About Neelanchal Technocrats Private Limited
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Neelanchal Technocrats Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Laxminarayan Vyapaar Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 10 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U45205KA2011PTC058586. Its GSTIN is 29AADCN6141M1Z3 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors Surendra Kumar Bajaj and Ashwin Sancheti.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salarpuria Windsor 4th Floor No. 3 Ulsoor Main Road Ulsoor, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.93 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹2.66 Cr and EBITDA of -₹43.64 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 16% over three years.
Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sattvagroup.in.
Company details
Contact details
Neelanchal Technocrats Private Limited's registered office is in Bangalore, Karnataka. Its website is sattvagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSalarpuria Windsor 4th Floor No. 3 Ulsoor Main Road Ulsoor, Bangalore, Karnataka, India – 560042
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neelanchal Technocrats 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
Financials of Neelanchal Technocrats Private Limited
FY 2025 filings availableNeelanchal Technocrats Private Limited reported revenue of ₹7.93 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over three years, including a 51% fall in the latest year. EBITDA rose 61% 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
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| EBITDA | -₹43.64 Lakh | ||||
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| Net Profit (PAT) | -₹2.66 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Neelanchal Technocrats Private Limited, buy the company report.
Board of directors of Neelanchal Technocrats Private Limited
Neelanchal Technocrats has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surendra Kumar Bajaj | Director | 16 Jul 2015 | 11 Years 3 Months | Current |
| Ashwin Sancheti Also directs: Candid Builders Private Limited, Shubhachandi Griha Nirman Private Limited, Darshita Constructions Private Limited and 5 more | Director | 16 Jul 2015 | 11 Years 3 Months | Current |
Auditor
Neelanchal Technocrats Private Limited is audited by N. Ta t i a & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N. Ta t i a & Associates | FY 2023 | 011067S |
Shareholding
The shareholding of Neelanchal Technocrats Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Neelanchal Technocrats Private Limited, buy the company report.
Legal cases
Neelanchal Technocrats Private Limited has 8 court cases on record: 2 filed by Neelanchal Technocrats, 6 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 4 | 1 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by Heera Retail Hyderabad Pvt Ltd., and 1 other | Disposed |
| High Court, TELANGANA | Appeal | Filed by the company against M/S. Pride India Avenues (P) Ltd. and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| District court, Hyderabad Central, Telangana | Civil suit | Filed against the company by an individual | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by individuals | Disposed |
To see the full case history of Neelanchal Technocrats 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 Neelanchal Technocrats Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neelanchal Technocrats has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN6141M1Z3 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neelanchal Technocrats Private Limited, buy the company report.
Recent activity
Neelanchal Technocrats Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Ashwin Sancheti was appointed as Director on 16 Jul 2015.
News
Frequently asked questions
Neelanchal Technocrats is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 10 May 2011 (15+ years old) and is registered under CIN U45205KA2011PTC058586.
Neelanchal Technocrats has 2 current directors:
- Surendra Kumar Bajaj - Director
- Ashwin Sancheti - Director
The latest financial statements of Neelanchal Technocrats on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Neelanchal Technocrats is 29AADCN6141M1Z3, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Neelanchal Technocrats is U45205KA2011PTC058586. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelanchal Technocrats has 8 court cases on record: 2 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Neelanchal Technocrats was incorporated on 10 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashwin Sancheti was appointed as Director on 16 Jul 2015. Mahesh Kumar Khaitan ceased to be Director on 16 Jul 2015. Piyush Agarwal ceased to be Director on 16 Jul 2015. Neelanchal Technocrats has 6 board changes on record in total.
Neelanchal Technocrats can be reached through the website sattvagroup.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Neelanchal Technocrats is at Salarpuria Windsor 4th Floor No. 3 Ulsoor Main Road Ulsoor, Bangalore, Karnataka, India – 560042.
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