MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0022750
Newen Systems Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹101.1 Cr
▲ 87% YoY
Net profit · FY 2025
₹6.93 Cr
Net margin 6.9%
EBITDA · FY 2025
₹16.9 Cr
EBITDA margin 16.7%
Authorised capital
₹60 Lakh
Registered with MCA
Paid-up capital
₹51 Lakh
Issued & subscribed
Open charges
₹94 Cr
Satisfied ₹78 Cr
Company age
6 yrs
Est. 2020
Employees · EPFO
58
Provident fund records
About Newen Systems Private Limited
Data last updated:
Newen Systems Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Fourth Partner Energy Private Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 13 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31900GJ2020PTC173495. Its GSTIN is 24AAHCN0908N1ZC (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹51 Lakh. It is led by directors including Akhil Katara and Nitesh Dwarkaprasad Bhutada.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 01 5th Floor A Building City Vista Sr. No. 53/2A/1, Pune, Maharashtra, India – 411014.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.1 Cr, a growth of 87% compared to the previous year. For the same year it recorded a net profit of ₹6.93 Cr (net margin 6.9%) and EBITDA of ₹16.9 Cr (EBITDA margin 16.7%). Revenue has grown at a compounded annual rate (CAGR) of 318% over three years.
The company has about 58 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Newen Systems. As per MCA filings, the company has open charges of ₹94 Cr and satisfied charges of ₹78 Cr on record. The company has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in September 2025. Its 3 peer companies in the Cleantech industry (Energy Solutions), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 1 smaller; the largest is Integrum Energy Infrastructure Limited with revenue of ₹119.22 Cr. The company has 4 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 1 micro and small supplier.
Newen Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0022750). For more details, the company can be reached via its website newensystems.com.
Company details
CIN U31900GJ2020PTC173495
Registration Number 192936
Incorporation Date 13 August 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Fourth Partner Energy Private Limited
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0022750
CIN history
Newen Systems has one previous CIN (Corporate Identification Number): U31900PN2020PTC192936. The current CIN is U31900GJ2020PTC173495, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31900GJ2020PTC173495 | Current |
| U31900PN2020PTC192936 | Previous |
Recognitions & Rankings of Newen Systems
Contact details
Newen Systems Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressOffice No. 01 5th Floor A Building City Vista Sr. No. 53/2A/1, Pune, Maharashtra, India – 411014
- IndustryEnergy and Power, Power Equipment Manufacturers
Comprehensive company report
Newen Systems 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
Newen Systems operates one associated brand: Newen Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Battery energy storage systems and power electronics solutions are provided. | newensystems.com |
Business activity
The main business activity of Newen Systems is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Newen Systems Private Limited, buy the company report.
Financials of Newen Systems Private Limited
FY 2025 filings availableNewen Systems Private Limited reported revenue of ₹101.1 Cr (up 87% YoY) for FY 2025.
Revenue · FY 2025
₹101.1 Cr ▲ 87%
Net profit · FY 2025
₹6.93 Cr margin 6.9%
EBITDA · FY 2025
₹16.9 Cr margin 16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 87%
3 years · compounded
▲ 318%
EBITDA CAGR growth
1 year
▲ 74%
3 years · compounded
▲ 104%
Revenue has grown at a compounded annual rate (CAGR) of 318% over three years, including 87% growth in the latest year. EBITDA rose 74% 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 | ₹16.9 Cr | ||||
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| Net Profit (PAT) | ₹6.93 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 16.7% | ||||
| Net Profit Margin | 6.9% | ||||
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To see the full financial statements and ratios of Newen Systems Private Limited, buy the company report.
Board of directors of Newen Systems Private Limited
Newen Systems has 3 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 |
|---|---|---|---|---|
| Akhil Katara Also directs: Shuchi Anant Virya Private Limited, FP Sun Spark Private Limited, Fpel Galaxy Energy Private Limited and 5 more | Director | 04 Oct 2022 | 4 Years 0 Months | Current |
| Nitesh Dwarkaprasad Bhutada | Director | 12 Mar 2025 | 1 Years 7 Months | Current |
| Nitin Sharma | Director | 13 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
Newen Systems Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Energy Solutions), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Integrum Energy Infrastructure Limited | ₹119.22 Cr (FY 2025) | -48.0% | Bangalore, Karnataka, India | |||
| Il&Fs Renewable Energy Limited | ₹105.19 Cr (FY 2016) | -74.0% | Mumbai, Maharashtra, India | |||
| Newen Systems Private Limitedthis company | ₹101.1 Cr (FY 2025) | ₹6.93 Cr | 6.9% | 87.0% | Pune, Maharashtra, India | |
| Azure Power Thirty Seven Private Limited | ₹100.84 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India |
To see the full peer comparison of Newen Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹94 Cr
Satisfied charges
₹78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 May 2025 | 101105665 | Sbicap Trustee Company Limited | ₹94 Cr | Open | |
| 11 Sep 2024 | 100971470 | Others | ₹30 Cr | Satisfied | |
| 30 Mar 2023 | 100696883 | Others | ₹35 Cr | Satisfied | |
| 28 Oct 2021 | 100492747 | Others | ₹13 Cr | Satisfied |
To see the full charge records of Newen Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Newen Systems Private Limited has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in September 2025.
