Naxnova Technologies Profile
Key Indicators
- Authorised Capital ₹ 188.01 Cr
- Paid Up Capital ₹ 44.04 Cr
- Company Age 13 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 631.81 Cr
- Satisfied Charges ₹ 1,134.73 Cr
- Revenue Growth 31.82%
- Profit Growth 40.93%
- Ebitda 32.35%
- Net Worth -28.00%
- Total Assets -10.73%
About Naxnova Technologies
Naxnova Technologies Private Limited (NTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 October 2011 and has a history of 13 years and four months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Resync Auto Solutions Private Limited. The Company is engaged in the Automotive 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 188.01 Cr and a paid-up capital of Rs 44.04 Cr.
The company currently has active open charges totaling ₹631.81 Cr. The company has closed loans amounting to ₹1,134.73 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Naxnova Technologies Private Limited India is Saloni Maru as COMPANY SECRETARY. Kishore Musale, Salil Musale, Sameer Musale, and One other member serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U01403MH2011PTC222752
- Company No.
222752
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Oct 2011
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Automotive
What products or services does Naxnova Technologies Private Limited offer?
Naxnova Technologies Private Limited offers a wide range of products and services, including Motifs, Badges, Emblems & Lanyards, Badges, Stickers, Printed Stickers, Car Interior Accessories, Car Interior Decorations, Automotive Body Parts, Automotive Stickers, Car Graphics, Bike Graphic Stickers.
Who are the key members and board of directors at Naxnova Technologies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Salil Musale  | Managing Director | 23-May-2017 | Current |
| Sameer Musale | Managing Director | 05-Oct-2011 | Current |
| Saloni Maru | Company Secretary | 27-Sep-2021 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pandurang Chougale | Whole-Time Director | 15-Sep-2021 | Current |
| Kishore Musale | Director | 05-Oct-2011 | Current |
Financial Performance of Naxnova Technologies.
Naxnova Technologies Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.82% increase. The company also saw a substantial improvement in profitability, with a 40.93% increase in profit. The company's net worth observed a substantial decline by a decrease of 28%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Naxnova Technologies?
In 2023, Naxnova Technologies had a promoter holding of 99.83% and a public holding of 0.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Classic Retail Imaging Solutions Private LimitedKishore Musale is a mutual person
Unnati Educare Private LimitedSameer Musale is a mutual person
Astarc Enterprises Private LimitedKishore Musale and Salil Musale are mutual person
- Astarc Ports Private Limited
Kishore Musale is a mutual person
- Astarc Power Private Limited
Salil Musale and Sameer Musale are mutual person
- Astarc Infra Developers Private Limited
Salil Musale is a mutual person
Charges (Loans)
Open Charges
₹631.81 Cr
Satisfied Charges
₹1,134.73 Cr
Charges Breakdown by Lending Institutions
- Others : 578.81 Cr
- Axis Bank Limited : 53.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jul 2024 | Others | ₹400.00 Cr | Open |
| 29 Apr 2023 | Axis Bank Limited | ₹53.00 Cr | Open |
| 28 Mar 2023 | Others | ₹30.00 Cr | Open |
| 26 Jul 2022 | Others | ₹80.00 Cr | Open |
| 29 Sep 2020 | Others | ₹68.81 Cr | Open |
How Many Employees Work at Naxnova Technologies?
Naxnova Technologies has a workforce of 423 employees as of Apr 04, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Naxnova Technologies, 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 Naxnova Technologies'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 Naxnova Technologies
Recent activity within the organization
- Charges
A charge with Others of Rs. 400.00 Cr registered on 08 Jul 2024 with Charge ID 100947459 was modified on 18 Jul 2024.
- Charges
A charge with Others amounted to Rs. 400.00 Cr with Charge ID 100947459 was registered on 08 Jul 2024.
- Charges
A charge with Others of Rs. 68.81 Cr registered on 29 Sep 2020 with Charge ID 100414600 was modified on 14 Mar 2024.
- Charges
A charge registered on 14 Feb 2020 via Charge ID 100331092 with Others was fully satisfied on 07 Nov 2023.
- Annual General Meeting
Naxnova Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 30.00 Cr registered on 28 Mar 2023 with Charge ID 100702889 was modified on 31 May 2023.
Recent News, Updates & Announcement
Taking Control: How One Company's Strategic Moves Led to Growth and Customer Satisfaction #BossMoves #KKRSupport #ClassicStripes.When you finally buy back the controlling stake in your company from your private equity investor and get the support of a global financial investor, it's time to take control of your growth strategy and serve your customers better. #BossMoves #KKRSupport #ClassicStripes.
- Navis Capital acquires stake in Classic Stripes for $100 million.
Classic Stripes has four manufacturing facilities in the country with a total production capacity of over 13 million automotive graphic-sets a year..
Frequently asked questions
What is the Incorporation or founding date of Naxnova Technologies Private Limited?
Naxnova Technologies Private Limited was incorporated on 05 Oct 2011.
What is authorized share capital and paid-up capital of Naxnova Technologies Private Limited?
The authorized share capital of Naxnova Technologies Private Limited is ₹ 188.01 Cr and paid-up capital is ₹ 44.04 Cr.
Who are the current board members & directors of Naxnova Technologies Private Limited?
Currently 5 directors are associated with Naxnova Technologies Private Limited.
- Kishore Manohar Musale
- Salil Kishore Musale
- Sameer Kishore Musale
- Pandurang Vasantrao Chougale
- Saloni Dilip Maru
What is the registered address of Naxnova Technologies Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Naxnova Technologies Private Limited is 76/79 Astarc House Takpada Makwana Lane Marol Andheri (E), - India, Mumbai, Maharashtra, 400059.
What is the corporate identification number (CIN) and company number of Naxnova Technologies Private Limited?
The corporate identification number (CIN) of Naxnova Technologies Private Limited is U01403MH2011PTC222752 and the company number is 222752 as per Ministry of Corporate Affairs (MCA).
What is the official website of Naxnova Technologies Private Limited?
The Official website of Naxnova Technologies Private Limited is https://www.naxnova.com
What has been the recent revenue trend for Naxnova Technologies Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Naxnova Technologies Private Limited has risen by 31.82%.
How many employees does Naxnova Technologies Private Limited currently have?
As Per 2023 financial reports, 423 employees are currently employed by Naxnova Technologies Private Limited.
What change has been observed in the net worth of Naxnova Technologies Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Naxnova Technologies Private Limited has experienced an downturn of -28.00%.
What are the total open charges for Naxnova Technologies Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Naxnova Technologies Private Limited amount to ₹ 631.81 Cr.
When was the last Balance Sheet of Naxnova Technologies Private Limited filed with the ROC?
The most recent Balance Sheet for Naxnova Technologies Private Limited was filed with the ROC on 31 Mar 2023.
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