MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0050439
Neo Power Electronics and Projects Private Limited - information technology in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹87.14 Cr
▲ 32% YoY
Net profit · FY 2025
₹12.17 Cr
Net margin 14%
EBITDA · FY 2025
₹18.94 Cr
EBITDA margin 21.7%
Authorised capital
₹2.75 Cr
Registered with MCA
Paid-up capital
₹2.18 Cr
Issued & subscribed
Open charges
₹30 Cr
Satisfied ₹50.18 Cr
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings
About Neo Power Electronics and Projects Private Limited
Data last updated:
Neo Power Electronics and Projects Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 01 December 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40101MH1988PTC049875. Its GSTIN is 27AAACN1452E1ZV (Maharashtra).
The company has an authorised share capital of ₹2.75 Cr and a paid-up capital of ₹2.18 Cr. It is led by directors Arjun Suryabhanji Wanelkar (Managing Director) and Piyush Arjun Wanelkar.
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 Plot No. W – 104 MIDC Phase II Dombivali (East), Thane, Maharashtra, India – 421203.
As per the financials filed for FY 2025, the company reported a revenue of ₹87.14 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹12.17 Cr (net margin 14%) and EBITDA of ₹18.94 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹30 Cr and satisfied charges of ₹50.18 Cr on record. Court records list 8 cases involving the company, including 1 filed by the company and 7 filed against it.
Neo Power Electronics and Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0050439). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neopower.co.in.
Company details
CIN U40101MH1988PTC049875
Registration Number 049875
Incorporation Date 01 December 1988
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 Small
Udyam Registration UDYAM-MH-18-0050439
Recognitions & Rankings of Neo Power Electronics and Projects
Contact details
Neo Power Electronics and Projects Private Limited's registered office is in Thane, Maharashtra. Its website is neopower.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. W – 104 MIDC Phase II Dombivali (East), Thane, Maharashtra, India – 421203
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Neo Power Electronics and Projects Private Limited, buy the company report.
Comprehensive company report
Neo Power Electronics and Projects 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 Neo Power Electronics and Projects is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Neo Power Electronics and Projects Private Limited, buy the company report.
Financials of Neo Power Electronics and Projects Private Limited
FY 2025 filings availableNeo Power Electronics and Projects Private Limited reported revenue of ₹87.14 Cr (up 32% YoY) for FY 2025.
Revenue · FY 2025
₹87.14 Cr ▲ 32%
Net profit · FY 2025
₹12.17 Cr margin 14%
EBITDA · FY 2025
₹18.94 Cr margin 21.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 81%
5 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 143%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 32% growth in the latest year. EBITDA rose 41% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹18.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.17 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 14% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick 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 Neo Power Electronics and Projects Private Limited, buy the company report.
Board of directors of Neo Power Electronics and Projects Private Limited
Neo Power Electronics and Projects has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Arjun Wanelkar Also directs: Manhem Thyrifurn Pvt Ltd | Director | 02 Mar 2015 | 11 Years 8 Months | Current |
| Arjun Suryabhanji Wanelkar | Managing Director | 01 Dec 1988 | 37 Years 11 Months | Current |
Peer comparison
Neo Power Electronics and Projects Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Circuit Systems (India) Private Limited | ₹90.1 Cr (FY 2025) | 10.0% | Ahmedabad, Gujarat, India | |||
| Synegra Ems Limited | ₹89.24 Cr (FY 2024) | 62.0% | Salcette, Goa, India | |||
| Tecniqua India Private Limited | ₹88.57 Cr (FY 2025) | 78.0% | Noida, Uttar Pradesh, India | |||
| Sun Data Processing Private Limited | ₹88.02 Cr (FY 2025) | 36.0% | Vasai, Maharashtra, India | |||
| Neo Power Electronics and Projects Private Limitedthis company | ₹87.14 Cr (FY 2025) | ₹12.17 Cr | 14% | 32.0% | Thane, Maharashtra, India | |
| Luxshare India Private Limited | ₹83.16 Cr (FY 2025) | 274.0% | Tamil Nadu, India |
To see the full peer comparison of Neo Power Electronics and Projects Private Limited, buy the company report.
