Neon Fuel Limited

LPG bottling and distribution services for private and commercial sectors.

1994 | Sabarkantha, Gujarat (India) | Active
Last Updated: December 30, 2024

Neon Fuel Profile

Key Indicators

  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 5.01 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 1.11 Cr
  • Revenue Growth 168.99%
  • Profit Growth 169.96%
  • Ebitda 827.76%
  • Net Worth 5.56%
  • Total Assets 9.95%

About Neon Fuel

Neon Fuel Limited (NFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 1994 and has a history of 30 years and nine months. Its registered office is in Sabarkantha, Gujarat, India.

The Company is engaged in the Energy And Power 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 5.50 Cr and a paid-up capital of Rs 5.01 Cr.

The company has closed loans amounting to ₹1.11 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Neon Fuel Limited India is Sandipkumar Prajapati as CFO. Dilipkumar Patel, Bhikhabhai Patel, and Anilbhai Patel serve as directors at the Company.

Company Details

  • Location

    Sabarkantha, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    neongas.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ1994PLC022010

  • Company No.

    022010

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 May 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Neon Fuel?

Executive Team (3)

NameDesignationAppointment DateStatus
Dilipkumar Patel Country flag representing In Managing Director15-Feb-2007Current
Anilbhai Patel Country flag representing In Managing Director11-Dec-2017Current
Sandipkumar Prajapati CFO30-Jun-2014Current

Board Members (1)

NameDesignationAppointment DateStatus
Bhikhabhai Patel Country flag representing In Director 15-Feb-2007Current

Financial Performance of Neon Fuel.

Neon Fuel Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 168.99% increase. The company also saw a substantial improvement in profitability, with a 169.96% increase in profit. The company's net worth moved up by a moderate rise of 5.56%.

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
168.99%
Revenue from Operations
174.86%
Total Assets
9.95%
Profit or Loss
169.96%
Net Worth
5.56%
EBITDA
827.76%

What is the Ownership and Shareholding Structure of Neon Fuel?

In 2023, Neon Fuel 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

₹0

Satisfied Charges

₹1.11 Cr

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 0.54 Cr
  • The Mehsana Urban Co-Operative Bank Limited. : 0.25 Cr
  • The Mehsana Urban Co-Operative Bank Ltd. : 0.20 Cr
  • The Mehsana Urban Co-Operative Bank Limited : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jun 2012The Mehsana Urban Co-Operative Bank Limited₹1.20 MSatisfied
21 Mar 2007The Mehsana Urban Co-Operative Bank Ltd.₹2.00 MSatisfied
18 Aug 2006The Mehsana Urban Co-Operative Bank Limited.₹2.50 MSatisfied
10 Feb 1998Bank Of Baroda₹5.00 MSatisfied
25 May 1995Bank Of Baroda₹0.35 MSatisfied

How Many Employees Work at Neon Fuel?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neon Fuel, 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 Neon Fuel'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 Neon Fuel

Recent activity within the organization

  • Annual General Meeting

    Neon Fuel Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Neon Fuel Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 21 Mar 2007 via Charge ID 10042359 with The Mehsana Urban Co-Operative Bank Ltd. was fully satisfied on 23 Jan 2020.

    23 Jan 2020

  • Charges

    A charge registered on 18 Aug 2006 via Charge ID 10014610 with The Mehsana Urban Co-Operative Bank Limited. was fully satisfied on 23 Jan 2020.

    23 Jan 2020

  • Director Appointment

    Anilbhai Jayantibhai Patel was appointed as a Managing Director was appointed as a Managing Director on 11 Dec 2017 & has been associated with this company since 7 years 2 months .

    11 Dec 2017

  • Charges

    A charge registered on 28 Jun 2012 via Charge ID 10413545 with The Mehsana Urban Co-Operative Bank Limited was fully satisfied on 13 Nov 2014.

    13 Nov 2014

Frequently asked questions

  • Neon Fuel Limited was incorporated on 09 May 1994.

  • The authorized share capital of Neon Fuel Limited is ₹ 5.50 Cr and paid-up capital is ₹ 5.01 Cr.

  • Currently 4 directors are associated with Neon Fuel Limited.

    • Dilipkumar Ishwarbhai Patel
    • Bhikhabhai Ishvarbhai Patel
    • Anilbhai Jayantibhai Patel
    • Sandipkumar Laljibhai Prajapati
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neon Fuel Limited is 1 Happy Chambers 1St Floor Baycorner Mahavirnagar Dist (S K ) India, Himatnagar, Gujarat, 383001.

  • The corporate identification number (CIN) of Neon Fuel Limited is U72200GJ1994PLC022010 and the company number is 022010 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neon Fuel Limited is https://www.neongas.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Neon Fuel Limited has risen by 168.99%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Neon Fuel Limited has experienced an upsurge of 5.56%.

  • The most recent Balance Sheet for Neon Fuel Limited was filed with the ROC on 31 Mar 2024.

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