About Neumec Development & Allied Services Private Limited
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Neumec Development & Allied Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 August 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45201MH2007PTC173574. Its GSTIN is 27AACCN6508R1ZV (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Neumec Development & Allied Services Limited. It is led by directors including Ghewarchand Hajarimal Jain and Mohinidevi Ghewarchand Jain.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 207 2nd Floor Regent Chambers 208 Block No.III Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2021, the company reported a revenue of ₹4.65 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹4.61 Cr (net margin -99.2%) and EBITDA of -₹6.6 Lakh (EBITDA margin -1.4%). Revenue has declined at a compounded annual rate (CAGR) of 20% over five years.
Its group structure includes 4 subsidiaries.
As per MCA filings, the company has open charges of ₹9.68 Cr and satisfied charges of ₹100 Cr on record. Court records list 37 cases involving the company, including 37 filed against it; 2 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website neumec.com.
Company details
CIN history
Neumec Development & Allied Services has one previous CIN (Corporate Identification Number): U45201MH2007PLC173574. The current CIN is U45201MH2007PTC173574, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45201MH2007PTC173574 | Current |
| U45201MH2007PLC173574 | Previous |
Contact details
Neumec Development & Allied Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is neumec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address207 2nd Floor Regent Chambers 208 Block No.III Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Neumec Development & Allied Services 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 Neumec Development & Allied Services is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Neumec Development & Allied Services Private Limited, buy the company report.
Financials of Neumec Development & Allied Services Private Limited
FY 2022 filings availableNeumec Development & Allied Services Private Limited reported revenue of ₹4.65 Cr (down 38% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 38% fall in the latest year. EBITDA fell 101% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹6.6 Lakh | ||||
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| Net Profit (PAT) | -₹4.61 Cr | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | -1.4% | ||||
| Net Profit Margin | -99.2% | ||||
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To see the full financial statements and ratios of Neumec Development & Allied Services Private Limited, buy the company report.
Board of directors of Neumec Development & Allied Services Private Limited
Neumec Development & Allied Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ghewarchand Hajarimal Jain | Director | 28 Aug 2007 | 19 Years 1 Months | Current |
| Mohinidevi Ghewarchand Jain | Director | 28 Aug 2007 | 19 Years 1 Months | Current |
| Meeta Rajesh Jain Also directs: Saarthi Developers LLP, Neumec Cloud Kitchen LLP, Moss Realtors Private Limited and 2 more | Director | 28 Aug 2007 | 19 Years 1 Months | Current |
Peer comparison
Neumec Development & Allied Services Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hallmark Townships Private Limited | ₹4.65 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India | |||
| Neumec Development & Allied Services Private Limitedthis company | ₹4.65 Cr (FY 2021) | -₹4.61 Cr | -99.2% | -38.0% | Mumbai, Maharashtra, India | |
| Kairali Home Apartments & Villas Private Limited | ₹4.65 Cr (FY 2025) | 36.0% | Thrissur, Kerala, India | |||
| Impact Sare Realty Private Limited | ₹4.65 Cr (FY 2025) | -46.0% | Ludhiana, Punjab, India | |||
| Mythrielite Homes Private Limited | ₹4.65 Cr (FY 2018) | 104.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Neumec Development & Allied Services Private Limited, buy the company report.
Auditor
Neumec Development & Allied Services Private Limited is audited by R R FALOD & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R R FALOD & CO | FY 2016 | 102834W |
Shareholding
The shareholding of Neumec Development & Allied Services Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neumec Development & Allied Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Aug 2020 | 100402679 | Others | ₹2.1 Cr | Open | |
| 05 Apr 2016 | 100033994 | Others | ₹7 Cr | Open | |
| 18 Feb 2011 | 10334989 | Bank of Baroda | ₹58 Lakh | Open | |
| 10 Mar 2015 | 10554413 | Il & Fs Trust Company Limited | ₹50 Cr | Satisfied | |
| 10 Mar 2015 | 10555865 | Il & Fs Trust Company Limited | ₹50 Cr | Satisfied |
To see the full charge records of Neumec Development & Allied Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Neumec Development & Allied Services Private Limited has 37 court cases on record: 37 filed against it. 2 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 34 | 34 | 2 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Idfc First Bank Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Idfc First Bank Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Idfc First Bank Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Idfc First Bank Limited Through Amey Govind Raut | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Idfc First Bank Ltd. | Disposed |
To see the full case history of Neumec Development & Allied Services 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 Neumec Development & Allied Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Neumec Development & Allied Services has 4 subsidiary companies and 8 associated companies. This group structure data is as of FY 2016. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Track Estates Private Limited | U45203MH2007PTC172827 | |
| Diyug Construction Private Limited | U45203MH2012PTC228517 | |
| Saarthi Finvest and Developers Private Limited | U65990MH1996PTC098370 | |
| Ambekar Consultants Pvt Ltd | U74210MH1987PTC042880 |
To see the full group structure of Neumec Development & Allied Services Private Limited, buy the company report.
GST
Neumec Development & Allied Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN6508R1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neumec Development & Allied Services Private Limited, buy the company report.
Recent activity
Neumec Development & Allied Services Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Rajesh Ghewarchand Jain ceased to be Director on 16 Jan 2015.
6 earlier events are in the company report.
Frequently asked questions
Neumec Development & Allied Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 August 2007 (19+ years old) and is registered under CIN U45201MH2007PTC173574.
Neumec Development & Allied Services has 3 current directors:
- Ghewarchand Hajarimal Jain - Director
- Mohinidevi Ghewarchand Jain - Director
- Meeta Rajesh Jain - Director
The latest financial statements of Neumec Development & Allied Services on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Neumec Development & Allied Services is 27AACCN6508R1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Neumec Development & Allied Services is U45201MH2007PTC173574. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neumec Development & Allied Services has 37 court cases on record: 37 filed against it. 2 are pending. Most are in the district courts.
Neumec Development & Allied Services was incorporated on 28 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Neumec Development & Allied Services by revenue are Hallmark Townships Private Limited, Kairali Home Apartments & Villas Private Limited, Impact Sare Realty Private Limited, Mythrielite Homes Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Rajesh Ghewarchand Jain ceased to be Director on 16 Jan 2015. Rajesh Ghewarchand Jain ceased to be Director on 16 Jan 2015. Hemchand Jaynarayan Purohit ceased to be Director on 10 Nov 2014. Neumec Development & Allied Services has 7 board changes on record in total.
Neumec Development & Allied Services can be reached through the website neumec.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Neumec Development & Allied Services is at 207 2nd Floor Regent Chambers 208 Block No.III Backbay Reclamation Nariman Point, Mumbai, Maharashtra, India – 400021.