Nova Agritech Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 18.50 Cr
- Company Age 18 Year, 17 Days
- 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 18 years. 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
Agriculture
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.
Nova Agritech Limited
Explore comprehensive data for Nova Agritech Limited, including financials, compliance details, shareholding patterns, and litigation history.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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 Limited
Ramesh 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)
Open Charges
₹44.02 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Nova Agritech
Recent activity within the organization
- Director Appointment
Srinivasa Rao Mandalapu was appointed as a Ceo was appointed as a Ceo on 23 Mar 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge with Others of Rs. 34.80 Cr registered on 28 Sep 2012 with Charge ID 10484653 was modified on 19 Mar 2024.
- Annual General Meeting
Nova Agritech Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Nova Agritech Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.
- Charges
A charge with Others amounted to Rs. 2.40 Cr with Charge ID 100508666 was registered on 04 Dec 2021.
- Charges
A charge with Others amounted to Rs. 0.16 Cr with Charge ID 100501129 was registered on 29 Oct 2021.
Recent News, Updates & Announcement
Nova Agritech's IPO Soars 34.15% Above Issue Price, Experts Recommend Subscribing.Nova Agritech's IPO debut exceeded expectations, with its share price soaring 34.15% above the issue price of ₹41 to list at ₹55. This was fueled by strong market position, diverse product portfolio, and impressive financial performance. Experts predicted a strong listing and recommended subscribing to the IPO. The company plans to use the proceeds for expansion and research and development. Disclaimer: Do your own research before investing..
- Nova AgriTech's Highly Anticipated IPO Allotment Basis to be Revealed on Jan 29, with Strong Response from Investors and Potential Listing Pop of 55-56%.
Nova AgriTech's IPO allotment basis will be revealed on January 29, with investors eagerly waiting for updates on fund deductions and IPO mandate changes. The company, a major player in crop nutrition, received a strong response from investors during the bidding process. The IPO raised approximately Rs 14381 crore and had a subscription rate of 10937 times. The grey market premium for Nova AgriTech's shares has increased to Rs 23 per share, indicating a potential listing pop of 55-56%. Brokerage firms have expressed positivity towards the IPO, but some caution against rich valuations and geographical concentration. The company's shares will be listed on both BSE and NSE on January 31..
- Nova Agritech IPO last date: Issue oversubscribed 109.37 times; GMP steady | Mint.
Nova Agritech IPO subscription status on day 3: overall subscription at 109.37 times, retail portion subscribed 77.12 times, NII portion subscribed 224.08 times, and QIB portion booked 79.31 times..
- Nova Agritech IPO opens today: Check GMP, review, other key details. Should you subscribe? | Mint.
The Nova Agritech IPO, worth ₹143.81 crore, comprises a fresh issue of ₹112 crore and an offer-for-sale (OFS) of 7,758,620 equity shares. Nova Agritech IPO GMP is +20, indicating that the share price is trading at a premium of ₹20 in the grey market..
- Nova Agritech IPO Oversubscribed Within Hour of Opening; Check Price Band, Latest GMP and Other Details.
Nova Agritech is a leading manufacturer of agricultural inputs. Its shares are trading at a premium of Rs 20 in the grey market today. It means that Nova Agritech are commanding a premium of 50 per cent in unlisted market..
Frequently asked questions
What is the Incorporation or founding date of Nova Agritech Limited?
Nova Agritech Limited was incorporated on 09 May 2007.
What is authorized share capital and paid-up capital of Nova Agritech Limited?
The authorized share capital of Nova Agritech Limited is ₹ 20.00 Cr and paid-up capital is ₹ 18.50 Cr.
Who are the current board members & directors of Nova Agritech Limited?
Currently 11 directors are associated with Nova Agritech Limited.
- Srinivasa Rao Mandalapu
- Malathi Siripurapu
- Sreekanth Yenigalla
- Ramesh Babu Nemani
- Basanth Kumar Nadella
- Kiran Kumar Atukuri
- Swapna Kandula
- Kiran Kumar Adapa
- Rao Seshagiri Adabala
- Gunupudi Srinivas Kamoji
- Neha Soni
What is the registered address of Nova Agritech Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Nova Agritech Limited is Sy.No.251/A/1.Singannaguda Village, Mulugu Mandal, Siddipet, Telangana, India, 502279.
What is the corporate identification number (CIN) and company number of Nova Agritech Limited?
The corporate identification number (CIN) of Nova Agritech Limited is U01119TG2007PLC053901 and the company number is 053901 as per Ministry of Corporate Affairs (MCA).
What is the official website of Nova Agritech Limited?
The Official website of Nova Agritech Limited is https://www.novaagritech.com
What has been the recent revenue trend for Nova Agritech Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Nova Agritech Limited has risen by 0.96%.
How many employees does Nova Agritech Limited currently have?
As Per 2023 financial reports, 122 employees are currently employed by Nova Agritech Limited.
What change has been observed in the net worth of Nova Agritech Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Nova Agritech Limited has experienced an upsurge of 27.86%.
What are the total open charges for Nova Agritech Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Nova Agritech Limited amount to ₹ 44.02 Cr.
When was the last Balance Sheet of Nova Agritech Limited filed with the ROC?
The most recent Balance Sheet for Nova Agritech Limited was filed with the ROC on 31 Mar 2023.
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