MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0018625
Neospace Tele Technologies Private Limited
Neospace Tele Technologies Private Limited - information technology in Secunderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹23.5 Lakh
▼ 8% YoY
Net loss · FY 2022
₹3.39 Lakh
Net margin -14.4%
EBITDA · FY 2022
₹3.54 Lakh
EBITDA margin 15.1%
Authorised capital
₹55 Lakh
Registered with MCA
Paid-up capital
₹53.74 Lakh
Issued & subscribed
Open charges
₹4.25 Cr
Satisfied ₹2.78 Cr
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Neospace Tele Technologies Private Limited
Data last updated:
Neospace Tele Technologies Private Limited is a private limited company based in Secunderabad, Telangana, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 03 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U51103TG2013PTC086784. Its GSTIN is 36AAECN3035F1ZR (Telangana).
The company has an authorised share capital of ₹55 Lakh and a paid-up capital of ₹53.74 Lakh. It is led by directors Bhanu Prasad Sri Venkata Chennapragada (Managing Director) and Akilandeshwari Chennapragada.
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 6 – 1 – 289/7 Padmarao Nagar, Secunderabad, Telangana, India – 500025.
As per the financials filed for FY 2022, the company reported a revenue of ₹23.5 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹3.39 Lakh (net margin -14.4%) and EBITDA of ₹3.54 Lakh (EBITDA margin 15.1%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 65% over five years.
As per MCA filings, the company has open charges of ₹4.25 Cr and satisfied charges of ₹2.78 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
Neospace Tele Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0018625). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Neospace Tele Technologies Private Limited
CIN U51103TG2013PTC086784
Registration Number 086784
Incorporation Date 03 April 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0018625
CIN History
Neospace Tele Technologies has one previous CIN (Corporate Identification Number): U51103AP2013PTC086784. The current CIN is U51103TG2013PTC086784, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51103TG2013PTC086784 | Current |
| U51103AP2013PTC086784 | Previous |
Key People
Bhanu Prasad Sri Venkata Chennapragada Managing Director Akilandeshwari Chennapragada Director Recognitions & Rankings of Neospace Tele Technologies
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address6 – 1 – 289/7 Padmarao Nagar, Secunderabad, Telangana, India – 500025
- IndustryInformation Technology, IT Products Retail & Distribution
Comprehensive company report
Neospace Tele Technologies 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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Business Activity
The main business activity of Neospace Tele Technologies is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Neospace Tele Technologies Private Limited
FY 2022 filings availableNeospace Tele Technologies Private Limited reported revenue of ₹23.5 Lakh (down 8% YoY) for FY 2022.
Revenue · FY 2022
₹23.5 Lakh ▼ 8%
Net loss · FY 2022
₹3.39 Lakh margin -14.4%
EBITDA · FY 2022
₹3.54 Lakh margin 15.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▼ 78%
5 years · compounded
▼ 65%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▲ 27%
5 years · compounded
▼ 45%
Revenue has declined at a compounded annual rate (CAGR) of 65% over five years, including a 8% fall in the latest year. EBITDA fell 69% 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 2017-18 to FY 2020-21in the company report |
|---|---|---|
| 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 | ₹3.54 Lakh | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | -₹3.39 Lakh | |
| 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
| Metrics | FY 2021-22 | FY 2017-18 to FY 2020-21in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 15.1% | |
| Net Profit Margin | -14.4% | |
| 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, and every line for FY 2017-18 to FY 2020-21, 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 Neospace Tele Technologies are in the company report.
: available in the company report
Board of Directors of Neospace Tele Technologies Private Limited
Neospace Tele Technologies 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 |
|---|---|---|---|---|
| Bhanu Prasad Sri Venkata Chennapragada | Managing Director | 03 Apr 2013 | 13 Years 6 Months | Current |
| Akilandeshwari Chennapragada | Director | 03 Apr 2013 | 13 Years 6 Months | Current |
Auditor Details
Neospace Tele Technologies Private Limited is audited by C VENKATRAM & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C VENKATRAM & CO | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Open charges
₹4.25 Cr
Satisfied charges
₹2.78 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Feb 2016 | State Bank of India | ₹4.25 Cr | Open |
| 16 Jun 2014 | Hdfc Bank Limited | ₹1.85 Cr | Satisfied |
| 06 Jul 2013 | State Bank of Hyderabad | ₹93 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases
Neospace Tele Technologies Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed against the company
4
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Magma Fincorp Limited | Disposed |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Standard Chartered Bank | Pending |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by M/S. Aditya Associates | Disposed |
: available in 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.
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Neospace Tele Technologies.
: available in the company report
Recent Activity
Neospace Tele Technologies Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Akilandeshwari Chennapragada ceased to be Whole-Time Director on 01 Mar 2019.
AGM
Neospace Tele Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Charges
A charge registered on 16 Jun 2014 via Charge ID 10508042 with Hdfc Bank Limited was fully satisfied on 06 Jun 2022.
Filing
Neospace Tele Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.
Ceased
Akilandeshwari Chennapragada ceased to be Whole-Time Director.
Charges
A charge with State Bank Of India of Rs. 425.00 Lakh registered on 04 Feb 2016 with Charge ID 10623107 was modified on 27 Mar 2017.
Charges
A charge with State Bank Of India amounted to Rs. 425.00 Lakh with Charge ID 10623107 was registered on 04 Feb 2016.
Charges
A charge with Hdfc Bank Limited of Rs. 185.00 Lakh registered on 16 Jun 2014 with Charge ID 10508042 was modified on 28 Aug 2015.
Charges
A charge registered on 06 Jul 2013 via Charge ID 10441079 with State Bank Of Hyderabad was fully satisfied on 03 Jul 2014.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 185.00 Lakh with Charge ID 10508042 was registered on 16 Jun 2014.
Ceased
Bhanu Prasad Sri Venkata Chennapragada ceased to be Director.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 93.00 Lakh with Charge ID 10441079 was registered on 06 Jul 2013.
Appointed
Akilandeshwari Chennapragada was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Neospace Tele Technologies has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECN3035F1ZR | Telangana | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
Neospace Tele Technologies is an active private limited company based in Secunderabad, Telangana, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 03 April 2013 (13+ years old) and is registered under CIN U51103TG2013PTC086784.
Neospace Tele Technologies has 2 current directors:
- Bhanu Prasad Sri Venkata Chennapragada - Managing Director
- Akilandeshwari Chennapragada - Director
The latest financial statements of Neospace Tele Technologies 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.
The GSTIN of Neospace Tele Technologies is 36AAECN3035F1ZR, registered in Telangana.
The CIN (Corporate Identification Number) of Neospace Tele Technologies is U51103TG2013PTC086784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neospace Tele Technologies has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the district courts.
Neospace Tele Technologies was incorporated on 03 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
Akilandeshwari Chennapragada ceased to be Whole-Time Director on 01 Mar 2019. Bhanu Prasad Sri Venkata Chennapragada ceased to be Director on 01 Mar 2014. Akilandeshwari Chennapragada was appointed as Director on 03 Apr 2013. Neospace Tele Technologies has 4 board changes on record in total.
Yes, Neospace Tele Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0018625).
The registered office of Neospace Tele Technologies is at 6 – 1 – 2897 Padmarao Nagar, Secunderabad, Telangana, India – 500025.