-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 HGG5MZcoD/RcxREWp4w9Q6YZba2RNLAfhtPeIxMKU2ShROhj+OksD1F11FnIbhZf
 +XknB94nqpCU1MEWJPpF2A==

<SEC-DOCUMENT>0000901837-03-000003.txt : 20031015
<SEC-HEADER>0000901837-03-000003.hdr.sgml : 20031013
<ACCEPTANCE-DATETIME>20031015153709
ACCESSION NUMBER:		0000901837-03-000003
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20031010
FILED AS OF DATE:		20031015

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			STILL GEORGE J JR
		CENTRAL INDEX KEY:			0001209711

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		03941868

	MAIL ADDRESS:	
		STREET 1:		NORWEST VENTURE PARTNERS
		STREET 2:		525 UNIVERSITY AVE STE 800
		CITY:			PALO ALTO
		STATE:			CA
		ZIP:			94301

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			LINDAHL JOHN E
		CENTRAL INDEX KEY:			0001211896

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		03941872

	MAIL ADDRESS:	
		STREET 1:		NORWEST EQUITY PARTNERS
		STREET 2:		3600 IDS CENTER, 80 S. EIGHTH ST.
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ITASCA PARTNERS
		CENTRAL INDEX KEY:			0001252790
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		03941870

	MAIL ADDRESS:	
		STREET 1:		3600 IDS CENTER
		STREET 2:		80 SOUTH EIGHT ST
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			WHALEY JOHN P
		CENTRAL INDEX KEY:			0001185205

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		03941869

	BUSINESS ADDRESS:	
		STREET 1:		3600 IDS CENTER
		STREET 2:		80 SOUTH EIGHTH ST
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402
		BUSINESS PHONE:		6122151667

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NVE CORP /NEW/
		CENTRAL INDEX KEY:			0000724910
		STANDARD INDUSTRIAL CLASSIFICATION:	SEMICONDUCTORS & RELATED DEVICES [3674]
		IRS NUMBER:				411424202
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			0331

	BUSINESS ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344
		BUSINESS PHONE:		9528299217

	MAIL ADDRESS:	
		STREET 1:		11409 VALLEY VIEW ROAD
		CITY:			EDEN PRAIRIE
		STATE:			MN
		ZIP:			55344

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PREMIS CORP
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			NORWEST EQUITY PARTNERS IV LP /MN/
		CENTRAL INDEX KEY:			0000901837
		STATE OF INCORPORATION:			MN
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-12196
		FILM NUMBER:		03941871

	BUSINESS ADDRESS:	
		STREET 1:		3600 IDS CENTER
		STREET 2:		80 SOUTH EIGHTH STREET
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			55402
		BUSINESS PHONE:		6122151667

