New Evolving Strategic Technologies Private Limited
About New Evolving Strategic Technologies Private Limited
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New Evolving Strategic Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the data processing and IT services segment of the technology and IT services sector. It was incorporated on 07 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC267238. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors including Abhishek Devdatta Mayekar and Dhirendra Kumar Sinha.
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 B – 4 4th Floor Save Nagar Chs Shivaji Road Dahisar – East, Mumbai, Maharashtra, India – 400068.
As per the financials filed for FY 2019, the company reported a revenue of ₹3.78 Lakh, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹10.37 Lakh (net margin -274.7%) and EBITDA of -₹10.37 Lakh (EBITDA margin -274.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressB – 4 4th Floor Save Nagar Chs Shivaji Road Dahisar – East, Mumbai, Maharashtra, India – 400068
- IndustryInformation Technology, Data Processing
- 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 Evolving Strategic Technologies Private Limited
The main business activity of New Evolving Strategic Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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 Evolving Strategic Technologies Private Limited FY 2019 filings available
New Evolving Strategic Technologies Private Limited reported revenue of ₹3.78 Lakh (down 52% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of New Evolving Strategic Technologies Private Limited
Revenue fell 52% 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 Evolving Strategic Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹3.78 Lakh | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | -₹10.37 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.37 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 of New Evolving Strategic Technologies Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -274.7% | •••• | •••• | •••• |
| Net Profit Margin | -274.7% | •••• | •••• | •••• |
| 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 Evolving Strategic Technologies are in the company report.
Financial statements from FY 2016
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 Evolving Strategic Technologies Private Limited
New Evolving Strategic Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhishek Devdatta Mayekar Also directs: Mayekar Innovations Private Limited | Director | 07 Aug 2015 | 11 Years 2 Months | Current |
| Dhirendra Kumar Sinha | Director | 06 Aug 2018 | 8 Years 2 Months | Current |
| Devadatta Manohar Mayekar Also directs: Mayekar Innovations Private Limited | Director | 07 Aug 2015 | 11 Years 2 Months | Current |
Ownership and Shareholding of New Evolving Strategic Technologies 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 Evolving Strategic Technologies Private Limited
New Evolving Strategic Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at New Evolving Strategic Technologies Private Limited
Employment history and EPFO contributions of people linked to New Evolving Strategic Technologies.
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 Evolving Strategic Technologies Private Limited
New Evolving Strategic Technologies Private Limited has 5 board changes on record since 2015: 3 appointments and 2 cessations. The latest: Dhirendra Kumar Sinha ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for New Evolving Strategic Technologies 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 Evolving Strategic Technologies 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 Evolving Strategic Technologies 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 Evolving Strategic Technologies Private Limited
New Evolving Strategic Technologies has 1 GST registration on record, and it has been cancelled or is 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 Evolving Strategic Technologies 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.
Frequently Asked Questions about New Evolving Strategic Technologies Private Limited
New Evolving Strategic Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in data processing, within the information technology industry. It was incorporated on 07 August 2015 (11+ years old) and is registered under CIN U72300MH2015PTC267238.
New Evolving Strategic Technologies reported revenue of ₹3.78 Lakh for FY 2019 (down 52% YoY).
New Evolving Strategic Technologies has 3 current directors:
- Abhishek Devdatta Mayekar - Director
- Dhirendra Kumar Sinha - Director
- Devadatta Manohar Mayekar - Director
New Evolving Strategic Technologies reported a net loss of ₹10.37 Lakh (net margin -274.7%) and EBITDA of -₹10.37 Lakh (EBITDA margin -274.7%) for FY 2019, as per its filed financial statements.
No. New Evolving Strategic Technologies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of New Evolving Strategic Technologies is U72300MH2015PTC267238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Evolving Strategic Technologies was incorporated on 07 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Dhirendra Kumar Sinha ceased to be Additional Director on 29 Sep 2018. Kamlesh Rajkumar Shukla ceased to be Additional Director on 29 Sep 2018. Dhirendra Kumar Sinha was appointed as Director on 06 Aug 2018. New Evolving Strategic Technologies has 5 board changes on record in total.
Yes, New Evolving Strategic Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of New Evolving Strategic Technologies is at B – 4 4th Floor Save Nagar Chs Shivaji Road Dahisar – East, Mumbai, Maharashtra, India – 400068.