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Newbazaar Technologies Private Limited - internet in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.6 Cr
▲ 6% YoY
Net loss · FY 2025
₹10.05 Cr
Net margin -16.9%
EBITDA · FY 2025
-₹10.02 Cr
EBITDA margin -16.8%
Authorised capital
₹20.71 Lakh
Registered with MCA
Paid-up capital
₹17.7 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
160
Provident fund records
Directors on board
4
As per MCA filings
About Newbazaar Technologies Private Limited
Data last updated:
Newbazaar Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the online financial services segment of the internet and digital services sector. It was incorporated on 13 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66190MH2019PTC392704. Its GSTIN is 27AAGCN7964D1Z6 (Maharashtra).
The company has an authorised share capital of ₹20.71 Lakh and a paid-up capital of ₹17.7 Lakh. It is led by directors including Desai Chander Yagnesh and Abhishek Nimonkar.
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 A Wing 7th Floor Light Hall Hiranandani Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.6 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net loss of ₹10.05 Cr (net margin -16.9%) and EBITDA of -₹10.02 Cr (EBITDA margin -16.8%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years.
The company has about 160 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: ShopSe. The company has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹88.47 Cr; the latest was in March 2023. Its 5 peer companies in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 2 smaller; the largest is Lumax Finance Private Limited with revenue of ₹60.41 Cr. The company has 3 MSME Form 1 returns on record between 2022 and 2024, listing 21 overdue payments to 8 micro and small suppliers.
Newbazaar Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0008105). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website getshopse.com.
Company details
CIN U66190MH2019PTC392704
Registration Number 392704
Incorporation Date 13 December 2019
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0008105
CIN history
Newbazaar Technologies has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U66190MH2019PTC392704, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66190MH2019PTC392704 | Current |
| U73100PN2019PTC188403 | Previous |
| U74110PN2019PTC188403 | Previous |
| U74110MH2019PTC392704 | Previous |
Recognitions & Rankings of Newbazaar Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0008105
Contact details
Newbazaar Technologies Private Limited's registered office is in Mumbai, Maharashtra.
- Registered AddressA Wing 7th Floor Light Hall Hiranandani Business Park, Saki Vihar Road Chandivali Petrol Pump Andheri East, Mumbai, Maharashtra, India – 400072
- IndustryInternet, Online Financial Services
Comprehensive company report
Newbazaar 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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Brands
Newbazaar Technologies operates one associated brand: ShopSe. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Payment platform offered for diverse business payment options. | getshopse.com |
Business activity
The main business activity of Newbazaar Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Newbazaar Technologies Private Limited, buy the company report.
Financials of Newbazaar Technologies Private Limited
FY 2025 filings availableNewbazaar Technologies Private Limited reported revenue of ₹59.6 Cr (up 6% YoY) for FY 2025.
Revenue · FY 2025
₹59.6 Cr ▲ 6%
Net loss · FY 2025
₹10.05 Cr margin -16.9%
EBITDA · FY 2025
-₹10.02 Cr margin -16.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 4%
Revenue has grown at a compounded annual rate (CAGR) of 23% over three years, including 6% growth in the latest year. EBITDA rose 63% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹10.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.05 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.8% | ||||
| Net Profit Margin | -16.9% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Newbazaar Technologies Private Limited, buy the company report.
Board of directors of Newbazaar Technologies Private Limited
Newbazaar Technologies has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Desai Chander Yagnesh | Director | 20 Mar 2020 | 6 Years 7 Months | Current |
| Abhishek Nimonkar | Director | 20 Mar 2020 | 6 Years 7 Months | Current |
| Pallav Jain | Director | 13 Dec 2019 | 6 Years 11 Months | Current |
| Meenakshi Sundaram Also directs: Nishaavritra Investment Manager LLP, Svaadhi Investment Manager LLP, Naigama Investment Manager LLP and 5 more | Director | 06 Jul 2021 | 5 Years 4 Months | Current |
Peer comparison
Newbazaar Technologies Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lumax Finance Private Limited | ₹60.41 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| RSD Finance Ltd | ₹60.14 Cr (FY 2019) | 29.0% | Jamshedpur, Jharkhand, India | |||
| Ziel Financial Technologies Private Limited | ₹59.97 Cr (FY 2025) | 85.0% | New Delhi, Delhi, India | |||
| Newbazaar Technologies Private Limitedthis company | ₹59.6 Cr (FY 2025) | -₹10.05 Cr | -16.9% | 6.0% | Mumbai, Maharashtra, India | |
| Scripbox.Com India Private Limited | ₹58.66 Cr (FY 2023) | 144.0% | Bangalore, Karnataka, India | |||
| Lakshdeep Investments and Finance Private Limited | ₹58.46 Cr (FY 2019) | -4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Newbazaar Technologies Private Limited, buy the company report.
