Neotight Engineering Services Private Limited

Provides machinery rental and leasing, bolting, machining, and cutting services.

2015 | Vadodara, Gujarat (India) | Active
Last Updated: January 11, 2025

Neotight Engineering Services Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 9 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.14 Cr
  • Satisfied Charges ₹ 2.80 Cr
  • Revenue Growth 49.05%
  • Profit Growth -78.45%
  • Ebitda 21.18%
  • Net Worth 13.96%
  • Total Assets 20.13%

About Neotight Engineering Services

Neotight Engineering Services Private Limited (NESPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 June 2015 (Nine years and seven months 17 days old ). Its registered office is in Vadodara, Gujarat, India.

The Corporate was formerly known as Griphold Bolting Services Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹4.14 Cr. The company has closed loans amounting to ₹2.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Nabeen Kumar and Ankit Kumar serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ2015PTC083531

  • Company No.

    083531

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Jun 2015

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Financial Services
Machinery and Equipment
Engineering

What products or services does Neotight Engineering Services Private Limited offer?

Neotight Engineering Services Private Limited offers a wide range of products and services, including Hydraulic & Pneumatic Tools, Pneumatic Tools, Hydraulic Tools, Air Impact Wrench.

Who are the key members and board of directors at Neotight Engineering Services?

Executive Team (1)

NameDesignationAppointment DateStatus
Nabeen Kumar Country flag representing In Managing Director09-Oct-2019Current

Board Members (1)

NameDesignationAppointment DateStatus
Ankit Kumar Country flag representing In Director 01-Jan-2021Current

Financial Performance of Neotight Engineering Services.

Neotight Engineering Services Private Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 49.05% increase. The company also saw a substantial fall in profitability, with a 78.45% decrease in profit. The company's net worth Soared by an impressive increase of 13.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.05%
Revenue from Operations
49.74%
Total Assets
20.13%
Profit or Loss
-78.45%
Net Worth
13.96%
EBITDA
21.18%

What is the Ownership and Shareholding Structure of Neotight Engineering Services?

Unlock access to Neotight Engineering Services's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.37 M

Satisfied Charges

₹28.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.00 Cr
  • Hdfc Bank Limited : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
28 Oct 2024Axis Bank Limited₹8.50 MOpen
19 Jun 2024Axis Bank Limited₹6.00 MOpen
27 Mar 2024Axis Bank Limited₹2.00 CrOpen
13 Feb 2024Axis Bank Limited₹5.50 MOpen
21 Aug 2023Hdfc Bank Limited₹1.37 MOpen

How Many Employees Work at Neotight Engineering Services?

Neotight Engineering Services has a workforce of 90 employees as of Jan 11, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neotight Engineering Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Neotight Engineering Services's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Neotight Engineering Services

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.50 M with Charge ID 100997916 was registered on 28 Oct 2024.

    28 Oct 2024

  • Annual General Meeting

    Neotight Engineering Services Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

    28 Sep 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 6.00 M with Charge ID 100945935 was registered on 19 Jun 2024.

    19 Jun 2024

  • Charges

    A charge registered on 08 Aug 2023 via Charge ID 100769579 with Axis Bank Limited was fully satisfied on 08 Apr 2024.

    08 Apr 2024

  • Balance Sheet

    Neotight Engineering Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 M with Charge ID 100899912 was registered on 27 Mar 2024.

    27 Mar 2024

Frequently asked questions

  • Neotight Engineering Services Private Limited was incorporated on 15 Jun 2015.

  • The authorized share capital of Neotight Engineering Services Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Neotight Engineering Services Private Limited.

    • Nabeen Kumar
    • Ankit Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neotight Engineering Services Private Limited is Office- Iv-4 5 Phonix Resi. Comm Opp Sunrise Complex, Nrvaikunth Chokdi India, Vadodara, Gujarat, 390019.

  • The corporate identification number (CIN) of Neotight Engineering Services Private Limited is U74140GJ2015PTC083531 and the company number is 083531 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neotight Engineering Services Private Limited is https://www.neotight.com

  • According to the financial reports for the fiscal year 2024, the revenue trend for Neotight Engineering Services Private Limited has risen by 49.05%.

  • As Per 2024 financial reports, 90 employees are currently employed by Neotight Engineering Services Private Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Neotight Engineering Services Private Limited has experienced an upsurge of 13.96%.

  • As per the financial statements for fiscal Year 2024, The total open charges for Neotight Engineering Services Private Limited amount to ₹ 4.14 Cr.

  • The most recent Balance Sheet for Neotight Engineering Services Private Limited was filed with the ROC on 31 Mar 2024.

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