MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0051565
Neway Industries Private Limited
Neway Industries Private Limited - packaging in Veraval, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.79 Cr
▲ 2% YoY
Net loss · FY 2024
₹3.23 Lakh
Net margin -0.6%
EBITDA · FY 2024
₹33.41 Lakh
EBITDA margin 5.8%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹2.4 Cr
Company age
7 yrs
Est. 2019
Directors on board
6
As per MCA filings
About Neway Industries Private Limited
Data last updated:
Neway Industries Private Limited is a private limited company based in Veraval, Gujarat, India. It operates in the bottle and cap manufacturing segment of the packaging sector. It was incorporated on 23 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25190GJ2019PTC108280. Its GSTIN is 24AAGCN5410L1ZI (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It is led by directors including Manishkumar Jayantilal Dalsaniya and Arvind Ranchhodbhai Dholariya.
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 Veraval, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.79 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹3.23 Lakh (net margin -0.6%) and EBITDA of ₹33.41 Lakh (EBITDA margin 5.8%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years.
As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2.4 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
Neway Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0051565).
Company details
CIN U25190GJ2019PTC108280
Registration Number 108280
Incorporation Date 23 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0051565
Key People
Manishkumar Jayantilal Dalsaniya Director Arvind Ranchhodbhai Dholariya Director Dharmeshbhai Bhovanbhai Dadhaniya Director Recognitions & Rankings of Neway Industries
Contact details
Neway Industries Private Limited's registered office is in Veraval, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShade No.3 And 4 R.S.No.212 Plot No.7 Opp Shree Ram Industries Near Kisan Steel Tal:Kot, Da Sangani, Veraval, Gujarat, India – 360024
- IndustryPackaging, Bottle & Cap Manufacturing
To see the full contact details of Neway Industries Private Limited, buy the company report.
Comprehensive company report
Neway Industries 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 Neway Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Neway Industries Private Limited, buy the company report.
Financials of Neway Industries Private Limited
FY 2024 filings availableNeway Industries Private Limited reported revenue of ₹5.79 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹5.79 Cr ▲ 2%
Net loss · FY 2024
₹3.23 Lakh margin -0.6%
EBITDA · FY 2024
₹33.41 Lakh margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 60%
Revenue has grown at a compounded annual rate (CAGR) of 58% over three years, including 2% growth in the latest year. EBITDA fell 39% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹33.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.23 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | -0.6% | ||||
| 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 Neway Industries Private Limited, buy the company report.
Board of directors of Neway Industries Private Limited
Neway Industries has 6 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manishkumar Jayantilal Dalsaniya Also directs: Indo United Naturals Private Limited | Director | 02 May 2023 | 3 Years 5 Months | Current |
| Arvind Ranchhodbhai Dholariya | Director | 25 May 2020 | 6 Years 5 Months | Current |
| Dharmeshbhai Bhovanbhai Dadhaniya | Director | 02 May 2023 | 3 Years 5 Months | Current |
| Sureshbhai Narshibhai Aghera | Director | 02 May 2023 | 3 Years 5 Months | Current |
| Shaileshbhai Jamanbhai Makadiya | Director | 15 Jul 2023 | 3 Years 3 Months | Current |
| Denish Aravindbhai Bhalodiya Also directs: Alwin Info Media Private Limited | Director | 25 May 2020 | 6 Years 5 Months | Current |
Peer comparison
Neway Industries Private Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kodanda Polypacks Private Limited | ₹5.94 Cr (FY 2018) | -24.0% | Hyderabad, Andhra Pradesh, India | |||
| Media Manoeuvre (India) Private Limited | ₹5.91 Cr (FY 2024) | 3.0% | Mumbai, Maharashtra, India | |||
| Bhagwati Pet (India) Private Limited | ₹5.84 Cr (FY 2025) | 16.0% | Uttar Pradesh, India | |||
| Neway Industries Private Limitedthis company | ₹5.79 Cr (FY 2024) | -₹3.23 Lakh | -0.6% | 2.0% | Veraval, Gujarat, India | |
| Anjali Polyplast Private Limited | ₹5.61 Cr (FY 2025) | -14.0% | Mumbai, Maharashtra, India | |||
| Gujarat Polyplast Private Limited | ₹5.57 Cr (FY 2025) | -11.0% | Santej, Gujarat, India |
To see the full peer comparison of Neway Industries Private Limited, buy the company report.
