About New India Electricals Limited
Data last updated: 23 December 2025
New India Electricals Limited is a public limited company based in Bengaluru, Karnataka, India. It specialises in power equipment manufacturers, a part of the broader energy and power sector. Incorporated on 15 April 1994, the company has been in operation for over 32 years.
Registered with ROC Bangalore under CIN U85110KA1994PLC015512.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.58 Cr. Formerly known as New India Electricals Private Limited. It is led by directors including Hemanshu Narendra Desai and Payal Nipul Desai.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Powerhouse No.18 Jcroad, Bengaluru, Karnataka, India – 560002.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.49 Cr, a growth of 27% compared to the previous year.
The company has a workforce of approximately 52 employees as per the latest available data.
The company is associated with 1 brand - New India Electricals. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹9.9 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 newindiaelectricals.com.
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Registered AddressPowerhouse No.18 Jcroad, Bengaluru, Karnataka, India – 560002
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IndustryEnergy and Power, Power Equipment Manufacturers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of New India Electricals Limited
New India Electricals Limited has one previous CIN (Corporate Identification Number): U85110KA1994PTC015512. The current CIN is U85110KA1994PLC015512, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1994PLC015512 | Current |
| U85110KA1994PTC015512 | Previous |
Associated Brands with New India Electricals Limited
New India Electricals Limited operates one associated brand: New India Electricals. These brands represent New India Electricals Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies electrical motors, pumps, valves, and switchgear panels worldwide. | newindiaelectricals.com |
Competitors & Alternatives of New India Electricals Limited
Brands and companies operating in the same space as New India Electricals Limited include Cummins, Valeo, UNO Minda and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Cummins
|
Manufacturer of gas-powered construction equipment | United States | 1919 |
Valeo
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Automotive products and services are supplied globally to automakers. | Paris, France, France | 1923 |
UNO Minda
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies | Gurugram, India, India | 1958 |
Rane Group
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Major auto components are manufactured and supplied to OEMs. | Chennai, India, India | 1929 |
Linamar
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Motor vehicle and agricultural parts are manufactured and supplied. | Guelph, Canada, Canada | 1966 |
Novares
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Major auto components are manufactured and supplied globally. | Clamart, France, France | 1955 |
Schaeffler
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Manufacturer of bearings for the automotive industry | Herzogenaurach, Germany, Germany | 1946 |
Hutchinson
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Manufacturer and supplier of major auto components | Paris, France, France | 1853 |
Faurecia
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Automotive components and systems are manufactured for vehicles. | Nanterre, France, France | 1997 |
Business Activity of New India Electricals Limited
New India Electricals Limited is engaged in the principal business activity of manufacturing, with detailed activities including computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details for New India Electricals Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of New India Electricals Limited
New India Electricals Limited is audited by KUMBHAT & CO for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KUMBHAT & CO | Locked | Locked | Locked |
Complete auditor history for New India Electricals Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
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Board of Directors of New India Electricals Limited
New India Electricals Limited is currently managed by 5 directors, with 2 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Hemanshu Narendra Desai
Also directs:
Korus Energy Solutions Private Limited, Bitmango Private Limited, New India Electricals Limited and 1 more
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Managing Director | 15 Apr 1994 | 32 Years 3 Months | Current |
| Payal Nipul Desai | Director | 26 Dec 2003 | 22 Years 6 Months | Current |
| Nipul Narendra Desai | Whole-Time Director | 15 Apr 1994 | 32 Years 3 Months | Current |
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Pramila Narendra Desai
Also directs:
New India Electricals Limited
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Director | 15 Apr 1994 | 32 Years 3 Months | Current |
| Amisha Hemanshu Desai | Director | 26 Dec 2003 | 22 Years 6 Months | Current |
Financials of New India Electricals Limited FY 2024 filings available
New India Electricals Limited reported revenue of ₹68.49 Cr (up 27.00% YoY) for FY 2024.
Ten-year financial statements for New India Electricals Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of New India Electricals Limited
Shareholding and ownership data for New India Electricals Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of New India Electricals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Oct 2023 | Others | ₹2 Cr | Open |
| 16 Dec 2010 | State Bank of India | ₹5 Cr | Satisfied |
| 21 Apr 2005 | Corporation Bank | ₹4.9 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at New India Electricals Limited
New India Electricals Limited has a workforce of 52 employees as of Apr 09, 2024.
Employee and EPFO history for New India Electricals Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of New India Electricals Limited
GST registrations and filing compliance for New India Electricals Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for New India Electricals Limited
Credit ratings, litigation, and regulatory alerts for New India Electricals Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by New India Electricals Limited
MSME payment history for New India Electricals Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of New India Electricals Limited
Corporate group structure for New India Electricals Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of New India Electricals Limited
MCA filings and documents for New India Electricals Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on New India Electricals Limited
Frequently Asked Questions about New India Electricals Limited
New India Electricals Limited is an active public limited company in the energy and power sector based in Bengaluru, Karnataka, India. It was incorporated on 15 April 1994 (32+ years old) and is registered under CIN U85110KA1994PLC015512. The company has 52 employees.
New India Electricals Limited reported revenue of ₹68.49 Cr for FY 2024 (up 27.00% YoY).
The current directors of New India Electricals Limited are:
- Hemanshu Narendra Desai - Managing Director
- Payal Nipul Desai - Director
- Nipul Narendra Desai - Whole-Time Director
- Pramila Narendra Desai - Director
- Amisha Hemanshu Desai - Director
The primary industry of New India Electricals Limited is energy and power. The company specifically operates in power equipment manufacturers. The company is currently active in this sector.
New India Electricals Limited can be reached at the registered office: Powerhouse No.18 Jcroad, Bengaluru, Karnataka, India – 560002, or through the website newindiaelectricals.com.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹4.58 Cr.