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About Neri Lighting (India) Private Limited
Data last updated:
Neri Lighting (India) Private Limited is a foreign private limited company based in Malur, Karnataka, India, a subsidiary of Neri Spa. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 02 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36100KA2013FTC068401. Its GSTIN is 29AAECN3103G1ZR (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.56 Cr. It was formerly known as Neri India Private Limited. It is led by directors including Gurminder Singh (Managing Director) and Isacco Neri.
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 Plot No. 46A Malur 4th Phase KIADB Industrial Area, Karnataka, India – 563130.
As per the financials filed for FY 2025, the company reported a revenue of ₹32.28 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹2.15 Cr (net margin 6.7%) and EBITDA of ₹3.36 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 22% over five years.
The company has about 41 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Neri. As per MCA filings, the company has satisfied charges of ₹22.49 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neri.biz.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 46A Malur 4th Phase KIADB Industrial Area, Karnataka, India – 563130
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
- One PDF report, delivered after checkout
Business Activity of Neri Lighting (India) Private Limited
The main business activity of Neri Lighting (India) is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Neri Lighting (India) Private Limited FY 2025 filings available
Neri Lighting (India) Private Limited reported revenue of ₹32.28 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Neri Lighting (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 16% growth in the latest year. EBITDA rose 28% 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 of Neri Lighting (India) Private Limited
| 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 | ₹3.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.15 Cr | •••• | •••• | •••• | •••• |
| 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 of Neri Lighting (India) Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.7% | •••• | •••• | •••• | •••• |
| 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 Neri Lighting (India) are in the company report.
Financial statements from 2015
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.
Peer Comparison of Neri Lighting (India) Private Limited
Neri Lighting (India) Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Lighting). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Selfridges Private Limited | ₹32.53 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Ernakulam, Kerala, India |
| Orisol Infra Private Limited | ₹32.52 Cr (FY 2025) | •••• | •••• | 102.0% | •••• | Jalgaon, Maharashtra, India |
| Maxon Precision Motor India Private Limited | ₹32.51 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Mahadev Saur Urja Projects Private Limited | ₹32.46 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| R.B.Home Appliances India Private Limited | ₹32.3 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Ujjain, Madhya Pradesh, India |
| Neri Lighting (India) Private Limited this company | ₹32.28 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Malur, Karnataka, India |
| Continental Lighting India Private Limited | ₹32.28 Cr (FY 2022) | •••• | •••• | -11.0% | •••• | Bangalore, Karnataka, India |
| Anurish Exim Private Limited | ₹32.21 Cr (FY 2018) | •••• | •••• | 1390.0% | •••• | Delhi, India |
| Vibgyor Power India Private Limited | ₹32.15 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Shrey Electro Sales Private Limited | ₹32.13 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | Secunderabad, Telangana, India |
| Veetee Trading Private Limited | ₹31.99 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Neri Lighting (India) by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Lighting), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Neri Lighting (India) Private Limited
Neri Lighting (India) Private Limited is audited by Badami & Kamath for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Badami & Kamath | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Neri Lighting (India) Private Limited
Neri Lighting (India) has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Isacco Neri | Director | 02 Apr 2013 | 13 Years 6 Months | Current |
| Alok Kumar Rathi | Director | 02 Apr 2013 | 13 Years 6 Months | Current |
| Antonio Neri | Director | 20 Nov 2013 | 12 Years 10 Months | Current |
| Gurminder Singh | Managing Director | 12 Jul 2018 | 8 Years 3 Months | Current |
| Stefano Peraccini | Director | 12 Jul 2018 | 8 Years 3 Months | Current |
Ownership and Shareholding of Neri Lighting (India) 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 Neri Lighting (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2015 | Citi Bank N.A. | ₹22.49 Lakh | Satisfied |
Total charge records: 1 View all charges
MSME Payment Delays by Neri Lighting (India) Private Limited
Neri Lighting (India) Private Limited has 11 MSME Form 1 returns on record between 2018 and 2023, listing 487 overdue payments to 59 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 59)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Forza Casting Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Varna Coats Private Limited | •••• | •••• | •••• |
| Deccan Die Castings Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 11 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Neri Lighting (India) Private Limited
Neri Lighting (India) Private Limited has a workforce of 41 employees as of Apr 08, 2024.
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 Neri Lighting (India) Private Limited
Neri Lighting (India) Private Limited has 8 board changes on record since 2013: 5 appointments and 3 cessations. The latest: Gurminder Singh ceased to be Additional Director on 29 Sep 2018.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neri Lighting (India) 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.
Subsidiaries & Group Companies of Neri Lighting (India) 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 Neri Lighting (India) Private Limited
Neri Lighting (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECN3103G1ZR | Karnataka | Active | 01 Jul 2017 |
| 27AAECN3103G1ZV | Maharashtra | Active | 24 Dec 2024 |
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 Neri Lighting (India) 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 Neri Lighting (India) Private Limited
Neri Lighting (India) is an active foreign private limited company based in Malur, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 02 April 2013 (13+ years old) and is registered under CIN U36100KA2013FTC068401.
Neri Lighting (India) reported revenue of ₹32.28 Cr for FY 2025 (up 16% YoY).
Neri Lighting (India) has 5 current directors:
- Gurminder Singh - Managing Director
- Isacco Neri - Director
- Alok Kumar Rathi - Director
- Antonio Neri - Director
- Stefano Peraccini - Director
Neri Lighting (India) reported a net profit of ₹2.15 Cr (net margin 6.7%) and EBITDA of ₹3.36 Cr (EBITDA margin 10.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neri Lighting (India) is 13% over three years and 22% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neri Lighting (India) is 29AAECN3103G1ZR, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECN3103G1ZV (Maharashtra).
The CIN (Corporate Identification Number) of Neri Lighting (India) is U36100KA2013FTC068401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neri Lighting (India) was incorporated on 02 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neri Lighting (India) by revenue are Selfridges Private Limited, Orisol Infra Private Limited, Maxon Precision Motor India Private Limited, Mahadev Saur Urja Projects Private Limited, R.B.Home Appliances India Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution, Lighting).
Gurminder Singh ceased to be Additional Director on 29 Sep 2018. Stefano Peraccini ceased to be Additional Director on 29 Sep 2018. Gurminder Singh was appointed as Managing Director on 12 Jul 2018. Neri Lighting (India) has 8 board changes on record in total.
Neri Lighting (India) has 11 MSME Form 1 returns on record between 2018 and 2023, listing 487 overdue payments to 59 micro and small suppliers. The latest return was filed on 29 Apr 2023.
Neri Lighting (India) can be reached through the website neri.biz. Its registered office is in Malur, Karnataka, India.