Novelty Wheels Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 7 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 39.86 Cr
- Satisfied Charges ₹ 6.05 Cr
- Revenue Growth 113.90%
- Profit Growth 94.32%
- Ebitda 67.02%
- Net Worth 27.86%
- Total Assets -0.03%
About Novelty Wheels
Novelty Wheels Private Limited (NWPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 July 2017 (Seven years and seven months 4 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 6.00 Cr and a paid-up capital of Rs 6.00 Cr.
The company currently has active open charges totaling ₹39.86 Cr. The company has closed loans amounting to ₹6.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Amitesh 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
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U50404PB2017PTC046703
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Company No.
046703
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 Jul 2017
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Date of AGM
29 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 Wheels?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amitesh Singh
|
Director | 07-Jul-2017 | Current |
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Luvtesh Singh
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Director | 07-Jul-2017 | Current |
Financial Performance of Novelty Wheels.
Novelty Wheels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 113.9% increase. The company also saw a substantial improvement in profitability, with a 94.32% increase in profit. The company's net worth Soared by an impressive increase of 27.86%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Novelty Wheels?
In 2023, Novelty Wheels had a promoter holding of 83.80% and a public holding of 16.20%. 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 Auto Sales Private LimitedAmitesh Singh and Luvtesh Singh are mutual person
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Eco Friendly Energies LlpAmitesh Singh and Luvtesh Singh are mutual person
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Novelty Associates Private Limited
Amitesh Singh and Luvtesh Singh are mutual person
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Novelty Industries Private Limited
Amitesh Singh and Luvtesh Singh are mutual person
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Napl Automobiles Private Limited
Amitesh Singh and Luvtesh Singh are mutual person
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N D K Hotels And Resorts Ltd
Amitesh Singh and Luvtesh Singh are mutual person
Charges (Loans)
₹39.86 Cr
₹6.05 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 20.00 Cr
- Hdfc Bank Limited : 16.00 Cr
- Others : 3.82 Cr
- Karnataka Bank Ltd. : 0.05 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Jun 2024 | Others | ₹2.95 M | Open |
| 26 Jun 2024 | Others | ₹3.29 M | Open |
| 26 Jun 2024 | Others | ₹5.35 M | Open |
| 26 Jun 2024 | Others | ₹1.85 M | Open |
| 26 Jun 2024 | Others | ₹3.76 M | Open |
How Many Employees Work at Novelty Wheels?
Novelty Wheels has a workforce of 58 employees as of Apr 05, 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 Wheels, 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 Wheels'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.