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Neuway Innovations Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2020
₹33.39 Lakh
▼ 62% YoY
Net profit · FY 2020
₹1.04 Lakh
Net margin 3.1%
EBITDA · FY 2020
₹1.04 Lakh
EBITDA margin 3.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Neuway Innovations Private Limited
Data last updated:
Neuway Innovations Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 25 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC104974. Its GSTIN is 29AAFCN7160C1ZH (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Lalith Kumar and Dinesh Kumar.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at No.06 10th B Cross Jayswal Centre Khb Main Road Kanaka Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2020, the company reported a revenue of ₹33.39 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹1.04 Lakh (net margin 3.1%) and EBITDA of ₹1.04 Lakh (EBITDA margin 3.1%).
The company is associated with 1 brand: Neuway Innovations.
Neuway Innovations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0036562). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neuwayinnovations.com.
Company details
CIN U74999KA2017PTC104974
Registration Number 104974
Incorporation Date 25 July 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2020
Date of Balance Sheet 31 March 2020
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0036562
Key People
Lalith Kumar Director Dinesh Kumar Director Recognitions & Rankings of Neuway Innovations
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-KR-03-0036562
Contact details
Neuway Innovations Private Limited's registered office is in Bangalore, Karnataka. Its website is neuwayinnovations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.06 10th B Cross Jayswal Centre Khb Main Road Kanaka Nagar, Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Neuway Innovations Private Limited, buy the company report.
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- Legal cases, compliance and MCA filings
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Brands
Neuway Innovations operates one associated brand: Neuway Innovations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Software development, web design, and interior design services provided in Bangalore. | neuwayinnovations.com |
Business activity
The main business activity of Neuway Innovations is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Neuway Innovations Private Limited, buy the company report.
Financials of Neuway Innovations Private Limited
FY 2020 filings availableNeuway Innovations Private Limited reported revenue of ₹33.39 Lakh (down 62% YoY) for FY 2020.
Revenue · FY 2020
₹33.39 Lakh ▼ 62%
Net profit · FY 2020
₹1.04 Lakh margin 3.1%
EBITDA · FY 2020
₹1.04 Lakh margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
EBITDA CAGR growth
1 year
▼ 56%
Revenue fell 62% in the latest year. EBITDA fell 56% 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 | ₹33.39 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.04 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.04 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 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.1% | ||
| 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 Neuway Innovations Private Limited, buy the company report.
Board of directors of Neuway Innovations Private Limited
Neuway Innovations has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalith Kumar | Director | 25 Jul 2017 | 9 Years 3 Months | Current |
| Dinesh Kumar | Director | 25 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Neuway Innovations Private Limited is audited by NAGARAJAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAGARAJAN & CO | FY 2018 | 002307S |
Shareholding
The shareholding of Neuway Innovations Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Neuway Innovations Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neuway Innovations 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 Neuway Innovations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neuway Innovations has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN7160C1ZH | Karnataka | Active | 18 Nov 2017 |
To see the full GST registrations and return filing status of Neuway Innovations Private Limited, buy the company report.
Recent activity
Neuway Innovations Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Dinesh Kumar was appointed as Director on 25 Jul 2017.
AGM
Neuway Innovations Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.
Filing
Neuway Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.
Appointed
Dinesh Kumar was appointed as Director.
Appointed
Lalith Kumar was appointed as Director.
Incorporation
25 Jul 2017
Neuway Innovations Private Limited was registered on 25 Jul 2017 with Roc Bangalore & aged 9 years 3 months as per MCA records.
Frequently asked questions
Neuway Innovations is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 25 July 2017 (9+ years old) and is registered under CIN U74999KA2017PTC104974.
Neuway Innovations has 2 current directors:
- Lalith Kumar - Director
- Dinesh Kumar - Director
The latest financial statements of Neuway Innovations on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Neuway Innovations is 29AAFCN7160C1ZH, registered in Karnataka.
The CIN (Corporate Identification Number) of Neuway Innovations is U74999KA2017PTC104974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neuway Innovations was incorporated on 25 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Dinesh Kumar was appointed as Director on 25 Jul 2017. Lalith Kumar was appointed as Director on 25 Jul 2017.
Yes, Neuway Innovations is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Neuway Innovations is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0036562).
Neuway Innovations can be reached through the website neuwayinnovations.com. Its registered office is in Bangalore, Karnataka, India.
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