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Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

Valuation
Financials (FY2024)
Investment Thesis
Newage Marketing Limited is a small, unlisted Delhi-based wholesale trade company with over four decades of incorporation history. However, the absence of any publicly available financial information, website, or investor disclosures makes it a highly opaque investment. The company has no visible market presence or brand recognition in its sector, making this a highly speculative instrument suitable only for risk-tolerant investors.
Pros
Cons
Business Segments
Wholesale Trade
Engaged in wholesale trading of goods and merchandise across product categories
Business Services
Provides ancillary business support and distribution services to clients
Revenue Model
Revenue generated through trading margins on wholesale goods, commission income from trade intermediation, and business services fees from commercial clients.
Detailed Analysis
Growth Plans
Potential listing on BSE SME or NSE Emerge platform improving liquidity and investor access
Growth in India's wholesale and distribution sector driven by domestic consumption
Digital transformation of wholesale trade offering operational efficiency improvements
Industry Tailwinds
Potential listing on BSE SME or NSE Emerge platform improving liquidity and investor access
Recent Developments
Newage Marketing Limited continues to operate as an unlisted company with no material public announcements or corporate actions reported. The company maintains its registered office in Delhi.
2024-01Comparable Companies
REDINGTON · ~₹8,000 Cr
MINDACORP · ~₹5,000 Cr
Frequently Asked Questions
About Newage Marketing
Newage Marketing Limited is a Delhi-based public limited company incorporated on July 17, 1984. With CIN L51909DL1984PLC018695, the company is registered with the Registrar of Companies, Delhi and engaged in wholesale trading and business services. The company's registered address is at 59/17, Ground Floor, Bahubali Apartments, New Rohtak Road, Delhi 110005. Newage Marketing operates in the business services industry with its primary activity classified under other wholesale trade (not elsewhere classified), falling within India's Wholesale Trade and Commission Trade sector. With an authorised share capital of INR 1.10 crore and paid-up capital of INR 0.84 crore, Newage Marketing is a small-scale trading and distribution company. The company's key management personnel include Manish Arora as CFO and Company Secretary, and Kamlesh Kumar as Company Secretary, with Manish Arora, Dhiraj Gupta, and Anju Devi serving as directors. Over its 40-year history since 1984, Newage Marketing has operated as a trading intermediary in Delhi's commercial ecosystem. The company's positioning in wholesale trade and business services makes it a representative of India's large unorganised-to-organised commerce transition. While specifics of product categories traded are not publicly detailed, the company's long operational history in Delhi's commercial district and its maintained active status reflect ongoing trading operations. The MCA classification under 'other wholesale n.e.c.' indicates diversified trading activities rather than focus on a single commodity or product category.
Key Milestones
1984: Incorporated in Delhi as a wholesale trade and marketing company
Common questions about unlisted shares
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A principal desk for unlisted & pre-IPO shares — you transact with us, not a stranger.
You enquire
Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
You transfer the funds
Pay within 2 days of accepting
Shares reach your demat
Usually credited within 2–3 business days
Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
Growth in India's wholesale and distribution sector driven by domestic consumption
Digital transformation of wholesale trade offering operational efficiency improvements
Industry Headwinds
Continued absence of public disclosures reducing investor confidence
Disruption from e-commerce and organized retail in traditional wholesale segments
Potential non-compliance with regulatory reporting requirements for public companies
Very small paid-up capital of INR 0.84 Cr limits scale
Source: Company Financial Filings
No publicly available website limits investor transparency
Source: AlphaHub Research
Wholesale trade faces disintermediation risk from digital platforms
Source: AlphaHub Research
No publicly available financial disclosures or annual reports, making it impossible to assess revenue, profitability, or debt levels.
Shares are unlisted with no formal exchange trading, making it extremely difficult to buy or sell at a fair market price.
Wholesale trade and distribution faces structural disruption from e-commerce platforms and large organized retail chains entering the wholesale segment.
No publicly known client base, product portfolio, or operational scale to evaluate the sustainability of business activities.
Absence of public disclosures raises concerns about corporate governance standards and adherence to regulatory reporting norms.
Registered under the Companies Act as a Public Limited company with CIN L51909DL1984PLC018695
Operated for over four decades in the wholesale trade and business services space
Shares remain unlisted on major Indian stock exchanges
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