Newyear Kuries Private Limited
About Newyear Kuries Private Limited
Data last updated:
Newyear Kuries Private Limited is a private limited company based in Kechery, Kerala, India. It operates in the microfinance institutions segment of the financial services sector. It was incorporated on 12 December 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U65992KL2011PTC030001.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Mambarambil Mohanan Prasad (Managing Director) and Pandaran Ashokan Lisha.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D/No.14/9(I) Moosakutty Shopping Complex Op.South Indian Bank Kunnamkulam Road, Kechery, Kerala, India – 680501.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.12 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹10.36 Lakh (net margin 2.5%) and EBITDA of ₹1.12 Cr (EBITDA margin 27.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.95 Cr and satisfied charges of ₹36.33 Lakh on record. Court records list 275 cases involving the company, including 274 filed by the company and 1 filed against it; 22 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Newyear Kuries Private Limited's registered office is in Kechery, Kerala. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD/No.14/9(I) Moosakutty Shopping Complex Op.South Indian Bank Kunnamkulam Road, Kechery, Kerala, India – 680501
- IndustryFinancial Services, Microfinance Institutions
To see the full contact details of Newyear Kuries 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 Newyear Kuries is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Newyear Kuries Private Limited, buy the company report.
Financials of Newyear Kuries Private Limited
FY 2025 filings availableNewyear Kuries Private Limited reported revenue of ₹4.12 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 12% fall in the latest year. EBITDA rose 6% 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 |
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| EBITDA | ₹1.12 Cr | ||||
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| Net Profit (PAT) | ₹10.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.1% | ||||
| Net Profit Margin | 2.5% | ||||
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To see the full financial statements and ratios of Newyear Kuries Private Limited, buy the company report.
Board of directors of Newyear Kuries Private Limited
Newyear Kuries has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mambarambil Mohanan Prasad Also directs: Newyear Producer Company Limited, Newyear Golden Tea Supplies Private Limited, Newyear Golden Tea Private Limited and 4 more | Managing Director | 12 Dec 2011 | 14 Years 10 Months | Current |
| Pandaran Ashokan Lisha Also directs: Newyear Producer Company Limited, Newyear Golden Tea Supplies Private Limited, Newyear Developers Private Limited and 3 more | Director | 20 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Newyear Kuries Private Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| V G N Chit and Finance Company Private Limited. | ₹4.24 Cr (FY 2019) | 48.0% | Mumbai, Maharashtra, India | |||
| Gopalapuram Thangalakshmi Chits Private Limited | ₹4.22 Cr (FY 2025) | 12.0% | Coimbatore, Tamil Nadu, India | |||
| Swasraya Nidhi Limited | ₹4.19 Cr (FY 2025) | 14.0% | Thrissur, Kerala, India | |||
| Newyear Kuries Private Limitedthis company | ₹4.12 Cr (FY 2024) | ₹10.36 Lakh | 2.5% | -12.0% | 8 | Kechery, Kerala, India |
| Sivamurugan Chit Funds Private Limited | ₹4.11 Cr (FY 2024) | 4.0% | Chidambaranar, Tamil Nadu, India | |||
| Future Securewealth Nidhi Limited | ₹4.04 Cr (FY 2025) | 30.0% | Thrissur, Kerala, India | |||
| City Housing Nidhi Limited | ₹4.03 Cr (FY 2025) | -18.0% | Tirupur, Tamil Nadu, India | |||
| Madurai City Permanent Nidhi Limited | ₹4.02 Cr (FY 2025) | 21.0% | Madurail625, Tamil Nadu, India |
To see the full peer comparison of Newyear Kuries Private Limited, buy the company report.
Auditor
Newyear Kuries Private Limited is audited by HIRAN AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HIRAN AND CO. | FY 2023 | 013264S |
Shareholding
The shareholding of Newyear Kuries Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Newyear Kuries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2018 | 100214541 | Others | ₹35 Lakh | Open | |
| 13 Apr 2017 | 100091377 | Others | ₹99.95 Lakh | Open | |
| 05 Feb 2015 | 10549562 | The Federal Bank Limited | ₹60 Lakh | Open | |
| 13 Jun 2016 | 100034503 | Others | ₹36.33 Lakh | Satisfied |
To see the full charge records of Newyear Kuries Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Newyear Kuries Private Limited has 275 court cases on record: 274 filed by Newyear Kuries, 1 filed against it. 22 cases are pending and 253 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 273 | 1 | 22 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 275)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Execution petition | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against an individual | Pending |
| District court, Thrissur, Kerala | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Newyear Kuries 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 Newyear Kuries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Newyear Kuries Private Limited has a workforce of 8 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
No GST registration is on our record for Newyear Kuries Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Newyear Kuries Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Mujeeba ceased to be Director on 21 Aug 2013.
Frequently asked questions
Newyear Kuries is an active private limited company based in Kechery, Kerala, India. The company works in microfinance institutions, within the financial services industry. It was incorporated on 12 December 2011 (15+ years old) and is registered under CIN U65992KL2011PTC030001.
Newyear Kuries has 2 current directors:
- Mambarambil Mohanan Prasad - Managing Director
- Pandaran Ashokan Lisha - Director
The latest financial statements of Newyear Kuries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Newyear Kuries is U65992KL2011PTC030001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newyear Kuries has 275 court cases on record: 274 filed by the company and 1 filed against it. 22 are pending. Most are in the district courts.
Newyear Kuries was incorporated on 12 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Newyear Kuries by revenue are V G N Chit and Finance Company Private Limited, Gopalapuram Thangalakshmi Chits Private Limited, Swasraya Nidhi Limited, Sivamurugan Chit Funds Private Limited, Future Securewealth Nidhi Limited and 2 more, all in the BFSI industry (Micro Finance), with the same principal business activity (other financial activities).
Mujeeba ceased to be Director on 21 Aug 2013. Pandaran Ashokan Lisha was appointed as Director on 20 Aug 2013. Mambarambil Mohanan Prasad was appointed as Managing Director on 12 Dec 2011.
The registered office of Newyear Kuries is at DNo.149I Moosakutty Shopping Complex Op.South Indian Bank Kunnamkulam Road, Kechery, Kerala, India – 680501.
Newyear Kuries operates in the financial services industry, in the microfinance institutions segment.
Newyear Kuries has open charges of ₹1.95 Cr and satisfied charges of ₹36.33 Lakh as per latest MCA filings.