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Newtrace Private Limited - machinery and equipment in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹1.02 Cr
▼ 71% YoY
Net loss · FY 2026
₹13.54 Cr
Latest filing
EBITDA · FY 2026
-₹12.62 Cr
Latest filing
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.01 Lakh
Issued & subscribed
Open charges
₹4.99 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Employees · EPFO
44
Provident fund records
About Newtrace Private Limited
Data last updated:
Newtrace Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 13 October 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31900KA2021PTC153080. Its GSTIN is 29AAHCN8628F1Z2 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.01 Lakh. It is led by directors including Prasanta Sarkar and Rochan Sinha.
Its last annual general meeting (AGM) was held on 29 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2026, the company reported a revenue of ₹1.02 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹13.54 Cr and EBITDA of -₹12.62 Cr. Revenue has grown at a compounded annual rate (CAGR) of 114% over three years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NewTrace. As per MCA filings, the company has open charges of ₹4.99 Cr on record. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹112.7 Cr; the latest was in March 2026.
Newtrace Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0277106). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website newtrace.io.
Company details
CIN U31900KA2021PTC153080
Registration Number 153080
Incorporation Date 13 October 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0277106
Recognitions & Rankings of Newtrace
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0277106
Contact details
Newtrace Private Limited's registered office is in Bangalore, Karnataka. Its website is newtrace.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 23 1st Cross 2nd Main Road, Doddanekundi Industrial Area 2 Phase 1, Bangalore, Karnataka, India – 560048
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Newtrace Private Limited, buy the company report.
Comprehensive company report
Newtrace 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
Newtrace operates one associated brand: NewTrace. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrolyzers are developed for green hydrogen generation and sector decarbonization. | newtrace.io |
Business activity
The main business activities of Newtrace are manufacturing and trade. In detail, this covers manufacture of electrical equipment and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Newtrace Private Limited, buy the company report.
Financials of Newtrace Private Limited
FY 2026 filings availableNewtrace Private Limited reported revenue of ₹1.02 Cr (down 71% YoY) for FY 2026.
Revenue · FY 2026
₹1.02 Cr ▼ 71%
Net loss · FY 2026
₹13.54 Cr
EBITDA · FY 2026
-₹12.62 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▲ 114%
EBITDA CAGR growth
1 year
▲ 15%
Revenue fell 71% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 114%. EBITDA rose 15% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹12.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.54 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 | |||||
To see the full financial statements and ratios of Newtrace Private Limited, buy the company report.
Board of directors of Newtrace Private Limited
Newtrace has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanta Sarkar | Director | 13 Oct 2021 | 5 Years 0 Months | Current |
| Rochan Sinha | Director | 13 Oct 2021 | 5 Years 0 Months | Current |
| Visesh Rajaram Also directs: Speciale Incept Advisors LLP, Speciale Incept Growth Advisors LLP, Fermbox Bio Private Limited and 5 more | Nominee Director | 21 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Newtrace Private Limited is audited by MSKC & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKC & ASSOCIATES | FY 2026 | 001595S |
Shareholding
The shareholding of Newtrace Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Newtrace Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.99 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Sep 2024 | 100991721 | Hdfc Bank Limited | ₹4.99 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Newtrace Private Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹112.7 Cr; the latest was in March 2026.
Total deals
3
Funding rounds
3
Disclosed funding
₹112.7 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2026 | Funding round · Pre-Series A | ₹57.99 Cr | Investors: HDFC Bank Limited , Surge, Mitsui Sumitomo Marine Capital, an individual |
| May 2023 | Funding round · Seed | ₹46.91 Cr | Investors: Peak XV Partners (Sequoia India and SEA), Aavishkaar Capital, Speciale Invest |
| Jun 2022 | Funding round · Pre-seed | ₹7.8 Cr | Investors: Speciale Invest, Micelio Fund, 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 Newtrace 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 Newtrace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Newtrace Private Limited has a workforce of 44 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-18.5%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 44 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 |
To see the full employee and EPFO history of Newtrace Private Limited, buy the company report.
GST
Newtrace has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCN8628F1Z2 | Karnataka | Active | 23 Jun 2022 |
To see the full GST registrations and return filing status of Newtrace Private Limited, buy the company report.
Recent activity
Newtrace Private Limited has 4 board changes on record since 2021: 3 appointments and 1 cessation. The latest: Visesh Rajaram ceased to be Additional Director on 26 Sep 2022.
AGM
Newtrace Private Limited last Annual general meeting of members was held on 29 Sep 2026 as per latest MCA records.
Filing
Newtrace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 499.00 Lakh with Charge ID 100991721 was registered on 06 Sep 2024.
Ceased
Visesh Rajaram ceased to be Additional Director.
Appointed
Visesh Rajaram was appointed as Nominee Director.
Appointed
Prasanta Sarkar was appointed as Director.
Appointed
Rochan Sinha was appointed as Director.
Incorporation
13 Oct 2021
Newtrace Private Limited was registered on 13 Oct 2021 with Roc Bangalore & aged 5 years 30 days as per MCA records.
News
Frequently asked questions
Newtrace is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 13 October 2021 (5+ years old) and is registered under CIN U31900KA2021PTC153080.
Newtrace has 3 current directors:
- Prasanta Sarkar - Director
- Rochan Sinha - Director
- Visesh Rajaram - Nominee Director
The latest financial statements of Newtrace on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2026. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Newtrace is 29AAHCN8628F1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Newtrace is U31900KA2021PTC153080. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newtrace was incorporated on 13 October 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Newtrace has 3 deals on record (3 funding rounds), with disclosed funding of ₹112.7 Cr; the latest was in March 2026.
Visesh Rajaram ceased to be Additional Director on 26 Sep 2022. Visesh Rajaram was appointed as Nominee Director on 21 Jun 2022. Prasanta Sarkar was appointed as Director on 13 Oct 2021. Newtrace has 4 board changes on record in total.
Yes, Newtrace is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Newtrace is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0277106).
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