Neunets Technology Private Limited

Neunets Technology Private Limited - information technology in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TZ2016PTC028263 Incorporated 19 December 2016 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2023
₹1.39 Lakh
▼ 79% YoY
Net loss · FY 2023
₹4.59 Lakh
Net margin -329.6%
EBITDA · FY 2023
-₹4.42 Lakh
EBITDA margin -317.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Neunets Technology Private Limited

Data last updated:

Neunets Technology Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2016PTC028263. Its GSTIN is 33AAFCN4755K1Z8 (Tamil Nadu).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Kulasekaran and Gajalakshmi Kothandam.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 2/173 Kumudam Nagar Vilankurichi Road, Coimbatore, Tamil Nadu, India – 641035.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.39 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹4.59 Lakh (net margin -329.6%) and EBITDA of -₹4.42 Lakh (EBITDA margin -317.1%).

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Neunets Technology Private Limited
CIN U72900TZ2016PTC028263
Registration Number 028263
Incorporation Date 19 December 2016
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    No 2/173 Kumudam Nagar Vilankurichi Road, Coimbatore, Tamil Nadu, India – 641035
  • Industry
    Information Technology, Application Development & Software Solutions
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Financials, compliance, directors, charges, ownership and filings for Neunets Technology Private Limited in one report.

Financials from FY 2017 Directors & ownership Charges & compliance

Business Activity of Neunets Technology Private Limited

The main business activity of Neunets Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Neunets Technology Private Limited FY 2023 filings available

Neunets Technology Private Limited reported revenue of ₹1.39 Lakh (down 79% YoY) for FY 2023.

Revenue · FY 2023
₹1.39 Lakh ▼ 79%
Net loss · FY 2023
₹4.59 Lakh margin -329.6%
EBITDA · FY 2023
-₹4.42 Lakh margin -317.1%

Compounded Annual Growth Rate (CAGR) of Neunets Technology Private Limited

Revenue CAGR growth
1 year
▼ 79%
EBITDA CAGR growth
3 years · compounded
▼ 40%
5 years · compounded
▼ 53%

Revenue fell 79% 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 of Neunets Technology Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹4.42 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹4.59 Lakh••••••••••••••••
Balance Sheet
Share Capital••••••••••••••••••••
Reserves and Surplus••••••••••••••••••••
Net Worth (Total Equity)••••••••••••••••••••
Long-term Borrowings••••••••••••••••••••
Short-term Borrowings••••••••••••••••••••
Trade Payables••••••••••••••••••••
Total Liabilities••••••••••••••••••••
Fixed Assets••••••••••••••••••••
Investments••••••••••••••••••••
Inventories••••••••••••••••••••
Trade Receivables••••••••••••••••••••
Cash and Bank Balance••••••••••••••••••••
Total Assets••••••••••••••••••••

Financial Ratios of Neunets Technology Private Limited

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin-317.1%••••••••••••••••
Net Profit Margin-329.6%••••••••••••••••
Return on Equity (ROE)••••••••••••••••••••
Return on Capital Employed (ROCE)••••••••••••••••••••
Return on Assets (ROA)••••••••••••••••••••
Liquidity and Debt
Current Ratio••••••••••••••••••••
Quick Ratio••••••••••••••••••••
Debt-to-Equity Ratio••••••••••••••••••••
Interest Coverage Ratio••••••••••••••••••••
Efficiency and Growth
Asset Turnover••••••••••••••••••••
Receivable Days••••••••••••••••••••
Payable Days••••••••••••••••••••
Inventory Days••••••••••••••••••••
Revenue Growth••••••••••••••••••••
Net Profit Growth••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Neunets Technology are in the company report.

