MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-22-0162127
Neo Structo Construction Private Limited - engineering in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹147.65 Cr
▲ 14.18% YoY
Net profit · FY 2025
₹6 Cr
Net margin 4.1%
EBITDA · FY 2025
₹10.2 Cr
EBITDA margin 6.9%
Authorised capital
₹127 Cr
Registered with MCA
Paid-up capital
₹108.3 Cr
Issued & subscribed
Open charges
₹72.3 Cr
Satisfied ₹827.97 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
1,043
Provident fund records
About Neo Structo Construction Private Limited
Data last updated:
Neo Structo Construction Private Limited is a private limited company based in Ahmedabad, Gujarat, India, a subsidiary of Bilfinger Se. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 21 January 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ1991PTC104261. Its GSTIN is 24AAACN7717N1Z6 (Gujarat). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹127 Cr and a paid-up capital of ₹108.3 Cr. It was formerly known as Neo Structo Private Limited. It is led by directors Deepu Syamaprakash Vaidyan and Dipin Syamaprakash Vaidyan.
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 2nd And 3rd Floor Privilion Building East Wing, Iscon Cross Roads Sarkej – Gandhinagar Highway Ahmedabad, Gujarat, India – 380054.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.65 Cr. For the same year it recorded a net profit of ₹6 Cr (net margin 4.1%) and EBITDA of ₹10.2 Cr (EBITDA margin 6.9%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The company has about 1,043 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Neo Structo Construction and Bilfinger. As per MCA filings, the company has open charges of ₹72.3 Cr and satisfied charges of ₹827.97 Cr on record. Court records list 84 cases involving the company, including 35 filed by the company and 49 filed against it; 18 cases are pending. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹192.88 Cr; the latest was in March 2024. The company has 9 MSME Form 1 returns on record between 2019 and 2022, listing 2,129 overdue payments to 76 micro and small suppliers.
Neo Structo Construction Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0162127). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bilfinger.com.
Company details
CIN U45201GJ1991PTC104261
Registration Number 104261
Incorporation Date 21 January 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Bilfinger Se
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-22-0162127
Name history
Neo Structo Construction has undergone 4 name changes throughout its history. The current legal name is Neo Structo Construction Private Limited.
| Company Name | Status |
|---|---|
| Neo Structo Construction Private Limited | Current |
| Neo Structo Private Limited | Previous |
| Neo Structo Construction Limited | Previous |
| Bilfinger Neo Structo Private Limited | Previous |
CIN history
Neo Structo Construction has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U45201GJ1991PTC104261, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201GJ1991PTC104261 | Current |
| U45201GJ1991PLC014934 | Previous |
| U45201MH1991PTC227405 | Previous |
| U45201MH1991PLC227405 | Previous |
Recognitions & Rankings of Neo Structo Construction
Contact details
Neo Structo Construction Private Limited's registered office is in Ahmedabad, Gujarat. Its website is bilfinger.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd And 3rd Floor Privilion Building East Wing, Iscon Cross Roads Sarkej – Gandhinagar Highway Ahmedabad, Gujarat, India – 380054
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Neo Structo Construction Private Limited, buy the company report.
Comprehensive company report
Neo Structo Construction 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Neo Structo Construction operates two associated brands: Neo Structo Construction and Bilfinger. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers construction services for refineries, petrochemicals, and industrial projects. | neostructo.com | |
| Industrial services for process industry efficiency and sustainability are provided. | bilfinger.com |
Business activity
The main business activity of Neo Structo Construction is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Neo Structo Construction Private Limited, buy the company report.
Financials of Neo Structo Construction Private Limited
FY 2025 filings availableNeo Structo Construction Private Limited reported revenue of ₹147.65 Cr for FY 2025.
