- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0141862

About Neelesh Industrial Agency Private Limited
Data last updated:
Neelesh Industrial Agency Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 06 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51397MH2000PTC127010. Its GSTIN is 27AAACE7345P1Z5 (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was formerly known as Elixir Healthcare Private Limited and Elixir Health Care Private Limited. It is led by directors Mitesh Kirit Babaria and Devansh Sharad Babaria.
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 Unit No.2 7th Floor B Wing Times Square Andheri Kurla Road Marol Andheri(E), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2024, the company reported a revenue of ₹60.82 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹4.36 Cr (net margin 7.2%) and EBITDA of ₹12.12 Cr (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 14% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹157.42 Cr and satisfied charges of ₹9.65 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Neelesh Industrial Agency Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0141862). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vrajindia.com.
Company details
Name history
Neelesh Industrial Agency has undergone 2 name changes throughout its history. The company was previously known as Elixir Healthcare Private Limited, and Elixir Health Care Private Limited. The current legal name is Neelesh Industrial Agency Private Limited.
| Company Name | Status |
|---|---|
| Neelesh Industrial Agency Private Limited | Current |
| Elixir Healthcare Private Limited | Previous |
| Elixir Health Care Private Limited | Previous |
Recognitions & Rankings of Neelesh Industrial Agency
Contact details
Neelesh Industrial Agency Private Limited's registered office is in Mumbai, Maharashtra. Its website is vrajindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No.2 7th Floor B Wing Times Square Andheri Kurla Road Marol Andheri(E), Mumbai, Maharashtra, India – 400059
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Neelesh Industrial Agency 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 Neelesh Industrial Agency is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Neelesh Industrial Agency Private Limited, buy the company report.
Financials of Neelesh Industrial Agency Private Limited
FY 2025 filings availableNeelesh Industrial Agency Private Limited reported revenue of ₹60.82 Cr (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 7% growth in the latest year. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹12.12 Cr | ||||
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| Net Profit (PAT) | ₹4.36 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.9% | ||||
| Net Profit Margin | 7.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Neelesh Industrial Agency Private Limited, buy the company report.
Board of directors of Neelesh Industrial Agency Private Limited
Neelesh Industrial Agency has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh Kirit Babaria | Director | 27 Sep 2001 | 25 Years 1 Months | Current |
| Devansh Sharad Babaria | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Neelesh Industrial Agency Private Limited is compared with the 3 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neelesh Industrial Agency Private Limitedthis company | ₹60.82 Cr (FY 2024) | ₹4.36 Cr | 7.2% | 7.0% | 46 | Mumbai, Maharashtra, India |
| Modi Chemplast Materials Private Limited | ₹60.8 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Kedia Pipes Private Limited | ₹60.16 Cr (FY 2025) | 101.0% | Kolkata, West Bengal, India | |||
| Prakratik Samvardhan Private Limited | ₹60.13 Cr (FY 2025) | 195.0% | Loni, Uttar Pradesh, India |
To see the full peer comparison of Neelesh Industrial Agency Private Limited, buy the company report.
Auditor
Neelesh Industrial Agency Private Limited is audited by Sheth & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sheth & Associates | FY 2023 | 110040W |
Shareholding
The shareholding of Neelesh Industrial Agency Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neelesh Industrial Agency Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2025 | 101196195 | Others | ₹30 Cr | Open | |
| 27 Oct 2021 | 100501674 | Others | ₹60 Cr | Open | |
| 04 May 2017 | 100102906 | Hdfc Bank Limited | ₹52.92 Cr | Open | |
| 30 Nov 2011 | 10323746 | Others | ₹14.5 Cr | Open | |
| 30 Apr 2010 | 10221947 | Dena Bank | ₹5.5 Cr | Satisfied |
To see the full charge records of Neelesh Industrial Agency Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Neelesh Industrial Agency Private Limited has 2 court cases on record: 2 filed by Neelesh Industrial Agency. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against Kalindi Enterprises Through Its Proprietor Chirag Pravin Sheth | Pending |
To see the full case history of Neelesh Industrial Agency 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neelesh Industrial Agency Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neelesh Industrial Agency Private Limited has a workforce of 46 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 46 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Neelesh Industrial Agency Private Limited, buy the company report.
GST
Neelesh Industrial Agency has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACE7345P1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neelesh Industrial Agency Private Limited, buy the company report.
Recent activity
Neelesh Industrial Agency Private Limited has 8 board changes on record since 2001: 2 appointments and 6 cessations. The latest: Kirit Vrajlal Babaria ceased to be Director on 20 Oct 2022.
13 earlier events are in the company report.
Frequently asked questions
Neelesh Industrial Agency is an active private limited company based in Mumbai, Maharashtra, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 06 June 2000 (26+ years old) and is registered under CIN U51397MH2000PTC127010.
Neelesh Industrial Agency has 2 current directors:
- Mitesh Kirit Babaria - Director
- Devansh Sharad Babaria - Director
The latest financial statements of Neelesh Industrial Agency 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 Neelesh Industrial Agency is 27AAACE7345P1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neelesh Industrial Agency is U51397MH2000PTC127010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelesh Industrial Agency has 2 court cases on record: 2 filed by the company. 2 are pending.
Neelesh Industrial Agency was incorporated on 06 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neelesh Industrial Agency by revenue are Modi Chemplast Materials Private Limited, Kedia Pipes Private Limited, Prakratik Samvardhan Private Limited, all in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading).
Kirit Vrajlal Babaria ceased to be Director on 20 Oct 2022. Devansh Sharad Babaria ceased to be Additional Director on 31 Dec 2020. Devansh Sharad Babaria was appointed as Director on 15 Sep 2020. Neelesh Industrial Agency has 8 board changes on record in total.
Yes, Neelesh Industrial Agency is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0141862).
Neelesh Industrial Agency can be reached through the website vrajindia.com. Its registered office is in Mumbai, Maharashtra, India.

