Novelty Clothing Profile
Key Indicators
- Authorised Capital ₹ 3.00 Cr
as on 29-06-2024
- Paid Up Capital ₹ 3.08 M
as on 29-06-2024
- Company Age 13 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.91 Cr
as on 29-06-2024
- Satisfied Charges ₹ 10.50 Cr
as on 29-06-2024
- Revenue 48.91%
(FY 2023)
- Profit 8106.51%
(FY 2023)
- Ebitda 2099.45%
(FY 2023)
- Net Worth 9.91%
(FY 2023)
- Total Assets 17.37%
(FY 2023)
About Novelty Clothing
The Company is engaged in the Fashion And Accessories 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 3.00 Cr and a paid-up capital of Rs 3.08 M.
The company currently has active open charges totaling ₹3.91 Cr. The company has closed loans amounting to ₹10.50 Cr, as per Ministry of Corporate Affairs (MCA) records.
Joseph George, Edathuruthykaran George, and Ann George serve as directors at the Company.
- CIN/LLPIN
U51311KL2010PTC027235
- Company No.
027235
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Dec 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Novelty Clothing Private Limited offer?
Novelty Clothing Private Limited offers a wide range of products and services, including Designer Sarees, Fancy Sarees, Border Saree, Ladies Suits, Ladies Churidar Suits, Men Formal Wear, Men Suits.
Who are the key members and board of directors at Novelty Clothing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Edathuruthykaran George  | Managing Director | 20-Dec-2010 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Joseph George | Director | 25-Jun-2016 | Current |
| Ann George | Director | 20-Dec-2010 | Current |
Financial Performance and Corporate Structure Insights of Novelty Clothing.
Novelty Clothing Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.91% increase. The company also saw a substantial improvement in profitability, with a 8106.51% increase in profit. The company's net worth moved up by a moderate rise of 9.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Novelty Clothing?
In 2023, Novelty Clothing had a promoter holding of 94.00% and a public holding of 6.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pavos Tex Private LimitedActive 7 years 7 daysJoseph George, Edathuruthykaran George and 1 more are mutual person
Fancy Constructions Private LimitedActive 19 years 11 monthsJoseph George, Edathuruthykaran George and 1 more are mutual person
- Fancy Fashions Private LimitedActive 24 years 11 months
Joseph George, Edathuruthykaran George and 1 more are mutual person
- Paulcart E Commerce Private LimitedActive 9 years 1 month
Joseph George, Edathuruthykaran George and 1 more are mutual person
- Fancy Mega Projects Private LimitedActive 19 years 11 months
Joseph George, Edathuruthykaran George and 1 more are mutual person
- Pavoos Properties Private LimitedActive 18 years 9 months
Joseph George, Edathuruthykaran George and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 21 Feb 2023 | ₹9.10 M | Open |
Axis Bank Limited Creation Date: 12 Apr 2022 | ₹3.00 Cr | Open |
The South Indian Bank Limited Creation Date: 13 Dec 2021 | ₹5.00 M | Satisfied |
How Many Employees Work at Novelty Clothing?
Novelty Clothing has a workforce of 309 employees as of Mar 29, 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 Clothing, 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 Clothing'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.
