Neoprosper Trade Private Limited
About Neoprosper Trade Private Limited
Data last updated:
Neoprosper Trade Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 10 December 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U46101KA2013PTC072441. Its GSTIN is 29AADCI4170K1ZB (Karnataka). The company holds 3 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 I-Apple Shoe Mart Private Limited. It is led by directors Kusumitha Ramachandraiah and Nisarga Ramachandraiah.
Its last annual general meeting (AGM) was held on 29 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 23/1 Sunkalpet Main Road Opp Sln Tiffen Rooms, Cubbonpet Bangalore 560002 Karnataka India, Karnataka, India – 560002.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.68 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net profit of ₹14,850 (net margin 5.5%) and EBITDA of ₹14,850 (EBITDA margin 5.5%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 57% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Neoprosper Trade has undergone 2 name changes throughout its history. The company was previously known as I-Apple Shoe Mart Private Limited, and Neoprosper Trade Private Limited. The current legal name is Neoprosper Trade Private Limited.
| Company Name | Status |
|---|---|
| Neoprosper Trade Private Limited | Current |
| I-Apple Shoe Mart Private Limited | Previous |
CIN history
Neoprosper Trade has one previous CIN (Corporate Identification Number): U19201KA2013PTC072441. The current CIN is U46101KA2013PTC072441, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46101KA2013PTC072441 | Current |
| U19201KA2013PTC072441 | Previous |
Contact details
Neoprosper Trade Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressNo 23/1 Sunkalpet Main Road Opp Sln Tiffen Rooms, Cubbonpet Bangalore 560002 Karnataka India, Karnataka, India – 560002
- IndustryTrading, Retail Trading, Retailers
- 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 Neoprosper Trade is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Neoprosper Trade Private Limited, buy the company report.
Financials of Neoprosper Trade Private Limited
FY 2025 filings availableNeoprosper Trade Private Limited reported revenue of ₹2.68 Lakh (down 89% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 89% fall in the latest year. EBITDA fell 77% 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 | ₹14,850 | ||||
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| Net Profit (PAT) | ₹14,850 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.5% | ||||
| Net Profit Margin | 5.5% | ||||
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To see the full financial statements and ratios of Neoprosper Trade Private Limited, buy the company report.
Board of directors of Neoprosper Trade Private Limited
Neoprosper Trade has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kusumitha Ramachandraiah | Additional Director | 05 Jan 2026 | 0 Years 9 Months | Current |
| Nisarga Ramachandraiah Also directs: Riventa Ventures (OPC) Private Limited | Additional Director | 05 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Neoprosper Trade Private Limited is compared with the 3 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akpj Garments Private Limited | ₹2.73 Lakh (FY 2024) | -84.0% | Greater Noida, Uttar Pradesh, India | |||
| Ith Exports Private Limited | ₹2.72 Lakh (FY 2021) | -85.0% | Indore, Madhya Pradesh, India | |||
| Neoprosper Trade Private Limitedthis company | ₹2.68 Lakh (FY 2024) | ₹14,850 | 5.5% | -89.0% | Bangalore, Karnataka, India | |
| RPL Garments Private Limited | ₹2.66 Lakh (FY 2025) | 25.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Neoprosper Trade Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neoprosper Trade 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 Neoprosper Trade Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neoprosper Trade has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI4170K1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neoprosper Trade Private Limited, buy the company report.
Recent activity
Neoprosper Trade Private Limited has 9 board changes on record since 2015: 4 appointments and 5 cessations. The latest: Kusumitha Ramachandraiah was appointed as Additional Director on 05 Jan 2026.
Frequently asked questions
Neoprosper Trade is an active private limited company based in Bangalore, Karnataka, India. The company works in retail trading, within the trading industry. It was incorporated on 10 December 2013 (13+ years old) and is registered under CIN U46101KA2013PTC072441.
Neoprosper Trade has 2 current directors:
- Kusumitha Ramachandraiah - Additional Director
- Nisarga Ramachandraiah - Additional Director
The latest financial statements of Neoprosper Trade on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neoprosper Trade is 29AADCI4170K1ZB, 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 Neoprosper Trade is U46101KA2013PTC072441. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neoprosper Trade was incorporated on 10 December 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neoprosper Trade by revenue are Akpj Garments Private Limited, Ith Exports Private Limited, RPL Garments Private Limited, all in the Apparel industry (Apparel Retail and Distribution, Footwear Retail and Distribution), with the same principal business activity (retail trading).
Kusumitha Ramachandraiah was appointed as Additional Director on 05 Jan 2026. Nisarga Ramachandraiah was appointed as Additional Director on 05 Jan 2026. Kiran Ananthanathan Bagepalli ceased to be Additional Director on 29 Sep 2015. Neoprosper Trade has 9 board changes on record in total.
The registered office of Neoprosper Trade is at No 231 Sunkalpet Main Road Opp Sln Tiffen Rooms, Cubbonpet Bangalore 560002 Karnataka India, Karnataka, India – 560002.
Neoprosper Trade operates in the trading industry, in the retail trading segment.
The compliance status of Neoprosper Trade is compliant as of 06 September 2026. The company is actively filing with the Registrar of Companies.