Novel Sugar Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
as on 17-07-2024
- Paid Up Capital ₹ 16.88 Cr
as on 17-07-2024
- Company Age 21 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,091.97 Cr
as on 17-07-2024
- Satisfied Charges ₹ 924.26 Cr
as on 17-07-2024
- Revenue 21.68%
(FY 2023)
- Profit -9.69%
(FY 2023)
- Ebitda 9.86%
(FY 2023)
- Net Worth 8.09%
(FY 2023)
- Total Assets 20.15%
(FY 2023)
About Novel Sugar
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 ₹1,091.97 Cr. The company has closed loans amounting to ₹924.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Novel Sugar Limited India are Deepshikha Chainani as COMPANY SECRETARY and Anupam Kumar as Cfo. Udit Rastogi, Anupam Kumar, and Yogesh Agarwal serve as directors at the Company.
- 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
Company Details
- Location
Kanpur, Uttar Pradesh, India
- Telephone
- Email Address
- Website
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- Social Media-
Who are the key members and board of directors at Novel Sugar?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Deepshikha Chainani  | Company Secretary | 29-Dec-2023 | Current |
| Anupam Kumar | CFO | 05-Jun-2015 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Udit Rastogi | Whole-Time Director | 12-Nov-2011 | Current |
| Yogesh Agarwal | Director | 15-Oct-2004 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 03 Oct 2023 | ₹6.90 M | Open |
Canara Bank Creation Date: 29 Sep 2022 | ₹15.00 Cr | Open |
Canara Bank Creation Date: 29 Sep 2022 | ₹20.00 Cr | Open |
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.
Deals i
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
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.
