Novak Wires Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.25 Cr
- Company Age 7 Year, 30 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.35 Cr
- Revenue Growth 58.57%
- Profit Growth -57.03%
- Ebitda -19.04%
- Net Worth 4.44%
- Total Assets 1.76%
About Novak Wires
Novak Wires Private Limited (NWPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 March 2018 (Seven years 30 days old ). Its registered office is in Bangaluru, Karnataka, India.
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 5.00 Cr and a paid-up capital of Rs 3.25 Cr.
The company currently has active open charges totaling ₹9.35 Cr.
Dilip Deshmukh, Hitesh Agrawal, and Rajesh Agarwal serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27205KA2018PTC111758
- Company No.
111758
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Mar 2018
- Date of AGM
29 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
Novak Wires Private Limited
Explore comprehensive data for Novak Wires Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Novak Wires?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hitesh Agrawal  | Director | 01-Jun-2020 | Current |
| Dilip Deshmukh | Director | 28-Mar-2018 | Current |
| Rajesh Agarwal | Director | 28-Mar-2018 | Current |
Financial Performance of Novak Wires.
Novak Wires Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.57% increase. The company also saw a substantial fall in profitability, with a 57.03% decrease in profit. The company's net worth moved up by a moderate rise of 4.44%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Novak Wires?
In 2023, Novak Wires had a promoter holding of 68.00% and a public holding of 32.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Deshmukh Machineries Private Limited
Dilip Deshmukh is a mutual person
Charges (Loans)
Open Charges
₹9.35 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Others : 9.25 Cr
- Axis Bank Limited : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2024 | Others | ₹2.00 Cr | Open |
| 30 Jul 2021 | Axis Bank Limited | ₹1.00 M | Open |
| 31 May 2021 | Others | ₹2.50 Cr | Open |
| 30 Sep 2019 | Others | ₹4.75 Cr | Open |
How Many Employees Work at Novak Wires?
Novak Wires has a workforce of 21 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Novak Wires, 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 Novak Wires'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 Novak Wires
Recent activity within the organization
- Annual General Meeting
Novak Wires Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
- Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100915316 was registered on 25 Apr 2024.
- Balance Sheet
Novak Wires Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Others of Rs. 2.50 Cr registered on 31 May 2021 with Charge ID 100448066 was modified on 06 Dec 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100472572 was registered on 30 Jul 2021.
- Charges
A charge with Others amounted to Rs. 2.50 Cr with Charge ID 100448066 was registered on 31 May 2021.
Frequently asked questions
What is the Incorporation or founding date of Novak Wires Private Limited?
Novak Wires Private Limited was incorporated on 28 Mar 2018.
What is authorized share capital and paid-up capital of Novak Wires Private Limited?
The authorized share capital of Novak Wires Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.25 Cr.
Who are the current board members & directors of Novak Wires Private Limited?
Currently 3 directors are associated with Novak Wires Private Limited.
- Dilip Deshmukh
- Hitesh Agrawal
- Rajesh Kumar Agarwal
What is the registered address of Novak Wires Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Novak Wires Private Limited is No. M/2 1St Stage 5Th Cross Peenya Industrial Area, India, Bangalore, Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Novak Wires Private Limited?
The corporate identification number (CIN) of Novak Wires Private Limited is U27205KA2018PTC111758 and the company number is 111758 as per Ministry of Corporate Affairs (MCA).
What is the official website of Novak Wires Private Limited?
The Official website of Novak Wires Private Limited is https://www.novakwires.com
What has been the recent revenue trend for Novak Wires Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Novak Wires Private Limited has risen by 58.57%.
How many employees does Novak Wires Private Limited currently have?
As Per 2023 financial reports, 21 employees are currently employed by Novak Wires Private Limited.
What change has been observed in the net worth of Novak Wires Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Novak Wires Private Limited has experienced an upsurge of 4.44%.
What are the total open charges for Novak Wires Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Novak Wires Private Limited amount to ₹ 9.35 Cr.
When was the last Balance Sheet of Novak Wires Private Limited filed with the ROC?
The most recent Balance Sheet for Novak Wires Private Limited was filed with the ROC on 31 Mar 2024.
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