About New Enterprise Associates (India) Private Limited
Data last updated:
New Enterprise Associates (India) Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of New Enterprise Associates (India) Llc. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 October 2006.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2006PTC040686. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3.8 Cr and a paid-up capital of ₹3.8 Cr. It is led by directors including Timothy Matthew Schaller and Stephanie Brecher Siegel.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at C/O Lexygen 4th Floor Indiqube Penta 51 Richmond Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2019, the company reported a revenue of ₹22.36 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.25 Cr (net margin 14.5%) and EBITDA of ₹5.08 Cr (EBITDA margin 22.7%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NEA.
The last known website on record is nea.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressC/O Lexygen 4th Floor Indiqube Penta 51 Richmond Road, Bangalore, Karnataka, India – 560025
- IndustryBusiness Outsourcing, Business & IT Consulting
- 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
- One PDF report, delivered after checkout
Business Activity of New Enterprise Associates (India) Private Limited
The main business activity of New Enterprise Associates (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of New Enterprise Associates (India) Private Limited FY 2019 filings available
New Enterprise Associates (India) Private Limited reported revenue of ₹22.36 Cr (down 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of New Enterprise Associates (India) Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 4% fall in the latest year. EBITDA fell 3% 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 of New Enterprise Associates (India) Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹5.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.25 Cr | •••• | •••• | •••• | •••• |
| 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 of New Enterprise Associates (India) Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of New Enterprise Associates (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Timothy Matthew Schaller | Director | 05 Sep 2008 | 18 Years 1 Months | As last reported |
| Stephanie Brecher Siegel | Director | 26 Jun 2015 | 11 Years 3 Months | As last reported |
| Nagajyothi Sathyanarayana Also directs: Mfiflex Technologies Private Limited | Director | 14 Dec 2018 | 7 Years 10 Months | As last reported |
| Louis Samuel Citron | Director | 24 Jan 2007 | 19 Years 8 Months | As last reported |
Peer Comparison of New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nandhishiv Impex Private Limited | ₹22.59 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Tirupur, Tamil Nadu, India |
| Terravulcan Renewable Energy Enterprise Private Limited | ₹22.5 Cr (FY 2024) | •••• | •••• | 774.0% | •••• | Mumbai, Maharashtra, India |
| Echt Conglomerate Private Limited | ₹22.48 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Gujarat, India |
| Triburg Consultants Private Limited | ₹22.45 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Peoplebay Consultancy Services Private Limited | ₹22.43 Cr (FY 2023) | •••• | •••• | 77.0% | •••• | Chennai, Tamil Nadu, India |
| New Enterprise Associates (India) Private Limited this company | ₹22.36 Cr (FY 2019) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Foress Impex Private Limited | ₹22.32 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| Dra Consultants Limited Listed | ₹22.3 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Nagpur, Maharashtra, India |
| 42 Card Solutions Private Limited | ₹22.28 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Bangalore, Karnataka, India |
| Targus India Private Limited | ₹22.26 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Bangalore, Karnataka, India |
| Kae Capital Management Private Limited | ₹22.24 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below New Enterprise Associates (India) by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) Private Limited is audited by Price Waterhouse LLP for the financial year 2016.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of New Enterprise Associates (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) Private Limited has a workforce of 5 employees as of Mar 24, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) Private Limited has 16 board changes on record since 2007: 4 appointments and 12 cessations. The latest: Nagajyothi Sathyanarayana ceased to be Additional Director on 30 Sep 2019.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for New Enterprise Associates (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by New Enterprise Associates (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of New Enterprise Associates (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) 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.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of New Enterprise Associates (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about New Enterprise Associates (India) Private Limited
Frequently Asked Questions about New Enterprise Associates (India) Private Limited
New Enterprise Associates (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
New Enterprise Associates (India) is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 October 2006 and is registered under CIN U74999KA2006PTC040686. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
New Enterprise Associates (India) reported revenue of ₹22.36 Cr for FY 2019 (down 4% YoY).
New Enterprise Associates (India) has 4 current directors:
- Timothy Matthew Schaller - Director
- Stephanie Brecher Siegel - Director
- Nagajyothi Sathyanarayana - Director
- Louis Samuel Citron - Director
New Enterprise Associates (India) reported a net profit of ₹3.25 Cr (net margin 14.5%) and EBITDA of ₹5.08 Cr (EBITDA margin 22.7%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of New Enterprise Associates (India) is -3% over three years. In the latest year (FY 2019) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of New Enterprise Associates (India) is U74999KA2006PTC040686. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Enterprise Associates (India) was incorporated on 06 October 2006. It is registered with the Registrar of Companies, Bangalore.
The peers of New Enterprise Associates (India) by revenue are Nandhishiv Impex Private Limited, Terravulcan Renewable Energy Enterprise Private Limited, Echt Conglomerate Private Limited, Triburg Consultants Private Limited, Peoplebay Consultancy Services Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).
Nagajyothi Sathyanarayana ceased to be Additional Director on 30 Sep 2019. Bala C Deshpande ceased to be Managing Director on 14 Dec 2018. Nagajyothi Sathyanarayana was appointed as Director on 14 Dec 2018. New Enterprise Associates (India) has 16 board changes on record in total.
New Enterprise Associates (India) can be reached through the website nea.com. Its registered office is in Bangalore, Karnataka, India.