- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0097962

About Neycer Electricals Private Limited
Data last updated:
Neycer Electricals Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 16 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31101KA1991PTC012150. Its GSTIN is 29AAACN7158D1ZE (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹14.4 Lakh. It is led by directors including Suresh Kumar (Managing Director) and Siddaiah Lepaksha.
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 No. 246/39 5th Cross 10th ‘C’ Main 1st Block Jayanagar, Bangalore, Karnataka, India – 560011.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.47 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 47.7%) and EBITDA of ₹2.89 Cr (EBITDA margin 52.8%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years and 116% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.52 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
Neycer Electricals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0097962). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neycer.org.
Company details
Recognitions & Rankings of Neycer Electricals
Contact details
Neycer Electricals Private Limited's registered office is in Bangalore, Karnataka. Its website is neycer.org. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 246/39 5th Cross 10th ‘C’ Main 1st Block Jayanagar, Bangalore, Karnataka, India – 560011
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Neycer Electricals 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 Neycer Electricals is administrative and support service activities. In detail, this covers office administrative, office support and other business support activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Neycer Electricals Private Limited, buy the company report.
Financials of Neycer Electricals Private Limited
FY 2025 filings availableNeycer Electricals Private Limited reported revenue of ₹5.47 Cr (up 678% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 116% over five years, including 678% growth in the latest year. EBITDA rose 429% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.61 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 52.8% | ||||
| Net Profit Margin | 47.7% | ||||
| 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 Neycer Electricals Private Limited, buy the company report.
Board of directors of Neycer Electricals Private Limited
Neycer Electricals has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddaiah Lepaksha Also directs: Neycer Jalaa Private Limited, S. K. International Motors Private Limited, Arv Environment Conservation Care Limited and 2 more | Director | 16 Jul 1991 | 35 Years 3 Months | Current |
| Shivananjappa Ningappa | Director | 14 Nov 2003 | 22 Years 11 Months | Current |
| Suresh Kumar | Managing Director | 25 Aug 1994 | 32 Years 2 Months | Current |
Auditor
Neycer Electricals Private Limited is audited by ANANTHA KRISHNAN & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANANTHA KRISHNAN & CO | FY 2018 | 007047S |
Shareholding
The shareholding of Neycer Electricals Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Neycer Electricals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2020 | 100375056 | Indian Bank | ₹12.13 Lakh | Satisfied | |
| 06 Jan 2014 | 10472854 | Indian Bank | ₹40 Lakh | Satisfied | |
| 21 Feb 2012 | 10346661 | Indian Bank | ₹55 Lakh | Satisfied | |
| 26 Jun 1996 | 90198903 | Indian Bank | ₹1.12 Cr | Satisfied | |
| 26 Jun 1996 | 90200094 | Indian Bank | ₹33 Lakh | Satisfied |
To see the full charge records of Neycer Electricals Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Neycer Electricals Private Limited has 6 court cases on record: 2 filed by Neycer Electricals, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 2 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Arbitration matter | Filed against the company by National Institute of Fashion Technology | Disposed |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by National Institute of Fashion Technology | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.EX.) | Filed by the company against National Institute of Fashion Technology and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by National Institute of Fashion Technology | Disposed |
| District court, BENGALURU, Karnataka | Court case (A.S.) | Filed against the company by National Institute of Fashion Tech. | Disposed |
To see the full case history of Neycer Electricals 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 Neycer Electricals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Neycer Electricals Private Limited has a workforce of 3 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Neycer Electricals has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACN7158D1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Neycer Electricals Private Limited, buy the company report.
Recent activity
Neycer Electricals Private Limited has 5 board changes on record since 1991: 4 appointments and 1 cessation. The latest: Madalagere Anand ceased to be Director on 30 Mar 2012.
9 earlier events are in the company report.
Frequently asked questions
Neycer Electricals is an active private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 16 July 1991 (35+ years old) and is registered under CIN U31101KA1991PTC012150.
Neycer Electricals has 3 current directors:
- Suresh Kumar - Managing Director
- Siddaiah Lepaksha - Director
- Shivananjappa Ningappa - Director
The latest financial statements of Neycer Electricals 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 2015 are in the company report.
The GSTIN of Neycer Electricals is 29AAACN7158D1ZE, 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 Neycer Electricals is U31101KA1991PTC012150. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Neycer Electricals has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the high courts.
Neycer Electricals was incorporated on 16 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Bangalore.
Madalagere Anand ceased to be Director on 30 Mar 2012. Madalagere Anand was appointed as Director on 14 Nov 2003. Shivananjappa Ningappa was appointed as Director on 14 Nov 2003. Neycer Electricals has 5 board changes on record in total.
Yes, Neycer Electricals is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0097962).
Neycer Electricals can be reached through the website neycer.org. Its registered office is in Bangalore, Karnataka, India.