Total deals
4
Rights issues
2
Secondary share transfer
1
Funding round
1
Disclosed funding
₹50 Lakh
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2025 | Funding round | ₹50 Lakh | Investors: 2 individuals |
| Aug 2024 | Rights issue | ₹2.5 Cr | Investors: Fourth Partner Energy Private Limited |
| Oct 2020 | Rights issue | ₹2.5 Cr | Investors: Fourth Partner Energy Private Limited |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: Fourth Partner Energy Private Limited , Fourth Partner Energy Private Limited & Vivekanand Subramanian Seller: 2 individuals |
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 Newen Systems 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
Newen Systems Private Limited has 4 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| BBSK & Associates |
To see the full MSME payment records of Newen Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Newen Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCN0908N1ZC | Gujarat | Active | 06 Nov 2020 |
| 27AAHCN0908N1Z6 | Maharashtra | Active | 31 Aug 2020 |
To see the full GST registrations and return filing status of Newen Systems Private Limited, buy the company report.
Recent activity
Newen Systems Private Limited has 8 board changes on record since 2020: 4 appointments and 4 cessations. The latest: Karan Chadha ceased to be Nominee Director on 31 Oct 2025.
Ceased
Karan Chadha ceased to be Nominee Director.
AGM
Newen Systems Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Charges
A charge registered on 11 Sep 2024 via Charge ID 100971470 with Others was fully satisfied on 06 Jun 2025.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 9,400.00 Lakh with Charge ID 101105665 was registered on 30 May 2025.
Charges
A charge registered on 28 Oct 2021 via Charge ID 100492747 with Others was fully satisfied on 16 Apr 2025.
Filing
Newen Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Nitesh Dwarkaprasad Bhutada was appointed as Director.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 100971470 was registered on 11 Sep 2024.
Charges
A charge registered on 30 Mar 2023 via Charge ID 100696883 with Others was fully satisfied on 26 Mar 2024.
Ceased
Akhil Katara ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 3,500.00 Lakh with Charge ID 100696883 was registered on 30 Mar 2023.
Appointed
Akhil Katara was appointed as Director.
7 earlier events are in the company report.
Frequently asked questions
Newen Systems is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 13 August 2020 (6+ years old) and is registered under CIN U31900GJ2020PTC173495.
Newen Systems has 3 current directors:
- Akhil Katara - Director
- Nitesh Dwarkaprasad Bhutada - Director
- Nitin Sharma - Director
The latest financial statements of Newen Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Newen Systems is 24AAHCN0908N1ZC, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAHCN0908N1Z6 (Maharashtra).
The CIN (Corporate Identification Number) of Newen Systems is U31900GJ2020PTC173495. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newen Systems was incorporated on 13 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
Newen Systems has 4 deals on record (2 rights issues, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in September 2025.
The peers of Newen Systems by revenue are Integrum Energy Infrastructure Limited, Il&Fs Renewable Energy Limited, Azure Power Thirty Seven Private Limited, all in the Cleantech industry (Energy Solutions), with the same principal business activity (electric power generation, transmission and distribution).
Karan Chadha ceased to be Nominee Director on 31 Oct 2025. Nitesh Dwarkaprasad Bhutada was appointed as Director on 12 Mar 2025. Akhil Katara ceased to be Additional Director on 28 Sep 2023. Newen Systems has 8 board changes on record in total.
Yes, Newen Systems is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0022750).
Newen Systems has 4 MSME Form 1 returns on record between 2021 and 2022, listing 4 overdue payments to 1 micro and small supplier. The latest return was filed on 30 Apr 2022.
Newen Systems can be reached through the website newensystems.com. Its registered office is in Pune, Maharashtra, India.