About Neovegam Technologies Private Limited
Data last updated:
Neovegam Technologies Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the service-based operations segment of the business services sector. It was incorporated on 22 November 2017.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC108100. Its GSTIN is 29AAFCN8479G1ZT (Karnataka).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Nagesh Dattatray Vernekar and Roopashree Elluru.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at #32 Sai Nivas 1st Floor Bds Layout 1st Cross Shivaram Karanth Nagar Post, Bangalore, Karnataka, India – 560077.
As per the financials filed for FY 2022, the company reported a revenue of ₹20.08 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹50,545 (net margin 2.5%) and EBITDA of ₹1.13 Lakh (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 466% over three years.
The last known website on record is neovegam.com.
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- Website
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- Registered Address#32 Sai Nivas 1st Floor Bds Layout 1st Cross Shivaram Karanth Nagar Post, Bangalore, Karnataka, India – 560077
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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 of Neovegam Technologies Private Limited
The main business activity of Neovegam Technologies is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Neovegam Technologies Private Limited FY 2024 filings available
Neovegam Technologies Private Limited reported revenue of ₹20.08 Lakh (up 2737% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Neovegam Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 466% over three years. 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 of Neovegam Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹20.08 Lakh | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹50,545 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Neovegam Technologies Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.5% | •••• | •••• | •••• | •••• |
| 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 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 Neovegam Technologies are in the company report.
Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Neovegam Technologies Private Limited
Neovegam Technologies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nagesh Dattatray Vernekar | Director | 22 Nov 2017 | 8 Years 10 Months | As last reported |
| Roopashree Elluru | Director | 21 Sep 2018 | 8 Years 0 Months | As last reported |
| Nagendra Kumar Elluru | Director | 22 Nov 2017 | 8 Years 10 Months | As last reported |
Ownership and Shareholding of Neovegam Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Neovegam Technologies Private Limited
Neovegam Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Neovegam Technologies Private Limited
Employment history and EPFO contributions of people linked to Neovegam Technologies.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Neovegam Technologies Private Limited
Neovegam Technologies Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Roopashree Elluru was appointed as Director on 21 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Neovegam Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Neovegam Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Neovegam Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Neovegam Technologies Private Limited
Neovegam Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN8479G1ZT | Karnataka | Active | 15 Dec 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Neovegam Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Neovegam Technologies Private Limited
Neovegam Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Neovegam Technologies was a private limited company based in Bangalore, Karnataka, India. The company worked in other services, within the business services industry. It was incorporated on 22 November 2017 and is registered under CIN U74999KA2017PTC108100. The company has been struck off by the Registrar of Companies and is no longer operational.
Neovegam Technologies had 3 directors:
- Nagesh Dattatray Vernekar - Director
- Roopashree Elluru - Director
- Nagendra Kumar Elluru - Director
The CIN (Corporate Identification Number) of Neovegam Technologies is U74999KA2017PTC108100. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Neovegam Technologies is at #32 Sai Nivas 1st Floor Bds Layout 1st Cross Shivaram Karanth Nagar Post, Bangalore, Karnataka, India – 560077.
Neovegam Technologies was incorporated on 22 November 2017. It is registered with the Registrar of Companies, Bangalore.
Neovegam Technologies can be reached through the website neovegam.com. Its registered office is in Bangalore, Karnataka, India.
Neovegam Technologies reported revenue of ₹20.08 Lakh for FY 2022 (up 2737% YoY).
Neovegam Technologies has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Neovegam Technologies reported a net profit of ₹50,545 (net margin 2.5%) and EBITDA of ₹1.13 Lakh (EBITDA margin 5.6%) for FY 2022, as per its filed financial statements.