About Neoteric Infomatique Limited
Data last updated:
Neoteric Infomatique Limited is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 21 March 1997.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U30007MH1997PLC106787. Its GSTIN is 27AAACN3140K2ZK (Maharashtra). The company holds 32 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹18 Cr and a paid-up capital of ₹13.59 Cr. It was formerly known as Neoteric Infomatique Private Limited. It is led by directors including Paras Harshad Shah (Managing Director) and Vijay Sripat Kale.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2015, the company reported a revenue of ₹1,437.05 Cr. For the same year it recorded a net profit of ₹4.92 Cr (net margin 0.3%) and EBITDA of ₹37.57 Cr (EBITDA margin 2.6%).
The company is associated with 1 brand: Neoteric. As per MCA filings, the company has open charges of ₹223.5 Cr and satisfied charges of ₹106.45 Cr on record. Court records list 92 cases involving the company, including 75 filed by the company and 17 filed against it; 7 cases are pending.
The last known website on record is neoteric.co.in.
Company details
CIN history
Neoteric Infomatique has one previous CIN (Corporate Identification Number): U30007MH1997PTC106787. The current CIN is U30007MH1997PLC106787, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U30007MH1997PLC106787 | Current |
| U30007MH1997PTC106787 | Previous |
Contact details
Neoteric Infomatique Limited's registered office is in Mumbai, Maharashtra. Its website is neoteric.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressUnit No U0201 Floor – 2 Plot – 249 A Wing Matulya Centre Senapati Bapat Marg Low, Er Parel, Mumbai, Maharashtra, India – 400013
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Neoteric Infomatique 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
Brands
Neoteric Infomatique operates one associated brand: Neoteric. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| IT service management and consulting are provided to clients. | neoteric.co.in |
Financials of Neoteric Infomatique Limited
FY 2015 filings availableNeoteric Infomatique Limited reported revenue of ₹1,437.05 Cr for FY 2015.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹1,437.05 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | ₹37.57 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | ₹4.92 Cr |
| 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
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | 2.6% |
| Net Profit Margin | 0.3% |
| 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 | |
To see the full financial statements and ratios of Neoteric Infomatique Limited, buy the company report.
Board of directors of Neoteric Infomatique Limited
Neoteric Infomatique has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Sripat Kale | Additional Director | 18 Jul 2017 | 9 Years 3 Months | As last reported |
| Paras Harshad Shah | Managing Director | 01 Dec 2010 | 15 Years 10 Months | As last reported |
| Yogesh Bhagwan Lade | Additional Director | 08 Sep 2017 | 9 Years 1 Months | As last reported |
Auditor
Neoteric Infomatique Limited is audited by CHATURVEDI SOHAN & CO for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHATURVEDI SOHAN & CO | FY 2015 | 118424W |
Shareholding
The shareholding of Neoteric Infomatique Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Neoteric Infomatique Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2015 | 10562738 | Indusind Bank Ltd. | ₹27.5 Cr | Open | |
| 12 Oct 2012 | 10382845 | Union Bank Ofindia | ₹5 Cr | Open | |
| 17 Dec 2009 | 10192808 | Idbi Bank Limited | ₹15 Cr | Open | |
| 31 Mar 2008 | 10098043 | Others | ₹41 Cr | Open | |
| 17 Dec 2002 | 90144225 | Union Bank of India | ₹50 Cr | Open |
To see the full charge records of Neoteric Infomatique Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Neoteric Infomatique Limited has 92 court cases on record: 75 filed by Neoteric Infomatique, 17 filed against it. 7 cases are pending and 85 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 77 | 9 | 7 |
| High courts | 15 | 8 | 0 |
Cases on record (5 of 92)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Axis Bank Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Ibm India Private Limited | Disposed |
| Bombay High Court | Court case (CARBP) | Filed against the company by Ibm India Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed by the company against Robotics Saas Communications Pvt Ltd and 4 others | Disposed |
To see the full case history of Neoteric Infomatique 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 Neoteric Infomatique Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neoteric Infomatique has 32 GST registrations: 1 active and 31 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN3140K2ZK | Maharashtra | Active | 18 Oct 2020 |
To see the full GST registrations and return filing status of Neoteric Infomatique Limited, buy the company report.
Recent activity
Neoteric Infomatique Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Narsingrao Rajanna Panchal ceased to be Cfo(Kmp) on 09 Oct 2018.
46 earlier events are in the company report.
Frequently asked questions
Neoteric Infomatique is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Neoteric Infomatique is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 21 March 1997 and is registered under CIN U30007MH1997PLC106787. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Neoteric Infomatique has 3 current directors:
- Paras Harshad Shah - Managing Director
- Vijay Sripat Kale - Additional Director
- Yogesh Bhagwan Lade - Additional Director
The latest financial statements of Neoteric Infomatique on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Neoteric Infomatique is U30007MH1997PLC106787. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neoteric Infomatique has open charges of ₹223.5 Cr and satisfied charges of ₹106.45 Cr as per latest MCA filings.
Neoteric Infomatique has 92 court cases on record: 75 filed by the company and 17 filed against it. 7 are pending. Most are in the district courts.
Neoteric Infomatique was incorporated on 21 March 1997. It is registered with the Registrar of Companies, Mumbai.
Narsingrao Rajanna Panchal ceased to be Cfo(Kmp) on 09 Oct 2018. Ketan Vinod Shah ceased to be Additional Director on 08 Sep 2017. Yogesh Bhagwan Lade was appointed as Additional Director on 08 Sep 2017. Neoteric Infomatique has 18 board changes on record in total.
Neoteric Infomatique can be reached through the website neoteric.co.in. Its registered office is in Mumbai, Maharashtra, India.