Nova Weatherworks Acr (India) Private Limited

Sells and services air conditioners, part of Nova Group, founded in 2005.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated: December 05, 2024

Nova Weatherworks Acr (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 19 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.00 Cr
  • Satisfied Charges ₹ 6.00 M
  • Revenue Growth 55.09%
  • Profit Growth -53.10%
  • Ebitda -47.81%
  • Net Worth 22.07%
  • Total Assets 9.94%

About Nova Weatherworks Acr (India)

Nova Weatherworks Acr (India) Private Limited (NWAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 2005 and has a history of 19 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Electronics & Durables 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 1.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹1.00 Cr. The company has closed loans amounting to ₹6.00 M, as per Ministry of Corporate Affairs (MCA) records.

Shilpa Panicker, Radhakishin Gurnaney, Ajit Panicker, and One other member serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novainitiative.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52334MH2005PTC157475

  • Company No.

    157475

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2005

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Electronics & Durables

What products or services does Nova Weatherworks Acr (India) Private Limited offer?

Nova Weatherworks Acr (India) Private Limited offers a wide range of products and services, including Inverter Air Conditioners, Split Inverter Air Conditioner.

Who are the key members and board of directors at Nova Weatherworks Acr (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Ajit Panicker Country flag representing In Director 24-Feb-2023Current
Shilpa Panicker Country flag representing In Director 18-Sep-2021Current
Radhakishin Gurnaney Country flag representing In Director 22-Nov-2005Current
Deepak Lalwani Country flag representing In Director 24-Feb-2023Current

Financial Performance of Nova Weatherworks Acr (India).

Nova Weatherworks Acr (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 55.09% increase. The company also saw a substantial fall in profitability, with a 53.1% decrease in profit. The company's net worth Soared by an impressive increase of 22.07%.

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
55.09%
Revenue from Operations
54.87%
Total Assets
9.94%
Profit or Loss
-53.10%
Net Worth
22.07%
EBITDA
-47.81%

What is the Ownership and Shareholding Structure of Nova Weatherworks Acr (India)?

In 2021, Nova Weatherworks Acr (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 M

Satisfied Charges

₹6.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
12 Apr 2021State Bank Of India₹1.00 CrOpen
16 Mar 2006State Bank Of India₹6.00 MSatisfied

How Many Employees Work at Nova Weatherworks Acr (India)?

Nova Weatherworks Acr (India) has a workforce of 98 employees as of Apr 04, 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 Weatherworks Acr (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 Nova Weatherworks Acr (India)'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 Weatherworks Acr (India)

Recent activity within the organization

  • Annual General Meeting

    Nova Weatherworks Acr (India) Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Nova Weatherworks Acr (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 16 Mar 2006 via Charge ID 90387813 with State Bank Of India was fully satisfied on 18 Mar 2023.

    18 Mar 2023

  • Director Appointment

    Ajit Shanker Panicker was appointed as a Director was appointed as a Director on 24 Feb 2023 & has been associated with this company since 1 year 11 months .

    24 Feb 2023

  • Director Appointment

    Deepak Lalwani was appointed as a Director was appointed as a Director on 24 Feb 2023 & has been associated with this company since 1 year 11 months .

    24 Feb 2023

  • Director Appointment

    Shilpa Gurnaney Panicker was appointed as a Director was appointed as a Director on 18 Sep 2021 & has been associated with this company since 3 years 5 months .

    18 Sep 2021

Frequently asked questions

  • Nova Weatherworks Acr (India) Private Limited was incorporated on 22 Nov 2005.

  • The authorized share capital of Nova Weatherworks Acr (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 4 directors are associated with Nova Weatherworks Acr (India) Private Limited.

    • Shilpa Gurnaney Panicker
    • Radhakishin Tirathdas Gurnaney
    • Ajit Shanker Panicker
    • Deepak Lalwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nova Weatherworks Acr (India) Private Limited is Unit No 11 12 399Udyog Mandir Bhagoji Keer Marg Mahim India, Mumbai, Maharashtra, 400016.

  • The corporate identification number (CIN) of Nova Weatherworks Acr (India) Private Limited is U52334MH2005PTC157475 and the company number is 157475 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nova Weatherworks Acr (India) Private Limited is https://www.novainitiative.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Nova Weatherworks Acr (India) Private Limited has risen by 55.09%.

  • As Per 2022 financial reports, 98 employees are currently employed by Nova Weatherworks Acr (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Nova Weatherworks Acr (India) Private Limited has experienced an upsurge of 22.07%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Nova Weatherworks Acr (India) Private Limited amount to ₹ 1.00 Cr.

  • The most recent Balance Sheet for Nova Weatherworks Acr (India) Private Limited was filed with the ROC on 31 Mar 2024.

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