Novanext Energies Private Limited

Develops and operates renewable energy power plants through government contracts.

2021 | Jamnagar, Gujarat (India) | Active
Last Updated: December 12, 2024

Novanext Energies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 41.50 Cr
  • Revenue Growth -100.00%
  • Profit Growth 100.00%
  • Ebitda
  • Net Worth 369.77%
  • Total Assets 524.85%

About Novanext Energies

Novanext Energies Private Limited (NEPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 November 2021 (Three years and two months 15 days old ). Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Energy And Power 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 0.10 M.

The company currently has active open charges totaling ₹41.50 Cr.

Shabbir Makati, Habib Piparmentwala, Shabbir Modi, and Two other members serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40100GJ2021PTC127334

  • Company No.

    127334

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Nov 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Energy and Power

Who are the key members and board of directors at Novanext Energies?

Board Members (5)

NameDesignationAppointment DateStatus
Shabbir Makati Country flag representing In Director 16-Nov-2021Current
Habib Piparmentwala Country flag representing In Director 16-Nov-2021Current
Shabbir Modi Country flag representing In Director 20-Mar-2024Current
Murtuza Pipermentwala Country flag representing In Director 20-Mar-2024Current
Mustufa Lokhandwala Country flag representing In Director 20-Mar-2024Current

Financial Performance of Novanext Energies.

Novanext Energies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 100% decrease. The company also saw a substantial improvement in profitability, with a 100% increase in profit. The company's net worth Soared by an impressive increase of 369.77%.

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
-100.00%
Revenue from Operations
Total Assets
524.85%
Profit or Loss
100.00%
Net Worth
369.77%
EBITDA

What is the Ownership and Shareholding Structure of Novanext Energies?

In 2023, Novanext Energies had a public holding of 47.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹415.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.50 Cr

Latest Charge Details

DateLenderAmountStatus
07 Jun 2022Hdfc Bank Limited₹41.50 CrOpen

How Many Employees Work at Novanext Energies?

Novanext Energies has a workforce of 0 employees as of Apr 03, 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 Novanext Energies, 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 Novanext Energies'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 Novanext Energies

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Novanext Energies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Shabbir Saifuddin Modi was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 10 months 11 days .

    20 Mar 2024

  • Director Appointment

    Murtuza Alihusein Pipermentwala was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 10 months 11 days .

    20 Mar 2024

  • Director Appointment

    Mustufa Abbasbhai Lokhandwala was appointed as a Director was appointed as a Director on 20 Mar 2024 & has been associated with this company since 10 months 11 days .

    20 Mar 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 415.00 M registered on 07 Jun 2022 with Charge ID 100587204 was modified on 08 Oct 2023.

    08 Oct 2023

Frequently asked questions

  • Novanext Energies Private Limited was incorporated on 16 Nov 2021.

  • The authorized share capital of Novanext Energies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 5 directors are associated with Novanext Energies Private Limited.

    • Shabbir Saifuddin Makati
    • Habib Saifuddin Piparmentwala
    • Shabbir Saifuddin Modi
    • Murtuza Alihusein Pipermentwala
    • Mustufa Abbasbhai Lokhandwala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novanext Energies Private Limited is Shed No C2/334 Gidc Shanker Tekri, Udhyognagar India, Jamnagar, Gujarat, 361004.

  • The corporate identification number (CIN) of Novanext Energies Private Limited is U40100GJ2021PTC127334 and the company number is 127334 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Novanext Energies Private Limited has fallen by -100.00%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Novanext Energies Private Limited has experienced an upsurge of 369.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Novanext Energies Private Limited amount to ₹ 41.50 Cr.

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