Novelty Wheels Profile
Key Indicators
- Authorised Capital ₹ 6.00 Cr
- Paid Up Capital ₹ 6.00 Cr
- Company Age 7 Year, 10 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 ten months 11 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
- Location
Amritsar, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U50404PB2017PTC046703
- Company No.
046703
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jul 2017
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Automotive
Novelty Wheels Private Limited
Explore comprehensive data for Novelty Wheels Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
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 |
| Luvtesh Singh | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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- Novelty Industries Private Limited
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- Napl Automobiles Private Limited
Amitesh Singh and Luvtesh Singh are mutual person
- N D K Hotels And Resorts Ltd
Amitesh Singh and Luvtesh Singh are mutual person
Charges (Loans)
Open Charges
₹39.86 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Novelty Wheels
Recent activity within the organization
- Charges
A charge with Hdfc Bank Limited of Rs. 16.00 Cr registered on 28 Aug 2022 with Charge ID 100610261 was modified on 07 Oct 2024.
- Charges
A charge with Others amounted to Rs. 0.30 Cr with Charge ID 100959691 was registered on 26 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100959692 was registered on 26 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.54 Cr with Charge ID 100959985 was registered on 26 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100959986 was registered on 26 Jun 2024.
- Charges
A charge with Others amounted to Rs. 0.38 Cr with Charge ID 100959987 was registered on 26 Jun 2024.
Frequently asked questions
What is the Incorporation or founding date of Novelty Wheels Private Limited?
Novelty Wheels Private Limited was incorporated on 07 Jul 2017.
What is authorized share capital and paid-up capital of Novelty Wheels Private Limited?
The authorized share capital of Novelty Wheels Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 6.00 Cr.
Who are the current board members & directors of Novelty Wheels Private Limited?
Currently 2 directors are associated with Novelty Wheels Private Limited.
- Amitesh Singh
- Luvtesh Singh
What is the registered address of Novelty Wheels Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Novelty Wheels Private Limited is First Floor Novelty Hyundai Near New, G.T. Road India, Amritsar, Punjab, 143001.
What is the corporate identification number (CIN) and company number of Novelty Wheels Private Limited?
The corporate identification number (CIN) of Novelty Wheels Private Limited is U50404PB2017PTC046703 and the company number is 046703 as per Ministry of Corporate Affairs (MCA).
What is the official website of Novelty Wheels Private Limited?
The Official website of Novelty Wheels Private Limited is https://www.noveltywheelsmahindra.com
What has been the recent revenue trend for Novelty Wheels Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Novelty Wheels Private Limited has risen by 113.90%.
How many employees does Novelty Wheels Private Limited currently have?
As Per 2023 financial reports, 58 employees are currently employed by Novelty Wheels Private Limited.
What change has been observed in the net worth of Novelty Wheels Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Novelty Wheels Private Limited has experienced an upsurge of 27.86%.
What are the total open charges for Novelty Wheels Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Novelty Wheels Private Limited amount to ₹ 39.86 Cr.
When was the last Balance Sheet of Novelty Wheels Private Limited filed with the ROC?
The most recent Balance Sheet for Novelty Wheels Private Limited was filed with the ROC on 31 Mar 2023.
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