About Newgen Payment Gateway Private Limited
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Newgen Payment Gateway Private Limited is a private limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the online payment gateways segment of the financial services sector. It was incorporated on 12 September 2013.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2013PTC257716. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.67 Lakh. It is led by directors including Jaswant Lal Jhamb and Shakuntala Jhamb.
Its last annual general meeting (AGM) was held on 19 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at C – 99 Block – C Inder Puri, New Delhi, Delhi, India – 110012.
As per the financials filed for FY 2023, the company reported a revenue of ₹82,889, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹7.94 Lakh and EBITDA of -₹13.6 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 83% over three years and 61% over five years.
The company is associated with 1 brand: New Gen Payments. The company has 1 deal on record (1 funding round); the latest was in August 2014.
The last known website on record is newgenpayments.com.
Company details
Contact details
Newgen Payment Gateway Private Limited's registered office is in New Delhi, Delhi. Its website is newgenpayments.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC – 99 Block – C Inder Puri, New Delhi, Delhi, India – 110012
- IndustryFinancial Services, Online Payment Gateways
To see the full contact details of Newgen Payment Gateway 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
Newgen Payment Gateway operates one associated brand: New Gen Payments. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A payment gateway and end-to-end e-commerce store builder are provided. | newgenpayments.com |
Financials of Newgen Payment Gateway Private Limited
FY 2023 filings availableNewgen Payment Gateway Private Limited reported revenue of ₹82,889 (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 61% over five years, including a 98% fall in the latest year. EBITDA rose 54% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹13.6 Lakh | ||||
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| Net Profit (PAT) | -₹7.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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To see the full financial statements and ratios of Newgen Payment Gateway Private Limited, buy the company report.
Board of directors and KMP of Newgen Payment Gateway Private Limited
Newgen Payment Gateway Private Limited currently reports 3 directors and 1 key managerial person. 1 former director has served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaswant Lal Jhamb | Director | 12 Sep 2013 | 13 Years 2 Months | As last reported |
| Shakuntala Jhamb | Director | 12 Sep 2013 | 13 Years 2 Months | As last reported |
| Deepak Goyal Kumar | Irp/Rp/Liquidator | 29 Dec 2023 | 2 Years 10 Months | As last reported |
| Sunil Jhamb | Ceo | 07 Sep 2015 | 11 Years 2 Months | As last reported |
Auditor
Newgen Payment Gateway Private Limited is audited by PARM AND ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARM AND ASSOCIATES LLP | FY 2022 | N500087 |
Shareholding
The shareholding of Newgen Payment Gateway Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Newgen Payment Gateway Private Limited, buy the company report.
Deals & funding
Newgen Payment Gateway Private Limited has 1 deal on record (1 funding round); the latest was in August 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2014 | Funding round | Undisclosed | Investors: an individual |
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 Newgen Payment Gateway 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
No delayed payments to MSME suppliers are on our record for Newgen Payment Gateway Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Newgen Payment Gateway has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Newgen Payment Gateway Private Limited, buy the company report.
Recent activity
Newgen Payment Gateway Private Limited has 5 board changes on record since 2013: 4 appointments and 1 cessation. The latest: Deepak Goyal Kumar was appointed as Irp/Rp/Liquidator on 29 Dec 2023.
Frequently asked questions
Newgen Payment Gateway is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Newgen Payment Gateway is a company under liquidation, formerly operating as a private limited company based in New Delhi, Delhi, India. The company works in online payment gateways, within the financial services industry. It was incorporated on 12 September 2013 and is registered under CIN U72900DL2013PTC257716. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Newgen Payment Gateway has 4 current directors and KMP:
- Jaswant Lal Jhamb - Director
- Shakuntala Jhamb - Director
- Deepak Goyal Kumar - Irp/Rp/Liquidator
- Sunil Jhamb - Ceo
The latest financial statements of Newgen Payment Gateway on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 19 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Newgen Payment Gateway is U72900DL2013PTC257716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newgen Payment Gateway was incorporated on 12 September 2013. It is registered with the Registrar of Companies, Delhi.
Newgen Payment Gateway has 1 deal on record (1 funding round); the latest was in August 2014.
Deepak Goyal Kumar was appointed as Irp/Rp/Liquidator on 29 Dec 2023. Sunil Jhamb ceased to be Whole-Time Director on 29 Feb 2020. Sunil Jhamb was appointed as CEO on 07 Sep 2015. Newgen Payment Gateway has 5 board changes on record in total.
Newgen Payment Gateway can be reached through the website newgenpayments.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Newgen Payment Gateway is at C – 99 Block – C Inder Puri, New Delhi, Delhi, India – 110012.
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