Novel Appliances Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 24 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.30 Cr
- Revenue Growth 25.60%
- Profit Growth -31.67%
- Ebitda 72.63%
- Net Worth -30.55%
- Total Assets -15.91%
About Novel Appliances
Novel Appliances Private Limited (NAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 2000 and has a history of 24 years and six months. Its registered office is in Pune, Maharashtra, India.
The Company is engaged in the Consumer Electronics & Durables 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 5.00 M and a paid-up capital of Rs 5.00 M.
The company currently has active open charges totaling ₹6.30 Cr.
Nilesh Shah, Parimal Parmar, Dilip Parmar, and Two other members serve as directors at the Company.
Company Details
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Location
Pune, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U51909PN2000PTC015192
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Company No.
015192
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Aug 2000
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Novel Appliances?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nilesh Shah
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Whole-Time Director | 07-Aug-2000 | Current |
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Parimal Parmar
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Whole-Time Director | 07-Aug-2000 | Current |
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Dilip Parmar
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Whole-Time Director | 07-Aug-2000 | Current |
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Bharat Parmar
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Whole-Time Director | 07-Aug-2000 | Current |
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Dharam Parmar
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Whole-Time Director | 01-Apr-2011 | Current |
Financial Performance of Novel Appliances.
Novel Appliances Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.6% increase. The company also saw a substantial fall in profitability, with a 31.67% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.55%.
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What is the Ownership and Shareholding Structure of Novel Appliances?
In 2023, Novel Appliances had a promoter holding of 90.00% and a public holding of 10.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Novel Sewing Machine Company LlpDilip Parmar, Bharat Parmar and 1 more are mutual person
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Novel Sewing Machine Pune Private Limited
Dilip Parmar is a mutual person
Charges (Loans)
₹63.00 M
₹0
Charges Breakdown by Lending Institutions
- State Bank Of India : 4.75 Cr
- Bank Of Maharashtra : 1.11 Cr
- The Sangli Bank Ltd. : 0.30 Cr
- Others : 0.14 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2021 | Others | ₹1.40 M | Open |
| 19 Dec 2015 | State Bank Of India | ₹4.75 Cr | Open |
| 08 Jan 2007 | Bank Of Maharashtra | ₹1.10 M | Open |
| 01 Jan 2004 | Bank Of Maharashtra | ₹1.00 Cr | Open |
| 12 Jul 2001 | The Sangli Bank Ltd. | ₹3.00 M | Open |
How Many Employees Work at Novel Appliances?
Novel Appliances has a workforce of 26 employees as of Apr 09, 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 Novel Appliances, 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 Novel Appliances'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.