Newtrace Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.18 M
- Company Age 3 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.99 Cr
- Revenue Growth %
- Profit Growth -40775.23%
- Ebitda -41457.22%
- Net Worth 108037.37%
- Total Assets 91473.19%
About Newtrace
Newtrace Private Limited (NPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 13 October 2021 (Three years and seven months 9 days old ). Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.18 M.
The company currently has active open charges totaling ₹4.99 Cr.
The Key Managerial Personnel (KMP) at Newtrace Private Limited India is Prasanta Sarkar as CEO. Visesh Rajaram, Rochan Sinha, and Prasanta Sarkar serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31900KA2021PTC153080
- Company No.
153080
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
13 Oct 2021
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
Newtrace Private Limited
Explore comprehensive data for Newtrace Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Newtrace?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prasanta Sarkar | CEO | 13-Oct-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Visesh Rajaram  | Director | 21-Jun-2022 | Current |
| Rochan Sinha | Director | 13-Oct-2021 | Current |
Financial Performance of Newtrace.
Newtrace Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 40775.23% decrease in profit. The company's net worth Soared by an impressive increase of 108037.37%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Newtrace?
Unlock access to Newtrace's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
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Speciale Incept Advisors LlpVisesh Rajaram is a mutual person
Charges (Loans)
Open Charges
₹49.90 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 4.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Sep 2024 | Hdfc Bank Limited | ₹4.99 Cr | Open |
How Many Employees Work at Newtrace?
Unlock and access historical data on people associated with Newtrace, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Newtrace, 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 Newtrace's trajectory.
Rating
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Alerts
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 Newtrace
Recent activity within the organization
- Annual General Meeting
Newtrace Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 49.90 M with Charge ID 100991721 was registered on 06 Sep 2024.
- Balance Sheet
Newtrace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Visesh Rajaram was appointed as a Director was appointed as a Director on 21 Jun 2022 & has been associated with this company since 2 years 11 months .
- Director Appointment
Rochan Sinha was appointed as a Director was appointed as a Director on 13 Oct 2021 & has been associated with this company since 3 years 7 months .
- Director Appointment
Prasanta Sarkar was appointed as a Ceo was appointed as a Ceo on 13 Oct 2021 & has been associated with this company since 3 years 7 months .
Recent News, Updates & Announcement
India Hydrogen Alliance welcomes seven new members, expands industry coalition.The Expanded Membership Announcement Follows Submission Of The USD 5 Billion National Green Hydrogen Hub Economic Viability And Development Plan.
- Newtrace to utilise $5.65 million fundraise for expansion of electrolyser manufacturing in India, says CEO.
The threat of climate change looms large and there is an urgent need to make concentrated efforts towards de-carbonisation. One such climate-tech startup is Newtrace, which aims to transform the global green hydrogen market. Newtrace develops and manufactures innovative electrolysers that aim to reduce the cost of green hydrogen production by over 60 percent..
- Newtrace Secures Over $5mn in Seed Round Funding.
A pioneer in climate technology, Newtrace, secured $5.65 million in seed funding. Sequoia Capital India and Aavishkaar Capital took the lead.
Frequently asked questions
What is the Incorporation or founding date of Newtrace Private Limited?
Newtrace Private Limited was incorporated on 13 Oct 2021.
What is authorized share capital and paid-up capital of Newtrace Private Limited?
The authorized share capital of Newtrace Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.18 M.
Who are the current board members & directors of Newtrace Private Limited?
Currently 4 directors are associated with Newtrace Private Limited.
- Visesh Rajaram
- Rochan Sinha
- Prasanta Sarkar
- Prasanta Sarkar
What is the registered address of Newtrace Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Newtrace Private Limited is No 23 1St Cross 2Nd Main Road Doddanekundi Industrial Area 2, Phase 1 India, Bangalore North, Karnataka, 560048.
What is the corporate identification number (CIN) and company number of Newtrace Private Limited?
The corporate identification number (CIN) of Newtrace Private Limited is U31900KA2021PTC153080 and the company number is 153080 as per Ministry of Corporate Affairs (MCA).
What is the official website of Newtrace Private Limited?
The Official website of Newtrace Private Limited is https://www.newtrace.io
What change has been observed in the net worth of Newtrace Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Newtrace Private Limited has experienced an upsurge of 108037.37%.
What are the total open charges for Newtrace Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Newtrace Private Limited amount to ₹ 4.99 Cr.
When was the last Balance Sheet of Newtrace Private Limited filed with the ROC?
The most recent Balance Sheet for Newtrace Private Limited was filed with the ROC on 31 Mar 2024.
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