- Udyam number
- UDYAM-GJ-09-0006329

About Neotex Yarns Private Limited
Data last updated:
Neotex Yarns Private Limited is a private limited company based in Gandhinagar, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 22 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51100GJ2005PTC046635. Its GSTIN is 24AACCN1550H1ZU (Gujarat).
The company has an authorised share capital of ₹66 Lakh and a paid-up capital of ₹66 Lakh. It was formerly known as Nexusneo System and Exim Private Limited. It is led by directors including Vijaykumar Mafatlal Patel and Palakkumar Thakkar.
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 413 4th Floor Meghmalhar Sector 11, Gandhinagar, Gujarat, India – 382011.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.88 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹43.14 Lakh (net margin 1.4%) and EBITDA of ₹64.13 Lakh (EBITDA margin 2.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹9.1 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Neotex Yarns Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0006329). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neotexgroup.com.
Company details
Recognitions & Rankings of Neotex Yarns
Contact details
Neotex Yarns Private Limited's registered office is in Gandhinagar, Gujarat. Its website is neotexgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address413 4th Floor Meghmalhar Sector 11, Gandhinagar, Gujarat, India – 382011
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Neotex Yarns 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 Neotex Yarns 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 Neotex Yarns Private Limited, buy the company report.
Financials of Neotex Yarns Private Limited
FY 2025 filings availableNeotex Yarns Private Limited reported revenue of ₹30.88 Cr (down 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 17% fall in the latest year. EBITDA rose 36% 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 |
|---|---|---|---|---|---|
| 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 | ₹64.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹43.14 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.1% | ||||
| Net Profit Margin | 1.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Neotex Yarns Private Limited, buy the company report.
Board of directors of Neotex Yarns Private Limited
Neotex Yarns has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Mafatlal Patel | Director | 22 Aug 2005 | 21 Years 2 Months | Current |
| Palakkumar Thakkar | Director | 22 Aug 2005 | 21 Years 2 Months | Current |
| Sejal Vijaykumar Patel | Director | 03 Jan 2012 | 14 Years 9 Months | Current |
| Harshketu Dashrathbhai Patel | Director | 14 May 2019 | 7 Years 5 Months | Current |
Auditor
Neotex Yarns Private Limited is audited by NEETA M KRIPLANI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEETA M KRIPLANI & CO. | FY 2023 | 164114 |
Shareholding
The shareholding of Neotex Yarns 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 Neotex Yarns Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 May 2019 | 100263406 | Others | ₹3.75 Cr | Open | |
| 30 Jan 2013 | 10414107 | Bank of Maharastra | ₹7 Cr | Satisfied | |
| 15 Jul 2010 | 10234237 | Oriental Bank of Commerce | ₹1.5 Cr | Satisfied | |
| 28 Feb 2008 | 10089705 | Oriental Bank of Commerce | ₹60 Lakh | Satisfied |
To see the full charge records of Neotex Yarns Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Neotex Yarns Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mansa, Punjab | Civil miscellaneous application | Filed against the company by Ganga Spintex Limited | Disposed |
| District court, Mansa, Punjab | Civil suit | Filed against the company by Ganga Spintex Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
To see the full case history of Neotex Yarns 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 Neotex Yarns Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Neotex Yarns has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCN1550H1ZU | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neotex Yarns Private Limited, buy the company report.
Recent activity
Neotex Yarns Private Limited has 6 board changes on record since 2005: 5 appointments and 1 cessation. The latest: Harshketu Dashrathbhai Patel was appointed as Director on 14 May 2019.
7 earlier events are in the company report.
Frequently asked questions
Neotex Yarns is an active private limited company based in Gandhinagar, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 22 August 2005 (21+ years old) and is registered under CIN U51100GJ2005PTC046635.
Neotex Yarns has 4 current directors:
- Vijaykumar Mafatlal Patel - Director
- Palakkumar Thakkar - Director
- Sejal Vijaykumar Patel - Director
- Harshketu Dashrathbhai Patel - Director
The latest financial statements of Neotex Yarns 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 Neotex Yarns is 24AACCN1550H1ZU, registered in Gujarat.
The CIN (Corporate Identification Number) of Neotex Yarns is U51100GJ2005PTC046635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neotex Yarns has 3 court cases on record: 3 filed against it.
Neotex Yarns was incorporated on 22 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Harshketu Dashrathbhai Patel was appointed as Director on 14 May 2019. Sejal Vijaykumar Patel was appointed as Director on 03 Jan 2012. Niket Kiritkumar Patel ceased to be Director on 01 Dec 2010. Neotex Yarns has 6 board changes on record in total.
Yes, Neotex Yarns is registered as an MSME under Udyam registration (number: UDYAM-GJ-09-0006329).
Neotex Yarns can be reached through the website neotexgroup.com. Its registered office is in Gandhinagar, Gujarat, India.

