Novel Logitech Corporation Private Limited

Provides diverse merchandise, industrial and chemical goods, logistics services and tailored solutions.

2017 | Krishna, Andhra Pradesh (India) | Active
Last Updated: November 16, 2024

Novel Logitech Corporation Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 7 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.80 Cr
  • Revenue Growth 12.11%
  • Profit Growth 16.15%
  • Ebitda 10.20%
  • Net Worth 34.43%
  • Total Assets 12.09%

About Novel Logitech Corporation

Novel Logitech Corporation Private Limited (NLCPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 May 2017 (Seven years and nine months 8 days old ). Its registered office is in Krishna, Andhra Pradesh, India.

The Company is engaged in the Business Outsourcing 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 5.00 M and a paid-up capital of Rs 1.60 M.

The company currently has active open charges totaling ₹3.80 Cr.

Nageswara Gudapati and Chakradhr Gadde serve as directors at the Company.

Company Details

  • Location

    Krishna, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novellogitech.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U63030AP2017PTC105837

  • Company No.

    105837

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 May 2017

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Vijayawada

Industry

Business Outsourcing

Who are the key members and board of directors at Novel Logitech Corporation?

Board Members (2)

NameDesignationAppointment DateStatus
Nageswara Gudapati Country flag representing In Director 16-May-2017Current
Chakradhr Gadde Country flag representing Us Director 16-May-2017Current

Financial Performance of Novel Logitech Corporation.

Novel Logitech Corporation Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.11% increase. The company also saw a substantial improvement in profitability, with a 16.15% increase in profit. The company's net worth Soared by an impressive increase of 34.43%.

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
12.11%
Revenue from Operations
11.17%
Total Assets
12.09%
Profit or Loss
16.15%
Net Worth
34.43%
EBITDA
10.20%

What is the Ownership and Shareholding Structure of Novel Logitech Corporation?

In 2023, Novel Logitech Corporation 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

₹38.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 3.00 Cr
  • Axis Bank Limited : 0.80 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jan 2024Axis Bank Limited₹8.00 MOpen
24 Feb 2020Hdfc Bank Limited₹3.00 CrOpen

How Many Employees Work at Novel Logitech Corporation?

Novel Logitech Corporation has a workforce of 122 employees as of Apr 05, 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 Novel Logitech Corporation, 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 Logitech Corporation'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 Novel Logitech Corporation

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited of Rs. 30.00 M registered on 24 Feb 2020 with Charge ID 100331331 was modified on 17 May 2024.

    17 May 2024

  • Balance Sheet

    Novel Logitech Corporation Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 8.00 M with Charge ID 100898438 was registered on 29 Jan 2024.

    29 Jan 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 M with Charge ID 100331331 was registered on 24 Feb 2020.

    24 Feb 2020

  • Director Appointment

    Nageswara Rao Gudapati was appointed as a Director was appointed as a Director on 16 May 2017 & has been associated with this company since 7 years 9 months .

    16 May 2017

Frequently asked questions

  • Novel Logitech Corporation Private Limited was incorporated on 16 May 2017.

  • The authorized share capital of Novel Logitech Corporation Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.60 M.

  • Currently 2 directors are associated with Novel Logitech Corporation Private Limited.

    • Nageswara Rao Gudapati
    • Chakradhr Gadde
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novel Logitech Corporation Private Limited is D.No.64-9-7 First Floor R K Street Patamatalanka, Patamata India, Vijayawada, Andhra Pradesh, 520010.

  • The corporate identification number (CIN) of Novel Logitech Corporation Private Limited is U63030AP2017PTC105837 and the company number is 105837 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novel Logitech Corporation Private Limited is https://www.novellogitech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Novel Logitech Corporation Private Limited has risen by 12.11%.

  • As Per 2023 financial reports, 122 employees are currently employed by Novel Logitech Corporation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Novel Logitech Corporation Private Limited has experienced an upsurge of 34.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Novel Logitech Corporation Private Limited amount to ₹ 3.80 Cr.

  • The most recent Balance Sheet for Novel Logitech Corporation Private Limited was filed with the ROC on 31 Mar 2024.