About Neo Highspeed Elevators Private Limited
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Neo Highspeed Elevators Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 23 January 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC272319. Its GSTIN is 27AAFCN1292D1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Machindra Nivruti Gorde and Anita Suresh Gorde.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 1/250/3354 Tagore Nagar Near Tamil Church Vikhroli East, Mumbai, Maharashtra, India – 400083.
As per the financials filed for FY 2021, the company reported a revenue of ₹61,984, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹1.83 Lakh (net margin -296%) and EBITDA of ₹12,452 (EBITDA margin 20.1%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years and 41% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neohighspeed.com.
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- Website
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- Registered Address1/250/3354 Tagore Nagar Near Tamil Church Vikhroli East, Mumbai, Maharashtra, India – 400083
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Highspeed Elevators Private Limited
The main business activity of Neo Highspeed Elevators is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Highspeed Elevators Private Limited FY 2021 filings available
Neo Highspeed Elevators Private Limited reported revenue of ₹61,984 (down 89% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Neo Highspeed Elevators Private Limited
Revenue fell 89% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 41%. EBITDA fell 92% 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 Highspeed Elevators Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹12,452 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.83 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 Highspeed Elevators Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -296% | •••• | •••• | •••• | •••• |
| 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 Highspeed Elevators are in the company report.
Financial statements from FY 2016
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 Highspeed Elevators Private Limited
Neo Highspeed Elevators Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indura Materials Handling Private Limited | ₹81,640 (FY 2025) | •••• | •••• | 8.0% | •••• | Faridabad, Haryana, India |
| Maglec Handling Equipments Private Limited | ₹80,471 (FY 2021) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Indure Louise Private Limited | ₹70,453 (FY 2024) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Induct Crane System Private Limited | ₹70,140 (FY 2024) | •••• | •••• | •••• | Lodhika, Gujarat, India | |
| Aries Travels Private Limited | ₹65,580 (FY 2018) | •••• | •••• | -21.0% | •••• | New Delhi, Delhi, India |
| Neo Highspeed Elevators Private Limited this company | ₹61,984 (FY 2021) | •••• | •••• | -89.0% | •••• | Mumbai, Maharashtra, India |
| Ambica Engitech Private Limited | ₹60,411 (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Ke-Material Handling Private Limited | ₹45,700 (FY 2025) | •••• | •••• | 27.0% | •••• | Bangalore North, Karnataka, India |
| Ambica Towsafe Private Limited | ₹42,059 (FY 2024) | •••• | •••• | 24.0% | •••• | Ahmedabad, Gujarat, India |
| Idler Machinery Private Limited | ₹40,867 (FY 2025) | •••• | •••• | -22.0% | •••• | New Delhi, Delhi, India |
| Ashmec Equipments Private Limited | ₹38,120 (FY 2024) | •••• | •••• | -100.0% | •••• | Bhilai, Chattisgarh, India |
Peers are the five companies nearest above and the five nearest below Neo Highspeed Elevators by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 Highspeed Elevators Private Limited
Neo Highspeed Elevators Private Limited is audited by RAJIV A GUPTA & ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJIV A GUPTA & ASSOCIATES | 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 Highspeed Elevators Private Limited
Neo Highspeed Elevators has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Machindra Nivruti Gorde | Director | 09 Dec 2016 | 9 Years 9 Months | Current |
| Anita Suresh Gorde | Director | 23 Jan 2016 | 10 Years 8 Months | Current |
Ownership and Shareholding of Neo Highspeed Elevators 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 Highspeed Elevators Private Limited
Neo Highspeed Elevators Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Neo Highspeed Elevators Private Limited
Neo Highspeed Elevators Private Limited has a workforce of 2 employees as of Apr 03, 2024.
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 Highspeed Elevators Private Limited
Neo Highspeed Elevators Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Machindra Nivruti Gorde ceased to be Director Appointed In Casual Vacancy on 10 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Neo Highspeed Elevators 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 Highspeed Elevators 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 Highspeed Elevators 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 Highspeed Elevators Private Limited
Neo Highspeed Elevators has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN1292D1ZM | Maharashtra | Active | 01 Jul 2017 |
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 Highspeed Elevators 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 Highspeed Elevators Private Limited
Neo Highspeed Elevators is an active private limited company based in Mumbai, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 23 January 2016 (10+ years old) and is registered under CIN U74999MH2016PTC272319.
Neo Highspeed Elevators reported revenue of ₹61,984 for FY 2021 (down 89% YoY).
Neo Highspeed Elevators has 2 current directors:
- Machindra Nivruti Gorde - Director
- Anita Suresh Gorde - Director
Neo Highspeed Elevators reported a net loss of ₹1.83 Lakh (net margin -296%) and EBITDA of ₹12,452 (EBITDA margin 20.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neo Highspeed Elevators is -84% over three years and 41% over five years. In the latest year (FY 2021) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neo Highspeed Elevators is 27AAFCN1292D1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neo Highspeed Elevators is U74999MH2016PTC272319. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Highspeed Elevators was incorporated on 23 January 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neo Highspeed Elevators by revenue are Indura Materials Handling Private Limited, Maglec Handling Equipments Private Limited, Indure Louise Private Limited, Induct Crane System Private Limited, Aries Travels Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Machindra Nivruti Gorde ceased to be Director Appointed In Casual Vacancy on 10 Dec 2016. Machindra Nivruti Gorde was appointed as Director on 09 Dec 2016. Suresh Nivruti Gorde ceased to be Director on 08 Dec 2016. Neo Highspeed Elevators has 4 board changes on record in total.
Neo Highspeed Elevators can be reached through the website neohighspeed.com. Its registered office is in Mumbai, Maharashtra, India.