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 U74110MH2019PTC392704. 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 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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- 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
- 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
CIN History of Newbazaar Technologies Private Limited
Newbazaar Technologies has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110MH2019PTC392704, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2019PTC392704 | Current |
| U73100PN2019PTC188403 | Previous |
| U74110PN2019PTC188403 | Previous |
Associated Brands with Newbazaar Technologies Private Limited
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 of Newbazaar Technologies Private Limited
The main business activity of Newbazaar Technologies is financial and insurance service. In detail, this covers other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | 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.
Auditor Details of Newbazaar Technologies Private Limited
Newbazaar Technologies Private Limited is audited by MSKA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA & Associates | 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.
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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Desai Chander Yagnesh | Director | 20 Mar 2020 | 6 Years 6 Months | Current |
| Abhishek Nimonkar | Director | 20 Mar 2020 | 6 Years 6 Months | Current |
| Pallav Jain | Director | 13 Dec 2019 | 6 Years 9 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 2 Months | Current |
Financials of Newbazaar Technologies Private Limited FY 2025 filings available
Newbazaar Technologies Private Limited reported revenue of ₹59.6 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Newbazaar Technologies Private Limited
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 of Newbazaar Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹10.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.05 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 Newbazaar Technologies Private Limited
| 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) | •••• | •••• | •••• | •••• | •••• |
| 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 Newbazaar Technologies are in the company report.
Financial statements from FY 2020
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.
Ownership and Shareholding of Newbazaar Technologies 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 Newbazaar Technologies Private Limited
Newbazaar Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Newbazaar Technologies Private Limited
Newbazaar Technologies Private Limited has a workforce of 160 employees as of Mar 27, 2024.
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.
GST Compliance of Newbazaar Technologies Private Limited
Newbazaar Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN7964D1Z6 | Maharashtra | Active | 13 Feb 2020 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Newbazaar Technologies 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 Newbazaar Technologies 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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Newbazaar Technologies 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.
MCA Filings & Documents of Newbazaar Technologies 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.
Recent Activity on Newbazaar Technologies Private Limited
Frequently Asked Questions about Newbazaar Technologies Private Limited
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 U74110MH2019PTC392704.
Newbazaar Technologies reported revenue of ₹59.6 Cr for FY 2025 (up 6% YoY).
Newbazaar Technologies has 4 current directors:
- Desai Chander Yagnesh - Director
- Abhishek Nimonkar - Director
- Pallav Jain - Director
- Meenakshi Sundaram - Director
Newbazaar Technologies reported a net loss of ₹10.05 Cr (net margin -16.9%) and EBITDA of -₹10.02 Cr (EBITDA margin -16.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Newbazaar Technologies is 23% over three years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Newbazaar Technologies is 27AAGCN7964D1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Newbazaar Technologies is U74110MH2019PTC392704. 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.
Yes, Newbazaar Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).