About New Markets Avenue Limited
Data last updated:
New Markets Avenue Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 06 November 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L74120MH1982PLC028648. It is a listed company as per MCA records. Its shares are listed on BSE: 508867.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹10.24 Cr. It was formerly known as Neena Consultants Limited. It is led by directors including Kishore Kanhiyalal Jain (Whole-Time Director) and Sejal Dattaram Yerapale.
Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at G2 & G3 Samarpan Complex Next To Mirador Hotel, Opp Satam Wadi Chakala Andheri East Mumbai – 400099, Maharashtra, India – 400099.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹20 Lakh, a decline of 4.8% compared to the previous year. For the same year it recorded a net loss of ₹32 Lakh (net margin -160%) and EBITDA of -₹32 Lakh (EBITDA margin -160%). The net worth stands at ₹5.78 Cr (up 440.2% YoY). Total assets are valued at ₹5.77 Cr (up 340.5% YoY).
The company is associated with 1 brand: New Markets Advisory.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newmarketsadvisory.com.
Company details
Name history
New Markets Avenue has undergone 2 name changes throughout its history. The company was previously known as Neena Consultants Limited, and New Markets Avenue Limited. The current legal name is New Markets Avenue Limited.
| Company Name | Status |
|---|---|
| New Markets Avenue Limited | Current |
| Neena Consultants Limited | Previous |
CIN history
New Markets Avenue has one previous CIN (Corporate Identification Number): L74120MH1982PTC028648. The current CIN is L74120MH1982PLC028648, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74120MH1982PLC028648 | Current |
| L74120MH1982PTC028648 | Previous |
Contact details
New Markets Avenue Limited's registered office is in Mumbai, Maharashtra. Its website is newmarketsadvisory.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressG2 & G3 Samarpan Complex Next To Mirador Hotel, Opp Satam Wadi Chakala Andheri East Mumbai – 400099, Maharashtra, India – 400099
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of New Markets Avenue 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 Markets Avenue operates one associated brand: New Markets Advisory. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | newmarketsadvisory.com |
Business activity
The main business activity of New Markets Avenue is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of New Markets Avenue Limited, buy the company report.
Financials of New Markets Avenue Limited
FY 2025-26 filings availableNew Markets Avenue Limited reported revenue of ₹20 Lakh (down 4.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.20 | 0.21 | 0.03 | 0.08 | 0.09 | 0.07 | 0.08 |
| Revenue growth | -4.8% | +600.0% | -62.5% | -11.1% | +28.6% | -12.5% | - |
| EBITDA | (0.32) | 0.02 | (0.13) | (0.28) | (0.08) | (0.10) | (0.10) |
| EBITDA margin | -160.0% | +9.5% | -433.3% | -350.0% | -88.9% | -142.9% | -125.0% |
| Profit before tax | (0.32) | 0.02 | (0.13) | (0.28) | (0.08) | (0.10) | (0.02) |
| Net profit | (0.32) | 0.02 | (0.13) | (0.28) | (0.08) | (0.10) | (0.02) |
| Net profit margin | -160.0% | +9.5% | -433.3% | -350.0% | -88.9% | -142.9% | -25.0% |
| EPS (₹) | (0.51) | 0.13 | (1.04) | (2.20) | (0.61) | (0.77) | (0.29) |
| Balance sheet | |||||||
| Total assets | 5.77 | 1.31 | 1.08 | 1.18 | 1.99 | 1.95 | 1.93 |
| Net worth | 5.78 | 1.07 | 1.05 | 1.18 | 1.47 | 1.53 | 1.61 |
| Total debt | 0.00 | 0.24 | 0.03 | 0.00 | 0.53 | 0.42 | 0.32 |
| Cash & bank | 3.12 | 0.04 | 0.00 | 0.03 | 0.05 | 0.07 | 0.01 |
| Net working capital | 5.01 | 1.30 | 1.07 | 1.18 | 1.82 | 1.92 | 1.92 |
| Cash flow | |||||||
| Cash from operations | (1.83) | 0.04 | (0.03) | 0.27 | (0.09) | (0.11) | (0.21) |
| Cash from investing | (0.75) | 0.00 | (0.02) | 0.24 | (0.04) | 0.07 | 0.07 |
| Cash from financing | 5.66 | 0.00 | 0.02 | (0.53) | 0.11 | 0.10 | 0.07 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.12 | 0.17 | 0.02 |
