Novelty Power & Infratec Limited
Fabricates transmission line towers, communication towers, railway OHE structures, and provides hot-dip galvanizing services.
2005 | Mumbai, Maharashtra (India) | Active
Novelty Power & Infratec Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.36 Cr
- Company Age 20 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 232.91 Cr
- Revenue Growth -90.24%
- Profit Growth -171.99%
- Ebitda 108.06%
- Net Worth 102.89%
- Total Assets -71.20%
About Novelty Power & Infratec
Novelty Power & Infratec Limited (NPIL) is a Public Limited Indian Non-Government Company incorporated in India on 28 January 2005 and has a history of 20 years and two months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Novelty Galvanizer Private Limited. The Company is engaged in the Engineering Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.36 Cr.
The company has closed loans amounting to ₹232.91 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Shoaib Nuri, Owais Nuri, and Ishrat Nuri serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27100MH2005PLC150870
- Company No.
150870
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
28 Jan 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Engineering
Novelty Power & Infratec Limited
Explore comprehensive data for Novelty Power & Infratec Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Novelty Power & Infratec?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Owais Nuri  | Managing Director | 28-Jan-2005 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shoaib Nuri | Whole-Time Director | 28-Jan-2005 | Current |
| Ishrat Nuri | Additional Director | 01-Apr-2021 | Current |
Financial Performance of Novelty Power & Infratec.
Novelty Power & Infratec Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 90.24% decrease. The company also saw a substantial fall in profitability, with a 171.99% decrease in profit. The company's net worth Soared by an impressive increase of 102.89%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Novelty Power & Infratec?
In 2021, Novelty Power & Infratec had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Sarvom Steels Private Limited
Shoaib Nuri and Owais Nuri are mutual person
- Sara Transmission & Power Private Limited
Shoaib Nuri and Owais Nuri are mutual person
- Nuri Investment Private Limited
Shoaib Nuri and Owais Nuri are mutual person
- Novelty Alloys & Energy Private Limited
Shoaib Nuri and Owais Nuri are mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹232.91 Cr
Charges Breakdown by Lending Institutions
- Others : 225.41 Cr
- Edelweiss Asset Reconstruction Company Limited : 7.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Apr 2011 | Edelweiss Asset Reconstruction Company Limited | ₹3.00 Cr | Satisfied |
| 23 Aug 2010 | Edelweiss Asset Reconstruction Company Limited | ₹1.50 Cr | Satisfied |
| 18 Mar 2010 | Edelweiss Asset Reconstruction Company Limited | ₹3.00 Cr | Satisfied |
| 03 Sep 2009 | Others | ₹6.96 Cr | Satisfied |
| 03 Sep 2009 | Others | ₹49.80 Cr | Satisfied |
How Many Employees Work at Novelty Power & Infratec?
Unlock and access historical data on people associated with Novelty Power & Infratec, 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 Power & Infratec, 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 Power & Infratec'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 Power & Infratec
Recent activity within the organization
- Annual General Meeting
Novelty Power & Infratec Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Novelty Power & Infratec Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Ishrat Shakir Nuri was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2021 & has been associated with this company since 4 years 12 days .
- Charges
A charge registered on 26 Apr 2011 via Charge ID 10288063 with Edelweiss Asset Reconstruction Company Limited was fully satisfied on 05 Feb 2021.
- Charges
A charge registered on 23 Aug 2010 via Charge ID 10244976 with Edelweiss Asset Reconstruction Company Limited was fully satisfied on 05 Feb 2021.
- Charges
A charge registered on 18 Mar 2010 via Charge ID 10211850 with Edelweiss Asset Reconstruction Company Limited was fully satisfied on 05 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Novelty Power & Infratec Limited?
Novelty Power & Infratec Limited was incorporated on 28 Jan 2005.
What is authorized share capital and paid-up capital of Novelty Power & Infratec Limited?
The authorized share capital of Novelty Power & Infratec Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.36 Cr.
Who are the current board members & directors of Novelty Power & Infratec Limited?
Currently 3 directors are associated with Novelty Power & Infratec Limited.
- Shoaib Shakir Nuri
- Owais Shakir Nuri
- Ishrat Shakir Nuri
What is the registered address of Novelty Power & Infratec Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Novelty Power & Infratec Limited is Plot No. 22 Dargah Street Mahim, India, Mumbai, Maharashtra, 400016.
What is the corporate identification number (CIN) and company number of Novelty Power & Infratec Limited?
The corporate identification number (CIN) of Novelty Power & Infratec Limited is U27100MH2005PLC150870 and the company number is 150870 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Novelty Power & Infratec Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Novelty Power & Infratec Limited has fallen by -90.24%.
What change has been observed in the net worth of Novelty Power & Infratec Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Novelty Power & Infratec Limited has experienced an upsurge of 102.89%.
When was the last Balance Sheet of Novelty Power & Infratec Limited filed with the ROC?
The most recent Balance Sheet for Novelty Power & Infratec Limited was filed with the ROC on 31 Mar 2024.
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