About New Bridge Business Centre Private Limited
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New Bridge Business Centre Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 10 November 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA1998PTC024397. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Revanna Siddaiah Rakesh (Whole-Time Director) and George Stephen.
Its last annual general meeting (AGM) was held on 28 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 11th Floor N1 Block Manyata Embassy Business Park, Bangalore, Karnataka.
As per the financials filed for FY 2018, the company reported a revenue of ₹15.92 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹55.45 Lakh (net margin 3.5%) and EBITDA of ₹1.99 Cr (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
As per MCA filings, the company has open charges of ₹9.98 Cr and satisfied charges of ₹5 Lakh on record. Court records list 56 cases involving the company, including 1 filed by the company and 55 filed against it; 15 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in January 2015.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newbridgeoffices.com.
Company details
Contact details
New Bridge Business Centre Private Limited's registered office is in Bangalore, Karnataka. Its website is newbridgeoffices.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor N1 Block Manyata Embassy Business Park Outer Rin, G Road, Bangalore, Karnataka, India – 560045
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of New Bridge Business Centre 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
Business activity
The main business activity of New Bridge Business Centre is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of New Bridge Business Centre Private Limited, buy the company report.
Financials of New Bridge Business Centre Private Limited
FY 2018 filings availableNew Bridge Business Centre Private Limited reported revenue of ₹15.92 Cr (down 16% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 16% fall in the latest year. EBITDA fell 22% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹15.92 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.99 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹55.45 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 12.5% | |||
| Net Profit Margin | 3.5% | |||
| 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 Bridge Business Centre Private Limited, buy the company report.
Board of directors of New Bridge Business Centre Private Limited
New Bridge Business Centre has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Revanna Siddaiah Rakesh Also directs: Treadway Investments (India) Private Limited | Whole-Time Director | 20 Sep 1999 | 27 Years 1 Months | Current |
| George Stephen | Additional Director | 23 Mar 2019 | 7 Years 7 Months | Current |
Auditor
New Bridge Business Centre Private Limited is audited by Y C R J & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y C R J & ASSOCIATES | FY 2018 | 006927S |
Shareholding
The shareholding of New Bridge Business Centre Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of New Bridge Business Centre Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jan 2020 | 100326451 | Others | ₹75 Lakh | Open | |
| 11 Jan 2016 | 10626977 | Union Bank of India | ₹60 Lakh | Open | |
| 28 Dec 2012 | 10400344 | Union Bank of India | ₹18.09 Lakh | Open | |
| 30 Mar 2011 | 10276543 | Union Bank of India | ₹1.5 Cr | Open | |
| 12 Jan 2011 | 10260897 | Others | ₹4.95 Cr | Open |
To see the full charge records of New Bridge Business Centre Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
New Bridge Business Centre Private Limited has 4 deals on record (4 secondary share transfers); the latest was in January 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
New Bridge Business Centre Private Limited has 56 court cases on record: 1 filed by New Bridge Business Centre, 55 filed against it. 15 cases are pending and 41 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 42 | 12 |
| High courts | 13 | 13 | 3 |
Cases on record (5 of 56)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against Manyata Promoters Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by Athenahealth Technology Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Sinarmas Digital Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S. Cineline India Ltd. | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Reliance Securities Limited | Disposed |
To see the full case history of New Bridge Business Centre Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for New Bridge Business Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Bridge Business Centre has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of New Bridge Business Centre Private Limited, buy the company report.
Recent activity
New Bridge Business Centre Private Limited has 10 board changes on record since 1999: 6 appointments and 4 cessations. The latest: Jaideep Mittra ceased to be Director on 01 Mar 2021.
11 earlier events are in the company report.
Frequently asked questions
New Bridge Business Centre is an active private limited company based in Bangalore, Karnataka, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 10 November 1998 (28+ years old) and is registered under CIN U55101KA1998PTC024397.
New Bridge Business Centre has 2 current directors:
- Revanna Siddaiah Rakesh - Whole-Time Director
- George Stephen - Additional Director
The latest financial statements of New Bridge Business Centre on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 28 September 2018. Year-wise statements from 2015 are in the company report.
No. New Bridge Business Centre has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of New Bridge Business Centre is U55101KA1998PTC024397. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Bridge Business Centre has 56 court cases on record: 1 filed by the company and 55 filed against it. 15 are pending. Most are in the district courts.
New Bridge Business Centre was incorporated on 10 November 1998, making it 28+ years old. It is registered with the Registrar of Companies, Bangalore.
New Bridge Business Centre has 4 deals on record (4 secondary share transfers); the latest was in January 2015.
Jaideep Mittra ceased to be Director on 01 Mar 2021. Giri Rama Murthy ceased to be Director on 12 Jul 2019. George Stephen was appointed as Additional Director on 23 Mar 2019. New Bridge Business Centre has 10 board changes on record in total.
New Bridge Business Centre can be reached through the website newbridgeoffices.com. Its registered office is in Bangalore, Karnataka, India.