Nava Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 29.02 Cr
- Company Age 52 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 370.00 Cr
- Satisfied Charges ₹ 3,344.68 Cr
- Revenue Growth -5.56%
- Profit Growth -15.60%
- Ebitda -32.54%
- Net Worth 7.12%
- Total Assets 3.37%
About Nava
Nava Limited (NL) was founded in India on 07 November 1972 and has a glorious history of 52 years and three months. Its registered office is in Hyderabad, Telangana, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513023 and on the National Stock Exchange(NSE) under NBVENTURES.
The Corporate was formerly known as Nava Bharat Ferro Alloys 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 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 29.02 Cr.
The company currently has active open charges totaling ₹370.00 Cr. The company has closed loans amounting to ₹3,344.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nava Limited India are Ashwin Devineni as Ceo, Sultan Baig as Cfo, and Satyanarayana Vegesina as Company Secretary. Ramakrishna Gorthi, Pinnamaneni Prasad, Ashok Devineni, and Five other members serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L27101TG1972PLC001549
- Company No.
001549
- Stock Symbol
BSE : 513023 NSE : NBVENTURES
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
07 Nov 1972
- Date of AGM
08 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
What products or services does Nava Limited offer?
Nava Limited offers a wide range of products and services, including Organic and Inorganic Solvents, Alcohol Solvents, Power Plants & Spare Parts, Integrated Circuits, Power IC, Engineering Consultant Service, Mining Consultants, Machines & Equipments, Industrial Machinery, Farm Management Service.
Who are the key members and board of directors at Nava?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pinnamaneni Prasad  | Managing Director | 19-Mar-1992 | Current |
| Ashwin Devineni | CEO | 29-May-2019 | Current |
| Sultan Baig | CFO | 30-Jan-2020 | Current |
| Satyanarayana Vegesina | Company Secretary | 01-Jun-2016 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gururaj Kundargi | Director | 06-Aug-2018 | Current |
| Ramakrishna Gorthi | Whole-Time Director | 29-Oct-2010 | Current |
| Ashok Devineni | Whole-Time Director | 19-Mar-1992 | Current |
| Ashwin Devineni | Whole-Time Director | 18-Aug-2017 | Current |
| Indra Alluri | Director | 07-Feb-2019 | Current |
| Durga Kode | Director | 06-Aug-2018 | Current |
Financial Performance of Nava.
Nava Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5.56% decrease. The company also saw a substantial fall in profitability, with a 15.6% decrease in profit. The company's net worth moved up by a moderate rise of 7.12%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Nava?
In 2023, Nava had a promoter holding of 48.81% and a public holding of 51.20%. The company had 3 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sree Padmavathi Venkateswara FoundationPinnamaneni Prasad is a mutual person
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Rain Cii Carbon (Vizag) LimitedShanti Bolleni is a mutual person
The Sandur Manganese And Iron Ores LimitedGururaj Kundargi is a mutual person
Ccl Products (India) LimitedDurga Kode is a mutual person
B.N. Rathi Securities LimitedShanti Bolleni is a mutual person
Rain Cements LimitedShanti Bolleni is a mutual person
Charges (Loans)
₹370.00 Cr
₹3,344.68 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 300.00 Cr
- Others : 70.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2019 | Others | ₹70.00 Cr | Open |
| 16 Dec 2019 | Sbicap Trustee Company Limited | ₹300.00 Cr | Open |
| 06 Aug 2021 | Sbicap Trustee Company Limited | ₹30.00 Cr | Satisfied |
| 16 Dec 2019 | Sbicap Trustee Company Limited | ₹155.00 Cr | Satisfied |
| 06 May 2019 | State Bank Of India | ₹15.50 Cr | Satisfied |
How Many Employees Work at Nava?
Unlock and access historical data on people associated with Nava, 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 Nava, 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 Nava'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.
