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Noval Paints (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 23-10-2024
- Paid Up Capital ₹ 0.51 M
as on 23-10-2024
- Company Age 25 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 118.68 Cr
as on 23-10-2024
- Satisfied Charges ₹ 43.34 Cr
as on 23-10-2024
- Revenue 6.92%
(FY 2023)
- Profit 11.31%
(FY 2023)
- Ebitda 5.52%
(FY 2023)
- Net Worth 6.53%
(FY 2023)
- Total Assets -2.89%
(FY 2023)
About Noval Paints (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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.51 M.
The company currently has active open charges totaling ₹118.68 Cr. The company has closed loans amounting to ₹43.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
Binny Gupta, Dev Gupta, and Usha Gupta serve as directors at the Company.
- CIN/LLPIN
U24220MH1999PLC119709
- Company No.
119709
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 May 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Noval Paints (India) Limited offer?
Noval Paints (India) Limited offers a wide range of products and services, including Wall Putty, Cement Wall Putty, Paints, Wall Putty & Varnishes, Exterior Paint, Interior Paint, Acrylic Paints, Paints, Emulsion Paints, Primer, Waterproofing Primer.
Who are the key members and board of directors at Noval Paints (India)?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Binny Gupta  | Director | 16-Jun-2003 | Current |
| Dev Gupta | Director | 04-May-1999 | Current |
| Usha Gupta | Director | 03-Jan-2015 | Current |
Financial Performance of Noval Paints (India).
Noval Paints (India) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.92% increase. The company also saw a substantial improvement in profitability, with a 11.31% increase in profit. The company's net worth moved up by a moderate rise of 6.53%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Noval Paints (India)?
In 2023, Noval Paints (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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 01 Aug 2024 | ₹25.00 Cr | Open |
State Bank Of India Creation Date: 28 Jan 2022 | ₹93.68 Cr | Open |
Relationship Manager Creation Date: 20 Feb 2009 | ₹24.80 Cr | Satisfied |
How Many Employees Work at Noval Paints (India)?
Noval Paints (India) has a workforce of 6 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 Noval Paints (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 Noval Paints (India)'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.
