Panache Newage Technology Private Limited
About Panache Newage Technology Private Limited
Data last updated:
Panache Newage Technology Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 08 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74110MH2007PTC168503. Its GSTIN is 27AAECP1827F1ZK (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹42.5 Lakh. It was formerly known as Panache Infotech Private Limited. It is led by directors including Nikit Devchand Rambhia and Amit Devchand Rambhia.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.25 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.6 Lakh (net margin 20.6%) and EBITDA of ₹7.5 Lakh (EBITDA margin 27.5%). Revenue has grown at a compounded annual rate (CAGR) of 167% over three years and 20% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB Wing 507 B Raheja Plaza Premises Csl, L.B.S. Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Panache Newage Technology Private Limited
The main business activity of Panache Newage Technology is information and communication. In detail, this covers information service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Panache Newage Technology Private Limited FY 2025 filings available
Panache Newage Technology Private Limited reported revenue of ₹27.25 Lakh (up 468% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Panache Newage Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 468% growth in the latest year. EBITDA rose 601% 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 of Panache Newage Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹7.5 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.6 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Panache Newage Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 20.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Panache Newage Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Panache Newage Technology Private Limited
Panache Newage Technology Private Limited is compared with the companies closest to it by revenue in the Telecom industry (IT Products Retail and Distribution, Telecom Equipment and Technology). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Abis Software Services Private Limited | ₹27.44 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Kolkata, West Bengal, India |
| Ack Imaging Tek Private Limited | ₹27.4 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Optus Innovation Private Limited | ₹27.39 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Nandini Power Solutions Private Limited | ₹27.38 Lakh (FY 2023) | •••• | •••• | -13.0% | •••• | New Delhi, Delhi, India |
| Quick Times of Network Private Limited | ₹27.3 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Aligarh, Uttar Pradesh, India |
| Panache Newage Technology Private Limited this company | ₹27.25 Lakh (FY 2025) | •••• | •••• | 468.0% | •••• | Mumbai, Maharashtra, India |
| A2s IT and Management Services Private Limited | ₹27.21 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Delhi, India |
| Kavita Computeronics Private Limited | ₹27.19 Lakh (FY 2024) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Concept Compuserv Private Limited | ₹26.99 Lakh (FY 2025) | •••• | •••• | 2985.0% | •••• | New Delhi, Delhi, India |
| Real Technology Solutions Private Limited | ₹26.91 Lakh (FY 2025) | •••• | •••• | 34.0% | •••• | Chennai, Tamil Nadu, India |
| Oke Electronics Private Limited | ₹26.7 Lakh (FY 2025) | •••• | •••• | -73.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Panache Newage Technology by revenue in the Telecom industry (IT Products Retail and Distribution, Telecom Equipment and Technology), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Panache Newage Technology Private Limited
Panache Newage Technology Private Limited is audited by JAIN SALIA & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN SALIA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Panache Newage Technology Private Limited
Panache Newage Technology has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikit Devchand Rambhia Also directs: Rambhia Ipr Services LLP, Panache Digilife Limited, Air Digilife Private Limited and 1 more | Director | 07 Jan 2019 | 7 Years 9 Months | Current |
| Amit Devchand Rambhia | Director | 07 Jan 2019 | 7 Years 9 Months | Current |
| Bhushan Gaonkar Also directs: Posspole Telecom Private Limited, Urbanfour Tech Private Limited, Papercats Creative Solutions Private Limited and 1 more | Director | 14 Apr 2025 | 1 Years 5 Months | Current |
Ownership and Shareholding of Panache Newage Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Panache Newage Technology Private Limited
Panache Newage Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Panache Newage Technology Private Limited
Panache Newage Technology Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 21 Sep 2026.
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, Hyderabad CCC, Telangana | Court case (COP) | Filed against the company by Odwen Technologies Private Limited | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Panache Newage Technology Private Limited
Panache Newage Technology Private Limited has a workforce of 2 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Panache Newage Technology Private Limited
Panache Newage Technology has undergone 2 name changes throughout its history. The company was previously known as Panache Infotech Private Limited, and Panache Newage Technology Private Limited. The current legal name is Panache Newage Technology Private Limited.
| Company Name | Status |
|---|---|
| Panache Newage Technology Private Limited | Current |
| Panache Infotech Private Limited | Previous |
CIN History of Panache Newage Technology Private Limited
Panache Newage Technology has one previous CIN (Corporate Identification Number): U72300MH2007PTC168503. The current CIN is U74110MH2007PTC168503, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110MH2007PTC168503 | Current |
| U72300MH2007PTC168503 | Previous |
Recent Activity on Panache Newage Technology Private Limited
Panache Newage Technology Private Limited has 10 board changes on record since 2011: 3 appointments and 7 cessations. The latest: Bhushan Gaonkar was appointed as Director on 14 Apr 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Panache Newage Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Panache Newage Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Panache Newage Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Panache Newage Technology Private Limited
Panache Newage Technology has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP1827F1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Panache Newage Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Panache Newage Technology Private Limited
Panache Newage Technology is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 08 March 2007 (19+ years old) and is registered under CIN U74110MH2007PTC168503.
Panache Newage Technology reported revenue of ₹27.25 Lakh for FY 2025 (up 468% YoY).
Panache Newage Technology has 3 current directors:
- Nikit Devchand Rambhia - Director
- Amit Devchand Rambhia - Director
- Bhushan Gaonkar - Director
Panache Newage Technology reported a net profit of ₹5.6 Lakh (net margin 20.6%) and EBITDA of ₹7.5 Lakh (EBITDA margin 27.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Panache Newage Technology is 167% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 468%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Panache Newage Technology is 27AAECP1827F1ZK, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Panache Newage Technology is U74110MH2007PTC168503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panache Newage Technology has 1 court case on record: 1 filed against it. 1 is pending.
Panache Newage Technology was incorporated on 08 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Panache Newage Technology by revenue are Abis Software Services Private Limited, Ack Imaging Tek Private Limited, Optus Innovation Private Limited, Nandini Power Solutions Private Limited, Quick Times of Network Private Limited and 5 more, all in the Telecom industry (IT Products Retail and Distribution, Telecom Equipment and Technology).
Bhushan Gaonkar was appointed as Director on 14 Apr 2025. Nitesh Manilal Savla ceased to be Director on 18 Mar 2019. Anilkumar Hiralal Bhandari ceased to be Additional Director on 01 Feb 2019. Panache Newage Technology has 10 board changes on record in total.