Neon Motors Profile
Key Indicators
- Authorised Capital ₹ 2.86 Cr
as on 27-05-2024
- Paid Up Capital ₹ 2.86 Cr
as on 27-05-2024
- Company Age 12 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 129.48 Cr
as on 27-05-2024
- Satisfied Charges ₹ 11.16 Cr
as on 27-05-2024
- Revenue 123.51%
(FY 2023)
- Profit 19.96%
(FY 2023)
- Ebitda 107.55%
(FY 2023)
- Net Worth 18.67%
(FY 2023)
- Total Assets 121.26%
(FY 2023)
About Neon Motors
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.
- 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
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media-
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.
Who are the key members and board of directors at Neon Motors?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harsha Hanumara  | Whole-Time Director | 27-Jun-2012 | Current |
| Chandrasekhar Bulusu | Whole-Time Director | 30-Jun-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Apple Cars Private LimitedActive 1 year 2 monthsHarsha Hanumara and Chandrasekhar Bulusu are mutual person
- Neon Auto Private LimitedActive 8 months 17 days
Harsha Hanumara and Chandrasekhar Bulusu are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 27 Dec 2021 | ₹51.00 Cr | Open |
Hdfc Bank Limited Creation Date: 22 Jul 2021 | ₹5.00 Cr | Open |
Others Creation Date: 22 Sep 2020 | ₹9.83 M | Open |
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.
Deals i
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
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
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.
