Neev Energy Development Private Limited
About Neev Energy Development Private Limited
Data last updated:
Neev Energy Development Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Neev Energy Pte. Ltd.. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 04 March 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2020PTC338555. Its GSTIN is 27AAGCN9061R1ZL (Maharashtra).
The company has an authorised share capital of ₹25.1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Kothari Aarti Dhanraj and Prashant Gaonkar Muralidhar.
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 4th Floor 402A Poonam Chambers A Wing Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.72 Cr, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹1.09 Cr (net margin -63.1%) and EBITDA of -₹64.2 Lakh (EBITDA margin -37.3%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- WebsiteLocked
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- Registered Address4th Floor 402A Poonam Chambers A Wing Dr. Annie Besant Road Worli, Mumbai, Maharashtra, India – 400018
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Neev Energy Development Private Limited
The main business activity of Neev Energy Development is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | 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 Neev Energy Development Private Limited FY 2025 filings available
Neev Energy Development Private Limited reported revenue of ₹1.72 Cr (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neev Energy Development Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 17% over three years, including a 48% fall in the latest year. EBITDA rose 83% 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 Neev Energy Development 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 | -₹64.2 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.09 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 of Neev Energy Development Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -37.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -63.1% | •••• | •••• | •••• | •••• |
| 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 Neev Energy Development are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Neev Energy Development Private Limited
Neev Energy Development Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Goldust Technologies Private Limited | ₹1.73 Cr (FY 2024) | •••• | •••• | 14524.0% | •••• | Bhopal, Madhya Pradesh, India |
| Dishachi Solar Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | •••• | Surat, Gujarat, India | |
| Kiranotics India Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Agra, Uttar Pradesh, India |
| Vgcon Systems Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Hyderabad, Telangana, India |
| Voltece Engineering Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Chiplun, Maharashtra, India |
| Neev Energy Development Private Limited this company | ₹1.72 Cr (FY 2024) | •••• | •••• | -48.0% | •••• | Mumbai, Maharashtra, India |
| Pasupati Impex Private Limited | ₹1.72 Cr (FY 2016) | •••• | •••• | 25.0% | •••• | Delhi, India |
| Launmark India Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 33.0% | •••• | Cherthala, Kerala, India |
| Reliant Intrepid Services Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Lucknow, Uttar Pradesh, India |
| Tastech Innovations Private Limited | ₹1.72 Cr (FY 2024) | •••• | •••• | 68.0% | •••• | Mangrol, Gujarat, India |
| Shrinath Decoware Private Limited | ₹1.72 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Udaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Neev Energy Development by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Neev Energy Development Private Limited
Neev Energy Development Private Limited is audited by JVJ & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JVJ & 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.
Board of Directors of Neev Energy Development Private Limited
Neev Energy Development has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kothari Aarti Dhanraj Also directs: Neev Energy LLP | Director | 18 Feb 2022 | 4 Years 7 Months | Current |
| Prashant Gaonkar Muralidhar Also directs: Neev Energy LLP, Eden Alternative Resources LLP, Incotex Agro Private Limited and 3 more | Director | 30 Oct 2020 | 5 Years 11 Months | Current |
Ownership and Shareholding of Neev Energy Development 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 Neev Energy Development Private Limited
Neev Energy Development Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Neev Energy Development Private Limited
Neev Energy Development Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Pending |
Full case history
All 1 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.
MSME Payment Delays by Neev Energy Development Private Limited
Neev Energy Development Private Limited has 8 MSME Form 1 returns on record between 2021 and 2023, listing 37 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Chaipertech Electronics Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Neev Energy Development Private Limited
Employment history and EPFO contributions of people linked to Neev Energy Development.
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.
Group Structure of Neev Energy Development Private Limited
Neev Energy Development has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Neev Energy Development Private Limited
Neev Energy Development Private Limited has 7 board changes on record since 2020: 2 appointments and 5 cessations. The latest: Amit Kumar Sinha ceased to be Company Secretary on 15 May 2024.
Credit Ratings, Litigation & Regulatory Alerts for Neev Energy Development 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.
Subsidiaries & Group Companies of Neev Energy Development 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 Neev Energy Development Private Limited
Neev Energy Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCN9061R1ZL | Maharashtra | Active | 22 Oct 2020 |
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 Neev Energy Development 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 Neev Energy Development Private Limited
Neev Energy Development is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 04 March 2020 (6+ years old) and is registered under CIN U40300MH2020PTC338555.
Neev Energy Development reported revenue of ₹1.72 Cr for FY 2024 (down 48% YoY).
Neev Energy Development has 2 current directors:
- Kothari Aarti Dhanraj - Director
- Prashant Gaonkar Muralidhar - Director
Neev Energy Development reported a net loss of ₹1.09 Cr (net margin -63.1%) and EBITDA of -₹64.2 Lakh (EBITDA margin -37.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neev Energy Development is -17% over three years. In the latest year (FY 2024) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neev Energy Development is 27AAGCN9061R1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neev Energy Development is U40300MH2020PTC338555. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neev Energy Development has 1 court case on record: 1 filed against it. 1 is pending.
Neev Energy Development was incorporated on 04 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neev Energy Development by revenue are Goldust Technologies Private Limited, Dishachi Solar Private Limited, Kiranotics India Private Limited, Vgcon Systems Private Limited, Voltece Engineering Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Amit Kumar Sinha ceased to be Company Secretary on 15 May 2024. Kothari Aarti Dhanraj ceased to be Additional Director on 30 Sep 2022. Kothari Aarti Dhanraj was appointed as Director on 18 Feb 2022. Neev Energy Development has 7 board changes on record in total.
Neev Energy Development has 8 MSME Form 1 returns on record between 2021 and 2023, listing 37 overdue payments to 16 micro and small suppliers. The latest return was filed on 16 Oct 2023.