Neptune Resorts and Development Pvt Ltd
About Neptune Resorts and Development Pvt Ltd
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Neptune Resorts and Development Pvt Ltd is a private limited company based in Mumbai, Maharashtra, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 22 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U71000MH1992PTC064992.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors including Chetan Jashwant Mehta and Pramila Jashwant Mehta.
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 is at B – 145/146 Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.52 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.01 Lakh (net margin 68.1%) and EBITDA of ₹20.5 Lakh (EBITDA margin 87.2%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹8.73 Cr and satisfied charges of ₹34.5 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Neptune Resorts and Development Pvt Ltd's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 145/146 Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryFinancial Services, Diversified Financial Services, Real Estate Financing
To see the full contact details of Neptune Resorts and Development Pvt Ltd, 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 Neptune Resorts and Development is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
Financials of Neptune Resorts and Development Pvt Ltd
FY 2024 filings availableNeptune Resorts and Development Pvt Ltd reported revenue of ₹23.52 Lakh (up 152% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 152% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 191% 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 |
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| EBITDA | ₹20.5 Lakh | ||||
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| Net Profit (PAT) | ₹16.01 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 87.2% | ||||
| Net Profit Margin | 68.1% | ||||
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To see the full financial statements and ratios of Neptune Resorts and Development Pvt Ltd, buy the company report.
Board of directors of Neptune Resorts and Development Pvt Ltd
Neptune Resorts and Development has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chetan Jashwant Mehta Also directs: Mercury Realtors Private Limited, Juhu Resorts and Development Private Limited, Panorama Mercantile Private Limited and 5 more | Director | 22 Jan 1992 | 34 Years 9 Months | Current |
| Pramila Jashwant Mehta Also directs: Mercury Realtors Private Limited, Juhu Resorts and Development Private Limited, Panorama Mercantile Private Limited and 2 more | Director | 13 Jan 1994 | 32 Years 9 Months | Current |
| Jashwant Bhaichand Mehta Also directs: Emerald Leisures Limited, Mercury Realtors Private Limited, Juhu Resorts and Development Private Limited and 2 more | Director | 13 Jan 1994 | 32 Years 9 Months | Current |
Auditor
Neptune Resorts and Development Pvt Ltd is audited by P H VORA AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P H VORA AND ASSOCIATES | FY 2022 | 111611W |
Shareholding
The shareholding of Neptune Resorts and Development Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Neptune Resorts and Development Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2021 | 100459043 | Others | ₹8.73 Cr | Open | |
| 24 Nov 2011 | 10324281 | Axis Bank Limited | ₹34.5 Cr | Satisfied |
To see the full charge records of Neptune Resorts and Development Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Neptune Resorts and Development Pvt Ltd has 3 court cases on record: 1 filed by Neptune Resorts and Development, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Mumbai Building Reqpirs and Reconstruction Board (MBRR Board) and 2 Others and 2 others | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed against the company by an individual | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Neptune Resorts and Development Pvt Ltd, 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 Neptune Resorts and Development Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Neptune Resorts and Development Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Neptune Resorts and Development Pvt Ltd has 3 board changes on record since 1992: 3 appointments. The latest: Jashwant Bhaichand Mehta was appointed as Director on 13 Jan 1994.
Frequently asked questions
Neptune Resorts and Development is an active private limited company based in Mumbai, Maharashtra, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 22 January 1992 (34+ years old) and is registered under CIN U71000MH1992PTC064992.
Neptune Resorts and Development has 3 current directors:
- Chetan Jashwant Mehta - Director
- Pramila Jashwant Mehta - Director
- Jashwant Bhaichand Mehta - Director
The latest financial statements of Neptune Resorts and Development on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Neptune Resorts and Development is U71000MH1992PTC064992. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neptune Resorts and Development has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
Neptune Resorts and Development was incorporated on 22 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Jashwant Bhaichand Mehta was appointed as Director on 13 Jan 1994. Pramila Jashwant Mehta was appointed as Director on 13 Jan 1994. Chetan Jashwant Mehta was appointed as Director on 22 Jan 1992.
The registered office of Neptune Resorts and Development is at B – 145146 Mittal Tower Nariman Point, Mumbai, Maharashtra, India – 400021.
Neptune Resorts and Development operates in the financial services industry, in the diversified financial services segment.
Neptune Resorts and Development has open charges of ₹8.73 Cr and satisfied charges of ₹34.5 Cr as per latest MCA filings.