MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-14-0067699
Neev Credit Limited - financial services in Parganas North, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹15.35 Lakh
▼ 96% YoY
Net profit · FY 2024
₹4.02 Lakh
Net margin 26.2%
EBITDA · FY 2024
-₹11.8 Cr
Latest filing
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹5.03 Cr
Issued & subscribed
Satisfied charges
₹2 Cr
No open charges
Company age
30 yrs
Est. 1996
Employees · EPFO
10
Provident fund records
About Neev Credit Limited
Data last updated:
Neev Credit Limited is a public limited company based in Parganas North, West Bengal, India. It operates in the financial services and investment segment of the financial services sector. It was incorporated on 23 January 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U65923WB1996PLC076763. Its GSTIN is 19AADCS6777Q1Z9 (West Bengal). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.03 Cr. It was formerly known as Shyamji Properties Pvt Ltd. It is led by directors including Amit Jaiswal and Samir Agarwal.
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 Room Number 408 4th Floor Ps Ixl Building Atghora Chinar Park, Parganas North, West Bengal, India – 700136.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.35 Lakh, a decline of 96% compared to the previous year. For the same year it recorded a net profit of ₹4.02 Lakh (net margin 26.2%) and EBITDA of -₹11.8 Cr. Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 44% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neev Finance. As per MCA filings, the company has satisfied charges of ₹2 Cr on record. Court records list 13 cases involving the company, including 13 filed by the company; 9 cases are pending. The company has 11 deals on record (6 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹1.1 Cr; the latest was in March 2022. Its 6 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 4 larger and 2 smaller; the largest is Arkay International Finsec Limited with revenue of ₹15.38 Lakh.
Neev Credit Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-14-0067699). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neevfinance.com.
Company details
CIN U65923WB1996PLC076763
Registration Number 076763
Incorporation Date 23 January 1996
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-14-0067699
CIN history
Neev Credit has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65923WB1996PLC076763, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65923WB1996PLC076763 | Current |
| U65923WB1996PTC076763 | Previous |
| U70101WB1996PTC076763 | Previous |
Recognitions & Rankings of Neev Credit
Contact details
Neev Credit Limited's registered office is in Parganas North, West Bengal. Its website is neevfinance.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressRoom Number 408 4th Floor Ps Ixl Building Atghora Chinar Park, Parganas North, West Bengal, India – 700136
- IndustryFinancial Services, Financial Activities
To see the full contact details of Neev Credit Limited, buy the company report.
Comprehensive company report
Neev Credit 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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Brands
Neev Credit operates one associated brand: Neev Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Short-term loans for K-12 school fees are offered to parents. | neevfinance.com |
Business activity
The main business activity of Neev Credit is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Neev Credit Limited, buy the company report.
Financials of Neev Credit Limited
FY 2024 filings availableNeev Credit Limited reported revenue of ₹15.35 Lakh (down 96% YoY) for FY 2024.
Revenue · FY 2024
₹15.35 Lakh ▼ 96%
Net profit · FY 2024
₹4.02 Lakh margin 26.2%
EBITDA · FY 2024
-₹11.8 Cr
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 63%
5 years · compounded
▼ 44%
EBITDA CAGR growth
3 years · compounded
▼ 156%
5 years · compounded
▼ 157%
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 96% fall 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 |
|---|---|---|---|---|---|
| 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 | -₹11.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.02 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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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 | |||||
| Net Profit Margin | 26.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Neev Credit Limited, buy the company report.
Board of directors and KMP of Neev Credit Limited
Neev Credit Limited currently reports 3 directors and 1 key managerial person. 10 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jaiswal Also directs: Jas Fintech Private Limited | Director | 19 Jan 2016 | 10 Years 9 Months | Current |
| Nikhil Saraf Also directs: Jas Fintech Private Limited, Iris Clothings Limited, Hnisqr Technologies Private Limited and 5 more | Ceo | 14 Feb 2019 | 7 Years 8 Months | Current |
| Samir Agarwal Also directs: Godawari Power and Ispat Limited, Jas Fintech Private Limited, Indcap Advisors Private Limited and 3 more | Director | 22 Apr 2019 | 7 Years 6 Months | Current |
| Kavita Agarwal Also directs: Indcap Advisors Private Limited, Ask Financial Advisors Private Limited, Indcap M&A Advisors Private Limited and 1 more | Director | 25 Nov 2019 | 6 Years 11 Months | Current |
Peer comparison
Neev Credit Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arkay International Finsec Limited | ₹15.38 Lakh (FY 2025) | 2.0% | Jaipur, Rajasthan, India | |||
| CRG Trading & Finvest Pvt Ltd | ₹15.38 Lakh (FY 2019) | 17.0% | Moradabad, Uttar Pradesh, India | |||
| Jadko Finance Private Limited | ₹15.36 Lakh (FY 2025) | -80.0% | Kolkata, West Bengal, India | |||
| Coromandal Merchants Pvt Ltd | ₹15.36 Lakh (FY 2024) | -33.0% | Kolkata, West Bengal, India | |||
| Neev Credit Limitedthis company | ₹15.35 Lakh (FY 2024) | ₹4.02 Lakh | 26.2% | -96.0% | 10 | Parganas North, West Bengal, India |
| V Gandhi Fin-Vest Pvt Ltd | ₹15.35 Lakh (FY 2023) | -17.0% | West Bengal, India | |||
| Armour Commotrade Pvt. Ltd. | ₹15.33 Lakh (FY 2024) | 5.0% | Ps Magra, West Bengal, India |
To see the full peer comparison of Neev Credit Limited, buy the company report.
