Nova Electro Magnetics Limited

Produces and sells video cassettes and consumer electronics, with a suspended manufacturing activity.

1989 | Chennai, Tamil Nadu (India) | Inactive
Last Updated: January 18, 2025

Nova Electro Magnetics Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 16.41 Cr
  • Company Age 35 Year, 3 Months
  • Last Filing with ROC 31 Mar 2018
  • Open Charges ₹ 4.92 Cr
  • Satisfied Charges ₹ 156.90 Cr
  • Revenue Growth %
  • Profit Growth -16.15%
  • Ebitda -16.15%
  • Net Worth -0.25%
  • Total Assets 0.11%

About Nova Electro Magnetics

Nova Electro Magnetics Limited (NEML) is Dissolved (Liquidated) company established on 21 Nov 1989 with its office registered at Chennai, Tamil Nadu, India and has been running since 35 Year, 3 Months with a paid up capital of 16.41 Cr. According to MCA records, 4 Directors are linked to this company as of 18 Jan 2025.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novaelectro.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L93090TN1989PLC033430

  • Company No.

    033430

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 1989

  • Date of AGM

    22 Aug 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Nova Electro Magnetics?

Board Members (4)

NameDesignationAppointment DateStatus
Sarowar Puri Country flag representing In Whole-Time Director 24-Oct-1990Current
Narendra Chauhan Country flag representing In Director 13-Sep-2009Current
Surjawati Country flag representing In Director 10-May-2016Current
Somashekara Dk Country flag representing In Additional Director 03-Nov-2014Current

Financial Performance of Nova Electro Magnetics.

Nova Electro Magnetics Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 16.15% decrease in profit. The company's net worth dipped by a decrease of 0.25%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
0.11%
Profit or Loss
-16.15%
Net Worth
-0.25%
EBITDA
-16.15%

What is the Ownership and Shareholding Structure of Nova Electro Magnetics?

In 2017, Nova Electro Magnetics had a promoter holding of 44.20% and a public holding of 55.80%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.92 Cr

Satisfied Charges

₹156.90 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 4.92 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 1995Canara Bank₹1.45 CrOpen
25 Jun 1991Canara Bank₹1.47 CrOpen
11 Oct 1990Canara Bank₹2.00 CrOpen
01 Mar 1996Indian Bank₹36.35 CrSatisfied
02 Aug 1995Industrial Development Bank Of India₹25.00 CrSatisfied

How Many Employees Work at Nova Electro Magnetics?

Unlock and access historical data on people associated with Nova Electro Magnetics, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nova Electro Magnetics, 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 Electro Magnetics's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Electro Magnetics

Recent activity within the organization

  • Annual General Meeting

    Nova Electro Magnetics Limited last Annual general meeting of members was held on 22 Aug 2018 as per latest MCA records.

    22 Aug 2018

  • Balance Sheet

    Nova Electro Magnetics Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Chennai.

    31 Mar 2018

  • Director Appointment

    Surjawati was appointed as a Director was appointed as a Director on 10 May 2016 & has been associated with this company since 8 years 9 months .

    10 May 2016

  • Director Appointment

    Somashekara Dk was appointed as a Additional Director was appointed as a Additional Director on 03 Nov 2014 & has been associated with this company since 10 years 3 months .

    03 Nov 2014

  • Charges

    A charge registered on 02 Jan 1995 via Charge ID 80057023 with Punjab & Sind Bank was fully satisfied on 30 May 2012.

    30 May 2012

  • Charges

    A charge registered on 02 Aug 1995 via Charge ID 80057026 with Industrial Development Bank Of India was fully satisfied on 21 Apr 2012.

    21 Apr 2012

Frequently asked questions

  • Nova Electro Magnetics Limited was incorporated on 21 Nov 1989.

  • The authorized share capital of Nova Electro Magnetics Limited is ₹ 100.00 Cr and paid-up capital is ₹ 16.41 Cr.

  • Currently 4 directors are associated with Nova Electro Magnetics Limited.

    • Sarowar Anand Puri
    • Narendra Chauhan
    • Surjawati
    • Somashekara Dk
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nova Electro Magnetics Limited is 1A Vedammal Avenue Dr.Subaraya Nagar Main Road Kodambakkam, India, Chennai-600024., Tamil Nadu.

  • The corporate identification number (CIN) of Nova Electro Magnetics Limited is L93090TN1989PLC033430 and the company number is 033430 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nova Electro Magnetics Limited is https://www.novaelectro.co.in

  • The financial reports for the fiscal year 2017 indicates that The net worth of Nova Electro Magnetics Limited has experienced an downturn of -0.25%.

  • As per the financial statements for fiscal Year 2017, The total open charges for Nova Electro Magnetics Limited amount to ₹ 4.92 Cr.

  • The most recent Balance Sheet for Nova Electro Magnetics Limited was filed with the ROC on 31 Mar 2018.

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