Novel Spent Acid Management

Provides water treatment and purification services, manufactures dyes and chemicals using sulphuric acid.

2007 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 23, 2024

Novel Spent Acid Management Profile

Key Indicators

  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 5.66 Cr
  • Revenue Growth 50.28%
  • Profit Growth -62.24%
  • Ebitda -15.95%
  • Net Worth 11.97%
  • Total Assets 20.14%

About Novel Spent Acid Management

Novel Spent Acid Management (NSAM) is a leading Public Not For Profit Company incorporated in India on 02 March 2007 and has a history of 17 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Environment 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 0.00 and a paid-up capital of Rs 0.00.

The company has closed loans amounting to ₹5.66 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sureshbhai Patel, Anandbhai Patel, Satish Agrawal, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    novelwaste.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U93090GJ2007NPL050142

  • Company No.

    050142

  • Company Classification

    Public Not For Profit Company

  • Incorporation Date

    02 Mar 2007

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Environment

Who are the key members and board of directors at Novel Spent Acid Management?

Executive Team (1)

NameDesignationAppointment DateStatus
Dineshkumar Shah Country flag representing In Managing Director02-Mar-2007Current

Board Members (9)

NameDesignationAppointment DateStatus
Deepak Davda Country flag representing In Whole-Time Director 12-Mar-2021Current
Sureshbhai Patel Country flag representing In Director 02-Mar-2007Current
Anandbhai Patel Country flag representing In Director 02-Mar-2007Current
Satish Agrawal Country flag representing In Director 09-May-2007Current
Mayurkumar Patel Country flag representing In Director 12-Mar-2021Current
Bhupendra Patel Country flag representing In Director 02-Mar-2007Current

Financial Performance of Novel Spent Acid Management.

Novel Spent Acid Management, for the financial year ended 2022, experienced significant growth in revenue, with a 50.28% increase. The company also saw a substantial fall in profitability, with a 62.24% decrease in profit. The company's net worth Soared by an impressive increase of 11.97%.

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
50.28%
Revenue from Operations
50.50%
Total Assets
20.14%
Profit or Loss
-62.24%
Net Worth
11.97%
EBITDA
-15.95%

What is the Ownership and Shareholding Structure of Novel Spent Acid Management?

Unlock access to Novel Spent Acid Management's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹56,630,000.00

Charges Breakdown by Lending Institutions

  • Kalupur Commercial Co-Operative Bank Limited : 3.51 Cr
  • Kalupur Commercial Co-Operative Bank Ltd : 2.15 Cr

Latest Charge Details

DateLenderAmountStatus
10 Mar 2015Kalupur Commercial Co-Operative Bank Ltd₹2.15 CrSatisfied
10 Sep 2009Kalupur Commercial Co-Operative Bank Limited₹3.51 CrSatisfied

How Many Employees Work at Novel Spent Acid Management?

Novel Spent Acid Management has a workforce of 28 employees as of Mar 31, 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 Spent Acid Management, 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 Spent Acid Management'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 Spent Acid Management

Recent activity within the organization

  • Annual General Meeting

    Novel Spent Acid Management last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

    16 Sep 2024

  • Balance Sheet

    Novel Spent Acid Management has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Director Appointment

    Mayurkumar Babubhai Patel was appointed as a Director was appointed as a Director on 12 Mar 2021 & has been associated with this company since 3 years 11 months .

    12 Mar 2021

  • Director Appointment

    Deepak Hakubhai Davda was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Mar 2021 & has been associated with this company since 3 years 11 months .

    12 Mar 2021

  • Charges

    A charge registered on 10 Mar 2015 via Charge ID 10559481 with Kalupur Commercial Co-Operative Bank Ltd was fully satisfied on 16 Jul 2018.

    16 Jul 2018

  • Charges

    A charge registered on 10 Sep 2009 via Charge ID 10176569 with Kalupur Commercial Co-Operative Bank Limited was fully satisfied on 06 Apr 2015.

    06 Apr 2015

Frequently asked questions

  • Novel Spent Acid Management was incorporated on 02 Mar 2007.

  • The authorized share capital of Novel Spent Acid Management is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 10 directors are associated with Novel Spent Acid Management.

    • Sureshbhai Jayantibhai Patel
    • Anandbhai Ishwarbhai Patel
    • Satish Kashiram Agrawal
    • Mayurkumar Babubhai Patel
    • Bhupendra Chaturbhai Patel
    • Dineshkumar Sevantilal Shah
    • Dipakbhai Kanubhai Patel
    • Deepak Hakubhai Davda
    • Kiritkumar Hargovanbhai Patel
    • Greeven Jayendrabhai Kharawala
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novel Spent Acid Management is Plot No. 8001-8044 Phase Ii Vatva Gidc, India, Ahmedabad, Gujarat, 382445.

  • The corporate identification number (CIN) of Novel Spent Acid Management is U93090GJ2007NPL050142 and the company number is 050142 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novel Spent Acid Management is https://www.novelwaste.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Novel Spent Acid Management has risen by 50.28%.

  • As Per 2022 financial reports, 28 employees are currently employed by Novel Spent Acid Management.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Novel Spent Acid Management has experienced an upsurge of 11.97%.

  • The most recent Balance Sheet for Novel Spent Acid Management was filed with the ROC on 31 Mar 2024.

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