About New Way Constructions Ltd
Data last updated:
New Way Constructions Ltd was a public limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 28 January 1991.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U70101WB1991PLC050757. Its GSTIN is 19AABCN2822P1Z4 (West Bengal).
The company had an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.71 Cr. It was formerly known as New Way Constructions Pvt Ltd. It was led by directors including Pradip Kumar Agarwal and Sudipta Datta.
Its last annual general meeting (AGM) was held on 13 October 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 687 Anandapur Em Bypass 2nd Floor, Kolkata, West Bengal, India – 700107.
As per the financials filed for FY 2020, the company reported a revenue of ₹15.66 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹12.83 Cr (net margin -82%) and EBITDA of -₹35.64 Lakh (EBITDA margin -2.3%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 26% over five years.
As per MCA filings, the company had open charges of ₹147 Cr and satisfied charges of ₹300 Cr on record.
The last known website on record is newwayconstruction.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address687 Anandapur Em Bypass 2nd Floor, Kolkata, West Bengal, India – 700107
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
- 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
- One PDF report, delivered after checkout
CIN History of New Way Constructions Ltd
New Way Constructions has one previous CIN (Corporate Identification Number): U70101WB1991PTC050757. The current CIN is U70101WB1991PLC050757, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70101WB1991PLC050757 | Current |
| U70101WB1991PTC050757 | Previous |
Business Activity of New Way Constructions Ltd
The main business activity of New Way Constructions is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of New Way Constructions Ltd
New Way Constructions Ltd is audited by Agrawal Sanjay & Company for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Agrawal Sanjay & Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of New Way Constructions Ltd
New Way Constructions has 5 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradip Kumar Agarwal | Director | 27 Jan 1995 | 31 Years 8 Months | As last reported |
| Sudipta Datta | Director | 01 Jun 2020 | 6 Years 4 Months | As last reported |
| Rajesh Kumar Agarwal Also directs: Vitanomic Agriculture Private Limited, Vagyalakshmi Tie Up Private Limited, Pan Emami Cosmed Limited and 4 more | Director | 11 May 2012 | 14 Years 4 Months | As last reported |
| Shampa Paul Also directs: Premier Ferro Alloys & Securities Limited, Kkalpana Plastick Limited, Deevee Commercials Ltd and 2 more | Director | 18 Dec 2019 | 6 Years 9 Months | As last reported |
| Santinath Paul Also directs: Emami Education and Research Foundation, A M Medical Centre Private Limited, Nuturessa Biocrops Private Limited and 3 more | Director | 23 Jun 2014 | 12 Years 3 Months | As last reported |
Financials of New Way Constructions Ltd FY 2020 filings available
New Way Constructions Ltd reported revenue of ₹15.66 Cr (down 22% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of New Way Constructions Ltd
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 106% 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 of New Way Constructions Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹15.66 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹35.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹12.83 Cr | •••• | •••• | •••• | •••• |
| 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 of New Way Constructions Ltd
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -82% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of New Way Constructions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of New Way Constructions Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of New Way Constructions Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 May 2016 | Others | ₹147 Cr | Open |
| 23 Jul 2014 | Il & Fs Trust Company Limited | ₹300 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at New Way Constructions Ltd
Employment history and EPFO contributions of people linked to New Way Constructions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of New Way Constructions Ltd
New Way Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCN2822P1Z4 | West Bengal | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for New Way Constructions Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by New Way Constructions Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of New Way Constructions Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of New Way Constructions Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on New Way Constructions Ltd
Recent News on New Way Constructions Ltd
Frequently Asked Questions about New Way Constructions Ltd
New Way Constructions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
New Way Constructions was a public limited company based in Kolkata, West Bengal, India. The company worked in nbfc, within the financial services industry. It was incorporated on 28 January 1991 and is registered under CIN U70101WB1991PLC050757. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
New Way Constructions was incorporated on 28 January 1991. It is registered with the Registrar of Companies, Kolkata.
New Way Constructions had 5 directors:
- Pradip Kumar Agarwal - Director
- Sudipta Datta - Director
- Rajesh Kumar Agarwal - Director
- Shampa Paul - Director
- Santinath Paul - Director
The CIN (Corporate Identification Number) of New Way Constructions is U70101WB1991PLC050757. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of New Way Constructions is at 687 Anandapur Em Bypass 2nd Floor, Kolkata, West Bengal, India – 700107.
New Way Constructions can be reached through the website newwayconstruction.in. Its registered office is in Kolkata, West Bengal, India.
New Way Constructions reported revenue of ₹15.66 Cr for FY 2020 (down 22% YoY).
New Way Constructions has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17.71 Cr.