- Udyam number
- UDYAM-KR-03-0238160

Neotel Communications Private Limited
About Neotel Communications Private Limited
Data last updated:
Neotel Communications Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2014PTC076464. Its GSTIN is 29AAECN7411P1ZX (Karnataka).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Maqsood Iqbal Fulara and Siraj Iqbal Fulara.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹17.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹15.21 Lakh (net margin 0.9%) and EBITDA of ₹30.37 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹13 Cr on record.
Neotel Communications Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KR-03-0238160). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Neotel Communications
Contact details
Neotel Communications Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.03 Old No. 127 Cambridge Layout, 5th Cross Someshwarapuram Ulsoor, Bangalore, Karnataka, India – 560008
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Neotel Communications 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 Neotel Communications is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Neotel Communications Private Limited, buy the company report.
Financials of Neotel Communications Private Limited
FY 2023 filings availableNeotel Communications Private Limited reported revenue of ₹17.43 Cr (up 415% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 415% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 18%. EBITDA rose 330% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹17.43 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹30.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.21 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 | |||||
To see the full financial statements and ratios of Neotel Communications Private Limited, buy the company report.
Board of directors of Neotel Communications Private Limited
Neotel Communications has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maqsood Iqbal Fulara Also directs: Techpulse International Private Limited | Director | 17 Sep 2014 | 12 Years 1 Months | Current |
| Siraj Iqbal Fulara | Director | 17 Sep 2014 | 12 Years 1 Months | Current |
| Iqbal Rahemtulla Fulara | Director | 17 Sep 2014 | 12 Years 1 Months | Current |
| Mohsin Iqbal Fulara Also directs: Techpulse International Private Limited | Director | 17 Sep 2014 | 12 Years 1 Months | Current |
| Istihak Iqbal Fulara | Director | 17 Sep 2014 | 12 Years 1 Months | Current |
Peer comparison
Neotel Communications Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Communications, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elenser Engineering India Private Limited | ₹17.62 Cr (FY 2025) | -11.0% | Bangalore, Karnataka, India | |||
| NDJ Solar Power Private Limited | ₹17.61 Cr (FY 2025) | 232.0% | Sri Ganganagar, Rajasthan, India | |||
| Dhruvisha Hvac Systems Private Limited | ₹17.54 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Omtron Power Systems Private Limited | ₹17.51 Cr (FY 2025) | -18.0% | Bhubaneswar, Odisha, India | |||
| Neotel Communications Private Limitedthis company | ₹17.43 Cr (FY 2023) | ₹15.21 Lakh | 0.9% | 415.0% | Bangalore, Karnataka, India | |
| Matri Shree Powertronics Private Limited | ₹17.39 Cr (FY 2024) | -8.0% | Varanasi, Uttar Pradesh, India | |||
| Gaurish Sales Private Limited | ₹17.31 Cr (FY 2024) | -10.0% | Ludhiana, Punjab, India |
To see the full peer comparison of Neotel Communications Private Limited, buy the company report.
Auditor
Neotel Communications Private Limited is audited by P. ISHWARA BHAT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P. ISHWARA BHAT & CO | FY 2023 | 001156S |
Shareholding
The shareholding of Neotel Communications 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 Neotel Communications Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2023 | 100767362 | State Bank of India | ₹13 Cr | Open |
To see the full charge records of Neotel Communications Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Neotel Communications 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 Neotel Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neotel Communications has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN7411P1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neotel Communications Private Limited, buy the company report.
Recent activity
Neotel Communications Private Limited has 7 board changes on record since 2014: 5 appointments and 2 cessations. The latest: Aafreen Istihak Fulara ceased to be Additional Director on 29 Sep 2018.
Frequently asked questions
Neotel Communications is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 September 2014 (12+ years old) and is registered under CIN U51909KA2014PTC076464.
Neotel Communications has 5 current directors:
- Maqsood Iqbal Fulara - Director
- Siraj Iqbal Fulara - Director
- Iqbal Rahemtulla Fulara - Director
- Mohsin Iqbal Fulara - Director
- Istihak Iqbal Fulara - Director
The latest financial statements of Neotel Communications on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Neotel Communications is 29AAECN7411P1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Neotel Communications is U51909KA2014PTC076464. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neotel Communications was incorporated on 17 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neotel Communications by revenue are Elenser Engineering India Private Limited, NDJ Solar Power Private Limited, Dhruvisha Hvac Systems Private Limited, Omtron Power Systems Private Limited, Matri Shree Powertronics Private Limited and 1 more, all in the Consumer Durables industry (Communications, Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Aafreen Istihak Fulara ceased to be Additional Director on 29 Sep 2018. Shaheen Faruk Dumba ceased to be Additional Director on 29 Sep 2018. Iqbal Rahemtulla Fulara was appointed as Director on 17 Sep 2014. Neotel Communications has 7 board changes on record in total.
Yes, Neotel Communications is registered as an MSME under Udyam registration (number: UDYAM-KR-03-0238160).
The registered office of Neotel Communications is at No.03 Old No. 127 Cambridge Layout, 5th Cross Someshwarapuram Ulsoor, Bangalore, Karnataka, India – 560008.
Neotel Communications operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.

