Neotel Communications Private Limited

Neotel Communications Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U51909KA2014PTC076464 Incorporated 17 September 2014 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company consumer electronics and durables MSME
Data last updated
Revenue · FY 2023
₹17.43 Cr
▲ 415% YoY
Net profit · FY 2023
₹15.21 Lakh
Net margin 0.9%
EBITDA · FY 2023
₹30.37 Lakh
EBITDA margin 1.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹13 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
5
As per MCA filings

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

CIN U51909KA2014PTC076464
Registration Number 076464
Incorporation Date 17 September 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-KR-03-0238160

Recognitions & Rankings of Neotel Communications

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-KR-03-0238160

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 Address
    No.03 Old No. 127 Cambridge Layout, 5th Cross Someshwarapuram Ulsoor, Bangalore, Karnataka, India – 560008
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Neotel Communications Private Limited, buy the company report.

Comprehensive company report
Neotel Communications 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 Neotel Communications is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale 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 available

Neotel Communications Private Limited reported revenue of ₹17.43 Cr (up 415% YoY) for FY 2023.

Revenue · FY 2023
₹17.43 Cr ▲ 415%
Net profit · FY 2023
₹15.21 Lakh margin 0.9%
EBITDA · FY 2023
₹30.37 Lakh margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 415%
3 years · compounded
▲ 11%
5 years · compounded
▼ 18%
EBITDA CAGR growth
1 year
▲ 330%
3 years · compounded
▲ 37%
5 years · compounded
▲ 22%

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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin1.7%
Net Profit Margin0.9%
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.

Current Directors
NameDesignationAppointment DateTenureStatus
Maqsood Iqbal FularaDirector17 Sep 201412 Years 1 MonthsCurrent
Siraj Iqbal FularaDirector17 Sep 201412 Years 1 MonthsCurrent
Iqbal Rahemtulla FularaDirector17 Sep 201412 Years 1 MonthsCurrent
Mohsin Iqbal FularaDirector17 Sep 201412 Years 1 MonthsCurrent
Istihak Iqbal FularaDirector17 Sep 201412 Years 1 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Lakh0.9%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 firmFinancial yearFirm registration number
P. ISHWARA BHAT & COFY 2023001156S

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 categoryFY 2023FY 2022FY 2021FY 2020FY 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

Open charges
₹13 Cr
Satisfied charges
None
Breakdown by lending institutions
State Bank of India₹13.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
17 Aug 2023100767362State Bank of India₹13 CrOpen

To see the full charge records of Neotel Communications Private Limited, buy the company report.

Total charge records: 1 View all charges

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.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAECN7411P1ZXKarnatakaActive01 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.

Charges
A charge with State Bank Of India of Rs. 13.00 Cr registered on 17 Aug 2023 with Charge ID 100767362 was modified on 02 Jan 2024.
AGM
Neotel Communications Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with State Bank Of India amounted to Rs. 13.00 Cr with Charge ID 100767362 was registered on 17 Aug 2023.
Filing
Neotel Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Aafreen Istihak Fulara ceased to be Additional Director.
Ceased
Shaheen Faruk Dumba ceased to be Additional Director.
Appointed
Iqbal Rahemtulla Fulara was appointed as Director.
Appointed
Istihak Iqbal Fulara was appointed as Director.
Appointed
Maqsood Iqbal Fulara was appointed as Director.
Appointed
Mohsin Iqbal Fulara was appointed as Director.
Appointed
Siraj Iqbal Fulara was appointed as Director.
Incorporation
17 Sep 2014
Neotel Communications Private Limited was registered on 17 Sep 2014 with Roc Bangalore & aged 12 years 1 month as per MCA records.

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:

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.