New Street Technologies Private Limited

New Street Technologies Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2017PTC105358 Incorporated 07 August 2017 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2025
₹56.72 Cr
▼ 21% YoY
Net loss · FY 2025
₹34.15 Cr
Net margin -60.2%
EBITDA · FY 2025
-₹27.74 Cr
EBITDA margin -48.9%
Authorised capital
₹3.32 Cr
Registered with MCA
Paid-up capital
₹2.71 Cr
Issued & subscribed
Open charges
₹5.5 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
108
Provident fund records

About New Street Technologies Private Limited

Data last updated:

New Street Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 07 August 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2017PTC105358. Its GSTIN is 29AAFCN7342A1ZL (Karnataka).

The company has an authorised share capital of ₹3.32 Cr and a paid-up capital of ₹2.71 Cr. It is led by directors including Sajeev Viswanathan (Managing Director) and Sindhu Viswanathan.

Its last annual general meeting (AGM) was held on 21 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹56.72 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹34.15 Cr (net margin -60.2%) and EBITDA of -₹27.74 Cr (EBITDA margin -48.9%). Revenue has grown at a compounded annual rate (CAGR) of 74% over three years and 78% over five years.

The company has about 108 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: New Street Tech. As per MCA filings, the company has open charges of ₹5.5 Cr on record. The company has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹22.98 Cr; the latest was in April 2021. Its 10 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 5 larger and 5 smaller; the largest is RJT Compusolutions Private Limited with revenue of ₹57 Cr.

New Street Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0024008). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newstreettech.com.

Company details

CIN U72900KA2017PTC105358
Registration Number 105358
Incorporation Date 07 August 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 21 August 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0024008

Recognitions & Rankings of New Street Technologies

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0024008

Contact details

New Street Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is newstreettech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No. 77 1st Floor Wind Tunnel Rd, Muniyappa Layout Murgesh Palya, Bangalore, Karnataka, India – 560017
  • Industry
    Information Technology, Web Design & Maintenance Services

To see the full contact details of New Street Technologies Private Limited, buy the company report.

Comprehensive company report
New Street Technologies Private 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

New Street Technologies operates one associated brand: New Street Tech. Each brand links to its own profile.

BrandDescriptionWebsite
Blockchain-based loan lifecycle management suitenewstreettech.com

Business activity

The main business activity of New Street Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of New Street Technologies Private Limited, buy the company report.

Financials of New Street Technologies Private Limited

FY 2024 filings available

New Street Technologies Private Limited reported revenue of ₹56.72 Cr (down 21% YoY) for FY 2025.

Revenue · FY 2025
₹56.72 Cr ▼ 21%
Net loss · FY 2025
₹34.15 Cr margin -60.2%
EBITDA · FY 2025
-₹27.74 Cr margin -48.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▲ 74%
5 years · compounded
▲ 78%
EBITDA CAGR growth
1 year
▼ 205%
3 years · compounded
▼ 172%
5 years · compounded
▼ 77%

Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 78%. EBITDA fell 205% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹27.74 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹34.15 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-48.9%
Net Profit Margin-60.2%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of New Street Technologies Private Limited, buy the company report.

Board of directors of New Street Technologies Private Limited

New Street Technologies has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sindhu ViswanathanDirector07 Aug 20179 Years 2 MonthsCurrent
Sajeev ViswanathanManaging Director07 Aug 20179 Years 2 MonthsCurrent
Mohit DavarDirector25 Oct 20179 Years 0 MonthsCurrent
Shrish LalAdditional Director25 Jul 20251 Years 3 MonthsCurrent

