Neco Global Ventures Private Limited

Neco Global Ventures Private Limited - business services in Nagpur, Maharashtra, India. FY 2026 financials & compliance.
CIN U51109MH2006PTC432111 Incorporated 02 January 2006 ROC Mumbai HQ Nagpur, Maharashtra, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2024
₹9.09 Lakh
▲ 43% YoY
Net loss · FY 2024
₹2,950
Net margin -0.3%
EBITDA · FY 2024
-₹2,950
EBITDA margin -0.3%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.01 Cr
Issued & subscribed
Company age
20 yrs
Est. 2006
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

About Neco Global Ventures Private Limited

Data last updated:

Neco Global Ventures Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the wholesale trading and distribution segment of the business services sector. It was incorporated on 02 January 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2006PTC432111.

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.01 Cr. It is led by directors Ramesh Jayaswal and Rita Ramesh Jayaswal.

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 Nagpur, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹9.09 Lakh, a growth of 43% compared to the previous year. For the same year it recorded a net loss of ₹2,950 (net margin -0.3%) and EBITDA of -₹2,950 (EBITDA margin -0.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 40% over five years.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51109MH2006PTC432111
Registration Number 432111
Incorporation Date 02 January 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

CIN history

Neco Global Ventures has one previous CIN (Corporate Identification Number): U51109WB2006PTC107007. The current CIN is U51109MH2006PTC432111, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51109MH2006PTC432111Current
U51109WB2006PTC107007Previous

Contact details

Neco Global Ventures Private Limited's registered office is in Nagpur, Maharashtra.

  • Registered Address
    F – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016
  • Industry
    Business Services, Wholesale, Commission Agents, Contractual Work
Comprehensive company report
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Business activity

The main business activity of Neco Global Ventures is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Neco Global Ventures Private Limited, buy the company report.

Financials of Neco Global Ventures Private Limited

FY 2025 filings available

Neco Global Ventures Private Limited reported revenue of ₹9.09 Lakh (up 43% YoY) for FY 2024.

Revenue · FY 2024
₹9.09 Lakh ▲ 43%
Net loss · FY 2024
₹2,950 margin -0.3%
EBITDA · FY 2024
-₹2,950 margin -0.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 46%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▼ 150%
3 years · compounded
▼ 32%
5 years · compounded
▲ 32%

Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 43% growth in the latest year. EBITDA fell 150% 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-₹2,950
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹2,950
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 Margin-0.3%
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 Neco Global Ventures Private Limited, buy the company report.

Board of directors of Neco Global Ventures Private Limited

Neco Global Ventures has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ramesh JayaswalDirector05 Mar 201016 Years 8 MonthsCurrent
Rita Ramesh JayaswalDirector05 Mar 201016 Years 8 MonthsCurrent

Peer comparison

Neco Global Ventures Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Multiplus Mart Private Limited₹9.1 Lakh (FY 2018)118.0%Surat, Gujarat, India
Seamakers Realcon Private Limited₹9.1 Lakh (FY 2020)Balasore, Odisha, India
Morvin International Private Limited₹9.09 Lakh (FY 2025)-21.0%New Delhi, Delhi, India
Maxsen Industries Private Limited₹9.09 Lakh (FY 2022)Chennai, Tamil Nadu, India
Atrica Tradex Private Limited₹9.09 Lakh (FY 2024)-1.0%Delhi, India
Neco Global Ventures Private Limitedthis company₹9.09 Lakh (FY 2024)-₹2,950-0.3%43.0%Nagpur, Maharashtra, India
Silver Line Controls and Automation Technologies Private Limited₹9.09 Lakh (FY 2025)-49.0%Bangalore, Karnataka, India
Devsun Achraj Private Limited₹9.09 Lakh (FY 2025)465.0%Delhi, India
Aerotoy Industries Private Limited₹9.09 Lakh (FY 2024)318.0%Kodungallur, Kerala, India
Happy Home Infracon India Private Limited₹9.09 Lakh (FY 2022)-28.0%Panaji, Goa, India
Silmist Consumer Care (OPC) Private Limited₹9.09 Lakh (FY 2025)-47.0%Bhubaneswar, Odisha, India

To see the full peer comparison of Neco Global Ventures Private Limited, buy the company report.

MSME payment delays

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

GST

No GST registration is on our record for Neco Global Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Neco Global Ventures Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Ramesh Jayaswal ceased to be Additional Director on 30 Sep 2010.

AGM
Neco Global Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neco Global Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Ramesh Jayaswal ceased to be Additional Director.
Ceased
Rita Ramesh Jayaswal ceased to be Additional Director.
Ceased
Abhishek Manoj Kumar Jayaswal ceased to be Director.
Ceased
Manoj Kumar Jayaswal ceased to be Director.
Ceased
Padmanabh Mishra ceased to be Director.
Ceased
Ram Niranjan Sharma ceased to be Director.
Appointed
Ramesh Jayaswal was appointed as Director.
Appointed
Rita Ramesh Jayaswal was appointed as Director.
Incorporation
02 Jan 2006
Neco Global Ventures Private Limited was registered on 02 Jan 2006 with Roc Mumbai & aged 20 years 10 months as per MCA records.

Frequently asked questions

Neco Global Ventures is an active private limited company based in Nagpur, Maharashtra, India. The company works in wholesale, within the business services industry. It was incorporated on 02 January 2006 (20+ years old) and is registered under CIN U51109MH2006PTC432111.

Neco Global Ventures has 2 current directors:

The latest financial statements of Neco Global Ventures 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 CIN (Corporate Identification Number) of Neco Global Ventures is U51109MH2006PTC432111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neco Global Ventures was incorporated on 02 January 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Neco Global Ventures by revenue are Multiplus Mart Private Limited, Seamakers Realcon Private Limited, Morvin International Private Limited, Maxsen Industries Private Limited, Atrica Tradex Private Limited and 5 more, all in the same principal business activity (retail trading).

Ramesh Jayaswal ceased to be Additional Director on 30 Sep 2010. Rita Ramesh Jayaswal ceased to be Additional Director on 30 Sep 2010. Abhishek Manoj Kumar Jayaswal ceased to be Director on 15 Apr 2010. Neco Global Ventures has 8 board changes on record in total.

The registered office of Neco Global Ventures is at F – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016.

Neco Global Ventures operates in the business services industry, in the wholesale segment.

The compliance status of Neco Global Ventures is compliant as of 12 August 2026. The company is actively filing with the Registrar of Companies.

Neco Global Ventures can be reached at its registered office: F – 8 MIDC Industrial Area, Hingna Road, Nagpur, Maharashtra, India – 440016.