About New Age Software and Solutions (India) Private Limited
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New Age Software and Solutions (India) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the business process outsourcing sector. It was incorporated on 05 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2006PTC059734. Its GSTIN is 33AACCN2964R2ZX (Tamil Nadu). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.29 Cr. It is led by directors including Manu Raj Bhalla and Sivakumar Kanagasundaram.
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 Plot A – 38 Phase I Mepz – SEZ Tambaram, Chennai, Tamil Nadu, India – 600045.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.38 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹3.1 Cr (net margin 7.5%) and EBITDA of ₹5.12 Cr (EBITDA margin 12.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 8% over five years.
The company is associated with 1 brand: eFreight Suite. As per MCA filings, the company has satisfied charges of ₹4.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newage-global.com.
Company details
Contact details
New Age Software and Solutions (India) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is newage-global.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot A – 38 Phase I Mepz – SEZ Tambaram, Chennai, Tamil Nadu, India – 600045
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of New Age Software and Solutions (India) 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
Brands
New Age Software and Solutions (India) operates one associated brand: eFreight Suite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a web-based ERP solution for logistics companies. | efreightsuite.com |
Business activity
The main business activity of New Age Software and Solutions (India) is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of New Age Software and Solutions (India) Private Limited, buy the company report.
Financials of New Age Software and Solutions (India) Private Limited
FY 2025 filings availableNew Age Software and Solutions (India) Private Limited reported revenue of ₹41.38 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 20% 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 | ₹5.12 Cr | ||||
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| Net Profit (PAT) | ₹3.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 12.4% | ||||
| Net Profit Margin | 7.5% | ||||
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To see the full financial statements and ratios of New Age Software and Solutions (India) Private Limited, buy the company report.
Board of directors of New Age Software and Solutions (India) Private Limited
New Age Software and Solutions (India) has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manu Raj Bhalla | Director | 05 May 2006 | 20 Years 6 Months | Current |
| Sivakumar Kanagasundaram | Director | 02 Apr 2024 | 2 Years 7 Months | Current |
| David Lionel Phillips | Director | 05 May 2006 | 20 Years 6 Months | Current |
| Amanda Nicole Phillips | Director | 21 Feb 2023 | 3 Years 8 Months | Current |
| Jonathan Phillips | Director | 30 Mar 2016 | 10 Years 7 Months | Current |
Auditor
New Age Software and Solutions (India) Private Limited is audited by PKF SRIDHAR AND SANTHANAM LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PKF SRIDHAR AND SANTHANAM LLP | FY 2023 | 003990S/S200018 |
Shareholding
The shareholding of New Age Software and Solutions (India) 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 New Age Software and Solutions (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2018 | 100172866 | Citi Bank N.A. | ₹3 Cr | Satisfied | |
| 10 Sep 2007 | 10069527 | Vijaya Bank | ₹1.75 Cr | Satisfied |
To see the full charge records of New Age Software and Solutions (India) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving New Age Software and Solutions (India) 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 New Age Software and Solutions (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
New Age Software and Solutions (India) has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCN2964R2ZX | Tamil Nadu | Active | 01 Jul 2017 |
| 33AACCN2964R3ZW | Tamil Nadu | Active | 19 Aug 2017 |
| 29AACCN2964R1ZN | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of New Age Software and Solutions (India) Private Limited, buy the company report.
Recent activity
New Age Software and Solutions (India) Private Limited has 11 board changes on record since 2006: 5 appointments and 6 cessations. The latest: Sivakumar Kanagasundaram ceased to be Additional Director on 29 Sep 2024.
6 earlier events are in the company report.
Frequently asked questions
New Age Software and Solutions (India) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 05 May 2006 (20+ years old) and is registered under CIN U72200TN2006PTC059734.
New Age Software and Solutions (India) has 5 current directors:
- Manu Raj Bhalla - Director
- Sivakumar Kanagasundaram - Director
- David Lionel Phillips - Director
- Amanda Nicole Phillips - Director
- Jonathan Phillips - Director
The latest financial statements of New Age Software and Solutions (India) 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 GSTIN of New Age Software and Solutions (India) is 33AACCN2964R2ZX, registered in Tamil Nadu. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 33AACCN2964R3ZW (Tamil Nadu), 29AACCN2964R1ZN (Karnataka).
The CIN (Corporate Identification Number) of New Age Software and Solutions (India) is U72200TN2006PTC059734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
New Age Software and Solutions (India) was incorporated on 05 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
Sivakumar Kanagasundaram ceased to be Additional Director on 29 Sep 2024. Sivakumar Kanagasundaram was appointed as Director on 02 Apr 2024. . Suresh ceased to be Additional Director on 29 Sep 2023. New Age Software and Solutions (India) has 11 board changes on record in total.
New Age Software and Solutions (India) can be reached through the website newage-global.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of New Age Software and Solutions (India) is at Plot A – 38 Phase I Mepz – SEZ Tambaram, Chennai, Tamil Nadu, India – 600045.
New Age Software and Solutions (India) operates in the business outsourcing industry, in the business process outsourcing segment.
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