About Neon Innovative Private Limited
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Neon Innovative Private Limited is a private limited company based in Cuffe Parade, Maharashtra, India, a subsidiary of Netania Shares & Securities Private Limited. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 21 July 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH1998PTC115913. Its GSTIN is 27AAACN6547Q1ZS (Maharashtra).
The company has an authorised share capital of ₹37.5 Lakh and a paid-up capital of ₹36.82 Lakh. It is led by directors Sumit Vikram Shah and Alpana Sumit Shah.
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 21 The Arcade Ground Floor World Trade Center Complex, Cuffe Parade, Maharashtra, India – 400005.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.87 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹27.47 Lakh (net margin 61.2%) and EBITDA of ₹36.32 Lakh (EBITDA margin 80.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 6% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹1.63 Cr 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 neoninnovative.com.
Company details
Contact details
Neon Innovative Private Limited's registered office is in Cuffe Parade, Maharashtra. Its website is neoninnovative.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address21 The Arcade Ground Floor World Trade Center Complex, Cuffe Parade, Maharashtra, India – 400005
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Neon Innovative 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
Financials of Neon Innovative Private Limited
FY 2025 filings availableNeon Innovative Private Limited reported revenue of ₹44.87 Lakh (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 13% fall in the latest year. EBITDA rose 23% 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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| EBITDA | ₹36.32 Lakh | ||||
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| Net Profit (PAT) | ₹27.47 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 80.9% | ||||
| Net Profit Margin | 61.2% | ||||
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To see the full financial statements and ratios of Neon Innovative Private Limited, buy the company report.
Board of directors of Neon Innovative Private Limited
Neon Innovative has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Vikram Shah Also directs: Neon Creation and Trading LLP, New Floral Studio LLP, Neon International Private Limited and 1 more | Director | 21 Jul 1998 | 28 Years 3 Months | Current |
| Alpana Sumit Shah | Director | 01 Aug 2013 | 13 Years 2 Months | Current |
Peer comparison
Neon Innovative Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Interflex Packaging Private Limited | ₹45.29 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Prystine Systems and Solutions Private Limited | ₹45.28 Lakh (FY 2024) | 625.0% | Bangalore, Karnataka, India | |||
| Dynatrend Engg. Private Limited | ₹45.2 Lakh (FY 2025) | -47.0% | Hooghly, West Bengal, India | |||
| Amarashakthi Trading Private Limited | ₹45.06 Lakh (FY 2025) | -85.0% | Secunderabad, Telangana, India | |||
| Asjs Office System Private Limited | ₹44.92 Lakh (FY 2025) | -69.0% | Sec, Haryana, India | |||
| Neon Innovative Private Limitedthis company | ₹44.87 Lakh (FY 2024) | ₹27.47 Lakh | 61.2% | -13.0% | Cuffe Parade, Maharashtra, India | |
| Lavkush Agencies Private Limited | ₹44.69 Lakh (FY 2025) | -64.0% | Bhavnagar, Gujarat, India | |||
| Sterllink Display Private Limited | ₹44.66 Lakh (FY 2025) | 72.0% | Chennai, Tamil Nadu, India | |||
| Keylink Technology India Private Limited | ₹44.54 Lakh (FY 2025) | Pune, Maharashtra, India | ||||
| Aqualift Engineers & Technologies Private Limited | ₹44.43 Lakh (FY 2022) | -56.0% | Pune, Maharashtra, India | |||
| K K Kraft Engineers Consultants Private Limited | ₹44.41 Lakh (FY 2025) | 191.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Neon Innovative Private Limited, buy the company report.
Auditor
Neon Innovative Private Limited is audited by VINOD S MEHTA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD S MEHTA & CO | FY 2020 | 111524W |
Shareholding
The shareholding of Neon Innovative Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Neon Innovative Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Nov 2017 | 100141865 | Others | ₹78 Lakh | Open | |
| 05 Sep 2009 | 10481476 | Bank of Baroda | ₹85 Lakh | Open |
To see the full charge records of Neon Innovative Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Neon Innovative 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 Neon Innovative Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Neon Innovative has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Neon International Private Limited | U29253MH2013PTC247316 |
To see the full group structure of Neon Innovative Private Limited, buy the company report.
GST
Neon Innovative has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN6547Q1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neon Innovative Private Limited, buy the company report.
Recent activity
Neon Innovative Private Limited has 4 board changes on record since 1998: 2 appointments and 2 cessations. The latest: Alpana Sumit Shah ceased to be Additional Director on 30 Sep 2013.
Frequently asked questions
Neon Innovative is an active private limited company based in Cuffe Parade, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 21 July 1998 (28+ years old) and is registered under CIN U45200MH1998PTC115913.
Neon Innovative has 2 current directors:
- Sumit Vikram Shah - Director
- Alpana Sumit Shah - Director
The latest financial statements of Neon Innovative 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 Neon Innovative is 27AAACN6547Q1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neon Innovative is U45200MH1998PTC115913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neon Innovative was incorporated on 21 July 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neon Innovative by revenue are Interflex Packaging Private Limited, Prystine Systems and Solutions Private Limited, Dynatrend Engg. Private Limited, Amarashakthi Trading Private Limited, Asjs Office System Private Limited and 5 more, all in the Machinery and Equipment industry (Machinery and Equipment Retail and Distribution).
Alpana Sumit Shah ceased to be Additional Director on 30 Sep 2013. Alpana Sumit Shah was appointed as Director on 01 Aug 2013. Bindu Vikram Shah ceased to be Director on 01 Aug 2013. Neon Innovative has 4 board changes on record in total.
Neon Innovative can be reached through the website neoninnovative.com. Its registered office is in Cuffe Parade, Maharashtra, India.
The registered office of Neon Innovative is at 21 The Arcade Ground Floor World Trade Center Complex, Cuffe Parade, Maharashtra, India – 400005.
Neon Innovative operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.