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Neuralgarage Private Limited
Neuralgarage Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.58 Cr
▲ 641% YoY
Net loss · FY 2024
₹2.54 Cr
Net margin -160.4%
EBITDA · FY 2024
-₹2.34 Cr
EBITDA margin -147.6%
Authorised capital
₹12 Lakh
Registered with MCA
Paid-up capital
₹2.79 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
5
As per MCA filings
Active GSTINs
2
GST registered
About Neuralgarage Private Limited
Data last updated:
Neuralgarage Private Limited is a private limited company based in Mumbai, Maharashtra, 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 27 July 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2021PTC364657. Its GSTIN is 27AAHCN7211Q1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹12 Lakh and a paid-up capital of ₹2.79 Lakh. It is led by directors including Subhashish Saha and Subhabrata Debnath.
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 1301 Bhoomi Flora Raheja Estate Nr Park View Borivli East, Mumbai, Maharashtra, India – 400066.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹2.54 Cr (net margin -160.4%) and EBITDA of -₹2.34 Cr (EBITDA margin -147.6%).
The company is associated with 1 brand: VisualDub. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.63 Cr; the latest was in November 2022. Its 7 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 4 smaller; the largest is Panchareddy Services Private Limited with revenue of ₹1.58 Cr. The company has 2 MSME Form 1 returns on record between 2023 and 2024, listing 6 overdue payments to 2 micro and small suppliers.
Neuralgarage Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0084701).
Company details
CIN U72900MH2021PTC364657
Registration Number 364657
Incorporation Date 27 July 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0084701
Recognitions & Rankings of Neuralgarage
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0084701
Contact details
Neuralgarage Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1301 Bhoomi Flora Raheja Estate Nr Park View Borivli East, Mumbai, Maharashtra, India – 400066
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Neuralgarage Private Limited, buy the company report.
Comprehensive company report
Neuralgarage Private Limited - one report that includes everything
- 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
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Brands
Neuralgarage operates one associated brand: VisualDub. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of AI-based visual dubbing solutions | visualdub.ai |
Business activity
The main business activity of Neuralgarage is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Neuralgarage Private Limited, buy the company report.
Financials of Neuralgarage Private Limited
FY 2025 filings availableNeuralgarage Private Limited reported revenue of ₹1.58 Cr (up 641% YoY) for FY 2024.
Revenue · FY 2024
₹1.58 Cr ▲ 641%
Net loss · FY 2024
₹2.54 Cr margin -160.4%
EBITDA · FY 2024
-₹2.34 Cr margin -147.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 641%
EBITDA CAGR growth
1 year
▼ 13%
Revenue rose 641% in the latest year. EBITDA fell 13% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | -₹2.34 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹2.54 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
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| Inventories | |||
| Trade Receivables | |||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -147.6% | ||
| Net Profit Margin | -160.4% | ||
| 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 | |||
To see the full financial statements and ratios of Neuralgarage Private Limited, buy the company report.
Board of directors of Neuralgarage Private Limited
Neuralgarage has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhashish Saha | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
| Subhabrata Debnath | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
| Anjan Banerjee | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
| Amitkumar Gajendrakumar Patni Also directs: Nidana Management Consultancy Services LLP, Elysium Investment Advisors LLP, Hive Technologies LLP and 5 more | Nominee Director | 09 Mar 2023 | 3 Years 7 Months | Current |
| Mandar Madhav Natekar Also directs: Litdigital Private Limited | Director | 27 Jul 2021 | 5 Years 3 Months | Current |
Peer comparison
Neuralgarage Private Limited is compared with the 7 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panchareddy Services Private Limited | ₹1.58 Cr (FY 2024) | -3.0% | Nizamabad, Telangana, India | |||
| Sapyug Consulting Private Limited | ₹1.58 Cr (FY 2024) | 122.0% | Delhi, India | |||
| Him Soft Solution Private Limited | ₹1.58 Cr (FY 2025) | 22.0% | Chandigarh, India | |||
| Neuralgarage Private Limitedthis company | ₹1.58 Cr (FY 2024) | -₹2.54 Cr | -160.4% | 641.0% | Mumbai, Maharashtra, India | |
| Uvh Tech Solutions Private Limited | ₹1.58 Cr (FY 2025) | 294.0% | Patancheru, Telangana, India | |||
| Appsbuild Infotech Private Limited | ₹1.58 Cr (FY 2025) | 59.0% | Ahmedabad, Gujarat, India | |||
| Geodraft Consultancy India Private Limited | ₹1.58 Cr (FY 2023) | 19.0% | Hassan, Karnataka, India | |||
| Digitem Technologies Private Limited | ₹1.58 Cr (FY 2024) | 128.0% | Delhi, India |
To see the full peer comparison of Neuralgarage Private Limited, buy the company report.
