New Horizons Private Limited

New Horizons Private Limited - consumer goods in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U28113WB1976PTC030529 Incorporated 15 May 1976 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company consumer goods MSME
Data last updated
Revenue · FY 2025
₹111.54 Cr
▲ 13% YoY
Net profit · FY 2025
₹82.28 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹5.35 Cr
EBITDA margin 4.8%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹4.06 Cr
Issued & subscribed
Open charges
₹57.23 Cr
Secured borrowings
Company age
50 yrs
Est. 1976
Employees · EPFO
121
Provident fund records

About New Horizons Private Limited

Data last updated:

New Horizons Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Industrial Safety Products Private Limited. It operates in the leather goods manufacturing segment of the consumer goods sector. It was incorporated on 15 May 1976 and has been in existence for over 50 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28113WB1976PTC030529. Its GSTIN is 19AAACN8505C1ZO (West Bengal). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.06 Cr. It was formerly known as New Horizons Ltd. It is led by directors including Gopal Kumar Naredi (Managing Director) and Khusboo Naredi Goenka.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 3rd Floor 31/2 Topsia Road (South), Kolkata, West Bengal, India – 700046.

As per the financials filed for FY 2025, the company reported a revenue of ₹111.54 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹82.28 Lakh (net margin 0.7%) and EBITDA of ₹5.35 Cr (EBITDA margin 4.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.

The company has about 121 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: New Horizons Limited. As per MCA filings, the company has open charges of ₹57.23 Cr on record. Court records list 31 cases involving the company, including 16 filed by the company and 15 filed against it; 12 cases are pending. The company has 12 deals on record (12 secondary share transfers); the latest was in November 2020. Its 7 peer companies in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 4 larger and 3 smaller; the largest is Banox Exim Private Limited with revenue of ₹116.14 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 15 overdue payments to 8 micro and small suppliers.

New Horizons Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-WB-10-0018654). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newhorizonsltd.in.

Company details

CIN U28113WB1976PTC030529
Registration Number 030529
Incorporation Date 15 May 1976
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Industrial Safety Products Private Limited
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-WB-10-0018654

CIN history

New Horizons has one previous CIN (Corporate Identification Number): U28113WB1976PLC030529. The current CIN is U28113WB1976PTC030529, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U28113WB1976PTC030529Current
U28113WB1976PLC030529Previous
Key People
Niraj Kumar Saraf Ceo Gopal Kumar Naredi Managing Director Khusboo Naredi Goenka Director

Recognitions & Rankings of New Horizons

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-WB-10-0018654

Contact details

New Horizons Private Limited's registered office is in Kolkata, West Bengal. Its website is newhorizonsltd.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    newhorizonsltd.in
  • Registered Address
    3rd Floor 31/2 Topsia Road (South), Kolkata, West Bengal, India – 700046
  • Industry
    Consumer Goods, Leather Goods Manufacturing

To see the full contact details of New Horizons Private Limited, buy the company report.

Comprehensive company report
New Horizons Private Limited - one report that includes everything
  • 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
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Brands

New Horizons operates one associated brand: New Horizons Limited. Each brand links to its own profile.

BrandDescriptionWebsite
New Horizons Limited
Manufacturing and exporting of industrial leather gloves and work garments from India.newhorizonsltd.in

Business activity

The main business activity of New Horizons is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of New Horizons Private Limited, buy the company report.

Financials of New Horizons Private Limited

FY 2025 filings available

New Horizons Private Limited reported revenue of ₹111.54 Cr (up 13% YoY) for FY 2025.

Revenue · FY 2025
₹111.54 Cr ▲ 13%
Net profit · FY 2025
₹82.28 Lakh margin 0.7%
EBITDA · FY 2025
₹5.35 Cr margin 4.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▼ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 2%
5 years · compounded
▲ 3%

Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 13% growth in the latest year. EBITDA rose 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹5.35 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹82.28 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4.8%
Net Profit Margin0.7%
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

To see the full financial statements and ratios of New Horizons Private Limited, buy the company report.

