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; 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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNewa House Plot No. 45 Sector – 19A Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Associated Brands with Newa Technocity (India) Private Limited
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 of Newa Technocity (India) Private Limited
The main business activity of Newa Technocity (India) is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Newa Technocity (India) Private Limited FY 2025 filings available
Newa Technocity (India) Private Limited reported revenue of ₹41.63 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Newa Technocity (India) Private Limited
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 of Newa Technocity (India) Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3 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 of Newa Technocity (India) Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Newa Technocity (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 of Newa Technocity (India) Private Limited
Newa Technocity (India) Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Era Resorts Private Limited | ₹41.71 Cr (FY 2025) | •••• | •••• | 208.0% | •••• | Delhi, India |
| Nikunjam Constructions Private Limited | ₹41.7 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Thiruvananthapuram, Kerala, India |
| Shree Dwaraka Engi-Cons Private Limited | ₹41.66 Cr (FY 2022) | •••• | •••• | 710.0% | •••• | Hyderabad, Telangana, India |
| Anmol Realcon & Estate Private Limited | ₹41.65 Cr (FY 2019) | •••• | •••• | 60.0% | •••• | Mumbai, Maharashtra, India |
| Godrej Hillside Properties Private Limited | ₹41.65 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Mumbai, Maharashtra, India |
| Newa Technocity (India) Private Limited this company | ₹41.63 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sai Sukran Ventures Private Limited | ₹41.63 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Chennai, Tamil Nadu, 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 |
| Basons Investments Private Limited | ₹41.54 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Mumbai, Maharashtra, India |
| Mahavir Global Coal Private Limited | ₹41.52 Cr (FY 2025) | •••• | •••• | 1128.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Newa Technocity (India) by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Newa Technocity (India) Private Limited
Newa Technocity (India) Private Limited is audited by ARVIND BANSAL & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ARVIND BANSAL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Newa Technocity (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Newa Technocity (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2025 | Others | ₹85 Cr | Open |
| 26 May 2025 | Sbicap Trustee Company Limited | ₹118 Cr | Open |
| 16 Oct 2024 | Others | ₹30 Lakh | Open |
| 26 Feb 2024 | State Bank of India | ₹8.8 Cr | Open |
| 24 May 2024 | Others | ₹38 Cr | Satisfied |
Total charge records: 14 View all charges
Legal Cases of Newa Technocity (India) Private Limited
Newa Technocity (India) Private Limited has 4 court cases on record: 3 filed by Newa Technocity (India), 1 where it is another party. 1 case is pending and 3 are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Pyramid Infratech Co | Pending |
| District court, Thane, Maharashtra | Civil suit | Company is another party | Disposed |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Newa Technocity (India) Private Limited
Employment history and EPFO contributions of people linked to Newa Technocity (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Newa Technocity (India) Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Newa Technocity (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Newa Technocity (India) Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Newa Technocity (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Newa Technocity (India) Private Limited
Newa Technocity (India) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN1371P1Z3 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Newa Technocity (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Newa Technocity (India) Private Limited
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) reported revenue of ₹41.63 Cr for FY 2024 (down 3% YoY).
Newa Technocity (India) has 3 current directors:
- Chetan Mav - Director
- Mithubhai Khiyashi Mav - Director
- Nitin Ravindra Joisor - Director
Newa Technocity (India) reported a net profit of ₹3 Cr (net margin 7.2%) and EBITDA of ₹9.84 Cr (EBITDA margin 23.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Newa Technocity (India) is 21% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
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. 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 Era Resorts Private Limited, Nikunjam Constructions Private Limited, Shree Dwaraka Engi-Cons Private Limited, Anmol Realcon & Estate Private Limited, Godrej Hillside Properties Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
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.