Neo Elegance Private Limited
About Neo Elegance Private Limited
Data last updated:
Neo Elegance 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 20 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2011PTC216444. Its GSTIN is 27AADCN6005E1ZT (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.05 Cr. It was formerly known as Neo Fincom Private Limited. It is led by directors including Paras Nahata (Managing Director) and Prince Paras Nahata.
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 259 Kalbadevi Road Johari Mansion, Mumbai, Maharashtra, India – 400002.
As per the financials filed for FY 2025, the company reported a revenue of ₹29.06 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net loss of ₹31.6 Lakh (net margin -1.1%) and EBITDA of ₹2.37 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 4% over five years.
The company is associated with 1 brand: Neofin. The company has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹4.52 Cr; the latest was in February 2022. Its 10 peer companies in the Consumer Products industry (Textile Retail and Distribution) are compared by revenue, 5 larger and 5 smaller; the largest is Super Woollens Private Limited with revenue of ₹29.15 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address4th Floor 259 Kalbadevi Road Johari Mansion, Mumbai, Maharashtra, India – 400002
- IndustryHome & Lifestyle, Textile Retail & Distribution
- 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 Neo Elegance Private Limited
The main business activity of Neo Elegance is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Neo Elegance Private Limited FY 2025 filings available
Neo Elegance Private Limited reported revenue of ₹29.06 Cr (down 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Neo Elegance Private Limited
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 49% 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 Neo Elegance Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.37 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹31.6 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 Neo Elegance Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.1% | •••• | •••• | •••• | •••• |
| 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 Neo Elegance 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.
Peer Comparison of Neo Elegance Private Limited
Neo Elegance Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Textile Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Super Woollens Private Limited | ₹29.15 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Volga Management and Consultancy Private Limited | ₹29.09 Cr (FY 2017) | •••• | •••• | 614.0% | •••• | Delhi, India |
| Vandana Creations Private Limited | ₹29.09 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Mumbai, Maharashtra, India |
| Pankaj Textile Agencies Private Limited | ₹29.08 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Sunflower Vinimay Private Limited | ₹29.07 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Neo Elegance Private Limited this company | ₹29.06 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Mumbai, Maharashtra, India |
| Mangaldhan Commotrade Private Limited | ₹29.04 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Kolkata, West Bengal, India |
| Try Up Designs Private Limited | ₹29.03 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| New Asia Globicon Private Limited | ₹29.02 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Delhi, India |
| S V Fabrics Private Limited | ₹28.97 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Secunderabad, Telangana, India |
| Adinath Fin Trade Private Limited | ₹28.96 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Neo Elegance by revenue in the Consumer Products industry (Textile Retail and Distribution), 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 Neo Elegance Private Limited
Neo Elegance Private Limited is audited by JAIN V & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN V & 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 Neo Elegance Private Limited
Neo Elegance has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prince Paras Nahata Also directs: Shree Balaji Texcom Limited | Director | 12 Aug 2015 | 11 Years 1 Months | Current |
| Paras Nahata Also directs: Shree Balaji Texcom Limited | Managing Director | 20 Apr 2011 | 15 Years 5 Months | Current |
| Noratan Tejkaran Nahata Also directs: Shree Balaji Texcom Limited | Director | 20 Apr 2011 | 15 Years 5 Months | Current |
Ownership and Shareholding of Neo Elegance 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 Neo Elegance Private Limited
Neo Elegance Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Neo Elegance Private Limited
Neo Elegance Private Limited has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹4.52 Cr; the latest was in February 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2022 | Rights issue | ₹90.3 Lakh | Investors: 3 individuals |
| Jan 2019 | Funding round | ₹3 Cr | Investors: Ashtvinayak Traders Private Limited , Amritrashi Suppliers Private Limited , Pranesh Traders Private Limited |
| Jul 2011 | Funding round | ₹60 Lakh | Investors: Terry Towels Industries Limited |
| Jul 2011 | Funding round | ₹20 Lakh | Investors: K Sera Sera Production Limited |
| Jul 2011 | Funding round | ₹70 Lakh | Investors: Dhanus Technologies Limited |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Neo Elegance Private Limited
Neo Elegance operates one associated brand: Neofin. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| No-code lending automation platform is offered to financial institutions. | neo-fin.com |
Employees and EPFO Compliance at Neo Elegance Private Limited
Employment history and EPFO contributions of people linked to Neo Elegance.
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 Neo Elegance Private Limited
Neo Elegance Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Prince Paras Nahata was appointed as Director on 12 Aug 2015.
Credit Ratings, Litigation & Regulatory Alerts for Neo Elegance 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 Neo Elegance 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 Neo Elegance 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 Neo Elegance Private Limited
Neo Elegance has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCN6005E1ZT | Maharashtra | Active | 11 Feb 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 Neo Elegance 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 Neo Elegance Private Limited
Neo Elegance 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 20 April 2011 (15+ years old) and is registered under CIN U74999MH2011PTC216444.
Neo Elegance reported revenue of ₹29.06 Cr for FY 2025 (down 16% YoY).
Neo Elegance has 3 current directors:
- Paras Nahata - Managing Director
- Prince Paras Nahata - Director
- Noratan Tejkaran Nahata - Director
Neo Elegance reported a net loss of ₹31.6 Lakh (net margin -1.1%) and EBITDA of ₹2.37 Cr (EBITDA margin 8.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neo Elegance is 9% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neo Elegance is 27AADCN6005E1ZT, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neo Elegance is U74999MH2011PTC216444. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Elegance was incorporated on 20 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Neo Elegance has 6 deals on record (5 funding rounds, 1 rights issue), with disclosed funding of ₹4.52 Cr; the latest was in February 2022.
The peers of Neo Elegance by revenue are Super Woollens Private Limited, Volga Management and Consultancy Private Limited, Vandana Creations Private Limited, Pankaj Textile Agencies Private Limited, Sunflower Vinimay Private Limited and 5 more, all in the Consumer Products industry (Textile Retail and Distribution).
Prince Paras Nahata was appointed as Director on 12 Aug 2015. Noratan Tejkaran Nahata was appointed as Director on 20 Apr 2011. Paras Nahata was appointed as Managing Director on 20 Apr 2011.