Deals & funding
Newbazaar Technologies Private Limited has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹88.47 Cr; the latest was in March 2023.
Total deals
7
Funding rounds
4
Secondary share transfers
3
Disclosed funding
₹88.47 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Chiratae Ventures (IDG), an individual Seller: an individual |
| Apr 2021 | Funding round · Seed | ₹40.46 Cr | Investors: Chiratae Ventures (IDG), Beenext, Opus Software Solutions Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2020 | Funding round · Seed | ₹1.5 Cr | Investors: 4 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
To see the full deal history of Newbazaar 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.
Legal cases
No court or tribunal cases involving Newbazaar Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Newbazaar Technologies Private Limited has 3 MSME Form 1 returns on record between 2022 and 2024, listing 21 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Karza Technologies Private Limited | |||
| GNR Solution Private Limited | |||
| an individual supplier | |||
| Webklipper Technologies Private Limited | |||
| Handy Online Solutions Private Limited |
To see the full MSME payment records of Newbazaar Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Newbazaar Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN7964D1Z6 | Maharashtra | Active | 13 Feb 2020 |
To see the full GST registrations and return filing status of Newbazaar Technologies Private Limited, buy the company report.
Recent activity
Newbazaar Technologies Private Limited has 8 board changes on record since 2019: 4 appointments and 4 cessations. The latest: Meenakshi Sundaram ceased to be Additional Director on 30 Nov 2021.
AGM
Newbazaar Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Newbazaar Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Meenakshi Sundaram ceased to be Additional Director.
Appointed
Meenakshi Sundaram was appointed as Director.
Ceased
Abhishek Nimonkar ceased to be Additional Director.
Ceased
Desai Chander Yagnesh ceased to be Additional Director.
Ceased
Priyanka Singhal ceased to be Director.
Appointed
Abhishek Nimonkar was appointed as Director.
Appointed
Desai Chander Yagnesh was appointed as Director.
Appointed
Pallav Jain was appointed as Director.
Incorporation
13 Dec 2019
Newbazaar Technologies Private Limited was registered on 13 Dec 2019 with Roc Mumbai & aged 6 years 11 months as per MCA records.
Frequently asked questions
Newbazaar Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in online financial services, within the internet industry. It was incorporated on 13 December 2019 (7+ years old) and is registered under CIN U66190MH2019PTC392704.
Newbazaar Technologies has 4 current directors:
- Desai Chander Yagnesh - Director
- Abhishek Nimonkar - Director
- Pallav Jain - Director
- Meenakshi Sundaram - Director
The latest financial statements of Newbazaar Technologies 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 FY 2020 are in the company report.
The GSTIN of Newbazaar Technologies is 27AAGCN7964D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Newbazaar Technologies is U66190MH2019PTC392704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newbazaar Technologies was incorporated on 13 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Newbazaar Technologies has 7 deals on record (4 funding rounds, 3 secondary share transfers), with disclosed funding of ₹88.47 Cr; the latest was in March 2023.
The peers of Newbazaar Technologies by revenue are Lumax Finance Private Limited, RSD Finance Ltd, Ziel Financial Technologies Private Limited, Scripbox.Com India Private Limited, Lakshdeep Investments and Finance Private Limited, all in the Ecommerce and Internet industry (Finance), with the same principal business activity (other financial activities).
Meenakshi Sundaram ceased to be Additional Director on 30 Nov 2021. Meenakshi Sundaram was appointed as Director on 06 Jul 2021. Abhishek Nimonkar ceased to be Additional Director on 19 Nov 2020. Newbazaar Technologies has 8 board changes on record in total.
Yes, Newbazaar Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Newbazaar Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0008105).
Newbazaar Technologies has 3 MSME Form 1 returns on record between 2022 and 2024, listing 21 overdue payments to 8 micro and small suppliers. The latest return was filed on 29 Apr 2024.
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