Payal Novelty Private Limited

Company specializes in trading of monihari goods under popular brand names.

2012 | Jharsuguda, Odisha (India) | Active
Last Updated:

Payal Novelty Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.38 M
  • Company Age 13 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -32.50%
  • Profit Growth -78.82%
  • Ebitda -8.89%
  • Net Worth 2.89%
  • Total Assets -22.75%

About Payal Novelty

Payal Novelty Private Limited (PNPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 January 2012 and has a history of 13 years and one month. Its registered office is in Jharsuguda, Odisha, India.

The Company is engaged in the Consumer Goods 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 1.00 M and a paid-up capital of Rs 0.38 M, as per Ministry of Corporate Affairs (MCA) records.

Pawan Singhania, Neha Singhania, and Parag Singhania serve as directors at the Company.

Company Details

  • Location

    Jharsuguda, Odisha, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    payalnovelty.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51109OR2012PTC014852

  • Company No.

    014852

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2012

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Cuttack

Industry

Consumer Goods

What products or services does Payal Novelty Private Limited offer?

Payal Novelty Private Limited offers a wide range of products and services, including Cosmetics, Hair & Beauty Products, Nail Cosmetics, Beauty Cosmetics, Nail Polish, Colored Nail Polish, Body Powder, Compact Powder, Eye Cosmetic, Eyeliner.

Who are the key members and board of directors at Payal Novelty?

Executive Team (1)

NameDesignationAppointment DateStatus
Pawan Singhania Country flag representing In Managing Director23-Jan-2012Current

Board Members (2)

NameDesignationAppointment DateStatus
Parag Singhania Country flag representing In Director 23-Jan-2012Current
Neha Singhania Country flag representing In Director 23-Jan-2012Current

Financial Performance of Payal Novelty.

Payal Novelty Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 32.5% decrease. The company also saw a substantial fall in profitability, with a 78.82% decrease in profit. The company's net worth moved up by a moderate rise of 2.89%.

Payal Novelty revenue growth over time
Payal Novelty 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
-32.50%
Revenue from Operations
-32.42%
Total Assets
-22.75%
Profit or Loss
-78.82%
Net Worth
2.89%
EBITDA
-8.89%

What is the Ownership and Shareholding Structure of Payal Novelty?

In 2021, Payal Novelty 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 Payal Novelty?

Payal Novelty has a workforce of 1 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.

Employee growth trends for Payal Novelty Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Payal Novelty, 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 Payal Novelty'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 Payal Novelty

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Payal Novelty Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.

  • Director Appointment

    Pawan Kumar Singhania was appointed as a Managing Director was appointed as a Managing Director on 23 Jan 2012 & has been associated with this company since 13 years 1 month .

  • Director Appointment

    Neha Singhania was appointed as a Director was appointed as a Director on 23 Jan 2012 & has been associated with this company since 13 years 1 month .

  • Director Appointment

    Parag Singhania was appointed as a Director was appointed as a Director on 23 Jan 2012 & has been associated with this company since 13 years 1 month .

  • Company Incorporation

    Payal Novelty Private Limited was registered on 23 Jan 2012 with Roc Cuttack & aged 13 years 1 month as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Payal Novelty Private Limited?

    Payal Novelty Private Limited was incorporated on 23 Jan 2012.

  • What is authorized share capital and paid-up capital of Payal Novelty Private Limited?

    The authorized share capital of Payal Novelty Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.38 M.

  • Who are the current board members & directors of Payal Novelty Private Limited?

    Currently 3 directors are associated with Payal Novelty Private Limited.

    • Pawan Kumar Singhania
    • Neha Singhania
    • Parag Singhania
  • What is the registered address of Payal Novelty Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Payal Novelty Private Limited is Jhanda Chowk Marwari Para India, Jharsuguda, Orissa, 768201.

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

    The corporate identification number (CIN) of Payal Novelty Private Limited is U51109OR2012PTC014852 and the company number is 014852 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Payal Novelty Private Limited?

    The Official website of Payal Novelty Private Limited is https://www.payalnovelty.com

  • What has been the recent revenue trend for Payal Novelty Private Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Payal Novelty Private Limited has fallen by -32.50%.

  • How many employees does Payal Novelty Private Limited currently have?

    As Per 2021 financial reports, 1 employees are currently employed by Payal Novelty Private Limited.

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

    The financial reports for the fiscal year 2021 indicates that The net worth of Payal Novelty Private Limited has experienced an upsurge of 2.89%.

  • When was the last Balance Sheet of Payal Novelty Private Limited filed with the ROC?

    The most recent Balance Sheet for Payal Novelty Private Limited was filed with the ROC on 31 Mar 2024.