Nextway Life Private Limited
About Nextway Life Private Limited
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Nextway Life Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 10 June 2016.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2016PTC092417. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Rajeshkumar Madhavrav Change and Dipakbhai Shamjibhai Patel.
Its last annual general meeting (AGM) was held on 15 December 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Surat, Gujarat.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.88 Lakh. For the same year it recorded a net profit of ₹21,607 (net margin 3.1%) and EBITDA of ₹34,741 (EBITDA margin 5%).
Company details
Contact details
Nextway Life Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.30 – 31 Devjinagar Housing Society – 1 Ashwini Kum, Ar Road, Surat, Gujarat, India – 395008
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Nextway Life 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 Nextway Life is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Nextway Life Private Limited, buy the company report.
Financials of Nextway Life Private Limited
FY 2017 filings availableNextway Life Private Limited reported revenue of ₹6.88 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹6.88 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹34,741 |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹21,607 |
| 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 2016-17 |
|---|---|
| Profitability | |
| EBITDA Margin | 5% |
| Net Profit Margin | 3.1% |
| 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 Nextway Life Private Limited, buy the company report.
Board of directors of Nextway Life Private Limited
Nextway Life has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshkumar Madhavrav Change | Director | 10 Jun 2016 | 10 Years 4 Months | As last reported |
| Dipakbhai Shamjibhai Patel | Director | 10 Jun 2016 | 10 Years 4 Months | As last reported |
| Milankumar Maganbhai Patel | Director | 10 Jun 2016 | 10 Years 4 Months | As last reported |
Peer comparison
Nextway Life Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Komal Capital Market Private Limited | ₹6.89 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Manimukhta Jewels Private Limited | ₹6.89 Lakh (FY 2020) | Kanpur, Uttar Pradesh, India | ||||
| Pramipay Solutions Private Limited | ₹6.89 Lakh (FY 2021) | Mumbai, Maharashtra, India | ||||
| Great Marketing Strategies and Solutions Private Limited | ₹6.89 Lakh (FY 2016) | 10.0% | Sathyamangalam, Tamil Nadu, India | |||
| Sarah Power Project Private Limited | ₹6.88 Lakh (FY 2024) | Almora, Uttarakhand, India | ||||
| Nextway Life Private Limitedthis company | ₹6.88 Lakh (FY 2017) | ₹21,607 | 3.1% | Surat, Gujarat, India | ||
| Hindustan Merchants Limited | ₹6.88 Lakh (FY 2025) | -64.0% | Delhi, India | |||
| Parasnath Agroils Limited | ₹6.87 Lakh (FY 2025) | -90.0% | Delhi, India | |||
| Aniksha Productions Private Limited | ₹6.87 Lakh (FY 2025) | 125.0% | Chennai, Tamil Nadu, India | |||
| Kayasetu Ayurveda Private Limited | ₹6.87 Lakh (FY 2021) | Ludhiana, Punjab, India | ||||
| Bullsnbears Infotech Private Limited | ₹6.87 Lakh (FY 2025) | Noida, Uttar Pradesh, India |
To see the full peer comparison of Nextway Life Private Limited, buy the company report.
Auditor
Nextway Life Private Limited is audited by G D A & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G D A & CO. | FY 2017 | 0115697W |
Shareholding
The shareholding of Nextway Life Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Nextway Life Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Nextway Life Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Nextway Life Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nextway Life 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 Nextway Life Private Limited, buy the company report.
Recent activity
Nextway Life Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Bhaveshkumar Babubhai Radadiya ceased to be Director on 02 Jan 2017.
Frequently asked questions
Nextway Life has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Nextway Life was a private limited company based in Surat, Gujarat, India. The company worked in retailers, within the trading industry. It was incorporated on 10 June 2016 and is registered under CIN U74999GJ2016PTC092417. The company has been struck off by the Registrar of Companies and is no longer operational.
Nextway Life had 3 directors:
- Rajeshkumar Madhavrav Change - Director
- Dipakbhai Shamjibhai Patel - Director
- Milankumar Maganbhai Patel - Director
The CIN (Corporate Identification Number) of Nextway Life is U74999GJ2016PTC092417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Nextway Life is at Plot No.30 – 31 Devjinagar Housing Society – 1 Ashwini Kum, Ar Road, Surat, Gujarat, India – 395008.
Nextway Life was incorporated on 10 June 2016. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Nextway Life on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 15 December 2017. Year-wise statements from FY 2017 are in the company report.
No. Nextway Life has 1 GST registration on record and it is cancelled or inactive.
Nextway Life operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Nextway Life by revenue are Komal Capital Market Private Limited, Manimukhta Jewels Private Limited, Pramipay Solutions Private Limited, Great Marketing Strategies and Solutions Private Limited, Sarah Power Project Private Limited and 5 more, all in the same principal business activity (retail trading).
Bhaveshkumar Babubhai Radadiya ceased to be Director on 02 Jan 2017. Kamleshbhai Jugalbhai Sodvadiya ceased to be Director on 02 Jan 2017. Dipakbhai Shamjibhai Patel was appointed as Director on 10 Jun 2016. Nextway Life has 5 board changes on record in total.
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