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Nayasale Retail Private Limited - information technology in Kochi, Kerala, India. Directors, charges & compliance details.
Revenue · FY 2020
₹6.96 Cr
▲ 8407% YoY
Net profit · FY 2020
₹21.53 Lakh
Net margin 3.1%
EBITDA · FY 2020
₹17.66 Lakh
EBITDA margin 2.5%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹9 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Nayasale Retail Private Limited
Data last updated:
Nayasale Retail Private Limited was a private limited company based in Kochi, Kerala, 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 computer and IT-related services segment of the technology and IT services sector. It was incorporated on 26 July 2018.
The company was registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2018PTC054153. Its GSTIN is 32AAGCN1496C1ZQ (Kerala).
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9 Lakh. It was led by directors including Shanoop Sivadas and Subhash Sasidharakurup.
Its last annual general meeting (AGM) was held on 25 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Tslg 17 Ground Floor Gold Souk Grande, Kochi, Kerala, India – 682001.
As per the financials filed for FY 2020, the company reported a revenue of ₹6.96 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.53 Lakh (net margin 3.1%) and EBITDA of ₹17.66 Lakh (EBITDA margin 2.5%).
The company was associated with 1 brand: Watasale.
The last known website on record is watasale.com.
Company details
CIN U72900KL2018PTC054153
Registration Number 054153
Incorporation Date 26 July 2018
ROC Ernakulam
Listing Status Unlisted
Company Status Struck Off
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Nayasale Retail
Contact details
Nayasale Retail Private Limited's registered office is in Kochi, Kerala. Its website is watasale.com. Its e-mail address is in the company report.
- Email
- Website
- Apps
- Registered AddressTslg 17 Ground Floor Gold Souk Grande, Kochi, Kerala, India – 682001
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Nayasale Retail Private Limited, buy the company report.
Comprehensive company report
Nayasale Retail 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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Brands
Nayasale Retail operates one associated brand: Watasale. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Automated AI-based retail stores and smart cashier solutions are provided. | watasale.com |
Financials of Nayasale Retail Private Limited
FY 2021 filings availableNayasale Retail Private Limited reported revenue of ₹6.96 Cr (up 8407% YoY) for FY 2020.
Revenue · FY 2020
₹6.96 Cr ▲ 8407%
Net profit · FY 2020
₹21.53 Lakh margin 3.1%
EBITDA · FY 2020
₹17.66 Lakh margin 2.5%
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹6.96 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹17.66 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹21.53 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 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 2.5% | |
| Net Profit Margin | 3.1% | |
| 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 Nayasale Retail Private Limited, buy the company report.
Board of directors of Nayasale Retail Private Limited
Nayasale Retail has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shanoop Sivadas Also directs: Teranova Initiatives Private Limited | Director | 26 Jul 2018 | 8 Years 3 Months | As last reported |
| Subhash Sasidharakurup | Director | 26 Jul 2018 | 8 Years 3 Months | As last reported |
| Richu Jose Also directs: Xapien Innovatus Private Limited | Director | 26 Jul 2018 | 8 Years 3 Months | As last reported |
Legal cases
No court or tribunal cases involving Nayasale Retail 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 Nayasale Retail Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nayasale Retail has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAGCN1496C1ZQ | Kerala | Active | 27 Sep 2018 |
To see the full GST registrations and return filing status of Nayasale Retail Private Limited, buy the company report.
Recent activity
Nayasale Retail Private Limited has 5 board changes on record since 2018: 3 appointments and 2 cessations. The latest: Dileep Eipe Jacob ceased to be Director on 20 Dec 2021.
Ceased
Dileep Eipe Jacob ceased to be Director.
Ceased
Vinci George Mathews ceased to be Director.
AGM
Nayasale Retail Private Limited last Annual general meeting of members was held on 25 Nov 2021 as per latest MCA records.
Filing
Nayasale Retail Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ernakulam.
Appointed
Richu Jose was appointed as Director.
Appointed
Shanoop Sivadas was appointed as Director.
Appointed
Subhash Sasidharakurup was appointed as Director.
Incorporation
26 Jul 2018
Nayasale Retail Private Limited was registered on 26 Jul 2018 with Roc Ernakulam & aged 8 years 3 months as per MCA records.
Frequently asked questions
Nayasale Retail 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.
Nayasale Retail was a private limited company based in Kochi, Kerala, India. The company worked in other computer related activities, within the information technology industry. It was incorporated on 26 July 2018 and is registered under CIN U72900KL2018PTC054153. The company has been struck off by the Registrar of Companies and is no longer operational.
Nayasale Retail had 3 directors:
- Shanoop Sivadas - Director
- Subhash Sasidharakurup - Director
- Richu Jose - Director
The CIN (Corporate Identification Number) of Nayasale Retail is U72900KL2018PTC054153. 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 Nayasale Retail is at Tslg 17 Ground Floor Gold Souk Grande, Kochi, Kerala, India – 682001.
Nayasale Retail was incorporated on 26 July 2018. It is registered with the Registrar of Companies, Ernakulam.
Yes, Nayasale Retail is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Nayasale Retail can be reached through the website watasale.com. Its registered office is in Kochi, Kerala, India.
The latest financial statements of Nayasale Retail on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 25 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Nayasale Retail is 32AAGCN1496C1ZQ, registered in Kerala.
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