Neel White Exports Private Limited

Neel White Exports Private Limited - consumer goods in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U51398MH1994PTC080329 Incorporated 12 August 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2024
₹13.88 Cr
▼ 43% YoY
Net profit · FY 2024
₹11.46 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹53.64 Lakh
EBITDA margin 3.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹5.5 Cr
Satisfied ₹6 Cr
Company age
32 yrs
Est. 1994
Directors on board
2
As per MCA filings

About Neel White Exports Private Limited

Data last updated:

Neel White Exports Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the jewelry and gemstone retail and distribution segment of the consumer goods sector. It was incorporated on 12 August 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51398MH1994PTC080329. Its GSTIN is 27AAACH6982M1ZZ (Maharashtra).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Hiralal Chhaganlal (Exports) Private Limited. It is led by directors Shobhana Naresh Mehta and Ekta Kevin Jogani.

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 604 Panchratna Bldg Opera House, Mumbai, Maharashtra, India – 400004.

As per the financials filed for FY 2024, the company reported a revenue of ₹13.88 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹11.46 Lakh (net margin 0.8%) and EBITDA of ₹53.64 Lakh (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹5.5 Cr and satisfied charges of ₹6 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.

Neel White Exports Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0088518). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51398MH1994PTC080329
Registration Number 080329
Incorporation Date 12 August 1994
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
MSME Classification Small
Udyam Registration UDYAM-MH-19-0088518

Recognitions & Rankings of Neel White Exports

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-19-0088518

Contact details

Neel White Exports Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    604 Panchratna Bldg Opera House, Mumbai, Maharashtra, India – 400004
  • Industry
    Consumer Goods, Jewelry & Gemstone Retail & Distribution

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

Comprehensive company report
Neel White Exports 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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Business activity

The main business activity of Neel White Exports is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Neel White Exports Private Limited, buy the company report.

Financials of Neel White Exports Private Limited

FY 2025 filings available

Neel White Exports Private Limited reported revenue of ₹13.88 Cr (down 43% YoY) for FY 2024.

Revenue · FY 2024
₹13.88 Cr ▼ 43%
Net profit · FY 2024
₹11.46 Lakh margin 0.8%
EBITDA · FY 2024
₹53.64 Lakh margin 3.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 9%
5 years · compounded
▼ 3%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▲ 16%
5 years · compounded
▲ 9%

Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 43% fall in the latest year. EBITDA fell 39% 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₹53.64 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11.46 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 Margin3.9%
Net Profit Margin0.8%
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 White Exports Private Limited, buy the company report.

Board of directors of Neel White Exports Private Limited

Neel White Exports has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shobhana Naresh MehtaDirector25 Mar 200323 Years 7 MonthsCurrent
Ekta Kevin JoganiAdditional Director25 Jul 20251 Years 3 MonthsCurrent

Peer comparison

Neel White Exports Private Limited is compared with the 7 companies closest to it by revenue in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ginnis Sons Private Ltd₹14.05 Cr (FY 2025)1.0%Dibrugarh, Assam, India
Vasudev Gems & Jewels Private Limited₹13.95 Cr (FY 2024)91.0%Gorakhpur, Uttar Pradesh, India
Vip Jewellers Private Limited₹13.95 Cr (FY 2025)21.0%Delhi, India
Veetrag Merchandise Private Limited₹13.91 Cr (FY 2025)-12.0%Bhilwara, Rajasthan, India
Neel White Exports Private Limitedthis company₹13.88 Cr (FY 2024)₹11.46 Lakh0.8%-43.0%Mumbai, Maharashtra, India
Satish Chandra Sarraf Private Limited₹13.79 Cr (FY 2024)24.0%Kanpur, Uttar Pradesh, India
Suman Jewels Private Limited₹13.74 Cr (FY 2021)25.0%Mumbai, Maharashtra, India
Shree Ratnamani Jewels Private Limited₹13.61 Cr (FY 2024)8.0%Mumbai, Maharashtra, India

To see the full peer comparison of Neel White Exports Private Limited, buy the company report.

Auditor

Neel White Exports Private Limited is audited by D G PAREKH & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
D G PAREKH & COFY 2022033965

Shareholding

The shareholding of Neel White Exports 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 White Exports Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.5 Cr
Satisfied charges
₹6 Cr
Breakdown by lending institutions
Others₹5.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Nov 2021100501217Others₹50 LakhOpen
20 Nov 2021100501220Others₹5 CrOpen
21 Jun 200610008506Bank of India₹4 CrSatisfied
21 Jun 200610012001Bank of India₹2 CrSatisfied

To see the full charge records of Neel White Exports Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

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

GST

Neel White Exports has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACH6982M1ZZMaharashtraActive01 Jul 2017

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

Recent activity

Neel White Exports Private Limited has 4 board changes on record since 1994: 3 appointments and 1 cessation. The latest: Naresh Nagindas Mehta ceased to be Director on 26 Jul 2025.

AGM
Neel White Exports Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Naresh Nagindas Mehta ceased to be Director.
Appointed
Ekta Kevin Jogani was appointed as Additional Director.
Filing
Neel White Exports Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others of Rs. 500.00 Lakh registered on 20 Nov 2021 with Charge ID 100501220 was modified on 22 Jan 2025.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100501217 was registered on 20 Nov 2021.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100501220 was registered on 20 Nov 2021.
Charges
A charge registered on 21 Jun 2006 via Charge ID 10008506 with Bank Of India was fully satisfied on 30 Apr 2019.
Charges
A charge registered on 21 Jun 2006 via Charge ID 10012001 with Bank Of India was fully satisfied on 30 Apr 2019.
Charges
A charge with Bank Of India of Rs. 400.00 Lakh registered on 21 Jun 2006 with Charge ID 10008506 was modified on 15 Mar 2011.
Charges
A charge with Bank Of India of Rs. 200.00 Lakh registered on 21 Jun 2006 with Charge ID 10012001 was modified on 15 Mar 2011.
Charges
A charge with Bank Of India amounted to Rs. 400.00 Lakh with Charge ID 10008506 was registered on 21 Jun 2006.

4 earlier events are in the company report.

Frequently asked questions

Neel White Exports is an active private limited company based in Mumbai, Maharashtra, India. The company works in jewelry and gemstone retail and distribution, within the consumer goods industry. It was incorporated on 12 August 1994 (32+ years old) and is registered under CIN U51398MH1994PTC080329.

Neel White Exports has 2 current directors:

The latest financial statements of Neel White Exports 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 Neel White Exports is 27AAACH6982M1ZZ, registered in Maharashtra.

The CIN (Corporate Identification Number) of Neel White Exports is U51398MH1994PTC080329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neel White Exports has 2 court cases on record: 2 filed by the company.

Neel White Exports was incorporated on 12 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Neel White Exports by revenue are Ginnis Sons Private Ltd, Vasudev Gems & Jewels Private Limited, Vip Jewellers Private Limited, Veetrag Merchandise Private Limited, Satish Chandra Sarraf Private Limited and 2 more, all in the Consumer Products industry (Jewellery and Gems Retail and Distribution), with the same principal business activity (wholesale trading).

Naresh Nagindas Mehta ceased to be Director on 26 Jul 2025. Ekta Kevin Jogani was appointed as Additional Director on 25 Jul 2025. Shobhana Naresh Mehta was appointed as Director on 25 Mar 2003. Neel White Exports has 4 board changes on record in total.

Yes, Neel White Exports is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0088518).

The registered office of Neel White Exports is at 604 Panchratna Bldg Opera House, Mumbai, Maharashtra, India – 400004.