Novatech Projects (I) Private Limited

Provides EPC services and manufactures process equipment for various industries since 1984.

1984 | Thane, Maharashtra (India) | Under Insolvency
Last Updated: January 18, 2025

Novatech Projects (I) Profile

Key Indicators

  • Authorised Capital ₹ 11.00 Cr
  • Paid Up Capital ₹ 10.00 Cr
  • Company Age 40 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 209.40 Cr
  • Satisfied Charges ₹ 27.80 Cr
  • Revenue Growth 30.78%
  • Profit Growth 207.81%
  • Ebitda 10.88%
  • Net Worth 20.01%
  • Total Assets 11.14%

About Novatech Projects (I)

Novatech Projects (I) Private Limited (NPIPL) is Under Cirp company established on 21 Aug 1984 with its office registered at Thane, Maharashtra, India and has been running since 40 Year, 5 Months with a paid up capital of 10.00 Cr. According to MCA records, 2 Directors are linked to this company as of 18 Jan 2025.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28100MH1984PTC033793

  • Company No.

    033793

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Aug 1984

  • Date of AGM

    29 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Novatech Projects (I) Private Limited offer?

Novatech Projects (I) Private Limited offers a wide range of products and services, including Industrial Mixers & Homogenizers, Industrial Mixers, Chemical Mixer, Heater & Heating Components, Industrial Heaters, Heat Exchangers, Shell and Tube Heat Exchanger, Fabrication Works, Structural Fabrication, Agitator.

Who are the key members and board of directors at Novatech Projects (I)?

Board Members (2)

Name Designation Appointment Date Status
Sukumar Ghosh Country flag representing In Director 21-Aug-1984 Current
Soumadeep Ghosh Country flag representing In Director 01-Dec-2009 Current

Financial Performance of Novatech Projects (I).

Novatech Projects (I) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 30.78% increase. The company also saw a substantial improvement in profitability, with a 207.81% increase in profit. The company's net worth Soared by an impressive increase of 20.01%.

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
30.78%
Revenue from Operations
30.24%
Total Assets
11.14%
Profit or Loss
207.81%
Net Worth
20.01%
EBITDA
10.88%

What is the Ownership and Shareholding Structure of Novatech Projects (I)?

In 2022, Novatech Projects (I) 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

₹209.40 Cr

Satisfied Charges

₹27.80 Cr

Charges Breakdown by Lending Institutions

  • Others : 188.90 Cr
  • Axis Bank Limited : 12.50 Cr
  • The Shamrao Vithal Co-Op. Bank Ltd. (Lead Bankers) : 3.00 Cr
  • Standard Chartered Bank : 2.00 Cr
  • Tata Capital Financial Services Limited : 2.00 Cr
  • Others : 1.00 Cr

Latest Charge Details

Date Lender Amount Status
28 Mar 2022 Others ₹3.80 M Open
13 Nov 2020 Others ₹3.99 Cr Open
12 Feb 2020 Others ₹2.00 Cr Open
25 Jan 2019 Others ₹1.00 Cr Open
21 Dec 2018 Axis Bank Limited ₹12.50 Cr Open

How Many Employees Work at Novatech Projects (I)?

Novatech Projects (I) has a workforce of 62 employees as of Apr 01, 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 Novatech Projects (I), 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 Novatech Projects (I)'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 Novatech Projects (I)

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 2.00 Cr registered on 30 Oct 2017 with Charge ID 100131176 was modified on 11 Aug 2023.

    11 Aug 2023

  • Charges

    A charge with Others of Rs. 86.46 Cr registered on 16 Mar 2012 with Charge ID 10343609 was modified on 28 Apr 2023.

    28 Apr 2023

  • Charges

    A charge with Others of Rs. 87.02 Cr registered on 09 Apr 2011 with Charge ID 10285105 was modified on 28 Apr 2023.

    28 Apr 2023

  • Annual General Meeting

    Novatech Projects (I) Private Limited last Annual general meeting of members was held on 29 Sep 2022 as per latest MCA records.

    29 Sep 2022

  • Balance Sheet

    Novatech Projects (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 0.38 Cr with Charge ID 100567643 was registered on 28 Mar 2022.

    28 Mar 2022

Frequently asked questions

  • Novatech Projects (I) Private Limited was incorporated on 21 Aug 1984.

  • The authorized share capital of Novatech Projects (I) Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 10.00 Cr.

  • Currently 2 directors are associated with Novatech Projects (I) Private Limited.

    • Sukumar Kalipada Ghosh
    • Soumadeep Sukumar Ghosh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novatech Projects (I) Private Limited is 601 Balaji Infotech Plot No. 278/A Road 16/A Wagle Industrial Estate, India, Thane, Maharashtra, 400604.

  • The corporate identification number (CIN) of Novatech Projects (I) Private Limited is U28100MH1984PTC033793 and the company number is 033793 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novatech Projects (I) Private Limited is https://www.novatechprojects.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Novatech Projects (I) Private Limited has risen by 30.78%.

  • As Per 2022 financial reports, 62 employees are currently employed by Novatech Projects (I) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Novatech Projects (I) Private Limited has experienced an upsurge of 20.01%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Novatech Projects (I) Private Limited amount to ₹ 209.40 Cr.

  • The most recent Balance Sheet for Novatech Projects (I) Private Limited was filed with the ROC on 31 Mar 2022.

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