About Newa Technocity (India) Private Limited
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Newa Technocity (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 10 December 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2009PTC197768. Its GSTIN is 27AADCN1371P1Z3 (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.25 Cr. It is led by directors including Chetan Mav and Mithubhai Khiyashi Mav.
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 Newa House Plot No. 45 Sector – 19A Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹41.63 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹3 Cr (net margin 7.2%) and EBITDA of ₹9.84 Cr (EBITDA margin 23.6%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 10% over five years.
The company is associated with 1 brand: Newa Technocity. As per MCA filings, the company has open charges of ₹212.1 Cr and satisfied charges of ₹350.08 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newagroup.in.
Company details
Contact details
Newa Technocity (India) Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is newagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNewa House Plot No. 45 Sector – 19A Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Newa Technocity (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
Brands
Newa Technocity (India) operates one associated brand: Newa Technocity. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers comprehensive infrastructure development services to enhance projects and operations. | newagroup.in |
Business activity
The main business activity of Newa Technocity (India) is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Newa Technocity (India) Private Limited, buy the company report.
Financials of Newa Technocity (India) Private Limited
FY 2025 filings availableNewa Technocity (India) Private Limited reported revenue of ₹41.63 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 25% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹41.63 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.84 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 23.6% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Newa Technocity (India) Private Limited, buy the company report.
Board of directors of Newa Technocity (India) Private Limited
Newa Technocity (India) has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Mav Also directs: Dipti Vegoils Limited, Airoli Business City Private Limited, Newa Developers (India) Private Limited and 1 more | Director | 01 Dec 2010 | 15 Years 10 Months | Current |
| Mithubhai Khiyashi Mav | Director | 10 Dec 2009 | 16 Years 10 Months | Current |
| Nitin Ravindra Joisor | Director | 01 Dec 2010 | 15 Years 10 Months | Current |
Peer comparison
Newa Technocity (India) Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nikunjam Constructions Private Limited | ₹41.7 Cr (FY 2025) | -28.0% | Thiruvananthapuram, Kerala, India | |||
| Newa Technocity (India) Private Limitedthis company | ₹41.63 Cr (FY 2024) | ₹3 Cr | 7.2% | -3.0% | Navi Mumbai, Maharashtra, India | |
| Luxora Infrastructure Private Limited | ₹41.62 Cr (FY 2024) | 293.0% | Mumbai, Maharashtra, India | |||
| Romaa Infraa Private Limited | ₹41.57 Cr (FY 2025) | 53.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Newa Technocity (India) Private Limited, buy the company report.
Auditor
Newa Technocity (India) Private Limited is audited by ARVIND BANSAL & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARVIND BANSAL & CO | FY 2024 | 041993 |
Shareholding
The shareholding of Newa Technocity (India) Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Newa Technocity (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2025 | 101136134 | Others | ₹85 Cr | Open | |
| 26 May 2025 | 101122918 | Sbicap Trustee Company Limited | ₹118 Cr | Open | |
| 16 Oct 2024 | 100997173 | Others | ₹30 Lakh | Open | |
| 26 Feb 2024 | 100884618 | State Bank of India | ₹8.8 Cr | Open | |
| 24 May 2024 | 100926400 | Others | ₹38 Cr | Satisfied |
To see the full charge records of Newa Technocity (India) Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Newa Technocity (India) Private Limited has 4 court cases on record: 3 filed by Newa Technocity (India), 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Pyramid Infratech Co. and Ors | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Anr. | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Ors. | Disposed |
To see the full case history of Newa Technocity (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 Technocity (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Newa Technocity (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN1371P1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Newa Technocity (India) Private Limited, buy the company report.
Recent activity
Newa Technocity (India) Private Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Navin Ramji Kothari ceased to be Director on 24 May 2019.
27 earlier events are in the company report.
Frequently asked questions
Newa Technocity (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 10 December 2009 (17+ years old) and is registered under CIN U72900MH2009PTC197768.
Newa Technocity (India) has 3 current directors:
- Chetan Mav - Director
- Mithubhai Khiyashi Mav - Director
- Nitin Ravindra Joisor - Director
The latest financial statements of Newa Technocity (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.
The GSTIN of Newa Technocity (India) is 27AADCN1371P1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Newa Technocity (India) is U72900MH2009PTC197768. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newa Technocity (India) has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Newa Technocity (India) was incorporated on 10 December 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Newa Technocity (India) by revenue are Nikunjam Constructions Private Limited, Luxora Infrastructure Private Limited, Romaa Infraa Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Navin Ramji Kothari ceased to be Director on 24 May 2019. Shantiben Mithubhai Mav ceased to be Director on 07 May 2018. Himmat Katarmal ceased to be Director on 05 Feb 2013. Newa Technocity (India) has 7 board changes on record in total.
Newa Technocity (India) can be reached through the website newagroup.in. Its registered office is in Navi Mumbai, Maharashtra, India.
The registered office of Newa Technocity (India) is at Newa House Plot No. 45 Sector – 19A Vashi, Navi Mumbai, Maharashtra, India – 400705.