Neolotex Business Solutions Private Limited

Software design, development, customization, implementation, maintenance, testing, and consultancy services.

2015 | Bangaluru, Karnataka (India) | Active
Last Updated:

Neolotex Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.64 M
  • Company Age 9 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.40 Cr
  • Revenue Growth 65.99%
  • Profit Growth 39.68%
  • Ebitda 37.85%
  • Net Worth 23.07%
  • Total Assets 1.46%

About Neolotex Business Solutions

Neolotex Business Solutions Private Limited (NBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 November 2015 (Nine years and four months 14 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 0.64 M.

The company currently has active open charges totaling ₹1.40 Cr.

Mohanachandran Krishnakumar, Praveen Kumar, and Haneef Sherief serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74900KA2015PTC084083

  • Company No.

    084083

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Nov 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Neolotex Business Solutions Private Limited offer?

Neolotex Business Solutions Private Limited offers a wide range of products and services, including IT Solutions, Enterprise Mobility Solution, BPO Services, Business Outsourcing Service, Data Entry & Data Processing Service, Data Management.

Who are the key members and board of directors at Neolotex Business Solutions?

Board Members (3)

NameDesignationAppointment DateStatus
Mohanachandran Krishnakumar Country flag representing In Director 13-Nov-2015Current
Praveen Kumar Country flag representing In Director 13-Nov-2015Current
Haneef Sherief Country flag representing In Director 30-Jun-2021Current

Financial Performance of Neolotex Business Solutions.

Neolotex Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 65.99% increase. The company also saw a substantial improvement in profitability, with a 39.68% increase in profit. The company's net worth Soared by an impressive increase of 23.07%.

Neolotex Business Solutions revenue growth over time
Neolotex Business Solutions 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
65.99%
Revenue from Operations
66.58%
Total Assets
1.46%
Profit or Loss
39.68%
Net Worth
23.07%
EBITDA
37.85%

What is the Ownership and Shareholding Structure of Neolotex Business Solutions?

In 2023, Neolotex Business Solutions 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

₹14.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 1.00 Cr
  • Vijaya Bank : 0.40 Cr

Latest Charge Details

DateLenderAmountStatus
22 Sep 2023Axis Bank Limited₹1.00 CrOpen
11 Jan 2019Vijaya Bank₹4.00 MOpen

How Many Employees Work at Neolotex Business Solutions?

Neolotex Business Solutions has a workforce of 57 employees as of Apr 05, 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.

Employee growth trends for Neolotex Business Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neolotex Business Solutions, 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 Neolotex Business Solutions'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 Neolotex Business Solutions

Recent activity within the organization

  • Annual General Meeting

    Neolotex Business Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Axis Bank Limited of Rs. 10.00 M registered on 22 Sep 2023 with Charge ID 100787445 was modified on 12 Jun 2024.

  • Balance Sheet

    Neolotex Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.00 M with Charge ID 100787445 was registered on 22 Sep 2023.

  • Director Appointment

    Haneef Mohammed Sherief was appointed as a Director was appointed as a Director on 30 Jun 2021 & has been associated with this company since 3 years 8 months .

  • Charges

    A charge with Vijaya Bank amounted to Rs. 4.00 M with Charge ID 100248315 was registered on 11 Jan 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Neolotex Business Solutions Private Limited?

    Neolotex Business Solutions Private Limited was incorporated on 13 Nov 2015.

  • What is authorized share capital and paid-up capital of Neolotex Business Solutions Private Limited?

    The authorized share capital of Neolotex Business Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.64 M.

  • Who are the current board members & directors of Neolotex Business Solutions Private Limited?

    Currently 3 directors are associated with Neolotex Business Solutions Private Limited.

    • Mohanachandran Nair Renjith Krishnakumar
    • Praveen Kumar
    • Haneef Mohammed Sherief
  • What is the registered address of Neolotex Business Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neolotex Business Solutions Private Limited is No.22 Flat No. 301 To 304 2Nd Floor Oxford Palazzo Rustambagh Main Road, Off Old Airport Ro Ad India, Bengaluru, Karnataka, 560017.

  • What is the corporate identification number (CIN) and company number of Neolotex Business Solutions Private Limited?

    The corporate identification number (CIN) of Neolotex Business Solutions Private Limited is U74900KA2015PTC084083 and the company number is 084083 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Neolotex Business Solutions Private Limited?

    The Official website of Neolotex Business Solutions Private Limited is https://www.neolotex.com

  • What has been the recent revenue trend for Neolotex Business Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Neolotex Business Solutions Private Limited has risen by 65.99%.

  • How many employees does Neolotex Business Solutions Private Limited currently have?

    As Per 2023 financial reports, 57 employees are currently employed by Neolotex Business Solutions Private Limited.

  • What change has been observed in the net worth of Neolotex Business Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Neolotex Business Solutions Private Limited has experienced an upsurge of 23.07%.

  • What are the total open charges for Neolotex Business Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Neolotex Business Solutions Private Limited amount to ₹ 1.40 Cr.

  • When was the last Balance Sheet of Neolotex Business Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Neolotex Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.