Neer Green Private Limited - manufacturing in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U01500MH2013PTC248245 Incorporated 16 September 2013 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company manufacturing
Data last updated
Revenue · FY 2024
₹50.92 Cr
▲ 61% YoY
Net profit · FY 2024
₹1.03 Cr
Net margin 2%
EBITDA · FY 2024
₹3.51 Cr
EBITDA margin 6.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹14.88 Cr
Satisfied ₹1.1 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
37
Provident fund records

About Neer Green Private Limited

Data last updated:

Neer Green Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 16 September 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01500MH2013PTC248245. Its GSTIN is 27AAECN5175G1ZB (Maharashtra). The company holds 6 GST registrations, all of them active.

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Neer Irrigation Private Limited. It is led by directors Deepak Meghji Savla and Aakash Deepak Savla.

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 Park Near Shangrila Water Park, Thane, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹50.92 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹1.03 Cr (net margin 2%) and EBITDA of ₹3.51 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 30% over five years.

The company has about 37 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹14.88 Cr and satisfied charges of ₹1.1 Cr on record. Court records list 20 cases involving the company, including 20 filed by the company; 15 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neerirrigation.com.

Company details

CIN U01500MH2013PTC248245
Registration Number 248245
Incorporation Date 16 September 2013
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

Contact details

Neer Green Private Limited's registered office is in Thane, Maharashtra. Its website is neerirrigation.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    20/21 Jainam Indl.Park Near Shangrila Water Park Post – Kukse Borivali Mumbai – Nasik Highwa, Y Bhiwandi, Thane, Maharashtra, India – 421302
  • Industry
    Manufacturing, Pipe & Tubes

To see the full contact details of Neer Green Private Limited, buy the company report.

Comprehensive company report
Neer Green 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 Neer Green is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA4Support activities to agriculture and Other Activities including hunting

To see the full business activity and turnover split of Neer Green Private Limited, buy the company report.

Financials of Neer Green Private Limited

FY 2025 filings available

Neer Green Private Limited reported revenue of ₹50.92 Cr (up 61% YoY) for FY 2024.

Revenue · FY 2024
₹50.92 Cr ▲ 61%
Net profit · FY 2024
₹1.03 Cr margin 2%
EBITDA · FY 2024
₹3.51 Cr margin 6.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 61%
3 years · compounded
▲ 46%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 17%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 61% growth in the latest year. EBITDA rose 33% 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₹3.51 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.03 Cr
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 Margin6.9%
Net Profit Margin2%
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 Neer Green Private Limited, buy the company report.

Board of directors of Neer Green Private Limited

Neer Green has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Deepak Meghji SavlaDirector16 Sep 201313 Years 1 MonthsCurrent
Aakash Deepak SavlaDirector23 Jan 201511 Years 9 MonthsCurrent

Auditor

Neer Green Private Limited is audited by H.S.P & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
H.S.P & AssociatesFY 2023127828W

Shareholding

The shareholding of Neer Green 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Neer Green Private Limited, buy the company report.

Charges & borrowings

Open charges
₹14.88 Cr
Satisfied charges
₹1.1 Cr
Breakdown by lending institutions
Canara Bank₹14.40 Cr
Others₹0.22 Cr
Indian Overseas Bank₹0.20 Cr
Hdfc Bank Limited₹0.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Aug 2025101146632Indian Overseas Bank₹20 LakhOpen
16 Apr 2024100914431Others₹22 LakhOpen
02 Feb 2024100905586Hdfc Bank Limited₹6 LakhOpen
02 Nov 2021100514789Canara Bank₹70 LakhOpen
24 Jan 2017100078869Canara Bank₹13.7 CrOpen

To see the full charge records of Neer Green Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

Neer Green Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 37)

SupplierAmount dueDue sinceReported on
Sadguru Pipes
Automat Irrigation Private Limited
Automat Industries Private Limited
an individual supplier
an individual supplier

To see the full MSME payment records of Neer Green Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Neer Green Private Limited has a workforce of 37 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
37
Active EPFO establishments
1
Employee growth
8.82%

GST

Neer Green has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
27AAECN5175G1ZBMaharashtraActive01 Jul 2017
27AAECN5175G2ZAMaharashtraActive06 Mar 2025
08AAECN5175G1ZBRajasthanActive01 Jul 2017
23AAECN5175G1ZJMadhya PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Neer Green Private Limited, buy the company report.

Recent activity

Neer Green Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Vandana Deepak Savla ceased to be Director on 05 Sep 2018.

AGM
Neer Green Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Indian Overseas Bank amounted to Rs. 20.00 Lakh with Charge ID 101146632 was registered on 07 Aug 2025.
Filing
Neer Green Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 21 Oct 2020 via Charge ID 100392498 with Canara Bank was fully satisfied on 29 Mar 2025.
Charges
A charge with Canara Bank of Rs. 1,370.00 Lakh registered on 24 Jan 2017 with Charge ID 100078869 was modified on 12 Jun 2024.
Charges
A charge with Others amounted to Rs. 22.00 Lakh with Charge ID 100914431 was registered on 16 Apr 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Lakh with Charge ID 100905586 was registered on 02 Feb 2024.
Charges
A charge with Canara Bank amounted to Rs. 70.00 Lakh with Charge ID 100514789 was registered on 02 Nov 2021.
Charges
A charge with Canara Bank amounted to Rs. 110.00 Lakh with Charge ID 100392498 was registered on 21 Oct 2020.
Ceased
Vandana Deepak Savla ceased to be Director.
Ceased
Kasturben Meghji Savla ceased to be Director.
Ceased
Meghji Palan Savla ceased to be Director.

5 earlier events are in the company report.

Frequently asked questions

Neer Green is an active private limited company based in Thane, Maharashtra, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 16 September 2013 (13+ years old) and is registered under CIN U01500MH2013PTC248245.

Neer Green has 2 current directors:

The latest financial statements of Neer Green 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 Neer Green is 27AAECN5175G1ZB, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAECN5175G2ZA (Maharashtra), 08AAECN5175G1ZB (Rajasthan), 23AAECN5175G1ZJ (Madhya Pradesh).

The CIN (Corporate Identification Number) of Neer Green is U01500MH2013PTC248245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Neer Green has 20 court cases on record: 20 filed by the company. 15 are pending. Most are in the district courts.

Neer Green was incorporated on 16 September 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Vandana Deepak Savla ceased to be Director on 05 Sep 2018. Kasturben Meghji Savla ceased to be Director on 01 Mar 2017. Meghji Palan Savla ceased to be Director on 01 Mar 2017. Neer Green has 6 board changes on record in total.

Neer Green has 9 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 37 micro and small suppliers. The latest return was filed on 28 Apr 2024.

Neer Green can be reached through the website neerirrigation.com. Its registered office is in Thane, Maharashtra, India.

The registered office of Neer Green is at 2021 Jainam Indl.Park Near Shangrila Water Park Post – Kukse Borivali Mumbai – Nasik Highwa, Y Bhiwandi, Thane, Maharashtra, India – 421302.