Revenue · FY 2025
₹147.65 Cr
Net profit · FY 2025
₹6 Cr margin 4.1%
EBITDA · FY 2025
₹10.2 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 5%
5 years · compounded
▼ 11%
EBITDA CAGR growth
1 year
▲ 16%
3 years · compounded
▲ 54%
5 years · compounded
▼ 11%
Revenue has declined at a compounded annual rate (CAGR) of 11% over five years. EBITDA rose 16% 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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| EBITDA | ₹10.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6 Cr | ||||
| Balance Sheet | |||||
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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 | 6.9% | ||||
| Net Profit Margin | 4.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Neo Structo Construction Private Limited, buy the company report.
Board of directors of Neo Structo Construction Private Limited
Neo Structo Construction has 2 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepu Syamaprakash Vaidyan Also directs: Sugam Synthetics Pvt Ltd, S. D. Material Handlers Private Limited, Syama Dynamic Engineering Private Limited and 1 more | Director | 15 Dec 2017 | 8 Years 10 Months | Current |
| Dipin Syamaprakash Vaidyan Also directs: Sugam Synthetics Pvt Ltd, S. D. Material Handlers Private Limited, Syama Dynamic Engineering Private Limited and 1 more | Director | 15 Dec 2017 | 8 Years 10 Months | Current |
Auditor
Neo Structo Construction Private Limited is audited by CHANDULAL M. SHAH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHANDULAL M. SHAH & CO. | FY 2023 | 101698W |
Shareholding
The shareholding of Neo Structo Construction Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neo Structo Construction Private Limited, buy the company report.
Charges & borrowings
Open charges
₹72.3 Cr
Satisfied charges
₹827.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2020 | 100313592 | Others | ₹13.3 Cr | Open | |
| 27 Dec 2017 | 100149112 | Others | ₹59 Cr | Open | |
| 18 Feb 2021 | 100417652 | Others | ₹11.5 Cr | Satisfied | |
| 02 Jan 2012 | 10330928 | Idbi Bank Limited | ₹17.7 Cr | Satisfied | |
| 19 Dec 2011 | 10326293 | Hdfc Bank Limited | ₹5.25 Cr | Satisfied |
To see the full charge records of Neo Structo Construction Private Limited, buy the company report.
Total charge records: 37 View all charges
Deals & funding
Neo Structo Construction Private Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹192.88 Cr; the latest was in March 2024.
Total deals
10
Secondary share transfers
8
Funding rounds
2
Disclosed funding
₹192.88 Cr
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Oct 2021 | Funding round | ₹87.88 Cr | Investors: 4 individuals |
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
| Feb 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
To see the full deal history of Neo Structo Construction Private 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
Neo Structo Construction Private Limited has 84 court cases on record: 35 filed by Neo Structo Construction, 49 filed against it. 18 cases are pending and 66 are disposed.
Total cases
84
Filed by the company
35
Filed against the company
49
Pending
18
Disposed
66
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 42 | 9 | 10 |
| District courts | 36 | 34 | 5 |
| NCLT | 4 | 4 | 1 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (5 of 84)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Arbitration matter | Filed against the company by Lorven Energies India Private Limited (Formerly Known As M/S Suaval Lorven India Private Limited) and 1 other | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S Tritorc Equipments Pvt Ltd Through Its Authorized Director Mr Lavin Maheshlal Bhatia | Pending |
| NCLT, NCLT Ahmedabad | Company petition | Filed against the company by Jayaraj Neon Engineering & Construction Pvt. Ltd Through Its Director Kamala Rajan | Pending |
| District court, Faridabad, Haryana | Court case (CM APPLI) | Filed against the company by M/S VMS Equipment Private Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed against the company by Lorven Energies India Private Limited Formerly Known As Ms Suaval Lorven India Private Limited and 1 other | Disposed |
To see the full case history of Neo Structo Construction 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 Structo Construction Private Limited was last rated by Icra on 03 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Aug 2021 |
To see the full credit ratings and regulatory alerts of Neo Structo Construction Private Limited, buy the company report.
