About Neural Systems Private Limited
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Neural Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 14 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U30007KA2008PTC045625. Its GSTIN is 29AACCN7284L3ZQ (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Bharat Muddanna Shetty (Managing Director) and Bittanaiah Manjunathaiah Basavaraj.
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.65 Bommasandra Jigani Link Road KIADB Industrial Area, Bangalore, Karnataka, India – 560105.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.04 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹33.14 Lakh (net margin 32%) and EBITDA of ₹1.02 Cr (EBITDA margin 98%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 19% over five years.
As per MCA filings, the company has open charges of ₹3.5 Cr and satisfied charges of ₹2.51 Cr on record. Court records list 4 cases involving the company, including 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neuralsys.net.
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- Website
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- Registered AddressPlot No.65 Bommasandra Jigani Link Road KIADB Industrial Area, Bangalore, Karnataka, India – 560105
- IndustryFinancial Services, Real Estate Financing
- 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
Financials of Neural Systems Private Limited FY 2025 filings available
Neural Systems Private Limited reported revenue of ₹1.04 Cr (up 16% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Neural Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 16% growth in the latest year. EBITDA rose 19% 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 Neural Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹33.14 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Neural Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 32% | •••• | •••• | •••• | •••• |
| 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 Neural Systems 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 Neural Systems Private Limited
Neural Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing, Real Estate Leasing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RKM Land Promoters Private Limited | •••• | •••• | •••• | •••• | - | Tirupur, Tamil Nadu, India |
| S.K. Dynamics Private Limited | •••• | •••• | •••• | •••• | - | Uttaranchal, Uttarakhand, India |
| Suyash Builders and Developers Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Xequalszero Private Limited | •••• | •••• | •••• | •••• | - | Ludhiana, Punjab, India |
| Seksaria Consultants Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Neural Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Prince Sales Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sevenhills Entertainment Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Aaj Realtech Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Rishab Infotech Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Evnzee Technologies Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Neural Systems by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing, Real Estate Leasing), 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 Neural Systems Private Limited
Neural Systems Private Limited is audited by MNS & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MNS & CO | 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 Neural Systems Private Limited
Neural Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Muddanna Shetty Also directs: Aurascent Essence Private Limited, Cartafine Worldwide Private Limited, Yashna Naturals Private Limited and 5 more | Managing Director | 10 Aug 2010 | 16 Years 1 Months | Current |
| Bittanaiah Manjunathaiah Basavaraj Also directs: Neural Systems Coedge Private Limited | Director | 14 Mar 2008 | 18 Years 6 Months | Current |
| Malathy Doreswamy Also directs: Adeza Capital Private Limited | Director | 20 Apr 2019 | 7 Years 5 Months | Current |
Ownership and Shareholding of Neural Systems 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 Neural Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2021 | Yes Bank Limited | ₹3.5 Cr | Open |
| 02 Nov 2009 | State Bank of India | ₹2.45 Cr | Satisfied |
| 08 Nov 2008 | Canara Bank | ₹6 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Neural Systems Private Limited
Neural Systems Private Limited has 4 court cases on record: 4 filed against it. All cases are disposed. Status as checked on 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Hi-Q Electronics Private Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Neural Systems Private Limited
Employment history and EPFO contributions of people linked to Neural Systems.
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.
Group Structure of Neural Systems Private Limited
Neural Systems has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity on Neural Systems Private Limited
Neural Systems Private Limited has 9 board changes on record since 2008: 3 appointments and 6 cessations. The latest: Malathy Doreswamy ceased to be Additional Director on 30 Sep 2019.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Neural Systems 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 Neural Systems 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 Neural Systems 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 Neural Systems Private Limited
Neural Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCN7284L3ZQ | Karnataka | Active | 01 Apr 2018 |
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 Neural Systems 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 Neural Systems Private Limited
Neural Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate financing, within the financial services industry. It was incorporated on 14 March 2008 (18+ years old) and is registered under CIN U30007KA2008PTC045625.
Neural Systems reported revenue of ₹1.04 Cr for FY 2024 (up 16% YoY).
Neural Systems has 3 current directors:
- Bharat Muddanna Shetty - Managing Director
- Bittanaiah Manjunathaiah Basavaraj - Director
- Malathy Doreswamy - Director
Neural Systems reported a net profit of ₹33.14 Lakh (net margin 32%) and EBITDA of ₹1.02 Cr (EBITDA margin 98%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Neural Systems is 9% over three years and 19% over five years. In the latest year (FY 2024) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Neural Systems is 29AACCN7284L3ZQ, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Neural Systems is U30007KA2008PTC045625. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neural Systems has 4 court cases on record: 4 filed against it. Most are in the district courts.
Neural Systems was incorporated on 14 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Neural Systems by revenue are RKM Land Promoters Private Limited, S.K. Dynamics Private Limited, Suyash Builders and Developers Private Limited, Xequalszero Private Limited, Seksaria Consultants Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing, Real Estate Leasing).
Malathy Doreswamy ceased to be Additional Director on 30 Sep 2019. Swamy Bittannaiah Manjunathaiah ceased to be Whole-Time Director on 30 Jul 2019. Malathy Doreswamy was appointed as Director on 20 Apr 2019. Neural Systems has 9 board changes on record in total.