
Neco Global Ventures Private Limited
About Neco Global Ventures Private Limited
Data last updated:
Neco Global Ventures Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the wholesale trading and distribution segment of the business services sector. It was incorporated on 02 January 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2006PTC432111.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.01 Cr. It is led by directors Ramesh Jayaswal and Rita Ramesh Jayaswal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Nagpur, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.09 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹2,950 (net margin -0.3%) and EBITDA of -₹2,950 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 40% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Neco Global Ventures has one previous CIN (Corporate Identification Number): U51109WB2006PTC107007. The current CIN is U51109MH2006PTC432111, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109MH2006PTC432111 | Current |
| U51109WB2006PTC107007 | Previous |
Contact details
Neco Global Ventures Private Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressF – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016
- IndustryBusiness Services, Wholesale, Commission Agents, Contractual Work
- 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
Business activity
The main business activity of Neco Global Ventures is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Neco Global Ventures Private Limited, buy the company report.
Financials of Neco Global Ventures Private Limited
FY 2025 filings availableNeco Global Ventures Private Limited reported revenue of ₹9.09 Lakh (up 43% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 43% growth in the latest year. EBITDA fell 150% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2,950 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2,950 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.3% | ||||
| Net Profit Margin | -0.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Neco Global Ventures Private Limited, buy the company report.
Board of directors of Neco Global Ventures Private Limited
Neco Global Ventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Jayaswal Also directs: Jayaswal Neco Industries Limited, Apex Spinning Mills Pvt Ltd, The Alloy Steel Producers Association of India and 5 more | Director | 05 Mar 2010 | 16 Years 8 Months | Current |
| Rita Ramesh Jayaswal Also directs: Apex Spinning Mills Pvt Ltd, Jayaswal Neco Energy Private Limited, Parivar Food Industries Pvt Ltd and 5 more | Director | 05 Mar 2010 | 16 Years 8 Months | Current |
Peer comparison
Neco Global Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multiplus Mart Private Limited | ₹9.1 Lakh (FY 2018) | 118.0% | Surat, Gujarat, India | |||
| Seamakers Realcon Private Limited | ₹9.1 Lakh (FY 2020) | Balasore, Odisha, India | ||||
| Morvin International Private Limited | ₹9.09 Lakh (FY 2025) | -21.0% | New Delhi, Delhi, India | |||
| Maxsen Industries Private Limited | ₹9.09 Lakh (FY 2022) | Chennai, Tamil Nadu, India | ||||
| Atrica Tradex Private Limited | ₹9.09 Lakh (FY 2024) | -1.0% | Delhi, India | |||
| Neco Global Ventures Private Limitedthis company | ₹9.09 Lakh (FY 2024) | -₹2,950 | -0.3% | 43.0% | Nagpur, Maharashtra, India | |
| Silver Line Controls and Automation Technologies Private Limited | ₹9.09 Lakh (FY 2025) | -49.0% | Bangalore, Karnataka, India | |||
| Devsun Achraj Private Limited | ₹9.09 Lakh (FY 2025) | 465.0% | Delhi, India | |||
| Aerotoy Industries Private Limited | ₹9.09 Lakh (FY 2024) | 318.0% | Kodungallur, Kerala, India | |||
| Happy Home Infracon India Private Limited | ₹9.09 Lakh (FY 2022) | -28.0% | Panaji, Goa, India | |||
| Silmist Consumer Care (OPC) Private Limited | ₹9.09 Lakh (FY 2025) | -47.0% | Bhubaneswar, Odisha, India |
To see the full peer comparison of Neco Global Ventures Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neco Global Ventures Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neco Global Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Neco Global Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neco Global Ventures Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Ramesh Jayaswal ceased to be Additional Director on 30 Sep 2010.
Frequently asked questions
Neco Global Ventures is an active private limited company based in Nagpur, Maharashtra, India. The company works in wholesale, within the business services industry. It was incorporated on 02 January 2006 (20+ years old) and is registered under CIN U51109MH2006PTC432111.
Neco Global Ventures has 2 current directors:
- Ramesh Jayaswal - Director
- Rita Ramesh Jayaswal - Director
The latest financial statements of Neco Global Ventures on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Neco Global Ventures is U51109MH2006PTC432111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neco Global Ventures was incorporated on 02 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neco Global Ventures by revenue are Multiplus Mart Private Limited, Seamakers Realcon Private Limited, Morvin International Private Limited, Maxsen Industries Private Limited, Atrica Tradex Private Limited and 5 more, all in the same principal business activity (retail trading).
Ramesh Jayaswal ceased to be Additional Director on 30 Sep 2010. Rita Ramesh Jayaswal ceased to be Additional Director on 30 Sep 2010. Abhishek Manoj Kumar Jayaswal ceased to be Director on 15 Apr 2010. Neco Global Ventures has 8 board changes on record in total.
The registered office of Neco Global Ventures is at F – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016.
Neco Global Ventures operates in the business services industry, in the wholesale segment.
The compliance status of Neco Global Ventures is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.
Neco Global Ventures can be reached at its registered office: F – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016.