Auditor
Neo Power Electronics and Projects Private Limited is audited by SURESH SURANA & ASSOCIATES LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURESH SURANA & ASSOCIATES LLP | FY 2022 | 121750W/W-100010 |
Shareholding
The shareholding of Neo Power Electronics and Projects Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neo Power Electronics and Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Cr
Satisfied charges
₹50.18 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2018 | 100175907 | Others | ₹30 Cr | Open | |
| 26 Feb 2016 | 100019907 | Others | ₹1 Cr | Satisfied | |
| 19 Oct 2010 | 10258217 | Punjab National Bank | ₹50 Lakh | Satisfied | |
| 29 Jun 2009 | 10165404 | Punjab National Bank | ₹80 Lakh | Satisfied | |
| 08 Aug 2007 | 10064930 | Punjab National Bank | ₹6.56 Lakh | Satisfied |
To see the full charge records of Neo Power Electronics and Projects Private Limited, buy the company report.
Total charge records: 19 View all charges
Legal cases
Neo Power Electronics and Projects Private Limited has 8 court cases on record: 1 filed by Neo Power Electronics and Projects, 7 filed against it. All cases are disposed.
Total cases
8
Filed by the company
1
Filed against the company
7
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms Compete Tools Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Thermal Instrument India Pvt Ltd | Disposed |
| District court, Thane, Maharashtra | Court case (Reg Dkst) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Ms. Amita Steel Corporation | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SS CASES S) | Filed against the company by Bajaj Fiance Ltd | Disposed |
To see the full case history of Neo Power Electronics and Projects Private 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.
Credit ratings & regulatory alerts
Neo Power Electronics and Projects Private Limited was last rated by Brickwork on 30 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 30 Jun 2021 |
To see the full credit ratings and regulatory alerts of Neo Power Electronics and Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neo Power Electronics and Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neo Power Electronics and Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN1452E1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neo Power Electronics and Projects Private Limited, buy the company report.
Recent activity
Neo Power Electronics and Projects Private Limited has 5 board changes on record since 1988: 2 appointments and 3 cessations. The latest: Wanelkar Suryabhanji Baburao ceased to be Director on 09 Oct 2023.
AGM
Neo Power Electronics And Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neo Power Electronics And Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Wanelkar Suryabhanji Baburao ceased to be Director.
Charges
A charge registered on 19 Oct 2010 via Charge ID 10258217 with Punjab National Bank was fully satisfied on 19 May 2022.
Charges
A charge registered on 02 Aug 2007 via Charge ID 10064931 with Others was fully satisfied on 19 May 2022.
Charges
A charge registered on 26 Feb 2016 via Charge ID 100019907 with Others was fully satisfied on 22 Sep 2020.
Charges
A charge registered on 29 Jun 2009 via Charge ID 10165404 with Punjab National Bank was fully satisfied on 22 Sep 2020.
Charges
A charge registered on 08 Aug 2007 via Charge ID 10064930 with Punjab National Bank was fully satisfied on 22 Sep 2020.
Ceased
Arjun Suryabhanji Wanelkar ceased to be Director.
Charges
A charge with Others of Rs. 30.00 Cr registered on 12 Apr 2018 with Charge ID 100175907 was modified on 29 Oct 2019.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100175907 was registered on 12 Apr 2018.
Charges
A charge with Others of Rs. 12.26 Cr registered on 02 Aug 2007 with Charge ID 10064931 was modified on 05 Apr 2016.
39 earlier events are in the company report.
Frequently asked questions
Neo Power Electronics and Projects is an active private limited company based in Thane, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 01 December 1988 (38+ years old) and is registered under CIN U40101MH1988PTC049875.
Neo Power Electronics and Projects has 2 current directors:
- Arjun Suryabhanji Wanelkar - Managing Director
- Piyush Arjun Wanelkar - Director
The latest financial statements of Neo Power Electronics and Projects 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 Neo Power Electronics and Projects is 27AAACN1452E1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neo Power Electronics and Projects is U40101MH1988PTC049875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Power Electronics and Projects has 8 court cases on record: 1 filed by the company and 7 filed against it. Most are in the district courts.
Neo Power Electronics and Projects was incorporated on 01 December 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neo Power Electronics and Projects by revenue are Circuit Systems (India) Private Limited, Synegra Ems Limited, Tecniqua India Private Limited, Sun Data Processing Private Limited, Luxshare India Private Limited, all in the Information Technology industry (Electronic Equipment and Components Manufacturing), with the same principal business activity (computer, electronic, communication and scientific measuring & control equipment).
Wanelkar Suryabhanji Baburao ceased to be Director on 09 Oct 2023. Arjun Suryabhanji Wanelkar ceased to be Director on 01 Sep 2020. Piyush Arjun Wanelkar ceased to be Additional Director on 30 Sep 2015. Neo Power Electronics and Projects has 5 board changes on record in total.
Yes, Neo Power Electronics and Projects is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0050439).
Neo Power Electronics and Projects can be reached through the website neopower.co.in. Its registered office is in Thane, Maharashtra, India.
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