New Friends Traders Private Limited
About New Friends Traders Private Limited
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New Friends Traders Private Limited is a private limited company based in Jabalpur, Madhya Pradesh, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 09 May 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U51505MP1996PTC010810. Its GSTIN is 23AAACN7598P1ZP (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Pankaj Gandhi and Rajesh Thakur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 800 – Sneh – Nagar Kamla – Nehru – Nagar, Jabalpur, Madhya Pradesh, India – 482002.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.34 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net profit of ₹7,400 (net margin 0.3%) and EBITDA of ₹14,610 (EBITDA margin 0.5%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 38% over five years.
As per MCA filings, the company has open charges of ₹60 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
New Friends Traders Private Limited's registered office is in Jabalpur, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address800 – Sneh – Nagar Kamla – Nehru – Nagar, Jabalpur, Madhya Pradesh, India – 482002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of New Friends Traders 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 Friends Traders is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of New Friends Traders Private Limited, buy the company report.
Financials of New Friends Traders Private Limited
FY 2024 filings availableNew Friends Traders Private Limited reported revenue of ₹28.34 Lakh (down 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over five years, including a 86% fall in the latest year. EBITDA fell 97% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14,610 | ||||
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| Net Profit (PAT) | ₹7,400 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 0.5% | ||||
| Net Profit Margin | 0.3% | ||||
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To see the full financial statements and ratios of New Friends Traders Private Limited, buy the company report.
Board of directors of New Friends Traders Private Limited
New Friends Traders has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Gandhi | Director | 09 May 1996 | 30 Years 6 Months | Current |
| Rajesh Thakur Also directs: Kanha Structures & Edifice Private Limited | Director | 09 May 1996 | 30 Years 6 Months | Current |
Auditor
New Friends Traders Private Limited is audited by ARUN GROVER AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARUN GROVER AND ASSOCIATES | FY 2022 | 02268C |
Shareholding
The shareholding of New Friends Traders Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of New Friends Traders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 1996 | 90207863 | Union Bank of India | ₹60 Lakh | Open |
To see the full charge records of New Friends Traders Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving New Friends Traders 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 New Friends Traders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Friends Traders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAACN7598P1ZP | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Friends Traders Private Limited, buy the company report.
Recent activity
New Friends Traders Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Akhil Mishra ceased to be Managing Director on 16 Apr 2019.
Frequently asked questions
New Friends Traders is an active private limited company based in Jabalpur, Madhya Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 09 May 1996 (30+ years old) and is registered under CIN U51505MP1996PTC010810.
New Friends Traders has 2 current directors:
- Pankaj Gandhi - Director
- Rajesh Thakur - Director
The latest financial statements of New Friends Traders on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of New Friends Traders is 23AAACN7598P1ZP, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of New Friends Traders is U51505MP1996PTC010810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Friends Traders was incorporated on 09 May 1996, making it 30+ years old. It is registered with the Registrar of Companies, Gwalior.
Akhil Mishra ceased to be Managing Director on 16 Apr 2019. Usha Billore ceased to be Director on 31 Mar 2009. Vivek Tiwari ceased to be Director on 31 Mar 2009. New Friends Traders has 5 board changes on record in total.
The registered office of New Friends Traders is at 800 – Sneh – Nagar Kamla – Nehru – Nagar, Jabalpur, Madhya Pradesh, India – 482002.
New Friends Traders operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
New Friends Traders has open charges of ₹60 Lakh and no satisfied charges on record as per latest MCA filings.
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