| Revenue growth (YoY) | -100.0% | -100.0% | -100.0% | -100.0% | +300.0% | +1100.0% | - | - |
| Other income | 0.08 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.31 | 0.27 | 0.13 | 0.28 | 0.06 | 0.04 | 0.04 | 0.10 |
| EBITDA | (0.31) | (0.27) | (0.13) | (0.28) | 0.02 | 0.08 | 0.13 | (0.08) |
| EBITDA margin | - | - | - | - | +25.0% | +66.7% | +76.5% | -400.0% |
| Depreciation | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.27) | (0.25) | (0.13) | (0.28) | 0.02 | 0.08 | 0.13 | (0.08) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.12 | 0.17 | 0.02 |
| Revenue growth (YoY) | -100.0% | -100.0% | -100.0% | -100.0% | +300.0% | +1100.0% | - | - |
| Other income | 0.08 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.31 | 0.27 | 0.13 | 0.28 | 0.06 | 0.04 | 0.04 | 0.10 |
| EBITDA | (0.31) | (0.27) | (0.13) | (0.28) | 0.02 | 0.08 | 0.13 | (0.08) |
| EBITDA margin | - | - | - | - | +25.0% | +66.7% | +76.5% | -400.0% |
| Depreciation | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.27) | (0.25) | (0.13) | (0.28) | 0.02 | 0.08 | 0.13 | (0.08) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.20 | 0.21 | 0.03 | 0.08 | 0.09 | 0.07 | 0.08 |
| Revenue growth | -4.8% | +600.0% | -62.5% | -11.1% | +28.6% | -12.5% | - |
| Other income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 |
| Total expenses | 0.52 | 0.19 | 0.16 | 0.36 | 0.17 | 0.17 | 0.18 |
| Employee cost | 0.21 | 0.03 | 0.04 | 0.11 | 0.07 | 0.08 | 0.12 |
| EBITDA | (0.32) | 0.02 | (0.13) | (0.28) | (0.08) | (0.10) | (0.10) |
| EBITDA margin | -160.0% | +9.5% | -433.3% | -350.0% | -88.9% | -142.9% | -125.0% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (0.32) | 0.02 | (0.13) | (0.28) | (0.08) | (0.10) | (0.02) |
| Tax | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | (0.32) | 0.02 | (0.13) | (0.28) | (0.08) | (0.10) | (0.02) |
| Net profit margin | -160.0% | +9.5% | -433.3% | -350.0% | -88.9% | -142.9% | -25.0% |
| EPS (₹) | (0.51) | 0.13 | (1.04) | (2.20) | (0.61) | (0.77) | (0.29) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 6.27 | 1.24 | 1.24 | 1.24 | 1.24 | 1.24 | 1.24 |
| Reserves & surplus | (0.49) | (0.17) | (0.19) | (0.06) | 0.23 | 0.29 | 0.37 |
| Shareholders' funds (net worth) | 5.78 | 1.07 | 1.05 | 1.18 | 1.47 | 1.53 | 1.61 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.24 | 0.03 | 0.00 | 0.53 | 0.42 | 0.32 |
| Total debt | 0.00 | 0.24 | 0.03 | 0.00 | 0.53 | 0.42 | 0.32 |
| Total liabilities | 5.77 | 1.31 | 1.08 | 1.18 | 1.99 | 1.95 | 1.93 |
| Assets | |||||||
| Gross block | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.76 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.18 | 0.02 | 0.01 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Cash & bank balances | 3.12 | 0.04 | 0.00 | 0.03 | 0.05 | 0.07 | 0.01 |
| Loans & advances | 1.91 | 1.27 | 1.12 | 1.16 | 1.78 | 1.88 | 1.93 |
| Total current assets | 5.03 | 1.31 | 1.12 | 1.20 | 1.84 | 1.96 | 1.95 |
| Total current liabilities | 0.02 | 0.01 | 0.05 | 0.02 | 0.02 | 0.04 | 0.03 |
| Net working capital | 5.01 | 1.30 | 1.07 | 1.18 | 1.82 | 1.92 | 1.92 |
| Total assets | 5.77 | 1.31 | 1.08 | 1.18 | 1.99 | 1.95 | 1.93 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.04 | 0.00 | 0.03 | 0.05 | 0.07 | 0.01 | 0.08 |
| Net cash from operating activities | (1.83) | 0.04 | (0.03) | 0.27 | (0.09) | (0.11) | (0.21) |
| Net cash from investing activities | (0.75) | 0.00 | (0.02) | 0.24 | (0.04) | 0.07 | 0.07 |
| Net cash from financing activities | 5.66 | 0.00 | 0.02 | (0.53) | 0.11 | 0.10 | 0.07 |
| Net change in cash | 3.08 | 0.04 | (0.03) | (0.01) | (0.02) | 0.05 | (0.07) |
| Closing cash | 3.12 | 0.04 | 0.00 | 0.03 | 0.05 | 0.07 | 0.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -4.8% | +600.0% | -62.5% | -11.1% | +28.6% | -12.5% | - |
| EBITDA growth | -1700.0% | +115.4% | +53.6% | -250.0% | +20.0% | 0.0% | - |
| PBT growth | - | +9998.0% | +53.6% | -250.0% | +20.0% | -400.0% | +60.0% |
| Net income growth | -1700.0% | +115.4% | +53.6% | -250.0% | +20.0% | -400.0% | - |
| Revenue CAGR (3Y) | +35.7% | +32.6% | -24.6% | 0.0% | +14.5% | - | - |
