Novel Sponge Industries Private Limited

Manufactures and supplies various types of iron and steel products, including castings and industrial machines.

2004 | Kolkata, West Bengal (India) | Active
Last Updated: December 06, 2024

Novel Sponge Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.19 M
  • Company Age 20 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 41.00 Cr
  • Revenue Growth %
  • Profit Growth 135.24%
  • Ebitda 33.83%
  • Net Worth 0.03%
  • Total Assets 0.03%

About Novel Sponge Industries

Novel Sponge Industries Private Limited (NSIPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 May 2004 and has a history of 20 years and eight months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Metals And Minerals 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 1.00 Cr and a paid-up capital of Rs 5.19 M.

The company has closed loans amounting to ₹41.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Praveen Agarwal and Vineet Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109WB2004PTC098591

  • Company No.

    098591

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 May 2004

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Metals and Minerals

Who are the key members and board of directors at Novel Sponge Industries?

Board Members (2)

Name Designation Appointment Date Status
Praveen Agarwal Country flag representing In Director 21-May-2004 Current
Vineet Agarwal Country flag representing In Director 21-May-2004 Current

Financial Performance of Novel Sponge Industries.

Novel Sponge Industries Private Limited, for the financial year ended 2017, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 135.24% increase in profit. The company's net worth moved up by a moderate rise of 0.03%.

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
Revenue from Operations
Total Assets
0.03%
Profit or Loss
135.24%
Net Worth
0.03%
EBITDA
33.83%

What is the Ownership and Shareholding Structure of Novel Sponge Industries?

In 2017, Novel Sponge Industries had a promoter holding of 47.62% and a public holding of 52.38%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹41.00 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 41.00 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2008 Dena Bank ₹41.00 Cr Satisfied

How Many Employees Work at Novel Sponge Industries?

Unlock and access historical data on people associated with Novel Sponge Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novel Sponge Industries, 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 Sponge Industries'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 Sponge Industries

Recent activity within the organization

  • Annual General Meeting

    Novel Sponge Industries Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

    25 Sep 2024

  • Balance Sheet

    Novel Sponge Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 26 Jul 2008 via Charge ID 10118922 with Dena Bank was fully satisfied on 23 Apr 2018.

    23 Apr 2018

  • Charges

    A charge with Dena Bank of Rs. 41.00 Cr registered on 26 Jul 2008 with Charge ID 10118922 was modified on 08 Apr 2009.

    08 Apr 2009

  • Charges

    A charge with Dena Bank amounted to Rs. 41.00 Cr with Charge ID 10118922 was registered on 26 Jul 2008.

    26 Jul 2008

  • Director Appointment

    Praveen Agarwal was appointed as a Director was appointed as a Director on 21 May 2004 & has been associated with this company since 20 years 8 months .

    21 May 2004

Frequently asked questions

  • Novel Sponge Industries Private Limited was incorporated on 21 May 2004.

  • The authorized share capital of Novel Sponge Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.19 M.

  • Currently 2 directors are associated with Novel Sponge Industries Private Limited.

    • Praveen Agarwal
    • Vineet Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novel Sponge Industries Private Limited is 202 Lords 7/1 Lord Sinharoad India, Kolkata, West Bengal, 700071.

  • The corporate identification number (CIN) of Novel Sponge Industries Private Limited is U27109WB2004PTC098591 and the company number is 098591 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2017 indicates that The net worth of Novel Sponge Industries Private Limited has experienced an upsurge of 0.03%.

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

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