Peer comparison

New Street Technologies Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
RJT Compusolutions Private Limited₹57 Cr (FY 2025)1.0%New Delhi, Delhi, India
Tesync Technology Private Limited₹56.97 Cr (FY 2024)24.0%Hyderabad, Telangana, India
Loantap Financial Technologies Private Limited₹56.97 Cr (FY 2025)-16.0%Mumbai, Maharashtra, India
Ims Health Technology Solutions India Private Limited₹56.91 Cr (FY 2018)-6.0%Bangalore, Karnataka, India
Quovantis Technologies Private Limited₹56.8 Cr (FY 2021)8.0%Bangalore, Karnataka, India
New Street Technologies Private Limitedthis company₹56.72 Cr (FY 2025)-₹34.15 Cr-60.2%-21.0%108Bangalore, Karnataka, India
Regeneron India Private Limited₹56.72 Cr (FY 2025)76.0%Bangalore, Karnataka, India
Fortinet Innovation Centre India Private Limited₹56.7 Cr (FY 2017)24.0%Bangalore, Karnataka, India
Bamko India Private Limited₹56.67 Cr (FY 2024)19.0%Dehradun, Uttarakhand, India
Automated Workflow Private Limited₹56.65 Cr (FY 2023)-30.0%Bangalore, Karnataka, India
Commscope Technologies India Private Limited₹56.59 Cr (FY 2025)211.0%Bangalore, Karnataka, India

To see the full peer comparison of New Street Technologies Private Limited, buy the company report.

Auditor

New Street Technologies Private Limited is audited by NAGARAJAN & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NAGARAJAN & CO.FY 2023002307S

Shareholding

The shareholding of New Street Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of New Street Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹5.00 Cr
Others₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 Oct 2025101198149Hdfc Bank Limited₹5 CrOpen
29 Mar 2021100434100Others₹50 LakhOpen

Total charge records: 2 View all charges

Deals & funding

New Street Technologies Private Limited has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹22.98 Cr; the latest was in April 2021.

Total deals
5
Funding rounds
4
Acquisition
1
Disclosed funding
₹22.98 Cr

Deals on record (4 of 5)

WhenDealAmountParties
Mar 2019Funding round · Series A₹5 CrInvestors: Unitus Ventures
Jan 2018Funding round · Pre-Series A₹2 CrInvestors: 2 individuals
Nov 2017Funding round · Seed₹1.2 CrInvestors: T & J Capital Group FZ LLE
Nov 2017Acquisition₹79 LakhBuyer: an individual

To see the full deal history of New Street Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for New Street Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

New Street Technologies Private Limited has a workforce of 108 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.

Employee count
108
Active EPFO establishments
1
Employee growth
140%

GST

New Street Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAFCN7342A1ZLKarnatakaActive10 Oct 2017

To see the full GST registrations and return filing status of New Street Technologies Private Limited, buy the company report.

Recent activity

New Street Technologies Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Shrish Lal was appointed as Additional Director on 25 Jul 2025.

Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Cr with Charge ID 101198149 was registered on 30 Oct 2025.
Appointed
Shrish Lal was appointed as Additional Director.
AGM
New Street Technologies Private Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.
Filing
New Street Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Sajeev Viswanathan ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100434100 was registered on 29 Mar 2021.
Appointed
Mohit Davar was appointed as Director.
Appointed
Sajeev Viswanathan was appointed as Managing Director.
Appointed
Sindhu Viswanathan was appointed as Director.
Incorporation
07 Aug 2017
New Street Technologies Private Limited was registered on 07 Aug 2017 with Roc Bangalore & aged 9 years 2 months as per MCA records.

Frequently asked questions

New Street Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 07 August 2017 (9+ years old) and is registered under CIN U72900KA2017PTC105358.

New Street Technologies has 4 current directors:

The latest financial statements of New Street Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 21 August 2024. Year-wise statements from FY 2018 are in the company report.

The GSTIN of New Street Technologies is 29AAFCN7342A1ZL, registered in Karnataka.

The CIN (Corporate Identification Number) of New Street Technologies is U72900KA2017PTC105358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

New Street Technologies was incorporated on 07 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

New Street Technologies has 5 deals on record (4 funding rounds, 1 acquisition), with disclosed funding of ₹22.98 Cr; the latest was in April 2021.

The peers of New Street Technologies by revenue are RJT Compusolutions Private Limited, Tesync Technology Private Limited, Loantap Financial Technologies Private Limited, Ims Health Technology Solutions India Private Limited, Quovantis Technologies Private Limited and 5 more, all in the same principal business activity (computer programming, consultancy and related activities).

Shrish Lal was appointed as Additional Director on 25 Jul 2025. Sajeev Viswanathan ceased to be Director on 01 Jun 2022. Mohit Davar was appointed as Director on 25 Oct 2017. New Street Technologies has 5 board changes on record in total.

Yes, New Street Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, New Street Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0024008).