Newen Systems Private Limited

Provides energy storage systems for various industries, including commercial, industrial, and utility scale.

2020 | Pune, Maharashtra (India) | Active
Last Updated:

Newen Systems Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 4.68 M
  • Company Age 4 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.00 Cr
  • Satisfied Charges ₹ 35.00 Cr
  • Revenue Growth 671.86%
  • Profit Growth -22.68%
  • Ebitda 4.59%
  • Net Worth -458.04%
  • Total Assets 27.37%

About Newen Systems

Newen Systems Private Limited (NSPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 August 2020 (Four years and six months 22 days old ). Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 6.00 M and a paid-up capital of Rs 4.68 M.

The company currently has active open charges totaling ₹43.00 Cr. The company has closed loans amounting to ₹35.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nitin Sharma, Karan Chadha, and Akhil Katara serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    newensystems.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31900PN2020PTC192936

  • Company No.

    192936

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Aug 2020

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Energy and Power

Who are the key members and board of directors at Newen Systems?

Board Members (3)

NameDesignationAppointment DateStatus
Nitin Sharma Country flag representing In Director 13-Aug-2020Current
Karan Chadha Country flag representing In Nominee Director 27-Oct-2020Current
Akhil Katara Director 04-Oct-2022Current

Financial Performance of Newen Systems.

Newen Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 671.86% increase. The company also saw a substantial fall in profitability, with a 22.68% decrease in profit. The company's net worth observed a substantial decline by a decrease of 458.04%.

Newen Systems revenue growth over time
Newen Systems profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
671.86%
Revenue from Operations
787.48%
Total Assets
27.37%
Profit or Loss
-22.68%
Net Worth
-458.04%
EBITDA
4.59%

What is the Ownership and Shareholding Structure of Newen Systems?

In 2023, Newen Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹430.00 M

Satisfied Charges

₹350.00 M

Charges Breakdown by Lending Institutions

  • Others : 43.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Sep 2024Others₹30.00 CrOpen
28 Oct 2021Others₹13.00 CrOpen
30 Mar 2023Others₹35.00 CrSatisfied

How Many Employees Work at Newen Systems?

Newen Systems has a workforce of 58 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Newen Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Newen Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Newen Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Newen Systems

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 300.00 M with Charge ID 100971470 was registered on 11 Sep 2024.

  • Charges

    A charge registered on 30 Mar 2023 via Charge ID 100696883 with Others was fully satisfied on 26 Mar 2024.

  • Annual General Meeting

    Newen Systems Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Newen Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 350.00 M with Charge ID 100696883 was registered on 30 Mar 2023.

  • Director Appointment

    Akhil Katara was appointed as a Director was appointed as a Director on 04 Oct 2022 & has been associated with this company since 2 years 5 months .

Frequently asked questions

  • What is the Incorporation or founding date of Newen Systems Private Limited?

    Newen Systems Private Limited was incorporated on 13 Aug 2020.

  • What is authorized share capital and paid-up capital of Newen Systems Private Limited?

    The authorized share capital of Newen Systems Private Limited is ₹ 6.00 M and paid-up capital is ₹ 4.68 M.

  • Who are the current board members & directors of Newen Systems Private Limited?

    Currently 3 directors are associated with Newen Systems Private Limited.

    • Nitin Sharma
    • Karan Chadha
    • Akhil Katara

  • What is the registered address of Newen Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Newen Systems Private Limited is Office No. 01 5Th Floor A Building City Vista, Sr. 53/2A/1 India, Pune, Maharashtra, 411014.

  • What is the corporate identification number (CIN) and company number of Newen Systems Private Limited?

    The corporate identification number (CIN) of Newen Systems Private Limited is U31900PN2020PTC192936 and the company number is 192936 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Newen Systems Private Limited?

    The Official website of Newen Systems Private Limited is https://www.newensystems.com

  • What has been the recent revenue trend for Newen Systems Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Newen Systems Private Limited has risen by 671.86%.

  • How many employees does Newen Systems Private Limited currently have?

    As Per 2023 financial reports, 58 employees are currently employed by Newen Systems Private Limited.

  • What change has been observed in the net worth of Newen Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Newen Systems Private Limited has experienced an downturn of -458.04%.

  • What are the total open charges for Newen Systems Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Newen Systems Private Limited amount to ₹ 43.00 Cr.

  • When was the last Balance Sheet of Newen Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Newen Systems Private Limited was filed with the ROC on 31 Mar 2023.

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