Novel Properties Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 18 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 244.00 Cr
- Satisfied Charges ₹ 369.00 Cr
- Revenue Growth -83.72%
- Profit Growth -9.27%
- Ebitda -20.54%
- Net Worth -13.22%
- Total Assets -0.63%
About Novel Properties
Novel Properties Private Limited (NPPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 January 2007 and has a history of 18 years. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Real Estate And Construction 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 0.10 M.
The company currently has active open charges totaling ₹244.00 Cr. The company has closed loans amounting to ₹369.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mohan Almal and Ramesh Ranganathan serve as directors at the Company.
Company Details
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Location
Mumbai, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U45200MH2007PTC167179
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Company No.
167179
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Jan 2007
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Date of AGM
28 Aug 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Novel Properties?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohan Almal
|
Director | 07-Nov-2011 | Current |
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Ramesh Ranganathan
|
Director | 09-Nov-2022 | Current |
Financial Performance of Novel Properties.
Novel Properties Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 83.72% decrease. The company also saw a slight decrease in profitability, with a 9.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 13.22%.
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What is the Ownership and Shareholding Structure of Novel Properties?
In 2023, Novel Properties 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)
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Hornbil Trading Company Private LimitedMohan Almal is a mutual person
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Horizonview Properties Private Limited
Mohan Almal is a mutual person
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Sustain Properties Private Limited
Mohan Almal is a mutual person
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Louisiana Investment & Finance Private Limited
Mohan Almal is a mutual person
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Imperial Buildreal Private Limited
Mohan Almal is a mutual person
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Sundew Real Estate Private Limited
Mohan Almal is a mutual person
Charges (Loans)
₹2,440.00 M
₹3,690.00 M
Charges Breakdown by Lending Institutions
- Others : 244.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Oct 2023 | Others | ₹100.00 Cr | Open |
| 16 Feb 2021 | Others | ₹24.00 Cr | Open |
| 27 Jul 2020 | Others | ₹120.00 Cr | Open |
| 22 Sep 2016 | Others | ₹75.00 Cr | Satisfied |
| 20 Apr 2011 | Housing Development Finance Corporation Limited | ₹75.00 Cr | Satisfied |
How Many Employees Work at Novel Properties?
Unlock and access historical data on people associated with Novel Properties, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Novel Properties, 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 Properties'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.
