Novelty Auto Sales Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 17-11-2024
- Paid Up Capital ₹ 1.20 Cr
as on 17-11-2024
- Company Age 7 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8.30 Cr
as on 17-11-2024
- Satisfied Charges ₹ 11.05 Cr
as on 17-11-2024
- Revenue -73.41%
(FY 2023)
- Profit -78.30%
(FY 2023)
- Ebitda -251.47%
(FY 2023)
- Net Worth 2.74%
(FY 2023)
- Total Assets -20.71%
(FY 2023)
About Novelty Auto Sales
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 1.50 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹8.30 Cr. The company has closed loans amounting to ₹11.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amitesh Singh and Luvtesh Singh serve as directors at the Company.
- CIN/LLPIN
U50100PB2017PTC046666
- Company No.
046666
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Jun 2017
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Amritsar, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Novelty Auto Sales Private Limited offer?
Novelty Auto Sales Private Limited offers a wide range of products and services, including Event Organizers, Audio Visual Event Services, Event Planners & Organizers, Hotel Bookings, Hotels Accommodation Service, E Commerce Website Development Service, E-Commerce Shopping Portal Service.
Who are the key members and board of directors at Novelty Auto Sales?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amitesh Singh  | Director | 30-Jun-2017 | Current |
| Luvtesh Singh | Director | 30-Jun-2017 | Current |
Financial Performance of Novelty Auto Sales.
Novelty Auto Sales Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 73.41% decrease. The company also saw a substantial fall in profitability, with a 78.3% decrease in profit. The company's net worth moved up by a moderate rise of 2.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Novelty Auto Sales?
In 2023, Novelty Auto Sales had a promoter holding of 37.92% and a public holding of 62.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Novelty Wheels Private LimitedActive 7 years 5 monthsAmitesh Singh and Luvtesh Singh are mutual person
- Novelty Associates Private LimitedActive 44 years 7 months
Amitesh Singh and Luvtesh Singh are mutual person
- Novelty Industries Private LimitedActive 3 years 8 months
Amitesh Singh and Luvtesh Singh are mutual person
- Napl Automobiles Private LimitedActive 7 years 6 months
Amitesh Singh and Luvtesh Singh are mutual person
- N D K Hotels And Resorts LtdActive 29 years 11 months
Amitesh Singh and Luvtesh Singh are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Karnataka Bank Ltd. Creation Date: 02 Sep 2020 | ₹2.95 M | Open |
Karnataka Bank Ltd. Creation Date: 22 Jul 2020 | ₹1.00 Cr | Open |
Karnataka Bank Ltd. Creation Date: 16 May 2018 | ₹7.00 Cr | Open |
How Many Employees Work at Novelty Auto Sales?
Novelty Auto Sales has a workforce of 31 employees as of Apr 02, 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 Novelty Auto Sales, 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 Auto Sales'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.
