Novitas India Private Limited

Designs and distributes functional consumer products including craft and sewing notions, ribbons, and party supplies.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated: December 10, 2024

Novitas India Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 12 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -75.84%
  • Profit Growth -8.11%
  • Ebitda 2.16%
  • Net Worth -10.33%
  • Total Assets 13.43%

About Novitas India

Novitas India Private Limited (NIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 09 February 2012 and has a history of 12 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Home & Lifestyle Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Mohit Motani and Dawood Meer serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52100MH2012FTC226639

  • Company No.

    226639

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    09 Feb 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Home & Lifestyle

What products or services does Novitas India Private Limited offer?

Novitas India Private Limited offers a wide range of products and services, including Bathroom Accessories, Soap & Sanitizer Dispenser.

Who are the key members and board of directors at Novitas India?

Board Members (2)

Name Designation Appointment Date Status
Mohit Motani Country flag representing In Director 09-Mar-2018 Current
Dawood Meer Country flag representing In Director 30-Apr-2019 Current

Financial Performance of Novitas India.

Novitas India Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 75.84% decrease. The company also saw a slight decrease in profitability, with a 8.11% decrease in profit. The company's net worth observed a substantial decline by a decrease of 10.33%.

Graph illustrating revenue growth over time
Graph showing 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
-75.84%
Revenue from Operations
-77.67%
Total Assets
13.43%
Profit or Loss
-8.11%
Net Worth
-10.33%
EBITDA
2.16%

What is the Ownership and Shareholding Structure of Novitas India?

In 2020, Novitas India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Novitas India?

Unlock and access historical data on people associated with Novitas India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Novitas India, 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 Novitas India'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 Novitas India

Recent activity within the organization

  • Annual General Meeting

    Novitas India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Novitas India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Dawood Mainuddin Meer was appointed as a Director was appointed as a Director on 30 Apr 2019 & has been associated with this company since 5 years 9 months .

    30 Apr 2019

  • Director Appointment

    Mohit Nitin Motani was appointed as a Director was appointed as a Director on 09 Mar 2018 & has been associated with this company since 6 years 10 months .

    09 Mar 2018

  • Company Incorporation

    Novitas India Private Limited was registered on 09 Feb 2012 with Roc Mumbai & aged 12 years 11 months as per MCA records.

    09 Feb 2012

Frequently asked questions

  • Novitas India Private Limited was incorporated on 09 Feb 2012.

  • The authorized share capital of Novitas India Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Novitas India Private Limited.

    • Mohit Nitin Motani
    • Dawood Mainuddin Meer
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novitas India Private Limited is Office No. 701 Floor 7 Plot 207 Embassy Centre Jamnalal Bajaj Marg Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Novitas India Private Limited is U52100MH2012FTC226639 and the company number is 226639 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novitas India Private Limited is https://www.novitasindia.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Novitas India Private Limited has fallen by -75.84%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Novitas India Private Limited has experienced an downturn of -10.33%.

  • The most recent Balance Sheet for Novitas India Private Limited was filed with the ROC on 31 Mar 2024.

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