Novelty Power & Infratec Limited

Novelty Power & Infratec Limited

Fabricates transmission line towers, communication towers, railway OHE structures, and provides hot-dip galvanizing services.
2005 | Mumbai, Maharashtra (India) | Active

Last Updated:

July 18, 2024
HomeCompanyNovelty Power & Infratec Limited

Who are the key members and board of directors at Novelty Power & Infratec?

Executive Team (1)

NameDesignationAppointment DateStatus
Owais Nuri InManaging Director28-Jan-2005Current

Board Members(2)

NameDesignationAppointment DateStatus
Shoaib Nuri In Whole-Time Director 28-Jan-2005Current
Ishrat Nuri In Additional Director 13-Jan-2024Current

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%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-90.24%
Revenue from Operations
Total Assets
-71.20%
Profit or Loss
-171.99%
Net Worth
102.89%
EBITDA
108.06%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹232.91 Cr

LenderAmountStatus

Edelweiss Asset Reconstruction Company Limited

Creation Date: 26 Apr 2011
₹3.00 CrSatisfied

Edelweiss Asset Reconstruction Company Limited

Creation Date: 23 Aug 2010
₹1.50 CrSatisfied

Edelweiss Asset Reconstruction Company Limited

Creation Date: 18 Mar 2010
₹3.00 CrSatisfied

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.

Employee Graph

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Latest Updates, News, and FAQs on Novelty Power & Infratec

Recent activity within the organization

  • Director Appointment

    Ishrat Shakir Nuri was appointed as a Additional Director was appointed as a Additional Director on 13 Jan 2024 & has been associated with this company since 11 months 11 days .

    13 Jan 2024

  • Annual General Meeting

    Novelty Power & Infratec Limited last Annual general meeting of members was held on 30 Dec 2021 as per latest MCA records.

    30 Dec 2021

  • Balance Sheet

    Novelty Power & Infratec Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.

    31 Mar 2021

  • 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.

    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.

    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.

    05 Feb 2021

Frequently asked questions

  • Novelty Power & Infratec Limited was incorporated on 28 Jan 2005.

  • The authorized share capital of Novelty Power & Infratec Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.36 Cr.

  • Currently 3 directors are associated with Novelty Power & Infratec Limited.

    • Shoaib Shakir Nuri
    • Owais Shakir Nuri
    • Ishrat Shakir Nuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novelty Power & Infratec Limited is Plot No. 22 Dargah Street Mahim, Mumbai, Maharashtra, India, 400016.

  • 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).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Novelty Power & Infratec Limited has fallen by -90.24%.

  • 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%.

  • The most recent Balance Sheet for Novelty Power & Infratec Limited was filed with the ROC on 31 Mar 2021.

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