Novel Patent Services Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
as on 29-12-2024
- Paid Up Capital ₹ 0.50 M
as on 29-12-2024
- Company Age 14 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.76 M
as on 29-12-2024
- Satisfied Charges ₹ 1.00 M
as on 29-12-2024
- Revenue 37.28%
(FY 2022)
- Profit 15.89%
(FY 2022)
- Ebitda -356.68%
(FY 2022)
- Net Worth 7.46%
(FY 2022)
- Total Assets 9.29%
(FY 2022)
About Novel Patent Services
The Company is engaged in the Travel And Hospitality 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 0.50 M and a paid-up capital of Rs 0.50 M.
The company currently has active open charges totaling ₹6.76 M. The company has closed loans amounting to ₹1.00 M, as per Ministry of Corporate Affairs (MCA) records.
Murali Pattabhi and Himabindu Atti serve as directors at the Company.
- CIN/LLPIN
U93000AP2010PTC066899
- Company No.
066899
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Feb 2010
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Novel Patent Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Himabindu Atti  | Managing Director | 04-Feb-2010 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Murali Pattabhi | Director | 04-Feb-2010 | Current |
Financial Performance of Novel Patent Services.
Novel Patent Services Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.28% increase. The company also saw a substantial improvement in profitability, with a 15.89% increase in profit. The company's net worth moved up by a moderate rise of 7.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Novel Patent Services?
In 2019, Novel Patent Services 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 Intellectual Property Rights Educational ForumActive 6 years 2 monthsMurali Pattabhi and Himabindu Atti are mutual person
Novel Innovation Design Studio LlpActive 3 years 8 monthsMurali Pattabhi and Himabindu Atti are mutual person
Charges (Loans)
₹6.76 M
₹1.00 M
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 0.68 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Feb 2017 | Indian Overseas Bank | ₹1.30 M | Open |
| 08 Jun 2012 | Indian Overseas Bank | ₹5.46 M | Open |
| 28 Jun 2010 | Andhra Bank | ₹1.00 M | Satisfied |
How Many Employees Work at Novel Patent Services?
Novel Patent Services has a workforce of 28 employees as of Apr 04, 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 Patent Services, 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 Patent Services'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.