Neva Innovation Labs Private Limited
About Neva Innovation Labs Private Limited
Data last updated:
Neva Innovation Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT services segment of the services sector. It was incorporated on 06 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74130KA2010PTC056137. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Neva Marketing Services Private Limited. It is led by directors Sumit Rishi and Sajala Nair.
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 No 611 1st Main Road Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.75 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹4.16 Lakh (net margin -24.8%) and EBITDA of -₹1.79 Lakh (EBITDA margin -10.7%). Revenue has declined at a compounded annual rate (CAGR) of 54% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Neva Innovation Labs Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo 611 1st Main Road Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryService, Information Technology Services
To see the full contact details of Neva Innovation Labs 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 Neva Innovation Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Neva Innovation Labs Private Limited, buy the company report.
Financials of Neva Innovation Labs Private Limited
FY 2024 filings availableNeva Innovation Labs Private Limited reported revenue of ₹16.75 Lakh (down 64% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 54% over five years, including a 64% fall in the latest year. EBITDA rose 12% 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 | -₹1.79 Lakh | ||||
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| Net Profit (PAT) | -₹4.16 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 | -10.7% | ||||
| Net Profit Margin | -24.8% | ||||
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To see the full financial statements and ratios of Neva Innovation Labs Private Limited, buy the company report.
Board of directors of Neva Innovation Labs Private Limited
Neva Innovation Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Rishi | Director | 06 Dec 2010 | 15 Years 11 Months | Current |
| Sajala Nair | Additional Director | 30 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Neva Innovation Labs Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elitech Systems Private Limited | ₹16.76 Lakh (FY 2025) | -33.0% | Ahmedabad, Gujarat, India | |||
| Mfinityfx Financial Technologies Private Limited | ₹16.75 Lakh (FY 2021) | Mumbai, Maharashtra, India | ||||
| Green Story Private Limited | ₹16.75 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Srichid Technologies Private Limited | ₹16.75 Lakh (FY 2024) | -21.0% | Bangalore, Karnataka, India | |||
| Neva Innovation Labs Private Limitedthis company | ₹16.75 Lakh (FY 2024) | -₹4.16 Lakh | -24.8% | -64.0% | 3 | Bangalore, Karnataka, India |
| Divihn Soft Systems Private Limited | ₹16.74 Lakh (FY 2022) | -85.0% | Chennai, Tamil Nadu, India | |||
| Sri Kaalika Technologies Private Limited | ₹16.73 Lakh (FY 2025) | -39.0% | Hyderabad, Telangana, India | |||
| Devpath Technologies Private Limited | ₹16.72 Lakh (FY 2020) | Bangalore, Karnataka, India | ||||
| Teqweber Private Limited | ₹16.72 Lakh (FY 2025) | 187.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Neva Innovation Labs Private Limited, buy the company report.
Shareholding
The shareholding of Neva Innovation Labs 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 Neva Innovation Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Neva Innovation Labs 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 Neva Innovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neva Innovation Labs Private Limited has a workforce of 3 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Neva Innovation Labs 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 Neva Innovation Labs Private Limited, buy the company report.
Recent activity
Neva Innovation Labs Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Sunija Rishi ceased to be Director on 31 Oct 2023.
Frequently asked questions
Neva Innovation Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in information technology services, within the service industry. It was incorporated on 06 December 2010 (16+ years old) and is registered under CIN U74130KA2010PTC056137.
Neva Innovation Labs has 2 current directors:
- Sumit Rishi - Director
- Sajala Nair - Additional Director
The latest financial statements of Neva Innovation Labs 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 2015 are in the company report.
No. Neva Innovation Labs has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Neva Innovation Labs is U74130KA2010PTC056137. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neva Innovation Labs was incorporated on 06 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neva Innovation Labs by revenue are Elitech Systems Private Limited, Mfinityfx Financial Technologies Private Limited, Green Story Private Limited, Srichid Technologies Private Limited, Divihn Soft Systems Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).
Sunija Rishi ceased to be Director on 31 Oct 2023. Sajala Nair was appointed as Additional Director on 30 Oct 2023. Sumit Rishi was appointed as Director on 06 Dec 2010.
The registered office of Neva Innovation Labs is at No 611 1st Main Road Sector 6 Hsr Layout, Bangalore, Karnataka, India – 560102.
Neva Innovation Labs operates in the service industry, in the information technology services segment.
The compliance status of Neva Innovation Labs is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.
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