Novex Communications Private Limited

Media solutions and satellite channel distribution for commercial establishments, hotels, and resorts.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated:

Novex Communications Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.19 M
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Satisfied Charges ₹ 26.82 Cr
  • Revenue Growth 128.54%
  • Profit Growth 448.81%
  • Ebitda 363.99%
  • Net Worth 104.71%
  • Total Assets 80.72%

About Novex Communications

Novex Communications Private Limited (NCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 2002 and has a history of 22 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Travel And Hospitality 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 1.00 Cr and a paid-up capital of Rs 4.19 M.

The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹26.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ketan Kanakia, Minal Kanakia, and Miket Kanakia 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

    U92132MH2002PTC135397

  • Company No.

    135397

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Apr 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Travel and Hospitality
Company report

Novex Communications Private Limited

Explore comprehensive data for Novex Communications Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Novex Communications?

Board Members (3)

NameDesignationAppointment DateStatus
Miket Kanakia Country flag representing In Director 01-Apr-2010Current
Ketan Kanakia Country flag representing In Director 03-Apr-2002Current
Minal Kanakia Country flag representing In Director 01-Jun-2002Current

Financial Performance of Novex Communications.

Novex Communications Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 128.54% increase. The company also saw a substantial improvement in profitability, with a 448.81% increase in profit. The company's net worth Soared by an impressive increase of 104.71%.

Novex Communications revenue growth over time
Novex Communications profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
128.54%
Revenue from Operations
131.14%
Total Assets
80.72%
Profit or Loss
448.81%
Net Worth
104.71%
EBITDA
363.99%

What is the Ownership and Shareholding Structure of Novex Communications?

In 2023, Novex Communications had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.20 Cr

Satisfied Charges

₹26.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
31 Mar 2022Others₹2.00 MOpen
18 Jun 2021Others₹6.70 CrSatisfied
31 May 2018Others₹3.00 CrSatisfied
05 Jun 2015Capri Global Capital Limited₹9.39 MSatisfied
18 Jul 2014Kotak Mahindra Bank Limited₹5.40 CrSatisfied

How Many Employees Work at Novex Communications?

Novex Communications has a workforce of 57 employees as of Apr 07, 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.

Employee growth trends for Novex Communications Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novex Communications, 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 Novex Communications's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Novex Communications

Recent activity within the organization

  • Charges

    A charge registered on 05 Jun 2015 via Charge ID 10575310 with Capri Global Capital Limited was fully satisfied on 21 Oct 2023.

  • Charges

    A charge registered on 18 Jun 2021 via Charge ID 100451991 with Others was fully satisfied on 11 Oct 2023.

  • Charges

    A charge registered on 18 Jul 2014 via Charge ID 10511591 with Kotak Mahindra Bank Limited was fully satisfied on 11 Oct 2023.

  • Annual General Meeting

    Novex Communications Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 31 May 2018 via Charge ID 100204956 with Others was fully satisfied on 04 Sep 2023.

  • Balance Sheet

    Novex Communications Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

Frequently asked questions

  • What is the Incorporation or founding date of Novex Communications Private Limited?

    Novex Communications Private Limited was incorporated on 03 Apr 2002.

  • What is authorized share capital and paid-up capital of Novex Communications Private Limited?

    The authorized share capital of Novex Communications Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.19 M.

  • Who are the current board members & directors of Novex Communications Private Limited?

    Currently 3 directors are associated with Novex Communications Private Limited.

    • Ketan Jaswant Kanakia
    • Minal Ketan Kanakia
    • Miket Ketan Kanakia

  • What is the registered address of Novex Communications Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Novex Communications Private Limited is B 301 Remi Biz Court Plot No.9 Shah Industrial Estate, Veera Desai Rd A Ndheri (W) India, Mumbai, Maharashtra, 400058.

  • What is the corporate identification number (CIN) and company number of Novex Communications Private Limited?

    The corporate identification number (CIN) of Novex Communications Private Limited is U92132MH2002PTC135397 and the company number is 135397 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Novex Communications Private Limited?

    The Official website of Novex Communications Private Limited is https://www.novex.in

  • What has been the recent revenue trend for Novex Communications Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Novex Communications Private Limited has risen by 128.54%.

  • How many employees does Novex Communications Private Limited currently have?

    As Per 2023 financial reports, 57 employees are currently employed by Novex Communications Private Limited.

  • What change has been observed in the net worth of Novex Communications Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Novex Communications Private Limited has experienced an upsurge of 104.71%.

  • What are the total open charges for Novex Communications Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Novex Communications Private Limited amount to ₹ 2.00 M.

  • When was the last Balance Sheet of Novex Communications Private Limited filed with the ROC?

    The most recent Balance Sheet for Novex Communications Private Limited was filed with the ROC on 31 Mar 2023.

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