New Markets Avenue Limited - Company Profile

It is a information technology public limited company based in Mumbai, Maharashtra, India, established in 1982.
1982 Mumbai, Maharashtra, India Active
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About New Markets Avenue Limited

New Markets Avenue Limited, a active public limited company, was established on 06 November 1982 in Mumbai, Maharashtra, India. Engaging in it consulting & support services within the professional, scientific and technical sector, it holds CIN: L74120MH1982PLC028648. Registered under ROC Roc Mumbai I. it is listed on BSE: 508867. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹4.94 Cr.

Formerly known as Neena Consultants Limited, New Markets Avenue Limited. It upholds a compliant status. In 2023, it reported revenue of ₹0.81 M and a net worth of ₹1.18 Cr. Its leadership includes Uday Anant Sawant (Director), Sejal Dattaram Yerapale (Director), Kavita Sandeep Pawar (Director). Past directors included Madhuri Purshottam Bohra, Chirag Kanaiyalal Shah, Suman Prakash Shah. Its latest AGM occurred on 31 July 2025, with the balance sheet filed on 31 March 2025. It is based at G2 & G3 Samarpan Complex, Next To Mirador Hotel,, Opp Satam Wadi, Chakala Andheri East, Mumbai-400099, Mumbai, Maharashtra, 400099.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L74120MH1982PLC028648

  • Registration Number

    028648

  • Incorporation Date

    06 November 1982

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹4.94 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Listed (BSE: 508867)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 4.94 Cr
  • Company Age 43 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Revenue Growth **** -13.33%
  • Profit Growth **** -256.35%
  • Ebitda **** -108.26%
  • Net Worth -19.70%
  • Total Assets -40.66%
Company report

New Markets Avenue Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into New Markets Avenue Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at New Markets Avenue Limited?
Current Directors
Name Designation Appointment Date Status
Uday Anant Sawant Director 24 Sep 2024 Current
Sejal Dattaram Yerapale Director 24 Apr 2025 Current
Kavita Sandeep Pawar Director 24 Sep 2024 Current
Kishore Kanhiyalal Jain Whole-Time Director 12 Feb 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 01 Apr 2023 Past
Pramod Abcsdd Additional Director 09 Dec 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Additional Director 30 Jul 2025 Past
Pramod Abcsdd Cfo 24 Dec 2022 Past
Pramod Abcsdd Chief Executive Officer - Past

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Financial Performance of New Markets Avenue.

New Markets Advisory Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.33% decrease. The company also saw a substantial fall in profitability, with a 256.35% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.7%.

New Markets Avenue revenue growth over time
New Markets Avenue profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -13.33%
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Revenue from Operations
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Total Assets
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 -40.66%
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Profit or Loss
*******
 -256.35%
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Net Worth
*******
 -19.70%
*******
*******
*******
*******
EBITDA
*******
 -108.26%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of New Markets Avenue?

In 2023, New Markets Avenue had a promoter holding of 72.80% and a public holding of 27.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at New Markets Avenue?

Unlock and access historical data on people associated with New Markets Avenue, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of New Markets Avenue, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped New Markets Avenue's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on New Markets Avenue
Recent Activity within the Organization
  • Director Appointment

    The activity Priyanka Chomal was appointed as a Company Secretary was appointed as a Company Secretary on 28 Nov 2025 & has been associated with this company since 3 months 2 days . was completed.

  • Director Appointment

    Progress on Jayesh Ramchandra Patil was appointed as a Cfo was appointed as a Cfo on 13 Sep 2025 & has been associated with this company since 5 months 17 days . was documented.

  • Annual General Meeting

    Progress on New Markets Avenue Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records. was documented.

  • Director Appointment

    Progress on Sejal Dattaram Yerapale was appointed as a Director was appointed as a Director on 24 Apr 2025 & has been associated with this company since 10 months 6 days . was documented.

  • Balance Sheet

    The activity New Markets Avenue Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was completed.

  • Director Appointment

    Progress on Kishore Kanhiyalal Jain was appointed as a Whole-time director was appointed as a Whole-time director on 12 Feb 2025 & has been associated with this company since 1 year 16 days . was documented.

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Frequently Asked Questions
What is the CIN of New Markets Avenue Limited?

The CIN of New Markets Avenue Limited is L74120MH1982PLC028648.

Where is New Markets Avenue Limited headquartered?

New Markets Avenue Limited is headquartered at G2 & G3 Samarpan Complex, Next To Mirador Hotel,, Opp Satam Wadi, Chakala Andheri East, Mumbai-400099, Mumbai, Maharashtra, 400099.

When was New Markets Avenue Limited incorporated?

New Markets Avenue Limited was incorporated on 06 November 1982.

Who are the current directors of New Markets Avenue Limited?

The current directors of New Markets Avenue Limited are

What is the primary industry of New Markets Avenue Limited?

The primary industry of New Markets Avenue Limited is Professional, Scientific And Technical.

Is New Markets Avenue Limited a listed company?

New Markets Avenue Limited is listed. It is listed on BSE: 508867.

What is the capital structure of New Markets Avenue Limited?

The authorized capital of New Markets Avenue Limited is ₹15.00 Cr, and the paid-up capital is ₹4.94 Cr.

What is the compliance status of New Markets Avenue Limited?

The compliance status of New Markets Avenue Limited is Compliant.

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