

Neural Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 2.00 Cr
- Company Age 17 Year, 29 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.50 Cr
- Satisfied Charges ₹ 2.51 Cr
- Revenue Growth -7.68%
- Profit Growth 5108.47%
- Ebitda 34.82%
- Net Worth 8.06%
- Total Assets -0.36%
About Neural Systems
Neural Systems Private Limited (NSPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 March 2008 and has a history of 17 years. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.
The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹2.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bharat Shetty, Bittanaiah Basavaraj, and Malathy Doreswamy serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U30007KA2008PTC045625
- Company No.
045625
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Mar 2008
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Neural Systems?
Executive Team (1)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Bharat Shetty ![]() | Managing Director | 10-Aug-2010 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Bittanaiah Basavaraj ![]() | Director | 14-Mar-2008 | Current |
Malathy Doreswamy ![]() | Director | 20-Apr-2019 | Current |
Financial Performance of Neural Systems.
Neural Systems Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 7.68% decrease. The company also saw a substantial improvement in profitability, with a 5108.47% increase in profit. The company's net worth moved up by a moderate rise of 8.06%.


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What is the Ownership and Shareholding Structure of Neural Systems?
In 2023, Neural Systems had a promoter holding of 31.33% and a public holding of 68.67%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Neural Systems Coedge Private Limited
Bittanaiah Basavaraj is a mutual person
- Aditi Essentials Private Limited
Bharat Shetty is a mutual person
- Aurascent Essence Private Limited
Bharat Shetty is a mutual person
- Cartafine Worldwide Private Limited
Bharat Shetty is a mutual person
- Yashna Naturals Private Limited
Bharat Shetty is a mutual person
- Aurashine Essentials Private Limited
Bharat Shetty is a mutual person
Charges (Loans)
₹3.50 Cr
₹2.51 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 3.50 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
29 Nov 2021 | Yes Bank Limited | ₹3.50 Cr | Open |
02 Nov 2009 | State Bank Of India | ₹2.45 Cr | Satisfied |
08 Nov 2008 | Canara Bank | ₹0.60 M | Satisfied |
How Many Employees Work at Neural Systems?
Unlock and access historical data on people associated with Neural Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Neural Systems, 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 Neural Systems'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.
Latest Updates, News, and FAQs on Neural Systems
Recent activity within the organization
- Annual General Meeting
Neural Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Neural Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Charges
A charge with Yes Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100509320 was registered on 29 Nov 2021.
- Director Appointment
Malathy Doreswamy was appointed as a Director was appointed as a Director on 20 Apr 2019 & has been associated with this company since 5 years 11 months .
- Charges
A charge registered on 02 Nov 2009 via Charge ID 10189847 with State Bank Of India was fully satisfied on 13 Dec 2017.
- Charges
A charge registered on 08 Nov 2008 via Charge ID 10131162 with Canara Bank was fully satisfied on 13 Dec 2017.
Frequently asked questions
What is the Incorporation or founding date of Neural Systems Private Limited?
Neural Systems Private Limited was incorporated on 14 Mar 2008.
What is authorized share capital and paid-up capital of Neural Systems Private Limited?
The authorized share capital of Neural Systems Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.
Who are the current board members & directors of Neural Systems Private Limited?
Currently 3 directors are associated with Neural Systems Private Limited.
- Bharat Muddanna Shetty
- Bittanaiah Manjunathaiah Basavaraj
- Malathy Doreswamy
What is the registered address of Neural Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Neural Systems Private Limited is Plot No.65 Bommasandra Jigani Link Road Kiadb Industrial Area, India, Bangalore, Karnataka, 560105.
What is the corporate identification number (CIN) and company number of Neural Systems Private Limited?
The corporate identification number (CIN) of Neural Systems Private Limited is U30007KA2008PTC045625 and the company number is 045625 as per Ministry of Corporate Affairs (MCA).
What is the official website of Neural Systems Private Limited?
The Official website of Neural Systems Private Limited is https://www.neuralsys.net
What has been the recent revenue trend for Neural Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Neural Systems Private Limited has fallen by -7.68%.
What change has been observed in the net worth of Neural Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Neural Systems Private Limited has experienced an upsurge of 8.06%.
What are the total open charges for Neural Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Neural Systems Private Limited amount to ₹ 3.50 Cr.
When was the last Balance Sheet of Neural Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Neural Systems Private Limited was filed with the ROC on 31 Mar 2023.
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