Auditor
Neev Credit Limited is audited by S.Lilha & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.Lilha & Associates | FY 2023 | 328053E |
Shareholding
The shareholding of Neev Credit Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neev Credit Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2018 | 100194396 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Neev Credit Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Neev Credit Limited has 11 deals on record (6 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹1.1 Cr; the latest was in March 2022.
Total deals
11
Secondary share transfers
6
Rights issues
4
Funding round
1
Disclosed funding
₹1.1 Cr
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹1.1 Cr | Investors: Premsons Diversey Private Limited , 3 individuals |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2019 | Rights issue | ₹60 Lakh | Investors: Ask Financial Advisors Private Limited |
| Mar 2018 | Rights issue | ₹1.25 Cr | Investors: Ask Financial Advisors Private Limited , 3 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Shree Sanyogita Trade Private Limited, 3 individuals |
To see the full deal history of Neev Credit Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Neev Credit Limited has 13 court cases on record: 13 filed by Neev Credit. 9 cases are pending and 4 are disposed.
Total cases
13
Filed by the company
13
Pending
9
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 13 | 0 | 9 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Way2course Edutech Private Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Neev Credit 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 Neev Credit Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neev Credit Limited has a workforce of 10 employees on its EPFO records as of Apr 02, 2025, across 1 active EPFO establishment.
Employee count
10
Active EPFO establishments
1
Employee growth
-16.67%
GST
Neev Credit has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS6777Q1Z9 | West Bengal | Active | 22 Aug 2017 |
| 27AADCS6777Q1ZC | Maharashtra | Active | 06 Oct 2017 |
| 29AADCS6777Q1Z8 | Karnataka | Active | 10 Oct 2017 |
To see the full GST registrations and return filing status of Neev Credit Limited, buy the company report.
Recent activity
Neev Credit Limited has 15 board changes on record since 2016: 6 appointments and 9 cessations. The latest: Gurmit Singh ceased to be Additional Director on 06 Feb 2025.
Ceased
Gurmit Singh ceased to be Additional Director.
Appointed
Gurmit Singh was appointed as Director.
AGM
Neev Credit Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Ankit Jajodia ceased to be Additional Director.
Ceased
Prabhu Nath Ojha ceased to be Additional Director.
Appointed
Ankit Jajodia was appointed as Director.
Filing
Neev Credit Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Charges
A charge registered on 30 Jun 2018 via Charge ID 100194396 with Others was fully satisfied on 24 Aug 2021.
Ceased
Kavita Agarwal ceased to be Additional Director.
Ceased
Nikhil Saraf ceased to be Director.
Appointed
Kavita Agarwal was appointed as Director.
Ceased
Rishi Kedia ceased to be Director.
8 earlier events are in the company report.
Frequently asked questions
Neev Credit is an active public limited company based in Parganas North, West Bengal, India. The company works in financial activities, within the financial services industry. It was incorporated on 23 January 1996 (30+ years old) and is registered under CIN U65923WB1996PLC076763.
Neev Credit has 4 current directors and KMP:
- Amit Jaiswal - Director
- Samir Agarwal - Director
- Kavita Agarwal - Director
- Nikhil Saraf - Ceo
The latest financial statements of Neev Credit on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Neev Credit is 19AADCS6777Q1Z9, registered in West Bengal. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCS6777Q1ZC (Maharashtra), 29AADCS6777Q1Z8 (Karnataka).
The CIN (Corporate Identification Number) of Neev Credit is U65923WB1996PLC076763. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neev Credit has 13 court cases on record: 13 filed by the company. 9 are pending.
Neev Credit was incorporated on 23 January 1996, making it 30+ years old. It is registered with the Registrar of Companies, Kolkata.
Neev Credit has 11 deals on record (6 secondary share transfers, 4 rights issues, 1 funding round), with disclosed funding of ₹1.1 Cr; the latest was in March 2022.
The peers of Neev Credit by revenue are Arkay International Finsec Limited, CRG Trading & Finvest Pvt Ltd, Jadko Finance Private Limited, Coromandal Merchants Pvt Ltd, V Gandhi Fin-Vest Pvt Ltd and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Gurmit Singh ceased to be Additional Director on 06 Feb 2025. Gurmit Singh was appointed as Director on 14 Jan 2025. Ankit Jajodia ceased to be Additional Director on 06 Sep 2024. Neev Credit has 15 board changes on record in total.
Yes, Neev Credit is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-14-0067699).
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