Newage Entertainment Private Limited

Newage Entertainment Private Limited - entertainment in Ahmedabad, Gujarat, India. Directors, charges & compliance details.
CIN U92130GJ2000PTC086539 Incorporated 11 February 2000 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Under Liquidation Private Limited Company entertainment
Data last updated
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹6.43 Cr
Secured borrowings
Company age
26 yrs
Est. 2000
Directors on board
2
As per MCA filings
Last financials
Mar 2015
Balance sheet date
Last AGM
30 Sep 2015
Annual general meeting
Company status
Under Liquidation
MCA master data

About Newage Entertainment Private Limited

Data last updated:

Newage Entertainment Private Limited is a private limited company based in Ahmedabad, Gujarat, India. 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 film production and entertainment segment of the entertainment sector. It was incorporated on 11 February 2000.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U92130GJ2000PTC086539.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2 Cr. It is led by directors Srikanta Chithoor Chandrahasan and Ajay Pratapray Shanghavi.

Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Ahmedabad, Gujarat.

As per MCA filings, the company has open charges of ₹6.43 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.

Company details

CIN U92130GJ2000PTC086539
Registration Number 086539
Incorporation Date 11 February 2000
ROC Ahmedabad
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 30 September 2015
Date of Balance Sheet 31 March 2015

CIN history

Newage Entertainment has one previous CIN (Corporate Identification Number): U92130MH2000PTC124170. The current CIN is U92130GJ2000PTC086539, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U92130GJ2000PTC086539Current
U92130MH2000PTC124170Previous

Contact details

Newage Entertainment Private Limited's registered office is in Ahmedabad, Gujarat.

  • Registered Address
    A/303 – T.F. Aditya Arcade Nr. Choice Restaurant C.G. Road Navran, Gpura, Ahmedabad, Gujarat, India – 380009
  • Industry
    Entertainment, Motion Picture, Television And Other Entertainment Activities, Radio
Comprehensive company report
Newage Entertainment Private Limited - one report that includes everything
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  • Historical financials and ratios
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  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Newage Entertainment Private Limited

FY 2015 filings available

Financial Statement Summary

MetricsFY 2014-15
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
Profit Before Tax
Tax Expense
Net Profit (PAT)
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 2014-15
Profitability
EBITDA Margin
Net Profit Margin
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 Newage Entertainment Private Limited, buy the company report.

Board of directors of Newage Entertainment Private Limited

Newage Entertainment has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Srikanta Chithoor ChandrahasanDirector15 May 200422 Years 5 MonthsAs last reported
Ajay Pratapray ShanghaviDirector15 Feb 200224 Years 8 MonthsAs last reported

Charges & borrowings

Open charges
₹6.43 Cr
Satisfied charges
None
Breakdown by lending institutions
Global Trust Bank Ltd.₹2.75 Cr
Oriental Bank of Commerce₹2.20 Cr
Kotak Mahindra Finance Ltd.₹1.48 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Mar 200490145021Oriental Bank of Commerce₹2.2 CrOpen
16 Apr 200390144457Global Trust Bank Ltd.₹50 LakhOpen
30 Apr 200290143901Global Trust Bank Ltd.₹75 LakhOpen
23 Nov 200190143658Global Trust Bank Ltd.₹1.5 CrOpen
25 Apr 200190143385Kotak Mahindra Finance Ltd.₹1.48 CrOpen

To see the full charge records of Newage Entertainment Private Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

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

Recent activity

Newage Entertainment Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Srikanta Chithoor Chandrahasan was appointed as Director on 15 May 2004.

AGM
Newage Entertainment Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.
Filing
Newage Entertainment Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Ahmedabad.
Charges
A charge with Oriental Bank Of Commerce of Rs. 2.20 Cr registered on 10 Mar 2004 with Charge ID 90145021 was modified on 20 Dec 2004.
Appointed
Srikanta Chithoor Chandrahasan was appointed as Director.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 2.20 Cr with Charge ID 90145021 was registered on 10 Mar 2004.
Charges
A charge with Global Trust Bank Ltd. amounted to Rs. 0.50 Cr with Charge ID 90144457 was registered on 16 Apr 2003.
Charges
A charge with Global Trust Bank Ltd. amounted to Rs. 0.75 Cr with Charge ID 90143901 was registered on 30 Apr 2002.
Appointed
Ajay Pratapray Shanghavi was appointed as Director.
Charges
A charge with Global Trust Bank Ltd. amounted to Rs. 1.50 Cr with Charge ID 90143658 was registered on 23 Nov 2001.
Charges
A charge with Kotak Mahindra Finance Ltd. amounted to Rs. 1.48 Cr with Charge ID 90143385 was registered on 25 Apr 2001.
Incorporation
11 Feb 2000
Newage Entertainment Private Limited was registered on 11 Feb 2000 with Roc Ahmedabad & aged 26 years 8 months as per MCA records.

Frequently asked questions

Newage Entertainment 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.

Newage Entertainment is a company under liquidation, formerly operating as a private limited company based in Ahmedabad, Gujarat, India. The company works in motion picture, within the entertainment industry. It was incorporated on 11 February 2000 and is registered under CIN U92130GJ2000PTC086539. Caution is advised - the company may not have the legal capacity to fulfil new agreements.

Newage Entertainment has 2 current directors:

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

The CIN (Corporate Identification Number) of Newage Entertainment is U92130GJ2000PTC086539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Newage Entertainment has open charges of ₹6.43 Cr and no satisfied charges on record as per latest MCA filings.

Newage Entertainment has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the high courts.

Newage Entertainment was incorporated on 11 February 2000. It is registered with the Registrar of Companies, Ahmedabad.

Srikanta Chithoor Chandrahasan was appointed as Director on 15 May 2004. Ajay Pratapray Shanghavi was appointed as Director on 15 Feb 2002.

The registered office of Newage Entertainment is at A303 – T.F. Aditya Arcade Nr. Choice Restaurant C.G. Road Navran, Gpura, Ahmedabad, Gujarat, India – 380009.