MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0195679
Neetalene Textile Industries Private Limited
Neetalene Textile Industries Private Limited - home & lifestyle in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹13.97 Lakh
▲ 159% YoY
Net loss · FY 2024
₹13.4 Lakh
Net margin -95.9%
EBITDA · FY 2024
-₹12.06 Lakh
EBITDA margin -86.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹49.5 Lakh
Issued & subscribed
Satisfied charges
₹50 Lakh
No open charges
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings
About Neetalene Textile Industries Private Limited
Data last updated:
Neetalene Textile Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U18101MH2001PTC133382. Its GSTIN is 27AABCN6145P1ZZ (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹49.5 Lakh. It is led by directors Harsh Bharat Mehta (Managing Director) and Bharat Sharbatchand Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.97 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹13.4 Lakh (net margin -95.9%) and EBITDA of -₹12.06 Lakh (EBITDA margin -86.3%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 1% over five years.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record.
Neetalene Textile Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0195679). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U18101MH2001PTC133382
Registration Number 133382
Incorporation Date 17 September 2001
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
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0195679
Recognitions & Rankings of Neetalene Textile Industries
Contact details
Neetalene Textile Industries Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressShop No.2 Ground Floor Manav Classic F. P. 37 Tps III Simpoli Road No. 5 Borivali – We, St, Mumbai, Maharashtra, India – 400091
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Neetalene Textile Industries Private Limited, buy the company report.
Comprehensive company report
Neetalene Textile Industries 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 Neetalene Textile Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Neetalene Textile Industries Private Limited, buy the company report.
Financials of Neetalene Textile Industries Private Limited
FY 2025 filings availableNeetalene Textile Industries Private Limited reported revenue of ₹13.97 Lakh (up 159% YoY) for FY 2024.
Revenue · FY 2024
₹13.97 Lakh ▲ 159%
Net loss · FY 2024
₹13.4 Lakh margin -95.9%
EBITDA · FY 2024
-₹12.06 Lakh margin -86.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 159%
3 years · compounded
▲ 27%
5 years · compounded
▲ 1%
EBITDA CAGR growth
3 years · compounded
▼ 492%
5 years · compounded
▼ 42%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 159% growth 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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| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | -₹12.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.4 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Inventories | |||||
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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 | -86.3% | ||||
| Net Profit Margin | -95.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Neetalene Textile Industries Private Limited, buy the company report.
Board of directors of Neetalene Textile Industries Private Limited
Neetalene Textile Industries has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Bharat Mehta | Managing Director | 24 May 2019 | 7 Years 5 Months | Current |
| Bharat Sharbatchand Mehta | Director | 17 Sep 2001 | 25 Years 1 Months | Current |
Auditor
Neetalene Textile Industries Private Limited is audited by B. M. DHANESHA & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. M. DHANESHA & CO. | FY 2017 | 124411W |
Shareholding
The shareholding of Neetalene Textile Industries Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neetalene Textile Industries Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2005 | 90243788 | Bank of Baroda | ₹50 Lakh | Satisfied |
To see the full charge records of Neetalene Textile Industries Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Neetalene Textile Industries Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neetalene Textile Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neetalene Textile Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCN6145P1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neetalene Textile Industries Private Limited, buy the company report.
Recent activity
Neetalene Textile Industries Private Limited has 6 board changes on record since 2001: 2 appointments and 4 cessations. The latest: Bharat Sharbatchand Mehta ceased to be Managing Director on 01 Apr 2022.
AGM
Neetalene Textile Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neetalene Textile Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Bharat Sharbatchand Mehta ceased to be Managing Director.
Ceased
Harsh Bharat Mehta ceased to be Additional Director.
Ceased
Vikas Sharbatchand Mehta ceased to be Director.
Appointed
Harsh Bharat Mehta was appointed as Managing Director.
Charges
A charge registered on 04 Feb 2005 via Charge ID 90243788 with Bank Of Baroda was fully satisfied on 26 Apr 2017.
Ceased
Mukesh Sharbatchand Mehta ceased to be Director.
Charges
A charge with Bank Of Baroda amounted to Rs. 0.50 Cr with Charge ID 90243788 was registered on 04 Feb 2005.
Appointed
Bharat Sharbatchand Mehta was appointed as Director.
Incorporation
17 Sep 2001
Neetalene Textile Industries Private Limited was registered on 17 Sep 2001 with Roc Mumbai I & aged 25 years 1 month as per MCA records.
Frequently asked questions
Neetalene Textile Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 September 2001 (25+ years old) and is registered under CIN U18101MH2001PTC133382.
Neetalene Textile Industries has 2 current directors:
- Harsh Bharat Mehta - Managing Director
- Bharat Sharbatchand Mehta - Director
The latest financial statements of Neetalene Textile Industries 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 Neetalene Textile Industries is 27AABCN6145P1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neetalene Textile Industries is U18101MH2001PTC133382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neetalene Textile Industries was incorporated on 17 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Bharat Sharbatchand Mehta ceased to be Managing Director on 01 Apr 2022. Harsh Bharat Mehta ceased to be Additional Director on 30 Sep 2019. Vikas Sharbatchand Mehta ceased to be Director on 06 Aug 2019. Neetalene Textile Industries has 6 board changes on record in total.
Yes, Neetalene Textile Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0195679).
The registered office of Neetalene Textile Industries is at Shop No.2 Ground Floor Manav Classic F. P. 37 Tps III Simpoli Road No. 5 Borivali – We, St, Mumbai, Maharashtra, India – 400091.
Neetalene Textile Industries operates in the home and lifestyle industry, in the textile retail and distribution segment.
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