Neueon Towers Limited

Manufacturer of galvanized steel towers for power and telecom industries, offering turnkey services and engineering solutions.

2006 | Medak District, Telangana (India) | Active
Last Updated: January 15, 2025

Neueon Towers Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 5.65 Cr
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 3,112.53 Cr
  • Satisfied Charges ₹ 582.00 Cr
  • Revenue Growth -97.49%
  • Profit Growth 70.93%
  • Ebitda 97.69%
  • Net Worth -5.72%
  • Total Assets -5.50%

About Neueon Towers

Neueon Towers Limited (NTL) is a Public Limited Indian Non-Government Company incorporated in India on 06 April 2006 and has a history of 18 years and nine months. Its registered office is in Medak District, Telangana.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532887 and on the National Stock Exchange(NSE) under NTL.

The Corporate was formerly known as Totem Towers Limited. The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 5.65 Cr.

The company currently has active open charges totaling ₹3,112.53 Cr. The company has closed loans amounting to ₹582.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Neueon Towers Limited India are Subrat Sahoo as COMPANY SECRETARY and Naveen Vemulapalli as Cfo. Neelapala Muneyya, Sudheer Rayachoti, Anupama Govardhanagiri, and Two other members serve as directors at the Company.

Company Details

  • Location
    Medak District, Telangana
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40109TG2006PLC049743

  • Company No.

    049743

  • Stock Symbol

    BSE : 532887 NSE : NTL

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 2006

  • Date of AGM

    30 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Metals and Minerals

Who are the key members and board of directors at Neueon Towers?

Executive Team (3)

Name Designation Appointment Date Status
Sudheer Rayachoti Country flag representing In Managing Director 06-Nov-2024 Current
Subrat Sahoo Company Secretary 06-Dec-2024 Current
Naveen Vemulapalli CFO 06-Dec-2024 Current

Board Members (4)

Name Designation Appointment Date Status
Anupama Govardhanagiri Country flag representing In Director 11-Nov-2024 Current
Neelapala Muneyya Country flag representing In Director 11-Nov-2024 Current
Vijayendra Pasumarthi Country flag representing In Whole-Time Director 02-Dec-2024 Current
Purusothama Marrikunta Country flag representing In Director 02-Dec-2024 Current

Financial Performance of Neueon Towers.

Neueon Towers Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 97.49% decrease. The company also saw a substantial improvement in profitability, with a 70.93% increase in profit. The company's net worth dipped by a decrease of 5.72%.

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
-97.49%
Revenue from Operations
-97.85%
Total Assets
-5.50%
Profit or Loss
70.93%
Net Worth
-5.72%
EBITDA
97.69%

What is the Ownership and Shareholding Structure of Neueon Towers?

In 2021, Neueon Towers had a promoter holding of 37.27% and a public holding of 62.72%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3,112.53 Cr

Satisfied Charges

₹582.00 Cr

Charges Breakdown by Lending Institutions

  • Idbi Bank Limited : 2302.84 Cr
  • Punjab National Bank : 315.00 Cr
  • Others : 191.18 Cr
  • Andhra Bank : 150.00 Cr
  • Central Bank Of India : 115.00 Cr
  • Others : 38.52 Cr

Latest Charge Details

Date Lender Amount Status
03 May 2016 Others ₹32.31 Cr Open
28 Sep 2015 Others ₹2.20 Cr Open
16 May 2013 Others ₹56.67 Cr Open
26 Nov 2012 Srei Equipment Finance Private Limited ₹9.58 Cr Open
26 Nov 2012 Srei Equipment Finance Private Limited ₹7.14 Cr Open

How Many Employees Work at Neueon Towers?

Neueon Towers has a workforce of 5 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Neueon Towers, 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 Neueon Towers'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 Neueon Towers

Recent activity within the organization

  • Director Appointment

    Subrat Sahoo was appointed as a Company Secretary was appointed as a Company Secretary on 06 Dec 2024 & has been associated with this company since 1 month 25 days .

    06 Dec 2024

  • Director Appointment

    Naveen Babu Vemulapalli was appointed as a Cfo was appointed as a Cfo on 06 Dec 2024 & has been associated with this company since 1 month 25 days .

    06 Dec 2024

  • Director Appointment

    Vijayendra Santharam Seranyan Pasumarthi was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Dec 2024 & has been associated with this company since 2 months 1 day .

    02 Dec 2024

  • Director Appointment

    Purusothama Reddy Marrikunta was appointed as a Director was appointed as a Director on 02 Dec 2024 & has been associated with this company since 2 months 1 day .

    02 Dec 2024

  • Director Appointment

    Neelapala Muneyya was appointed as a Director was appointed as a Director on 11 Nov 2024 & has been associated with this company since 2 months 22 days .

    11 Nov 2024

  • Annual General Meeting

    Neueon Towers Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.

    30 Sep 2021

Frequently asked questions

  • Neueon Towers Limited was incorporated on 06 Apr 2006.

  • The authorized share capital of Neueon Towers Limited is ₹ 100.00 Cr and paid-up capital is ₹ 5.65 Cr.

  • Currently 7 directors are associated with Neueon Towers Limited.

    • Neelapala Muneyya
    • Sudheer Rayachoti
    • Anupama Govardhanagiri
    • Vijayendra Santharam Seranyan Pasumarthi
    • Purusothama Reddy Marrikunta
    • Subrat Sahoo
    • Naveen Babu Vemulapalli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Neueon Towers Limited is Survey No. 321, Turkala Khanapur Village Hatnur Mandal India, Medak District, Telangana, 502201.

  • The corporate identification number (CIN) of Neueon Towers Limited is L40109TG2006PLC049743 and the company number is 049743 as per Ministry of Corporate Affairs (MCA).

  • Yes, Neueon Towers Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): NTL.

  • The Official website of Neueon Towers Limited is https://www.stl.sujana.com

  • According to the financial reports for the fiscal year 2021, the revenue trend for Neueon Towers Limited has fallen by -97.49%.

  • As Per 2021 financial reports, 5 employees are currently employed by Neueon Towers Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Neueon Towers Limited has experienced an downturn of -5.72%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Neueon Towers Limited amount to ₹ 3,112.53 Cr.

  • The most recent Balance Sheet for Neueon Towers Limited was filed with the ROC on 31 Mar 2021.

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