Nov India Profile
Key Indicators
- Authorised Capital ₹ 37.00 Cr
- Paid Up Capital ₹ 26.65 Cr
- Company Age 18 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 25.65 Cr
- Revenue Growth 32.43%
- Profit Growth 26.49%
- Ebitda 12.28%
- Net Worth 5.75%
- Total Assets 24.25%
About Nov India
Nov India Private Limited (NIPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 09 November 2006 and has a history of 18 years and three months. Its registered office is in Navi Mumbai, Maharashtra, India.
The Corporate was formerly known as Reedhycalog India Private Limited. 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 37.00 Cr and a paid-up capital of Rs 26.65 Cr.
The company has closed loans amounting to ₹25.65 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nov India Private Limited India is Ritesh Naita as COMPANY SECRETARY. Ritesh Naita, Trevor Martin, and Steven Ross serve as directors at the Company.
Company Details
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Location
Navi Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U29199MH2006FTC165462
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Company No.
165462
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Company Classification
Private Limited Foreign Company Incorporated In India
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Incorporation Date
09 Nov 2006
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Nov India Private Limited offer?
Nov India Private Limited offers a wide range of products and services, including Drilling & Boring Equipment, Drilling Equipment, Cutting Tools & Milling Cutter, Carbide Cutting Tools, Industrial Air Conditioner & Devices, Chillers, Agitator, Electric Drill, Power Drill, Rock Drill Bits.
Who are the key members and board of directors at Nov India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ritesh Naita
|
Company Secretary | 07-Jun-2017 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Ritesh Naita
|
Director and Company Secretary | 01-Jun-2023 | Current |
Trevor Martin
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Director | 18-Sep-2014 | Current |
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Steven Ross
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Director | 29-Jun-2021 | Current |
Financial Performance of Nov India.
Nov India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 32.43% increase. The company also saw a substantial improvement in profitability, with a 26.49% increase in profit. The company's net worth moved up by a moderate rise of 5.75%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Nov India?
In 2023, Nov India had a promoter holding of 100.00%. 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)
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Nov Mfg India Private LimitedRitesh Naita, Trevor Martin and 1 more are mutual person
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Nov Digital Technologies Private LimitedTrevor Martin is a mutual person
Charges (Loans)
₹0
₹25.65 Cr
Charges Breakdown by Lending Institutions
- Barracuda Ventures Pte Ltd : 17.96 Cr
- Barracuda Ventured Pte Ltd : 7.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 May 2012 | Barracuda Ventured Pte Ltd | ₹7.70 Cr | Satisfied |
| 22 May 2012 | Barracuda Ventures Pte Ltd | ₹17.96 Cr | Satisfied |
How Many Employees Work at Nov India?
Nov India has a workforce of 252 employees as of Mar 21, 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 Nov India, 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 Nov India'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.