Auditor
Neway Industries Private Limited is audited by A S K V & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S K V & ASSOCIATES | FY 2023 | 140837 |
Shareholding
The shareholding of Neway Industries Private Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Neway Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jul 2023 | 100806606 | Others | ₹84.5 Lakh | Open | |
| 24 Jul 2023 | 100806605 | Others | ₹1.16 Cr | Open | |
| 25 Aug 2020 | 100364656 | Others | ₹2.4 Cr | Satisfied |
To see the full charge records of Neway Industries Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Neway Industries Private Limited has 6 court cases on record: 5 filed by Neway Industries, 1 filed against it. All cases are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against Wilshire Pesticides and Fertilizer Pvt Ltd | Disposed |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Wilshire Pesticides and Fertilizer Pvt Ltd | Disposed |
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against Mold-Tek Packaging Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed against the company by Mold Tek Packaging Ltd | Disposed |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against Wilshare Pesticides and Fertilizers Pvt Ltd | Disposed |
To see the full case history of Neway Industries 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 Neway Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neway Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN5410L1ZI | Gujarat | Active | 23 May 2019 |
To see the full GST registrations and return filing status of Neway Industries Private Limited, buy the company report.
Recent activity
Neway Industries Private Limited has 16 board changes on record since 2020: 6 appointments and 10 cessations. The latest: Dharmeshbhai Bhovanbhai Dadhaniya ceased to be Additional Director on 29 Sep 2024.
AGM
Neway Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 25 Aug 2020 via Charge ID 100364656 with Others was fully satisfied on 30 Sep 2024.
Ceased
Dharmeshbhai Bhovanbhai Dadhaniya ceased to be Additional Director.
Ceased
Manishkumar Jayantilal Dalsaniya ceased to be Additional Director.
Ceased
Shaileshbhai Jamanbhai Makadiya ceased to be Additional Director.
Ceased
Sureshbhai Narshibhai Aghera ceased to be Additional Director.
Filing
Neway Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 84.50 Lakh with Charge ID 100806606 was registered on 24 Jul 2023.
Charges
A charge with Others amounted to Rs. 115.50 Lakh with Charge ID 100806605 was registered on 24 Jul 2023.
Appointed
Shaileshbhai Jamanbhai Makadiya was appointed as Director.
Ceased
Arvindbhai Shamajibhai Bhalodiya ceased to be Director.
Appointed
Dharmeshbhai Bhovanbhai Dadhaniya was appointed as Director.
11 earlier events are in the company report.
Frequently asked questions
Neway Industries is an active private limited company based in Veraval, Gujarat, India. The company works in bottle and cap manufacturing, within the packaging industry. It was incorporated on 23 May 2019 (7+ years old) and is registered under CIN U25190GJ2019PTC108280.
Neway Industries has 6 current directors:
- Manishkumar Jayantilal Dalsaniya - Director
- Arvind Ranchhodbhai Dholariya - Director
- Dharmeshbhai Bhovanbhai Dadhaniya - Director
- Sureshbhai Narshibhai Aghera - Director
- Shaileshbhai Jamanbhai Makadiya - Director
- Denish Aravindbhai Bhalodiya - Director
The latest financial statements of Neway Industries 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 2020 are in the company report.
The GSTIN of Neway Industries is 24AAGCN5410L1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of Neway Industries is U25190GJ2019PTC108280. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neway Industries has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Neway Industries was incorporated on 23 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neway Industries by revenue are Kodanda Polypacks Private Limited, Media Manoeuvre (India) Private Limited, Bhagwati Pet (India) Private Limited, Anjali Polyplast Private Limited, Gujarat Polyplast Private Limited, all in the Packaging industry (Bottles and Caps), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Dharmeshbhai Bhovanbhai Dadhaniya ceased to be Additional Director on 29 Sep 2024. Manishkumar Jayantilal Dalsaniya ceased to be Additional Director on 29 Sep 2024. Shaileshbhai Jamanbhai Makadiya ceased to be Additional Director on 29 Sep 2024. Neway Industries has 16 board changes on record in total.
Yes, Neway Industries is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0051565).
The registered office of Neway Industries is at Shade No.3 And 4 R.S.No.212 Plot No.7 Opp Shree Ram Industries Near Kisan Steel Tal:Kot, Da Sangani, Veraval, Gujarat, India – 360024.
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