Nuvocraft Apparels India Private Limited

Manufacturer of formal and casual wear for men and women, with high production capacity for domestic and international markets.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated: November 16, 2024

Nuvocraft Apparels India Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.40 Cr
  • Company Age 18 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.50 Cr
  • Satisfied Charges ₹ 17.98 Cr
  • Revenue Growth -24.52%
  • Profit Growth 18.69%
  • Ebitda 49.57%
  • Net Worth -62.43%
  • Total Assets 2.29%

About Nuvocraft Apparels India

Nuvocraft Apparels India Private Limited (NAIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 November 2006 and has a history of 18 years and three months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Manufacturing 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 2.00 Cr and a paid-up capital of Rs 1.40 Cr.

The company currently has active open charges totaling ₹5.50 Cr. The company has closed loans amounting to ₹17.98 Cr, as per Ministry of Corporate Affairs (MCA) records.

Stephen Verghese and Govinda Yedla serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    nuvocraftapparels.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U18101KA2006PTC040895

  • Company No.

    040895

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Nov 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Stephen Verghese Country flag representing In Managing Director09-Nov-2006Current

Board Members (1)

NameDesignationAppointment DateStatus
Govinda Yedla Country flag representing In Director 09-Nov-2006Current

Financial Performance of Nuvocraft Apparels India.

Nuvocraft Apparels India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.52% decrease. The company also saw a substantial improvement in profitability, with a 18.69% increase in profit. The company's net worth observed a substantial decline by a decrease of 62.43%.

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
-24.52%
Revenue from Operations
-25.14%
Total Assets
2.29%
Profit or Loss
18.69%
Net Worth
-62.43%
EBITDA
49.57%

What is the Ownership and Shareholding Structure of Nuvocraft Apparels India?

In 2023, Nuvocraft Apparels India had a promoter holding of 95.00% and a public holding of 5.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.50 Cr

Satisfied Charges

₹17.98 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.50 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2021Others₹5.00 MOpen
10 Jan 2019Others₹5.00 CrOpen
15 Nov 2021Sidbi₹7.15 MSatisfied
13 Aug 2020Sidbi₹8.40 MSatisfied
13 Aug 2020Sidbi₹1.43 CrSatisfied

How Many Employees Work at Nuvocraft Apparels India?

Nuvocraft Apparels India has a workforce of 44 employees as of Apr 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nuvocraft Apparels 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 Nuvocraft Apparels 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 Nuvocraft Apparels India

Recent activity within the organization

  • Charges

    A charge registered on 15 Nov 2021 via Charge ID 100511569 with Sidbi was fully satisfied on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge registered on 13 Aug 2020 via Charge ID 100359414 with Sidbi was fully satisfied on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge registered on 13 Aug 2020 via Charge ID 100359417 with Sidbi was fully satisfied on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge registered on 05 Aug 2019 via Charge ID 100283805 with Sidbi was fully satisfied on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge registered on 14 Jun 2018 via Charge ID 100184719 with Others was fully satisfied on 24 Nov 2023.

    24 Nov 2023

  • Charges

    A charge registered on 09 Mar 2017 via Charge ID 100085367 with Others was fully satisfied on 24 Nov 2023.

    24 Nov 2023

Frequently asked questions

  • Nuvocraft Apparels India Private Limited was incorporated on 09 Nov 2006.

  • The authorized share capital of Nuvocraft Apparels India Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.40 Cr.

  • Currently 2 directors are associated with Nuvocraft Apparels India Private Limited.

    • Stephen Verghese
    • Govinda Raju Yedla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nuvocraft Apparels India Private Limited is Site No 1 1St Floor Aziz Sait Industrial Town Nayandahalli, Mysore Road India, Bangalore, Karnataka, 560039.

  • The corporate identification number (CIN) of Nuvocraft Apparels India Private Limited is U18101KA2006PTC040895 and the company number is 040895 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nuvocraft Apparels India Private Limited is https://www.nuvocraftapparels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nuvocraft Apparels India Private Limited has fallen by -24.52%.

  • As Per 2023 financial reports, 44 employees are currently employed by Nuvocraft Apparels India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nuvocraft Apparels India Private Limited has experienced an downturn of -62.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nuvocraft Apparels India Private Limited amount to ₹ 5.50 Cr.

  • The most recent Balance Sheet for Nuvocraft Apparels India Private Limited was filed with the ROC on 31 Mar 2023.

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