MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-11-0002881
Neon Straps Private Limited
Neon Straps Private Limited - packaging in Junagadh, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.37 Cr
▼ 10% YoY
Net profit · FY 2025
₹2.2 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹17.81 Lakh
EBITDA margin 7.5%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
About Neon Straps Private Limited
Data last updated:
Neon Straps Private Limited is a private limited company based in Junagadh, Gujarat, India. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 06 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2009PTC058501. Its GSTIN is 24AADCN1286H1ZK (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Rajeshbhai Aambabhai Bhanderi and Chandresh Ramji Khut.
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 Plot No. 1658 Sabalpur GIDC Phase – II, Junagadh, Gujarat, India – 362003.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.37 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.2 Lakh (net margin 0.9%) and EBITDA of ₹17.81 Lakh (EBITDA margin 7.5%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 6% over five years.
As per MCA filings, the company has open charges of ₹90 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Neon Straps Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-11-0002881). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U25202GJ2009PTC058501
Registration Number 058501
Incorporation Date 06 November 2009
ROC Ahmedabad
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-GJ-11-0002881
Recognitions & Rankings of Neon Straps
Contact details
Neon Straps Private Limited's registered office is in Junagadh, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 1658 Sabalpur GIDC Phase – II, Junagadh, Gujarat, India – 362003
- IndustryPackaging, Industrial Packaging Solutions
To see the full contact details of Neon Straps Private Limited, buy the company report.
Comprehensive company report
Neon Straps 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
Business activity
The main business activity of Neon Straps is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Neon Straps Private Limited, buy the company report.
Financials of Neon Straps Private Limited
FY 2025 filings availableNeon Straps Private Limited reported revenue of ₹2.37 Cr (down 10% YoY) for FY 2025.
Revenue · FY 2025
₹2.37 Cr ▼ 10%
Net profit · FY 2025
₹2.2 Lakh margin 0.9%
EBITDA · FY 2025
₹17.81 Lakh margin 7.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 11%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▼ 8%
5 years · compounded
▲ 4%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 10% fall in the latest year. EBITDA fell 18% 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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| Total Expenses | |||||
| EBITDA | ₹17.81 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.2 Lakh | ||||
| 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 | 7.5% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Neon Straps Private Limited, buy the company report.
Board of directors of Neon Straps Private Limited
Neon Straps has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeshbhai Aambabhai Bhanderi Also directs: Rexxon Speciality Chemical LLP | Director | 02 Apr 2012 | 14 Years 6 Months | Current |
| Chandresh Ramji Khut Also directs: Rexxon Speciality Chemical LLP | Director | 06 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Neon Straps Private Limited is compared with the 3 companies closest to it by revenue in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Geetika Polyfab Private Limited | ₹2.39 Cr (FY 2024) | 20.0% | Kanpur, Uttar Pradesh, India | |||
| Neon Straps Private Limitedthis company | ₹2.37 Cr (FY 2025) | ₹2.2 Lakh | 0.9% | -10.0% | Junagadh, Gujarat, India | |
| Truvalue Developers Private Limited | ₹2.36 Cr (FY 2024) | 8425.0% | Kolkata, West Bengal, India | |||
| SMB Corruplast Private Limited | ₹2.34 Cr (FY 2022) | -84.0% | Navi Mumbai, Maharashtra, India |
To see the full peer comparison of Neon Straps Private Limited, buy the company report.
Auditor
Neon Straps Private Limited is audited by BHARAT KARIYA ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT KARIYA ASSOCIATES | FY 2017 | 113606W |
Shareholding
The shareholding of Neon Straps Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neon Straps Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Oct 2018 | 100211817 | State Bank of India | ₹90 Lakh | Open |
To see the full charge records of Neon Straps Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Neon Straps Private Limited has 2 court cases on record: 2 filed by Neon Straps. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Junagadh, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Junagadh, Gujarat | Criminal complaint | Filed by the company against Industrial Packing Solutions Administator Apsana Bhardvaj | Disposed |
To see the full case history of Neon Straps 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 Neon Straps Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neon Straps has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCN1286H1ZK | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neon Straps Private Limited, buy the company report.
Recent activity
Neon Straps Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Samapteeben Rajeshbhai Bhanderi ceased to be Director on 05 Apr 2012.
AGM
Neon Straps Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with State Bank Of India of Rs. 90.00 Lakh registered on 23 Oct 2018 with Charge ID 100211817 was modified on 10 Jun 2025.
Filing
Neon Straps Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 90.00 Lakh with Charge ID 100211817 was registered on 23 Oct 2018.
Ceased
Samapteeben Rajeshbhai Bhanderi ceased to be Director.
Appointed
Rajeshbhai Aambabhai Bhanderi was appointed as Director.
Ceased
Rajeshbhai Aambabhai Bhanderi ceased to be Director.
Appointed
Chandresh Ramji Khut was appointed as Director.
Incorporation
06 Nov 2009
Neon Straps Private Limited was registered on 06 Nov 2009 with Roc Ahmedabad & aged 16 years 11 months as per MCA records.
Frequently asked questions
Neon Straps is an active private limited company based in Junagadh, Gujarat, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 06 November 2009 (17+ years old) and is registered under CIN U25202GJ2009PTC058501.
Neon Straps has 2 current directors:
- Rajeshbhai Aambabhai Bhanderi - Director
- Chandresh Ramji Khut - Director
The latest financial statements of Neon Straps 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 Straps is 24AADCN1286H1ZK, registered in Gujarat.
The CIN (Corporate Identification Number) of Neon Straps is U25202GJ2009PTC058501. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neon Straps has 2 court cases on record: 2 filed by the company.
Neon Straps was incorporated on 06 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Neon Straps by revenue are Geetika Polyfab Private Limited, Truvalue Developers Private Limited, SMB Corruplast Private Limited, all in the Packaging industry (Industrial Packaging), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Samapteeben Rajeshbhai Bhanderi ceased to be Director on 05 Apr 2012. Rajeshbhai Aambabhai Bhanderi was appointed as Director on 02 Apr 2012. Rajeshbhai Aambabhai Bhanderi ceased to be Director on 01 May 2010. Neon Straps has 4 board changes on record in total.
Yes, Neon Straps is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-11-0002881).
The registered office of Neon Straps is at Plot No. 1658 Sabalpur GIDC Phase – II, Junagadh, Gujarat, India – 362003.