
Tech Neon Solutions Private Limited
About Tech Neon Solutions Private Limited
Data last updated:
Tech Neon Solutions Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 15 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2016PTC103300.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rasheed Babu Shaik and Sahitya Puchala.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Mig – II 183 9th Phase Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2022, the company reported a revenue of ₹6.05 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹2.57 Lakh (net margin -42.4%) and EBITDA of ₹11,280 (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tech Neon Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressMig – II 183 9th Phase Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Tech Neon Solutions 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 Tech Neon Solutions is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Tech Neon Solutions Private Limited, buy the company report.
Financials of Tech Neon Solutions Private Limited
FY 2022 filings availableTech Neon Solutions Private Limited reported revenue of ₹6.05 Lakh (down 56% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 96% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| 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 | ₹11,280 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.57 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | -42.4% | ||||
| 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 Tech Neon Solutions Private Limited, buy the company report.
Board of directors of Tech Neon Solutions Private Limited
Tech Neon Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rasheed Babu Shaik | Director | 15 Feb 2016 | 10 Years 8 Months | Current |
| Sahitya Puchala | Director | 15 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Tech Neon Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Intellitude Private Limited | ₹6.05 Lakh (FY 2023) | New Delhi, Delhi, India | ||||
| Abilitas Business Process & Liaison Private Limited | ₹6.05 Lakh (FY 2019) | 2320.0% | Kolkata, West Bengal, India | |||
| Confluence Systems Private Limited (OPC) | ₹6.05 Lakh (FY 2020) | -85.0% | Chennai, Tamil Nadu, India | |||
| HRS Consulting Private Limited | ₹6.05 Lakh (FY 2017) | -34.0% | Bangalore, Karnataka, India | |||
| Actor's Lab Private Limited | ₹6.05 Lakh (FY 2019) | 196.0% | New Delhi, Delhi, India | |||
| Tech Neon Solutions Private Limitedthis company | ₹6.05 Lakh (FY 2022) | -₹2.57 Lakh | -42.4% | -56.0% | Hyderabad, Telangana, India | |
| Cymbion Media Private Limited | ₹6.04 Lakh (FY 2024) | -53.0% | Lucknow, Uttar Pradesh, India | |||
| Vincalabs Infotech Private Limited | ₹6.04 Lakh (FY 2020) | 4.0% | Pune, Maharashtra, India | |||
| Shri Hari Rameshwaram Shakti Private Limited | ₹6.04 Lakh (FY 2024) | Ratu, Jharkhand, India | ||||
| Aes Valves and Engineering Private Limited | ₹6.04 Lakh (FY 2019) | Nashik, Maharashtra, India |
To see the full peer comparison of Tech Neon Solutions Private Limited, buy the company report.
Auditor
Tech Neon Solutions Private Limited is audited by MANOHAR & VENKATA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOHAR & VENKATA | FY 2017 | 009672S |
Shareholding
The shareholding of Tech Neon Solutions Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Tech Neon Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tech Neon Solutions 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 Tech Neon Solutions 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 Tech Neon Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tech Neon Solutions Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Rasheed Babu Shaik was appointed as Director on 15 Feb 2016.
Frequently asked questions
Tech Neon Solutions is an active private limited company based in Hyderabad, Telangana, India. The company works in retail trading, within the trading industry. It was incorporated on 15 February 2016 (10+ years old) and is registered under CIN U74900TG2016PTC103300.
Tech Neon Solutions has 2 current directors:
- Rasheed Babu Shaik - Director
- Sahitya Puchala - Director
The latest financial statements of Tech Neon Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Tech Neon Solutions is U74900TG2016PTC103300. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tech Neon Solutions was incorporated on 15 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Tech Neon Solutions by revenue are Intellitude Private Limited, Abilitas Business Process & Liaison Private Limited, Confluence Systems Private Limited (OPC), HRS Consulting Private Limited, Actor's Lab Private Limited and 4 more, all in the same principal business activity (other professional, scientific and technical activities).
Rasheed Babu Shaik was appointed as Director on 15 Feb 2016. Sahitya Puchala was appointed as Director on 15 Feb 2016.
The registered office of Tech Neon Solutions is at Mig – II 183 9th Phase Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072.
Tech Neon Solutions operates in the trading industry, in the retail trading segment.
The compliance status of Tech Neon Solutions is compliant as of 10 September 2026. The company is actively filing with the Registrar of Companies.
Tech Neon Solutions can be reached at its registered office: Mig – II 183 9th Phase Kphb Colony Kukatpally, Hyderabad, Telangana, India – 500072.