Newa Developers (India) Private Limited
About Newa Developers (India) Private Limited
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Newa Developers (India) Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 18 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1994PTC077179. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹45.01 Lakh. It was formerly known as Narediwala Estate Developers P.Ltd. It is led by directors including Shantiben Mithubhai Mav and Manji Khiyashi Mav Bhanushali.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.45 Sector 19 – A Opp. Dana Bazar Gate No – 2 Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.47 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.25 Lakh (net margin 98.4%) and EBITDA of ₹13.3 Lakh (EBITDA margin 98.7%). Revenue has grown at a compounded annual rate (CAGR) of 122% over five years.
As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹25 Cr on record. Court records list 9 cases involving the company, including 5 filed by the company and 4 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Newa Developers (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.45 Sector 19 – A Opp. Dana Bazar Gate No – 2 Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Newa Developers (India) Private 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
Financials of Newa Developers (India) Private Limited
FY 2025 filings availableNewa Developers (India) Private Limited reported revenue of ₹13.47 Lakh (up 26840% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 122% over five years. 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.3 Lakh | ||||
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| Net Profit (PAT) | ₹13.25 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 98.7% | ||||
| Net Profit Margin | 98.4% | ||||
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To see the full financial statements and ratios of Newa Developers (India) Private Limited, buy the company report.
Board of directors of Newa Developers (India) Private Limited
Newa Developers (India) has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shantiben Mithubhai Mav | Director | 11 Mar 1999 | 27 Years 8 Months | Current |
| Manji Khiyashi Mav Bhanushali | Director | 11 Mar 1999 | 27 Years 8 Months | Current |
| Chetan Mav Also directs: Dipti Vegoils Limited, Airoli Business City Private Limited, Newa Technocity (India) Private Limited and 1 more | Director | 09 Apr 2018 | 8 Years 7 Months | Current |
| Mithubhai Khiyashi Mav | Director | 18 Mar 1994 | 32 Years 7 Months | Current |
Auditor
Newa Developers (India) Private Limited is audited by ARVIND BANSAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND BANSAL & CO | FY 2022 | 041993 |
Shareholding
The shareholding of Newa Developers (India) Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Newa Developers (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2006 | 10018444 | The Bharat Coop Bank (Mumbai ) Limited | ₹6 Cr | Open | |
| 16 Jun 2006 | 10012072 | The Bharat Coop Bank (Mumbai ) Limited | ₹15 Cr | Open | |
| 28 Feb 2013 | 10410532 | The Bharat Co-Operative Bank(Mumbai) Ltd | ₹10 Cr | Satisfied | |
| 16 Jun 2006 | 10008655 | The Bharat Coop Bank (Mumbai ) Limited | ₹15 Cr | Satisfied |
To see the full charge records of Newa Developers (India) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Newa Developers (India) Private Limited has 9 court cases on record: 5 filed by Newa Developers (India), 4 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Court case (R.C.A.) | Filed against the company | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed by the company against M/S.Raj Oil Mills | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against M/S.Raj Oil Mills | Disposed |
| District court, Raigad, Maharashtra | Court case (R.C.A.) | Filed against the company | Disposed |
| District court, Raigad, Maharashtra | Court case (R.C.A.) | Filed against the company by individuals | Disposed |
To see the full case history of Newa Developers (India) Private 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Newa Developers (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Newa Developers (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Newa Developers (India) Private Limited, buy the company report.
Recent activity
Newa Developers (India) Private Limited has 5 board changes on record since 1994: 4 appointments and 1 cessation. The latest: Chetan Mav was appointed as Director on 09 Apr 2018.
2 earlier events are in the company report.
Frequently asked questions
Newa Developers (India) is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 18 March 1994 (32+ years old) and is registered under CIN U99999MH1994PTC077179.
Newa Developers (India) has 4 current directors:
- Shantiben Mithubhai Mav - Director
- Manji Khiyashi Mav Bhanushali - Director
- Chetan Mav - Director
- Mithubhai Khiyashi Mav - Director
The latest financial statements of Newa Developers (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Newa Developers (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Newa Developers (India) is U99999MH1994PTC077179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newa Developers (India) has 9 court cases on record: 5 filed by the company and 4 filed against it. 1 is pending.
Newa Developers (India) was incorporated on 18 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Chetan Mav was appointed as Director on 09 Apr 2018. Chetan Mav ceased to be Director on 02 Dec 2014. Manji Khiyashi Mav Bhanushali was appointed as Director on 11 Mar 1999. Newa Developers (India) has 5 board changes on record in total.
The registered office of Newa Developers (India) is at Plot No.45 Sector 19 – A Opp. Dana Bazar Gate No – 2 Vashi, Navi Mumbai, Maharashtra, India – 400705.
Newa Developers (India) operates in the real estate and construction industry, in the real estate builders and developers segment.
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