Board of directors and KMP of New Horizons Private Limited

New Horizons Private Limited currently reports 5 directors and 1 key managerial person. 7 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Khusboo Naredi Goenka
Also directs: Industrial Safety Products Private Limited, Ambika Gold Silver LLP
Director27 Nov 20205 Years 11 MonthsCurrent
Rounak Kumar Naredi
Also directs: Industrial Safety Products Private Limited, Shakti Dealer Private Limited, Sarvashreshta Tradecom Private Limited and 2 more
Director27 Nov 20205 Years 11 MonthsCurrent
Usha Devi Naredi
Also directs: Finzeo Constructions LLP, Waterside Property Constructions LLP, Industrial Safety Products Private Limited and 4 more
Director01 Jul 201412 Years 4 MonthsCurrent
Nidhi Naredi
Also directs: Industrial Safety Products Private Limited
Director01 Oct 201313 Years 1 MonthsCurrent
Gopal Kumar Naredi
Also directs: BNBK Developer LLP, Modetti Constructions LLP, Air Infratech LLP and 5 more
Managing Director01 Apr 201115 Years 7 MonthsCurrent
Niraj Kumar Saraf
Also directs: Anisha Enterprises LLP, Arcade House and Properties Pvt Ltd, Basil Heights Maintenance Private Limited
Ceo01 Apr 20197 Years 7 MonthsCurrent
View all directors and KMP

Peer comparison

New Horizons Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Banox Exim Private Limited₹116.14 Cr (FY 2025)10.0%New Delhi, Delhi, India
BPS Overseas Private Limited₹114.61 Cr (FY 2025)146.0%New Delhi, Delhi, India
Rajda Industries & Exports Private Limited₹114.36 Cr (FY 2025)16.0%Kolkata, West Bengal, India
Natroyal Industries Private Limited₹112.53 Cr (FY 2025)-2.0%Mumbai, Maharashtra, India
New Horizons Private Limitedthis company₹111.54 Cr (FY 2025)₹82.28 Lakh0.7%13.0%121Kolkata, West Bengal, India
Asg Kompanero Limited₹110.65 Cr (FY 2025)-12.0%Parganas South, West Bengal, India
Crescent Expo Syndicate Private Limited₹105.96 Cr (FY 2025)Bhangar, West Bengal, India
Farida Prime Tannery Private Limited₹104.6 Cr (FY 2024)-6.0%Chennai, Tamil Nadu, India

To see the full peer comparison of New Horizons Private Limited, buy the company report.

Auditor

New Horizons Private Limited is audited by GARV & ASSOCIATES for the financial year 2021.

Auditor firmFinancial yearFirm registration number
GARV & ASSOCIATESFY 2021301094E

Shareholding

The shareholding of New Horizons Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of New Horizons Private Limited, buy the company report.

Charges & borrowings

Open charges
₹57.23 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹56.60 Cr
Hdfc Bank Limited₹0.63 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Jun 2023100748272Hdfc Bank Limited₹53.1 LakhOpen
31 Dec 2021100521007Others₹4.5 CrOpen
17 Mar 2021100467686Hdfc Bank Limited₹10 LakhOpen
15 Sep 2020100370990Others₹6.14 CrOpen
06 Apr 200190250451Others₹45.96 CrOpen

To see the full charge records of New Horizons Private Limited, buy the company report.

Total charge records: 5 View all charges

Deals & funding

New Horizons Private Limited has 12 deals on record (12 secondary share transfers); the latest was in November 2020.

