Nova Agritech Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 18.50 Cr
- Company Age 17 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 44.02 Cr
- Satisfied Charges ₹ 4.06 Cr
- Revenue Growth 0.96%
- Profit Growth 67.13%
- Ebitda 36.27%
- Net Worth 27.86%
- Total Assets -6.05%
About Nova Agritech
Nova Agritech Limited (NAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 May 2007 and has a history of 17 years and nine months. Its registered office is in Medak, Telangana, India.
The Corporate was formerly known as Nova Agri Tech Pvt. Ltd.. The Company is engaged in the Agriculture 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 20.00 Cr and a paid-up capital of Rs 18.50 Cr.
The company currently has active open charges totaling ₹44.02 Cr. The company has closed loans amounting to ₹4.06 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Nova Agritech Limited India are Srinivasa Mandalapu as Ceo, Gunupudi Kamoji as Cfo, and Neha Soni as Company Secretary. Malathi Siripurapu, Sreekanth Yenigalla, Ramesh Nemani, and Five other members serve as directors at the Company.
Company Details
- Location
Medak, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U01119TG2007PLC053901
- Company No.
053901
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 May 2007
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Nova Agritech Limited offer?
Nova Agritech Limited offers a wide range of products and services, including Fertilizer, Plant Growth Promoters, Plant Nutrient, Insecticides, Organic Pesticides, Organic Fertilizers and Manure, Micronutrient, Nitrogen Fertilizers, NPK Fertilizer, Soil Conditioner.
Who are the key members and board of directors at Nova Agritech?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivasa Mandalapu | CEO | 23-Mar-2024 | Current |
Kiran Atukuri  | Managing Director | 09-Jul-2018 | Current |
| Gunupudi Kamoji | CFO | 03-Jan-2023 | Current |
| Neha Soni | Company Secretary | 22-Oct-2020 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Malathi Siripurapu | Whole-Time Director | 17-Mar-2021 | Current |
| Sreekanth Yenigalla | Whole-Time Director | 06-Dec-2017 | Current |
| Ramesh Nemani | Director | 23-Mar-2022 | Current |
| Basanth Nadella | Whole-Time Director | 26-May-2018 | Current |
| Swapna Kandula | Director | 19-Mar-2020 | Current |
| Kiran Adapa | Director | 17-Mar-2021 | Current |
Financial Performance of Nova Agritech.
Nova Agritech Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 0.96% increase. The company also saw a substantial improvement in profitability, with a 67.13% increase in profit. The company's net worth Soared by an impressive increase of 27.86%.
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What is the Ownership and Shareholding Structure of Nova Agritech?
In 2023, Nova Agritech had a promoter holding of 84.27% and a public holding of 15.73%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vsf Projects LimitedRamesh Nemani is a mutual person
Nova Agri Sciences Private LimitedRamesh Nemani and Kiran Atukuri are mutual person
Balaji Amines LimitedRao Adabala is a mutual person
Nova Agri Seeds India Private LimitedRamesh Nemani and Kiran Atukuri are mutual person
- Aic- Nova Foundation For Agriculture Innovation And Research
Kiran Atukuri is a mutual person
Athena Global Technologies LimitedRamesh Nemani is a mutual person
Charges (Loans)
₹44.02 Cr
₹4.06 Cr
Charges Breakdown by Lending Institutions
- Others : 44.02 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2021 | Others | ₹2.40 Cr | Open |
| 29 Oct 2021 | Others | ₹1.60 M | Open |
| 29 Oct 2021 | Others | ₹1.60 M | Open |
| 30 Sep 2015 | Others | ₹6.50 Cr | Open |
| 28 Sep 2012 | Others | ₹34.80 Cr | Open |
How Many Employees Work at Nova Agritech?
Nova Agritech has a workforce of 122 employees as of Apr 02, 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 Nova Agritech, 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 Nova Agritech'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.
