About New Met Private Limited
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New Met Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29290MH1994PTC084142.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹7.2 Lakh. It is led by directors Manpreet Sachdev and Trilochan Jagjitsingh Sachdeva.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Lake Road Bhandup, Mumbai, Maharashtra, India – 400078.
As per the financials filed for FY 2017, the company reported a revenue of ₹38.76 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹6,383 (net margin -0.2%) and EBITDA of ₹4.9 Lakh (EBITDA margin 12.7%).
As per MCA filings, the company has open charges of ₹10 Lakh and satisfied charges of ₹28.5 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website newmetpress.com.
Company details
Contact details
New Met Private Limited's registered office is in Mumbai, Maharashtra. Its website is newmetpress.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressLake Road Bhandup, Mumbai, Maharashtra, India – 400078
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of New Met 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 Met is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of New Met Private Limited, buy the company report.
Financials of New Met Private Limited
FY 2017 filings availableNew Met Private Limited reported revenue of ₹38.76 Lakh (down 58% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 58% in the latest year. EBITDA rose 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Total Expenses | |||
| EBITDA | ₹4.9 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹6,383 | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 12.7% | ||
| Net Profit Margin | -0.2% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Receivable Days | |||
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To see the full financial statements and ratios of New Met Private Limited, buy the company report.
Board of directors of New Met Private Limited
New Met has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manpreet Sachdev Also directs: Dee Kay Clutches Private Limited | Director | 29 Dec 1994 | 31 Years 9 Months | Current |
| Trilochan Jagjitsingh Sachdeva Also directs: Dee Kay Clutches Private Limited | Director | 10 Sep 2018 | 8 Years 1 Months | Current |
Auditor
New Met Private Limited is audited by V N KESHWALA & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V N KESHWALA & CO | FY 2015 | 104988W |
Shareholding
The shareholding of New Met Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 Met Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Feb 2009 | 10151336 | Others | ₹10 Lakh | Open | |
| 09 Mar 2007 | 10147832 | Bank of Maharashtra | ₹8 Lakh | Satisfied | |
| 29 Mar 2003 | 90164352 | Bankof Maharastha | ₹8 Lakh | Satisfied | |
| 07 Mar 1998 | 90163682 | Bankof Maharastha | ₹7.5 Lakh | Satisfied | |
| 10 Sep 1997 | 90163601 | Bankof Maharastha | ₹5 Lakh | Satisfied |
To see the full charge records of New Met Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
New Met Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by an individual | Disposed |
To see the full case history of New Met 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 Met Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for New Met Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Met Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Trilochan Jagjitsingh Sachdeva was appointed as Director on 10 Sep 2018.
7 earlier events are in the company report.
Frequently asked questions
New Met is an active private limited company based in Mumbai, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 December 1994 (32+ years old) and is registered under CIN U29290MH1994PTC084142.
New Met has 2 current directors:
- Manpreet Sachdev - Director
- Trilochan Jagjitsingh Sachdeva - Director
The latest financial statements of New Met on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of New Met is U29290MH1994PTC084142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Met has 1 court case on record: 1 filed against it.
New Met was incorporated on 29 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Trilochan Jagjitsingh Sachdeva was appointed as Director on 10 Sep 2018. Jagjit Singh Sachdeva ceased to be Director on 26 Jul 2018. Jagjit Singh Sachdeva was appointed as Director on 29 Dec 1994. New Met has 4 board changes on record in total.
New Met can be reached through the website newmetpress.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of New Met is at Lake Road Bhandup, Mumbai, Maharashtra, India – 400078.
New Met operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.