Novotech Steel & Alloys Private Limited

Manufacturer of round bars and alloy steel products.

2010 | Mumbai, Maharashtra (India) | Active
Last Updated: October 24, 2024

Novotech Steel & Alloys Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.23 Cr
  • Company Age 14 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.33 Cr
  • Revenue Growth -13.06%
  • Profit Growth -36.77%
  • Ebitda -32.64%
  • Net Worth 15.37%
  • Total Assets 13.42%

About Novotech Steel & Alloys

Novotech Steel & Alloys Private Limited (NSAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 2010 and has a history of 14 years and one month. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Machinery And Equipment 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 3.00 Cr and a paid-up capital of Rs 2.23 Cr.

The company currently has active open charges totaling ₹7.33 Cr.

Vipin Aggarwaal, Abhijeet Aggarwal, and Sushant Aggarwal serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27200MH2010PTC211287

  • Company No.

    211287

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2010

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Novotech Steel & Alloys Private Limited offer?

Novotech Steel & Alloys Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Steel Bars, Rods, Plates & Sheets, Steel Round Bars, Manufacturing & Assembling Services, Machining Job Work, Gear parts, Lathe Work, Food Processing Plants & Machinery, Sugarcane Juice Machine & Sugar Mill Machinery.

Who are the key members and board of directors at Novotech Steel & Alloys?

Board Members (3)

Name Designation Appointment Date Status
Abhijeet Aggarwal Country flag representing In Director 23-Dec-2010 Current
Vipin Aggarwaal Country flag representing In Director 23-Dec-2010 Current
Sushant Aggarwal Country flag representing In Director 23-Dec-2010 Current

Financial Performance of Novotech Steel & Alloys.

Novotech Steel & Alloys Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.06% decrease. The company also saw a substantial fall in profitability, with a 36.77% decrease in profit. The company's net worth Soared by an impressive increase of 15.37%.

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
-13.06%
Revenue from Operations
-13.62%
Total Assets
13.42%
Profit or Loss
-36.77%
Net Worth
15.37%
EBITDA
-32.64%

What is the Ownership and Shareholding Structure of Novotech Steel & Alloys?

In 2023, Novotech Steel & Alloys 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

₹7.33 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 7.33 Cr

Latest Charge Details

Date Lender Amount Status
25 Feb 2014 Others ₹7.33 Cr Open

How Many Employees Work at Novotech Steel & Alloys?

Unlock and access historical data on people associated with Novotech Steel & Alloys, 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 Novotech Steel & Alloys, 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 Novotech Steel & Alloys'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 Novotech Steel & Alloys

Recent activity within the organization

  • Annual General Meeting

    Novotech Steel & Alloys Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 7.33 Cr registered on 25 Feb 2014 with Charge ID 10485066 was modified on 10 Aug 2023.

    10 Aug 2023

  • Balance Sheet

    Novotech Steel & Alloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 7.33 Cr with Charge ID 10485066 was registered on 25 Feb 2014.

    25 Feb 2014

  • Director Appointment

    Vipin Aggarwaal was appointed as a Director was appointed as a Director on 23 Dec 2010 & has been associated with this company since 14 years 1 month .

    23 Dec 2010

  • Director Appointment

    Abhijeet Aggarwal was appointed as a Director was appointed as a Director on 23 Dec 2010 & has been associated with this company since 14 years 1 month .

    23 Dec 2010

Frequently asked questions

  • Novotech Steel & Alloys Private Limited was incorporated on 23 Dec 2010.

  • The authorized share capital of Novotech Steel & Alloys Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.23 Cr.

  • Currently 3 directors are associated with Novotech Steel & Alloys Private Limited.

    • Vipin Aggarwaal
    • Abhijeet Aggarwal
    • Sushant Aggarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Novotech Steel & Alloys Private Limited is 323 Giriraj Iron Market Sant Tukaram Road, India, Mumbai, Maharashtra, 400009.

  • The corporate identification number (CIN) of Novotech Steel & Alloys Private Limited is U27200MH2010PTC211287 and the company number is 211287 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Novotech Steel & Alloys Private Limited is https://www.novotechsteel.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Novotech Steel & Alloys Private Limited has fallen by -13.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Novotech Steel & Alloys Private Limited has experienced an upsurge of 15.37%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Novotech Steel & Alloys Private Limited amount to ₹ 7.33 Cr.

  • The most recent Balance Sheet for Novotech Steel & Alloys Private Limited was filed with the ROC on 31 Mar 2023.