Neo Surface Technology (India) Private Limited
About Neo Surface Technology (India) Private Limited
Data last updated:
Neo Surface Technology (India) Private Limited is a private limited company based in Bellary, Karnataka, India, a subsidiary of Neo Industries Mauritius Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 21 May 2010.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U28996KA2010PTC053729. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹11 Lakh and a paid-up capital of ₹10.15 Lakh. It is led by directors including Mark Edward Turner and Mathew Joseph.
Its last annual general meeting (AGM) was held on 27 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at 151 & 152 KIADB III Phase Mundargi Industrial Estate, Bellary, Karnataka, India – 583101.
As per the financials filed for FY 2018, the company reported a revenue of ₹12,357, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr and EBITDA of -₹97.9 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 81% over three years.
Company details
Contact details
Neo Surface Technology (India) Private Limited's registered office is in Bellary, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address151 & 152 KIADB III Phase Mundargi Industrial Estate, Bellary, Karnataka, India – 583101
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Neo Surface Technology (India) 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
Business activity
The main business activity of Neo Surface Technology (India) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
Financials of Neo Surface Technology (India) Private Limited
FY 2018 filings availableNeo Surface Technology (India) Private Limited reported revenue of ₹12,357 (down 97% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over three years, including a 97% fall 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
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| EBITDA | -₹97.9 Lakh | |||
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| Net Profit (PAT) | -₹1.1 Cr | |||
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Financial Ratios
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To see the full financial statements and ratios of Neo Surface Technology (India) Private Limited, buy the company report.
Board of directors of Neo Surface Technology (India) Private Limited
Neo Surface Technology (India) has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mark Edward Turner | Director | 01 Sep 2010 | 16 Years 1 Months | As last reported |
| Mathew Joseph | Director | 15 Mar 2011 | 15 Years 7 Months | As last reported |
| Michal Fedor Also directs: Neo Industries Metal Processing Private Limited | Director | 25 Jan 2017 | 9 Years 9 Months | As last reported |
| Nagaraja Devoji Rao Also directs: Triboclad Surface Coating Private Limited, Triathlon Solutions LLP, NCM Engineering Private Limited and 4 more | Director | 21 May 2010 | 16 Years 5 Months | As last reported |
Auditor
Neo Surface Technology (India) Private Limited is audited by E R S KUMAR & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| E R S KUMAR & ASSOCIATES | FY 2017 | 006797S |
Shareholding
The shareholding of Neo Surface Technology (India) Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neo Surface Technology (India) Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neo Surface Technology (India) 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 Neo Surface Technology (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neo Surface Technology (India) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Neo Surface Technology (India) Private Limited, buy the company report.
Recent activity
Neo Surface Technology (India) Private Limited has 9 board changes on record since 2010: 4 appointments and 5 cessations. The latest: Michal Fedor ceased to be Additional Director on 27 Sep 2017.
Frequently asked questions
Neo Surface Technology (India) is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Neo Surface Technology (India) is a company under liquidation, formerly operating as a private limited company based in Bellary, Karnataka, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 21 May 2010 and is registered under CIN U28996KA2010PTC053729. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Neo Surface Technology (India) has 4 current directors:
- Mark Edward Turner - Director
- Mathew Joseph - Director
- Michal Fedor - Director
- Nagaraja Devoji Rao - Director
The latest financial statements of Neo Surface Technology (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 27 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Neo Surface Technology (India) is U28996KA2010PTC053729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Surface Technology (India) was incorporated on 21 May 2010. It is registered with the Registrar of Companies, Bangalore.
Michal Fedor ceased to be Additional Director on 27 Sep 2017. Kevin John Shudy ceased to be Director on 31 Jan 2017. Kevin Patrick Walsh ceased to be Director on 31 Jan 2017. Neo Surface Technology (India) has 9 board changes on record in total.
The registered office of Neo Surface Technology (India) is at 151 & 152 KIADB III Phase Mundargi Industrial Estate, Bellary, Karnataka, India – 583101.
No. Neo Surface Technology (India) has 1 GST registration on record and it is cancelled or inactive.
Neo Surface Technology (India) operates in the engineering industry, in the metal foundry and fabrication services segment.