About Neel Auto Private Limited
Data last updated:
Neel Auto Private Limited was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Neel Metal Products Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 02 December 2003.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U34300DL2003PTC123285. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹55 Cr and a paid-up capital of ₹54.77 Cr. It was formerly known as Thai Summit Neel Auto Private Limited. It was led by directors including Esha Arya and Nishant Arya.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at 601 Hemkunt Chambers 89 Nehru Place, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2018, the company reported a revenue of ₹1,443.03 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2,697 (net margin 0%) and EBITDA of ₹8,458 (EBITDA margin 0%). Revenue has declined at a compounded annual rate (CAGR) of 98% over three years.
The company had about 337 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹213.48 Cr on record. Court records list 48 cases involving the company, including 32 filed by the company and 16 filed against it; 4 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in October 2012.
The last known website on record is jbm-group.com.
Company details
Contact details
Neel Auto Private Limited's registered office is in New Delhi, Delhi. Its website is jbm-group.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address601 Hemkunt Chambers 89 Nehru Place, New Delhi, Delhi, India – 110019
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Neel Auto 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
Business activity
The main business activity of Neel Auto is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Neel Auto Private Limited, buy the company report.
Financials of Neel Auto Private Limited
FY 2018 filings availableNeel Auto Private Limited reported revenue of ₹1,443.03 Cr (up 15% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue rose 15% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 98%. EBITDA rose 49% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹1,443.03 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹8,458 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2,697 | |||
| 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 0% | |||
| Net Profit Margin | 0% | |||
| 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 Auto Private Limited, buy the company report.
Board of directors and KMP of Neel Auto Private Limited
Neel Auto Private Limited currently reports 5 directors and 1 key managerial person. 15 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Esha Arya | Director | 02 Dec 2003 | 22 Years 10 Months | As last reported |
| Nishant Arya Also directs: Jay Bharat Maruti Limited, JBM Auto Limited, JBM Ogihara Automotive India Limited and 5 more | Director | 22 Sep 2009 | 17 Years 1 Months | As last reported |
| Anand Swaroop Also directs: Advitya Residency LLP, Jay Bharat Maruti Limited, JBM Ogihara Automotive India Limited and 5 more | Director | 15 Dec 2003 | 22 Years 10 Months | As last reported |
| Raj Kumar Maheshwari | Cfo | 24 Apr 2017 | 9 Years 6 Months | As last reported |
| Bharat Bhushan Gupta Also directs: JBM Industries Limited, Arcelormittal Neel Tailored Blanks Private Limited, Neel Metal Products Limited and 5 more | Director | 15 Dec 2003 | 22 Years 10 Months | As last reported |
| Surendra Kumar Arya | Director | 02 Dec 2003 | 22 Years 10 Months | As last reported |
Auditor
Neel Auto Private Limited is audited by MEHRA GOEL & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHRA GOEL & CO | FY 2018 | 000517N |
Shareholding
The shareholding of Neel Auto Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Neel Auto Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jun 2013 | 10444225 | Hdfc Bank Limited | ₹20 Cr | Satisfied | |
| 30 May 2013 | 10436572 | Bajaj Finance Limited | ₹45 Cr | Satisfied | |
| 27 Aug 2009 | 10179460 | Canara Bank | ₹20 Cr | Satisfied | |
| 11 Feb 2009 | 10145619 | Canara Bank | ₹10 Cr | Satisfied | |
| 29 Sep 2006 | 10022975 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
To see the full charge records of Neel Auto Private Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
Neel Auto Private Limited has 1 deal on record (1 acquisition); the latest was in October 2012.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2012 | Acquisition | Undisclosed | Buyer: JBM Auto Limited Seller: Thai Summit Group |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Neel Auto Private Limited has 48 court cases on record: 32 filed by Neel Auto, 16 filed against it. 4 cases are pending and 44 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 14 | 3 |
| High courts | 13 | 2 | 1 |
Cases on record (5 of 48)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Execution petition | Filed against the company by Thomas and Company Pvt Ltd | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by M/S Thomas and Co. Pvt Ltd | Disposed |
| High Court of Uttarakhand | Court case (WPMS) | Filed by the company against The Employees Provident Fund Appellate Tribunal and 1 other | Pending |
| District court, Gurugram, Haryana | Civil miscellaneous application | Filed against the company by an individual | Pending |
| District court, Krishnagiri, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
To see the full case history of Neel Auto 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.
Credit ratings & regulatory alerts
Neel Auto Private Limited was last rated by Icra on 16 May 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 16 May 2019 |
To see the full credit ratings and regulatory alerts of Neel Auto Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neel Auto Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neel Auto Private Limited has a workforce of 337 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Neel Auto has 7 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Neel Auto Private Limited, buy the company report.
Recent activity
Neel Auto Private Limited has 20 board changes on record since 2003: 6 appointments and 14 cessations. The latest: Raj Kumar Maheshwari was appointed as CFO on 24 Apr 2017.
37 earlier events are in the company report.
Frequently asked questions
Neel Auto has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Neel Auto was a private limited company based in New Delhi, Delhi, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 02 December 2003 and is registered under CIN U34300DL2003PTC123285. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Neel Auto was incorporated on 02 December 2003. It is registered with the Registrar of Companies, Delhi.
Neel Auto had 6 directors and KMP:
- Esha Arya - Director
- Nishant Arya - Director
- Anand Swaroop - Director
- Bharat Bhushan Gupta - Director
- Surendra Kumar Arya - Director
- Raj Kumar Maheshwari - Cfo
The CIN (Corporate Identification Number) of Neel Auto is U34300DL2003PTC123285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Neel Auto is at 601 Hemkunt Chambers 89 Nehru Place, New Delhi, Delhi, India – 110019.
Neel Auto can be reached through the website jbm-group.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Neel Auto on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Neel Auto has 7 GST registrations on record and all of them are cancelled or inactive.
Neel Auto operated in the automotive industry, in the auto parts and components segment.