Total deals
12
Secondary share transfers
12

Deals on record (5 of 12)

WhenDealAmountParties
Nov 2020Secondary share transferUndisclosedBuyer: Industrial Safety Products Private Limited
Seller: Sarvashreshta Tradecom Private Limited
Apr 2013Secondary share transferUndisclosedBuyer: Sarvashreshta Tradecom Private Limited
Seller: Anisha Enterprises Private Limited
Mar 2013Secondary share transferUndisclosedBuyer: Industrial Safety Products Private Limited , Gentex Marketing Private Limited , 2 individuals
Seller: Anisha Enterprises Private Limited , 2 individuals
Feb 2013Secondary share transferUndisclosedBuyer: Sarvashreshta Tradecom Private Limited
Seller: Anisha Enterprises Private Limited
Jan 2013Secondary share transferUndisclosedBuyer: Sarvashreshta Tradecom Private Limited
Seller: Anisha Enterprises Private Limited

To see the full deal history of New Horizons Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

New Horizons Private Limited was last rated by Crisil on 27 Aug 2020.

Rating agencyRated onRating
Crisil27 Aug 2020

To see the full credit ratings and regulatory alerts of New Horizons Private Limited, buy the company report.

MSME payment delays

New Horizons Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 15 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 8)

SupplierAmount dueDue sinceReported on
K.R.Textile Mills
Stahl India Private Limited
an individual supplier
Flohe India Private Limited
Laxmi Impex

To see the full MSME payment records of New Horizons Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

New Horizons Private Limited has a workforce of 121 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
121
Active EPFO establishments
1
Employee growth
4.31%

GST

New Horizons has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
19AAACN8505C1ZOWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of New Horizons Private Limited, buy the company report.

Recent activity

New Horizons Private Limited has 18 board changes on record since 2003: 12 appointments and 6 cessations. The latest: Khusboo Naredi Goenka was appointed as Director on 27 Nov 2020.

AGM
New Horizons Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
New Horizons Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.53 Cr with Charge ID 100748272 was registered on 27 Jun 2023.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100521007 was registered on 31 Dec 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100467686 was registered on 17 Mar 2021.
Appointed
Khusboo Naredi Goenka was appointed as Director.
Appointed
Rounak Kumar Naredi was appointed as Director.
Charges
A charge with Others amounted to Rs. 6.14 Cr with Charge ID 100370990 was registered on 15 Sep 2020.
Appointed
Niraj Kumar Saraf was appointed as CEO.
Charges
A charge with Others of Rs. 45.96 Cr registered on 06 Apr 2001 with Charge ID 90250451 was modified on 18 Jan 2017.
Ceased
Chandan Kumar Basu ceased to be Director.
Appointed
Usha Devi Naredi was appointed as Director.

15 earlier events are in the company report.

Frequently asked questions

New Horizons is an active private limited company based in Kolkata, West Bengal, India. The company works in leather goods manufacturing, within the consumer goods industry. It was incorporated on 15 May 1976 (50+ years old) and is registered under CIN U28113WB1976PTC030529.

New Horizons has 6 current directors and KMP:

The latest financial statements of New Horizons on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of New Horizons is 19AAACN8505C1ZO, registered in West Bengal. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of New Horizons is U28113WB1976PTC030529. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

New Horizons has 31 court cases on record: 16 filed by the company and 15 filed against it. 12 are pending. Most are in the district courts.

New Horizons was incorporated on 15 May 1976, making it 50+ years old. It is registered with the Registrar of Companies, Kolkata.

New Horizons has 12 deals on record (12 secondary share transfers); the latest was in November 2020.

The peers of New Horizons by revenue are Banox Exim Private Limited, BPS Overseas Private Limited, Rajda Industries & Exports Private Limited, Natroyal Industries Private Limited, Asg Kompanero Limited and 2 more, all in the Consumer Products industry (Leather Goods Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Khusboo Naredi Goenka was appointed as Director on 27 Nov 2020. Rounak Kumar Naredi was appointed as Director on 27 Nov 2020. Niraj Kumar Saraf was appointed as CEO on 01 Apr 2019. New Horizons has 18 board changes on record in total.

Yes, New Horizons is registered as an MSME under Udyam registration (number: UDYAM-WB-10-0018654).

New Horizons has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 15 overdue payments to 8 micro and small suppliers. The latest return was filed on 28 Apr 2022.