Neon Motors Private Limited

Authorized dealer for Mahindra vehicles, offering sales, service, and spare parts since 2012.

2012 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Neon Motors Profile

Key Indicators

  • Authorised Capital ₹ 2.86 Cr
  • Paid Up Capital ₹ 2.86 Cr
  • Company Age 12 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 129.48 Cr
  • Satisfied Charges ₹ 11.16 Cr
  • Revenue Growth 123.51%
  • Profit Growth 19.96%
  • Ebitda 107.55%
  • Net Worth 18.67%
  • Total Assets 121.26%

About Neon Motors

Neon Motors Private Limited (NMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 2012 and has a history of 12 years and ten months. Its registered office is in Visakhapatnam, Andhra Pradesh, 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 2.86 Cr and a paid-up capital of Rs 2.86 Cr.

The company currently has active open charges totaling ₹129.48 Cr. The company has closed loans amounting to ₹11.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harsha Hanumara and Chandrasekhar Bulusu serve as directors at the Company.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34100AP2012PTC081685

  • Company No.

    081685

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2012

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Automotive

What products or services does Neon Motors Private Limited offer?

Neon Motors Private Limited offers a wide range of products and services, including Mini Truck, Mahindra Supro, Mahindra Jeeto, Trucks, Utility Trucks, Three Wheelers.

Company report

Neon Motors Private Limited

Explore comprehensive data for Neon Motors Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Harsha Hanumara Country flag representing In Whole-Time Director 27-Jun-2012Current
Chandrasekhar Bulusu Country flag representing In Whole-Time Director 30-Jun-2015Current

Financial Performance of Neon Motors.

Neon Motors Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 123.51% increase. The company also saw a substantial improvement in profitability, with a 19.96% increase in profit. The company's net worth Soared by an impressive increase of 18.67%.

Neon Motors revenue growth over time
Neon Motors 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
123.51%
Revenue from Operations
124.14%
Total Assets
121.26%
Profit or Loss
19.96%
Net Worth
18.67%
EBITDA
107.55%

What is the Ownership and Shareholding Structure of Neon Motors?

In 2023, Neon Motors 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

₹129.48 Cr

Satisfied Charges

₹11.16 Cr

Charges Breakdown by Lending Institutions

  • Others : 73.48 Cr
  • State Bank Of India : 51.00 Cr
  • Hdfc Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
27 Dec 2021State Bank Of India₹51.00 CrOpen
22 Jul 2021Hdfc Bank Limited₹5.00 CrOpen
22 Sep 2020Others₹9.83 MOpen
20 Mar 2013Others₹72.50 CrOpen
30 Dec 2015Tata Capital Financial Services Limited₹5.00 CrSatisfied

How Many Employees Work at Neon Motors?

Neon Motors has a workforce of 1116 employees as of Apr 10, 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 Neon Motors Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge registered on 30 Mar 2014 via Charge ID 10487883 with Tata Capital Financial Services Limited was fully satisfied on 11 Sep 2023.

  • Charges

    A charge registered on 19 Mar 2013 via Charge ID 10419159 with Tata Capital Financial Services Limited was fully satisfied on 11 Sep 2023.

  • Charges

    A charge registered on 19 Mar 2013 via Charge ID 10419162 with Tata Capital Financial Services Limited was fully satisfied on 11 Sep 2023.

  • Charges

    A charge registered on 19 Mar 2013 via Charge ID 10419167 with Tata Capital Financial Services Limited was fully satisfied on 11 Sep 2023.

  • Charges

    A charge registered on 19 Mar 2013 via Charge ID 10419171 with Tata Capital Financial Services Limited was fully satisfied on 11 Sep 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Neon Motors Private Limited?

    Neon Motors Private Limited was incorporated on 27 Jun 2012.

  • What is authorized share capital and paid-up capital of Neon Motors Private Limited?

    The authorized share capital of Neon Motors Private Limited is ₹ 2.86 Cr and paid-up capital is ₹ 2.86 Cr.

  • Who are the current board members & directors of Neon Motors Private Limited?

    Currently 2 directors are associated with Neon Motors Private Limited.

    • Harsha Hanumara
    • Chandrasekhar Bulusu

  • What is the registered address of Neon Motors Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Neon Motors Private Limited is Plot No C-19 Industrial Estate, Nh-5 Muralinagar, Visakhapatnam, Andhra Pradesh, India, 530003.

  • What is the corporate identification number (CIN) and company number of Neon Motors Private Limited?

    The corporate identification number (CIN) of Neon Motors Private Limited is U34100AP2012PTC081685 and the company number is 081685 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Neon Motors Private Limited?

    The Official website of Neon Motors Private Limited is https://www.neonmotors.in

  • What has been the recent revenue trend for Neon Motors Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Neon Motors Private Limited has risen by 123.51%.

  • How many employees does Neon Motors Private Limited currently have?

    As Per 2023 financial reports, 1116 employees are currently employed by Neon Motors Private Limited.

  • What change has been observed in the net worth of Neon Motors Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Neon Motors Private Limited has experienced an upsurge of 18.67%.

  • What are the total open charges for Neon Motors Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Neon Motors Private Limited amount to ₹ 129.48 Cr.

  • When was the last Balance Sheet of Neon Motors Private Limited filed with the ROC?

    The most recent Balance Sheet for Neon Motors Private Limited was filed with the ROC on 31 Mar 2023.

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