MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-13-0024469
Neelgund Developers and Builders Private Limited - real estate and construction in Hubli, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.76 Cr
▲ 39% YoY
Net loss · FY 2025
₹90.95 Lakh
Net margin -15.8%
EBITDA · FY 2025
-₹72.11 Lakh
EBITDA margin -12.5%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹1.49 Cr
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
26
Provident fund records
About Neelgund Developers and Builders Private Limited
Data last updated:
Neelgund Developers and Builders Private Limited is a private limited company based in Hubli, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U70102KA2009PTC050499. The company has 1 GST registration on record, which is no longer active.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 Cr. It is led by directors Asmanaaz Mohammad Suleman Neelgund (Managing Director) and Mohammad Suleman Mahaboobsab Neelagund.
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 T1 3rd Floor Kataria Trade Centre Koppikar Road, Hubli, Karnataka, India – 580020.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.76 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net loss of ₹90.95 Lakh (net margin -15.8%) and EBITDA of -₹72.11 Lakh (EBITDA margin -12.5%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 22% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.49 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
Neelgund Developers and Builders Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-13-0024469). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neelgund.com.
Company details
CIN U70102KA2009PTC050499
Registration Number 050499
Incorporation Date 28 July 2009
ROC Bangalore
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-KR-13-0024469
Key People
Asmanaaz Mohammad Suleman Neelgund Managing Director Mohammad Suleman Mahaboobsab Neelagund Director Recognitions & Rankings of Neelgund Developers and Builders
Contact details
Neelgund Developers and Builders Private Limited's registered office is in Hubli, Karnataka. Its website is neelgund.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressT1 3rd Floor Kataria Trade Centre Koppikar Road, Hubli, Karnataka, India – 580020
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neelgund Developers and Builders Private Limited, buy the company report.
Comprehensive company report
Neelgund Developers and Builders 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 Neelgund Developers and Builders is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Neelgund Developers and Builders Private Limited, buy the company report.
Financials of Neelgund Developers and Builders Private Limited
FY 2025 filings availableNeelgund Developers and Builders Private Limited reported revenue of ₹5.76 Cr (up 39% YoY) for FY 2025.
Revenue · FY 2025
₹5.76 Cr ▲ 39%
Net loss · FY 2025
₹90.95 Lakh margin -15.8%
EBITDA · FY 2025
-₹72.11 Lakh margin -12.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▼ 43%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 219%
3 years · compounded
▼ 42%
5 years · compounded
▼ 23%
Revenue rose 39% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 22%. EBITDA fell 219% 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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| Total Expenses | |||||
| EBITDA | -₹72.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹90.95 Lakh | ||||
| Balance Sheet | |||||
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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 | -12.5% | ||||
| Net Profit Margin | -15.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Neelgund Developers and Builders Private Limited, buy the company report.
Board of directors of Neelgund Developers and Builders Private Limited
Neelgund Developers and Builders has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohammad Suleman Mahaboobsab Neelagund Also directs: Neelgund Developers LLP, Neelgund Constructions LLP | Director | 28 Jul 2009 | 17 Years 2 Months | Current |
| Asmanaaz Mohammad Suleman Neelgund Also directs: Neelgund Developers LLP | Managing Director | 03 Jun 2010 | 16 Years 4 Months | Current |
Peer comparison
Neelgund Developers and Builders Private Limited is compared with the 3 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hamilton Land Developers Private Limited | ₹5.77 Cr (FY 2025) | -71.0% | Jalandhar, Punjab, India | |||
| Floreat Investments Private Limited | ₹5.77 Cr (FY 2025) | -73.0% | Mumbai, Maharashtra, India | |||
| Neelgund Developers and Builders Private Limitedthis company | ₹5.76 Cr (FY 2025) | -₹90.95 Lakh | -15.8% | 39.0% | 26 | Hubli, Karnataka, India |
| Elegant Plazza Private Limited | ₹5.75 Cr (FY 2024) | 168.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Neelgund Developers and Builders Private Limited, buy the company report.
