About New Silk Route Advisors Private Limited
Data last updated:
New Silk Route Advisors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of New Silk Route Advisors, Lp. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 03 February 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2007PTC167523. Its GSTIN is 27AACCN4541N1Z6 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.3 Lakh. It was formerly known as Nsr Advisors Private Limited. It is led by directors Vivek Anilchand Sett and Parag Phoolchand Saxena.
Its last annual general meeting (AGM) was held on 01 August 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Offno.26L12Thflr Navjivan Commercial Premises Ltd Bldg No.3 Lamington Road Mumbai Centra, L, Maharashtra, India – 400008.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.98 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹7.02 Cr and EBITDA of -₹6.95 Cr. Revenue has declined at a compounded annual rate (CAGR) of 85% over three years and 73% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: NSR Partners. As per MCA filings, the company has satisfied charges of ₹59.24 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The last known website on record is nsrpartners.com.
Company details
Contact details
New Silk Route Advisors Private Limited's registered office is in Mumbai, Maharashtra. Its website is nsrpartners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffno.26L12Thflr Navjivan Commercial Premises Ltd Bldg No.3 Lamington Road Mumbai Centra, L, Maharashtra, India – 400008
- IndustryFinancial Services, Diversified Financial Services
To see the full contact details of New Silk Route Advisors 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
Brands
New Silk Route Advisors operates one associated brand: NSR Partners. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Growth-stage private equity investments are pursued across sectors. | nsrpartners.com |
Business activity
The main business activity of New Silk Route Advisors is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
Financials of New Silk Route Advisors Private Limited
FY 2022 filings availableNew Silk Route Advisors Private Limited reported revenue of ₹3.98 Lakh (down 100% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 73% over five years. EBITDA fell 304% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.98 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹6.95 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.02 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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To see the full financial statements and ratios of New Silk Route Advisors Private Limited, buy the company report.
Board of directors of New Silk Route Advisors Private Limited
New Silk Route Advisors has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vivek Anilchand Sett Also directs: Allied Blenders and Distillers Limited, 9X Telefilms Private Limited, Vasudev Adigas Fastfood Private Limited and 1 more | Director | 09 Feb 2007 | 19 Years 8 Months | As last reported |
| Parag Phoolchand Saxena Also directs: Eco Valley Farms and Foods Limited, Weikfield Foods Private Limited, Advanced Medtech Solutions Private Limited and 2 more | Nominee Director | 10 Apr 2007 | 19 Years 6 Months | As last reported |
Auditor
New Silk Route Advisors Private Limited is audited by RAJESH MAYEKAR for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJESH MAYEKAR | FY 2022 | 104966 |
Shareholding
The shareholding of New Silk Route Advisors 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 Silk Route Advisors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jun 2017 | 100110675 | Hdfc Bank Limited | ₹29.74 Lakh | Satisfied | |
| 11 Dec 2015 | 10621572 | Kotak Mahindra Prime Limited | ₹10 Lakh | Satisfied | |
| 23 Mar 2015 | 10561692 | Toyota Financial Services India Limited | ₹19.5 Lakh | Satisfied |
To see the full charge records of New Silk Route Advisors Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
New Silk Route Advisors Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by The PR. Commissioner of Income Tax-7 | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by The Principal Commissioner of Income Tax-8 | Disposed |
To see the full case history of New Silk Route Advisors 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 Silk Route Advisors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
New Silk Route Advisors Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
New Silk Route Advisors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN4541N1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Silk Route Advisors Private Limited, buy the company report.
Recent activity
New Silk Route Advisors Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Anand Dorairaj ceased to be Additional Director on 27 Sep 2016.
7 earlier events are in the company report.
News
Frequently asked questions
New Silk Route Advisors is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
New Silk Route Advisors is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 03 February 2007 and is registered under CIN U93090MH2007PTC167523. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
New Silk Route Advisors has 2 current directors:
- Vivek Anilchand Sett - Director
- Parag Phoolchand Saxena - Nominee Director
The latest financial statements of New Silk Route Advisors on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 01 August 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of New Silk Route Advisors is U93090MH2007PTC167523. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Silk Route Advisors has no open charges and satisfied charges of ₹59.24 Lakh as per latest MCA filings.
New Silk Route Advisors has 2 court cases on record: 2 filed against it. 1 is pending.
New Silk Route Advisors was incorporated on 03 February 2007. It is registered with the Registrar of Companies, Mumbai.
Anand Dorairaj ceased to be Additional Director on 27 Sep 2016. Darius Dinshaw Pandole ceased to be Director on 07 Aug 2016. Shantanu Yeshwant Nalavadi ceased to be Additional Director on 10 Mar 2015. New Silk Route Advisors has 10 board changes on record in total.
New Silk Route Advisors can be reached through the website nsrpartners.com. Its registered office is in Mumbai, Maharashtra, India.
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