Neel Agrotech Private Limited

Neel Agrotech Private Limited - agriculture in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U36941GJ1997PTC032490 Incorporated 10 June 1997 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company agriculture
Revenue · FY 2023
₹59,000
▼ 99% YoY
Net loss · FY 2023
₹10.83 Lakh
Latest filing
EBITDA · FY 2023
-₹10.78 Lakh
Latest filing
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.21 Cr
Issued & subscribed
Satisfied charges
₹2.9 Cr
No open charges
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings

About Neel Agrotech Private Limited

Data last updated:

Neel Agrotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the agricultural support and advisory segment of the agriculture sector. It was incorporated on 10 June 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36941GJ1997PTC032490. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.21 Cr. It was formerly known as Neel Bio-Organics Private Limited and Neel Bio-Tech Private Limited. It is led by directors Dewang Gautambhai Shah (Managing Director) and Mitul Gautambhai Shah (Managing Director).

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 S/3 Navrang Swastik Crossroad Navrangpura, Ahmedabad, Gujarat, India – 380009.

As per the financials filed for FY 2023, the company reported a revenue of ₹59,000, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹10.83 Lakh and EBITDA of -₹10.78 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 80% over three years and 60% over five years.

The company is associated with 1 brand: Neel Agrotech. As per MCA filings, the company has satisfied charges of ₹2.9 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 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 neelagro.com.

Company details

CIN U36941GJ1997PTC032490
Registration Number 032490
Incorporation Date 10 June 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Name history

Neel Agrotech has undergone 2 name changes throughout its history. The company was previously known as Neel Bio-Organics Private Limited, and Neel Bio-Tech Private Limited. The current legal name is Neel Agrotech Private Limited.

Company NameStatus
Neel Agrotech Private LimitedCurrent
Neel Bio-Organics Private LimitedPrevious
Neel Bio-Tech Private LimitedPrevious

Contact details

Neel Agrotech Private Limited's registered office is in Ahmedabad, Gujarat. Its website is neelagro.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    S/3 Navrang Swastik Crossroad Navrangpura, Ahmedabad, Gujarat, India – 380009
  • Industry
    Agriculture, Agri Support Services

To see the full contact details of Neel Agrotech Private Limited, buy the company report.

Comprehensive company report
Neel Agrotech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Neel Agrotech operates one associated brand: Neel Agrotech. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures and constructs greenhousesneelagro.com

Financials of Neel Agrotech Private Limited

FY 2025 filings available

Neel Agrotech Private Limited reported revenue of ₹59,000 (down 99% YoY) for FY 2023.

Revenue · FY 2023
₹59,000 ▼ 99%
Net loss · FY 2023
₹10.83 Lakh
EBITDA · FY 2023
-₹10.78 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 80%
5 years · compounded
▼ 60%
EBITDA CAGR growth
1 year
▼ 125%
3 years · compounded
▼ 32%
5 years · compounded
▼ 26%

Revenue has declined at a compounded annual rate (CAGR) of 60% over five years, including a 99% fall in the latest year. EBITDA fell 125% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
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-₹10.78 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹10.83 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin
Net Profit Margin
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 Neel Agrotech Private Limited, buy the company report.

Board of directors of Neel Agrotech Private Limited

Neel Agrotech has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dewang Gautambhai ShahManaging Director10 Jun 199729 Years 5 MonthsCurrent
Mitul Gautambhai ShahManaging Director10 Jun 199729 Years 5 MonthsCurrent

Auditor

Neel Agrotech Private Limited is audited by J. T. Shah & Co for the financial year 2022.

Auditor firmFinancial yearFirm registration number
J. T. Shah & CoFY 2022109616W

Shareholding

The shareholding of Neel Agrotech Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Neel Agrotech Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹2.9 Cr
Breakdown by lending institutions
The Kalupur Commercial Co-Operative Bank Ltd₹1.50 Cr
The Kalupur Comm. Co. Op. Bank Ltd.₹0.90 Cr
State Bank of India₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Jan 201310404908The Kalupur Comm. Co. Op. Bank Ltd.₹90 LakhSatisfied
24 Feb 201210340237The Kalupur Commercial Co-Operative Bank Ltd₹1.5 CrSatisfied
29 Mar 200610003195State Bank of India₹50 LakhSatisfied

To see the full charge records of Neel Agrotech 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 Neel Agrotech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Neel Agrotech has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

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

Recent activity

Neel Agrotech Private Limited has 9 board changes on record since 1997: 2 appointments and 7 cessations. The latest: Chetan Kalyanbhai Sutaria ceased to be Director on 31 May 2019.

AGM
Neel Agrotech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neel Agrotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 28 Jan 2013 via Charge ID 10404908 with The Kalupur Comm. Co. Op. Bank Ltd. was fully satisfied on 16 Feb 2021.
Ceased
Chetan Kalyanbhai Sutaria ceased to be Director.
Ceased
Dewang Gautambhai Shah ceased to be Director.
Ceased
Mitul Gautambhai Shah ceased to be Director.
Charges
A charge registered on 24 Feb 2012 via Charge ID 10340237 with The Kalupur Commercial Co-Operative Bank Ltd was fully satisfied on 14 Feb 2013.
Charges
A charge with The Kalupur Comm. Co. Op. Bank Ltd. amounted to Rs. 0.90 Cr with Charge ID 10404908 was registered on 28 Jan 2013.
Charges
A charge with The Kalupur Commercial Co-Operative Bank Ltd amounted to Rs. 1.50 Cr with Charge ID 10340237 was registered on 24 Feb 2012.
Ceased
Dineshbhai Shankerlal Oza ceased to be Director.
Ceased
Ketan Tulsidas Gadhia ceased to be Director.
Ceased
Vaghjibhai Jadavbhai Chavda ceased to be Director.

6 earlier events are in the company report.

Frequently asked questions

Neel Agrotech is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agri support services, within the agriculture industry. It was incorporated on 10 June 1997 (29+ years old) and is registered under CIN U36941GJ1997PTC032490.

Neel Agrotech has 2 current directors:

The latest financial statements of Neel Agrotech 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.

No. Neel Agrotech has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Neel Agrotech is U36941GJ1997PTC032490. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neel Agrotech has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.

Neel Agrotech was incorporated on 10 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Chetan Kalyanbhai Sutaria ceased to be Director on 31 May 2019. Dewang Gautambhai Shah ceased to be Director on 01 Apr 2013. Mitul Gautambhai Shah ceased to be Director on 01 Apr 2013. Neel Agrotech has 9 board changes on record in total.

Neel Agrotech can be reached through the website neelagro.com. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Neel Agrotech is at S3 Navrang Swastik Crossroad Navrangpura, Ahmedabad, Gujarat, India – 380009.