Newquest Services Private Limited
About Newquest Services Private Limited
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Newquest Services Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Avantha Holdings Limited. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 19 August 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72300TN1992PTC170281. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹12 Lakh. It was formerly known as James Martin & Co. Private Limited. It is led by directors Simon Solomon and Narayanan Mohanraj.
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 Chennai, Tamil Nadu.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.97 Cr. For the same year it recorded a net loss of ₹31.18 Lakh (net margin -6.3%) and EBITDA of -₹1.53 Lakh (EBITDA margin -0.3%).
As per MCA filings, the company has satisfied charges of ₹90 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Newquest Services has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72300TN1992PTC170281, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300TN1992PTC170281 | Current |
| U72300HR1992PTC089675 | Previous |
| U74899DL1992PTC050018 | Previous |
| U72300DL1992PTC050018 | Previous |
Contact details
Newquest Services Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressNo. 14 1st Floor Haddows Road, 1st Street Nungambakkam, Chennai, Tamil Nadu, India – 600006
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Newquest Services 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
Financials of Newquest Services Private Limited
FY 2024 filings availableNewquest Services Private Limited reported revenue of ₹4.97 Cr for FY 2020.
Financial Statement Summary
| 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 | ₹4.97 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31.18 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -6.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Newquest Services Private Limited, buy the company report.
Board of directors of Newquest Services Private Limited
Newquest Services has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simon Solomon Also directs: Sstoc India Private Limited, Iti Holdings and Investment Private Limited, Ogs Paylab Private Limited and 4 more | Director | 03 Nov 2023 | 2 Years 11 Months | Current |
| Narayanan Mohanraj Also directs: Vani Agencies Private Limited, Vani-Plus Nine One Foundation | Director | 31 May 2021 | 5 Years 4 Months | Current |
Auditor
Newquest Services Private Limited is audited by D B M S & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B M S & ASSOCIATES | FY 2020 | 026573N |
Shareholding
The shareholding of Newquest Services Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Newquest Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2019 | 100265926 | Others | ₹90 Cr | Satisfied |
To see the full charge records of Newquest Services Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Newquest Services Private Limited has 6 court cases on record: 5 filed by Newquest Services, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 0 | 0 |
| High courts | 3 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, South, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against M/S Headstrong Corporation & O | Disposed |
| High Court of Delhi | Court case (FAO(OS)) | Filed against the company by an individual | Disposed |
To see the full case history of Newquest Services 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 Newquest Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Newquest Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Newquest Services Private Limited, buy the company report.
Recent activity
Newquest Services Private Limited has 14 board changes on record since 2007: 2 appointments and 12 cessations. The latest: Simon Solomon was appointed as Director on 03 Nov 2023.
7 earlier events are in the company report.
Frequently asked questions
Newquest Services is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 19 August 1992 (34+ years old) and is registered under CIN U72300TN1992PTC170281.
Newquest Services has 2 current directors:
- Simon Solomon - Director
- Narayanan Mohanraj - Director
The latest financial statements of Newquest Services 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 2015 are in the company report.
No. Newquest Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Newquest Services is U72300TN1992PTC170281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newquest Services has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the district courts.
Newquest Services was incorporated on 19 August 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Simon Solomon was appointed as Director on 03 Nov 2023. Mohinder Kumar Gupta ceased to be Additional Director on 30 Nov 2021. Narayanan Mohanraj ceased to be Additional Director on 30 Nov 2021. Newquest Services has 14 board changes on record in total.
The registered office of Newquest Services is at No. 14 1st Floor Haddows Road, 1st Street Nungambakkam, Chennai, Tamil Nadu, India – 600006.
Newquest Services operates in the business outsourcing industry, in the business and IT consulting segment.