About Neoairtech India Private Limited
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Neoairtech India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 09 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29194KA2012PTC062936. Its GSTIN is 29AADCN9210H1ZE (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors including Malavalli Srinath Raghvendrarao (Managing Director) and Asok Jitendranath Guharay.
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 No 486 4th Floor 14th Cross Peenya Industrial Area Bangalore 560058, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.41 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.77 Cr (net margin 5.8%) and EBITDA of ₹2.75 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 10% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neoairtech. As per MCA filings, the company has open charges of ₹8.28 Cr and satisfied charges of ₹20.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neoairtech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 486 4th Floor 14th Cross Peenya Industrial Area Bangalore 560058, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Machinery 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 Neoairtech India Private Limited
The main business activity of Neoairtech India is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | 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 Neoairtech India Private Limited FY 2025 filings available
Neoairtech India Private Limited reported revenue of ₹30.41 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Neoairtech India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 27% growth in the latest year. EBITDA rose 153% 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 Neoairtech India 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 | ₹2.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.77 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 Neoairtech India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.8% | •••• | •••• | •••• | •••• |
| 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 Neoairtech India 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 Neoairtech India Private Limited
Neoairtech India Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Spantech Engineers Private Limited | ₹30.52 Cr (FY 2024) | •••• | •••• | 40.0% | •••• | Navi Mumbai, Maharashtra, India |
| Universal Industrial Plants Mfg.Co. Private Limited | ₹30.49 Cr (FY 2024) | •••• | •••• | 251.0% | •••• | New Delhi, Delhi, India |
| Rack N Space Storage Solutions Private Limited | ₹30.48 Cr (FY 2024) | •••• | •••• | 86.0% | •••• | Baramati, Maharashtra, India |
| O K Glass Fibre Private Limited | ₹30.46 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Mumbai, Maharashtra, India |
| Techno Forge Limited | ₹30.44 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bharuch, Gujarat, India |
| Neoairtech India Private Limited this company | ₹30.41 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Bangalore, Karnataka, India |
| Multi Max Engineering Works Private Limited | ₹30.36 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Ecogreen Cleantech Private Limited | ₹30.32 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | Tuticorin, Tamil Nadu, India |
| Jaykrishna Magnetics Private Limited | ₹30.28 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Ahmedabad, Gujarat, India |
| Shanker Coils Pvt Ltd | ₹30.27 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Kolkata, West Bengal, India |
| Tas India Private Limited | ₹30.25 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Neoairtech India by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Neoairtech India Private Limited
Neoairtech India Private Limited is audited by Vishnu Daya & Co LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vishnu Daya & Co LLP | 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 Neoairtech India Private Limited
Neoairtech India has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malavalli Srinath Raghvendrarao Also directs: Kiyotek Private Limited | Managing Director | 09 Mar 2012 | 14 Years 7 Months | Current |
| Asok Jitendranath Guharay Also directs: Savelli Machinery India Private Limited, Kiyotek Private Limited | Director | 09 Mar 2012 | 14 Years 7 Months | Current |
| Thippeshappa Basavapura Chandrappa Also directs: Savelli Machinery India Private Limited, Kiyotek Private Limited, Gostol TST India Private Limited and 1 more | Director | 09 Mar 2012 | 14 Years 7 Months | Current |
| Kenchappa Devendrappa Also directs: Savelli Machinery India Private Limited, Kiyotek Private Limited | Director | 09 Mar 2012 | 14 Years 7 Months | Current |
| Hussan Sajjadh | Director | 09 Mar 2012 | 14 Years 7 Months | Current |
Ownership and Shareholding of Neoairtech India 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 Neoairtech India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2025 | State Bank of India | ₹85 Lakh | Open |
| 28 Oct 2024 | Sidbi | ₹17.7 Lakh | Open |
| 23 Feb 2023 | Others | ₹25 Lakh | Open |
| 13 Mar 2013 | State Bank of India | ₹7 Cr | Open |
| 01 Sep 2017 | State Bank of India | ₹8 Lakh | Satisfied |
Total charge records: 6 View all charges
MSME Payment Delays by Neoairtech India Private Limited
Neoairtech India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 42 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| MSB Automation and Controls | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Jitamitra Electro Engineering Private Limited | •••• | •••• | •••• |
| Symbiotic Automation Systems Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 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.
Associated Brands with Neoairtech India Private Limited
Neoairtech India operates one associated brand: Neoairtech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Air pollution control and de-dusting services for industrial sectors. | neoairtech.com |
Employees and EPFO Compliance at Neoairtech India Private Limited
Neoairtech India Private Limited has a workforce of 35 employees as of Apr 07, 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 Neoairtech India Private Limited
Neoairtech India Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Malavalli Srinath Raghvendrarao ceased to be Director on 01 Oct 2013.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neoairtech India 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 Neoairtech India 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 Neoairtech India Private Limited
Neoairtech India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCN9210H1ZE | Karnataka | 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 Neoairtech India 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 Neoairtech India Private Limited
Neoairtech India is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 09 March 2012 (14+ years old) and is registered under CIN U29194KA2012PTC062936.
Neoairtech India reported revenue of ₹30.41 Cr for FY 2025 (up 27% YoY).
Neoairtech India has 5 current directors:
- Malavalli Srinath Raghvendrarao - Managing Director
- Asok Jitendranath Guharay - Director
- Thippeshappa Basavapura Chandrappa - Director
- Kenchappa Devendrappa - Director
- Hussan Sajjadh - Director
Neoairtech India reported a net profit of ₹1.77 Cr (net margin 5.8%) and EBITDA of ₹2.75 Cr (EBITDA margin 9.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neoairtech India is 27% over three years and 10% over five years. In the latest year (FY 2025) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neoairtech India is 29AADCN9210H1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Neoairtech India is U29194KA2012PTC062936. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neoairtech India was incorporated on 09 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neoairtech India by revenue are Spantech Engineers Private Limited, Universal Industrial Plants Mfg.Co. Private Limited, Rack N Space Storage Solutions Private Limited, O K Glass Fibre Private Limited, Techno Forge Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Malavalli Srinath Raghvendrarao ceased to be Director on 01 Oct 2013. Asok Jitendranath Guharay was appointed as Director on 09 Mar 2012. Hussan Sajjadh was appointed as Director on 09 Mar 2012. Neoairtech India has 6 board changes on record in total.
Neoairtech India has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 42 overdue payments to 11 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Neoairtech India can be reached through the website neoairtech.com. Its registered office is in Bangalore, Karnataka, India.