Novex Communications Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 24-10-2024
- Paid Up Capital ₹ 4.19 M
as on 24-10-2024
- Company Age 22 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.00 M
as on 24-10-2024
- Satisfied Charges ₹ 26.82 Cr
as on 24-10-2024
- Revenue 128.54%
(FY 2023)
- Profit 448.81%
(FY 2023)
- Ebitda 363.99%
(FY 2023)
- Net Worth 104.71%
(FY 2023)
- Total Assets 80.72%
(FY 2023)
About Novex Communications
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.
- 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
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Novex Communications?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Miket Kanakia  | Director | 01-Apr-2010 | Current |
| Ketan Kanakia | Director | 03-Apr-2002 | Current |
| Minal Kanakia | Director | 01-Jun-2002 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Mega Reach Novex Communications Private LimitedActive 17 years 2 monthsKetan Kanakia is a mutual person
Novex Realtors Private LimitedActive 2 years 1 monthKetan Kanakia, Minal Kanakia and 1 more are mutual person
- Dimensions Communications Private LimitedActive 22 years 8 months
Ketan Kanakia, Minal Kanakia and 1 more are mutual person
- Tahini Hospitality Private LimitedActive 15 years 7 months
Ketan Kanakia, Minal Kanakia and 1 more are mutual person
Indian Media Biz Private LimitedActive 11 years 6 monthsKetan Kanakia and Miket Kanakia are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 31 Mar 2022 | ₹2.00 M | Open |
Others Creation Date: 18 Jun 2021 | ₹6.70 Cr | Satisfied |
Others Creation Date: 31 May 2018 | ₹3.00 Cr | Satisfied |
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.
Deals i
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
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.
