
Nevo Sugar Private Limited
About Nevo Sugar Private Limited
Data last updated:
Nevo Sugar Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 18 May 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U15100TN2022PTC152271.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Abayambal Vallinayagam and Vallinayagam Karthik.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No 234 10th Street Senthamizh Nagar Main Road Kothari Nagar Ramapuram, Chennai, Tamil Nadu, India – 600089.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.72 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.23 Lakh (net margin 9.6%) and EBITDA of ₹1.28 Lakh (EBITDA margin 10%).
As per MCA filings, the company has open charges of ₹10 Lakh on record.
Nevo Sugar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0174099).
Company details
Recognitions & Rankings of Nevo Sugar
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-TN-02-0174099
Contact details
Nevo Sugar Private Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressNo 234 10th Street Senthamizh Nagar Main Road Kothari Nagar Ramapuram, Chennai, Tamil Nadu, India – 600089
- IndustryAgriculture, Sugar Processing
- 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 Nevo Sugar is other service activities. In detail, this covers activities of membership organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations |
To see the full business activity and turnover split of Nevo Sugar Private Limited, buy the company report.
Financials of Nevo Sugar Private Limited
FY 2025 filings availableNevo Sugar Private Limited reported revenue of ₹12.72 Lakh (up 563% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 563% in the latest year. EBITDA rose 164% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| Other Income | |||
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| Total Expenses | |||
| EBITDA | ₹1.28 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.23 Lakh | ||
| Balance Sheet | |||
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| Reserves and Surplus | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 10% | ||
| Net Profit Margin | 9.6% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Current Ratio | |||
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| Receivable Days | |||
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To see the full financial statements and ratios of Nevo Sugar Private Limited, buy the company report.
Board of directors of Nevo Sugar Private Limited
Nevo Sugar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abayambal Vallinayagam | Director | 18 May 2022 | 4 Years 5 Months | Current |
| Vallinayagam Karthik | Director | 18 May 2022 | 4 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2025 | 101187024 | Others | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nevo Sugar 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
No delayed payments to MSME suppliers are on our record for Nevo Sugar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Nevo Sugar Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Nevo Sugar Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Abayambal Vallinayagam was appointed as Director on 18 May 2022.
Frequently asked questions
Nevo Sugar is an active private limited company based in Chennai, Tamil Nadu, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 18 May 2022 (4+ years old) and is registered under CIN U15100TN2022PTC152271.
Nevo Sugar has 2 current directors:
- Abayambal Vallinayagam - Director
- Vallinayagam Karthik - Director
The latest financial statements of Nevo Sugar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 03 September 2025. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of Nevo Sugar is U15100TN2022PTC152271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nevo Sugar was incorporated on 18 May 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
Abayambal Vallinayagam was appointed as Director on 18 May 2022. Vallinayagam Karthik was appointed as Director on 18 May 2022.
Yes, Nevo Sugar is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nevo Sugar is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0174099).
The registered office of Nevo Sugar is at No 234 10th Street Senthamizh Nagar Main Road Kothari Nagar Ramapuram, Chennai, Tamil Nadu, India – 600089.
Nevo Sugar operates in the agriculture industry, in the sugar processing segment.

