New Right Engineering Private Limited

New Right Engineering Private Limited - transportation in Chennai, Tamil Nadu, India. Directors, charges & compliance details.
CIN U35990TN2022PTC149714 Incorporated 07 February 2022 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company transportation MSME · Micro
Data last updated
Revenue · FY 2024
₹11.89 Lakh
▲ 2950% YoY
Net profit · FY 2024
₹1,460
Net margin 0.1%
EBITDA · FY 2024
₹28,948
EBITDA margin 2.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹72.08 Lakh
Secured borrowings
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings

About New Right Engineering Private Limited

Data last updated:

New Right Engineering Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the manufacturing segment of the transportation sector. It was incorporated on 07 February 2022.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U35990TN2022PTC149714.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kannaiyan Baskar and Saranya.

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 No.22 Thirunermalai Road Kundrathur, Chennai, Tamil Nadu, India – 600069.

As per the financials filed for FY 2024, the company reported a revenue of ₹11.89 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1,460 (net margin 0.1%) and EBITDA of ₹28,948 (EBITDA margin 2.4%).

As per MCA filings, the company has open charges of ₹72.08 Lakh on record.

New Right Engineering Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0045943).

Company details

CIN U35990TN2022PTC149714
Registration Number 149714
Incorporation Date 07 February 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-TN-08-0045943

Recognitions & Rankings of New Right Engineering

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-TN-08-0045943

Contact details

New Right Engineering Private Limited's registered office is in Chennai, Tamil Nadu.

  • Registered Address
    No.22 Thirunermalai Road Kundrathur, Chennai, Tamil Nadu, India – 600069
  • Industry
    Transportation, Manufacturing, Transport Equipment
Comprehensive company report
New Right Engineering 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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Business activity

The main business activity of New Right Engineering is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC12Repair & installation of machinery & equipment, motor vehicles

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

Financials of New Right Engineering Private Limited

FY 2024 filings available

New Right Engineering Private Limited reported revenue of ₹11.89 Lakh (up 2950% YoY) for FY 2024.

Revenue · FY 2024
₹11.89 Lakh ▲ 2950%
Net profit · FY 2024
₹1,460 margin 0.1%
EBITDA · FY 2024
₹28,948 margin 2.4%

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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₹28,948
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1,460
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 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin2.4%
Net Profit Margin0.1%
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 Right Engineering Private Limited, buy the company report.

Board of directors of New Right Engineering Private Limited

New Right Engineering has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Kannaiyan BaskarDirector07 Feb 20224 Years 8 MonthsCurrent
SaranyaDirector07 Feb 20224 Years 8 MonthsCurrent

Charges & borrowings

Open charges
₹72.08 Lakh
Satisfied charges
None
Breakdown by lending institutions
Others₹0.72 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Dec 2024101025197Others₹72.08 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for New Right Engineering 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 Right Engineering Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

New Right Engineering Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Kannaiyan Baskar was appointed as Director on 07 Feb 2022.

Charges
A charge with Others amounted to Rs. 72.08 Lakh with Charge ID 101025197 was registered on 19 Dec 2024.
AGM
New Right Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
New Right Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Kannaiyan Baskar was appointed as Director.
Appointed
Saranya was appointed as Director.
Incorporation
07 Feb 2022
New Right Engineering Private Limited was registered on 07 Feb 2022 with Roc Chennai & aged 4 years 8 months as per MCA records.

Frequently asked questions

New Right Engineering is an active private limited company based in Chennai, Tamil Nadu, India. The company works in manufacturing, within the transportation industry. It was incorporated on 07 February 2022 (4+ years old) and is registered under CIN U35990TN2022PTC149714.

New Right Engineering has 2 current directors:

The latest financial statements of New Right Engineering 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 FY 2022 are in the company report.

The CIN (Corporate Identification Number) of New Right Engineering is U35990TN2022PTC149714. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

New Right Engineering was incorporated on 07 February 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.

Kannaiyan Baskar was appointed as Director on 07 Feb 2022. Saranya was appointed as Director on 07 Feb 2022.

Yes, New Right Engineering is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-08-0045943).

The registered office of New Right Engineering is at No.22 Thirunermalai Road Kundrathur, Chennai, Tamil Nadu, India – 600069.

New Right Engineering operates in the transportation industry, in the manufacturing segment.

New Right Engineering has open charges of ₹72.08 Lakh and no satisfied charges on record as per latest MCA filings.