About Neelkantham Systems Private Limited
Data last updated:
Neelkantham Systems Private Limited is a private limited company based in Korba, Chhattisgarh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 10 January 2001.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51505CT2001PTC014514. Its GSTIN is 22AABCN9104G1ZV (Chhattisgarh). The company holds 7 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1.7 Lakh. It is led by directors including Karan Rana (Whole-Time Director) and Anuj Rana.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 15 Deendayal Market P.H.Road, Korba, Chhattisgarh, India – 495677.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.09 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹33.24 Lakh (net margin 2.4%) and EBITDA of ₹2.16 Cr (EBITDA margin 15.3%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 19% over five years.
The company has about 120 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.47 Cr and satisfied charges of ₹2.75 Cr on record. Court records list 24 cases involving the company, including 16 filed by the company and 6 filed against it; 7 cases are pending.
The last known website on record is neelkantham.kean.group.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 15 Deendayal Market P.H.Road, Korba, Chhattisgarh, India – 495677
- IndustryManufacturing, Construction Materials
- 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
- One PDF report, delivered after checkout
Business Activity of Neelkantham Systems Private Limited
The main business activity of Neelkantham Systems is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Neelkantham Systems Private Limited FY 2024 filings available
Neelkantham Systems Private Limited reported revenue of ₹14.09 Cr (down 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neelkantham Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 11% fall in the latest year. EBITDA rose 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 of Neelkantham Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.24 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 of Neelkantham Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Neelkantham Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Neelkantham Systems Private Limited
Neelkantham Systems 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 |
|---|---|---|---|---|
| Anuj Rana Also directs: Chhattisgarh Creative Private Limited, De Lex Inn Private Limited | Director | 21 Jan 2001 | 25 Years 8 Months | As last reported |
| Ashutosh Khemani | Irp/Rp/Liquidator | 17 Mar 2025 | 1 Years 7 Months | As last reported |
| Karan Rana Also directs: De Lex Inn Private Limited | Whole-Time Director | 16 Jan 2017 | 9 Years 9 Months | As last reported |
Peer Comparison of Neelkantham Systems Private Limited
Neelkantham Systems Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Construction Materials, Construction Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Niletech Infrabuild (OPC) Private Limited | ₹14.11 Cr (FY 2025) | •••• | •••• | 178.0% | •••• | New Delhi, Delhi, India |
| Icad Airports Private Limited | ₹14.11 Cr (FY 2024) | •••• | •••• | 221.0% | •••• | Noida, Uttar Pradesh, India |
| Forentec Engineers Private Limited | ₹14.11 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Ranchi, Jharkhand, India |
| Shivhare Retail Private Limited | ₹14.1 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Nagpur, Maharashtra, India |
| Navnath Infraproject Developers Private Limited | ₹14.1 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Atgaon, Maharashtra, India |
| Neelkantham Systems Private Limited this company | ₹14.09 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Korba, Chhattisgarh, India |
| RBL Minerals and Chemicals Private Limited | ₹14.08 Cr (FY 2025) | •••• | •••• | 35644.0% | •••• | Udaipur, Rajasthan, India |
| Rd Concrete Solutions Private Limited | ₹14.08 Cr (FY 2025) | •••• | •••• | 173.0% | •••• | Nagpur, Maharashtra, India |
| Montecarlo Construction Private Limited | ₹14.07 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Ahmedabad, Gujarat, India |
| House of Power Electricals Private Limited | ₹14.06 Cr (FY 2024) | •••• | •••• | 367.0% | •••• | Patna, Bihar, India |
| Open Access Electricity Private Limited | ₹14.06 Cr (FY 2024) | •••• | •••• | -40.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Neelkantham Systems by revenue in the Infrastructure industry (Construction Materials, Construction Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Neelkantham Systems Private Limited
Neelkantham Systems Private Limited is audited by LOKNATH PATEL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| LOKNATH PATEL & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Neelkantham Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Neelkantham Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Sep 2023 | Others | ₹22.11 Lakh | Open |
| 16 Dec 2021 | Others | ₹65 Lakh | Open |
| 29 Nov 2021 | Others | ₹76.77 Lakh | Open |
| 17 Aug 2020 | Others | ₹13.23 Cr | Open |
| 17 Jul 2020 | Others | ₹11.53 Lakh | Open |
Total charge records: 17 View all charges
Legal Cases of Neelkantham Systems Private Limited
Neelkantham Systems Private Limited has 24 court cases on record: 16 filed by Neelkantham Systems, 6 filed against it, 2 where it is another party. 7 cases are pending and 17 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 0 | 2 |
| District courts | 6 | 4 | 2 |
| NCLAT | 4 | 0 | 3 |
| Supreme Court | 2 | 2 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed by the company against Isgec Heavy Engineering Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against NTPC Limited | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against Petronet LNG Limited | Disposed |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed against the company by NTPC Limited | Disposed |
Full case history
All 24 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Neelkantham Systems Private Limited
Neelkantham Systems Private Limited has a workforce of 120 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Neelkantham Systems Private Limited
Neelkantham Systems Private Limited has 8 board changes on record since 2001: 3 appointments and 5 cessations. The latest: Ashutosh Khemani was appointed as Irp/Rp/Liquidator on 17 Mar 2025.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neelkantham Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Neelkantham Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Neelkantham Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Neelkantham Systems Private Limited
Neelkantham Systems has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCN9104G1ZV | Chhattisgarh | Active | 01 Jul 2017 |
| 27AABCN9104G1ZL | Maharashtra | Active | 01 Jul 2017 |
| 23AABCN9104G1ZT | Madhya Pradesh | Active | 20 Sep 2019 |
| 24AABCN9104G1ZR | Gujarat | Active | 11 Oct 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Neelkantham Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Neelkantham Systems Private Limited
Neelkantham Systems is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Neelkantham Systems is a company under insolvency, formerly operating as a private limited company based in Korba, Chhattisgarh, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 10 January 2001 and is registered under CIN U51505CT2001PTC014514. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Neelkantham Systems reported revenue of ₹14.09 Cr for FY 2024 (down 11% YoY).
Neelkantham Systems has 3 current directors:
- Karan Rana - Whole-Time Director
- Anuj Rana - Director
- Ashutosh Khemani - Irp/Rp/Liquidator
Neelkantham Systems reported a net profit of ₹33.24 Lakh (net margin 2.4%) and EBITDA of ₹2.16 Cr (EBITDA margin 15.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neelkantham Systems is -26% over three years and -19% over five years. In the latest year (FY 2024) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Neelkantham Systems is U51505CT2001PTC014514. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neelkantham Systems has open charges of ₹31.47 Cr and satisfied charges of ₹2.75 Cr as per latest MCA filings.
Neelkantham Systems has 24 court cases on record: 16 filed by the company and 6 filed against it. 7 are pending. Most are in the high courts.
Neelkantham Systems was incorporated on 10 January 2001. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Neelkantham Systems by revenue are Niletech Infrabuild (OPC) Private Limited, Icad Airports Private Limited, Forentec Engineers Private Limited, Shivhare Retail Private Limited, Navnath Infraproject Developers Private Limited and 5 more, all in the Infrastructure industry (Construction Materials, Construction Services).