Novelty Cars Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.25 Cr
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 22.11 Cr
- Satisfied Charges ₹ 13.81 Cr
- Revenue Growth 6.66%
- Profit Growth -41.77%
- Ebitda 9.32%
- Net Worth 12.49%
- Total Assets -15.09%
About Novelty Cars
Novelty Cars Private Limited (NCPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 June 2017 (Seven years and seven months 24 days old ). Its registered office is in Amritsar, Punjab, India.
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 1.25 Cr.
The company currently has active open charges totaling ₹22.11 Cr. The company has closed loans amounting to ₹13.81 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jatinder Singh and Luvtesh Singh serve as directors at the Company.
Company Details
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Location
Amritsar, Punjab, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
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Corporate Identity Details
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CIN/LLPIN
U50100PB2017PTC046625
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Company No.
046625
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
21 Jun 2017
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Novelty Cars?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Jatinder Singh
|
Director | 21-Jun-2017 | Current |
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Luvtesh Singh
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Director | 21-Jun-2017 | Current |
Financial Performance of Novelty Cars.
Novelty Cars Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 6.66% increase. The company also saw a substantial fall in profitability, with a 41.77% decrease in profit. The company's net worth Soared by an impressive increase of 12.49%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Novelty Cars?
In 2021, Novelty Cars had a promoter holding of 6.24% and a public holding of 93.76%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Novelty Wheels Private LimitedLuvtesh Singh is a mutual person
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Novelty Auto Sales Private LimitedLuvtesh Singh is a mutual person
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Novelty Associates Private LimitedJatinder Singh and Luvtesh Singh are mutual person
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B G International Private Limited
Jatinder Singh and Luvtesh Singh are mutual person
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N D K Hotels And Resorts Ltd
Jatinder Singh and Luvtesh Singh are mutual person
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Eco Friendly Energies Llp
Luvtesh Singh is a mutual person
Charges (Loans)
₹22.11 Cr
₹13.81 Cr
Charges Breakdown by Lending Institutions
- Others : 22.07 Cr
- Karnataka Bank Ltd. : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Feb 2024 | Others | ₹1.57 Cr | Open |
| 12 Feb 2024 | Others | ₹20.00 Cr | Open |
| 12 Feb 2024 | Others | ₹4.95 M | Open |
| 19 May 2020 | Karnataka Bank Ltd. | ₹0.45 M | Open |
| 22 Feb 2022 | Karnataka Bank Ltd. | ₹1.57 Cr | Satisfied |
How Many Employees Work at Novelty Cars?
Novelty Cars has a workforce of 47 employees as of Mar 28, 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 Cars, 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 Cars'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.