Neunets Technology Private Limited
About Neunets Technology Private Limited
Data last updated:
Neunets Technology Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 19 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U72900TZ2016PTC028263. Its GSTIN is 33AAFCN4755K1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Arun Kulasekaran and Gajalakshmi Kothandam.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 2/173 Kumudam Nagar Vilankurichi Road, Coimbatore, Tamil Nadu, India – 641035.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.39 Lakh, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹4.59 Lakh (net margin -329.6%) and EBITDA of -₹4.42 Lakh (EBITDA margin -317.1%).
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo 2/173 Kumudam Nagar Vilankurichi Road, Coimbatore, Tamil Nadu, India – 641035
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Neunets Technology Private Limited
The main business activity of Neunets Technology is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related 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 Neunets Technology Private Limited FY 2023 filings available
Neunets Technology Private Limited reported revenue of ₹1.39 Lakh (down 79% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Neunets Technology Private Limited
Revenue fell 79% 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 Neunets Technology Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹4.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹4.59 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Neunets Technology Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -317.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -329.6% | •••• | •••• | •••• | •••• |
| 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 Neunets Technology are in the company report.
Financial statements from FY 2017
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 Neunets Technology Private Limited
Neunets Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unacreators Private Limited | •••• | •••• | •••• | •••• | - | Bhilwara, Rajasthan, India |
| Mahanaim Enterprises Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Advaita Systems Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Renuka Technologies Private Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
| Locusalpha Infotech Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Neunets Technology Private Limited this company | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Canatme Technologies Private Limited | •••• | •••• | •••• | •••• | - | Chandigarh, India |
| Latur Online Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Mckarcher Digital Services Private Limited | •••• | •••• | •••• | •••• | - | Salcete, Goa, India |
| TW Tech Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mysore, Karnataka, India |
| Key Exploration Labs Private Limited | •••• | •••• | •••• | •••• | - | Aallahabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Neunets Technology by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Neunets Technology Private Limited
Neunets Technology Private Limited is audited by MAHESH AND NAGARAJ CHARETERD ACCOUNTANTS for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MAHESH AND NAGARAJ CHARETERD ACCOUNTANTS | 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 Neunets Technology Private Limited
Neunets Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Kulasekaran Also directs: Qpasa Edutech LLP, Cookie Analytix Private Limited | Director | 19 Dec 2016 | 9 Years 9 Months | Current |
| Gajalakshmi Kothandam Also directs: Qpasa Edutech LLP, Cookie Analytix Private Limited | Director | 19 Dec 2016 | 9 Years 9 Months | Current |
Ownership and Shareholding of Neunets Technology 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 Neunets Technology Private Limited
Neunets Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Neunets Technology Private Limited
Employment history and EPFO contributions of people linked to Neunets Technology.
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 Neunets Technology Private Limited
Neunets Technology Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Arun Kulasekaran was appointed as Director on 19 Dec 2016.
Credit Ratings, Litigation & Regulatory Alerts for Neunets Technology 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 Neunets Technology 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 Neunets Technology 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 Neunets Technology Private Limited
Neunets Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCN4755K1Z8 | Tamil Nadu | Active | 01 Jul 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 Neunets Technology 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 Neunets Technology Private Limited
Neunets Technology is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 19 December 2016 (10+ years old) and is registered under CIN U72900TZ2016PTC028263.
Neunets Technology reported revenue of ₹1.39 Lakh for FY 2023 (down 79% YoY).
Neunets Technology has 2 current directors:
- Arun Kulasekaran - Director
- Gajalakshmi Kothandam - Director
Neunets Technology reported a net loss of ₹4.59 Lakh (net margin -329.6%) and EBITDA of -₹4.42 Lakh (EBITDA margin -317.1%) for FY 2023, as per its filed financial statements.
The GSTIN of Neunets Technology is 33AAFCN4755K1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Neunets Technology is U72900TZ2016PTC028263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neunets Technology was incorporated on 19 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Neunets Technology by revenue are Unacreators Private Limited, Mahanaim Enterprises Private Limited, Advaita Systems Private Limited, Renuka Technologies Private Limited, Locusalpha Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Arun Kulasekaran was appointed as Director on 19 Dec 2016. Gajalakshmi Kothandam was appointed as Director on 19 Dec 2016.
Yes, Neunets Technology is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Neunets Technology is at No 2173 Kumudam Nagar Vilankurichi Road, Coimbatore, Tamil Nadu, India – 641035.