MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0034257
Newenergie Renewables Limited - environment in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹81.04 Cr
▲ 64% YoY
Net profit · FY 2025
₹2.61 Cr
Net margin 3.2%
EBITDA · FY 2025
₹7.99 Cr
EBITDA margin 9.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹20.62 Lakh
Issued & subscribed
Open charges
₹48.12 Cr
Satisfied ₹42.25 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
56
Provident fund records
About Newenergie Renewables Limited
Data last updated:
Newenergie Renewables Limited is a public limited company based in Navi Mumbai, Maharashtra, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 24 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35105MH2005PLC153482. Its GSTIN is 27AACCV0490L1Z2 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹20.62 Lakh. It was formerly known as Visa Powertech Private Limited. It is led by directors including Satinder Baldevraj Aggarwal (Managing Director) and Vishesh Aggarwal (Whole-Time Director).
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 W – 223 MIDC Ttc Industrial Area Khairne, Navi Mumbai, Maharashtra, India – 400709.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.04 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 3.2%) and EBITDA of ₹7.99 Cr (EBITDA margin 9.9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 26% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Visa Powertech and NewEnergie. As per MCA filings, the company has open charges of ₹48.12 Cr and satisfied charges of ₹42.25 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 5 cases are pending. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.16 Cr; the latest was in January 2023. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 87 overdue payments to 13 micro and small suppliers.
Newenergie Renewables Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0034257). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newenergie.co.in.
Company details
CIN U35105MH2005PLC153482
Registration Number 153482
Incorporation Date 24 May 2005
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0034257
Name history
Newenergie Renewables has undergone 2 name changes throughout its history. The company was previously known as Visa Powertech Private Limited, and Newenergie Renewables Limited. The current legal name is Newenergie Renewables Limited.
| Company Name | Status |
|---|---|
| Newenergie Renewables Limited | Current |
| Visa Powertech Private Limited | Previous |
CIN history
Newenergie Renewables has one previous CIN (Corporate Identification Number): U31909MH2005PTC153482. The current CIN is U35105MH2005PLC153482, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105MH2005PLC153482 | Current |
| U31909MH2005PTC153482 | Previous |
Key People
Satinder Baldevraj Aggarwal Managing Director Vishesh Aggarwal Whole-Time Director Brijesh Narendra Gupta Director Recognitions & Rankings of Newenergie Renewables
Contact details
Newenergie Renewables Limited's registered office is in Navi Mumbai, Maharashtra.
- Social Media
- Registered AddressW – 223 MIDC Ttc Industrial Area Khairne, Navi Mumbai, Maharashtra, India – 400709
- IndustryEnvironment, Clean Energy Solutions
Comprehensive company report
Newenergie Renewables Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Brands
Newenergie Renewables operates two associated brands: Visa Powertech and NewEnergie. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar systems, battery storage, and EV charging for renewable energy. | visapowertech.com | |
| Provider of renewable energy solutions, offering solar trackers, EV charging systems, and home automation systems | newenergie.co.in |
Business activity
The main business activity of Newenergie Renewables is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Newenergie Renewables Limited, buy the company report.
Financials of Newenergie Renewables Limited
FY 2024 filings availableNewenergie Renewables Limited reported revenue of ₹81.04 Cr (up 64% YoY) for FY 2025.
Revenue · FY 2025
₹81.04 Cr ▲ 64%
Net profit · FY 2025
₹2.61 Cr margin 3.2%
EBITDA · FY 2025
₹7.99 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▼ 4%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 145%
3 years · compounded
▲ 24%
5 years · compounded
▲ 161%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 64% growth in the latest year. EBITDA rose 145% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.99 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Newenergie Renewables Limited, buy the company report.
Board of directors of Newenergie Renewables Limited
Newenergie Renewables has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Brijesh Narendra Gupta | Director | 14 Feb 2025 | 1 Years 8 Months | Current |
| Satinder Baldevraj Aggarwal Also directs: Greenshift Initiatives Private Limited | Managing Director | 24 May 2005 | 21 Years 5 Months | Current |
| Bhavana Satinder Aggarwal Also directs: Greenshift Initiatives Private Limited | Director | 24 May 2005 | 21 Years 5 Months | Current |
| Vishesh Aggarwal | Whole-Time Director | 14 Feb 2025 | 1 Years 8 Months | Current |
Charges & borrowings
Open charges
₹48.12 Cr
Satisfied charges
₹42.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2025 | 101164833 | Hdfc Bank Limited | ₹1.69 Cr | Open | |
| 29 Jun 2024 | 100947122 | Others | ₹40 Lakh | Open | |
| 28 Jul 2023 | 100767304 | Hdfc Bank Limited | ₹13 Lakh | Open | |
| 03 Dec 2019 | 100307011 | Hdfc Bank Limited | ₹90 Lakh | Open | |
| 07 Apr 2017 | 100105971 | Hdfc Bank Limited | ₹10 Cr | Open |
To see the full charge records of Newenergie Renewables Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Newenergie Renewables Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.16 Cr; the latest was in January 2023.