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Financial statements from FY 2017

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Peer Comparison of Neunets Technology Private Limited

Neunets Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Unacreators Private Limited₹1.4 Lakh (FY 2025)••••••••10.0%••••Bhilwara, Rajasthan, India
Mahanaim Enterprises Private Limited₹1.4 Lakh (FY 2020)••••••••••••Gurgaon, Haryana, India
Advaita Systems Private Limited₹1.4 Lakh (FY 2025)••••••••6.0%••••Pune, Maharashtra, India
Renuka Technologies Private Limited₹1.4 Lakh (FY 2024)••••••••-61.0%••••Nagpur, Maharashtra, India
Locusalpha Infotech Private Limited₹1.39 Lakh (FY 2022)••••••••-84.0%••••Hyderabad, Telangana, India
Neunets Technology Private Limited this company₹1.39 Lakh (FY 2023)••••••••-79.0%••••Coimbatore, Tamil Nadu, India
Canatme Technologies Private Limited₹1.39 Lakh (FY 2024)••••••••-57.0%••••Chandigarh, India
Latur Online Limited₹1.39 Lakh (FY 2023)••••••••••••Pune, Maharashtra, India
Mckarcher Digital Services Private Limited₹1.39 Lakh (FY 2025)••••••••-87.0%••••Salcete, Goa, India
TW Tech Solutions Private Limited₹1.39 Lakh (FY 2024)••••••••••••Mysore, Karnataka, India
Key Exploration Labs Private Limited₹1.39 Lakh (FY 2024)••••••••92.0%••••Aallahabad, Uttar Pradesh, India

Peers are the five companies nearest above and the five nearest below Neunets Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Neunets Technology Private Limited

Neunets Technology Private Limited is audited by MAHESH AND NAGARAJ CHARETERD ACCOUNTANTS for the financial year 2017.

NameStatusAppointment DateCessation Date
MAHESH AND NAGARAJ CHARETERD ACCOUNTANTSLockedLockedLocked
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Board of Directors of Neunets Technology Private Limited

Neunets Technology has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Arun KulasekaranDirector19 Dec 20169 Years 9 MonthsCurrent
Gajalakshmi KothandamDirector19 Dec 20169 Years 9 MonthsCurrent

Ownership and Shareholding of Neunets Technology Private Limited

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Charges & Borrowings of Neunets Technology Private Limited

Neunets Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Employees and EPFO Compliance at Neunets Technology Private Limited

Employment history and EPFO contributions of people linked to Neunets Technology.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Neunets Technology Private Limited

Neunets Technology Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Arun Kulasekaran was appointed as Director on 19 Dec 2016.

AGM
Neunets Technology Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Neunets Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
Appointed
Arun Kulasekaran was appointed as Director.
Appointed
Gajalakshmi Kothandam was appointed as Director.
Incorporation
19 Dec 2016
Neunets Technology Private Limited was registered on 19 Dec 2016 with Roc Coimbatore & aged 9 years 9 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Neunets Technology Private Limited

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MSME Payment Delays by Neunets Technology Private Limited

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Subsidiaries & Group Companies of Neunets Technology Private Limited

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GST Compliance of Neunets Technology Private Limited

Neunets Technology has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAFCN4755K1Z8Tamil NaduActive01 Jul 2017
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MCA Filings & Documents of Neunets Technology Private Limited

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Frequently Asked Questions about Neunets Technology Private Limited

Neunets Technology is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 2016 (10+ years old) and is registered under CIN U72900TZ2016PTC028263.

Neunets Technology reported revenue of ₹1.39 Lakh for FY 2023 (down 79% YoY).

Neunets Technology has 2 current directors:

Neunets Technology reported a net loss of ₹4.59 Lakh (net margin -329.6%) and EBITDA of -₹4.42 Lakh (EBITDA margin -317.1%) for FY 2023, as per its filed financial statements.

The GSTIN of Neunets Technology is 33AAFCN4755K1Z8, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Neunets Technology is U72900TZ2016PTC028263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neunets Technology was incorporated on 19 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of Neunets Technology by revenue are Unacreators Private Limited, Mahanaim Enterprises Private Limited, Advaita Systems Private Limited, Renuka Technologies Private Limited, Locusalpha Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).

Arun Kulasekaran was appointed as Director on 19 Dec 2016. Gajalakshmi Kothandam was appointed as Director on 19 Dec 2016.

Yes, Neunets Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Neunets Technology is at No 2173 Kumudam Nagar Vilankurichi Road, Coimbatore, Tamil Nadu, India – 641035.

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