MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0053153
Neolotex Business Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.04 Cr
▲ 42% YoY
Net profit · FY 2024
₹16.49 Lakh
Net margin 3.3%
EBITDA · FY 2024
₹56.23 Lakh
EBITDA margin 11.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹6.4 Lakh
Issued & subscribed
Open charges
₹1.4 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
57
Provident fund records
About Neolotex Business Solutions Private Limited
Data last updated:
Neolotex Business Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC084083. Its GSTIN is 29AAFCN0755R1ZR (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹6.4 Lakh. It is led by directors including Mohanachandran Nair Renjith Krishnakumar and Haneef Mohammed Sherief.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.04 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹16.49 Lakh (net margin 3.3%) and EBITDA of ₹56.23 Lakh (EBITDA margin 11.2%). Revenue has grown at a compounded annual rate (CAGR) of 63% over three years and 16% over five years.
The company has about 57 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: NeoLotex. As per MCA filings, the company has open charges of ₹1.4 Cr on record.
Neolotex Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0053153). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neolotex.com.
Company details
CIN U74900KA2015PTC084083
Registration Number 084083
Incorporation Date 13 November 2015
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-03-0053153
Key People
Mohanachandran Nair Renjith Krishnakumar Director Haneef Mohammed Sherief Director Praveen Kumar Director Recognitions & Rankings of Neolotex Business Solutions
Contact details
Neolotex Business Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is neolotex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.701 In The A Wing 7th Floor, Carlton Tower Old Airport, Bangalore, Karnataka, India – 560008
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Neolotex Business Solutions Private Limited, buy the company report.
Comprehensive company report
Neolotex Business Solutions 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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Secure checkout · GST invoice included
Brands
Neolotex Business Solutions operates one associated brand: NeoLotex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers diversified application development and business process outsourcing services. | neolotex.com |
Business activity
The main business activity of Neolotex Business Solutions is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Neolotex Business Solutions Private Limited, buy the company report.
Financials of Neolotex Business Solutions Private Limited
FY 2025 filings availableNeolotex Business Solutions Private Limited reported revenue of ₹5.04 Cr (up 42% YoY) for FY 2024.
Revenue · FY 2024
₹5.04 Cr ▲ 42%
Net profit · FY 2024
₹16.49 Lakh margin 3.3%
EBITDA · FY 2024
₹56.23 Lakh margin 11.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 42%
3 years · compounded
▲ 63%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 46%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 42% growth in the latest year. EBITDA rose 39% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹56.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.49 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.2% | ||||
| Net Profit Margin | 3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Neolotex Business Solutions Private Limited, buy the company report.
Board of directors of Neolotex Business Solutions Private Limited
Neolotex Business Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohanachandran Nair Renjith Krishnakumar | Director | 13 Nov 2015 | 10 Years 11 Months | Current |
| Haneef Mohammed Sherief | Director | 30 Jun 2021 | 5 Years 4 Months | Current |
| Praveen Kumar | Director | 13 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
Neolotex Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other support services to organizations), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adbrunch Venture Private Limited | ₹5.06 Cr (FY 2025) | 174.0% | New Delhi, Delhi, India | |||
| Cavotec Engineering Services India Private Limited | ₹5.04 Cr (FY 2017) | -26.0% | Pune, Maharashtra, India | |||
| K Sharma Electricals Private Limited | ₹5.04 Cr (FY 2024) | -33.0% | Mumbai, Maharashtra, India | |||
| Samhills Production Private Limited | ₹5.04 Cr (FY 2024) | -7.0% | Dehradun, Uttarakhand, India | |||
| True Log India Private Limited | ₹5.04 Cr (FY 2025) | 288.0% | Sriperumbudur, Tamil Nadu, India | |||
| Neolotex Business Solutions Private Limitedthis company | ₹5.04 Cr (FY 2024) | ₹16.49 Lakh | 3.3% | 42.0% | 57 | Bangalore, Karnataka, India |
| Thinkseed Systems Private Limited | ₹5.03 Cr (FY 2025) | 38.0% | Bangalore, Karnataka, India | |||
| Desnet Engineers Private Limited | ₹5.02 Cr (FY 2025) | 26.0% | New Delhi, Delhi, India | |||
| Ankur Marketing Limited | ₹5.02 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Saigrace Logistics Private Limited | ₹5.02 Cr (FY 2025) | 23.0% | New Delhi, Delhi, India | |||
| Arclegum Management Private Limited | ₹5.02 Cr (FY 2024) | 33.0% | Kaushambi, Uttar Pradesh, India |
To see the full peer comparison of Neolotex Business Solutions Private Limited, buy the company report.
Auditor
Neolotex Business Solutions Private Limited is audited by MANU SUBRAMANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANU SUBRAMANI & CO | FY 2023 | 012858S |
Shareholding
The shareholding of Neolotex Business Solutions 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 Neolotex Business Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Sep 2023 | 100787445 | Axis Bank Limited | ₹1 Cr | Open | |
| 11 Jan 2019 | 100248315 | Vijaya Bank | ₹40 Lakh | Open |
To see the full charge records of Neolotex Business Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Neolotex Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neolotex Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neolotex Business Solutions Private Limited has a workforce of 57 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
57
Active EPFO establishments
1
Employee growth
-1.72%
GST
Neolotex Business Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN0755R1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neolotex Business Solutions Private Limited, buy the company report.
Recent activity
Neolotex Business Solutions Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Haneef Mohammed Sherief was appointed as Director on 30 Jun 2021.
AGM
Neolotex Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neolotex Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Axis Bank Limited of Rs. 100.00 Lakh registered on 22 Sep 2023 with Charge ID 100787445 was modified on 12 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 100.00 Lakh with Charge ID 100787445 was registered on 22 Sep 2023.
Appointed
Haneef Mohammed Sherief was appointed as Director.
Charges
A charge with Vijaya Bank amounted to Rs. 40.00 Lakh with Charge ID 100248315 was registered on 11 Jan 2019.
Appointed
Mohanachandran Nair Renjith Krishnakumar was appointed as Director.
Appointed
Praveen Kumar was appointed as Director.
Incorporation
13 Nov 2015
Neolotex Business Solutions Private Limited was registered on 13 Nov 2015 with Roc Bangalore & aged 10 years 11 months as per MCA records.
Frequently asked questions
Neolotex Business Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 November 2015 (11+ years old) and is registered under CIN U74900KA2015PTC084083.
Neolotex Business Solutions has 3 current directors:
- Mohanachandran Nair Renjith Krishnakumar - Director
- Haneef Mohammed Sherief - Director
- Praveen Kumar - Director
The latest financial statements of Neolotex Business Solutions 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 FY 2016 are in the company report.
The GSTIN of Neolotex Business Solutions is 29AAFCN0755R1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Neolotex Business Solutions is U74900KA2015PTC084083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neolotex Business Solutions was incorporated on 13 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neolotex Business Solutions by revenue are Adbrunch Venture Private Limited, Cavotec Engineering Services India Private Limited, K Sharma Electricals Private Limited, Samhills Production Private Limited, True Log India Private Limited and 5 more, all in the same principal business activity (other support services to organizations).
Haneef Mohammed Sherief was appointed as Director on 30 Jun 2021. Mohanachandran Nair Renjith Krishnakumar was appointed as Director on 13 Nov 2015. Praveen Kumar was appointed as Director on 13 Nov 2015.
Yes, Neolotex Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0053153).
Neolotex Business Solutions can be reached through the website neolotex.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Neolotex Business Solutions is at No.701 In The A Wing 7th Floor, Carlton Tower Old Airport, Bangalore, Karnataka, India – 560008.
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