About Neo Rays
Neo Rays is a Business Services company based in Bengaluru (India) founded in 2015. It offers IT solutions, staffing, application development, and consulting services. It operates on a B2B model in Business Services and Technology sectors. The company has 91 employees. Its Indian entity Neo Rays Software Solutions Private Limited reported revenue of ₹4.10 Cr. Neo Rays offers products and services including Staffing Solutions, Application Development, and Application Management. Its focus areas include Human Resources, Staffing Solutions, Talent Acquisition and IT Recruitment.
Company details
Neo Rays Software Solutions is an IT and consulting firm based in Bangalore, India, delivering services in enterprise solutions, business intelligence, staffing, application development, and management. Powered by skilled professionals, it supports various industries like aerospace, automotive, and healthcare through technology-driven processes for operational efficiency and client needs.
- Headquarters Bengaluru, India
- Employees 91
- SectorsBusiness ServicesTechnology
- Email••••••••
- Website neorays.com
- Legal Name Neo Rays Software Solutions Private Limited
- Date of Incorporation 05 Jan, 2015
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹4.10 Cr
FY 2024 · -56% YoY
- Net Loss-₹53.6 Lakh
FY 2024 · -13% margin
- EBITDA-₹40.5 Lakh
FY 2024 · -10% margin
- Employee Count91
Associated legal entities of Neo Rays
Neo Rays operates through Neo Rays Software Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neo Rays Software Solutions Private Limited CIN U72900KA2015PTC078101 | Active | 05 Jan 2015 | Bengaluru, Karnataka | ₹4.1 Cr | 91 | 2 | View details |
Products & Services of Neo Rays
Neo Rays offers a comprehensive portfolio of products and services, including Staffing Solutions, Application Development, and Application Management.
Provides talent acquisition for IT and engineering roles.
Develops custom IT solutions for business needs.
Manages and supports existing applications for efficiency.
Board of directors of Neo Rays Software Solutions Private Limited (Neo Rays)
Neo Rays Software Solutions Private Limited is the primary company behind Neo Rays. The board of Neo Rays Software Solutions Private Limited currently have 2 directors; the longest-serving is Hadagali Ravikumar, appointed in 2015. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Hadagali Ravikumar DIN 03085990 | Director | 05 Jan 2015 | 11 yrs 10 mo | Neo Rays Software Solutions Private Limited |
| Kavitha Ravikumar Hadagali DIN 07002197 | Director | 28 Mar 2019 | 7 yrs 7 mo | Neo Rays Software Solutions Private Limited |
Financials of Neo Rays
Figures of Neo Rays Software Solutions Private Limited, the primary company behind Neo Rays, for FY 2024. Revenue was ₹4.10 Cr (-56% year on year). Net loss was -₹53.6 Lakh (-13% margin). EBITDA was -₹40.5 Lakh (-10% margin). Revenue has grown at a compounded annual rate of +16% over three years and +22% over five years.
- ₹4.10 CrRevenue · FY 2024 · -56% YoY
- -₹53.6 LakhNet loss · -13% margin
- -₹40.5 LakhEBITDA · -10% margin
- ₹5 LakhPaid-up capital
- 91Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- +22%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neo Rays Software Solutions Private Limited are on its company page.
Detailed financial statements for Neo Rays
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Neo Rays
The website of Neo Rays (neorays.com) receives about 1.8K visits a month.
- Monthly visits1.8K
▼ 76.6% vs previous month
Top companies in Human Resource & Staffing Services
2 companies that operate in the same segment as Neo Rays (Human Resource & Staffing Services) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Staffing and recruiting services connect employers with job candidates. | 2000 | Bengaluru, Karnataka, India | USD 28.39 M | USD 1.26 B | 2,470 | |
HR management, recruitment, and staffing services are provided. | 2015 | Bengaluru, Karnataka, India | USD 15.95 M |
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Frequently Asked Questions about Neo Rays
Neo Rays was founded in 2015.
Neo Rays is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Neo Rays has 91 employees.
The primary company behind Neo Rays, Neo Rays Software Solutions Private Limited, reported revenue of ₹4.10 Cr for FY 2024, down 56% year on year.
Neo Rays Software Solutions is an IT and consulting firm based in Bangalore, India, delivering services in enterprise solutions, business intelligence, staffing, application development, and management. Powered by skilled professionals, it supports various industries like aerospace, automotive, and healthcare through technology-driven processes for operational efficiency and client needs.
Neo Rays offers Staffing Solutions, Application Development, and Application Management.
Neo Rays operates through Neo Rays Software Solutions Private Limited.
The legal entities of Neo Rays currently have 2 directors, including Hadagali Ravikumar, Kavitha Ravikumar Hadagali.