Auditor
Neelgund Developers and Builders Private Limited is audited by YELAMALI ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| YELAMALI ASSOCIATES | FY 2019 | 006077S |
Shareholding
The shareholding of Neelgund Developers and Builders Private Limited is on record for 4 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 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Neelgund Developers and Builders Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.49 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2021 | 100505251 | Hdfc Bank Limited | ₹37.4 Lakh | Open | |
| 23 Mar 2017 | 100096397 | Karnataka State Financial Corporation | ₹47 Lakh | Open | |
| 30 Sep 2015 | 10601678 | Karnataka State Financial Corporation | ₹65 Lakh | Open |
To see the full charge records of Neelgund Developers and Builders Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Neelgund Developers and Builders Private Limited has 4 court cases on record: 1 filed by Neelgund Developers and Builders, 3 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DHARWAD, Karnataka | Civil suit | Filed by the company against The Branch Manager Thiripura Chits Pvt Limited and 1 other | Pending |
| District court, DHARWAD, Karnataka | Execution petition | Filed against the company by Sree Gokulam Chit and Finance Co. (P) Ltd., R/By Gpa Holder Krishnamurthy D.T. | Disposed |
| District court, DHARWAD, Karnataka | Civil suit | Filed against the company by individuals | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Neelgund Developers and Builders 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 Neelgund Developers and Builders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neelgund Developers and Builders Private Limited has a workforce of 26 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
GST
Neelgund Developers and Builders 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 Neelgund Developers and Builders Private Limited, buy the company report.
Recent activity
Neelgund Developers and Builders Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Asmanaaz Mohammad Suleman Neelgund ceased to be Director on 21 Apr 2024.
AGM
Neelgund Developers And Builders Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neelgund Developers And Builders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Asmanaaz Mohammad Suleman Neelgund ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.37 Cr with Charge ID 100505251 was registered on 31 Aug 2021.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 0.47 Cr with Charge ID 100096397 was registered on 23 Mar 2017.
Charges
A charge with Karnataka State Financial Corporation of Rs. 0.65 Cr registered on 30 Sep 2015 with Charge ID 10601678 was modified on 28 Dec 2016.
Charges
A charge with Karnataka State Financial Corporation amounted to Rs. 0.65 Cr with Charge ID 10601678 was registered on 30 Sep 2015.
Ceased
Sadique M Neelagund ceased to be Director.
Appointed
Asmanaaz Mohammad Suleman Neelgund was appointed as Managing Director.
Appointed
Mohammad Suleman Mahaboobsab Neelagund was appointed as Director.
Incorporation
28 Jul 2009
Neelgund Developers And Builders Private Limited was registered on 28 Jul 2009 with Roc Bangalore & aged 17 years 2 months as per MCA records.
Frequently asked questions
Neelgund Developers and Builders is an active private limited company based in Hubli, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 July 2009 (17+ years old) and is registered under CIN U70102KA2009PTC050499.
Neelgund Developers and Builders has 2 current directors:
- Asmanaaz Mohammad Suleman Neelgund - Managing Director
- Mohammad Suleman Mahaboobsab Neelagund - Director
The latest financial statements of Neelgund Developers and Builders 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. Neelgund Developers and Builders has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Neelgund Developers and Builders is U70102KA2009PTC050499. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelgund Developers and Builders has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending.
Neelgund Developers and Builders was incorporated on 28 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neelgund Developers and Builders by revenue are Hamilton Land Developers Private Limited, Floreat Investments Private Limited, Elegant Plazza Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Asmanaaz Mohammad Suleman Neelgund ceased to be Director on 21 Apr 2024. Sadique M Neelagund ceased to be Director on 27 Nov 2012. Asmanaaz Mohammad Suleman Neelgund was appointed as Managing Director on 03 Jun 2010. Neelgund Developers and Builders has 4 board changes on record in total.
Yes, Neelgund Developers and Builders is registered as a small enterprise under Udyam registration (number: UDYAM-KR-13-0024469).
Neelgund Developers and Builders can be reached through the website neelgund.com. Its registered office is in Hubli, Karnataka, India.