Neotech Education Foundation

Education foundation offering diverse programs, training, and placement services through a technical campus.

2011 | Vadodara, Gujarat (India) | Active
Last Updated: January 05, 2025

Neotech Education Foundation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 13 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 43.98 Cr
  • Satisfied Charges ₹ 24.44 Cr
  • Revenue Growth 13.42%
  • Profit Growth -66.09%
  • Ebitda -25.08%
  • Net Worth -78.03%
  • Total Assets 10.47%

About Neotech Education Foundation

Neotech Education Foundation (NEF) is a leading Private Not For Profit Company incorporated in India on 24 November 2011 and has a history of 13 years and two months. Its registered office is in Vadodara, Gujarat, India.

The Company is engaged in the Education 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 5.00 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹43.98 Cr. The company has closed loans amounting to ₹24.44 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Shah, Ansuyaben Patel, Vishal Shah, and One other member serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U80301GJ2011NPL067945

  • Company No.

    067945

  • Company Classification

    Private Not For Profit Company

  • Incorporation Date

    24 Nov 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Education

Who are the key members and board of directors at Neotech Education Foundation?

Board Members (4)

Name Designation Appointment Date Status
Manish Shah Country flag representing In Director 24-Nov-2011 Current
Ansuyaben Patel Country flag representing In Director 24-Nov-2011 Current
Vishal Shah Country flag representing In Director 16-Jul-2019 Current
Vihang Shah Country flag representing In Director 02-Dec-2020 Current

Financial Performance of Neotech Education Foundation.

Neotech Education Foundation, for the financial year ended 2023, experienced significant growth in revenue, with a 13.42% increase. The company also saw a substantial fall in profitability, with a 66.09% decrease in profit. The company's net worth observed a substantial decline by a decrease of 78.03%.

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
13.42%
Revenue from Operations
7.30%
Total Assets
10.47%
Profit or Loss
-66.09%
Net Worth
-78.03%
EBITDA
-25.08%

What is the Ownership and Shareholding Structure of Neotech Education Foundation?

In 2023, Neotech Education Foundation had a promoter holding of 10.58% and a public holding of 89.42%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹43.98 Cr

Satisfied Charges

₹24.44 Cr

Charges Breakdown by Lending Institutions

  • Others : 25.76 Cr
  • Central Bank Of India : 18.22 Cr

Latest Charge Details

Date Lender Amount Status
14 Apr 2014 Others ₹25.76 Cr Open
07 Apr 2014 Central Bank Of India ₹18.22 Cr Open
17 Sep 2012 State Bank Of India ₹12.22 Cr Satisfied
17 Sep 2012 State Bank Of India ₹12.22 Cr Satisfied

How Many Employees Work at Neotech Education Foundation?

Unlock and access historical data on people associated with Neotech Education Foundation, 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 Neotech Education Foundation, 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 Neotech Education Foundation'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 Neotech Education Foundation

Recent activity within the organization

  • Annual General Meeting

    Neotech Education Foundation last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Neotech Education Foundation has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Vihang Chandrakant Shah was appointed as a Director was appointed as a Director on 02 Dec 2020 & has been associated with this company since 4 years 2 months .

    02 Dec 2020

  • Director Appointment

    Vishal Mahendra Shah was appointed as a Director was appointed as a Director on 16 Jul 2019 & has been associated with this company since 5 years 6 months .

    16 Jul 2019

  • Charges

    A charge with Others of Rs. 25.76 Cr registered on 14 Apr 2014 with Charge ID 10490930 was modified on 14 Feb 2017.

    14 Feb 2017

  • Charges

    A charge registered on 17 Sep 2012 via Charge ID 10380574 with State Bank Of India was fully satisfied on 20 May 2014.

    20 May 2014

Frequently asked questions

  • Neotech Education Foundation was incorporated on 24 Nov 2011.

  • The authorized share capital of Neotech Education Foundation is ₹ 5.00 Cr and paid-up capital is ₹ 5.00 Cr.

  • Currently 4 directors are associated with Neotech Education Foundation.

    • Manish Bhikhabhai Shah
    • Ansuyaben Pravinchandra Patel
    • Vishal Mahendra Shah
    • Vihang Chandrakant Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neotech Education Foundation is Survey No. 244 Paiki1 239 245/A Village: Virod, India, Vadodara, Gujarat, 390020.

  • The corporate identification number (CIN) of Neotech Education Foundation is U80301GJ2011NPL067945 and the company number is 067945 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Neotech Education Foundation is https://www.neotech.ac.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Neotech Education Foundation has risen by 13.42%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Neotech Education Foundation has experienced an downturn of -78.03%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Neotech Education Foundation amount to ₹ 43.98 Cr.

  • The most recent Balance Sheet for Neotech Education Foundation was filed with the ROC on 31 Mar 2023.

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