Neugrow Optoelectronic Technologies Private Limited - Due diligence report

A 360° intelligence report on Vetan: trust score, financial health, credit view, compliance, directors, growth and distress signals - genera…

2017-12-04 Mettupalayam, Tamil Nadu Active Unlisted Active Compliant
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NO Neugrow Optoelectronic Technologies Private Limited
Full Due-Diligence Report + Documents
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  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
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Vetan — 360° Intelligence Report

Generated from MCA filings & public records
87/100
Trust Score
Low Risk

Vetan is assessed as Low Risk with a Trust Score of 87/100. Vetan is an active private limited indian non-government company incorporated in 2017, operating in the Machinery and Equipment sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and moderate financial risk profile.

Report generated on 17 Jul 2026 from the latest processed filings. Neugrow Optoelectronic Technologies Private Limited snapshot & full profile →

Financial Health › Strong
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
87/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreModerate
70/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
90/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Open charges exceed net worth - secured lenders rank ahead.
  • Elevated gearing (D/E 38%).
  • Profitable - internal accruals available.

Charges position: 3 open (13.12 cr) · 0 satisfied (-).

Banking relationships (from registered charges)
LenderChargesAmount
Others3 48.0 cr
Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 90/100
NameDIN / PANDesignationAppointedTenureDIN status
VELUSAMY RAM NIVASH 01234567 Director 01/04/2018 6 yrs Approved
MANICKAM SIVAKUMAR 01234567 Director 01/04/2018 6 yrs Approved
KANDASAMY DEVARAJAN 01234567 Director 01/04/2018 6 yrs Approved
SABARIMALAI PALANICHAMY MANIVANNAN 01234567 Director 01/04/2018 6 yrs Approved
  • 4 directors on the board.
  • No disqualified or deactivated DINs.
  • 1 director exit(s) in the last 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2024)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2024 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
4 allotment(s) · 2 transfer(s)

Promoters hold the largest single block of equity - exact percentages are part of the full report.

Key managerial personnel: MANICKAM SIVAKUMAR (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 90 · Distress 90
Growth signals & trust indicators
Revenue acceleration: +1.42 over 4 year(s).
Profit expanded 2.1x year-on-year.
Asset base grew 24% - capacity expansion.
Net margin improved to 0.86.
Operating for 8 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
3 open charge(s) registered - assets are encumbered.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence93/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • No distress signals on file.
  • Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 3 open charge(s) of 13.12 cr already registered.
  • Compliance record supports lending.
Investor view82/100
Positive growth indicators
Growth quality and scalability through an investor lens.
  • 4 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
07 Feb 2025
Director ceased
BHEEMAN BALAJI
19 Jun 2024
Charge created
Others - 1.37 cr
31 Jan 2024
Charge created
Others - 1.75 cr
31 Mar 2022
Share transfer (FY 2022)
22640.00000000 shares to Balaji Bheeman
29 Oct 2021
Charge created
Others - 10.00 cr
16 Jul 2021
Securities allotted
67360 Equity Shares - 1.11 cr raised
Securities allotted
8000 Equity Shares - 13.14 Lakh raised
28 Dec 2020
Director appointed
VELUSAMY RAM NIVASH (Director)
31 Mar 2020
Share transfer (FY 2020)
6500.00000000 shares to SIVAKUMAR.M
30 Sep 2019
Director ceased
MINGWEI JI
18 Jul 2019
Director ceased
MUTHUSAMY DEVARAJ JAGADEESHWARAN
05 Oct 2018
Securities allotted
23640 Equity Shares - 23.64 Lakh raised
04 Dec 2017
Incorporated
Registered with Roc Coimbatore
10

Key Observations

Auto-generated from the data above
Revenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - leverage worth monitoring.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold the largest single block of equity as per the FY 2024 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 4 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Aro Equipments Private Limited U29219HR1999PTC108312 Gurgaon, Haryana, India
Global Tech India U72200PN2000PTC014691 Pune, Maharashtra, India
Taiton U74999TG2017PTC119031 Hyderabad, Telangana, India
Spartan Supply Private Limited U52100DL2014PTC273098 Ghitorni, Delhi, India
Doctorwindow Private Limited U36990DL2018PTC329951 Delhi, Delhi, India
Dhanlaxmi Trends Private Limited U18109MP2021PTC057704 Indore, Madhya Pradesh, India
Lamba Bros Private Ltd. U74899DL1986PTC022978 New Delhi, Delhi, India
Casamia Building Material Trading Private Limited U51101MH2012PTC233635 Mumbai, Maharashtra, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Vetan before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Vetan: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Vetan - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 87/100, distress signals and MSME payment-delay disclosures - know whether Vetan pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Vetan - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Vetan an active company?

Vetan has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Vetan financially healthy?

Vetan has a Financial Health Score of 70/100 (Moderate) based on its filed financial statements.

Should I do business with Vetan?

Its overall Trust Score is 87/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Vetan?

Promoters hold the largest single block of equity - exact percentages are in the full report. 4 active director(s) are on record.

Does Vetan have loans or charges against its assets?

3 open charge(s) are registered against its assets.

Is Vetan up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Vetan?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.