Neural Systems Private Limited

Neural Systems Private Limited - financial services in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U30007KA2008PTC045625 Incorporated 14 March 2008 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company financial services MSME · Micro
Data last updated
Revenue · FY 2024
₹1.04 Cr
▲ 16% YoY
Net profit · FY 2024
₹33.14 Lakh
Net margin 32%
EBITDA · FY 2024
₹1.02 Cr
EBITDA margin 98%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹3.5 Cr
Satisfied ₹2.51 Cr
Company age
18 yrs
Est. 2008
Directors on board
3
As per MCA filings

About Neural Systems Private Limited

Data last updated:

Neural Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 March 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30007KA2008PTC045625. Its GSTIN is 29AACCN7284L3ZQ (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Bharat Muddanna Shetty (Managing Director) and Bittanaiah Manjunathaiah Basavaraj.

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 Plot No.65 Bommasandra Jigani Link Road KIADB Industrial Area, Bangalore, Karnataka, India – 560105.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.04 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹33.14 Lakh (net margin 32%) and EBITDA of ₹1.02 Cr (EBITDA margin 98%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 19% over five years.

As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹2.51 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.

Neural Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0019105). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neuralsys.net.

Company details

CIN U30007KA2008PTC045625
Registration Number 045625
Incorporation Date 14 March 2008
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0019105
Key People
Bharat Muddanna Shetty Managing Director Bittanaiah Manjunathaiah Basavaraj Director Malathy Doreswamy Director

Recognitions & Rankings of Neural Systems

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-02-0019105

Contact details

Neural Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is neuralsys.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    neuralsys.net
  • Registered Address
    Plot No.65 Bommasandra Jigani Link Road KIADB Industrial Area, Bangalore, Karnataka, India – 560105
  • Industry
    Financial Services, Real Estate Financing

To see the full contact details of Neural Systems Private Limited, buy the company report.

Comprehensive company report
Neural Systems 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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Financials of Neural Systems Private Limited

FY 2025 filings available

Neural Systems Private Limited reported revenue of ₹1.04 Cr (up 16% YoY) for FY 2024.

Revenue · FY 2024
₹1.04 Cr ▲ 16%
Net profit · FY 2024
₹33.14 Lakh margin 32%
EBITDA · FY 2024
₹1.02 Cr margin 98%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 9%
5 years · compounded
▲ 19%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▲ 10%
5 years · compounded
▲ 36%

Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 16% growth in the latest year. EBITDA rose 19% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.02 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹33.14 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin98%
Net Profit Margin32%
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 Neural Systems Private Limited, buy the company report.

Board of directors of Neural Systems Private Limited

Neural Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bharat Muddanna Shetty
Also directs: Aurascent Essence Private Limited, Cartafine Worldwide Private Limited, Yashna Naturals Private Limited and 5 more
Managing Director10 Aug 201016 Years 3 MonthsCurrent
Bittanaiah Manjunathaiah Basavaraj
Also directs: Neural Systems Coedge Private Limited
Director14 Mar 200818 Years 7 MonthsCurrent
Malathy Doreswamy
Also directs: Adeza Capital Private Limited
Director20 Apr 20197 Years 6 MonthsCurrent
View all directors

Auditor

Neural Systems Private Limited is audited by MNS & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MNS & COFY 2023003968S

Shareholding

The shareholding of Neural Systems 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Neural Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.5 Cr
Satisfied charges
₹2.51 Cr
Breakdown by lending institutions
Yes Bank Limited₹3.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
29 Nov 2021100509320Yes Bank Limited₹3.5 CrOpen
02 Nov 200910189847State Bank of India₹2.45 CrSatisfied
08 Nov 200810131162Canara Bank₹6 LakhSatisfied

To see the full charge records of Neural Systems Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Neural Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Neural Systems has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Neural Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AACCN7284L3ZQKarnatakaActive01 Apr 2018

To see the full GST registrations and return filing status of Neural Systems Private Limited, buy the company report.

Recent activity

Neural Systems Private Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Malathy Doreswamy ceased to be Additional Director on 30 Sep 2019.

AGM
Neural Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neural Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Yes Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100509320 was registered on 29 Nov 2021.
Ceased
Malathy Doreswamy ceased to be Additional Director.
Ceased
Swamy Bittannaiah Manjunathaiah ceased to be Whole-Time Director.
Appointed
Malathy Doreswamy was appointed as Director.
Ceased
Ranganathan Doreswamy Hosadurga ceased to be Director.
Charges
A charge registered on 02 Nov 2009 via Charge ID 10189847 with State Bank Of India was fully satisfied on 13 Dec 2017.
Charges
A charge registered on 08 Nov 2008 via Charge ID 10131162 with Canara Bank was fully satisfied on 13 Dec 2017.
Ceased
Sundar Govindaswamy ceased to be Director.
Ceased
Bharat Muddanna Shetty ceased to be Director.
Ceased
Bittanaiah Manjunathaiah Basavaraj ceased to be Managing Director.

6 earlier events are in the company report.

Frequently asked questions

Neural Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 March 2008 (18+ years old) and is registered under CIN U30007KA2008PTC045625.

Neural Systems has 3 current directors:

The latest financial statements of Neural Systems 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 Neural Systems is 29AACCN7284L3ZQ, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.

The CIN (Corporate Identification Number) of Neural Systems is U30007KA2008PTC045625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neural Systems has 4 court cases on record: 4 filed against it. Most are in the district courts.

Neural Systems was incorporated on 14 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.

Malathy Doreswamy ceased to be Additional Director on 30 Sep 2019. Swamy Bittannaiah Manjunathaiah ceased to be Whole-Time Director on 30 Jul 2019. Malathy Doreswamy was appointed as Director on 20 Apr 2019. Neural Systems has 9 board changes on record in total.

Yes, Neural Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0019105).

Neural Systems can be reached through the website neuralsys.net. Its registered office is in Bangalore, Karnataka, India.