_LIMITED.webp)
Noval Paints (India) Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
- Paid Up Capital ₹ 0.51 M
- Company Age 25 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 118.68 Cr
- Satisfied Charges ₹ 43.34 Cr
- Revenue Growth 6.92%
- Profit Growth 11.31%
- Ebitda 5.52%
- Net Worth 6.53%
- Total Assets -2.89%
About Noval Paints (India)
Noval Paints (India) Limited (NPIL) is a Public Limited Indian Non-Government Company incorporated in India on 04 May 1999 and has a history of 25 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Manufacturing
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.
Noval Paints (India) Limited
Explore comprehensive data for Noval Paints (India) Limited, including financials, compliance details, shareholding patterns, and litigation history.
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
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
Adg Global Private LimitedBinny Gupta and Dev Gupta are mutual person
- Renny Strips Private Limited
Binny Gupta is a mutual person
- Renny Alloys Private Limited
Binny Gupta and Dev Gupta are mutual person
- Renny Steel Castings Pvt Ltd
Dev Gupta and Usha Gupta are mutual person
Charges (Loans)
Open Charges
₹1,186.80 M
Satisfied Charges
₹433.40 M
Charges Breakdown by Lending Institutions
- State Bank Of India : 93.68 Cr
- Axis Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2024 | Axis Bank Limited | ₹25.00 Cr | Open |
| 28 Jan 2022 | State Bank Of India | ₹93.68 Cr | Open |
| 20 Feb 2009 | Relationship Manager | ₹24.80 Cr | Satisfied |
| 20 Oct 2007 | State Bank Of India | ₹18.53 Cr | Satisfied |
| 05 Feb 2005 | State Bank Of India | ₹0.10 M | 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.
Latest Updates, News, and FAQs on Noval Paints (India)
Recent activity within the organization
- Charges
A charge with Axis Bank Limited amounted to Rs. 250.00 M with Charge ID 100965705 was registered on 01 Aug 2024.
- Charges
A charge with State Bank Of India of Rs. 936.80 M registered on 28 Jan 2022 with Charge ID 100548008 was modified on 17 Jan 2024.
- Annual General Meeting
Noval Paints (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Noval Paints (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with State Bank Of India amounted to Rs. 936.80 M with Charge ID 100548008 was registered on 28 Jan 2022.
- Charges
A charge registered on 05 Feb 2005 via Charge ID 90371856 with State Bank Of India was fully satisfied on 30 May 2020.
Frequently asked questions
What is the Incorporation or founding date of Noval Paints (India) Limited?
Noval Paints (India) Limited was incorporated on 04 May 1999.
What is authorized share capital and paid-up capital of Noval Paints (India) Limited?
The authorized share capital of Noval Paints (India) Limited is ₹ 2.00 M and paid-up capital is ₹ 0.51 M.
Who are the current board members & directors of Noval Paints (India) Limited?
Currently 3 directors are associated with Noval Paints (India) Limited.
- Binny Gupta
- Dev Raj Gupta
- Usha Gupta
What is the registered address of Noval Paints (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Noval Paints (India) Limited is Duru House 2Nd/3Rd/4Th Floors Juhu Tara Road Next To Jw Marriot, India, Mumbai, Maharashtra, 400049.
What is the corporate identification number (CIN) and company number of Noval Paints (India) Limited?
The corporate identification number (CIN) of Noval Paints (India) Limited is U24220MH1999PLC119709 and the company number is 119709 as per Ministry of Corporate Affairs (MCA).
What is the official website of Noval Paints (India) Limited?
The Official website of Noval Paints (India) Limited is https://www.novalpaints.com
What has been the recent revenue trend for Noval Paints (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Noval Paints (India) Limited has risen by 6.92%.
How many employees does Noval Paints (India) Limited currently have?
As Per 2023 financial reports, 6 employees are currently employed by Noval Paints (India) Limited.
What change has been observed in the net worth of Noval Paints (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Noval Paints (India) Limited has experienced an upsurge of 6.53%.
What are the total open charges for Noval Paints (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Noval Paints (India) Limited amount to ₹ 118.68 Cr.
When was the last Balance Sheet of Noval Paints (India) Limited filed with the ROC?
The most recent Balance Sheet for Noval Paints (India) Limited was filed with the ROC on 31 Mar 2023.
Unlock Business Insights – Explore Instantly!
Search company & director profiles for free and gain access to critical business data.
- 3.1M+ Companies
- 15M+ Legal Cases
- 525K+ Credit Ratings
- 5.8M+ Directors & KMP
- 750K+ Regulatory Alerts
- 1.1M+ Companies' Financial Records
People also Viewed
CG
Chetna GuptaDirector
Similar Companies Based on Paint & Coatings
Nippon Paint (India) Private Limited Kanchipuram, Tamil Nadu, India
Berger Paints India Limited Kolkata, West Bengal, India
Grauer And Weil (India) Limited Mumbai, Maharashtra, India
Kansai Nerolac Paints Limited Mumbai, Maharashtra, India
Simpson And Company Limited Chennai, Tamil Nadu, India
Indigo Paints Limited Pune, Maharashtra, India
Asian Paints Ppg Private Limited Mumbai, Maharashtra, India
Asian Paints Limited Mumbai, Maharashtra, India