Neomile Asset Managers Private Limited
About Neomile Asset Managers Private Limited
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Neomile Asset Managers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Neomile Corporate Advisory Limited. It operates in the asset management firms segment of the financial services sector. It was incorporated on 24 May 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U67100MH2022PTC383216. Its GSTIN is 27AAICN2648C1ZJ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹11.96 Lakh. It is led by directors including Tatsat Mandar Mehta and Rashes Chandrakant Shah.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 12th Flr 1215 B & C Wing C66 G Block One BKC Opp Bank Of Baroda Bandra E, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.43 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹61.73 Lakh (net margin -43.3%) and EBITDA of -₹48.5 Lakh (EBITDA margin -34%).
Company details
Contact details
Neomile Asset Managers Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address12th Flr 1215 B & C Wing C66 G Block One BKC Opp Bank Of Baroda Bandra E, Mumbai, Maharashtra, India – 400051
- IndustryFinancial Services, Asset Management Firms
To see the full contact details of Neomile Asset Managers 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 Neomile Asset Managers is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Neomile Asset Managers Private Limited, buy the company report.
Financials of Neomile Asset Managers Private Limited
FY 2024 filings availableNeomile Asset Managers Private Limited reported revenue of ₹1.43 Cr (down 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 21% in the latest year. EBITDA fell 139% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | -₹48.5 Lakh | ||
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| Tax Expense | |||
| Net Profit (PAT) | -₹61.73 Lakh | ||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Profitability | |||
| EBITDA Margin | -34% | ||
| Net Profit Margin | -43.3% | ||
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To see the full financial statements and ratios of Neomile Asset Managers Private Limited, buy the company report.
Board of directors of Neomile Asset Managers Private Limited
Neomile Asset Managers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tatsat Mandar Mehta | Director | 24 May 2022 | 4 Years 5 Months | Current |
| Rashes Chandrakant Shah | Director | 20 Jul 2022 | 4 Years 3 Months | Current |
| Kirtan Maneklal Rupareliya | Director | 24 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Neomile Asset Managers 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 (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VSK Financial Consultancy Services P Ltd | ₹1.7 Cr (FY 2025) | 21.0% | Mumbai, Maharashtra, India | |||
| Sumex Wealth Private Limited | ₹1.62 Cr (FY 2025) | 28.0% | Mumbai, Maharashtra, India | |||
| Neomile Asset Managers Private Limitedthis company | ₹1.43 Cr (FY 2025) | -₹61.73 Lakh | -43.3% | -21.0% | Mumbai, Maharashtra, India | |
| Dhanvruksh Assets Private Limited | ₹1.35 Cr (FY 2024) | 38.0% | Ahmedabad, Gujarat, India | |||
| Truemind Investment Adviser Private Limited | ₹1.33 Cr (FY 2025) | 97.0% | Delhi, India |
To see the full peer comparison of Neomile Asset Managers Private Limited, buy the company report.
Auditor
Neomile Asset Managers Private Limited is audited by KANU DOSHI ASSOCIATES LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KANU DOSHI ASSOCIATES LLP | FY 2024 | 104746W/W100096 |
Shareholding
The shareholding of Neomile Asset Managers Private Limited is on record for 2 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neomile Asset Managers Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neomile Asset Managers 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 Neomile Asset Managers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neomile Asset Managers Private Limited has 1 active EPFO establishment as of Feb 03, 2025.
GST
Neomile Asset Managers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICN2648C1ZJ | Maharashtra | Active | 19 Oct 2022 |
To see the full GST registrations and return filing status of Neomile Asset Managers Private Limited, buy the company report.
Recent activity
Neomile Asset Managers Private Limited has 4 board changes on record since 2022: 3 appointments and 1 cessation. The latest: Rashes Chandrakant Shah ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Neomile Asset Managers 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 24 May 2022 (4+ years old) and is registered under CIN U67100MH2022PTC383216.
Neomile Asset Managers has 3 current directors:
- Tatsat Mandar Mehta - Director
- Rashes Chandrakant Shah - Director
- Kirtan Maneklal Rupareliya - Director
The latest financial statements of Neomile Asset Managers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Neomile Asset Managers is 27AAICN2648C1ZJ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neomile Asset Managers is U67100MH2022PTC383216. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neomile Asset Managers was incorporated on 24 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neomile Asset Managers by revenue are VSK Financial Consultancy Services P Ltd, Sumex Wealth Private Limited, Dhanvruksh Assets Private Limited, Truemind Investment Adviser Private Limited, all in the BFSI industry (Asset Management), with the same principal business activity (financial advisory, brokerage and consultancy services).
Rashes Chandrakant Shah ceased to be Additional Director on 29 Sep 2023. Rashes Chandrakant Shah was appointed as Director on 20 Jul 2022. Kirtan Maneklal Rupareliya was appointed as Director on 24 May 2022. Neomile Asset Managers has 4 board changes on record in total.
The registered office of Neomile Asset Managers is at 12th Flr 1215 B & C Wing C66 G Block One BKC Opp Bank Of Baroda Bandra E, Mumbai, Maharashtra, India – 400051.
Neomile Asset Managers operates in the financial services industry, in the asset management firms segment.
Neomile Asset Managers can be reached at its registered office: 12th Flr 1215 B & C Wing C66 G Block One BKC Opp Bank Of Baroda Bandra E, Mumbai, Maharashtra, India – 400051.