Novel Sugar Limited

Processes Khansari sugar with 150 MT/day plant in Pilibhit, UP, founded by Agarwal and Singhal.

2003 | Kanpur Nagar, Uttar Pradesh (India) | Active
Last Updated:

Novel Sugar Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 16.88 Cr
  • Company Age 21 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,076.97 Cr
  • Satisfied Charges ₹ 939.26 Cr
  • Revenue Growth 21.68%
  • Profit Growth -9.69%
  • Ebitda 9.86%
  • Net Worth 8.09%
  • Total Assets 20.15%

About Novel Sugar

Novel Sugar Limited (NSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 July 2003 and has a history of 21 years and nine months. Its registered office is in Kanpur Nagar, Uttar Pradesh, India.

The Corporate was formerly known as Bajaj Sugar Limited. The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 18.00 Cr and a paid-up capital of Rs 16.88 Cr.

The company currently has active open charges totaling ₹1,076.97 Cr. The company has closed loans amounting to ₹939.26 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Novel Sugar Limited India are Anupam Kumar as CFO and Deepshikha Chainani as Company Secretary. Yogesh Agarwal, Anupam Kumar, and Udit Rastogi serve as directors at the Company.

Company Details

  • Location

    Kanpur Nagar, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15424UP2003PLC027697

  • Company No.

    027697

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Jul 2003

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Agriculture
Company report

Novel Sugar Limited

Explore comprehensive data for Novel Sugar Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Deepshikha Chainani Country flag representing In Company Secretary29-Dec-2023Current
Anupam Kumar Country flag representing In CFO05-Jun-2015Current

Board Members (3)

NameDesignationAppointment DateStatus
Yogesh Agarwal Country flag representing In Director 15-Oct-2004Current
Anupam Kumar Country flag representing In Director and Cfo 14-Jul-2003Current
Udit Rastogi Country flag representing In Whole-Time Director 12-Nov-2011Current

Financial Performance of Novel Sugar.

Novel Sugar Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.68% increase. The company also saw a slight decrease in profitability, with a 9.69% decrease in profit. The company's net worth moved up by a moderate rise of 8.09%.

Novel Sugar revenue growth over time
Novel Sugar 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
21.68%
Revenue from Operations
21.67%
Total Assets
20.15%
Profit or Loss
-9.69%
Net Worth
8.09%
EBITDA
9.86%

What is the Ownership and Shareholding Structure of Novel Sugar?

In 2023, Novel Sugar had a promoter holding of 45.71% and a public holding of 54.29%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,076.97 Cr

Satisfied Charges

₹939.26 Cr

Charges Breakdown by Lending Institutions

  • Others : 1056.28 Cr
  • Canara Bank : 20.00 Cr
  • Axis Bank Limited : 0.69 Cr

Latest Charge Details

DateLenderAmountStatus
03 Oct 2023Axis Bank Limited₹6.90 MOpen
29 Sep 2022Canara Bank₹20.00 CrOpen
27 Dec 2021Others₹2.28 CrOpen
27 Dec 2021Others₹21.00 CrOpen
10 Apr 2013Others₹958.00 CrOpen

How Many Employees Work at Novel Sugar?

Novel Sugar has a workforce of 161 employees as of Apr 03, 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.

Employee growth trends for Novel Sugar Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 29 Sep 2022 via Charge ID 100619782 with Canara Bank was fully satisfied on 05 Jul 2024.

  • Charges

    A charge with Others of Rs. 75.00 Cr registered on 22 Mar 2007 with Charge ID 10043973 was modified on 20 Feb 2024.

  • Charges

    A charge with Others of Rs. 958.00 Cr registered on 10 Apr 2013 with Charge ID 10423375 was modified on 12 Jan 2024.

  • Director Appointment

    Deepshikha Chainani was appointed as a Company Secretary was appointed as a Company Secretary on 29 Dec 2023 & has been associated with this company since 1 year 3 months .

  • Charges

    A charge with Canara Bank of Rs. 20.00 Cr registered on 29 Sep 2022 with Charge ID 100619838 was modified on 24 Nov 2023.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.69 Cr with Charge ID 100798451 was registered on 03 Oct 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Novel Sugar Limited?

    Novel Sugar Limited was incorporated on 14 Jul 2003.

  • What is authorized share capital and paid-up capital of Novel Sugar Limited?

    The authorized share capital of Novel Sugar Limited is ₹ 18.00 Cr and paid-up capital is ₹ 16.88 Cr.

  • Who are the current board members & directors of Novel Sugar Limited?

    Currently 5 directors are associated with Novel Sugar Limited.

    • Yogesh Agarwal
    • Anupam Kumar
    • Udit Kumar Rastogi
    • Anupam Kumar
    • Deepshikha Chainani

  • What is the registered address of Novel Sugar Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Novel Sugar Limited is 3A/275 Azad Nagar, India, Kanpur, Uttar Pradesh, 208002.

  • What is the corporate identification number (CIN) and company number of Novel Sugar Limited?

    The corporate identification number (CIN) of Novel Sugar Limited is U15424UP2003PLC027697 and the company number is 027697 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Novel Sugar Limited?

    The Official website of Novel Sugar Limited is https://www.rimjhimispat.com

  • What has been the recent revenue trend for Novel Sugar Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Novel Sugar Limited has risen by 21.68%.

  • How many employees does Novel Sugar Limited currently have?

    As Per 2023 financial reports, 161 employees are currently employed by Novel Sugar Limited.

  • What change has been observed in the net worth of Novel Sugar Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Novel Sugar Limited has experienced an upsurge of 8.09%.

  • What are the total open charges for Novel Sugar Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Novel Sugar Limited amount to ₹ 1,076.97 Cr.

  • When was the last Balance Sheet of Novel Sugar Limited filed with the ROC?

    The most recent Balance Sheet for Novel Sugar Limited was filed with the ROC on 31 Mar 2023.

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