MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-24-0002950
Praved Neo Tech Private Limited - trading in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.92 Cr
▲ 373% YoY
Net profit · FY 2024
₹4.89 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹15.9 Lakh
EBITDA margin 4.1%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹21 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Praved Neo Tech Private Limited
Data last updated:
Praved Neo Tech Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 31 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2017PTC117856. Its GSTIN is 33AAJCP3433G1ZM (Tamil Nadu).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors including Namita Fomra (Managing Director) and Udhav Das Fomra (Whole-Time Director).
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. 6/16 Mettu Street Sundarasozhavaram Ayapakkam, Chennai, Tamil Nadu, India – 600077.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.92 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.89 Lakh (net margin 1.2%) and EBITDA of ₹15.9 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 14% over five years.
Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
Praved Neo Tech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-24-0002950). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neotechcpl.com.
Company details
CIN U72900TN2017PTC117856
Registration Number 117856
Incorporation Date 31 July 2017
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-24-0002950
Key People
Namita Fomra Managing Director Udhav Das Fomra Whole-Time Director Kannan Bakthavachalu Whole-Time Director Recognitions & Rankings of Praved Neo Tech
Contact details
Praved Neo Tech Private Limited's registered office is in Chennai, Tamil Nadu. Its website is neotechcpl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 6/16 Mettu Street Sundarasozhavaram Ayapakkam, Chennai, Tamil Nadu, India – 600077
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Praved Neo Tech Private Limited, buy the company report.
Comprehensive company report
Praved Neo Tech Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Praved Neo Tech is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Praved Neo Tech Private Limited, buy the company report.
Financials of Praved Neo Tech Private Limited
FY 2024 filings availablePraved Neo Tech Private Limited reported revenue of ₹3.92 Cr (up 373% YoY) for FY 2024.
Revenue · FY 2024
₹3.92 Cr ▲ 373%
Net profit · FY 2024
₹4.89 Lakh margin 1.2%
EBITDA · FY 2024
₹15.9 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 373%
3 years · compounded
▲ 33%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 13%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 373% growth in the latest year. EBITDA rose 7% 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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| Total Expenses | |||||
| EBITDA | ₹15.9 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.89 Lakh | ||||
| Balance Sheet | |||||
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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 | 4.1% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Praved Neo Tech Private Limited, buy the company report.
Board of directors of Praved Neo Tech Private Limited
Praved Neo Tech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Udhav Das Fomra | Whole-Time Director | 01 Feb 2023 | 3 Years 8 Months | Current |
| Kannan Bakthavachalu Also directs: Farnod Exim Private Limited | Whole-Time Director | 31 Jul 2017 | 9 Years 2 Months | Current |
| Namita Fomra Also directs: VPN Impex LLP | Managing Director | 12 Sep 2019 | 7 Years 1 Months | Current |
Peer comparison
Praved Neo Tech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apexvitals Private Limited | ₹3.93 Cr (FY 2025) | 57.0% | Mumbai, Maharashtra, India | |||
| Shree Shagun Tradecom Private Limited | ₹3.93 Cr (FY 2025) | -39.0% | Kolkata, West Bengal, India | |||
| R-One Infinity Global Services Private Limited | ₹3.93 Cr (FY 2020) | 308.0% | Delhi, India | |||
| Buildsquare Creation Private Limited | ₹3.92 Cr (FY 2024) | 20.0% | Ahmedabad, Gujarat, India | |||
| Alpha-N-Omega Mills Private Limited | ₹3.92 Cr (FY 2024) | 1.0% | Coimbatore, Tamil Nadu, India | |||
| Praved Neo Tech Private Limitedthis company | ₹3.92 Cr (FY 2024) | ₹4.89 Lakh | 1.2% | 373.0% | Chennai, Tamil Nadu, India | |
| Neelkanth Conclave Private Limited | ₹3.92 Cr (FY 2023) | -83.0% | Kolkata, West Bengal, India | |||
| Saadh Infratech Private Limited | ₹3.92 Cr (FY 2025) | -37.0% | Gurgaon, Haryana, India | |||
| Namada Organic Private Limited | ₹3.92 Cr (FY 2024) | -25.0% | Ahmedabad, Gujarat, India | |||
| Multitech Medical Systems Private Limited | ₹3.92 Cr (FY 2025) | 3.0% | Pune, Maharashtra, India | |||
| Cosmo Shuoqi Impex India Private Limited | ₹3.92 Cr (FY 2025) | -5.0% | Jammu, Jammu and Kashmir, India |
To see the full peer comparison of Praved Neo Tech Private Limited, buy the company report.
