- Category
- Micro (2022-23)
- Udyam number
- UDYAM-MH-26-0086522

Newtech Electric Company India Private Limited
About Newtech Electric Company India Private Limited
Data last updated:
Newtech Electric Company India Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial products retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 25 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U51505PN2012PTC145180. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vaijayanti Appasaheb Adsul and Appasaheb Vitthal Adsul.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at P – 1/5 Sai Palace Near Chandani Chowk Paud Road Kothrud, Pune, Maharashtra, India – 411038.
As per the financials filed for FY 2021, the company reported a revenue of ₹82.14 Lakh, a decline of 69% compared to the previous year. For the same year it recorded a net loss of ₹45.61 Lakh (net margin -55.5%) and EBITDA of -₹34.56 Lakh (EBITDA margin -42.1%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Newtech Electric Company India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0086522). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Newtech Electric Company India
Contact details
Newtech Electric Company India Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP – 1/5 Sai Palace Near Chandani Chowk Paud Road Kothrud, Pune, Maharashtra, India – 411038
- IndustryMachinery and Equipment, Industrial Products Retail & Distribution
To see the full contact details of Newtech Electric Company India 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
Business activity
The main business activity of Newtech Electric Company India is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Newtech Electric Company India Private Limited, buy the company report.
Financials of Newtech Electric Company India Private Limited
FY 2021 filings availableNewtech Electric Company India Private Limited reported revenue of ₹82.14 Lakh (down 69% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 69% fall in the latest year. EBITDA fell 451% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹34.56 Lakh | ||||
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| Net Profit (PAT) | -₹45.61 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -42.1% | ||||
| Net Profit Margin | -55.5% | ||||
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To see the full financial statements and ratios of Newtech Electric Company India Private Limited, buy the company report.
Board of directors of Newtech Electric Company India Private Limited
Newtech Electric Company India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaijayanti Appasaheb Adsul Also directs: Ecotech Power Solutions Private Limited | Director | 25 Oct 2012 | 14 Years 0 Months | Current |
| Appasaheb Vitthal Adsul | Director | 25 Oct 2012 | 14 Years 0 Months | Current |
Auditor
Newtech Electric Company India Private Limited is audited by A.S.DEO & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.S.DEO & CO | FY 2019 | 147304W |
Shareholding
The shareholding of Newtech Electric Company India Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Newtech Electric Company India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2018 | 100243716 | Others | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Newtech Electric Company India Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Civil M.A.) | Filed against the company by Clariant Power System Ltd. Through Managing Director Tushar Deshmukh | Pending |
To see the full case history of Newtech Electric Company India Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Newtech Electric Company India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Newtech Electric Company India 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 Newtech Electric Company India Private Limited, buy the company report.
Recent activity
Newtech Electric Company India Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Appasaheb Vitthal Adsul was appointed as Director on 25 Oct 2012.
Frequently asked questions
Newtech Electric Company India is an active private limited company based in Pune, Maharashtra, India. The company works in industrial products retail and distribution, within the machinery and equipment industry. It was incorporated on 25 October 2012 (14+ years old) and is registered under CIN U51505PN2012PTC145180.
Newtech Electric Company India has 2 current directors:
- Vaijayanti Appasaheb Adsul - Director
- Appasaheb Vitthal Adsul - Director
The latest financial statements of Newtech Electric Company India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Newtech Electric Company India has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Newtech Electric Company India is U51505PN2012PTC145180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newtech Electric Company India has 1 court case on record: 1 filed against it. 1 is pending.
Newtech Electric Company India was incorporated on 25 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Appasaheb Vitthal Adsul was appointed as Director on 25 Oct 2012. Vaijayanti Appasaheb Adsul was appointed as Director on 25 Oct 2012.
Yes, Newtech Electric Company India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0086522).
The registered office of Newtech Electric Company India is at P – 15 Sai Palace Near Chandani Chowk Paud Road Kothrud, Pune, Maharashtra, India – 411038.

