About Neway Shipping Private Limited
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Neway Shipping Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 14 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U63090GJ2018PTC103639. Its GSTIN is 24AAGCN1670C1ZV (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Dishaben Bhavinbhai Mungara and Bhavin Tulsibhai Mungara.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Times Square Shop No. 204 Balaji Hall Chowk Ring Rd Village: Rajkot, Gujarat, India – 360005.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.14 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net loss of ₹17.29 Lakh (net margin -1.7%) and EBITDA of -₹12.25 Lakh (EBITDA margin -1.2%). Revenue has grown at a compounded annual rate (CAGR) of 145% over three years.
Court records list 10 cases involving the company, including 10 filed by the company; 8 cases are pending.
For more details, the company can be reached via its website newayshipping.com.
Company details
Contact details
Neway Shipping Private Limited's registered office is in Rajkot, Gujarat. Its website is newayshipping.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTimes Square Shop No. 204 Balaji Hall Chowk Ring Rd Village: Rajkot, Gujarat, India – 360005
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Neway Shipping 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
Business activity
The main business activity of Neway Shipping is transport and storage. In detail, this covers services incidental to land, water & air transportation.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| H | Transport and storage | H5 | Services incidental to land, water & air transportation |
To see the full business activity and turnover split of Neway Shipping Private Limited, buy the company report.
Financials of Neway Shipping Private Limited
FY 2022 filings availableNeway Shipping Private Limited reported revenue of ₹10.14 Cr (up 44% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 145% over three years, including 44% growth in the latest year. EBITDA fell 445% 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 |
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| EBITDA | -₹12.25 Lakh | |||
| Profit Before Tax | ||||
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| Net Profit (PAT) | -₹17.29 Lakh | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1.2% | |||
| Net Profit Margin | -1.7% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Neway Shipping Private Limited, buy the company report.
Board of directors of Neway Shipping Private Limited
Neway Shipping has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dishaben Bhavinbhai Mungara | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
| Bhavin Tulsibhai Mungara | Director | 14 Aug 2018 | 8 Years 2 Months | Current |
Auditor
Neway Shipping Private Limited is audited by R HARSODA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R HARSODA & ASSOCIATES | FY 2021 | 134247W |
Shareholding
The shareholding of Neway Shipping Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neway Shipping Private Limited, buy the company report.
Legal cases
Neway Shipping Private Limited has 10 court cases on record: 10 filed by Neway Shipping. 8 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 0 | 8 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against VPN Buildwares Pvt. Ltd. and 1 other | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Court case (CR EN) | Filed by the company against an individual | Pending |
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against individuals | Pending |
To see the full case history of Neway Shipping 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 Shipping Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neway Shipping has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCN1670C1ZV | Gujarat | Active | 13 Oct 2018 |
To see the full GST registrations and return filing status of Neway Shipping Private Limited, buy the company report.
Recent activity
Neway Shipping Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Dhirajlal Ganeshbhai Mungra ceased to be Director on 06 Aug 2023.
Frequently asked questions
Neway Shipping is an active private limited company based in Rajkot, Gujarat, India. The company works in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 14 August 2018 (8+ years old) and is registered under CIN U63090GJ2018PTC103639.
Neway Shipping has 2 current directors:
- Dishaben Bhavinbhai Mungara - Director
- Bhavin Tulsibhai Mungara - Director
The latest financial statements of Neway Shipping on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Neway Shipping is 24AAGCN1670C1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Neway Shipping is U63090GJ2018PTC103639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neway Shipping has 10 court cases on record: 10 filed by the company. 8 are pending.
Neway Shipping was incorporated on 14 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dhirajlal Ganeshbhai Mungra ceased to be Director on 06 Aug 2023. Dishaben Bhavinbhai Mungara was appointed as Director on 01 Aug 2023. Dipak Madhavjibhai Talpada ceased to be Director on 03 May 2023. Neway Shipping has 7 board changes on record in total.
Neway Shipping can be reached through the website newayshipping.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Neway Shipping is at Times Square Shop No. 204 Balaji Hall Chowk Ring Rd Village: Rajkot, Gujarat, India – 360005.
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