Auditor
Neuralgarage Private Limited is audited by JITESH PARSURAMKA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JITESH PARSURAMKA | FY 2023 | 314688 |
Shareholding
The shareholding of Neuralgarage Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Neuralgarage Private Limited, buy the company report.
Deals & funding
Neuralgarage Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.63 Cr; the latest was in November 2022.
Total deals
3
Funding rounds
2
Secondary share transfer
1
Disclosed funding
₹11.63 Cr
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2022 | Funding round | ₹6.88 Cr | Investors: Exfinity Venture Partners, Sunn91 Ventures, 2 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
| May 2022 | Funding round | ₹4.75 Cr | Investors: V And R Limited, Raay Investments, Nexus Global Opportunities Fund |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Neuralgarage Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Neuralgarage Private Limited has 2 MSME Form 1 returns on record between 2023 and 2024, listing 6 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Treelife Venture Services Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Neuralgarage Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Neuralgarage Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
Active EPFO establishments
1
GST
Neuralgarage has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCN7211Q1ZY | Maharashtra | Active | 05 Aug 2021 |
| 29AAHCN7211Q1ZU | Karnataka | Active | 31 May 2024 |
To see the full GST registrations and return filing status of Neuralgarage Private Limited, buy the company report.
Recent activity
Neuralgarage Private Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Amitkumar Gajendrakumar Patni was appointed as Nominee Director on 09 Mar 2023.
AGM
Neuralgarage Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Neuralgarage Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Amitkumar Gajendrakumar Patni was appointed as Nominee Director.
Ceased
Vinay Purushotaman Namboodiri ceased to be Director.
Appointed
Anjan Banerjee was appointed as Director.
Appointed
Mandar Madhav Natekar was appointed as Director.
Appointed
Subhabrata Debnath was appointed as Director.
Appointed
Subhashish Saha was appointed as Director.
Incorporation
27 Jul 2021
Neuralgarage Private Limited was registered on 27 Jul 2021 with Roc Mumbai I & aged 5 years 3 months as per MCA records.
Frequently asked questions
Neuralgarage is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 27 July 2021 (5+ years old) and is registered under CIN U72900MH2021PTC364657.
Neuralgarage has 5 current directors:
- Subhashish Saha - Director
- Subhabrata Debnath - Director
- Anjan Banerjee - Director
- Amitkumar Gajendrakumar Patni - Nominee Director
- Mandar Madhav Natekar - Director
The latest financial statements of Neuralgarage on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Neuralgarage is 27AAHCN7211Q1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AAHCN7211Q1ZU (Karnataka).
The CIN (Corporate Identification Number) of Neuralgarage is U72900MH2021PTC364657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neuralgarage was incorporated on 27 July 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
Neuralgarage has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹11.63 Cr; the latest was in November 2022.
The peers of Neuralgarage by revenue are Panchareddy Services Private Limited, Sapyug Consulting Private Limited, Him Soft Solution Private Limited, Uvh Tech Solutions Private Limited, Appsbuild Infotech Private Limited and 2 more, all in the same principal business activity (computer programming, consultancy and related activities).
Amitkumar Gajendrakumar Patni was appointed as Nominee Director on 09 Mar 2023. Vinay Purushotaman Namboodiri ceased to be Director on 11 Jul 2022. Anjan Banerjee was appointed as Director on 27 Jul 2021. Neuralgarage has 6 board changes on record in total.
Yes, Neuralgarage is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Neuralgarage is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0084701).
Neuralgarage has 2 MSME Form 1 returns on record between 2023 and 2024, listing 6 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.