About Neomax Properties Private Limited
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Neomax Properties Private Limited is a private limited company based in Madurai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 14 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2013PTC093705. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹1.4 Cr. It is led by directors Sankarapandy Balasubramanian and Shanmugam Kamalakannan.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Madurai, Tamil Nadu.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.13 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹39.95 Lakh (net margin 9.7%) and EBITDA of ₹60.46 Lakh (EBITDA margin 14.6%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 7% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
Court records list 143 cases involving the company, including 6 filed by the company and 137 filed against it; 21 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neomaxproperties.com.
Company details
Contact details
Neomax Properties Private Limited's registered office is in Madurai, Tamil Nadu. Its website is neomaxproperties.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRicky Tower – Iind Floor No – 85 Subramaniapillaistreet Sscolony By, Epassroad, Madurai, Tamil Nadu, India – 625016
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neomax Properties Private Limited, buy the company report.
- 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
Business activity
The main business activity of Neomax Properties is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis |
To see the full business activity and turnover split of Neomax Properties Private Limited, buy the company report.
Financials of Neomax Properties Private Limited
FY 2022 filings availableNeomax Properties Private Limited reported revenue of ₹4.13 Cr (down 82% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 82% fall in the latest year. EBITDA fell 22% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.13 Cr | ||||
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| EBITDA | ₹60.46 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹39.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 14.6% | ||||
| Net Profit Margin | 9.7% | ||||
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To see the full financial statements and ratios of Neomax Properties Private Limited, buy the company report.
Board of directors of Neomax Properties Private Limited
Neomax Properties has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sankarapandy Balasubramanian Also directs: Ivo Mac LLP, Green Wealth Agro India Limited, Technoneo Engineering and Technologies Private Limited and 5 more | Director | 10 May 2018 | 8 Years 5 Months | Current |
| Shanmugam Kamalakannan Also directs: Ivo Mac LLP, Green Wealth Agro India Limited, Fasino Furniture Private Limited and 5 more | Director | 10 May 2018 | 8 Years 5 Months | Current |
Auditor
Neomax Properties Private Limited is audited by EMARALD RUBAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| EMARALD RUBAN & CO | FY 2022 | 017744S |
Shareholding
The shareholding of Neomax Properties 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 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neomax Properties Private Limited, buy the company report.
Legal cases
Neomax Properties Private Limited has 143 court cases on record: 6 filed by Neomax Properties, 137 filed against it. 21 cases are pending and 122 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 119 | 114 | 10 |
| District courts | 22 | 21 | 11 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 143)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Madurai, Tamil Nadu | Criminal miscellaneous application | Filed against the company by HDFC Bank Limited and 1 other | Pending |
| Madras High Court | Court case (WP Crl.(MD)) | Filed against the company | Pending |
| Madras High Court | Court case (WPMP Crl.(MD)) | Filed against the company | Pending |
| District court, Coimbatore, Tamil Nadu | Criminal case | Filed against the company by an individual | Pending |
| Madras High Court | Court case (WMP(MD)) | Filed against the company | Pending |
To see the full case history of Neomax Properties 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Neomax Properties Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neomax Properties Private Limited has a workforce of 7 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Neomax Properties has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Neomax Properties Private Limited, buy the company report.
Recent activity
Neomax Properties Private Limited has 8 board changes on record since 2018: 2 appointments and 6 cessations. The latest: Duraikkannu Veerasakthi ceased to be Director on 02 Jun 2025.
Frequently asked questions
Neomax Properties is an active private limited company based in Madurai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 14 November 2013 (13+ years old) and is registered under CIN U70109TN2013PTC093705.
Neomax Properties has 2 current directors:
- Sankarapandy Balasubramanian - Director
- Shanmugam Kamalakannan - Director
The latest financial statements of Neomax Properties on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
No. Neomax Properties has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Neomax Properties is U70109TN2013PTC093705. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neomax Properties has 143 court cases on record: 6 filed by the company and 137 filed against it. 21 are pending. Most are in the high courts.
Neomax Properties was incorporated on 14 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.
Duraikkannu Veerasakthi ceased to be Director on 02 Jun 2025. Rajaram Ravi ceased to be Director on 11 Apr 2022. Natarajan Jayachandran ceased to be Director on 01 Dec 2019. Neomax Properties has 8 board changes on record in total.
Neomax Properties can be reached through the website neomaxproperties.com. Its registered office is in Madurai, Tamil Nadu, India.
The registered office of Neomax Properties is at Ricky Tower – Iind Floor No – 85 Subramaniapillaistreet Sscolony By, Epassroad, Madurai, Tamil Nadu, India – 625016.