- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0087867

About Neonest Medical Systems Private Limited
Data last updated:
Neonest Medical Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 27 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33125KA2013PTC072734. Its GSTIN is 29AACCL6212C2ZU (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Lullaby Medical Systems Private Limited. It is led by directors Dhashnamurthy Vijayakumar and Girish Nagaraju.
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 No. 78 10th Cross Maruthinagar Prasanna Layout Herohalli Cross, Bangalore, Karnataka, India – 560091.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.9 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹3.49 Lakh (net margin 1.8%) and EBITDA of ₹7.38 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 140% over five years.
The company is associated with 1 brand: Neonest Medical Systems.
Neonest Medical Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0087867). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neonestmed.com.
Company details
Recognitions & Rankings of Neonest Medical Systems
Contact details
Neonest Medical Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is neonestmed.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 78 10th Cross Maruthinagar Prasanna Layout Herohalli Cross, Bangalore, Karnataka, India – 560091
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Neonest Medical Systems 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
Neonest Medical Systems operates one associated brand: Neonest Medical Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Neonatal care equipment, including incubators and warmers, is supplied by the company based in India. | neonestmed.com |
Business activity
The main business activity of Neonest Medical Systems is manufacturing. In detail, this covers manufacture of basic pharmaceutical products and pharmaceutical preparations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 21 | Manufacture of basic pharmaceutical products and pharmaceutical preparations |
To see the full business activity and turnover split of Neonest Medical Systems Private Limited, buy the company report.
Financials of Neonest Medical Systems Private Limited
FY 2025 filings availableNeonest Medical Systems Private Limited reported revenue of ₹1.9 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 140% over five years, including 3% growth in the latest year. EBITDA fell 8% 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 |
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| EBITDA | ₹7.38 Lakh | ||||
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| Net Profit (PAT) | ₹3.49 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 3.9% | ||||
| Net Profit Margin | 1.8% | ||||
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To see the full financial statements and ratios of Neonest Medical Systems Private Limited, buy the company report.
Board of directors of Neonest Medical Systems Private Limited
Neonest Medical Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhashnamurthy Vijayakumar | Director | 27 Dec 2013 | 12 Years 10 Months | Current |
| Girish Nagaraju | Director | 27 Dec 2013 | 12 Years 10 Months | Current |
Auditor
Neonest Medical Systems Private Limited is audited by LINGA RAJU & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LINGA RAJU & CO | FY 2019 | 007924S |
Shareholding
The shareholding of Neonest Medical Systems Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Neonest Medical Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neonest Medical Systems 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 Neonest Medical Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neonest Medical Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL6212C2ZU | Karnataka | Active | 30 May 2019 |
To see the full GST registrations and return filing status of Neonest Medical Systems Private Limited, buy the company report.
Recent activity
Neonest Medical Systems Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Rajamohan Prabhavathy ceased to be Additional Director on 01 Sep 2022.
Frequently asked questions
Neonest Medical Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 27 December 2013 (13+ years old) and is registered under CIN U33125KA2013PTC072734.
Neonest Medical Systems has 2 current directors:
- Dhashnamurthy Vijayakumar - Director
- Girish Nagaraju - Director
The latest financial statements of Neonest Medical Systems 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 Neonest Medical Systems is 29AACCL6212C2ZU, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Neonest Medical Systems is U33125KA2013PTC072734. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neonest Medical Systems was incorporated on 27 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Rajamohan Prabhavathy ceased to be Additional Director on 01 Sep 2022. Santhosh Kumar Raja Mohan ceased to be Additional Director on 01 Sep 2022. Dhashnamurthy Vijayakumar was appointed as Director on 27 Dec 2013. Neonest Medical Systems has 4 board changes on record in total.
Yes, Neonest Medical Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0087867).
Neonest Medical Systems can be reached through the website neonestmed.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Neonest Medical Systems is at No. 78 10th Cross Maruthinagar Prasanna Layout Herohalli Cross, Bangalore, Karnataka, India – 560091.

