Neela Madhav Ltd
About Neela Madhav Ltd
Data last updated:
Neela Madhav Ltd is a public limited company based in Kolkata, West Bengal, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 21 April 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U17299WB1983PLC036221.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.45 Cr. It is led by directors including Mohan Lal Khaitan (Whole-Time Director) and Prarthana Khaitan.
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 19 Synagogue Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.38 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹50.91 Lakh (net margin -1.9%) and EBITDA of -₹48.1 Lakh (EBITDA margin -1.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 58% over five years.
Court records list 12 cases involving the company, including 12 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Neela Madhav Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address19 Synagogue Street, Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Neela Madhav Ltd, 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 Neela Madhav is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Neela Madhav Ltd, buy the company report.
Financials of Neela Madhav Ltd
FY 2025 filings availableNeela Madhav Ltd reported revenue of ₹26.38 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 4% growth in the latest year. EBITDA fell 157% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹48.1 Lakh | ||||
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| Net Profit (PAT) | -₹50.91 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -1.9% | ||||
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To see the full financial statements and ratios of Neela Madhav Ltd, buy the company report.
Board of directors of Neela Madhav Ltd
Neela Madhav has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prarthana Khaitan Also directs: Shree Agencies Private Limited | Director | 14 Oct 2022 | 4 Years 0 Months | Current |
| Mohan Lal Khaitan | Whole-Time Director | 09 Jul 1987 | 39 Years 3 Months | Current |
| Mukund Khaitan | Director | 30 Oct 2001 | 24 Years 11 Months | Current |
Peer comparison
Neela Madhav Ltd is compared with the 3 companies closest to it by revenue in the BFSI industry (Investment Banking), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Galactico Corporate Services Limited | ₹28.65 Cr (FY 2025) | 16.0% | Nashik, Maharashtra, India | |||
| Neela Madhav Ltdthis company | ₹26.38 Cr (FY 2025) | -₹50.91 Lakh | -1.9% | 4.0% | Kolkata, West Bengal, India | |
| RBP Holdings Private Limited | ₹25.32 Cr (FY 2025) | -66.0% | Mumbai, Maharashtra, India | |||
| HSJ Investments and Holdings Private Limited | ₹22.35 Cr (FY 2025) | -48.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Neela Madhav Ltd, buy the company report.
Auditor
Neela Madhav Ltd is audited by GOLCHHA DAGA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOLCHHA DAGA & ASSOCIATES | FY 2020 | 329677E |
Shareholding
The shareholding of Neela Madhav Ltd is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Neela Madhav Ltd, buy the company report.
Legal cases
Neela Madhav Ltd has 12 court cases on record: 12 filed by Neela Madhav. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Court case (EJEX) | Filed by the company against individuals | Disposed |
| District court, Calcutta, West Bengal | Court case (EJ) | Filed by the company against individuals | Disposed |
| District court, Calcutta, West Bengal | Court case (TS) | Filed by the company against an individual | Disposed |
| District court, Calcutta, West Bengal | Court case (EJ) | Filed by the company against individuals | Disposed |
To see the full case history of Neela Madhav Ltd, 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neela Madhav Ltd; 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 Neela Madhav Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neela Madhav Ltd has 8 board changes on record since 1987: 3 appointments and 5 cessations. The latest: Prarthana Khaitan ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Neela Madhav is an active public limited company based in Kolkata, West Bengal, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 21 April 1983 (43+ years old) and is registered under CIN U17299WB1983PLC036221.
Neela Madhav has 3 current directors:
- Mohan Lal Khaitan - Whole-Time Director
- Prarthana Khaitan - Director
- Mukund Khaitan - Director
The latest financial statements of Neela Madhav 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 Neela Madhav is U17299WB1983PLC036221. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neela Madhav has 12 court cases on record: 12 filed by the company.
Neela Madhav was incorporated on 21 April 1983, making it 43+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Neela Madhav by revenue are Galactico Corporate Services Limited, RBP Holdings Private Limited, HSJ Investments and Holdings Private Limited, all in the BFSI industry (Investment Banking), with the same principal business activity (other financial activities).
Prarthana Khaitan ceased to be Additional Director on 29 Sep 2023. Prarthana Khaitan was appointed as Director on 14 Oct 2022. Santosh Khaitan ceased to be Director on 10 Oct 2022. Neela Madhav has 8 board changes on record in total.
The registered office of Neela Madhav is at 19 Synagogue Street, Kolkata, West Bengal, India – 700001.
Neela Madhav operates in the financial services industry, in the investment banking and advisory segment.
The compliance status of Neela Madhav is compliant as of 15 September 2026. The company is actively filing with the Registrar of Companies.