Novel Financial Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
as on 24-06-2024
- Paid Up Capital ₹ 0.10 M
as on 24-06-2024
- Company Age 12 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Revenue 28.94%
(FY 2020)
- Profit 50.95%
(FY 2020)
- Ebitda 40.77%
(FY 2020)
- Net Worth 87.10%
(FY 2020)
- Total Assets 76.71%
(FY 2020)
About Novel Financial Solutions
The Company is engaged in the Financial Services 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 1.00 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Madhura Bele and Vinay Bele serve as directors at the Company.
- CIN/LLPIN
U93000MH2012PTC237134
- Company No.
237134
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Oct 2012
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Nashik, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Novel Financial Solutions?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Madhura Bele  | Director | 23-Oct-2012 | Current |
| Vinay Bele | Director | 23-Oct-2012 | Current |
Financial Performance of Novel Financial Solutions.
Novel Financial Solutions Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 28.94% increase. The company also saw a substantial improvement in profitability, with a 50.95% increase in profit. The company's net worth Soared by an impressive increase of 87.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Novel Financial Solutions?
In 2019, Novel Financial Solutions 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)
Novel Tech Services Private LimitedInactive For E-Filing 8 months 25 daysMadhura Bele and Vinay Bele are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Novel Financial Solutions?
Novel Financial Solutions has a workforce of 76 employees as of Apr 06, 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 Financial Solutions, 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 Financial Solutions'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.