Shareholding
The shareholding of Praved Neo Tech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Praved Neo Tech Private Limited, buy the company report.
Legal cases
Praved Neo Tech Private Limited has 5 court cases on record: 1 filed by Praved Neo Tech, 4 filed against it. All cases are disposed.
Total cases
5
Filed by the company
1
Filed against the company
4
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (CRL MP) | Filed against the company by M/S.K.S.Wind and Renewables India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Court case (CRL OP) | Filed against the company by M/S.K.S.Wind and Renewables India Pvt Ltd M/S.Kanimozhi Mathi, ,S.Vasuki,V.Rajeshwari | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed by the company against M/S. K.S.Wind and Renewables India Private Limited Rep by Its Director K. Saravanan | Disposed |
To see the full case history of Praved Neo Tech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Praved Neo Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Praved Neo Tech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCP3433G1ZM | Tamil Nadu | Active | 06 Sep 2017 |
To see the full GST registrations and return filing status of Praved Neo Tech Private Limited, buy the company report.
Recent activity
Praved Neo Tech Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Udhav Das Fomra was appointed as Whole-Time Director on 01 Feb 2023.
AGM
Praved Neo Tech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Praved Neo Tech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Appointed
Udhav Das Fomra was appointed as Whole-Time Director.
Ceased
Vedika Fomra ceased to be Director.
Ceased
Kannan Bakthavachalu ceased to be Director.
Ceased
Namita Fomra ceased to be Managing Director.
Appointed
Namita Fomra was appointed as Managing Director.
Appointed
Kannan Bakthavachalu was appointed as Whole-Time Director.
Incorporation
31 Jul 2017
Praved Neo Tech Private Limited was registered on 31 Jul 2017 with Roc Chennai & aged 9 years 2 months as per MCA records.
Frequently asked questions
Praved Neo Tech is an active private limited company based in Chennai, Tamil Nadu, India. The company works in wholesale, within the trading industry. It was incorporated on 31 July 2017 (9+ years old) and is registered under CIN U72900TN2017PTC117856.
Praved Neo Tech has 3 current directors:
- Namita Fomra - Managing Director
- Udhav Das Fomra - Whole-Time Director
- Kannan Bakthavachalu - Whole-Time Director
The latest financial statements of Praved Neo Tech 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 2018 are in the company report.
The GSTIN of Praved Neo Tech is 33AAJCP3433G1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Praved Neo Tech is U72900TN2017PTC117856. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Praved Neo Tech has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the high courts.
Praved Neo Tech was incorporated on 31 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Praved Neo Tech by revenue are Apexvitals Private Limited, Shree Shagun Tradecom Private Limited, R-One Infinity Global Services Private Limited, Buildsquare Creation Private Limited, Alpha-N-Omega Mills Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Udhav Das Fomra was appointed as Whole-Time Director on 01 Feb 2023. Vedika Fomra ceased to be Director on 01 Feb 2023. Kannan Bakthavachalu ceased to be Director on 30 Sep 2019. Praved Neo Tech has 6 board changes on record in total.
Yes, Praved Neo Tech is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-24-0002950).
Praved Neo Tech can be reached through the website neotechcpl.com. Its registered office is in Chennai, Tamil Nadu, India.