About Neilmed Devices Private Limited
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Neilmed Devices Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Neilmed Pharmaceutical Pte. Ltd.. It operates in the business process outsourcing sector. It was incorporated on 30 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33119KA2007PTC043742. Its GSTIN is 29AACCN5929N3ZQ (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Nina Mehta and Rekha Upendra.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.88 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹87.63 Lakh (net margin 7.4%) and EBITDA of ₹1.59 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 21% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NeilMed.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neilmed.com.
Company details
Contact details
Neilmed Devices Private Limited's registered office is in Bangalore, Karnataka. Its website is neilmed.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Apps
- Registered Address12 Thfloor B – Wing Trifectaadatto 66/267/1 Itplmainroad Garudacharpalya Mahadev, Apura Post, Bangalore, Karnataka, India – 560048
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Neilmed Devices Private Limited, buy the company report.
- 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
Brands
Neilmed Devices operates one associated brand: NeilMed. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures nasal irrigation systems for sinus and allergy relief worldwide. | neilmed.com |
Business activity
The main business activity of Neilmed Devices is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Neilmed Devices Private Limited, buy the company report.
Financials of Neilmed Devices Private Limited
FY 2025 filings availableNeilmed Devices Private Limited reported revenue of ₹11.88 Cr (up 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 29% growth in the latest year. EBITDA rose 34% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.59 Cr | ||||
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| Net Profit (PAT) | ₹87.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Neilmed Devices Private Limited, buy the company report.
Board of directors of Neilmed Devices Private Limited
Neilmed Devices has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nina Mehta | Director | 04 Jun 2019 | 7 Years 4 Months | Current |
| Rekha Upendra | Director | 04 Jan 2023 | 3 Years 9 Months | Current |
| Ketan Chandrakant Mehta | Director | 29 Aug 2019 | 7 Years 1 Months | Current |
Auditor
Neilmed Devices Private Limited is audited by MAHESH SAVANTH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAHESH SAVANTH & ASSOCIATES | FY 2021 | 012547S |
Shareholding
The shareholding of Neilmed Devices Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
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| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Neilmed Devices Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neilmed Devices 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 Neilmed Devices Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neilmed Devices Private Limited has a workforce of 63 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
GST
Neilmed Devices has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN5929N3ZQ | Karnataka | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Neilmed Devices Private Limited, buy the company report.
Recent activity
Neilmed Devices Private Limited has 8 board changes on record since 2007: 4 appointments and 4 cessations. The latest: Rekha Upendra was appointed as Director on 04 Jan 2023.
Frequently asked questions
Neilmed Devices is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 30 August 2007 (19+ years old) and is registered under CIN U33119KA2007PTC043742.
Neilmed Devices has 3 current directors:
- Nina Mehta - Director
- Rekha Upendra - Director
- Ketan Chandrakant Mehta - Director
The latest financial statements of Neilmed Devices 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 GSTIN of Neilmed Devices is 29AACCN5929N3ZQ, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Neilmed Devices is U33119KA2007PTC043742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neilmed Devices was incorporated on 30 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Rekha Upendra was appointed as Director on 04 Jan 2023. Rekha Upendra ceased to be Director on 14 Oct 2019. Ketan Chandrakant Mehta was appointed as Director on 29 Aug 2019. Neilmed Devices has 8 board changes on record in total.
Neilmed Devices can be reached through the website neilmed.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Neilmed Devices is at 12 Thfloor B – Wing Trifectaadatto 662671 Itplmainroad Garudacharpalya Mahadev, Apura Post, Bangalore, Karnataka, India – 560048.
Neilmed Devices operates in the business outsourcing industry, in the business process outsourcing segment.