Total deals
4
Funding rounds
2
Secondary share transfers
2
Disclosed funding
₹1.16 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Funding round | ₹1.06 Cr | Investors: 4 individuals |
| Jun 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Mar 2013 | Funding round | ₹10 Lakh | Investors: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Newenergie Renewables Limited has 16 court cases on record: 4 filed by Newenergie Renewables, 12 filed against it. 5 cases are pending and 11 are disposed.
Total cases
16
Filed by the company
4
Filed against the company
12
Pending
5
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 4 |
| High courts | 2 | 2 | 0 |
| NCLT | 2 | 0 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Court case (COS) | Filed against the company by Visaka Industries Limited, Rep.By. Rajanikant Rama | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed by the company against Maheswari Mining and Energy Pvt Ltd | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by Visaka Industries Limited | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by V Capital Services | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by V Capital Services | Pending |
To see the full case history of Newenergie Renewables 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.
Credit ratings & regulatory alerts
Newenergie Renewables Limited was last rated by Crisil on 11 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 11 Dec 2019 |
To see the full credit ratings and regulatory alerts of Newenergie Renewables Limited, buy the company report.
MSME payment delays
Newenergie Renewables Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 87 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Prismatic Technologies | |||
| Wel Finish Metal Processors Private Limited | |||
| an individual supplier | |||
| Vashi Integrated Solutions Limited | |||
| an individual supplier |
To see the full MSME payment records of Newenergie Renewables Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Newenergie Renewables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCV0490L1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Newenergie Renewables Limited, buy the company report.
Recent activity
Newenergie Renewables Limited has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Satinder Baldevraj Aggarwal ceased to be Director on 30 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 10.00 Cr registered on 07 Apr 2017 with Charge ID 100105971 was modified on 04 Oct 2025.
Ceased
Satinder Baldevraj Aggarwal ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.69 Cr with Charge ID 101164833 was registered on 05 Aug 2025.
Ceased
Brijesh Narendra Gupta ceased to be Director.
Ceased
Vishesh Aggarwal ceased to be Director.
Appointed
Brijesh Narendra Gupta was appointed as Director.
Appointed
Vishesh Aggarwal was appointed as Whole-Time Director.
AGM
Newenergie Renewables Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.40 Cr with Charge ID 100947122 was registered on 29 Jun 2024.
Filing
Newenergie Renewables Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 100767304 was registered on 28 Jul 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 35.00 Cr registered on 01 Apr 2017 with Charge ID 100094238 was modified on 29 Nov 2022.
23 earlier events are in the company report.
Frequently asked questions
Newenergie Renewables is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 24 May 2005 (21+ years old) and is registered under CIN U35105MH2005PLC153482.
Newenergie Renewables has 4 current directors:
- Satinder Baldevraj Aggarwal - Managing Director
- Vishesh Aggarwal - Whole-Time Director
- Brijesh Narendra Gupta - Director
- Bhavana Satinder Aggarwal - Director
The latest financial statements of Newenergie Renewables 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.
The GSTIN of Newenergie Renewables is 27AACCV0490L1Z2, registered in Maharashtra.
The CIN (Corporate Identification Number) of Newenergie Renewables is U35105MH2005PLC153482. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newenergie Renewables has 16 court cases on record: 4 filed by the company and 12 filed against it. 5 are pending. Most are in the district courts.
Newenergie Renewables was incorporated on 24 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Newenergie Renewables has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹1.16 Cr; the latest was in January 2023.
Satinder Baldevraj Aggarwal ceased to be Director on 30 Sep 2025. Brijesh Narendra Gupta ceased to be Director on 09 Mar 2025. Vishesh Aggarwal ceased to be Director on 09 Mar 2025. Newenergie Renewables has 7 board changes on record in total.
Yes, Newenergie Renewables is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0034257).
Newenergie Renewables has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 87 overdue payments to 13 micro and small suppliers. The latest return was filed on 30 May 2019.
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