	MAIL ADDRESS:	
		STREET 1:		3600 IDS CENTER 80 SOUTH EIGHTH STREET
		CITY:			MINNEAPOLIS
		STATE:			MN
		ZIP:			554026
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
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    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType><periodOfReport>2003-10-10</periodOfReport><notSubjectToSection16>1</notSubjectToSection16>
    <issuer>
        <issuerCik>0000724910</issuerCik>
        <issuerName>NVE CORP /NEW/</issuerName>
        <issuerTradingSymbol>NVEC</issuerTradingSymbol></issuer><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0000901837</rptOwnerCik>
            <rptOwnerName>NORWEST EQUITY PARTNERS IV LP /MN/</rptOwnerName>
        </reportingOwnerId>
<reportingOwnerAddress><rptOwnerStreet1>3600 IDS Center</rptOwnerStreet1><rptOwnerStreet2>80 South Eighth Street</rptOwnerStreet2><rptOwnerCity>Minneapolis</rptOwnerCity><rptOwnerState>MN</rptOwnerState><rptOwnerZipCode>55402</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001252790</rptOwnerCik>
            <rptOwnerName>ITASCA PARTNERS</rptOwnerName>
        </reportingOwnerId>
<reportingOwnerAddress><rptOwnerStreet1>3600 IDS Center</rptOwnerStreet1><rptOwnerStreet2>80 South Eighth Street</rptOwnerStreet2><rptOwnerCity>Minneapolis</rptOwnerCity><rptOwnerState>MN</rptOwnerState><rptOwnerZipCode>55402</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001185205</rptOwnerCik>
            <rptOwnerName>WHALEY JOHN P</rptOwnerName>
        </reportingOwnerId>
<reportingOwnerAddress><rptOwnerStreet1>c/o Norwest Equity Partners</rptOwnerStreet1><rptOwnerStreet2>3600 IDS Center, 80 South Eighth Street</rptOwnerStreet2><rptOwnerCity>Minneapolis</rptOwnerCity><rptOwnerState>MN</rptOwnerState><rptOwnerZipCode>55402</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001209711</rptOwnerCik>
            <rptOwnerName>STILL GEORGE J JR</rptOwnerName>
        </reportingOwnerId>
<reportingOwnerAddress><rptOwnerStreet1>c/o Norwest Venture Partners</rptOwnerStreet1><rptOwnerStreet2>525 University Avenue, Suite 800</rptOwnerStreet2><rptOwnerCity>Palo Alto</rptOwnerCity><rptOwnerState>CA</rptOwnerState><rptOwnerZipCode>94301</rptOwnerZipCode></reportingOwnerAddress><reportingOwnerRelationship><isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001211896</rptOwnerCik>
            <rptOwnerName>LINDAHL JOHN E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O NORWEST EQUITY PARTNERS</rptOwnerStreet1>
            <rptOwnerStreet2>3600 IDS CENTER, 80 SOUTH EIGHTH STREET</rptOwnerStreet2>
            <rptOwnerCity>MINNEAPOLIS</rptOwnerCity>
            <rptOwnerState>MN</rptOwnerState>
            <rptOwnerZipCode>55402</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
<isDirector>0</isDirector><isOfficer>0</isOfficer><isTenPercentOwner>1</isTenPercentOwner><isOther>0</isOther></reportingOwnerRelationship></reportingOwner><nonDerivativeTable><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-10-10</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F2"/></transactionCoding><transactionAmounts><transactionShares><value>1221487</value></transactionShares><transactionPricePerShare><value>35.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>D</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>0</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value><footnoteId id="F1"/></directOrIndirectOwnership><natureOfOwnership><va
lue/></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common Stock</value></securityTitle><transactionDate><value>2003-10-10</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F3"/></transactionCoding><transactionAmounts><transactionShares><value>11783</value></transactionShares><transactionPricePerShare><value>35.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>12012</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></nonDerivativeTransaction><nonDerivativeTransaction><securityTitle><value>Common 
Stock</value></securityTitle><transactionDate><value>2003-10-10</value></transactionDate><transactionCoding><transactionFormType>4</transactionFormType><transactionCode>J</transactionCode><equitySwapInvolved>0</equitySwapInvolved><footnoteId id="F4"/></transactionCoding><transactionAmounts><transactionShares><value>13568</value></transactionShares><transactionPricePerShare><value>35.50</value></transactionPricePerShare><transactionAcquiredDisposedCode><value>A</value></transactionAcquiredDisposedCode></transactionAmounts><postTransactionAmounts><sharesOwnedFollowingTransaction><value>13568</value></sharesOwnedFollowingTransaction></postTransactionAmounts><ownershipNature><directOrIndirectOwnership><value>D</value></directOrIndirectOwnership><natureOfOwnership><value/></natureOfOwnership></ownershipNature></nonDerivativeTransaction></nonDerivativeTable><footnotes><footnote id="F1">The number of securities reported herein were held directly by Norwest Equity Partners IV, a Minnesota limited partnership (&quot;
NEP IV&quot;).  NEP IV held the shares indirectly prior to its reacquisition of direct ownership of the shares through a transfer by John P. Whaley on October 10, 2003.  John P. Whaley received the shares from NEP IV on July 10, 2003, and pursuant to the terms of the stock purchase agreement, did not hold any pecuniary interest in the shares, which interest remained with NEP IV.  Itasca Partners, a Minnesota limited liability partnership (&quot;Itasca&quot;) is the general partner of NEP IV.  John E. Lindahl and George J. Still, Jr. are the managing partners and John P. Whaley is the managing administrative partner of Itasca (the &quot;Partners&quot;).  Each of the Partners may have been deemed to beneficially own such shares, but each of the Partners disclaims beneficial ownership of such shares, except to the extent of his indirect pecuniary interest therein.</footnote><footnote id="F2">On October 10, 2003, NEP IV distributed, as a pro rata partnership distribution without consideration, an aggregate of 1,
221,487 shares of NVE Corporation common stock, representing all shares of NVE Corporation common stock held by NEP IV (the &quot;Distribution&quot;).</footnote><footnote id="F3">The number of securities reported on Line 2 of Table I were received by John P. Whaley in the Distribution.  As a result of the Distribution, Mr. Whaley no longer has an indirect beneficial or pecuniary interest in the shares of NVE Corporation beneficially owned by NEP IV.</footnote><footnote id="F4">The number of securities reported on Line 3 of Table I were received by George J. Still, Jr. in the Distribution.  As a result of the Distribution, Mr. Still no longer has an indirect beneficial or pecuniary interest in the shares of NVE Corporation beneficially owned by NEP IV.</footnote></footnotes><remarks/><ownerSignature><signatureName>John P. Whaley, Managing Administrative Partner of Itasca Partners, for itself and as General Partner of Norwest Equity Partners IV, a Minnesota Limited Partnership</signatureName><signatureDate>200
3-10-15</signatureDate></ownerSignature><ownerSignature><signatureName>George J. Still, Jr., by Bobbi V. Mattos, His Attorney-In-Fact</signatureName><signatureDate>2003-10-15</signatureDate></ownerSignature><ownerSignature><signatureName>John E. Lindahl, by John P. Whaley, His Attorney-In-Fact</signatureName><signatureDate>2003-10-15</signatureDate></ownerSignature><ownerSignature><signatureName>John P. Whaley</signatureName><signatureDate>2003-10-15</signatureDate></ownerSignature></ownershipDocument>

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-----END PRIVACY-ENHANCED MESSAGE-----
