- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-01-0064380

About Next Generation Manufacturers Private Limited
Data last updated:
Next Generation Manufacturers Private Limited is a private limited company based in Ahmednagar, Maharashtra, India, a subsidiary of Amstrad Consumer India Private Limited. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 November 2019 and has been in existence for over 7 years.
Its director Anurag Gupta is #1,055 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31904PN2019PTC187587. Its GSTIN is 27AAGCN7399L1ZK (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.81 Cr. It is led by directors including Vikas Gupta and Anurag Gupta.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. F – 3 MIDC Supa – Parner, Ahmednagar, Maharashtra, India – 414301.
As per the financials filed for FY 2025, the company reported a revenue of ₹380.85 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net profit of ₹19.82 Cr (net margin 5.2%) and EBITDA of ₹35.29 Cr (EBITDA margin 9.3%).
As per MCA filings, the company has open charges of ₹255.09 Cr and satisfied charges of ₹65 Cr on record. The company has 4 deals on record (2 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in December 2024. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 16 overdue payments to 6 micro and small suppliers.
Next Generation Manufacturers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0064380). For more details, the company can be reached via its website pgel.in.
Company details
Recognitions & Rankings of Next Generation Manufacturers
- #1,055 Anurag Gupta ₹2,500 Cr
Contact details
Next Generation Manufacturers Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is pgel.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. F – 3 MIDC Supa – Parner, Ahmednagar, Maharashtra, India – 414301
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Next Generation Manufacturers 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 Next Generation Manufacturers is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Next Generation Manufacturers Private Limited, buy the company report.
Financials of Next Generation Manufacturers Private Limited
FY 2025 filings availableNext Generation Manufacturers Private Limited reported revenue of ₹380.85 Cr (up 106% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 106% in the latest year. EBITDA rose 377% 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 | ₹35.29 Cr | ||||
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| Net Profit (PAT) | ₹19.82 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.3% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Next Generation Manufacturers Private Limited, buy the company report.
Board of directors of Next Generation Manufacturers Private Limited
Next Generation Manufacturers has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Gupta Also directs: PG Electroplast Limited, Goodworth Gadgets Private Limited, Goodworth Innovations Private Limited and 5 more | Director | 02 Mar 2024 | 2 Years 8 Months | Current |
| Anurag Gupta Also directs: PG Electroplast Limited, Goodworth Gadgets Private Limited, Goodworth Innovations Private Limited and 5 more | Director | 02 Mar 2024 | 2 Years 8 Months | Current |
| Vishal Gupta Also directs: PG Electroplast Limited, Goodworth Gadgets Private Limited, Goodworth Innovations Private Limited and 5 more | Director | 02 Mar 2024 | 2 Years 8 Months | Current |
Auditor
Next Generation Manufacturers Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2023 | 012754N/N500016 |
Shareholding
The shareholding of Next Generation Manufacturers Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Next Generation Manufacturers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2025 | 101207014 | Others | ₹45 Cr | Open | |
| 17 Nov 2025 | 101197621 | Others | ₹20 Cr | Open | |
| 15 Feb 2025 | 101054655 | Hdfc Bank Limited | ₹8.9 Lakh | Open | |
| 08 Nov 2024 | 101009836 | Others | ₹20 Cr | Open | |
| 08 Nov 2024 | 101009837 | Others | ₹35 Cr | Open |
To see the full charge records of Next Generation Manufacturers Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Next Generation Manufacturers Private Limited has 4 deals on record (2 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in December 2024.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Rights issue | ₹265 Cr | Investors: PG Technoplast Private Limited |
| Mar 2024 | Rights issue | ₹30 Cr | Investors: PG Technoplast Private Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: PG Technoplast Private Limited , PG Technoplast Private Limited & Vikas Gupta Seller: Amstrad Consumer India Private Limited & Sanjeev Mittal, Amstrad Consumer India Private Limited |
To see the full deal history of Next Generation Manufacturers Private Limited, buy the company report.
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 Next Generation Manufacturers 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
Next Generation Manufacturers Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 16 overdue payments to 6 micro and small suppliers. 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 (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| R. T. Karachiwala Sons Radio and Electr | |||
| Neero Cooltech India Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Next Generation Manufacturers Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Next Generation Manufacturers has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN7399L1ZK | Maharashtra | Active | 18 Dec 2019 |
| 08AAGCN7399L1ZK | Rajasthan | Active | 09 Aug 2024 |
To see the full GST registrations and return filing status of Next Generation Manufacturers Private Limited, buy the company report.
Recent activity
Next Generation Manufacturers Private Limited has 13 board changes on record since 2020: 3 appointments and 10 cessations. The latest: Anurag Gupta ceased to be Additional Director on 29 Sep 2024.
21 earlier events are in the company report.
Frequently asked questions
Next Generation Manufacturers is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 November 2019 (7+ years old) and is registered under CIN U31904PN2019PTC187587.
Next Generation Manufacturers has 3 current directors:
- Vikas Gupta - Director
- Anurag Gupta - Director
- Vishal Gupta - Director
The latest financial statements of Next Generation Manufacturers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Next Generation Manufacturers is 27AAGCN7399L1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAGCN7399L1ZK (Rajasthan).
The CIN (Corporate Identification Number) of Next Generation Manufacturers is U31904PN2019PTC187587. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Next Generation Manufacturers was incorporated on 04 November 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
Next Generation Manufacturers has 4 deals on record (2 rights issues, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15 Cr; the latest was in December 2024.
Anurag Gupta ceased to be Additional Director on 29 Sep 2024. Vikas Gupta ceased to be Additional Director on 29 Sep 2024. Vishal Gupta ceased to be Additional Director on 29 Sep 2024. Next Generation Manufacturers has 13 board changes on record in total.
Yes, Next Generation Manufacturers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-01-0064380).
Next Generation Manufacturers has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 16 overdue payments to 6 micro and small suppliers. The latest return was filed on 02 Sep 2023.
Next Generation Manufacturers can be reached through the website pgel.in. Its registered office is in Ahmednagar, Maharashtra, India.

