Nova Textiles Private Limited

Textile company manufacturing denim fabric and dyeing cotton/blended yarn, founded in 2012 by Mr. Brijmohan Chiripal.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: January 07, 2025

Nova Textiles Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 9.36 Cr
  • Company Age 12 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 58.60 Cr
  • Satisfied Charges ₹ 118.46 Cr
  • Revenue Growth -6.35%
  • Profit Growth -59.24%
  • Ebitda -5.69%
  • Net Worth -0.67%
  • Total Assets -7.68%

About Nova Textiles

Nova Textiles Private Limited (NTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 July 2012 and has a history of 12 years and seven months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Nandan Fabrics Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 9.36 Cr.

The company currently has active open charges totaling ₹58.60 Cr. The company has closed loans amounting to ₹118.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Micheal Anthony, Brijmohan Devkinandan, and Vishal Chiripal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    chiripalgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17291MH2012PTC232886

  • Company No.

    232886

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jul 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Fashion and Textile

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

Executive Team (1)

NameDesignationAppointment DateStatus
Vishal Chiripal Country flag representing In Managing Director17-Jun-2022Current

Board Members (2)

NameDesignationAppointment DateStatus
Micheal Anthony Country flag representing In Director 16-Jul-2021Current
Brijmohan Devkinandan Country flag representing In Director 03-Jul-2012Current

Financial Performance of Nova Textiles.

Nova Textiles Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.35% decrease. The company also saw a substantial fall in profitability, with a 59.24% decrease in profit. The company's net worth dipped by a decrease of 0.67%.

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
-6.35%
Revenue from Operations
-6.36%
Total Assets
-7.68%
Profit or Loss
-59.24%
Net Worth
-0.67%
EBITDA
-5.69%

What is the Ownership and Shareholding Structure of Nova Textiles?

In 2022, Nova Textiles had a promoter holding of 55.72% and a public holding of 44.28%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹58.60 Cr

Satisfied Charges

₹118.46 Cr

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 58.60 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2013Karnataka Bank Ltd.₹58.60 CrOpen
25 Aug 2015United Bank Of India₹25.00 CrSatisfied
30 Jul 2013Others₹93.46 CrSatisfied

How Many Employees Work at Nova Textiles?

Nova Textiles has a workforce of 175 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nova Textiles, 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 Textiles'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 Textiles

Recent activity within the organization

  • Annual General Meeting

    Nova Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge registered on 25 Aug 2015 via Charge ID 10605642 with United Bank Of India was fully satisfied on 12 Apr 2024.

    12 Apr 2024

  • Charges

    A charge registered on 30 Jul 2013 via Charge ID 10442371 with Others was fully satisfied on 12 Apr 2024.

    12 Apr 2024

  • Balance Sheet

    Nova Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Karnataka Bank Ltd. of Rs. 58.60 Cr registered on 30 Jul 2013 with Charge ID 10442370 was modified on 29 Sep 2023.

    29 Sep 2023

  • Director Appointment

    Vishal Vedprakash Chiripal was appointed as a Managing Director was appointed as a Managing Director on 17 Jun 2022 & has been associated with this company since 2 years 8 months .

    17 Jun 2022

Frequently asked questions

  • Nova Textiles Private Limited was incorporated on 03 Jul 2012.

  • The authorized share capital of Nova Textiles Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 9.36 Cr.

  • Currently 3 directors are associated with Nova Textiles Private Limited.

    • Micheal Jeniclass Anthony
    • Brijmohan Chiripal Devkinandan
    • Vishal Vedprakash Chiripal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nova Textiles Private Limited is 109/110 Peninsula Centre Dr. S.S. Rao Road, Parel India, Mumbai, Maharashtra, 400012.

  • The corporate identification number (CIN) of Nova Textiles Private Limited is U17291MH2012PTC232886 and the company number is 232886 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nova Textiles Private Limited is https://www.chiripalgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nova Textiles Private Limited has fallen by -6.35%.

  • As Per 2023 financial reports, 175 employees are currently employed by Nova Textiles Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nova Textiles Private Limited has experienced an downturn of -0.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nova Textiles Private Limited amount to ₹ 58.60 Cr.

  • The most recent Balance Sheet for Nova Textiles Private Limited was filed with the ROC on 31 Mar 2024.

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