Company Intelligence Profile
Neo Alternative Asset Managers Private Limited
Neo Alternative Asset Managers Pvt. Ltd. (erstwhile Neo Asset Management) is the alternative-credit asset-management arm of the Neo Group, founded in 2021 by Puneet Jain, Nitin Jain and Hemant Daga.
CIN: U67100MH2021PTC371799ActiveRegistrar of Companies, MumbaiConfidence: High for identity
Last updated 17 August 2026
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
Confirmed| Registered name | Neo Alternative Asset Managers Private Limited |
|---|---|
| CIN | U67100MH2021PTC371799 |
| PAN | AAHCN9328A |
| Status |
|
| Listing | Not listed — unlisted private limited company. |
| Incorporated | 18 November 2021 |
| ROC | Registrar of Companies, Mumbai (Maharashtra) — Tofler, TheCompanyCheck |
| Sector (NIC) |
|
| Registered address | 903, B-Wing, 9th Floor, Marathon Futurex, Mafatlal Mills Compound, N.M. Joshi Marg, Lower Parel, Mumbai, Maharashtra – 400013 |
| Authorized capital | ₹20,00,000 (₹20 lakh) — Tofler + TheCompanyCheck agree, confirmed |
| Paid-up capital | ₹4,35,000 (₹4.35 lakh) — Tofler + TheCompanyCheck agree, confirmed |
Business Overview
Confirmed- Neo Alternative Asset Managers Pvt. Ltd. (erstwhile Neo Asset Management) is the alternative-credit asset-management arm of the Neo Group, founded in 2021 by Puneet Jain, Nitin Jain and Hemant Daga
- It runs SEBI-registered PMS/AIF strategies across three verticals — Private Credit, Core Credit and Real Assets — targeting pension funds, insurance companies, family offices, and HNI/UHNI investors
- Company website (neoalternativeassetmanagers.com, also mirrored at neoassetmanagement.com) states Neo Group-level scale of USD ~3 billion Assets Under Advisory and USD ~500 million Assets Under Management; a third-party PMS aggregator cites ~₹4,892 crore AUM across 601 clients specifically for the PMS book
- Leadership: Nitin Jain (Chairman & MD, Neo Group), Hemant Daga (Co-Founder & CEO), Puneet Jain (Chief Investment Officer)
Directors
Partial / conflictingCorroborated across Tofler and Falconebiz (registry sources):
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Suresh Chand Goyal | 00220575 | Director | 21 Dec 2021 |
| Hemant Daga | 07783248 | Director | 19 Apr 2022 |
| Puneet Jain | 09716672 | Whole-time Director | 13 Sep 2022 |
| Varun Bajpai | 00058339 | - | - |
| Nitin Jain | 01995230 | - | - |
| Devina Shalin Khanna | 08978054 | Additional Director | 11 Dec 2025 |
GST
Partial / conflicting| GSTIN | State | PAN | Status |
|---|---|---|---|
| 27AAHCN9328A1ZH | Maharashtra | AAHCN9328A (Tofler; corroborated — matches PAN segment embedded in primary GSTIN 27AAHCN9328A1ZH) | Active |
| 24AAHCN9328A1ZN | Gujarat | AAHCN9328A (Tofler; corroborated — matches PAN segment embedded in primary GSTIN 27AAHCN9328A1ZH) | - |
Primary GSTIN: 27AAHCN9328A1ZH (Maharashtra), status Active, type Regular, registered 08 Feb 2022 — source: piceapp.com (single-source aggregator, not cross-verified on a second reliable site; PAN embedded (AAHCN9328A) matches identity PAN, which is a good consistency check). Home state: Maharashtra. A search snippet (single low-confidence aggregate source) claims 4 GSTINs across 3 states including Gujarat (24AAHCN9328A1ZN) — NOT independently confirmed, treat as uncertain/partial. Status of the GST-registration count: partial, not confirmed.
