Novel Tissues Private Limited

Manufacturer of tissue products including makeup removers, facial tissues, baby care, and wet wipes.

2003 | Mysore, Karnataka (India) | Active
Last Updated: November 16, 2024

Novel Tissues Profile

Key Indicators

  • Authorised Capital ₹ 2.40 M
  • Paid Up Capital ₹ 2.40 M
  • Company Age 21 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 22.10 Cr
  • Revenue Growth 31.91%
  • Profit Growth 28.21%
  • Ebitda 44.51%
  • Net Worth 31.22%
  • Total Assets 47.40%

About Novel Tissues

Novel Tissues Private Limited (NTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 July 2003 and has a history of 21 years and six months. Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Manufacturing 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 2.40 M and a paid-up capital of Rs 2.40 M.

The company currently has active open charges totaling ₹22.10 Cr.

Adaviappa Doddamani and Lava Doddamani serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U05190KA2003PTC032338

  • Company No.

    032338

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Jul 2003

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

What products or services does Novel Tissues Private Limited offer?

Novel Tissues Private Limited offers a wide range of products and services, including Salon, Spa Kits & Equipments, Salon Consumables & Disposables, Hand Sanitizers & Personal Hygiene, Air Fresheners, Medical & Surgical Clothing, Medical Pads, Wet Wipes, Child and Baby Care Products, Baby Care Products, Cleaning Liquids & Wipes.

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

Board Members (2)

Name Designation Appointment Date Status
Adaviappa Doddamani Country flag representing In Director 08-Sep-2011 Current
Lava Doddamani Country flag representing In Director 11-Nov-2013 Current

Financial Performance of Novel Tissues.

Novel Tissues Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 31.91% increase. The company also saw a substantial improvement in profitability, with a 28.21% increase in profit. The company's net worth Soared by an impressive increase of 31.22%.

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
31.91%
Revenue from Operations
31.79%
Total Assets
47.40%
Profit or Loss
28.21%
Net Worth
31.22%
EBITDA
44.51%

What is the Ownership and Shareholding Structure of Novel Tissues?

In 2023, Novel Tissues had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹221.01 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Sidbi : 16.50 Cr
  • Canara Bank : 5.57 Cr
  • The Canara Bank Ltd : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
21 Mar 2023 Canara Bank ₹6.00 M Open
16 Jun 2022 Sidbi ₹6.95 Cr Open
29 Mar 2022 Sidbi ₹6.35 Cr Open
24 Jun 2020 Sidbi ₹2.70 Cr Open
08 May 2020 Sidbi ₹5.00 M Open

How Many Employees Work at Novel Tissues?

Novel Tissues has a workforce of 3 employees as of Apr 07, 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 Tissues, 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 Tissues'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 Tissues

Recent activity within the organization

  • Annual General Meeting

    Novel Tissues Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Novel Tissues Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Canara Bank amounted to Rs. 6.00 M with Charge ID 100749385 was registered on 21 Mar 2023.

    21 Mar 2023

  • Charges

    A charge with Sidbi amounted to Rs. 69.50 M with Charge ID 100581424 was registered on 16 Jun 2022.

    16 Jun 2022

  • Charges

    A charge with Sidbi of Rs. 63.50 M registered on 29 Mar 2022 with Charge ID 100552537 was modified on 11 May 2022.

    11 May 2022

  • Charges

    A charge with Sidbi amounted to Rs. 63.50 M with Charge ID 100552537 was registered on 29 Mar 2022.

    29 Mar 2022

Frequently asked questions

  • Novel Tissues Private Limited was incorporated on 30 Jul 2003.

  • The authorized share capital of Novel Tissues Private Limited is ₹ 2.40 M and paid-up capital is ₹ 2.40 M.

  • Currently 2 directors are associated with Novel Tissues Private Limited.

    • Adaviappa Balappa Doddamani
    • Lava Basaningappa Doddamani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novel Tissues Private Limited is No.2 First Floor City Point13/7, Infantry Road India, Bangalore, Karnataka, 570018.

  • The corporate identification number (CIN) of Novel Tissues Private Limited is U05190KA2003PTC032338 and the company number is 032338 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novel Tissues Private Limited is https://www.noveltissues.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Novel Tissues Private Limited has risen by 31.91%.

  • As Per 2023 financial reports, 3 employees are currently employed by Novel Tissues Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Novel Tissues Private Limited has experienced an upsurge of 31.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Novel Tissues Private Limited amount to ₹ 22.10 Cr.

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

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