by revenue are Swastik Wheelers Private Limited, Sreejit Automotive Private Limited, Pankaj Autos Private Limited, Maanya Motorcycles Private Limited, Rajvee Tractors Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Avinash Kashinath Lokhande was appointed as Director on 23 Apr 2019. Vaishali Ajay Lokhande ceased to be Director on 23 Apr 2019. Ajay Kashinath Lokhande was appointed as Director on 23 Feb 2017.

Yes, Newaakash Scooters is registered as a small enterprise under Udyam registration (number: UDYAM-MH-09-0002400).

The registered office of Newaakash Scooters is at 7 Navrang Colony, Dhule, Maharashtra, India – 424002.

Newaakash Scooters operates in the automotive industry, in the auto dealership and trading segment.