Novelty Associates Profile
Key Indicators
- Authorised Capital ₹ 11.00 Cr
- Paid Up Capital ₹ 11.00 Cr
- Company Age 44 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 283.92 Cr
- Satisfied Charges ₹ 337.63 Cr
- Revenue Growth -13.92%
- Profit Growth 26.25%
- Ebitda -64.93%
- Net Worth 16.22%
- Total Assets 1.04%
About Novelty Associates
Novelty Associates Private Limited (NAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 May 1980 and has a history of 44 years and 11 months. Its registered office is in Amritsar, Punjab, India.
The Corporate was formerly known as Novelty Papers P Ltd. The Company is engaged in the Automotive 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 11.00 Cr and a paid-up capital of Rs 11.00 Cr.
The company currently has active open charges totaling ₹283.92 Cr. The company has closed loans amounting to ₹337.63 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jatinder Singh, Amitesh Singh, and Luvtesh Singh serve as directors at the Company.
Company Details
- Location
Amritsar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U21012PB1980PTC004195
- Company No.
004195
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 May 1980
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
Novelty Associates Private Limited
Explore comprehensive data for Novelty Associates Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Novelty Associates?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jatinder Singh  | Managing Director | 29-May-1980 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amitesh Singh | Director | 10-Jul-2002 | Current |
| Luvtesh Singh | Director | 12-Jun-2000 | Current |
Financial Performance of Novelty Associates.
Novelty Associates Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.92% decrease. The company also saw a substantial improvement in profitability, with a 26.25% increase in profit. The company's net worth Soared by an impressive increase of 16.22%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Novelty Associates?
In 2023, Novelty Associates had a promoter holding of 100.00%. The company had 1 Subsidiary and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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- Novelty Cars Private Limited
Jatinder Singh and Luvtesh Singh are mutual person
- B G International Private Limited
Jatinder Singh and Luvtesh Singh are mutual person
- N D K Hotels And Resorts Ltd
Jatinder Singh, Amitesh Singh and 1 more are mutual person
- Eco Friendly Energies Llp
Amitesh Singh and Luvtesh Singh are mutual person
Charges (Loans)
Open Charges
₹283.92 Cr
Satisfied Charges
₹337.63 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 93.02 Cr
- Others : 81.34 Cr
- Karnataka Bank Ltd. : 69.56 Cr
- State Bank Of India : 26.00 Cr
- Hdfc Bank Limited : 10.00 Cr
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Oct 2024 | Others | ₹10.00 Cr | Open |
| 26 Mar 2024 | Others | ₹17.50 Cr | Open |
| 28 Feb 2024 | State Bank Of India | ₹20.00 Cr | Open |
| 12 Feb 2024 | Others | ₹20.17 Cr | Open |
| 27 Dec 2023 | Others | ₹3.15 Cr | Open |
How Many Employees Work at Novelty Associates?
Unlock and access historical data on people associated with Novelty Associates, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Novelty Associates, 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 Novelty Associates'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.
Latest Updates, News, and FAQs on Novelty Associates
Recent activity within the organization
- Charges
A charge with Karnataka Bank Ltd. of Rs. 50.00 Cr registered on 11 May 2015 with Charge ID 10577403 was modified on 24 Feb 2025.
- Charges
A charge with Others of Rs. 17.50 Cr registered on 26 Mar 2024 with Charge ID 100912215 was modified on 31 Dec 2024.
- Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101005544 was registered on 07 Oct 2024.
- Charges
A charge with Yes Bank Limited of Rs. 35.59 Cr registered on 28 Jul 2016 with Charge ID 100052051 was modified on 14 Aug 2024.
- Charges
A charge registered on 17 Jul 2020 via Charge ID 100391053 with Karnataka Bank Ltd. was fully satisfied on 26 Jul 2024.
- Charges
A charge registered on 22 Feb 2022 via Charge ID 100546064 with Karnataka Bank Ltd. was fully satisfied on 09 May 2024.
Frequently asked questions
What is the Incorporation or founding date of Novelty Associates Private Limited?
Novelty Associates Private Limited was incorporated on 29 May 1980.
What is authorized share capital and paid-up capital of Novelty Associates Private Limited?
The authorized share capital of Novelty Associates Private Limited is ₹ 11.00 Cr and paid-up capital is ₹ 11.00 Cr.
Who are the current board members & directors of Novelty Associates Private Limited?
Currently 3 directors are associated with Novelty Associates Private Limited.
- Jatinder Singh
- Amitesh Singh
- Luvtesh Singh
What is the registered address of Novelty Associates Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Novelty Associates Private Limited is Near New G.T.Road India, Amritsar, Punjab, 143001.
What is the corporate identification number (CIN) and company number of Novelty Associates Private Limited?
The corporate identification number (CIN) of Novelty Associates Private Limited is U21012PB1980PTC004195 and the company number is 004195 as per Ministry of Corporate Affairs (MCA).
What is the official website of Novelty Associates Private Limited?
The Official website of Novelty Associates Private Limited is https://www.noveltygroup.in
What has been the recent revenue trend for Novelty Associates Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Novelty Associates Private Limited has fallen by -13.92%.
What change has been observed in the net worth of Novelty Associates Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Novelty Associates Private Limited has experienced an upsurge of 16.22%.
What are the total open charges for Novelty Associates Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Novelty Associates Private Limited amount to ₹ 283.92 Cr.
When was the last Balance Sheet of Novelty Associates Private Limited filed with the ROC?
The most recent Balance Sheet for Novelty Associates Private Limited was filed with the ROC on 31 Mar 2023.
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