Neo Infracon Limited

Real estate development in Mumbai, part of Neo Group, established in 1981.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated:

Neo Infracon Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.31 Cr
  • Company Age 43 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 6.50 Cr
  • Revenue Growth 15.76%
  • Profit Growth -79.75%
  • Ebitda -50.01%
  • Net Worth 0.60%
  • Total Assets 2.85%

About Neo Infracon

Neo Infracon Limited (NIL) is a Public Limited Indian Non-Government Company incorporated in India on 09 June 1981 and has a history of 43 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514332.

The Corporate was formerly known as Nitdip Investment Private Limited. The Company is engaged in the Real Estate And Construction 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 6.00 Cr and a paid-up capital of Rs 5.31 Cr.

The company currently has active open charges totaling ₹6.50 Cr.

The Key Managerial Personnel (KMP) at Neo Infracon Limited India are Dilipkumar Mehta as CFO and Rawal Rameshbhai as Company Secretary. Ankush Mehta, Bhavik Mehta, Rahul Kanungo, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65910MH1981PLC248089

  • Company No.

    248089

  • Stock Symbol

    BSE : 514332

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Jun 1981

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Real Estate and Construction

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

Executive Team (3)

NameDesignationAppointment DateStatus
Ankush Mehta Country flag representing In Managing Director31-Mar-2014Current
Dilipkumar Mehta Country flag representing In CFO30-May-2014Current
Rawal Rameshbhai Company Secretary02-Mar-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Bhavik Mehta Country flag representing In Director 30-May-2019Current
Rahul Kanungo Country flag representing In Director 26-Mar-2018Current
Varisha Kanungo Country flag representing In Director 31-Mar-2015Current
Rajen Mehta Country flag representing In Director 08-Jan-2009Current
Nitesh Jain Country flag representing In Director 26-Mar-2018Current

Financial Performance of Neo Infracon.

Neo Infracon Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.76% increase. The company also saw a substantial fall in profitability, with a 79.75% decrease in profit. The company's net worth moved up by a moderate rise of 0.6%.

Neo Infracon revenue growth over time
Neo Infracon 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
15.76%
Revenue from Operations
15.76%
Total Assets
2.85%
Profit or Loss
-79.75%
Net Worth
0.60%
EBITDA
-50.01%

What is the Ownership and Shareholding Structure of Neo Infracon?

In 2023, Neo Infracon had a promoter holding of 53.99% and a public holding of 46.01%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹6.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 6.50 Cr

Latest Charge Details

DateLenderAmountStatus
09 Sep 2011State Bank Of India₹6.50 CrOpen

How Many Employees Work at Neo Infracon?

Unlock and access historical data on people associated with Neo Infracon, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Neo Infracon Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neo Infracon, 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 Infracon'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 Infracon

Recent activity within the organization

  • Annual General Meeting

    Neo Infracon Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Neo Infracon Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Bhavik Naresh Mehta was appointed as a Director was appointed as a Director on 30 May 2019 & has been associated with this company since 5 years 9 months .

  • Director Appointment

    Rahul Ramesh Kanungo was appointed as a Director was appointed as a Director on 26 Mar 2018 & has been associated with this company since 7 years 3 days .

  • Director Appointment

    Nitesh Milapchand Jain was appointed as a Director was appointed as a Director on 26 Mar 2018 & has been associated with this company since 7 years 3 days .

  • Director Appointment

    Varisha Ramesh Kanungo was appointed as a Director was appointed as a Director on 31 Mar 2015 & has been associated with this company since 9 years 11 months .

Frequently asked questions

  • What is the Incorporation or founding date of Neo Infracon Limited?

    Neo Infracon Limited was incorporated on 09 Jun 1981.

  • What is authorized share capital and paid-up capital of Neo Infracon Limited?

    The authorized share capital of Neo Infracon Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.31 Cr.

  • Who are the current board members & directors of Neo Infracon Limited?

    Currently 8 directors are associated with Neo Infracon Limited.

    • Ankush Nareshkumar Mehta
    • Bhavik Naresh Mehta
    • Rahul Ramesh Kanungo
    • Dilipkumar Keshrimal Mehta
    • Varisha Ramesh Kanungo
    • Rajen Bachubhai Mehta
    • Rawal Tamanna Rameshbhai
    • Nitesh Milapchand Jain
  • What is the registered address of Neo Infracon Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neo Infracon Limited is 52/52-A Nanubhai Desai Road 9 Mulji Thakarsi Building, Sindhi Lane India, Mumbai, Maharashtra, 400004.

  • What is the corporate identification number (CIN) and company number of Neo Infracon Limited?

    The corporate identification number (CIN) of Neo Infracon Limited is L65910MH1981PLC248089 and the company number is 248089 as per Ministry of Corporate Affairs (MCA).

  • Is Neo Infracon Limited registered with any stock exchange in India?

    Yes, Neo Infracon Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Neo Infracon Limited?

    The Official website of Neo Infracon Limited is https://www.neoinfraconltd.com

  • What has been the recent revenue trend for Neo Infracon Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Neo Infracon Limited has risen by 15.76%.

  • What change has been observed in the net worth of Neo Infracon Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Neo Infracon Limited has experienced an upsurge of 0.60%.

  • What are the total open charges for Neo Infracon Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Neo Infracon Limited amount to ₹ 6.50 Cr.

  • When was the last Balance Sheet of Neo Infracon Limited filed with the ROC?

    The most recent Balance Sheet for Neo Infracon Limited was filed with the ROC on 31 Mar 2024.

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