Neo Automotives Private Limited

Authorized dealer of Hyundai, trading motor vehicles, motorcycles, snowmobiles and parts.

2006 | Jamnagar, Gujarat (India) | Active
Last Updated: July 26, 2024

Neo Automotives Profile

Key Indicators

  • Authorised Capital ₹ 2.16 Cr
  • Paid Up Capital ₹ 2.16 Cr
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 38.99 Cr
  • Satisfied Charges ₹ 4.40 Cr
  • Revenue Growth 6.70%
  • Profit Growth -7.46%
  • Ebitda 1.08%
  • Net Worth 10.15%
  • Total Assets 11.08%

About Neo Automotives

Neo Automotives Private Limited (NAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 2006 and has a history of 18 years and one month. Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.16 Cr and a paid-up capital of Rs 2.16 Cr.

The company currently has active open charges totaling ₹38.99 Cr. The company has closed loans amounting to ₹4.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Karshanbhai Bhutiya, Kariben Bhutia, Himanshu Bhutia, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U50100GJ2006PTC049591

  • Company No.

    049591

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Dec 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Automotive

Who are the key members and board of directors at Neo Automotives?

Board Members (6)

Name Designation Appointment Date Status
Karshanbhai Bhutiya Country flag representing In Director 15-Dec-2006 Current
Kariben Bhutia Country flag representing In Director 15-Dec-2006 Current
Himanshu Bhutia Country flag representing In Director 15-Dec-2006 Current
Nileshkumar Bhutia Country flag representing In Director 15-Dec-2006 Current
Tejeshwari Bhutia Country flag representing In Director 05-Mar-2019 Current
Sweta Bhutia Country flag representing In Director 05-Mar-2019 Current

Financial Performance of Neo Automotives.

Neo Automotives Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.7% increase. The company also saw a slight decrease in profitability, with a 7.46% decrease in profit. The company's net worth Soared by an impressive increase of 10.15%.

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
6.70%
Revenue from Operations
6.73%
Total Assets
11.08%
Profit or Loss
-7.46%
Net Worth
10.15%
EBITDA
1.08%

What is the Ownership and Shareholding Structure of Neo Automotives?

In 2023, Neo Automotives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹38.99 Cr

Satisfied Charges

₹4.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 12.66 Cr
  • Axis Bank Limited : 10.06 Cr
  • Hdb Financial Services Limited : 7.50 Cr
  • Others : 5.00 Cr
  • Tata Capital Financial Services Limited : 2.01 Cr
  • Others : 1.76 Cr

Latest Charge Details

Date Lender Amount Status
01 Jan 2024 Hdfc Bank Limited ₹2.50 M Open
28 Jan 2020 Axis Bank Limited ₹10.06 Cr Open
22 Mar 2016 Others ₹5.00 Cr Open
27 Mar 2015 Hdb Financial Services Limited ₹7.50 Cr Open
25 Aug 2014 Tata Capital Financial Services Limited ₹3.28 M Open

How Many Employees Work at Neo Automotives?

Neo Automotives has a workforce of 93 employees as of Apr 04, 2024. 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 Neo Automotives, 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 Neo Automotives'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 Neo Automotives

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100849264 was registered on 01 Jan 2024.

    01 Jan 2024

  • Annual General Meeting

    Neo Automotives Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Neo Automotives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 10.06 Cr registered on 28 Jan 2020 with Charge ID 100331313 was modified on 25 Apr 2022.

    25 Apr 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 12.41 Cr registered on 27 Jan 2012 with Charge ID 10333453 was modified on 02 Apr 2022.

    02 Apr 2022

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.06 Cr with Charge ID 100331313 was registered on 28 Jan 2020.

    28 Jan 2020

Frequently asked questions

  • Neo Automotives Private Limited was incorporated on 15 Dec 2006.

  • The authorized share capital of Neo Automotives Private Limited is ₹ 2.16 Cr and paid-up capital is ₹ 2.16 Cr.

  • Currently 6 directors are associated with Neo Automotives Private Limited.

    • Karshanbhai Punjabhai Bhutiya
    • Kariben Karshanbhai Bhutia
    • Himanshu Karshan Bhutia
    • Nileshkumar Karshanbhai Bhutia
    • Tejeshwari Himanshu Bhutia
    • Sweta Nilesh Bhutia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neo Automotives Private Limited is K P House Opp. Dhanvantari Gr. P N Marg, Jamnagar, Gujarat, India, 361001.

  • The corporate identification number (CIN) of Neo Automotives Private Limited is U50100GJ2006PTC049591 and the company number is 049591 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neo Automotives Private Limited is https://www.neo.hyundaimotor.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Neo Automotives Private Limited has risen by 6.70%.

  • As Per 2023 financial reports, 93 employees are currently employed by Neo Automotives Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Neo Automotives Private Limited has experienced an upsurge of 10.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Neo Automotives Private Limited amount to ₹ 38.99 Cr.

  • The most recent Balance Sheet for Neo Automotives Private Limited was filed with the ROC on 31 Mar 2023.