| EBITDA CAGR (3Y) | +4.6% | - | +9.1% | +41.0% | -14.9% | -35.4% | 0.0% |
| Profitability & leverage | |||||||
| Net income margin | -160.0% | +9.5% | -433.3% | -350.0% | -88.9% | -142.9% | -25.0% |
| Return on capital employed | 0.0% | +1.6% | 0.0% | 0.0% | -4.1% | -5.2% | -2.1% |
| Return on net worth | 0.0% | +1.8% | 0.0% | 0.0% | -5.3% | -6.4% | -2.5% |
| Debt / equity | 0.04 | 0.13 | 0.01 | 0.20 | 0.32 | 0.24 | 0.17 |
| Long-term debt / equity | 0.04 | 0.13 | 0.01 | 0.20 | 0.32 | 0.24 | 0.17 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 40.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 6.00 | 8.00 | 9.00 | 7.00 | 2.67 |
| EPS (₹) | (0.51) | 0.13 | (1.04) | (2.20) | (0.61) | (0.77) | (0.29) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 9.22 | 8.60 | 8.45 | 9.49 | 11.82 | 12.33 | 13.00 |
To see the full year-wise statements and ratios of New Markets Avenue Limited, buy the company report.
Board of directors of New Markets Avenue Limited
New Markets Avenue has 4 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kishore Kanhiyalal Jain | Whole-Time Director | 12 Feb 2025 | 1 Years 8 Months | Current |
| Sejal Dattaram Yerapale Also directs: RRP Semiconductor Limited, Mascot Constructions Private Limited, Ceres Company Private Limited and 2 more | Director | 24 Apr 2025 | 1 Years 6 Months | Current |
| Kavita Sandeep Pawar Also directs: Ramasigns Industries Limited, Khem - Sum Apparels Overseas Limited | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Uday Anant Sawant Also directs: Ramasigns Industries Limited, Shree Yash Stainless Private Limited | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
Auditor
New Markets Avenue Limited is audited by Laxmikant Kabra & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Laxmikant Kabra & Co. LLP | FY 2023 | 117183W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 13.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 86.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 13.80% | 13.80% | 13.80% | 55.10% |
| Public | 86.20% | 86.20% | 86.20% | 44.90% |
Legal cases
No court or tribunal cases involving New Markets Avenue 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 Markets Avenue Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for New Markets Avenue Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
New Markets Avenue Limited has 34 board changes on record since 1996: 20 appointments and 14 cessations. The latest: Priyanka Chomal was appointed as Company Secretary on 28 Nov 2025.
25 earlier events are in the company report.
Frequently asked questions
New Markets Avenue is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 06 November 1982 (44+ years old) and is registered under CIN L74120MH1982PLC028648. Listed on BSE: 508867.
New Markets Avenue reported revenue of ₹20 Lakh for FY 2025-26 (down 4.8% YoY) based on standalone financials.
New Markets Avenue has 4 current directors:
- Kishore Kanhiyalal Jain - Whole-Time Director
- Sejal Dattaram Yerapale - Director
- Kavita Sandeep Pawar - Director
- Uday Anant Sawant - Director
The latest financial statements of New Markets Avenue on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of New Markets Avenue is L74120MH1982PLC028648. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. New Markets Avenue is a listed company as per MCA records. Its shares are listed on BSE (code: 508867).
New Markets Avenue was incorporated on 06 November 1982, making it 44+ years old. It is registered with the Registrar of Companies, Mumbai.
Priyanka Chomal was appointed as Company Secretary on 28 Nov 2025. Jayesh Ramchandra Patil was appointed as CFO on 13 Sep 2025. Sejal Dattaram Yerapale was appointed as Director on 24 Apr 2025. New Markets Avenue has 34 board changes on record in total.
New Markets Avenue can be reached through the website newmarketsadvisory.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of New Markets Avenue is at G2 & G3 Samarpan Complex Next To Mirador Hotel, Opp Satam Wadi Chakala Andheri East Mumbai – 400099, Maharashtra, India – 400099.
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