MSME payment delays
Neo Structo Construction Private Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 2,129 overdue payments to 76 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 76)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Akshar Air Product | |||
| an individual supplier | |||
| S. D. Material Handlers Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Neo Structo Construction Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Neo Structo Construction Private Limited has a workforce of 1,043 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
1,043
Active EPFO establishments
1
Employee growth
-35.42%
GST
Neo Structo Construction has 9 GST registrations: 4 active and 5 cancelled or inactive.
Total GSTINs
9
Active
4
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACN7717N1Z6 | Gujarat | Active | 01 Jul 2017 |
| 21AAACN7717N1ZC | Odisha | Active | 01 Jul 2017 |
| 32AAACN7717N1Z9 | Kerala | Active | 01 Jul 2017 |
| 08AAACN7717N2ZZ | Rajasthan | Active | 01 Jan 2019 |
To see the full GST registrations and return filing status of Neo Structo Construction Private Limited, buy the company report.
Recent activity
Neo Structo Construction Private Limited has 20 board changes on record since 2007: 2 appointments and 18 cessations. The latest: Viswanathan Balasubramaniam Kattuputtur ceased to be Director on 31 Mar 2021.
Charges
A charge registered on 18 Feb 2021 via Charge ID 100417652 with Others was fully satisfied on 09 Dec 2025.
AGM
Neo Structo Construction Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 59.00 Cr registered on 27 Dec 2017 with Charge ID 100149112 was modified on 25 Aug 2025.
Filing
Neo Structo Construction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 13.30 Cr registered on 03 Jan 2020 with Charge ID 100313592 was modified on 09 Jan 2024.
Ceased
Viswanathan Balasubramaniam Kattuputtur ceased to be Director.
Charges
A charge with Others amounted to Rs. 11.50 Cr with Charge ID 100417652 was registered on 18 Feb 2021.
Charges
A charge with Others amounted to Rs. 13.30 Cr with Charge ID 100313592 was registered on 03 Jan 2020.
Ceased
Arunachalakrishnan Gangadharan ceased to be Director.
Ceased
Dipin Syamaprakash Vaidyan ceased to be Additional Director.
Ceased
Schmitz Nikolaus Johannes ceased to be Director.
Charges
A charge with Others amounted to Rs. 59.00 Cr with Charge ID 100149112 was registered on 27 Dec 2017.
95 earlier events are in the company report.
News
Frequently asked questions
Neo Structo Construction is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 21 January 1991 (35+ years old) and is registered under CIN U45201GJ1991PTC104261.
Neo Structo Construction has 2 current directors:
- Deepu Syamaprakash Vaidyan - Director
- Dipin Syamaprakash Vaidyan - Director
The latest financial statements of Neo Structo Construction 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 Structo Construction is 24AAACN7717N1Z6, registered in Gujarat. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 21AAACN7717N1ZC (Odisha), 32AAACN7717N1Z9 (Kerala), 08AAACN7717N2ZZ (Rajasthan).
The CIN (Corporate Identification Number) of Neo Structo Construction is U45201GJ1991PTC104261. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neo Structo Construction has 84 court cases on record: 35 filed by the company and 49 filed against it. 18 are pending. Most are in the high courts.
Neo Structo Construction was incorporated on 21 January 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Neo Structo Construction has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹192.88 Cr; the latest was in March 2024.
Viswanathan Balasubramaniam Kattuputtur ceased to be Director on 31 Mar 2021. Arunachalakrishnan Gangadharan ceased to be Director on 01 Jul 2018. Dipin Syamaprakash Vaidyan ceased to be Additional Director on 05 Jan 2018. Neo Structo Construction has 20 board changes on record in total.
Yes, Neo Structo Construction is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-22-0162127).
Neo Structo Construction has 9 MSME Form 1 returns on record between 2019 and 2022, listing 2,129 overdue payments to 76 micro and small suppliers. The latest return was filed on 02 Dec 2022.