About Neo Asset Management Private Limited
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Neo Asset Management Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Neo Wealth Management Private Limited. It operates in the asset management firms segment of the financial services sector. It was incorporated on 18 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U66300MH2021PTC371799. Its GSTIN is 27AAHCN9328A1ZH (Maharashtra).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹4.35 Lakh. It is led by directors including Puneet Jain (Whole-Time Director) and Suresh Chand Goyal.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.13 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net loss of ₹25.86 Cr (net margin -33.5%) and EBITDA of -₹22.5 Cr (EBITDA margin -29.2%). Revenue has grown at a compounded annual rate (CAGR) of 244% over three years.
The company has about 32 employees on its provident fund (EPFO) records.
The company is associated with 3 brands: Neo Group, Neo Wealth and Neo Asset Management.
For more details, the company can be reached via its website neoassetmanagement.com.
Company details
CIN history
Neo Asset Management has one previous CIN (Corporate Identification Number): U67100MH2021PTC371799. The current CIN is U66300MH2021PTC371799, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U66300MH2021PTC371799 | Current |
| U67100MH2021PTC371799 | Previous |
Contact details
Neo Asset Management Private Limited's registered office is in Mumbai, Maharashtra.
- Social Media
- Registered Address903 B – Wing 9th Floor Marathon Futurex Mafatlal Mills Compound N.M. Joshi Marg Lower P, Arel, Mumbai, Maharashtra, India – 400013
- IndustryFinancial Services, Asset Management Firms
- 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
Neo Asset Management operates multiple associated brands including Neo Group, Neo Wealth, and Neo Asset Management. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Neo Group is engaged in wealth and asset management services. | neo-group.in | |
| Wealth management, family office services, and investment opportunities are provided. | neo-wealth.com | |
| Provider of alternative asset management solutions focusing on credit and fixed income | neoassetmanagement.com |
Business activity
The main business activity of Neo Asset Management is financial and insurance service. In detail, this covers fund management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K6 | Fund Management Services |
To see the full business activity and turnover split of Neo Asset Management Private Limited, buy the company report.
Financials of Neo Asset Management Private Limited
FY 2025 filings availableNeo Asset Management Private Limited reported revenue of ₹77.13 Cr (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 244% over three years, including 66% growth in the latest year. EBITDA fell 911% 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 |
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| EBITDA | -₹22.5 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹25.86 Cr | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -29.2% | |||
| Net Profit Margin | -33.5% | |||
| Return on Equity (ROE) | ||||
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To see the full financial statements and ratios of Neo Asset Management Private Limited, buy the company report.
Board of directors of Neo Asset Management Private Limited
Neo Asset Management has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Chand Goyal Also directs: Poysha Power Projects Private Limited, Hibra Power Private Limited, Rugby Renergy Private Limited and 5 more | Director | 21 Dec 2021 | 4 Years 10 Months | Current |
| Puneet Jain Also directs: Neo Investment Value Advisors Private Limited | Whole-Time Director | 13 Sep 2022 | 4 Years 2 Months | Current |
| Hemant Daga Also directs: Neo Advisory and Consulting Services Private Limited | Director | 19 Apr 2022 | 4 Years 6 Months | Current |
Peer comparison
Neo Asset Management Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Asset Management), with the same principal business activity (fund management services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JM Financial Asset Management Limited | ₹89.29 Cr (FY 2017) | 4.0% | Mumbai, Maharashtra, India | |||
| Mahindra Manulife Investment Management Private Limited | ₹87.71 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| Neo Asset Management Private Limitedthis company | ₹77.13 Cr (FY 2025) | -₹25.86 Cr | -33.5% | 66.0% | Mumbai, Maharashtra, India | |
| Vivriti Asset Management Private Limited | ₹64.46 Cr (FY 2025) | 11.0% | Chennai, Tamil Nadu, India | |||
| Lic Mutual Fund Asset Management Limited | ₹54.68 Cr (FY 2019) | -9.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Neo Asset Management Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neo Asset Management 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
Neo Asset Management Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Creditcheck Partners Private Limited |
To see the full MSME payment records of Neo Asset Management Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Neo Asset Management has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCN9328A1ZH | Maharashtra | Active | 08 Feb 2022 |
To see the full GST registrations and return filing status of Neo Asset Management Private Limited, buy the company report.
Recent activity
Neo Asset Management Private Limited has 12 board changes on record since 2021: 5 appointments and 7 cessations. The latest: Hemant Daga ceased to be Additional Director on 06 Oct 2022.
3 earlier events are in the company report.
News
Frequently asked questions
Neo Asset Management is an active private limited company based in Mumbai, Maharashtra, India. The company works in asset management firms, within the financial services industry. It was incorporated on 18 November 2021 (5+ years old) and is registered under CIN U66300MH2021PTC371799.
Neo Asset Management has 3 current directors:
- Puneet Jain - Whole-Time Director
- Suresh Chand Goyal - Director
- Hemant Daga - Director
The latest financial statements of Neo Asset Management on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Neo Asset Management is 27AAHCN9328A1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neo Asset Management is U66300MH2021PTC371799. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Asset Management was incorporated on 18 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neo Asset Management by revenue are JM Financial Asset Management Limited, Mahindra Manulife Investment Management Private Limited, Vivriti Asset Management Private Limited, Lic Mutual Fund Asset Management Limited, all in the BFSI industry (Asset Management), with the same principal business activity (fund management services).
Hemant Daga ceased to be Additional Director on 06 Oct 2022. Nitin Jain ceased to be Additional Director on 06 Oct 2022. Puneet Jain ceased to be Additional Director on 06 Oct 2022. Neo Asset Management has 12 board changes on record in total.
Neo Asset Management has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 4 overdue payments to 2 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Neo Asset Management can be reached through the website neoassetmanagement.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Neo Asset Management is at 903 B – Wing 9th Floor Marathon Futurex Mafatlal Mills Compound N.M. Joshi Marg Lower P, Arel, Mumbai, Maharashtra, India – 400013.
Neo Asset Management operates in the financial services industry, in the asset management firms segment.
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