Financials
Partial / conflictingFY2025 (year ended 31 March 2025), standalone company-level filings:
| Revenue | ₹77.13 Cr |
|---|---|
| EBITDA | not obtained (locked behind premium report on all sources checked) |
| PAT | exact ₹ figure not obtained. Tofler shows Net Profit Margin of -34.15% for FY2025, implying a net loss for the year — reported as a ratio only, not a filed absolute PAT figure; treat as partial/indicative, not a confirmed exact number |
| Net worth | decreased 26.23% YoY — absolute net-worth figure not obtained |
| Borrowings | Debt-to-Equity ratio 0.83. Absolute borrowings figure not obtained |
| Charges | TheCompanyCheck states "does not have any charges (loans) registered with the RoC" as of latest filing — single source, partial |
Funding
Partial / conflicting- Tracxn-sourced: total funding reported as ~$47.6M across 3 rounds from investors including Peak XV Partners, Atha Group, Goyal Group, BridgeMonte, Morde Foods and S N Damani Infra; latest round cited as a ~$3.82M Series B on 25 Jul 2024
- CAUTION — ENTITY-CONFUSION RISK: separate news coverage (Entrackr, SiliconIndia, "The Head and Tale") reports a Rs 350 crore raise led by Peak XV Partners specifically at the "Neo Group" / parent holding-company level (to expand the wealth business), not explicitly confirmed as booked into this specific operating CIN (Neo Asset Management / Neo Alternative Asset Managers Pvt Ltd)
- Tracxn itself hosts at least 3 separate, similarly-named legal-entity/company profiles ("Neo Asset Management," "Neo Wealth and Asset Management," "Neo Alternative Asset Managers Private Limited" as a distinct legal-entities page) — funding figures may be aggregated at Group level rather than this entity
- Overall status: PARTIAL / UNCERTAIN ATTRIBUTION — do not present the $47.6M or Rs 350 Cr figures as definitively this entity's own balance-sheet funding without further primary-source confirmation
Charges/Loans
Partial / conflicting- No charges/loans currently registered with the RoC against this entity, per TheCompanyCheck ("Neo Asset Management Private Limited does not have any charges (loans) registered with the Registrar of Companies")
- Single-source; not cross-verified on a second registry aggregator this session
- Status: partial
Credit Ratings
Partial / conflicting- No corporate/issuer-level credit rating for the entity itself was found (CRISIL/ICRA/CARE company ratings pages checked, none returned)
- What WAS found: CRISIL Ratings has an active/reaffirmed rating action (dated 17 September 2025, official crisilratings.com press page) for the "Neo Income Plus Fund" — a fund managed by Neo Asset Management — carrying an AA-(SO)-equivalent credit-opinion type rating with capital protection for certain unit classes
- This is a FUND-level structured rating, not the operating company's own issuer/NBFC rating, and must not be conflated with a corporate credit rating of the entity
- Status: partial (fund-level only)
Competitors
Partial / conflictingEdelweiss Alternative Asset Advisors
large, one of India's oldest and biggest alternative-credit platforms
Kotak Alternate Asset Managers
large, bank-backed, broad private credit + real estate AIF suite
InCred Alternative Investments
mid-large, credit-focused NBFC-linked platform
Vivriti Asset Management
mid, structured/private credit AIFs
Alteria Capital
mid, venture debt specialist (adjacent segment)
Northern Arc Investment Managers
mid, credit/structured finance focus
Scale tags are indicative/relative, not sourced from a specific…
Frequently Asked Questions
What does Neo Alternative Asset Managers Private Limited do?
Neo Alternative Asset Managers Pvt. Ltd. (erstwhile Neo Asset Management) is the alternative-credit asset-management arm of the Neo Group, founded in 2021 by Puneet Jain, Nitin Jain and Hemant Daga.
What is the CIN of Neo Alternative Asset Managers Private Limited?
The Corporate Identification Number (CIN) of Neo Alternative Asset Managers Private Limited is U67100MH2021PTC371799.
Where is Neo Alternative Asset Managers Private Limited registered?
Neo Alternative Asset Managers Private Limited is registered with Registrar of Companies, Mumbai (Maharashtra) — Tofler, TheCompanyCheck. Registered address: 903, B-Wing, 9th Floor, Marathon Futurex, Mafatlal Mills Compound, N.M.
When was Neo Alternative Asset Managers Private Limited incorporated?
Neo Alternative Asset Managers Private Limited was incorporated on 18 November 2021 (Tofler; TheCompanyCheck agree).
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